It’s a different world we live in!
Silver still rising … đ
It’s a different world we live in!
Silver still rising … đ
Still there is still plenty of buying around.
Middle-aged people laid off and unable to find work are taking another way out. Theyâre killing themselves.
Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their 40s and 50s find it hardest to get hired again.
That makes boosting economic growth a life-or-death issue for many. But you wouldnât know it listening to President Obama and Hillary Clinton. President Obama whitewashes reality, claiming the âAmerican economy is pretty darn good right now.â
cont. http://nypost.com/2016/04/25/how-the-state-of-the-economy-is-literally-killing-people/
Gold Reserve Inc. Announces Extension of Memorandum of Understanding with the Venezuelan Government
http://finance.yahoo.com/news/gold-inc-announces-extension-memorandum-173300657.html
Skeena Announces Maiden Resource Estimate for Spectrum Gold-Copper Deposit
http://finance.yahoo.com/news/skeena-announces-maiden-estimate-spectrum-174921138.html
AuRico Metals’ Application for Environmental Assessment Certificate for the Kemess Underground Project is Formally Accepted
http://finance.yahoo.com/news/aurico-metals-application-environmental-assessment-202800950.html
Continental Gold Announces a Colombian Government-Initiated Operation to Permanently Close All Illegal Mines in Buritica
http://finance.yahoo.com/news/continental-gold-announces-colombian-government-205101005.html
Endeavour Silver Files Preliminary Base Shelf Prospectus
http://finance.yahoo.com/news/endeavour-silver-files-preliminary-shelf-215248396.html
Eldorado Announces Agreement to Sell Jinfeng Mine
http://finance.yahoo.com/news/eldorado-announces-agreement-sell-jinfeng-041500435.html
NuLegacy Gold Corporation: Major Gold Fund Acquires Equity Position
http://finance.yahoo.com/news/nulegacy-gold-corporation-major-gold-100000089.html
Eric Sprott Increases Newmarket Gold Shareholdings to 17.9% by Purchasing 16.2 Million Newmarket Common Shares at $2.80 Per Share
http://finance.yahoo.com/news/eric-sprott-increases-newmarket-gold-103000993.html
Barrick Reports First Quarter 2016 Results
http://finance.yahoo.com/news/barrick-reports-first-quarter-2016-111500652.html
Freeport-McMoRan Reports First-Quarter 2016 Results
http://finance.yahoo.com/news/freeport-mcmoran-reports-first-quarter-120000447.html
Endeavour Completes Acquisition of True Gold
http://finance.yahoo.com/news/endeavour-completes-acquisition-true-gold-123538476.html
I do believe you are correct sir. couple expiration with a Fed meeting and we probably have some trouble coming.
Someday we’ll trade freely…
April 27 is tomorrow providing 27 still comes after 26 ?? Dont laugh, I woke up this morning and while drinking coffee realized I live in the only Country that folks are confused over which bathroom to use ! Anyways, Gold and Silver Futures expire on the 27 so look for the familiar monthly bop on the head. Probably about the only thing that has not changed since Obama took office.
Rick’s Pick for Tuesday
‘The Only Way to Make Money This Year’
Posted April 25, 11:03 p.m. ET
I received an email from a friend on Monday touting a plan featured at ZeroHedge as “the only way to make money this year.” The plan itself, proffered by one Eric Peters, a fund CIO, seems like a good one: “Bet that…the central bankers will continue getting everything wrong, and double down when they do.” It is the hyperinflationary endgame predicted by Peters with which I would disagree. I argued as follows:
I loved this plan until I got to the last paragraph, Mike. Even if hyperinflation were possible — which I seriously doubt, for reasons Iâve been writing about for more than 20 years — it would be over in a matter of days, bringing in its wake a deflation that could conceivably last for generations. In such circumstances, the best hyperinflation âplayâ would be to pay off oneâs mortgage in the blink of time available between hyperinflationâs onset and deflationâs coup de grace; and/or to exchange a fistful of Krugerrands that might very fleetingly spike to $50,000 for some choice farmland owned by an incredibly stupid farmer.
Helicopter Money a Non-Starter
Meanwhile, anyone who talks about a âparadropâ hasnât worked out its instrumentalities, which are flat-out refuted by Weimarâs methods and experience during the 1921-23 hyperinflation. Success, if you can call it that, required massive collusion between government and a very heavily unionized work force. This time, where and to whom would the weekly boxcars of money be sent? (Were you aware that the biggest German employers were allowed by the government to print and distribute their own scrip, lest workers riot when the boxcars failed to come on schedule?) Another practical concern, and not a small one: How would hyperinflation remedy the accumulated, manifestly unpayable liabilities of pension trusts, life insurance companies, Social Security and Medicare? And, which lucky beneficiaries would be so politically privileged as to continue receiving their monthly checks?
The hyperinflationists talk as though politicians were capable of deliberately triggering, then managing, the deflationary collapse of a quadrillion-dollar derivatives bubble. As for the ZeroHedge guys, they would make plans to surf a tsunami. The most deflationary event one could conceive of — i.e., the banks not opening some Monday morning because of a panic that has occurred overnight in global financial markets — is also the least farfetched of all the endgame scenarios Iâve pondered. The branches keep no more than $25k-$50K on hand, and the flimsy system that clears credit-card transactions would collapse in an hour. Thereupon, in the week (month?) it would take for the boxcars of money to reach us, deflation would already have caused the banking systemâs exquisitely delicate machinery to seize
the only thing that looks like it s going up is the VIX !  S&P TOPPY ,DOW TOPPY  GOLD TOPPY SILVER TOPPY………
betcha its because TRUMP looks like he’s a force that DEMS,& REP Establishment cant control so they will punish Wall ST as a WARNING !
It will only make things worse …..TRUMP will win and if he lives all will be fixed withen 2 years ….He’s gonna havta take out the TRASH !
Yep, Marzipan but once you start making it it’s takes something out of it lol Maybe I should start making Marxipan making little Obamas and Hillarys and selling them to the Democrats.