new From GoldSilver.com http://goldsilver.com/ Sat, 25 May 2013 06:29:05 PST FeedCreator 1.7.2 http://goldsilver.com/article/bitcoin-vs-gold-and-silver-mike-maloney-and-chris-martenson/ Dr. Chris Martenson & Mike Maloney take time to discuss Bitcoin, precious metals & the future monetary system Fri, 24 May 2013 15:19:00 PST http://goldsilver.com/article/bitcoin-vs-gold-and-silver-mike-maloney-and-chris-martenson/ http://jessescrossroadscafe.blogspot.com/2013/05/citis-tom-fitzpatrick-gold-and-us-debt.html "As can be seen from the chart, Gold has never stayed below that “stairway to hell” for very long. Given that the debt limit number is going to continue higher, a re-emergence of Gold strength looks inevitable. Fri, 24 May 2013 14:38:00 PST http://jessescrossroadscafe.blogspot.com/2013/05/citis-tom-fitzpatrick-gold-and-us-debt.html http://www.caseyresearch.com/cdd/reading-tea-leaves-and-the-fed-minutes Is the Fed planning to stick it to savers some more? Fri, 24 May 2013 14:29:00 PST http://www.caseyresearch.com/cdd/reading-tea-leaves-and-the-fed-minutes http://www.silverseek.com/commentary/busting-perfect-crime-11916 A subscriber recently commented that the Oligarchs who rule Russia only wish they got to run things as efficiently as how JPMorgan and the big banks control our financial markets, particularly in the trading of precious metals. Based upon the last few days, it’s hard to argue with that. Fri, 24 May 2013 14:19:00 PST http://www.silverseek.com/commentary/busting-perfect-crime-11916 http://www.youtube.com/watch?feature=player_embedded&v=i6ufRF2u_CA The US is obsessed with stopping "money laundering". It's also the biggest money launderer in existence. Fri, 24 May 2013 13:20:00 PST http://www.youtube.com/watch?feature=player_embedded&v=i6ufRF2u_CA http://news.goldseek.com/GoldSeek/1369421000.php “The more gold a country has, the more sovereignty it will have if there’s a cataclysm with the dollar, the euro, the pound or any other reserve currency.” — Evgeny Fedorov, Russian lawmaker, United Russia Party Fri, 24 May 2013 13:19:00 PST http://news.goldseek.com/GoldSeek/1369421000.php http://www.zerohedge.com/print/474377 In what may be the most important story of the day, or maybe year, for a world in which there already is an $11 trillion shortfall [13]in high-quality collateral (and declining every day courtesy of Ben's monetization of Treasury paper) so needed to support the deposit-free liability structures of the shadow banking system (as most recently explained here Fri, 24 May 2013 13:12:00 PST http://www.zerohedge.com/print/474377 http://www.zerohedge.com/print/474390 Despite ultra-low interest rates, practically unlimited liquidity, and a capital market seemingly willing to lend to anyone for anything on any terms, the very heart of Europe's economy - German CapEx on machinery - is falling at a rate faster than during the Tech bust... Fri, 24 May 2013 13:02:00 PST http://www.zerohedge.com/print/474390 http://www.reuters.com/article/2013/05/24/us-japan-abe-specialreport-idUSBRE94N04020130524 The US is playing with fire by backing Shinzo Abe. Abe's economic revival policies are a cover for Japanese right wing pro-nationalistic policies. Fri, 24 May 2013 12:52:00 PST http://www.reuters.com/article/2013/05/24/us-japan-abe-specialreport-idUSBRE94N04020130524 http://live.wsj.com/video/selloffs-raise-questions-about-abenomics/27E7BB9B-7971-4EC1-A682-687BC590F763.html#!27E7BB9B-7971-4EC1-A682-687BC590F763 Tokyo stocks posted a gain Friday after highly volatile trading following the prior session's dramatic selloff. The WSJ's Michael Arnold and Jake Lee discuss whether the Japanese prime minister’s ‘Abenomics’ is working. Fri, 24 May 2013 12:50:00 PST http://live.wsj.com/video/selloffs-raise-questions-about-abenomics/27E7BB9B-7971-4EC1-A682-687BC590F763.html#!27E7BB9B-7971-4EC1-A682-687BC590F763 http://www.bloomberg.com/news/2013-05-21/china-starts-unit-to-diversify-reserves-from-u-s-debt-wsj-says.html China's getting worried. It should be. It's trying to move away from US debt into alternative asset classes. Fri, 24 May 2013 11:59:00 PST http://www.bloomberg.com/news/2013-05-21/china-starts-unit-to-diversify-reserves-from-u-s-debt-wsj-says.html http://www.thedailybell.com/30657/Billion-Trillion-Derivatives-Market--Reform-or-a-Blowup Dominant Social Theme: We have this billion trillion market under control. Don't worry. Fri, 24 May 2013 11:44:00 PST http://www.thedailybell.com/30657/Billion-Trillion-Derivatives-Market--Reform-or-a-Blowup http://dailyreckoning.com/cooking-the-gold-books/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailyreckoning+%28The+Daily+Reckoning%29&utm_content=Google+Reader That is, the “physical price” becomes much higher than the “paper price” on CNBC’s ticker. The catalyst, we suggested, would be when a major metals exchange defaults on a gold or silver contract — settling in cash, instead of metal. Fri, 24 May 2013 11:20:00 PST http://dailyreckoning.com/cooking-the-gold-books/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailyreckoning+%28The+Daily+Reckoning%29&utm_content=Google+Reader http://www.silverseek.com/commentary/slv-bullish-divergence-11911 This is an amazing bullish divergence with major implications for the entire precious-metals market. SLV’s recent divergence is truly remarkable. Fri, 24 May 2013 10:35:00 PST http://www.silverseek.com/commentary/slv-bullish-divergence-11911 http://goldsilver.com/new/gold-silver-ratio-redux/ The total volume of fiat currency being printed in the world every year is now more than enough to buy all the gold bullion in this world. Besides that, the level of U.S. debt & unfunded liabilities is increasing at the rate of $8 trillion every year. This alone is enough to buy all the gold bullion in the world about three times over. Fri, 24 May 2013 10:29:00 PST http://goldsilver.com/new/gold-silver-ratio-redux/ http://www.wealthdaily.com/articles/silver-price-rebound/4322 Over the past two months, silver prices seem to have stabilized, forming a pretty convincing base of support, as noted in the chart. Fri, 24 May 2013 10:01:00 PST http://www.wealthdaily.com/articles/silver-price-rebound/4322 http://www.financialsense.com/contributors/marc-faber/central-banks-should-manipulate-gold-higher?utm_source=dlvr.it&utm_medium=twitter actually, central bankers would have an interest to push the price up because they own most of the gold. Fri, 24 May 2013 09:53:00 PST http://www.financialsense.com/contributors/marc-faber/central-banks-should-manipulate-gold-higher?utm_source=dlvr.it&utm_medium=twitter http://www.bloomberg.com/news/2013-05-23/yuan-gold-trade-in-hong-kong-triples-as-currency-gains-cut-risk.html Average daily volume was 6.5 billion yuan ($1.1 billion) in the first five months of this year, compared with 1.8 billion yuan for the same period in 2012, according to the Chinese Gold & Silver Exchange Society, the city’s century-old bullion house. That exceeds the 4.9 billion yuan target set when the contracts were introduced in October 2011. Fri, 24 May 2013 09:48:00 PST http://www.bloomberg.com/news/2013-05-23/yuan-gold-trade-in-hong-kong-triples-as-currency-gains-cut-risk.html http://news.goldseek.com/GoldSeek/1369407377.php Central banks are continuing to diversify into gold due to significant systemic and monetary risk and many will use the recent price weakness as an opportunity to diversify into gold at cheaper prices. Fri, 24 May 2013 09:40:00 PST http://news.goldseek.com/GoldSeek/1369407377.php http://gainspainscapital.com/2013/05/24/the-feds-hands-are-tied-right-as-the-financial-system-begins-to-crack/ The Fed would do well to look at Japan. Japan’s Nikkei, after rallying over 70% since November, just collapsed 11% in less than two days. Looking at the chart, it’s pretty clear where this thing is heading: the same as the NASDAQ in 2000. Fri, 24 May 2013 09:30:00 PST http://gainspainscapital.com/2013/05/24/the-feds-hands-are-tied-right-as-the-financial-system-begins-to-crack/ http://news.goldseek.com/GoldSeek/1369320362.php if one was to simply treat the gold of all central banks as the world’s true, reserve currency – as history has held it as for over thousands, of years – then a logical calculation would place the value of gold at an astonishing $10,617 an ounce. Compared to gold’s price of $1,675 back then, this was a significant revaluation. Fri, 24 May 2013 09:25:00 PST http://news.goldseek.com/GoldSeek/1369320362.php http://blogs.telegraph.co.uk/finance/jeremywarner/100024675/as-the-market-panic-demonstrates-central-banks-are-stuck-on-a-treadmill-of-money-printing/ Oh what a tangled web central bankers weave when they practice to deceive… Last night's panic in Tokyo, where the Nikkei dropped a stomach churning 7 per cent, demonstrates just how difficult it's going to be for the world's central banks to exit their loose money policies. Fri, 24 May 2013 09:04:00 PST http://blogs.telegraph.co.uk/finance/jeremywarner/100024675/as-the-market-panic-demonstrates-central-banks-are-stuck-on-a-treadmill-of-money-printing/ https://wealthcycles.com/features/austrian-true-money-supply?utm_medium=email&utm_campaign=THE+WEEKLY+CYCLE+5222013&utm_content=THE+WEEKLY+CYCLE+5222013+Version+B+CID_f9419a46a2ea1cbb25281991561b0a5c&utm_source=Webmail%20Marketing&utm_term=read%20mor As the world looks on and wonders at the Federal Reserve’s and other central banks’ ongoing campaign to print and debase the world’s currencies, we feel much can be seen when looking at a clear picture of supply. Fri, 24 May 2013 09:01:00 PST https://wealthcycles.com/features/austrian-true-money-supply?utm_medium=email&utm_campaign=THE+WEEKLY+CYCLE+5222013&utm_content=THE+WEEKLY+CYCLE+5222013+Version+B+CID_f9419a46a2ea1cbb25281991561b0a5c&utm_source=Webmail%20Marketing&utm_term=read%20mor http://www.zerohedge.com/print/474354 As is well-known by everyone, the Fed monetizes the US deficit on a daily basis, thanks to the 45 minutes of POMO love each day when it buys Treasuries from Dealers. Of course, the Fed monetizes bonds from across the entire curve (mostly the longer end), which is why it is somewhat complicated to express the amount of risk transfer the Fed takes on every time the S&P posts an uptick as a result of yet another bond purchase by the hedge fund with the largest fixed income portfolio in the history of the world. Fri, 24 May 2013 08:46:00 PST http://www.zerohedge.com/print/474354 http://goldsilver.com/new/david-stockman-bernanke-can-t-see-the-bubble-goldman-calling-cattle-to-the-slaughter/ David Stockman does a great job of educating Fox News. Fri, 24 May 2013 08:37:00 PST http://goldsilver.com/new/david-stockman-bernanke-can-t-see-the-bubble-goldman-calling-cattle-to-the-slaughter/ http://www.sovereignman.com/trends/a-culture-of-fear-and-intimidation-11915/ The only viable strategy is to abandon the herd and focus on what we can all do as individuals to safeguard our wealth, preserve our liberties, and ensure the continued safety of our families. Fri, 24 May 2013 08:29:00 PST http://www.sovereignman.com/trends/a-culture-of-fear-and-intimidation-11915/ http://gainspainscapital.com/2013/05/23/could-japan-trigger-a-global-financial-meltdown/ Japan’s bond market is officially losing control. If this happens then the great global bond market rig of the last five years is coming to an end. We have definitely taken out the multi-year trendline here, making a new high higher after a higher low. Fri, 24 May 2013 08:26:00 PST http://gainspainscapital.com/2013/05/23/could-japan-trigger-a-global-financial-meltdown/ http://www.jsmineset.com/2013/05/23/the-beginning-move-of-the-gold-end-game/ Gold and Silver exchanges are going to be forced to become cash spot contract physical exchanges. Is this a market mistake, or a massive physical gold project of those who now own all the gold? Fri, 24 May 2013 08:16:00 PST http://www.jsmineset.com/2013/05/23/the-beginning-move-of-the-gold-end-game/ http://www.bloomberg.com/news/2013-05-23/gold-traders-most-bullish-in-a-month-after-bernanke-commodities.html “Gold should still be in demand as an alternative currency,” said Daniel Briesemann, a commodities analyst at Commerzbank AG in Frankfurt. “The quantitative easing by central banks should lead to a depreciation in rates for major currencies and in the end should also lead to some inflation concerns Fri, 24 May 2013 08:13:00 PST http://www.bloomberg.com/news/2013-05-23/gold-traders-most-bullish-in-a-month-after-bernanke-commodities.html http://theeconomiccollapseblog.com/archives/will-it-be-inflation-or-delfation-the-answer-may-surprise-you This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined with out of control government spending will eventually result in hyperinflation. Fri, 24 May 2013 08:06:00 PST http://theeconomiccollapseblog.com/archives/will-it-be-inflation-or-delfation-the-answer-may-surprise-you http://economictimes.indiatimes.com/markets/commodities/gold-down-by-rs-20-on-sustained-selling-weak-global-cues/articleshow/20224595.cms on the other hand, silver coins maintained steady trend at Rs 75,000 for buying Thu, 23 May 2013 23:09:00 PST http://economictimes.indiatimes.com/markets/commodities/gold-down-by-rs-20-on-sustained-selling-weak-global-cues/articleshow/20224595.cms http://mises.org/daily/6436/Drowning-in-a-Liquidity-Trap note that ppl don’t ultimately pay for goods & services with money, but rather with the goods & services that they have produced Thu, 23 May 2013 22:51:00 PST http://mises.org/daily/6436/Drowning-in-a-Liquidity-Trap http://www.mineweb.com/mineweb/content/en/mineweb-exploration?oid=190746&sn=Detail 9% of 235 mines in the Raw Materials Group database (RMD) had ave cash oper costs higher than spot price Thu, 23 May 2013 22:23:00 PST http://www.mineweb.com/mineweb/content/en/mineweb-exploration?oid=190746&sn=Detail http://goldsilver.com/new/kyle-bass-bank-of-japan-s-2013-qe-dry-powder-only-1-of-govt-bond-market/ BoJ in the market every day but 2, since April 4th, trying to hold rates down... Thu, 23 May 2013 18:02:00 PST http://goldsilver.com/new/kyle-bass-bank-of-japan-s-2013-qe-dry-powder-only-1-of-govt-bond-market/ http://goldsilver.com/new/rothbard-s-82-zurich-speech-6-stages-of-the-libertarian-movement/ Murray is a natural teacher; casual speech & frequent humor makes for a beautiful read Thu, 23 May 2013 14:03:00 PST http://goldsilver.com/new/rothbard-s-82-zurich-speech-6-stages-of-the-libertarian-movement/ http://www.zerohedge.com/news/2013-05-23/guest-post-generation-x-inconvenient-era with 10,000 Boomers a day retiring and a 1:1 worker to recipient ratio, they expect much, much more Thu, 23 May 2013 13:46:00 PST http://www.zerohedge.com/news/2013-05-23/guest-post-generation-x-inconvenient-era http://www.zerohedge.com/news/2013-05-23/japans-words-advice-doomsayers-please-do-not-worry-and-maintain-fiscal-discipline Q. If Japan has a financial collapse, what will happen to its government bonds? Thu, 23 May 2013 13:30:00 PST http://www.zerohedge.com/news/2013-05-23/japans-words-advice-doomsayers-please-do-not-worry-and-maintain-fiscal-discipline http://www.24hgold.com/english/news-gold-silver-stable-prices-unstable-markets.aspx?article=4373454584G10020&redirect=false&contributor=Frank+Shostak&mk=1 CPI stable 1926-1929 (see chart), as Fed balance sheet growing 42% a year by Jun 1928... Thu, 23 May 2013 13:14:00 PST http://www.24hgold.com/english/news-gold-silver-stable-prices-unstable-markets.aspx?article=4373454584G10020&redirect=false&contributor=Frank+Shostak&mk=1 http://lewrockwell.com/napolitano/napolitano102.html an excellent, short read on the current events in Liberty Thu, 23 May 2013 12:58:00 PST http://lewrockwell.com/napolitano/napolitano102.html http://qz.com/87761/almost-a-quarter-of-americans-struggle-to-afford-food/ "deprivation is closer to that in Indonesia or Greece rather than Britain or Canada,” says Pew Research. Thu, 23 May 2013 12:53:00 PST http://qz.com/87761/almost-a-quarter-of-americans-struggle-to-afford-food/ http://goldsilver.com/new/jim-rickards-on-gold-qe-true-economic-outlook/ if you can only watch 1 news clip ... video set to start with Rickards Thu, 23 May 2013 12:26:00 PST http://goldsilver.com/new/jim-rickards-on-gold-qe-true-economic-outlook/ http://goldsilver.com/new/jim-grant-on-fed-qe-and-gold-is-money/ Jim discusses feds market manipulation and the fact that Gold is Money. Thu, 23 May 2013 12:25:00 PST http://goldsilver.com/new/jim-grant-on-fed-qe-and-gold-is-money/ http://www.commoditytrademantra.com/us-federal-reserve/fed-exit-strategy-the-mother-of-all-head-fakes/?print=1 it really doesn’t matter what Bernanke says. Talk from Fed officials about exit strategies is nothing more than a head fake: a way of convincing the markets that central banks are still in control, & that there’s nothing to worry about. The central planners have it all under control. Thu, 23 May 2013 08:22:00 PST http://www.commoditytrademantra.com/us-federal-reserve/fed-exit-strategy-the-mother-of-all-head-fakes/?print=1 http://www.bloomberg.com/news/2013-05-22/bernanke-says-premature-fed-tightening-would-endanger-recovery.html Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and that raising interest rates or reducing asset purchases too soon would endanger the recovery. Thu, 23 May 2013 08:20:00 PST http://www.bloomberg.com/news/2013-05-22/bernanke-says-premature-fed-tightening-would-endanger-recovery.html http://www.peakprosperity.com/blog/81951/four-signs-were-back-dangerous-bubble-territory As the global equity & bond markets grind ever higher, abundant signs exist that we are once again living through an asset bubble – or rather a whole series of bubbles in a variety of markets. This makes this period quite interesting, but also quite dangerous. Thu, 23 May 2013 08:18:00 PST http://www.peakprosperity.com/blog/81951/four-signs-were-back-dangerous-bubble-territory http://www.marketwatch.com/story/how-bernanke-blew-it-2013-05-22?mod=wsj_share_tweet No, the Fed officials stated, we’re not yet ready to tighten.…then he sure blew it when answering a question from Rep. Kevin Brady, Texas Republican who heads the Joint Economics Committee: So, are you going to tighten by Labor Day? After a few hems and haws, Bernanke replied, that depending on the data, the rate of bond purchases could slow “in the next few meetings.” Thu, 23 May 2013 08:15:00 PST http://www.marketwatch.com/story/how-bernanke-blew-it-2013-05-22?mod=wsj_share_tweet http://www.rickackerman.com/2013/05/why-even-talk-of-tightening-could-be-fatal/ Repeat after us: There is zero chance the Fed is going to tighten…zero chance…zero chance…zero chance. While we await the global economy’s all but inevitable collapse, one thing we absolutely need not fear is that the Fed will stop easing. Thu, 23 May 2013 08:14:00 PST http://www.rickackerman.com/2013/05/why-even-talk-of-tightening-could-be-fatal/ http://goldsilver.com/new/sinclair-the-price-of-gold-must-never-embarrass-the-chairman-on-a-day-he-speaks-publicly/ The Gold banks still feel physical demand is an aberration that they, being all powerful & mighty, can extinguish by pounding paperless gold anytime it sticks its head up. This time they are so wrong. Wed, 22 May 2013 16:36:00 PST http://goldsilver.com/new/sinclair-the-price-of-gold-must-never-embarrass-the-chairman-on-a-day-he-speaks-publicly/ http://www.sovereignman.com/finance/try-this-experiment-yourself-11897/ “our tendency to grab hold of irrelevant and often subliminal inputs in the face of uncertainty... Wed, 22 May 2013 16:01:00 PST http://www.sovereignman.com/finance/try-this-experiment-yourself-11897/ http://news.goldseek.com/GoldForecaster/1369252800.php Gold would not need to be paid out, but its dollar or Yuan or Rouble equivalent, would be based on the currency value against gold at the time. As such, gold would act as the measure of value against which all currencies fluctuate. Wed, 22 May 2013 15:52:00 PST http://news.goldseek.com/GoldForecaster/1369252800.php