Wednesday, October 31, 2012

Japan Ups It's Current Asset Purchase Program By ¥11 Trillion Making It ¥91 Trillion Now!!

Under heavy pressure to do more to help rid the economy of debilitating deflation, the Bank of Japan's policy board voted unanimously to increase the asset purchasing program by 11 trillion yen ($139 billion) to 91 trillion yen ($1.15 trillion).
"The critical challenge for Japan's economy is to overcome deflation as early as possible and to return to a sustainable growth path with price stability," the government and central bank said in a joint statement.

Tuesday, October 30, 2012

Turk - 15,000 Tons Of Western Central Bank Gold Is Gone

Today James Turk once again shocked King World News when he stated, “... in 1997 over (a stunning) 2,000 tons of gold moved out of Great Britain.”  Turk added, “Now since Great Britain is not a gold miner, we know that gold had to come out of the Bank of England (where they store other countries gold), and it probably went into Zurich (Switzerland) for what’s called ‘leasing’ but I use the word ‘lending,’ or lending into the market.”

Click Here To

Thursday, October 25, 2012

James Turk - The Entire German Gold Hoard Is Gone!!

Today James Turk shocked King World News when he stated, “The entire German gold hoard was gone because it had been leased into the marketplace.  Meaning, the vaults holding German gold were emptied by 2001 because of the Bundesbank leasing activities.”

Turk added, “Half of the gold they (the Germans) leased themselves.  The other half of Germany’s gold hoard was eventually leased into the market as well through complicated swaps with the US.  But the reality is that as of 2001, all of that German gold was gone.  Meaning all German gold worldwide, which was supposed to be stored in vaults, the vaults were emptied of German gold and the gold was leased into the market.” 

Click here to

Unease about Germany's unchecked gold reserves

BERLIN -- Germany's central bank has failed to properly oversee the country's massive gold reserves, which have been stored abroad since the Cold War in case of a Soviet invasion, independent auditors say.
The central bank must renegotiate its contracts to gain the right to inspect its gold bars, which are worth tens of billions of dollars and are stored in the United States, Britain, and France, the Federal Auditors Office said in a report to lawmakers obtained by The Associated Press on Monday.

Tuesday, October 23, 2012

Investors are shifting from paper to physical.

It's not too often that you see a major shift within the gold market. The last such recalibration in sentiment for gold investors was the introduction of the first gold-backed ETF in 2004, and the subsequent explosion in exchange-traded products (ETPs) for bullion and precious-metals equities.

Today, another tidal change is under way, as the flow of funds into structured bullion products ebbs. I think this shift – as you'll read about in a moment – signals two things. First, it confirms that growing numbers of investors are increasingly nervous about the reckless monetary and fiscal paths being pursued on a global scale. Identifying this trend early on will let investors position themselves accordingly. 


The US Mint’s frantic silver sales pace continued over the weekend, as the Mint reported 430,000 ounces of silver sales over the weekend on Monday.  Perhaps more importantly, the US Mint Silver eagle to US Gold eagle sales ratio continues to exceed 50 to 1, a pace that is simply unsustainable with a current mine ratio of 9 to 1.

Click here to

Friday, October 19, 2012

Australian gold exports to China surge over 900% In First 8 Months Of 2012!

Australian sales of gold to China have surged a staggering 905.4% on the back of the Middle Kingdom's efforts to short up its foreign currency reserves.
The stunning year-on-year gain in gold sales to China for the period of January to August in 2012 has left the precious metal Australia's second most valuable tangible export to the emerging Asian giant at AUD$4.2 billion in total, replacing stalwart commodities export coal.

U.S. Exporting Record Amounts of Gold Overseas

In a stunning development over the first seven months of the year, the United States has run up a huge gold deficit as it has exported a record 424 metric tonnes of gold. This is indeed a significant amount when the U.S. exported a total of 488 metric tonnes for the entire year in 2011.

Click here to read the full article at

Wednesday, October 10, 2012

Huffington Post's 11 Myths About the Fed, Refuted By Tom Woods and Bob Murphy

Written By: (Recent Harvard Grad) Bonnie Kavoussi

The Federal Reserve has a lot of haters, and those haters are spreading some rumors.
Texas Governor Rick Perry echoed many conservatives' sentiments when he said last year that another round of stimulus from Federal Reserve Chairman Ben Bernanke would be "almost treasonous." "We would treat him pretty ugly down in Texas," he added, while also claiming that the Fed has been "devaluing the dollar." Inflation is currently at historically low levels.

11 Myths Refuted 1 by 1
Author and economist Robert Murphy
Historian and Best-Selling Author, Tom  Woods

The other day the Huffington Post ran an article by a Bonnie Kavoussi called “11 Lies About the Federal Reserve.” And you’ll never guess: these aren’t lies or myths spread in the financial press by Fed apologists. These are “lies” being told by you and me, opponents of the Fed. Bonnie Kavoussi calls us “Fed-haters.” So she, a Fed-lover, is at pains to correct these alleged misconceptions. She must stop us stupid ingrates from poisoning our countrymen’s minds against this benevolent array of experts innocently pursuing economic stability.

Gold and Silver Prices - 100 Year Historical Chart

Charts the monthly inflation-adjusted price levels of gold 

and silver since 1915.

Source:London Bullion Market Association

Click here to see a large Image as well as other charts at

Saturday, October 6, 2012

Over 50 Million Oz. Of Silver Dumped In 5 Minutes (1.5 X Total U.S. Production in one year)!

In an attempt to flash-smash silver and prevent a weekly close above the critical $35 level, the cartel dumped an estimated 51 MILLION OUNCES of paper silver on the futures market in only 5 minutes on this morning’s non-farm payrolls release between 8:30 and 8:35 AM EST.

Click here to

Wednesday, October 3, 2012

G. Edward Griffin - "Legalized Plunder of the American People"

G. Edward Griffin does an excellent job summarizing the nature of the Federal Reserve and what they are doing to the american people. This short clip is a great video to help wake up that friend or family member who is on the verge of becoming awake and aware to the greatest problem we face as a nation.

Monday, October 1, 2012


No matter how convinced I may be that silver has been manipulated downward in price by JPMorgan’s concentrated and rapidly increasing short position in COMEX futures contracts; it is vital to explore why that may be wrong. Particularly with a conviction held for a long period of time, it is important to make sure I am not missing anything basic. The best way to do that is to listen closely to those who may disagree with the silver manipulation allegations. However, uncovering the arguments against a silver manipulation is not as easy as you might think.