Today’s AM fix was USD 1,305.00, EUR 971.20 and GBP 768.55 per ounce.
Gold climbed $15.00 or 1.16% Friday to $1,307.40/oz and silver shot up $0.37 or 1.82% to $20.74/oz. Gold and silver were both down for the week – 0.24% and 0.53% respectively.
Mark O’Byrne of GoldCore discusses silver and silver manipulation – see here
Silver for immediate delivery fell [...]
by Charles Hugh-Smith
Which appears more likely–a straight-line extension of the past two years’ rise in stocks, or another “impossible” decline to complete the megaphone pattern?
There are dozens of charts and data points supporting the case for a continuation of the Bull market in stocks or a reversal into a Bear market. For the sake of brevity I’ve distilled the two arguments into two charts, one for the Bull case [...]
“Obama is treated by the media as someone who is trying to bring about peace, when in fact everything he is doing is pushing us closer to the moment where thermonuclear war is inevitable… We’re under domination of this banking cartel which is destroying our physical economy and using us as a military force against those countries that actually want to break out of this transatlantic collapse.” – Harley Schlanger, [...]
By Michael Snyder
Nobody in the world loves locking people behind bars as much as Americans do. We have more people in prison than any other nation on the planet. We also have a higher percentage of our population locked up than anyone else does by a very large margin. But has all of this imprisonment actually made us safer? Well, the last time I checked, crime was still wildly [...]
http://usawatchdog.com/economy-will-c… - Gerald Celente, Publisher of The Trends Journal says, “We are looking at destabilization in the Middle East with no end in sight. It’s only going to get worse unless this killing and excuse for the murders from both sides stops.”
On the crisis in Israel with Hamas and the Palestinians, Celente says, “If this continues to increase at the rate it is going, it will be hell for everyone. There [...]
Late Friday, when the strategy folks at Goldman Sachs downgraded global stocks to “neutral” for the next three months, they gave a reason that would have been peculiar in normal times: “a sell-off in bonds could lead to a temporary sell-off in equities.”
OK, let’s forgive Goldman for flip-flopping. At the peak of the bubble, trigger fingers are nervous, and flip-flopping is the norm. Last week, [...]
By Michael Snyder
The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year. According to the United Nations, 85 super wealthy people have more money than the poorest 3.5 billion people on the planet combined. And 1.2 billion of those poor people live on less than $1.25 a day. There is something [...]
Get ready for 48 hours of economic fury
WASHINGTON (MarketWatch) — Get ready for 48 hours — and a little more — of the most intense outpouring of information on the U.S. economy you’re likely to ever see.
The schedule between Wednesday and Friday includes second-quarter GDP, a Federal Reserve decision, July payrolls, the July Institute for Supply Management manufacturing report and July car sales.
Get Ready For [...]
Mac SlavoJuly 27th, 2014SHTFplan.com
In January the U.S.-based Centers for Disease Control and Prevention warned thatthe next plane could bring a pandemic.
At the time, they were referring to highly contagious strains of deadly flu virus, but in reality any killer virus could travel around the globe in less than a day.
In March we warned that the deadly Ebola virus, which kills upwards of 85% of its [...]
21st Century Fox says it made offer to combine with Time Warner
Sunday on CBS’s “Face the Nation,” former Clinton administration Secretary of State Madeleine Albright said, “To put it mildly, the world is a mess.
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FINANCE AND LIBERTY:
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CLICK ON CHART TO ENLARGE
The top line represents the Russell 2000/SPY ratio. A 6-year support broke at (1), soon after that the S&P 500 broke below a multi-year support line at (2), which was followed by softness.
Now the Russell 2000/SPY ratio is breaking a 13-year support line of late.
Should investors “approach the markets with caution?” Will it be any different this time?
Here I thought it was only California who had guts enough to protest the federal government dumping illegal immigrants in their towns, but it sounds like some Americans in Massachusetts woke up and got to protestin’!
Read more: http://therightscoop.com/wow-huge-protest-against-illegal-immigration-in-massachusetts/#ixzz38cm7JgoT
BY JOHN WARD
Writing in the latest edition of The Spectator (a right wing weekly magazine published in Britain) the regular Daily Telegraph columnist Liam Halligan had this to say:
‘While the Fed has begun ‘tapering’, slowing down the rate of its de facto money–printing, the scale of QE remains vast, some $45 billion a month. That’s driven the absurd ‘bad news is good news’ mantra that still [...]
by Dave Hodges
Who would have ever thought that there would be people paid by both corporations and various governments to refute messages from the Patriot movement?
Also impacted are public opinion polls, product roll-outs and countering social media messages that are in opposition to elite political and business interests.
by Rory, TheDailyCoin.org:
I sat down with SGT Report regular Andy Hoffman, the Media Director at Miles Franklin Precious Metals to follow up his latest podcast, The Best Laid Plans. As many of you know Andy writes a daily newsletter for Miles Franklin and covers the markets from top to bottom.
Not only does his analysis dig down into the heart of the matter, he’s not afraid to speak the truth [...]
New York’s Division of Homeland Security is posting signs on businesses to encourage people to snitch on fellow citizens who buy such things as MRE’s (Meals Ready to Eat), ammunition, flash lights, match containers, gas masks and other items deemed to be ‘prepper’ in nature. http://www.truthandaction.org/ny-dhs-…
Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.
The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell [...]
AUGUSTA, Maine (NEWS CENTER) — The LePage administration is taking another step toward pushing welfare recipients to find jobs. The Department of Health and Human Services announced on Wednesday that, starting October first, “able bodied” adults with no dependents who get SNAP benefits — often called food stamps — will have to work 20 hours per week or do volunteer work. There are an estimated 12,000 recipients in Maine who [...]
The Government has been accused of misleading the public over the introduction of a new in vitro fertilisation (IVF) technique that some experts believe will result in the birth of “genetically modified babies”. Leading scientists, including Lord Winston, an early pioneer of fertility treatment, have criticised the Department of Health for trying to play down a process that will for the first time allow the alteration of the DNA of [...]
Matt Clinch, CNBC, Released on 7/27/14
Banks may have repaired their balance sheets following the global financial crash of 2008 but we’re still waiting for any notable shift in their culture, according to a market commentator.
Alex Brummer, a journalist who concentrates on the U.K.’s financial hub for the Daily Mail, told CNBC Monday that “reckless banking” persists in the industry nearly six years after one of [...]
Rachel Mills, Birch Gold Group, Released on 7/27/14
“It’s really a leftover from a different era. The dollar became the reserve currency because we dominated the world financially and economically. We don’t do that anymore. We’re not the world’s biggest creditor, we’re the world’s biggest debtor. We have huge trade deficits, not trade surpluses. We’re bankrupt as a nation; the currency of a bankrupt nation should not be [...]
Perhaps this is why Deutsche Bank could not find a single buyer for its seat on the London Fix: the bank, along with HSBC have been officially accused on manipulating the silver fix in a new suit filed in federal court in Manhattan over the weekend.