goldmoney.com / By Alasdair Macleod / 31 October 2014
China first delegated the management of gold policy to the People’s Bank by regulations in 1983.
This development was central to China’s emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress [...]
arabianmoney.net / 30 October 2014
Former Fed chairman Alan Greenspan told the New Orleans Investment Conference last weekend that the gold price was going ‘higher’ over the next five years and when asked how much higher he responded ‘measurably’.
Always a cryptic commentator Dr. Greenspan noted that ‘gold has always been accepted without reference [...]
thewealthwatchman.com / OCTOBER 29, 2014
Silver Eagle Sales Record In Sight!
We’re about to finish off the month of October, which started off ridiculously strong, and has managed to finish the month strongly as well! In the last 48 hours, another 425,000 silver eagles have been sold. This boosts the monthly figure(with 3 business days [...]
wolfstreet.com / by Wolf Richter / October 28, 2014
“The ruble weakened to a record for the fifth day on concern Russia will quicken its move to a free float after more than $20 billion of interventions this month failed to halt the depreciation,” Bloomberg reported today, the same sort of line we’ve been [...]
jessescrossroadscafe.blogspot.com / BY JESSE / 27 OCTOBER 2014
Unlike the fiends of folklore fright; No coffin holds them safe for night. Our Vampires live amongst our ranks; And haunt us from their central banks. A. S. As a reminder tomorrow is a precious metal options expiration on the Comex. Wednesday is an FOMC announcement. Let’s [...]
wolfstreet.com / by Wolf Richter / October 27, 2014
This has been one heck of a phenomenon to observe as it climbs relentlessly from one level to the next, and each level seems to be so out of whack and so crazy that no crazier level would ever seem possible. And just then, it jumps [...]
caseyresearch.com / Chuck Butler / October 27, 2014
In This Issue.
* Currencies eke out small gains. * Only 13 of 130 Eurozone Banks fail stress test. * Rousseff wins by a narrow margin in Brazil! * Silver Producers to do something about paper trades?
And Now. Today’s A Pfennig For Your Thoughts.
mises.org / by Patrick Barron and Jeff Deist / October 25, 2014
Jeff Deist and Patrick Barron address the issue of monetary imperialism. How does the US use the dollar as a weapon of economic and cultural power? How long can it last? What might the unprecedented collapse of a worldwide reserve currency look like? [...]
charleshughsmith.blogspot.com / By CHARLES HUGH SMITH / OCTOBER 26, 2014
The additional sets of problems added as “solutions” only guarantee that the third and final crash of asset bubbles just ahead will be far more devastating than the crashes of 2000 and 2009.
The conventional view tacitly assumes the global economy is dealing with one [...]
Jack Delano Family of Dennis Decosta, Portuguese Farm Security Administration client Dec 1940
theautomaticearth.com / by Raúl Ilargi Meijer / October 24, 2014
Great, long, 4-part series from German Der Spiegel magazine.
• The Zombie System: How Capitalism Has Gone Off the Rails (Spiegel)
Six years after the Lehman disaster, the industrialized world is [...]
goldmoney.com / By Alasdair Macleod / 24 October 2014
The behaviour of financial markets these days is frankly divorced from reality, with value-investing banished.
Markets have become distorted by Rumsfeld-knowns such as interest rate policy and “market guidance”, and Rumsfeld-unknowns such as undeclared market intervention by the authorities. On top of these distortions there [...]
gata.org / By Richard Leong / 2014-10-24 05:07
By Richard Leong Reuters Thursday, October 23, 2014
Foreign central banks slashed their holdings of U.S. Treasuries at the Federal Reserve to their lowest level since May, Fed data released on Thursday showed.
Analysts said the decline in U.S. government bond holdings likely stemmed from a combination [...]
zerohedge.com / by Tyler Durden / 10/24/2014 08:04 -0400
It has been over six months since the Chinese housing bubble has popped. What’s worse, as overnight housing numbers out of China confirmed, the government has so far failed to contain the fallout, and according to the National Bureau of Statistics, which is anything but, after [...]
zerohedge.com / by Tyler Durden on 10/23/2014 19:21
Albert Edwards is angry, and understandably so: almost exactly two weeks after warning readers to “sell everything and run for your lives” and the market was on the verge of its first correction in years, several powerful verbal interventions by central banks from the Fed, to [...]
gata.org / By Chris Powell / October 23, 2014
For many years this conference has bravely invited GATA Chairman Bill Murphy and me to speak here about the evidence of manipulation of the gold market, particularly manipulation undertaken directly or indirectly by central banks, and every year there has been new documentation to report. This [...]
srsroccoreport.com / October 22, 2014
While the Fed and Western Central Banks continue to prop up the entire market, investors took advantage of the manipulated low silver price by purchasing a record amount of Silver Eagles in October. Silver Eagle sales were also extremely strong last month as total sales reached 4.1 million in September.
davidstockmanscontracorner.com / by David Stockman / October 21, 2014
Last Wednesday the markets plunged on a vague recognition that the central bank promoted recovery story might not be on the level. But that tremor didn’t last long.
Right on cue the next day, one of the very dimmest Fed heads—James Dullard of St Louis—-mumbled [...]
thedailybell.com / By Staff News & Analysis / October 22, 2014
‘Plunge protection’ behind market’s sudden recovery … Mysterious forces were trying their best, but they couldn’t keep the stock market from swooning Wednesday. They failed in the morning, despite massive purchases of stock index futures contracts. Within minutes of the market’s opening, the [...]
zerohedge.com / by Tyler Durden on 10/21/2014 11:58
We have all seen it countless times before: visual confirmation that without the Fed’s (and all other central banks’) liquidity pump, the S&P would be about 70% lower than were it is now.
Most recently, this was shown last Friday in “Another Reminder How Addicted Markets [...]
marctomarket.com / by Marc Chandler / October 21, 2014
The drop in US bond yields is perhaps the biggest surprise for investors this year. The gradual decline in Federal Reserve buying, faster growth, and the prospects for a rate hike in 2015 were expected to lift bond yields. Who would buy US Treasuries when the [...]