Au vs. Ag
80 to 1 soon…….hmmmmm
Neo
Summers and others
Talking Fed won’t hike maybe more QE. Depends on the GDP.
Auandag
Chris here is a pretty level headed chartist and just put out a audio. Worth a listen Cuz you don’t want to get caught in a dead cat bounce. Not that you would but this is caution time. Audio on a link heres
Looks Like They are trying to Give the US markets a big Push Tomorrow
The asian markets are up big tme and PMs are getting choked.
Research: Massive Amount of Water Contaminated with Uranium Far Beyond EPA’s ‘Safe’ Levels
Two major US aquifers contaminated
University of Nebraska-Lincoln researchers Karrie Weber and Jason Nolan have tested 275,000 water samples collected from 62,000 locations across the US, and what they’ve found will be shocking to some.
The samples were taken primarily from two large aquifers, which supply drinking water to millions of people. When you look at the results and compare them to the commentary offered by artists of our time – such as the song ‘Radioactive’ by Imagine Dragons – you can understand why we need a revolution.
The researchers found that parts of the High Plains Aquifer, also known as the Ogallala, is saturated with uranium at a level exceeding the EPA’s ‘safe limit’ 89 fold. California’s Central Valley was even worse, with a uranium concentration that is 180 times higher than the EPA’s maximum allowable contamination level, yet we are all supposed to be drinking this radioactive water?
Read More:
Scruffy @ 17:27 re Weekend Update
re part…
“It has been and is all about “confidence”. Confidence has been the ONLY thing holding the Ponzi scheme together. The PPT allowed confidence a very black and swollen eye today. Nothing “credit” on the planet will stand upon the knockout of confidence!”
Comment:
In my opinion that confidence of the people was lost long ago, and that’s why Donald Trump is taking over the country. A street wise wealthy patriotic rebel like George Washington and the other founding fathers.
Its time to be optimistic. Ever since the ’08 meltdown. The 1913 bozos and their descendants got sucker punched 9/11/01, forcing them to drop rates and make a real estate boom that ended in ’08 and woke up the sleeping giant.
Watch the USA win its independence again, for the second time after Trump gets in. Im extremely optimist for America. Especially if the bottom falls out. The finale coup de grace. 🙂
Beats sleeping out in the open
Tiny houses for homeless at center of legal fight
The running legal and political debate at Los Angeles City Hall over how best to manage street encampments is turning to a new issue: tiny, curbside homes on wheels..
Some advocates for the homeless see the wooden, sometimes colorful single-room structures — about the size of a parking spot — as a simple and safer alternative to having the homeless sleep on the sidewalks.
The mini-houses have popped up recently around Los Angeles, with a number of them in San Pedro. But Harbor-area Councilman Joe Buscaino argues that a proliferation of the structures undercuts the appearance of neighborhoods and poses problems of public safety because the homes don’t have running water or reflective markings.
http://www.latimes.com/local/cityhall/la-me-0825-homeless-tiny-houses-20150825-story.html
Sinclair
Jim Sinclair’s Commentary
`As of today the door has slammed shut regarding both the belief that the Fed has omnipotent power to back up the equity bull market and the Plunge Protection Team can protect the equity or any other market no matter how awful the selling is.
Soon, before September ends, the door opens up to silver and gold as the last men standing.“
Hilarious: The Everyday Sheeple’s Guide to Self-Delusion
Although the market is up today, we’ve all just witnessed the first chapter of the unfolding “systemic market crash” that will destroy trillions of dollars in savings and investments.
Hilariously, the status quo is desperately trying to insist everything’s fine and that somehow stocks aren’t overvalued at all.
To aid in this comedic effort, I’ve released “The Everyday Sheeple’s Guide to Self-Delusion” which reveals the top 10 ways to convince yourself the market isn’t really crashing.
Hilarious read:
AuNeophyte
ONE hand flailing!
Ipso Facto @16:58
Hell, even ONE hand!
Neo
Floridagold @ 16:08
That’s a lot of selling power to derail the buying from the PPT. I didn’t see one talking head on bubblevision today advising people to sell. It’s a buying op doncha know! 🙂
Now … if gold could only find it’s own as# with both hands …
Richard640 @ 12:48
I’m getting a 404 page not found message from that link.
Too gold bullish? Too much truth?
Some green coming into the miners
Hard to believe.
@ Richard640 – RE: manipulation probe
Finally ! a prediction I feel 100% comfortable making.
I predict they will find NO evidence of Manipulation.
I will further predict – If any wrong doing is found, a fine will be levied. NO ONE of significance will go to jail.
There is no manipulation…
Precious metals trading is probed by EU after U.S. inquiry
Submitted by cpowell on 08:03AM ET Tuesday, August 25, 2015.
By Gaspard Sebag Stephen Morris
Bloomberg News
Tuesday, August 25, 2015
European Union antitrust regulators are probing precious-metals trading following a U.S. investigation that embroiled some of the world’s biggest banks.
The European Commission disclosed the probe after HSBC Holdings said in a filing this month that it had received a request for information from the EU in April.
“The commission is currently investigating alleged anti-competitive behavior in precious metals spot trading” in Europe, Ricardo Cardoso, a spokesman for the regulator, said in an e-mail on Tuesday.
U.S. prosecutors have been examining whether at least 10 banks, including Barclays, JPMorgan Chase & Co., and Deutsche Bank, manipulated prices of precious metals such as silver and gold. The scrutiny follows international probes into the rigging of financial benchmarks for rates and currencies, which have yielded billions of dollars in fines. …
… For the remainder of the report:
http://www.bloomberg.com/news/articles/2015-08-25/eu-commission-is-probi…
No news or events really seem to matter
Richmond Fed Manufacturing Collapses To 2015 Lows, Drops Most In 9 Years
WANKA @ 9:11
I havent heard that one since I left NJ in 1968 he he
Oh I see Gold is getting dumped now
these are surely “margin calls” and “people needing liquidity”. try to make it up as it unravels
Gold Train
It’s a beautiful day to take a streamliner
out of the woods! This train is leaving.
All Aboard!
http://www.railpictures.net/viewphoto.php?id=543435