Auandag
Nothing I can see to stop them from taking it to a million to one.
Our bet is one that everything collapses, that’s about it.
On a different note
I know 3 couples who go south to Arizona in the winter who are not going this year. The reason is the falling Cnd dollar. Surprising one couple also mentioned civil unrest in the USA. They are going to Costa Rica. The other two are staying home.
Buygold @ 20:31 -Yeah pretty obvious whats going on, unless your Armstrong or those of his ilk.
Whats the paper gold leverage, 123 to 1. Whats to stop it from going to 123,000 to 1. By the time they run out of gold it won’t matter, they will have total control over the populace. Everyone will be on the gov tit and all the guns will be confiscated and you will do as your told, like it or not. Hope I’m wrong, I’v been wrong before!
COT Report
http://www.cftc.gov/dea/futures/deacmxlf.htm
Wash, rinse……never mind. Just stunning how the commercials cover and sell almost exactly what the funds buy and sell. Almost as if the banksters are on both sides of every trade….no way, it can’t be, the regulators would surely catch that right?
Ipso
Those maps are created from detecting where one or more of the HAARP facilities is/are directing its/their beam(s). Without that there would be no map pinpointing the area involved or the strength and size of the target area. We here in southern BC are getting very unusual gusty winds that are similar to small tornadoes……but virtually no rain so far.
The difference between the U.S. Supreme Court and the Ku Klux Klan is that the members of the Supreme Court dress in black robes, and scare white people.
US Brokerage Unilaterally Changes Client’s Investments to US T-bills
A client of ours living in Ecuador, recently sent me a disturbing piece of news. He wrote: “We were recently talking to our next door neighbor who told us they were taking a trip to the US. The reason for the trip was because they attempted to transfer some of their moneyoverseas and were told by the bank that they had to appear in person to make the transfer.”
This was brought about because of what their broker/brokerage firm did several months ago. When they looked at their brokerage statement they discovered that some of their equities had been sold (without their permission) and that they had purchased US Treasuries (also without their permission)! When they questioned the broker he told them he was told by his superior to do this and NOT to tell his clients about it! The icing on the cake is that they will have to pay capital gains tax on the equities they sold. Neat eh?
https://www.dollarvigilante.com/blog/2015/08/12/the-us-government-has-gone-full-rogue.html
silverngold
Hmmm … 🙂
What would those readings say if HAARP didn’t exist?
These guys seem to have been a long time in development
MAG Silver Reports Second Quarter Financial Results
http://finance.yahoo.com/news/mag-silver-reports-second-quarter-210000640.html
drb2
Interesting article about Druckenmiller, he is a smart dude but I wonder if he knows that GLD has no gold? Hopefully the paper charade will continue long enough for him to make about a 1000% before cashing in his chips.
Never thought I’d say this, living in the PNW
but I’m happy to see we’re getting this nice thundering soaker today. Hasn’t rained in several months.
It’s the blue skies I tell ya!
Have a great weekend everyone
Re China Alleged Yuan Devaluation
Its all propaganda. The Yuan and dollar are 99% pegged. You can see in on the Kitco site. A link showing gold priced in Yuan and Dollars. They problem they may be having is…
If the dollar is the leader and goes way up, 80 to 100 like it did, the Yuan does the same thing, goes way up, drops prices. Or if its vice versa. If Yuan is the leader, getting the market respect and goes up it drags dollar higher, lower prices.
I think they may have originally pegged the dollar to the Yuan on purpose to protect (lock in) all the huge corporations that got tax incentives and an advantageous pegged exchange rate to avoid big losses after moving entire plants and industries over to China.
A 1% 2% or 3% devalue move in microscopic. Meaningless, structurally. I did some research one day on how much Yuans a worker needs to live, cross referenced it to dollars, took out a calculator and figured the Yuan is at least about 50%-75% UNDER valued. Dollars should be one dollar for three Yuan not one dollar for 6-7 Yuan.
See the peg for yourself. Click on “Chinese Yuan” L/S and 6 months and one year.
http://www.kitco.com/gold_currency/index.html?currency=cny&timePeriod=6m&flag=gold&otherChart=no
timing (and inside information) is everything
The US is a Paradox
It has Special Drawing Rights and is a RESERVE Currency ,but has become a Cheap Labor Country with millions unemployed ! and continues to import cheap labor .How long can the DOLLAR sustain a high value if it doesnt export ! It imports too much ! What gives it its value ? Does it hold a lot of GOLD ? Maybe its the Military and the fact that we dont throw BOMBS at each other ! Maybe its the SHORT SELLERS that can “SHORT SELL” any other country that challenges us… and drive them down…..That must be it ..”the short sellers” is Americas ACE in the HOLE” …
China could go the Swiss Route
if they are denied “special drawing rights” backing their currency with a high amount of Gold then others may hold RMB just like they HOLD SWISS FRANCS as ASSETS .. but the RMB has to have staying power and maybe instead of devaluing may have to revalue like the Swiss did not too long ago to get there. That is to say it has to have high value to be included as an asset ..otherwise its just another cheap labor currency that must export.
Pretty good China article
The Great China Ponzi – An Economic And Financial Trainwreck Which Will Rattle The World
snip
At the end of the day, that’s all the Beijing suzerains of red capitalism have actually done. They have not created any of the rudiments of viable capitalism. There are no honest financial markets, no genuinely solvent banks, no market driven allocation of capital and no financial discipline which comes from the right to fail as well as succeed.
There are, for instance, 287 million equity trading accounts in China, most of them opened within the last year and overwhelmingly held by retail punters with sub-high school educations. In less than 12 months they took down upwards of $1 trillion of margin debt through official brokerage channels and a massive network of shadow banking sources including dodgy peer-to-peer lending arrangements.
So fortified, they clambered after a stock market bubble that expanded by $3 trillion in just 60 trading days ending on June 14, and then broke into a panicked selling stampede that liquidated that very same $3 trillion of bottled air in hardly 20 trading days thereafter.
Then the state sent out the paddy wagons to arrest and intimidate the panicked sellers and threw-open the central bank’s credit lines to fund hundreds of billions of unwanted stocks. That is not capitalism, red or otherwise; it’s desperate, mindless madness.
Its in China’s interest
to announce increased gold holding every week to keep their stock market from collapsing .The economy ,the Stock Market,the money supply are all linked to GOLD ..They probably have the GOLD that they acquired while the US subsidized them by keeping prices low .The Chinese out foxed the US by not reporting at once when they gathered the required gold ,but continued to gather it logically thinking if its so important to become a member ..this Gold ….them more must be better ! Then the US denied them special drawing Rights ! the deception !…but were out foxed by the Chinese who dont need the special drawing rights since they already had the GOLD. The extra GOLD was their ACE -in-the HOLE ..
The Golden RULE..”He who has the GOLD,makes the RULES”
The Corbett Report
Pretty good stories with lots of Govt dishonesty, stupidity, and “coincidences”. IMO well worth the time to become informed.
Auandag
If he keeps being a good boy perhaps they’ll reward him with a Junior NSA Ranger Badge!
Auandag
Pretty funny. Trust in God er Armstrong
I guess the USD isn’t going to rollover. The rout is on. Silver had some nice gains erased in about two minutes.