The Gold Price Lost $31.30 or 2.4 Percent to Close at
$1,254.60 Franklin Sanders
Well, is today's move significant or just a manipulation?
Could turn out two ways. First way is that it was a
sure-enough move and people are fleeing silver & gold. From
here they drop more. Say the GOLD PRICE drops to $1,225 &
silver to $15.50. Second way, and the way I'm inclined to, is
that silver & gold underwent a selling climax today,
exacerbated by a little NGM "push," and that today posted the
lows for the little correction. After all, I was looking for a
gold correction down as far as $1,255.60, the last low and
roughly the 200 DMA. Low today hit $1,252.10. When you set a
target, you don't go home in tears because it's hit, you buy
Still In Control? Greece Says No Bill Holter
Can the dollar and gold continue to rise in tandem for long?
The last three months have seen a very peculiar dollar/gold
anomaly. Since mid November, gold (and silver) have “acted”
very differently. We have seen “outside days” and even an
outside week. Gold has moved nearly $160 of its lows for a
rise of nearly 15%. This has happened while the dollar has
rallied furiously versus foreign currencies (with the
exception of the franc). From a “textbook” sense, this should
never happen. Actually, I am sure there are professors out
there who would have argued “it cannot happen” …but it has....
PC Roberts – EU & Banksters Threaten: “Defy Us & We
Will Destroy You” KWN
The Greeks of history have become a people of legend.
Not even the Romans were able to conquer Persia, but little
more than a handful of Greeks stopped the attempted Persian
conquest of Greece. But the Greeks, despite their glorious
history, could not stop their conquest by the EU and a handful
of German and Dutch banks. If the Greece of history still
existed, the EU and the private banks would be cowering in
fear, because the EU and the private banks have ruthlessly
exploited the Greek people and represent the same threat to
Greek sovereignty as Persia did....
Finding the Real Price
of Money Dr. Jeffrey Lewis
The four major monetary zones have collectively printed over
$40 trillion currency units (call them dollars if you want)
over the last 6-7 years. Most agree that about 180,000 tons of
gold exist above ground. At today's price of around $1250 per
ounce that would be about $7,200,000,000,000.
The gold price would need to rise at least five and half times
to back all of the $40 trillion in world fiat, or at least
$7000 per ounce of gold. At a 10:1 ratio, that would put
silver at $700 per ounce....
Are You Sure You Want to Delete This? Dennis Miller
As I sat in my office with tears streaming down my cheeks, my
wife walked in and asked, “What’s wrong?” After a short
sniffle, I blurted out, “I just deleted Dad!” The absurdity of
my remark hit us both, and we burst out laughing. Dad had been
dead for over two years. Closing out even the most modest
estate is a time-consuming process, though. After settling his
accounts and finalizing the legal paperwork, the
administrative project finally was finished… or so I
The Gold Price Lost $5.80 Closing at $1,285.90 Franklin
...gold is in a power-move up to $1,350, and corrections in
the middle of a power move usually are shallow. Heaven knows,
I can be wrong, since I am no more than a nat'ral born durned
fool from Tennessee. The SILVER PRICE closed unchanged.
Flatlined most of the day in a range from $18.17 to $17.94.
Little movement, little enthusiasm. Yesterday it fell as low
as $17.41, which was near the neckline and near the 20 dma
($17.09). Might fall clean to that 20 DMA. Don't want to see
it fall below the neckline. Really I'm worrying about
unprofitable nickels and dimes. Not enough distance here to
wait for. Silver bought at $18.00 and gold bought at $1,285
will look dirt cheap a year from now....
Acceleration of Events with Rising Chaos Jim Willie
Gandhi was a sage. He has a famous quote best presented in
summary form. "Seven Deadly Sins: Wealth without work,
Pleasure without conscience, Science without humanity,
Knowledge without character, Politics without principle,
Commerce without morality, Worship without sacrifice."
Without any hesitation, equivocation, or doubt, all these
important sins are growing trends and priorities in modern
Is The Gold Really There? Part II Bill Holter
From a demand perspective, we already know China is buying the
entire global mine supply of gold on their own. We also know
India is very big buyer purchasing almost 40% of global
supply. Adding just these two together we come up with 140% of
new gold being spoken for. I believe there is now a new
“bidder” coming to the table, Europe! The euro is crashing
versus most all foreign currencies. Whether it be because of
the fear of their breaking up (Greece exit etc.) or whether it
be their poor financial condition or the new announcement of
huge QE debasement, it does not matter. What does matter is
the action of the euro....
Entities Wiped Out Overnight As Western Central Banks Near
Total Surrender KWN
I wrote an article in 2012 asking, ‘Do the Western central
banks have any gold left?’ The reason I asked that question is
because I could see all of this demand and I kept wondering:
How long can these guys keep this up with their supplies of
gold dwindling? Then in 2013 they drained 850 tonnes of gold
out of the various gold trusts and ETFs. With a 4,000 ton a
year market, this was a significant increase in supply.
Perhaps that took care of the shortfall in 2013 but in 2014
they hemorrhaged even more gold out of Western central bank
vaults. Well, here we are in 2015 and we are hearing more and
more about gold repatriations. So when does the day of
Fed Impacted By Currency Concerns Chris Ciovacco
Sometimes the news stories on Wall Street fit neatly together
like a jigsaw puzzle. Japan has been trying to devalue their
currency for some time. Quantitative easing was announced last
week in Europe to combat slow growth and low inflation. All of
the attempts to devalue have created demand for the U.S.
dollar. On January 8, The Wall Street Journal noted the
challenges a strong dollar brings to the Fed’s Open Market
Committee, which is releasing their latest statement
Is the Gold Really There? Part I Bill Holter
“Is the gold really there”? This is truly the question of all
questions and at the core of everything that’s about to come!
Before getting into the topic itself, it is worth breaking the
simple question itself down and into parts. What gold? Who’s
gold? And Where? The answers are, your gold, your country’s
gold, the gold claimed to be stored and backing various
“receipts” like COMEX and GLD. Is the claimed gold really
sitting in New York, London, Zurich, Dubai, Shanghai and all
the rest? This is a hugely broad topic and I apologize if I
miss something but the question itself is now more important
than ever before, I’ll explain this in Part two....
How to Find the Best Offshore Banks Nick Giambruno
It’s hard to think of a topic where following the conventional
wisdom can be more dangerous. And that topic is banking. It’s
generally accepted as an absolute truth by the public and most
financial experts that putting your money in a domestic bank
is a safe and responsible thing to do. After all, if anything
were to go wrong, your deposits are insured by the government.
As a result, most people put more thought into which shoes
they should purchase than which bank should be entrusted with
their life savings....
What's Bigger Than a $1.4 Billion Mortgage Ratings Scandal?
The great "inflated" expectations for gold, oil, commodities
-- and now stocks.
Standard & Poor's just reached a $1.4 billion settlement for
"inflating credit ratings on toxic assets" leading up to the
2008 subprime mortgage crisis. But there's a much bigger issue
World Markets Never More Prone To Total Collapse Than They Are
On a day when stocks are plunging, we see see gold and silver
acting as safe havens. Also, the mining sector continues to
offer the best upside at the current time. All the gold and
silver stocks in the world don’t even have a collective market
capitalization of $500 billion. Well, the ECB is creating more
than twice that amount out of thin air over the next year.
When people finally understand that the entire global
financial system as it stands today is just one giant Ponzi
scheme, all hell is going to break loose. Then you will see
oceans of money panicking into physical gold and silver....
Russia In The Cross Hairs Paul Craig Roberts
Alternative Media Future and Risk SARTRE
Gold: Its Time Has Come Gary Christenson
Market Scenarios: Winners And Losers Chris Ciovacco
Comex Gold Price Closed $13.30 Lower at $1,279.40 Franklin
Gold And Silver – Around The FX World In Charts Edge
Is The Gold Price About To Repeat One Of Its Greatest Upside
Moves In History KWN
Davos Elites Enjoys the Global Depression SARTRE
OPEC Puppets and Canada Give Away Their Oil Jeff Nielson
Gold And Silver – Timing Is Most Important Element Edge
Why Store Bullion in Canada Nick Barisheff
Dollar Denial Ain't Just
a River Dr. Jeffrey Lewis
The "Neutral" Swiss Just Changed Sides! Bill Holter
Precious Metals Pause & Pop! Morris Hubbartt