Force Majeure | InvestmentWatch

Comex will default soon… Watch for a Sell off of the USA Dollar in the next few days … after CRASHED GOLD. Great Video !

This guy has a great analysis.

Great Documentary

Silver Update 4/16/13 Force Majeure

Investors… this is a GREAT VIDEO…. this guy is good.

Watch for Force Majeure ( An event that is a result of the elements of nature, as opposed to one caused by human behavior.) in the Comex to default soon. 7: minutes in.

The door is going to be SHUT on being able to PUCHASE gold / silver soon….

Is the CME/COMEX Delivery Default on December Gold Contracts Pointing to a Widespread Default ?

The CME announced today a case of “force majeure” regarding one of its physical gold storage facilities, Mantra, Tordella & Brookes (MTB), managed for the COMEX, located in the southern part of New York City, in an area that was inundated during the storm known as Sandy.

MTB’s warehouses were holding 29,276 ounces of gold for the COMEX as of November 23, 2012.

A case of force majeure is a clause in [...]

Gold Ponzi Scheme Starting to Collapse?

by WashingtonsBlog

Giant Gold Bullion Dealer Says that Hurricane Sandy Is Preventing Delivery of PhysicalGold Today

We’ve extensively documented that central banks and large gold dealers – in a giant ponzi scheme – have overstated their gold holdings.

We’ve noted that traders who have already paid the full price for delivery of specific bars of gold arehaving trouble receiving them.

In light of the foregoing, CME’s declaration that a natural disaster (called “force majeure” by lawyers) prevents it [...]

CME Gold Depository Declares Force Majeure!

Hurricane Sandy blew away 29,276 troy ounces of gold and 33,000 troy ounces of palladium!!!

“CME Group Inc. (CME) on Monday said that Manfra, Tordella and Brookes Inc., one of the exchange’s gold depositories, will not be able to delivery metal as the lower Manhattan company deals with “operational limitations” almost a month after the arrival of Hurricane Sandy.

MTB, one of five depositories licensed to deliver gold against CME’s benchmark 100-troy [...]

How Greece Leaves The Euro In 8 Incredible Simple Steps

by Joe

One of our favorite regular reads is the The Long Run, the Short Run and the In-Between-note from Jefferies’ Sean Darby, which (we think) comes out once a week.

Darby’s latest has a very nice, idiot’s version of how Greece would leave the Euro and re-Drachmatize the economy.

It’s as simple as this…

1. The authorities declare ‘force majeure’ and default on their external debt.
2. Immediately, all existing bank deposits are ‘frozen’. A bank holiday is [...]

The Netherlands Passes Net Neutrality Legislation

Parker Higgins
EFF.org
May 21, 2012

New legislation in the Netherlands makes it the first country in Europe to establish a legal framework supporting net neutrality. In addition to the net neutrality provisions, the law contains language that restricts when ISPs can wiretap their users, and limits the circumstances under which ISPs can cut off a subscriber’s Internet access altogether.

The anti-wiretapping section of the new law specifies that ISPs may not use technologies like deep [...]

Indonesian copper mine workers were being paid at $3 an hour (vs. $47 an hour, workers for the same large US Corporation Freeport-McMoran) demanding better pay

When Indonesian copper mine workers discovered they were being paid fraction of pay at $3 an hour, subsistence levels, for highly profitable copper mining at the world’s second largest mine, compared to $47 an hour, workers for the same large US Corporation Freeport-McMoran, in other parts of the world, riots started. Several striking workers have been killed; also police have been attacked, with some casualties, [...]

Oil could hit $220 a barrel on Libya and Algeria fears, warns Nomura

Libya’s descent into civil war has led to drastic cuts in oil shipments and prompted warnings that an escalation of the crisis could see Brent crude prices double to $220 a barrel.

By Ambrose Evans-Pritchard8:50PM GMT 23 Feb 2011

Nomura’s commodity team said oil prices risk vaulting to uncharted highs over coming weeks if chaos hits Algeria as well, reducing global spare capacity to the wafer-thin margins seen [...]

Half Of Libyan Oil Production, Or 800,000 Barrels, Now Offline

by ZH

Our advice to Italy, which imports 425,000 barrels of oil each day from Tripoli: “Panic.” Following yesterday’s Force Majeure announcement from Libya which meant that oil production and exports will continue only for a few more days, the FT now reports that over half of Libya’s production, or about 800,000 barrels is now offline. As Libya accounts for ~2% of global oil exports, this [...]

$4 Gasoline? Yes in California

As oil prices race toward $100 a barrel, the expectations that gasoline prices will make a leap are running high.

Some traders say $4 a gallon will be a reality in the not-too-distant future, and prices could shoot even higher. But that might be the exception rather than the average in the United States this year unless the Middle East unrest spreads to Saudi Arabia or another [...]

Mexico loses 80-100% of crops to freeze, US prices to skyrocket

With Egypt dominating the news, were you aware that a severe price spike in produce for the United States is very likely?
The headline above from this article appeared as the headline in the Digital Journal on Friday
In a February 6th article on record global prices for food I had presented the Food Price Index that was prepared by the FAO of the United Nations (see chart here). The point of [...]

Turk: Silver Backwardation for Years, Possible Hyperinflation

King World News has received word from James Turk that silver is in extreme backwardation.Â Turk stated, â€œThere is a huge story that is brewing.Â Silver is in backwardation to 2015, which is 13-cents cheaper than spot.Â This is unbelievable.Â Money does not go into backwardation except â€˜in extremisâ€™!â€

Turk continues:

â€œIf this situation continues, and there is no reason to suspect that it is about to end [...]

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