Posted by Buygold
@ 21:36 on March 27, 2019
A legend in his own mind…
Posted by ipso facto
@ 19:07 on March 27, 2019
Posted by Richard640
@ 17:59 on March 27, 2019
GLD Fund: Divergence Signals Shortage
By: Jim Willie CB, GoldenJackass.com
— Published: Wednesday, 27 March 2019
PERFECT FINANCIAL STORM
The perfect financial storm will be three to five times worse than the 2008 financial crisis that engulfed the subprime bond market.The corporate bond market is turning gradually into a $trillion BBB junk bond field and broken bone yard, after years of abused bond issuance devoted to share buybacks and executive options. It can be stated with accuracy that the entire global bond market is subprime, led by the USTBonds. In the last ten years, absolutely nothing has been fixed, no remedy even attempted, while all the errors, crimes, and reckless monetary policy that created the Lehman fiasco with the Global Financial Crisis, have been repeated on a global scale. Debt has exploded globally, and especially in the USGovt finances. The great unfolding crisis will engulf sovereign bonds, national banking systems, and major corporations. For the last ten years, the USD-based money supply has almost tripled. The process created a coiled spring. The Gold price is due to triple in compensation. Much lost time will be made up for. It just needs some internal, external, and systemic pushes. The Gold market will never let a crisis go to waste; it will respond.
A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). All three forces are positive in releasing Gold from the corrupt clutches of the Anglo- American banker organization. The West has an all-out blitz to ditch the USDollar and to adopt the Gold Standard in its early form, namely trade payment. In the last ten years since the Lehman Brothers failure, all systems have undergone the same reckless treatment that the mortgage bonds endured. Slowly the realization is coming to the fore, stated by a few astute analysts. In the last decade, the US-UK banksters have created the USTreasury bond as the global subprime bond. This is the result of astounding persistent magnificent QE abuse, debt explosion, and hidden corruption. The so-called financial stimulus is actually hyper monetary inflation, which has destroyed the bond market. There are no legitimate USTreasury buyers outside the US foreign vassal states.
GLD FUND FLASHING SIGNAL OF SHORTAGE
The GLD Exchange Traded Fund can serve as a very reliable early warning signal for a very tight gold supply, and corresponding Gold price upward moves. It signals shortage and tight supply now, with a divergence between London Gold price versus GLD Fund inventory in tonnage.
Posted by Richard640
@ 17:20 on March 27, 2019
At a time when the US economy is supposedly running at 3+%, unemployment is supposedly around 4%, and the stock market is a mere 5% off its all time highs… the Fed is talking about introducing NIRP, making QE a ROUTINE policy tool, and considering zero bound interest rates.
In chart terms, the Fed is seeing this:
Every time the stock market has broken its monthly bull market trendline in the last 30 years, it’s retraced roughly 50% of its gains via a crisis.
See for yourself.
Using today’s market, this means the S&P 500 down near 1,500.
THIS is what the Fed is preparing for.
Posted by Buygold
@ 17:17 on March 27, 2019
Bush guy. No relief from him.
Trump is compromised IMHO and rendered powerless.
Too bad, I had a lot of hope for him.
Ugly day for pm’s.
R640 thanks for the Ackerman article. I love it when you pile on.
Posted by newtogold
@ 16:15 on March 27, 2019
It comes down to trusting Barr to clean up the filth that accumulated there over the obozo administration.
Posted by eeos
@ 15:59 on March 27, 2019
Posted by Richard640
@ 15:58 on March 27, 2019
Published Tuesday, March 26, 11:22 p.m. ET
April Gold’s tortuous slog toward an ‘easy’ rally target at 1332.00 warrants a closer look at the bearish case. For if the futures were to fall just $9 to the green line shown in the chart (click on inset), that would trip a theoretical sell signal to as low as 1255.90 — a 4.5% plunge from current levels. Although the bull trend begun last August from 1182 still dominates the daily chart, the A-B countertrend shown in the chart is sufficiently compelling to imply that a sharp correction may be imminent. The danger would be averted by a rally exceeding 1356. 80, where a small but technically significant peak was notched on the way down from 1400 last spring
Posted by newtogold
@ 15:47 on March 27, 2019
set up to keep poeple off the topic of no collusion by Trump. We will probably see more of these types of DS antics in the near future. This Smollet thing was a total farce from the get go. I say let the FBI(see if they think its worth the effort) and the State of Chicago hash thru it. Personally don’t give a rat’s ass about Jussie and he will end up the scapegoat(another DS dupe) if prosecution goes forth. Speaking of dupes or crisis actors, what about the suicides of the two students in recent school shootings and the father of the shootings? Both false flags and maybe they were wavering on the story and had to be eliminated. Deep State will have to get more active before indictments start to roll out.
Posted by goldielocks
@ 14:09 on March 27, 2019
Yes he’s good at interpreting the meaning of it. It has multi meaning but one example on corruption. Jesus talked in a third person. What if it was one of you it happened to, that you would feel the same way. That Even priests knew he was talking about them. That they were not representing God or Gods people but their own desires. Why they wanted to get rid of him like politician today wanting to replace Church’s to get out of accountability want to get rid of Trump effectively. To take for themselves what we built up. Same for illegals and Muslims wanting to take it for themselves. We can then understand what God is thinking. The same reason Christianity insults evil or false profits because they don’t want to be accountable. Perhaps they should speak louder.
Fatima warned this time will come. I think she hinted to the down fall of Priests too. Mathew 24 Jesus talks about false profits will fool even the very elect.
Posted by ipso facto
@ 12:35 on March 27, 2019
Posted by Richard640
@ 12:26 on March 27, 2019
FROM A ZH reader===
I love how someone is buying the everloving crap out of the 2 Year to keep the curve from fully inverting. Wonder how long that’s gonna last? Quite the dangerous game, especially when someone is also trying to levitate high yield, retail, tech, consumer discretionary, utilities, lol something has to give. My indicator is extremely bearish right now btw. All the conditions are met for a “crash” (retest of the dec lows)
Posted by commish
@ 12:23 on March 27, 2019
My portfolio takes a hit.
Posted by ipso facto
@ 12:19 on March 27, 2019
Sibanye says it won’t invest further in Driefontein mine
Gold operations will be run down as unprofitable shafts shut
https://www.bloomberg.com/news/articles/2019-03-27/sibanye-s-driefontein-gold-mine-nearing-end-of-life-ceo-says
Posted by ipso facto
@ 12:16 on March 27, 2019
Soros is belzebub’s right hand man. It’s a well known fact!
Posted by newtogold
@ 11:53 on March 27, 2019
Lost .054 so far today. For those more sophisticated then me, what does that opine?
Posted by Richard640
@ 11:42 on March 27, 2019
“the U.S. central bank should immediately cut interest rates by half a percentage point”
Trump’s propsed FOMC Board Member made headlines yesterday when he opined about monetary policy (from Reuters):
President Donald Trump’s expected nominee for the Federal Reserve Board of Governors, Stephen Moore, said the U.S. central bank should immediately cut interest rates by half a percentage point, according to an interview with the New York Times on Tuesday.
Yup. Trump has found his man. No more feigning concern for prudent monetary policy – let’s get this party rocking!
But it’s the next part that made me laugh. Stephen Moore had the audacity to claim the following (again from Reuters):
Moore, a conservative economic commentator and a fellow at the Heritage Foundation, told the Times he is not a “sycophant for Trump” or “a dove” on monetary policy, a reference to Fed officials who favor an easier policy that supports economic growth.
Geez… I am not sure about Moore’s claim, but when I googled “sycophant” I was surprised to find some contradictory evidence:
Posted by Maddog
@ 11:33 on March 27, 2019
Posted by Maddog
@ 11:26 on March 27, 2019
‘effing Soros is up to his neck in stopping Brexit….he is a worldwide menace, I’m amazed no-one has had him.
I’m not even sure if it is ideological, he may just want the chaos to swing mkts, so he can trade off his ‘inside’ info and the left are just easy dupes.
Posted by eeos
@ 11:23 on March 27, 2019
Posted by silverngold
@ 10:45 on March 27, 2019
Posted by silverngold
@ 10:42 on March 27, 2019
That was one of the best sermons I’ve ever heard. Hope all will take the time to hear and understand the truth of it. Thanks again.
Posted by ipso facto
@ 10:36 on March 27, 2019
“7,000 Comex contracts…700,000 ounces…22 METRIC TONNES…suddenly dumped inside of one minute on the Comex.
Just another day in the perfectly free, fair and sacrosanct gold “market”. -TF Metals “
Posted by ipso facto
@ 10:14 on March 27, 2019
Posted by ipso facto
@ 10:10 on March 27, 2019
George Soros Spent $408k on Kim Foxx, Prosecutor in Jussie Smollett Case
Left-wing billionaire mega-donor George Soros donated $408,000 in 2016 to a super PAC that supported Cook County State’s Attorney Kim Foxx, whose office prosecuted — and dropped — the Jussie Smollett case.
https://www.breitbart.com/politics/2019/03/26/george-soros-donated-408k-to-kim-foxx-prosecutor-who-let-jussie-smollett-walk/
Loading ...
