First India Now China To Start Buying Iranian Oil In Gold On June 28th, 2012

Beijing is planning to avoid U.S. financial sanctions on Iran by paying for oil with gold.  China’s imports of the metal are already large, and you can guess what additional purchases are going to do to prices.




The legendary Jim Sinclair states that this is the most important event in the modern history of gold, and that gold is officially replacing the US dollar June 28th.
This massively accelerates gold’s replacement of the dollar as the world reserve currency and the average person has no clue what this even means.


Click here to read the Forbes.com article

Missouri Leads Charge Towards Gold Standard

“I don’t think this has any practical implications,” says David Rapach,
associate professor of economics at St. Louis University. “This could be
a combination of nostalgia toward both states’ rights and the gold
standard, but we moved away from those types of models for good
reasons.”

Perhaps the good professor has never heard of Gresham’s Law.  This is a typical response from a main stream economist who is so out of touch with what real money is.

Read More @ The US Daily Review

Twelve countries increase their gold reserves in March - some significantly

Latest IMF statistics released overnight show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past to to three years.


According to the latest IMF statistics at least 12 countries are known to have increased their gold reserves in March indicating the continuation of a trend now going back more than two years, and one which has been on its own a substantial supporter of the higher gold prices seen over the period. 




Click here to read more at MineWeb.Com

Harvey Organ: Get Physical Gold & Silver!

Harvey Organ has been analyzing the bullion markets closely for decades. The quality and accuracy of his work is respected enough to have earned him an invitation to testify before the CFTC on position limits for precious metals back in 2010.

And he minces no words: Gold and silver prices are suppressed. With extreme prejudice.

Click here to read more and listen to a podcast at Chris Martenson .com

Mike Maloney on RT News: Gold and Silver Price Manipulation

$8,250 / oz. Is The Current Fair Market Price For Silver According To Bix Weir

The silver markets are rigged. Every day. Every trade. Every option. Every derivative. The silver markets have been rigged since the early 1970's when Alan Greenspan introduced computer market trading systems to the world beginning the long term commodity market rigging operation.

Click here to read the rest of the article at Roadtoroota.com

JP Morgan Silver Manipulation From Jason Hommel

Allow me to bring you up to date on what you need to know about JP Morgan's manipulation of the silver market.

It is being exposed, and JP Morgan is failing, and losing money on their scheme. 

On April 5th, we were given the gift of JP Morgan's Blythe Masters giving a TV interview on CNBC where she was trying to claim that JP Morgan does not hold any position in the silver market, but rather, is hedging client long positions in silver. 

Click Here to continue reading Jason's article at his silver stock report website.

Money Morning Interview With Ted Butler On Silver Manipulation

Could you tell us when and how you got started researching this matter?

It started around 1985, when a brokerage client asked me to explain how silver could remain so low in price (in the single digits) when the world was consuming more metal than was being produced. I accepted the intellectual challenge, and it took me more than a year to figure out that the paper short positions on the COMEX were so large as to constitute an almost unlimited supply. It was this paper supply that was depressing the price.

Click Here To read the interview on MoneyMorning.Com

Alabama nightclub starts 'Food Stamp Friday' promotion

MONTGOMERY, Ala. –  A nightclub in Alabama's capital city has come up with a unique theme night involving food support for needy families.

The Rose Supper Club in Montgomery will start "Food Stamp Friday" theme nights in April.

Read more: http://www.foxnews.com/us/2012/03/30/alabama-nightclub-starts-food-stamp-friday-promotion/#ixzz1r9MR93V2



Must Watch Videos Below Show How The Stigma Of Gov. Aid Has Vanished!

Real Time with Bill Maher March 16 2012 - Alexandra Pelosi Interviews Welfare Recipients


VIDEO: How Some Welfare Recipients Feel

California based “R&B singer” Keywanda.

EBT stands for Electronic Benefit Transfer. Also known as “Eat Better than the Taxpayers.” Caution. 

Song contains profanity and sexually explicit imagery.

VIDEO: http://cofcc.org/2011/08/welfare-deviants-proud-of-their-lifestyle/

BRICS agree to local currency credits to ease dollar dependency

The BRICS - Brazil, Russia, India, China and South Africa - have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.

Click here to read more from RT News

Treasury to Cut Costs by Using Cheaper Metals In Pennies And Nickels

Treasury Secretary Tim Geithner outlined how his department will find savings, including $286 million in the next fiscal year, by changing the materials that go into coins, replacing paper with electronic communications and consolidating internal agencies. The U.S. Mint is currently researching alternative materials.

Click here to read more from the Philadelphia Inquirer

South Carolina Could Be The Second State To Make Gold And Silver Legal Currency!

House Panel OKs Gold, Silver As Legal Tender

Click Here To Read The The Article From Channel 7 In SC

BRICS Look To Replace The U.S. Dollar With "Super-Sovereign" Global Currency!!!

Photo From: bbc.co.uk

Below are two articles that discuss the 4th BRICS Summit on March 29th 2012


China to offer yuan loans to members of BRICS

BRICS Move To Replace Dollar With "Super-Sovereign" Global Currency

Payment Giant SWIFT Cuts Iran From Global Financial Network

This use of the international interbank system as a war machine has surprised and angered nations in the BRICS (Brazil, Russia, India, China and South Africa) and you can bet that they will be in talks to get around using the U.S. dollar in trade in the future.

Click here to read more from The International Business Times



Legendary trader and investor Jim Sinclair explained the severity of this ban on Iran and explained what it means to gold in an interview on King World News Below.

Click here to hear Jim Break It All Down

(Timeline) U.S. Dollar Road To Destruction From Loss Of Value To Loss Of Demand!

Join me as I take you on a tour of the U.S. Dollar's road to destruction. From a loss of value to a loss of demand the U.S. dollar is closer to joining all other paper currencies in their rightful resting place. Gold and Silver are your safe haven for the impending storm ahead.

The Deflation Delusion

  By Detlev Schlichter on March, 9th 2012

Photo from papermoneycollapse.com

"Every day we are told that the world is in the grip of a deathly deflationary spiral. Or that it would be in a deathly deflationary spiral if it weren’t for the valiant efforts of our central bankers".

Click Here To read his article THE DEFLATION DELUSION on papermoneycollapse.com 

Interview With James J Puplava CFP On Financial Sense Radio

Click Here To Hear The Interview Recorded On 1/25/12

“Not Owning Gold Is A Form of Insanity,” Says Broker To The Queen

-Click here to read the article-

Precious Metals are on the cusp of breaking out says John Embry of Sprott Asset Management

Do you shop at a grocery store? - Ron Paul questions Ben Bernanke - 02/29/12

Central Banks Around The World Are Printing Money Like Crazy!

The Degree to which central banks are printing money is unprecedented.


The article below shows you the balance sheets of the eight largest central banks in the world. A central bank is a bank of issue and it does not use reserves to purchase financial instruments. The bank purchases securities, bonds and other things with computer entries that it makes in a sense printing money and in actuality creating it out of thin air. 



By James Bianco Jan 27th 2012


Click here to see the charts and read his article..

The Truth Behind The Price Of Gasoline In The U.S.

SUPPLY
I don't believe we have a supply issue if last year, for the first time ever, fuel became the top export of the United States – the big refineries shipped 117 million gallons of gasoline, diesel, and jet fuel per day out of our country.


Click here to read more...

DEMAND

I don't believe that the demand is real high considering retail gasoline deliveries are well below 1980 levels and appear to have fallen off a cliff.

Click here to see a graph from the U.S. Energy Information Administration

Gasoline Priced In Real Money

PRICED IN SILVER

Now here you can see a chart that shows the price of gasoline over time. Silver has to correct itself to keep up with the debased dollar so two silver dimes has pretty much always bought a gallon of gas even today. Look at 1971 in particular when the world went on pure paper with no link to gold or silver. 

Click here to see the article by Gary Gibson on gas priced in Silver money

PRICED IN GOLD

Click here to see a 92 year chart of gasoline priced in gold.

The falling dollar is the main reason gasoline prices have moved up so high in the past 40 years!


The Federal Reserve Central Bank Took Charge Of The Dollar In 1913, Wow!! Doesn't That Look Like The Point Of No Return.

Berkshire Hathaway chairman and famous investor Warren Buffett has dismissed gold as a "valueless asset"

Billionaire investor Warren Buffett has dismissed gold as a valueless asset saying that it has no inherent value. In an article for Fortune magazine, Buffett said that gold investors were pinning their hopes on future demand.


Read More Here From The Telegraph






This all proves that sometimes the apple does fall far from the tree!




Human Freedom Rests on Gold
Redeemable Money
By HON. HOWARD BUFFETT
U. S. Congressman from Nebraska
Reprinted from The Commercial and
Financial Chronicle 5/6/48


Congressman Buffett stresses relation between
money and freedom and contends without a
redeemable currency, individual's freedom to
sustain himself or move his property is
dependent on goodwill of politicians. Says
paper money systems generally collapse and
result in economic chaos. Points out gold
standard would restrict government spending
and  give people greater power over public
purse. Holds present is propitious time to
restore gold standard.

Read Howard's famous 1948 Essay On Human Freedom Rests On Gold

Hi-Ho Silver Away! ...Strap in for the Wealth Creating Opportunity of a Lifetime

By Steve Smith, http://www.smithmckenna.com/

Steve Smith provides a short synopsis of the incredible wealth creating opportunity that is quickly commencing and recommends people educate themselves quickly in order to take full advantage. His website and free book are made available for all those that want to learn, stay informed, and create personal wealth through precious metals investing.

Read More @ PR Newswire

Silver Investors: Pick Your Poison

by Bix Weir, RoadtoRoota.com:

For 10 years I've been hearing from the mainstream media, silver market analysts and even big time silver bugs the various reasons why Silver prices will NEVER skyrocket. There is always some GRAND REASON why my huge price projections of $7,000/oz for silver will never come true. It's gotten to the point that the BEST thing to do when one of these "oh-so-important" discoveries comes to light is to CLOSE YOUR EYES AND JUST KEEP BUYING SILVER!

Now I'm not saying to blindly invest in silver (or anything for that matter) but what I am saying is that as a faithful silver investor you will be confronted with what sounds like VERY good reasons NOT to invest in this precious metal. Biggies. So big that you WILL question your own analysis over and over again and many will choose to leave the silver markets all together. I would even venture to say that SILVER has been denigrated and denounced more than any other investment alternative in the past 40 years.

Many of these SILVER STINK BOMBS seem like VERY sound and reasonable warnings.

So in the spirit of Ebeneezer Scrooge, let's look at these warnings from the PAST, PRESENT and FUTURE.

Read More @ RoadtoRoota.com

SilverSeek.com 2012 Virtual Silver Investment Conference

Eric Sprott: Mania. Manipulation. Meltdown. [Transcript: 2012 Virtual Silver Conference]

Click Here To Read The Transcript Of His Presentation

James Turk reaffirms his $400 long-term silver target [Transcript: 2012 Virtual Silver Conference]

Click Here To Read The Transcript Of His Presentation

Julian D. W. Phillips: Why will Capital Controls Boost Silver Prices? [Transcript: 2012 Virtual Silver Conference]

Click Here To Read The Transcript Of His Presentation

David Morgan: Silver in the next Decade [Transcript: 2012 Virtual Silver Conference]

Click Here To Read The Transcript Of His Presentation

The Coming Paradigm Shift In Silver!

I found this Blog post that has several great graphs that support a coming paradigm shift in silver. The most interesting chart to me is the one that shows to total U.S. mint sales for silver and gold 1 oz. Eagle coins over the past 5 years. The next two charts that piqued my interest were the ones showing the U.S. gold and silver production vs. total 1 oz. coins sold by the U.S. mint in 2011.

I don't know anything about the author other than they go by the name of NT.


Posted By: Steve St. Angelo

Click here the read the Blog post:

Gold Sales During Week-long Lunar New Year in China Up 49.7%

By Esther Tanquintic-Misa | January 30, 2012 2:54 PM EST

The Year of the Dragon Lunar New Year holiday not only ushered a new and magnificent year for China but also gave a new record gold buying among the Chinese.

Click Here To read The Article

Peter Schiff On CNBC 26 Jan 2012

Eric Sprott: Aggressive Chinese Buying Will Spike Gold Price

From King World News:

Today billionaire Eric Sprott told King World News the Chinese cannot continue to buy gold as aggressively as they have been without there being a dramatic increase in the price. Eric Sprott, Chairman of Sprott Asset Management, had this to say about Chinese purchases of gold and the recent announcement that Iranian oil will be acquired using gold: “There are two things I think are important about that. One, it’s a statement that gold is a currency. That is by far the most important thing. I think the other thing is, if it actually transpires that way, what does it mean for the demand for gold? Because now it’s considered currency, it’s, in essence, your working capital. You have to have it. It’s like a store, you have to have money in the till.”

Eric Sprott continues:

Read More At King World News

'India to buy Iran oil in gold not dollars'

Oil and gold markets stunned

DEBKAfile January 23, 2012 India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, DEBKAfile’s intelligence and Iranian sources report exclusively. Those sources expect China to follow suit. India and China take about one million barrels per day, or 40 percent of Iran’s total exports of 2.5 million bpd. Both are superpowers in terms of gold assets. By trading in gold, New Delhi and Beijing enable Tehran to bypass the upcoming freeze on its central bank’s assets and the oil embargo which the European Union’s foreign ministers agreed to impose Monday, Jan. 23. The EU currently buys around 20 percent of Iran’s oil exports. The vast sums involved in these transactions are expected, furthermore, to boost the price of gold and depress the value of the dollar on world markets. Iran’s second largest customer after China, India purchases around $12 billion a year’s worth of Iranian crude, or about 12 percent of its consumption. Delhi is to execute its transactions, according to our sources, through two state-owned banks: the Calcutta-based UCO Bank, whose board of directors is made up of Indian government and Reserve Bank of India representatives; and Halk Bankasi (Peoples Bank), Turkey’s seventh largest bank which is owned by the government.