Loading ...Do you have any PM stocks that are NOT at 5 year highs ? Geesh, the woes of a late comer !! 🙂
One Can Dream….
States Should Restore Gold and Silver as Legal Tender before the Monetary Crisis Arrives
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The Constitution for the United States of America is not merely a set of suggestions. So when the Constitution says, in Article I Section 10, “No state shall make any Thing but gold and silver Coin a Tender in Payment of Debts,” it means exactly that.
Recognizing that the departure from gold and silver backing to our money has led to crushing debt and great financial instability, a few freedom-minded state legislatures have begun to consider how to defend themselves and their citizens. In particular, Utah has charted a path towards a widespread acceptance of gold and silver, declaring any gold and silver coins issued by the U.S. government as legal tender in the state — and free from any taxation. ”
States Should Restore Gold and Silver as Legal Tender before the Monetary Crisis Arrives
I’d like it more if I owned em
Gold Standard Ventures’ monster hole
On August 9, 2016, Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) released yet another barn burning drill hole at their North Dark Star deposit in Nevada in the Carlin Trend. They have done it so many times it’s starting to get boring. This was 126.2 meters of 3.95 g/t gold. At today’s price for gold, that’s $170 rock. Near surface and oxide. Just the way majors like things.
Farmboy–maybe Bernie just GUV a few speech’s for pay
In The U.S. top politicians don’t have “bagman”…they get paid for favors via speeches. When Reagan left office he made a single speech in Japan for $5 mill…that’s how gentlemen get paid.
Que lastima!
Brazil’s Senate indicts Rousseff, opens impeachment trial
Brazil’s Senate voted early on Wednesday to indict President Dilma Rousseff on charges of breaking budget laws and put her on trial in an impeachment process that has stalled Brazilian politics since January.
With the eyes of the world on the Olympic Games in Rio de Janeiro, senators in the capital Brasilia voted 59-21 against the suspended leftist leader in a raucous, 20-hour session presided over by Chief Justice Ricardo Lewandowski.
A conviction would definitively remove Rousseff from office, ending 13 years of leftist rule by her Workers Party, and confirm that interim President Michel Temer will serve out the rest of her term through 2018.
Rousseff’s opponents needed only a simple majority in the 81-seat Senate to put her on trial for manipulating government accounts and spending without congressional approval, which they say helped her win re-election in 2014.
http://www.reuters.com/article/us-brazil-impeachment-vote-idUSKCN10L0HO
The Charade Continues: London Gold And Silver Markets Set For Even More Paper Trading
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Conclusion
According to the LBMA, ‘Loco London’ “refers to gold and silver bullion that is physically held in London“, however, given the secrecy which surrounding trading data in the London gold and silver markets, and the lack of publication by any bank about the proportion of unallocated client balances in gold or silver that it maintains versus the physical gold or silver holdings that it maintains, this ‘loco London‘ term appears to have been abused beyond any reasonable definition, and now predominantly refers to debit and credit entries in the virtual accounting systems of London based bullion banks. Nor, in my opinion, will the LME contracts change any of this. One would therefore be forgiven in thinking that the real underlying inventories of gold and silver in the London market and their associated inverted pyramid unallocated account positions are too ‘precious’ to divulge to the market. The Bank of England is undoubtedly licking its chops to the continued opacity of the market.”
Comment: “Clear as mud” is right !!
OOPS!
Deutsche Bank Unexpectedly Found To Have Massive Capital Gap, Larger Than Its Entire Market Cap
After the ECB concluded its latest annual stress test, which as expected found no problems with Europe’s largest banks instead scapegoating Italy’s well-known troubled banks in results that were widely discredited by the market, yesterday in an unexpected outcome, German economic research institute ZEW found that Germany’s largest bank, Deutsche Bank, had the highest potential capital shortfall, as much as €19 billion in a study of 51 European banks using U.S. Federal Reserve stress test methods. The capital gap is greater than DB’s entire market cap.
Bernie Sanders Buys $600K Lakefront Summer House in Vermont
http://heatst.com/politics/bernie-sanders-buys-house/
Comment: I take it he did not return some of the money his followers sent in for his Presidential campaign. Or maybe its a ‘gift’ from Hillary for his endorsement that left his loyal, if misguided, youngsters out in the cold.
‘We should nationalise German banks’ Warning Deutsche Bank teetering on edge of CRISIS
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A TOP economist has warned that Germany’s biggest bank is teetering on the edge of crisis and they only way to protect it against future shocks is to nationalise it.”
http://www.express.co.uk/news/world/698305/Deutsche-Bank-financial-crisis-EU-Angela-Merkel
Comment: Let me think, haven’t we seen this before. Let the ‘Bail Outs’ begin ! One cannot help but wonder how many PM shorts this bank is having to make good on ?
Maya, Let Me Guess, She Is Related To You ?
Hot stuff! Bikini-clad ‘female Indiana Jones’ becomes the first person to surf around a volcano – using her bright pink board to swim just inches from free flowing lava
Read more: http://www.dailymail.co.uk/news/article-3733022/Hot-stuff-bikini-clad-female-Indiana-Jones-Alison-Teal-person-surf-volcano-using-bright-pink-board-swim-just-inches-free-flowing-lava.html#ixzz4GwIfC0g4
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Floridagold @ 9:57 Why Not $25.00/hr ?
That is bound to get Hillary elected ! Course, about half of America will be unemployeed, and the shuttered doors of business on Main St will look like a ghost town. Amazing how the Democrats come up with these great ideas like Obamacare. 🙂
Mr.Copper @ 21:43 Thanks For Sharing,
your playground list and some of the strategies you use in selecting them. I want to give that list a go over, and see if I can add a few of those. It doesnt look like I am going to get the pullback in PM’s I was hoping for so guess I will start easing my way back into the shares. And I will just have to pay up for the ounces. Seldom do things go like I expect or want. lol
newtogold @ 21:31 I See That Ryan Won In a Landslide,
it must be Maya’s fault. Wasn’t he living in ‘Cheesehead’ country for awhile? Was hoping Ryan would get his pink slip. Oh well, perhaps that honor will come at the hands of Trump? Hey, can we give Wisconsin to Canada? Ship all the illegal immigrants up there? Maybe it was the vote counters? Cant wait to get my RV, so I can vote in a lot of different places. 🙂
treefrog @ 20:36 Great Job !!
How did you do it ?? I went to watch some of the Olympics last night and awoke to see Gold & Silver did well over night. I nominate you for the night shift Gold Watch. 🙂
Maya @ 4:34 on August 10, 2016 …..Oh WELL it was nice while it lasted !
Its all relative anyway a hundred billion here and a hundred billion there,before you know it ,it adds up to real money !
Silver Train
A Burlington train of heavyweight passenger cars pops out of the tunnel.
http://www.railpictures.net/photo/582752/
Ororeef @ 23:57
I’m sorry, old friend, but at 100 Billion Zim. you ARE poor! I’m one of the 1%…
Looks like theyre hinting snowden had killerys emails.
Watch “Still Report #1098 – Dead Man Switch – But Snowden is “Fine”” on YouTube
https://youtu.be/8xhqp9r6vNk
Murdered DNC staffer was sourse for leak not Russians
Watch “Still Report #1105 – Assange Murdered DNC Staffer Was Wikileaks Source” on YouTube
https://youtu.be/tmwvI0L4raY