Oct 20 Get Ready To Party Like It’s 2008 Dave Kranzler
The current bubble has been created by a record level of money printing and debt creation globally. Unfortunately, the upward velocity of rising asset prices has seduced investors to recklessly abandon all notion of risk. Based on several studies on investor cash holdings as a percentage of their overall portfolio (cash on the sidelines), investors are “all-in.” One would have to be brain-dead to not acknowledge that global Central Bank money-printing has caused the current “everything” asset bubble. But it’s a “fear of missing out” that has driven investors to pile blindly into stocks with zero regard for fundamental value. Even pensions funds, according to...

Oct 20 Banksters, Independence and Cryptos Rory Hall
My argument, for the past several years has been, governments and banksters will not allow cryptos to “win” and will, in fact, use cryptos to their advantage. We are beginning to see the tide turn in this regard. If anyone thinks that squashing something as trivial as a nations freedom and independence but the same people will allow their mechanism of power and control to be side-stepped, well, those people are living in a fantasy world – a world of make-believe filled with unicorns and rainbows. If you don’t believe me ask the people of Greece, Venezuela and now Catalonia. Let me know what you find out...

Oct 19 The Fragile Gold Industry SRSrocco
The gold industry has been built on the leveraging of debt and energy. The days of using human and animal labor to produce the precious yellow metal are long gone. While some gold is still mined the old fashion way, the overwhelming majority is produced by using colossal-sized mining equipment, massive amounts of capital, energy, and materials. Thus, the global gold supply comes via a very complex industry with a lot of moving parts. When one of these critical parts are in short supply or removed, then the entire gold supply system disintegrates. An example of one of the newest complex gold mines in the world is the Pueblo Viejo Mine in the Dominican Republic, owned by Barrick (60%) and Goldcorp (40%), which cost a staggering $3.7 billion to build. The Pueblo Viejo Mine started production in...

Oct 19 Silver Set to Soar Myra P. Saefong
Gold prices have far outpaced gains in silver so far this year, but silver will emerge as the winner for the second year in a row. With a per-ounce price of $17.41 for silver futures as of Friday, analysts say the white metal is poised for a big climb, particularly as the gold-to-silver ratio stands well above historical averages. “Silver is definitely undervalued compared to gold and as a stand-alone investment. I consider it likely to be the most undervalued asset in the general investment markets,” says Paul Mladjenovic, author of Precious Metals Investing For Dummies. The best barometer of its potential gains comes from its value relative to gold. The long-term average gold-to-silver ratio runs around 15 to 1, while...

Oct 19 10 Years Ago a Bear Market Started Chris Vermeulen
Yes, much has recently been published about the 10-year anniversary of the 2007~08 credit market crash and many people are trying to make comparisons between then and now. Some of this information is valid and factual. For example, the amount of debt now is much higher than the debt levels in 2004~08. This would lead some to consider the scope of any global debt related issues to be much larger and more dangerous than in 2007. Additionally, the types of levels of debt have begun to froth back into the dangerous and risky derivatives markets, ARMs and MBSs. Although, we keep hearing, “this time it’s different”.

Oct 19 The Added Liquidity Caused By 2 Votes J Johnson
There seems to be an issue with these 2 separate events (Brexit/Trump) but both create the impression that they are in play inside the Comex Silver market and it’s Open Interest. Many sources from within GATA and other experts over the past 2 decades, have stated they believe that Silver IS the lynchpen to all things monetary. If that is close to being true it would explain why Comex Silver contracts have such a huge point of leverage with 5,000 troy ounces per trade compared to Golds 100 ozs. In truth I don’t know how they came up with these contract sizes. They certainly do not represent any sort of 15 to 1 ratio in what used to be our nations currency spread between the 2 metals...

Oct 19 Paul Craig Roberts - Markets Fall When Dollar Falls Greg Hunter
The biggest danger to Dr. Roberts, who has a PhD in economics, is the U.S. dollar. Dr. Roberts contends, “It seems to me that the only thing that would cause the Federal Reserve to stop the liquidity would be if the U.S. dollar fell under attack. If for some reason people said, hey, we don’t want the dollar anymore, and they started moving out of dollars into other currencies or into something else, if they cease to hold assets in dollars, if that happened, the Fed would have to try to raise interest rates to support the dollar. Then you could see that everything could come apart. If the interest rates would go up, there would be all kinds of derivatives that would not be sustainable. The stock market would collapse. It would be a mess. It would be an utter mess."...

Oct 18 Russia Stockpiles Gold To Prevent A Currency Attack By The U.S. Dave Kranzler
Gold, this eternal financial resource, has a real value if compared to other financial assets. The Russian government believes that it’s better to have more gold resources than dollars. Hypothetically speaking, if Russia holds tons of US dollars and the US wanted to damage its economy, this would be possible through currency manipulations,” Rubinstein said, adding that gold guarantees against such a scenario (from the Sputnik article linked in the previous paragraph). Russia has increased the value of its gold reserves by a factor of 10x over the last decade. It has also reduced its euro holdings from 40% of its Central Bank reserves to 26%. Russia has also been aggressively unloading its Treasury holdings...

Oct 18 The Fading Scent of the American Dream Charles Hugh Smith
We live in a simulacrum society in which the fading scent of the American Dream is more a collective memory kept alive for political purposes than a reality. Even more disturbing, the difference between a phantom prosperity (or in homage to the Blade Runner film series, shall we say a replicant prosperity?) and real prosperity has been blurred by layers of simulated signals of prosperity and subtexts that are carefully designed to harken back to a long-gone authentic prosperity. This is the reality: the American Dream is now reserved for the top 0.5%, with some phantom shreds falling to the top 5% who are tasked with generating a credible illusion of prosperity for the bottom 95%...

Oct 18 Deflation Basics Series: The Quantity Theory of Money EWI
Here's our challenge. In order to be aware of the investment pitfalls and opportunities that deflation can bring, we must first understand the basic elements of why it occurs. So our challenge is to try and make monetary economics, a subject that most people would find duller than watching paint dry on a wall, understandable and, dare I say it, fun! It's a big ask but we like a test, and so here is the first in our Deflation Basics Series -- The Quantity Theory of Money. The Quantity Theory of Money (QTM for short) is the very essence of the true definition of inflation and deflation. You see, most people think of inflation and deflation as the rise and fall or prices when it is actually all about the rise and fall of the quantity of money...

Oct 17 Largest Asset Bubble In History – It’s Not Different This Time Dave Kranzler
Oct 17 Washington Is Destroying American Power Paul Craig Roberts
Oct 16 Gold & Silver – Think Prices Are Manipulated? Look In The Mirror! EdgeTraderPlus
Oct 16 Gold Market Update Clive Maund
Oct 16 Silver Market Update Clive Maund
Oct 16 Raymond James Recommends Gold? Dave Kranzler
Oct 16 Oil Companies: Deep Trouble As Profits Vaporize While Debts Skyrocket SRSrocco
Oct 16 Weekend Newsletter 10/14/17 GoldPredict
Oct 16 Gold Bulls Have Slight Technical Edge Morris Hubbartt