Thursday, 30 January 2014

What Really Happened To The German Gold Housed In The United States?


Tonight, I want to start here, and this is probably something that we’re going to have to talk about several times because it’s really hard to understand. But we’ve talked about it once before over several months, but I think things have gotten significantly worse, and let me explain. Last January, Germany started asking if they could just come into the Federal Reserve and look at their stash of gold.

- Source, The Blaze:

Saturday, 25 January 2014

Jim Willie - This Year Currency Explosion


Dr. Jim Willie, Editor of the Hat Trick Letter, predicts, "This is the year we have the currency explosion." Don't think Obama Care is going to make things easier. Dr. Willie thinks, "It will be 100 times the nightmare than you think it might be. . . . Obama Care is a big plan to track people, both their money and their bodies, like a bunch of herded animals. This is going to manage death of the individual and manage death of the economy."

- Source, USA Watchdog:

Thursday, 23 January 2014

Warning Fake NGC Slabbed Gold Coin Found


Warning Fake NGC Slabbed Gold Coin Found. This was more than likely replicated after an original coin was sent to be graded!

Tuesday, 21 January 2014

The Keiser Report: Shrinkflation


In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the moral sink estate that is the City of London where dealers sell debt crack on street corners and many old ladies have their pensions stolen. They also discuss the corruption of the leveraged buyout whereby now whole nations are stolen using the nation's own assets and resources as collateral and now, with the TPP deal, the globe is about to be taken for cheap. In the second half, Max interviews investment adviser, Pippa Malmgren, a politics and policy expert who used to be Special Assistant to the President of the United States for Economic Policy on the National Economic Council and former member of the US President's Working Group on Financial Markets. They discuss 'shrinkflation,' inflation and the Plunge Protection team.

- Source, Russia Today:

Sunday, 19 January 2014

Silver Could Rise in 2014 - Here are 4 Reasons Why

Silver Investing News (SIN) reported last month in its 2014 silver outlook that most analysts see the white metal selling for about $21 per ounce this year. Since that time, not much has changed — in fact, both Moody’s Investors Service and Sharps Pixley have come forward with similar predictions.

However, some silver market watchers have higher hopes for the metal and believe that 2014 could bring increased silver market strength, as well as more impressive prices. Here’s a look at four of the factors they believe could make that happen.


1. Production costs

During the third quarter of 2013, silver mining costs averaged $21.39 per ounce, Tony Davis, owner of Atlanta Gold & Coin Buyers, states in an article published in The Paramus Post. That’s above the price that silver is currently selling for — $20.25 per ounce at yesterday’s close.

Davis believes that’s significant because “[i]t’s highly unlikely that current prices will remain below the cost of production.” His reasoning is that eventually mines that are not profiting in today’s price environment will close, reducing the amount of silver on the market. In turn, that lack of supply should push prices up.

2. The US economy

After much speculation about when — and by how much — the US Federal Reserve would reduce its bond-buying program, the central bank announced plans at the end of December to lower it by $10 billion, to $75 billion a month, in January.

As Davis points out, that “will likely … result in a weakening of [the country's] currency,” as will the fact that foreign countries such as China are “enter[ing] into currency swaps with other nations.” That, as silver market watchers are likely aware, is positive for silver as well as for gold.

On a different note, John Whitefoot states in a recent Daily Gains Letter article that the reduction in spending indicates a “so-called” improving US economy. While that has “tempted some investors to move away from safe haven investments,” increased strength in the nation’s economy means that industrial demand for the white metal could pick up, raising silver prices in the process. If that happens, Whitefoot sees investors again turning to silver as a safe haven.

3. Oversold territory

Looking at silver from a more technical angle, Peter Zihlmann said in a Market Oracle articlepublished this week that the white metal is currently in an oversold position that “is far worse than in 2008 or 2001.” Given that “[s]uch extremes have always been followed by strong movements to the up-side,” he believes that investors should buy now before prices jump again.

That’s a view that is corroborated by Whitefoot. In his article, he notes, “given the stunning gains seen on the stock market in 2013, many are calling for a correction of some kind in 2014.” In that scenario, silver and gold, which are currently undervalued, are the commodities that investors will turn to.

4. Asian silver demand

Finally, Davis touches on the fact that foreign countries, namely China and India, are importing increasing amounts of silver and gold. As SIN’s silver outlook outlines, Indian silver demand in particular quietly increased throughout 2013, leaving market participants wondering if the country would import more than the record 5,048 metric tons of silver it brought in back in 2008.

If demand from those locations continues at the same rate, silver prices could see a boost.

The verdict

As last year proved, beginning-of-year silver outlooks can easily go astray — so while a strong year may indeed be in store for the white metal, the opposite could also turn out to be true.

However, according to a Globe and Mail article published earlier this month, silver is likely to perform well at least until the end of February. That’s because for the last two decades, “the metal has gained an average of 9.05 per cent” from December 23 to February 28. If the same holds true this year, now could be the time to bet on silver.


- Source, Silver Investing News:

Friday, 17 January 2014

Silver Coin Premiums Set To Climb On Reduced Supply

Sales of silver American Eagles rose to an all-time high of 42.675 million ounces in 2013. Purchases jumped to a monthly record in January 2013, and the mint suspended business for a week because of a lack of inventory.

The silver bullion coin market is tight with strong hands refusing to sell and mints rationing supplies. Silver's sharp fall is seeing the smart money continue to accumulate silver coins while supply is available and premiums still relatively low.

Separately, the Perth Mint has announced that they have sold out of their silver bullion coin - the one ounce 2014 Australian Kookaburra.

Silver has climbed 8.9% from a five-month low at the end of 2013.


- Source, Goldcore:

Wednesday, 15 January 2014

INSTITUTIONAL BUYING: The Coming Silver Game Changer

The key to investing in silver is getting in before the big gains are made. The sector that will have the largest impact on future silver investment demand will be institutional buying. According to Rick Rule of Sprott Asset Management, we may be witnessing the beginning stages of what could be a big move of institutional investors in the physical precious metal market.

The writing is on the wall. The Fed & Western Central Banks are propping up the world financial markets by pumping in huge amounts of liquidity. This policy has put into question the long-term viability of the Treasury & Bond markets.

Even though the East is participating in the Grand Paper Liquidity Scheme, they are forced to do so because the Dollar is still the global reserve currency. However, as confidence in the Treasury & Bond markets begin to wane, we are going to see more institutions and retail investors rotate out of paper and into physical assets.

- Source, SRSrocco Report, read the full article here:

Wednesday, 8 January 2014

The Keiser Report - Westminster Circus


In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the scary banking clowns, the alleged decline in bank robberies and the Times' 'Briton of the Year,' George Osborne causing a nation of a million mortgage holders in 'perilous debt.' In the second half, Max interviews Danny Blanchflower, a former external member of the Bank of England's interest rate-setting Monetary Policy Committee, about the disastrous UK economy, George Osborne's policies and the BoE decision to buy UK Gilts rather than other assets during this crisis.

- Source, Russia Today:

Monday, 6 January 2014

George Osborne (aka Clown of the Year) investing in debt, destruction!


In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the scary banking clowns, the alleged decline in bank robberies and the Times' 'Briton of the Year,' George Osborne causing a nation of a million mortgage holders in 'perilous debt.' In the second half, Max interviews Danny Blanchflower, a former external member of the Bank of England's interest rate-setting Monetary Policy Committee, about the disastrous UK economy, George Osborne's policies and the BoE decision to buy UK Gilts rather than other assets during this crisis.

- Source, Russia Today:

Saturday, 4 January 2014

China Accumulates Gold for "The World Dream"

During the span of the 100 years in which the gold standard was established, the world economy was quite stable- there was no inflation, and wealth distribution was very fair. Every country who participated benefited a great deal from it.

The world financial crisis in 2008 is the worst financial crisis in history. We haven’t yet found an alternative to gold, which can play a better, stabilizing role under these circumstances. We have been trying- for example, we found this thing called SDRs, but SDRs have their limitations. It’s impossible for SDRs to play the same stabilizing effect as gold.

President Xi has proposed the Chinese dream. In the process of chasing a “World Dream” through the pursuit of gold, we aspire to seek peaceful development in the world. In this process, we still haven’t found a stability factor which is inherent in the system. Since gold had played a stable role in the process of human development, we will put focus on it. We think gold will continue to draw much attention from the whole world. - Zu He Liang

- Source, The Silver Doctors:

Thursday, 2 January 2014

SILVER DOWN 36% IN 2013 DESPITE “SKYROCKETING DEMAND”

Gold fell 28% in 2013, while silver recorded a 36% decline. It was gold’s first annual drop since 2000 and gold and silver’s worst performance since 1981 and 1984 respectively.
The Perth Mint of Western Australia reported that they saw a very significant increase in sales in 2013 despite the falling prices. Gold sales from the Perth Mint, which refines most of the bullion from the world’s second-biggest producer Australia, climbed 41% last year.


Silver coin sales surged 33% to about 8.6 million ounces from 6.5 million ounces in 2012, according to the Perth Mint.

- Source, The Silver Doctors: