Gee Baby what the hell happened to the gold and silver prices into the weekend? We are down over another 1% in both in Australian and Asian trading hours, and with London due to open soon both may head even lower to test strong support levels.
We definitely need something to calm our nerves, and I can't think of anything better to achieve that than some soothing sexy Sydney jazz from Frances Madden.
Gold and Silver were beaten down in overnight trade, with gold falling over 2% to below $1,200 and silver over 4% to below $16.50. Traders continued to bid the US Dollar higher with the USD index over 86 as the fallout from the Fed ending QE continues to be felt across all markets along with a fear of rising rates in 2015.
Oct. 29 (Bloomberg) -- Jim Grant, publisher of Grant’s Interest Rate Observer, and Megan McClellan, global head of U.S. fixed income at JPMorgan Investment Management, talk about Federal Reserve policy, the bond market and the U.S. economy. They speak with Stephanie Ruhle and Michael McKee on Bloomberg Television's "Market Makers."
Discussing future accommodation and when the Fed will raise interest rates, with Keith Fitz-Gerald, Money Map Press; Jack Bouroudjian, Index Financial Partners; Sharon Stark, D.A. Davidson & Co., and CNBC's Rick Santelli.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert in a double-header discuss nudging citizen-consumers like pigeons and mental patients into behaving as the technocratic elite wish them to behave - more consumption, more selfies, more fatal masturbation. This behavioural outcome is achieved through rewarding desired behaviour with plastic trinkets and poker chips which make the subjects being controlled feel empowered by their decisions to behave as their controllers had wanted them to. They look at examples of successful nudging in the UK where the electorate is bought off with games of chutes and property ladders for correct behaviour. If nudging does not work, however, there is always bludgeoning as is done in the US where the Inland Revenue Service has been seizing the bank deposits of non-complying citizen-pigeons who have not incurred massive debts.
The second half of Sean's interview with GoldMoney's Alasdair Macleod they discuss the November 30th Swiss gold referendum and what it might mean for the Bankster's central banking Ponzi scheme. They also discuss Majestic Silver CEO Keith Neumeyer's move to withhold physical silver sales - and his idea to form an OPEC-like mining cartel to break the back of the paper silver manipulation.
China on Monday announced direct trading between the renminbi and Singapore dollar beginning Tuesday, marking another step toward internationalizing the Chinese currency.
The announcement by China Foreign Exchange Trading System (CFETS) extended the yuan's list of direct onshore trade to more major currencies, including the U.S. dollar, the euro, British sterling, Japanese yen, Australian dollar, New Zealand dollar, Malaysian ringgit and Russian ruble.
The move aims to boost bilateral trade and investment, facilitate the use of the two currencies in trade and investment settlement and reduce exchange costs for market players, the CFETS said in a statement on its website.
The move is also expected to help Singapore in its bid to become a renminbi offshore center.
In the first half of Sean's interview with GoldMoney's Alasdair Macleod he discusses the latest banker "suicides" which have all of the hallmarks of intelligence agency 'wet work'. Alasdair explains how China could easily have acquired 20,000 tons of gold in recent decades - and as SRS Rocco recently pointed out - another 10,000 tons of gold in just the last three years. The second half of our nearly one hour long interview will be posted on Tuesday night.
John Manfreda and Jason Burack of Wall St for Main St had on precious metal experts David Morgan and Chris Marchese of The Morgan Report http://www.silver-investor.com/ to talk about their new book, Silver Manifesto.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the horror, the horror of the apocalyptic scenes that central bankers have wrought upon the innocent and the deranged alike. This apocalyptic aftermath of meeting the Colonely Kurtz like central bankers is an economy in which the under-30s are left behind and the pauperization of workers through inflation. They also look at the testimony in the lawsuit by Maurice ‘Hank’ Greenberg in which it was revealed that then Treasury Secretary, Hank Paulson lied to Congress!
In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about how democracy has been vaporised in the UK and the result is the falling wages which have led to protests in the streets of London.
Jason Burack and Mo Dawoud did a market wrap and discussed market volatility, a potential market crash and the wealth effect.
Jason and Mo think after 2008 the rules changed and now asset prices will not be allowed to drop an enormous amount and if they do drop say 15-20% they may not be allowed to stay that low for more than 6-12 months due to the amount of leverage holding assets like stocks, bonds and real estate.
Miles Franklin hosted a Webinar moderated by Media Director Andy Hoffman featuring top minds in the silver research community. Panelists included David Morgan, Harvey Organ, Steve St. Angelo, and Bill Holter of Miles Franklin. They discussed supply/demand of gold and silver, mining production, oil prices, trading, and the bullion industry.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Johnny Rotten challenging Russell Brand and offer the show as a platform for a debate between the two. Max notes that quantitative easing is the central bank equivalent of punk rock gobbing. They highlight several of the many market distortions similar to the insanity leading up to the 1929 market crash - including $140,000 AUD cats. In the second half, Max continues with his interview of Professor Antal Fekete of FeketeResearch.com about how the 1921 bond market collapse led the US Federal Reserve & Treasury conspiring to illegally introduce open market operation, leading to a situation in which profits in the bond market are risk free while profits in the commodity market are NOT risk free.
"It looks like the end game is possibly starting," says MilesFranklin's Andy Hoffman. "Bond yields around the world have now hit an average an all-time low. The most damning proof yet of QE failure is out there for the world to see. I don't think anyone is left that's actually saying "recovery" any more because it's obvious, you're seeing crashing commodities, crashing currencies, crashing bond yields, now crashing stock prices... the whole propaganda game is broken...
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the case of trickle down clown terror as the clowns terrorizing California behave like the central banking clowns scaring the global markets.
In the second half, Max interviews Professor Antal Fekete of FeketeResearch.com about deflation, bonds, and how it is that the current European depression is worse than the Great Depression of the 1930s when Fekete was a child.
CNBC's Rick Santelli reports on the major action in bonds, after the 10-Year yield fell below 2 percent.
Why would you risk your money for less than 2% pa when you could secure your funds in an equally liquid (if not more so) asset, such as gold which has returned over 10% pa for the last 10yrs and in AUD is even up 5% in this "down" year.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert host episode 666! The mark of the beast? Or the mark of the financial regulator Nero’s fiddling while markets burn? They discuss the IMF warnings on the speculative bubbles caused by zero percent interest rates but the chaos that could ensue if rates return to ‘normal.’ Whatever that is.
In the second half, they discuss 666 being a lucky number in China, where the economy is now bigger than the US, according to World Bank data.
Oct. 10 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom &
Doom report, talks about global stocks, the economy and gold prices.
Faber speaks with Matt Miller, Scarlet Fu and Olivia Sterns on
Bloomberg Television's "In the Loop." Bloomberg View columnist Barry
Ritholtz also speaks. (Ritholtz is a Bloomberg View columnist. The
opinions expressed are his own. Source: Bloomberg)
With the recent gyrations in the gold and silver prices us precious metal investors really need someone to watch over us, and I couldn't think of anyone better to do that than Sydney jazz sensation Frances Madden.
I had the pleasure of meeting Frances last weekend, a really delightful lady. If want to know more about her and her band, upcoming gigs, bookings, etc go to her website here. If you want to listen to more of her music go to her youtube channel here
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the ‘do nothing spirit’ standing in the way of the revolution that yet another celebrity is calling for. In the second half, Max interviews Roslyn Fuller about the ‘democracy delusion,’ revolution, Cicero and more.
The aggressive and mindless stance that Washington’s warmongers have taken toward Russia and China have shattered the accomplishment of Reagan and Gorbachev.
Reagan and Gorbachev ended the cold war and removed the threat of nuclear armageddon. Now the neocons, the US budget-dependent (taxpayer dependent) US military/security complex, and the US politicians dependent on campaign funds from the military/security complex have resurrected the nuclear threat.
The corrupt and duplicitous Clinton regime broke the agreement that the George H.W. Bush administration gave Moscow in 1990. In exchange for Moscow permitting a reunified Germany to be a NATO member, Washington agreed that there would be no expansion of NATO to the east. Gorbachev, US Secretary of State James Baker, US ambassador to Moscow Jack Matlock, and declassified documents all testify to the fact that Moscow was assured that there would be no expansion of NATO into Eastern Europe.
In 1999 President Bill Clinton made a liar of the administration of President George H.W. Bush. The corrupt Clinton brought Poland, Hungary, and the newly formed Czech Republic into NATO.
President George W. Bush also made a liar out of his father, George H.W. Bush, and his father’s trusted Secretary of State, James Baker. “Dubya,” as the fool and drunkard is known, brought Estonia, Latvia, Lithuania, Slovenia, Slovakia, Bulgaria, and Romania into NATO in 2004. The corrupt and hopeless Obama regime added Albania and Croatia in 2009.
In other words, over the past 21 years three two-term US presidents have taught Moscow that the word of the US government is worthless.
Today Russia is surrounded by US and NATO military bases, with more to come in Ukraine (part of Russia for centuries), Georgia (part of Russia for centuries and the birthplace of Joseph Stalin), Montenegro, Macedonia, Bosnia-Herzegovina, and perhaps also Azerbaijan.
A large land expanse that was formerly part of the Soviet Empire is now part of Washington’s Empire. The “coming of democracy” simply meant the changing of masters.
Washington always picks the puppet who serves as Secretary General of NATO. The latest is a former Norwegian politician and prime minister, Jens Stoltenberg. On Washington’s orders, the puppet quickly antagonized Moscow with the statement that NATO has a powerful army that has a global policing role and can be deployed wherever Washington wishes. This claim is a total contradiction of NATO’s purpose and charter.
Igor Korochenko, a member of the Russian Defense Ministry Public Council replied to Washington’s puppet Stoltenberg: “Such statements run counter to the system of international security, as the NATO alliance poses a threat to Russia. Therefore, it will cause responsive measures.”
The responsive measures are what you would expect: enough nuclear capability to wipe out the United States and Europe many times over.
The arrogant fools in Washington, wallowing in their hubris as “the indispensable nation,” have provoked Moscow to the point that Russia now has more deployed nuclear weapons than the US. As a result of Washington breaking its word and putting ABM missile bases on Russia’s border, Russia has developed supersonic ICBMs that can rapidly change their trajectory and cannot be shot down by any missile defense system. Of course, the US corporations making billions of dollars selling Washington a useless ABM system will deny this.
Moreover, those countries, such as Poland, whose governments are sufficiently stupid to accept US ABM bases, would be obliterated before the bases could function. The utter stupidity of Eastern Europe’s bought-and-paid-for governments to put trust in Washington is likely to be the main cause of WW III.
The happy participant in the new Armageddon is the American military/security complex. These greedy bastards–”private corporations” whose revenues are entirely public funds– are guaranteed more money regardless of the potential cost in human life. Their US Senate spokesperson, Jim Inhofe, a member of the Senate Armed Services Subcommittee on Strategic Forces, has resurrected the argument from 60 years ago that America is falling behind in the arms race. Restarting the arms race is essential to the profits of the US military/security complex and to the campaign contributions of senators.
It is not only Russia’s strategic nuclear forces that the fools in Washington have revived and activated, but China’s as well. Last year China released a pictorial description of how China’s nuclear forces could destroy the US. This was China’s response to Washington’s insane plan of building new air and naval bases from the Philippines to Vietnam in order to control the flow of resources in the South China Sea. What kind of idiotic government does America have that thinks China is going to put up with this kind of interference in China’s sphere of influence?
China has now added to its nuclear arsenal a new variant of one of its mobile ICBMs. Washington does not know much about this new missile, because the CIA is too busy arranging protests in Hong Kong.
Both Russia and China were content to be part of the world economy and to improve the economic situation of their citizens by developing their economies. But along comes the neocon Unipower, a collection of arrogant psychopaths who declare that Washington will not permit any other country, not even Russia and China, to rise to a capability of exercising a foreign policy independent of Washington’s purposes.
Nuclear war is back into the picture. First Washington threatens those it perceives as rivals. When the perceived rivals don’t submit, Washington demonizes them.
In the histories written by Washington’s court historians, the greatest demons of modern times are the WW II governments of Japan and Germany along with the post-WW II Soviet government of Joseph Stalin. These American court historians ignore the facts.
Japan was forced into war by Washington, which cut off Japan’s access to resources. Japan was then nuked twice while the Japanese government was trying to surrender.
All of US president Woodrow Wilson’s promises made to Germany in order to end WW I, such as no territorial loses and no reparations, were broken. Germany was torn apart and German territory was handed over to Poland, France, and Czechoslovakia. Despite US president Woodrow Wilson’s promise to the contrary, impossible reparations were imposed on Germany by the Treaty of Versailles. The prescient John Maynard Keynes declared that the reparations would result in a second world war. If memory serves, portions of Germany were also given to Belgium, Lithuania, and Denmark.
This humiliation of an industrious and powerful people, whose armies occupied foreign territories when WW I ended, demonstrated the mendacity of the so-called “Western powers.” The French, British, and Americans paved the way for Adolph Hitler. By 1935 Hitler was sufficiently ensconced to denounce the Versailles Treaty. If Hitler had not succumbed to hubris and sent the German armies marching off into Russia where they were destroyed, he, or his successors, would still be ruling Europe today.
The true history is so different from what Washington pretends and Americans are taught. The majority of Americans are blind enablers of Washington’s war on the world. If ebola and global warming don’t destroy humanity, the ignorance of the American people and Washington’s war for world hegemony surely will.
Good morning, Mr. President. I'm a representative of the shadow government that put you into power. Did you ever wonder how we keep people fighting with each other? Or obeying our silly rules? Or actually loving their captors and slavemasters? This morning we're going to brief you on just that. Are you ready to begin?
Finally a mention of Ebola and precious metals, other than my observations of over two months ago (see here). Whilst Bill is correct Ebola could threaten gold mining operations in parts of Africa the risk to supply is minimal as mining contributes less than 2% of available supply on an annual basis. Even this is offset by the fact the vast majority of gold is mined in Australia, China and North America. What should concern Bill is Ebola and Platinum, as 90% of the world's annual mine supply comes from Southern Africa and unlike gold there are no global stockpiles, if anything the world is currently in deficit.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss life imitating art as markets, economies and populations transforming into Kafkaesque giant vermin unrecognisable to the men and women we once were. Whether the man zombified by his iPad or the income distribution pie chart grotesquely distorted, some have grown used to this new ugly reality; whilst others wish the system will die so progress can return.
In the second half, Max interviews John Perkins, author of Confessions of an Economic Hitman, about ‘peak bankster.’ They also discuss IMF debt swiftly following on coups around the world.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the story of a woman locked up in Gainesville, Georgia for three months after being found with dried pasta sauce on a spoon which was mistaken for meth - until tests finally proved otherwise. They also realize that the Khorasan Group must be the SpaghettiOs of terror, and so its recently killed leader must have been Chef Boyardee. Or, perhaps, he was actually a grain silo?
In the second half, Max interviews Amir Taaki about bitcoin, the blockchain, mainstream media and the men and women in beige.
We all know that gold is a highly sought-after precious metal and obviously not just for ornamental purposes. The first use of gold as money occurred around 700 BC when Lydian merchants produced the first gold coins.
In fact, gold has always had value to humans, even before it was money – this is clear when you look at the extraordinary efforts that man has gone to obtain it. That’s why we decided to make an extraordinary effort of our own to better understand it.
And the incredible panel of talent and insight that we’ve amassed today – including Peter Schiff, Rick Rule, Marshall Auerback, and Cullen Roche – is going to help us do just that!
Oct. 1 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom &
Doom report, talks about the outlook for global stocks and investment
Faber speaks with Betty Liu on Bloomberg Television's "In the
We all know Big Brother; the all-seeing, all-knowing character that presides over the Orwellian surveillance society. But what about Little Brother? Is it possible to use the technology of the police state to undermine that tyranny, or is that the trap that is being set for us? Today James Corbett is joined by veteran trial lawyer and radio broadcaster Lionel of LionelMedia.com to discuss these and other issues. Don't miss this fascinating, fast-paced and in-depth discussion on tyranny, surveillance, conspiracy and resistance.