Wall Street has come out with some zingers this week. Heard on CNBS from an analyst yesterday:
“I don’t think the economy is heading into recession, what we have now is an earnings recession”
Interesting, you could very well be right about China taking swift action.
I wonder what will happen to gold if the USD soars to the levels you are talking about? Will it do nothing in USD terms while soaring in all other currencies? Will it go down in USD’s? or will it strengthen with the dollar because of the chaos a currency war will cause in emerging markets and around the world?
Be interesting to see if SHTF for real this time.
to offset Japan’s Nirp today. Look for a swoon in the Equities soon thereafter. The Game is Afoot . Cry havoc and let slip the dogs of Currency War. China will not be outdone by anyone. Read that US duller might hit 112 or 113 before a collapse. The blatant thievery in the London Fix with Silver is evidence of SHTF sooner than later.
Gold 1061 today 1118
Silver 13.82 ” 14.24
Oil 36.60 ” 33.65
S&P 2044 ” 1940
Indictment Looms As FBI Declares 22 Clinton Home-Server Emails “Top Secret”
http://www.zerohedge.com/news/2016-01-29/indictment-looms-fbi-declares-22-clinton-emails-top-secret
The origins of the latest Ebola outbreak may be traced as far back as a speech from 2006.
During an annual Texas Academy of Science meeting, Professor Erik Pianka took the stage to rant: likening humans to bacteria… and actually calling for Ebola to be weaponized…
Why would scientists applaud such an idea?
Either they are really good con artists even though people are left shaking their heads in disbelief or they have totally sold their souls. Kerry came out with two new Bible quotes. Thing is he can’t quote the verses because there not there. One was the Bible says we are suppost go protect the muslims. The second he say the bible says we must protect Muslims from Global warming. Someone asked where in the bible does it say that? Told him think it’s under false profits and blasphemy. So guess I’ll go with they sold their soul. That big apple has turned into one big rotten apple. Meanwhile Paris just caught a couple sneaking guns ammo into Disneyland before they could shoot up a bunch of kids. One still at large.
The way I am reading things lately it looks like they are saying if you believe in upholding the Constitution and not the government, then you are a terrorist!!
There is a patriot party starting up. But your right if they are not with the constitution they might as well call themselves non patriots. These people think it’s alright to usurp the bill of rights like a person inviting others into your home without your consent and no concern where they’re coming from or moving your things out and putting theirs in. I got my daddy’s car keys. Parents ” politicians ” arent home let’s have a party. Meanwhile the baby’s in the back room crying and nobody watching him. As far as Bush his subliminal message was if your not with him your not a patriot. There’s a difference between being with the constitution and one saying they represent it. Although after Obama it’s gone from bad to worse.
We no longer need conservatives or liberals for political parties. That brainwashing ended up totally useless, always the same results, a declining USA that led to these days.
The NEW TEAM or rivalry should be Patriot Party and or Non-patriot Party. Love America Party or Hate America Party. Like Bush, “Either you are with us or against us”
And those who do watch the wording of any contract that gives them a out. There are just too many crooks in the world.
I just hope they didn’t put their eggs all in one basket. Six thousand people maybe eight divided by 25 million is a big loss and maybe to some everything. Question is regulation verses privacy. Either way theres a potential for untrusted hands on phyz if you don’t take delivery. There web site was still open until the other day listing coins for sale. I never bought there put could get a quick view of spot plus news. They were open since the begining of the reversal about 17 years so I was shocked but not surprised. They showed a picture of their heavy vault and thought about it years ago but didnt quite trust it with all the noise of people finding out they were paying for storage and no gold. They had it so you could put PMs into a IRA account in phyz so that probably lured a lot of people in and so there went their retirement . Apparently it revolved around storage not delivery and we’re still selling after they filed bankruptcy. Don’t know who would buy at that point.
Meanwhile FWIW MA came out with warning last night that miners will see trouble and put it in away that we will see even some big miners go under. Also that the current high is close and if it doesn’t stay above a certain number by the end of this month expect a low in the next benchmark.
Back in the 1980s once on late night TV, I saw Donald Trump on talk show saying things regarding the economy and how Americans were getting screwed, things that I also was thinking before him about since 1975. He said….
“We just can’t keep going on like this”. After that I liked Trump, and hoped he could do something, but I guess things were not bad enough at that time. By the Summer 2008, things did finally get bad enough.
It was just me, Donald and George Carlin trying to worn the people. Obviously the three of us FINALLY have a lot more company. Possibly even TPTB themselves, since there is nothing left for them to win.
25 years ago 1991 Video:
At least one of the big banks did the same Morgan Stanley and of course, they were only fined etc.
http://www.reuters.com/article/idUSN1228014520070612
IMO All “unallocated” accounts are suspect….
That’s enough to make you sick! $25 million in gold which was never there. The people who perpetrated this should be locked in a room with their victims.
Another shock to investors stiring metals.their web site just closed down. They used to post metals news. They were maybe worse than Tulving. Vaults were empty when people called for delivery.
According to Bullion Direct’s statement, somewhere around 6,000 customers bought $25M of metal from Bullion Direct, and to store for them — but Bullion Direct did not actually purchase the metal.
Of course, Bullion Direct’s customers didn’t know this because when the company’s customers paid the company for bullion and storage, Bullion Direct would show the metal in their portfolios. Now we know that these holdings never existed.
What sets this sad situation apart from the failure of The Tulving Company is that people stored metal with Bullion Direct (or at least thought they did). So while Tulving customers lost metal from a single purchase, most Bullion Direct customers lost metal from many purchases, often over the course of years. Bullion Direct also held metal — paper, actually — in hundreds of IRA accounts. People were trusting Bullion Direct to safeguard their life savings. That trust was misplaced.
Buying Sm, Dollar, Oil and selling all PM’s….same ‘ol, same ‘ol….just like the unwanted guest at a good party….u just know they will ruin the evening.
Endeavour Silver to cut output in Mexico on low prices
http://finance.yahoo.com/news/endeavour-silver-cut-output-mexico-214225004.html
Teranga Gold Outperforms 2015 Cost Guidance
http://finance.yahoo.com/news/teranga-gold-outperforms-2015-cost-225952111.html
ASA Gold and Precious Metals Limited Reports Financial Results for the Year Ended November 30, 2015
http://finance.yahoo.com/news/asa-gold-precious-metals-limited-235600702.html
Comstock Announces Optioning Its Corona Property in Mexico
http://finance.yahoo.com/news/comstock-announces-optioning-corona-property-000812802.html
Freeport loses right to export from Indonesia copper mine, talks ongoing
http://finance.yahoo.com/news/indonesia-not-renewed-freeport-copper-024946624.html
Zika Outbreak Epicenter in Same Area Where GM Mosquitoes Were Released in 2015 — b-w, 3:02:24 1/29/16 Fri
I am willing to bet each and every “deadly virus” which are popping up at about one a year is a BIO-WEAPON.
How come NEVER a deadly bacteria?