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Why Gold And Apple Are Tanking At Exactly The Same Time

Apple is down 2%. The big gold ETF, GLD, is down 1.4%.

These moves are happening on a day when the market is basically flat. It’s not an accident that they’re diving together.

The reason is: During the immediate post-crisis era, gold and Apple were huge outperformers, that were uncorrelated to the day-to-day “risk on, risk off” regime that was dominating financial markets.

Remember, investors are desperate to find uncorrelated assets that don’t just [...]

RFID Smart Paper Makes Traceable Money Possible

A simple act of cash changing hands could become a lot less private. U.S. researchers have developed a new way of embedding traceable chips within “smart” paper—raising the possibility of banks and governments guarding against counterfeiting and even tracking the usage of paper money.

The new method of embedding radio frequency identification chips (RFID) in paper came from North Dakota State University in Fargo. Researchers used a patent-pending technology—called Laser Enabled Advanced [...]

Hedge fund sells equities, buys $200 million in physical gold

Investec’s Alastair Mundy has moved a significant portion of his £2.5bn Cautious Managed fund into gold bullion for the first time following savage price falls for the precious metal.

 

Mundy (pictured), who has been reducing his exposure to equities after a variety of indices hit record highs, said he has put 5% of his portfolio into physical gold in the last few weeks, after the precious metal fell in price by more [...]

Paper Money Has A Long History But Short Existence

In one of the most popular articles that appeared on this site, we explained how 600 different forms of paper based money have all disappeared. Recorded history shows not one case where a form of paper based money has continued its existence. At best, some have survived a bit longer than the others.

When talking about paper based money, we refer to forms of money that are not backed by any tangible [...]

Economic Armageddon Is Imminent: George Soros Knows Something Dreadful Is Coming And Goldman Sachs Opened The Gates to Hell

Economic Armageddon Is Imminent

George Soros knows something dreadful is coming. The Rockefellers know something big and bad is about to happen. That something big is the imminent collapse of all fiat paper money currencies around the world. In their secret Bilderberg meetings, the globalists have positively planned the exact date of our financial demise. You can even bet the next “black whatever day” will coincide with an ironic date which [...]

Why Are The Banksters Telling Us To Sell Our Gold When They Are Hoarding Gold Like Crazy?

by Michael

The big banks are breathlessly proclaiming that now is the time to sell your gold.  They are warning that we have now entered a “bear market” for gold and that the price of gold will continue to decline for the rest of the year.  So should we believe them?  Well, their warnings might be more credible if the central banks of the world were not hoarding gold like crazy.  During [...]

Is Your Bullion Safe in a Bank?

by Phoenix Capital Research

 

Inflation has arrived.

 

While the mainstream financial media and government data continue to ignore it, inflation has begun to erupt around the globe. The signs are already clear:

 

Civil unrest due to higher costs of living (the Arab Spring, China, Africa, etc.)
Demands for higher wages (US, Germany, South Africa, Middle East, etc.)

 

There are three primary reasons for these inflationary trends:

 

We live in a global financial system of fiat or [...]

CANADA Sees An Potential Systemic Crisis In 2013; JIM GRANT: Cyprus Fired A Warning Shot Across The Globe; MARC FABER: Not Even Gold Will Be Able To Save You From What Is Coming

CANADA INCLUDES BAIL-IN PROVISION FOR SYSTEMICALLY IMPORTANT BANKS IN 2013 BUDGET!

*BREAKING SD ALERT

Just as DieselBOOM accidentally admitted Monday, it appears that the Cypriot bail-in is anything but a one-off event, and is in fact the new collapse template for the entire Western banking system, and not just the ECB/ Eurozone!

SD has been alerted to an alarming provision that has been buried deep inside the official 2013 Canadian Budget.

Titled ECONOMIC ACTION [...]

Stunning Facts About How the Banking System Really Works … And How It Is Destroying America

by WashingtonsBlog

 

Reclaiming the Founding Fathers’ Vision of Prosperity

To understand the core problem in America today, we have to look back to the very founding of our country.

The Founding Fathers fought for liberty and justice. But they also fought for a sound economy and freedom from the tyranny of big banks:

“[It was] the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of [...]

America: A Mirror Image of Japan 15 Years Later?

By Michael Lombardi, MBA for Profit Confidential
We need to learn from this example…

Similar to the U.S. economy, only years earlier, theJapanese economy also burst following a boom in real estate prices. To help revive its economy, the Bank of Japan brought interest rates to near zero in 1999 and has done several rounds of quantitative easing since. The central bank of Japan has increased its balance sheet to 166 trillion yen. (Source: Wall Street Journal, [...]

The International Monetary System & The Future Of Money

A MIND BLOWING lecture by Shiekh (not Sheikh) Imran Hosein on the how & why of the inevitable collapse of the dollar and the paper money system.

If you – like me, are not into (organized) religion, you should skip the first 10 minutes and start the video at 10:30.

I PROMISE YOU, IT WILL PLEASANTLY ENLIGHTEN & BRIGHTEN YOU!

(And of course, when you’re not completely satisfied – but you will be, a refund [...]

Sound Money Campaign: “Economists Love To Hate Gold

Sound Money Campaign: “Economists Love To Hate Gold

 

The Sound Money Campaign website (an excellent initiative by the way) just released an interview with Jay Taylor. It is a “must listen” interview as several interesting insights are revealed. Triggered by the seeming propaganda against  the metals in the past two weeks, Jay Taylor shares his take on the metals, our money and gold miners.

I think there’s no question there is a [...]

Investors Are Ringing The Alarm Bells: Stocks Have ‘Peaked Out’, Fed Members Admit Endless Bond Buying Will Not Fix Economy, Primary Dealers Are Facing An All Too Real Cash Shortage, And The American Consumer Is Out

Marc Faber Warns: Stocks Have ‘Peaked Out’

The stock market has “peaked out” and bonds may be on their way to a rebound, Marc Faber, publisher of the Gloom, Boom & Doom Report, said Thursday on CNBC.

“I think we have made an intermediate top, and it could be a longer-term top,” he said on “Fast Money.”

 

Fed Members Admit Endless Bond Buying Will Not Fix Economy

Word of dissension at the Fed sent the stock [...]

Stocks Plunge as Fed Members Admit Endless Bond Buying Will Not Fix Economy

Kurt Nimmo
Infowars.com
February 21, 2013

During the January meeting of the Federal Reserve, some members of the central bank admitted the obvious – a tidal wave of nearly worthless paper money will not turn the economy around and the Fed’s bond-buying program will create dangerous inflation and “foster market behavior that could undermine financial stability.”

Fed minutes reveal “a number of participants” in disagreement with the bond-buying scheme. An ongoing review of the practice “might [...]

STOCKS HIT 5 YEAR HIGHS: Homebuilder Confidence Falls, Currency War 3 Has Just Begun, Walmart Shoppers Are Broke, Gas Prices Skyrocketing, And Major Retail Chains All Over America Collapsing!! Investors Are Tired Of Being Afraid?

Dow, S&P End at New 5-Year Highs, Nasdaq Closes at 12-Year High; GOOG Tops $800

Stocks finished modestly higher across the board Tuesday, with the Dow and S&P 500 logging fresh five-year highs, lifted by optimism for more M&A deals and after positive economic data from Europe.

Homebuilder Confidence Falls

This is the first decline in eleven months, as the National Association of Home Builders’ monthly confidence index now stands four points shy [...]

Venezuelans just lost 46% of their purchasing power in a single day

Venezuelans have just been experimenting one of the risks associated with paper money.

Actually, they just lost 46% of their purchasing power in a single day, following the Venezuelan government’s decision to devaluate the bolivar by 46%, from 4,30 to 6,30 bolivars (to the dollar).

 

 

The currency war to the bottom is raging on the international scene but, contrary to other countries (Europe, USA, Japan) using obscure language, like ‘quantitative easing’ and [...]

Ron Paul: “6,000 Years of History, Gold Is Always Money, Paper Money Fails”

by GoldCore

Today’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce.
Friday’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.

Silver is trading at $31.24/oz, €23.40/oz and £19.99/oz. Platinum is trading at $1,720.75/oz, palladium at $748.00/oz and rhodium at $1,220/oz.

Cross Currency and Precious Metal Table – (Bloomberg)

Gold fell $3.20 or 0.19% on Friday closing at $1,668.60/oz. Silver edged down to $31.31 in early New York [...]

James Rickards: Currency War Has Started. I Expect The International Monetary System To Destabilize And Collapse. There Will Be So Much Money-Printing By So Many Central Banks That People’s Confidence In Paper Money Will Wane, And Inflation Will Rise Sharply.

With Japan, China and the U.S. all pursuing weak-currency policies, other major economies are retaliating. The WSJ’s Deborah Kan speaks to James Rickards of Tangent Capital Partners about whether the drive to devalue will set off a trade crisis.

http://live.wsj.com/video/why-no-one-will-win-the-currency-war/92B92B2A-7885-4817-B45A-317A96A157EA.html#!92B92B2A-7885-4817-B45A-317A96A157EA

As developed countries like Japan and the U.S. try to kick-start their sluggish economies with ultralow interest rates and binges of money-printing, they are putting downward pressure on their currencies. The loose [...]

Up is Down, Ignorance is Strength, and Paper Money Rocks, in Idiot America.

from SGT:

The down days in Au and Ag seem to follow the up days just as surely as the sun sets in the evening.

All of it, just noise. The long term picture is clear: The U.S. government is bankrupt and we are living on borrowed time. The worldwide fiat central banking system is a criminal enterprise and anyone with two brain cells to rub together knows it.

So keep stackin’ physical [...]

Alasdair Macleod- Paper Money Collapse in 2013

from AltInvestorshangout:

Doug Casey & Gerald Celente: We Are Living In The Middle Of The Biggest Bubble In History, The 2013 Financial Collapse Will Be One For The Ages.

Celente – The 2013 Financial Collapse Will Be One For The Ages

from KingWorldNews:

Today top trends forecaster Gerald Celente told King World News the Western world is heading into a massive financial collapse in 2013. Celente also provided KWN exclusively with a small portion of a frightening new piece from the former Assistant Treasury Secretary under Ronald Reagan, which is contained in the interview below.

Celente went on to discuss what is happening [...]

Germans Suddenly Moving All Gold Back to Germany From Foreign Banks

THIS IS SERIOUS, SERIOUS SHIT COMING DOWN

In what could be a watershed moment for the price, provenance, and future of physical gold, not to mention the “stability” of the entire monetary regime based on rock solid, undisputed “faith and credit” in paper money, German Handelsblatt reports in an exclusive that the long suffering German gold, all official 3,396 tons of it, is about to be moved. Specifically, it is about to be partially moved [...]

SILVER Demand set for Dramatic climb to Historic High in 2013

Silver Investment has so far been one of the most popular market moves of 2013. Silver seems set to achieve a new all-time price record in 2013 on a relentless and historic climb reaching as high as $55 to $64 an ounce. The out-of-proportion Gold to Silver ratio which should move back down is one of the best reasons why Silver will rise faster than Gold. Higher investment demand as paper money [...]

Storing Nickels

lewrockwell.com / By David Hathaway / December 29, 2012

Are you doing due diligence with nickels? As many LRC readers know, nickels are the only real “money” being distributed by the U.S. Government at this point in time. The value of the metal in a nickel equals the fiat value assigned to it by the state. This cannot be said about the currently produced pennies, dimes, quarters, or half dollars and [...]

Stocks – Your Opinion

I’ve been discussing stocks recently (mainly with myself :) and would like your opinion.

I believe, that in the comming economic apocalypse, most/all paper value will return to its intrinzic value (zero). We can all agree, that paper money and bonds will be worthless. What about stocks?

I believe that most stocks will crash, for three reasons: There is no actual wealth or wealth prodcution attached to the stock; the stocks are [...]

Iran Accepts Payment in Gold to Get Around Sanctions

EPJ
November 25, 2012

Yet another reason the US government hates gold, unlike dealing with paper money in bank accounts, there is no way they can stop international trade in gold and it is difficult to track gold movements.

WSJ reports:

Turkey on Friday acknowledged that a surge in its gold exports this year is related to payments for imports of Iranian natural gas, shedding light on Ankara’s role in breaching U.S.-led sanctions against Tehran.

The continuing trade [...]

Economic Tumult Or Total Currency Collapse: Detlev Schlichter: Whether The Fed Continue To Print Money Or Not, Holding Physical Gold Is The Safest Course Of Action.

breaking

from Money News:

Economist and author Detlev Schlichter says governments now have two stark choices: stop printing money and spark economic tumult, or keep printing money and risk total currency collapse.

Both choices are grim, and holding physical gold is the safest course of action, he wrote on his website. Schlichter is the author of the book “Paper Money Collapse – The Folly of Elastic Money and the Coming Monetary Breakdown” and [...]

Why and How to Buy Bullion… Plus Where to Store It

by Phoenix Capital Research

 

In terms of storing your wealth or preparing for what’s to come, I think everyone should have SOME gold and silver bullion on hand.

 

How much you purchase is up to you. But you should have several months’ worth of expenses in gold and silver bullion. Why Gold and Silver? Because if the banks are closed or if paper money is worthless, you don’t want to be walking [...]

The 1913 Federal Reserve Act and the Presedents who warned against it!

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. -Thomas Jefferson

History records that the money changers have used every form of [...]

Keith Weiner: ‘I Don’t Think The System Can Survive, We’re On The Road Now Where The System Collapses, Everybody Will Be Killed’

The Ultimate Bubble Is Paper Money

THE MATTERHORN INTERVIEW – October 2012: Keith Weiner

The Ultimate Bubble is Paper Money

Keith Weiner, the head of The Gold Standard Institute USA, explains in this exclusive interview for Matterhorn Asset Management, among other things: why he sees a permanent backwardation in gold coming; the role of gold as the cornerstone of investor’s portfolios; and the specific kind of gold standard he envisions for the future.

By [...]