Saturday, August 10, 2013

World's First Silver Motorcycle In Mumbai At India International Jewelery Show!!!

Mumbai, Aug 3 — Style statement has reached a new height with the creation of a motorcycle made fully of pure silver by a leading jewelry house here and priced between Rs.5-10 million, a representative of the maker said here Saturday. The silver bike will be unveiled at the prestigious India International Jewelry Show (IIJS) here Aug 8-12. Silver Emporium, a leading silver industry player, has created the world's first handcrafted motorcycle in silver. "It is absolutely road worthy and barring the engine, tyres and suspension, rest all components are in silver," Silver Emporium managing director Rahul Mehta told IANS.


Click here to read more at NYDailyNews.com


 


July 2013 Silver Imports In India Are The Highest In 5 Years.

AHMEDABAD: Silver imports recorded a staggering 258.65% growth at 857 metric tonnes (MT) in the first four months (April-July) of 2013-14 as compared to 239 MT by July 2012.
The imports of 274.922 MT in July are the highest in last five years in the first four months of a financial year. In fact, silver imports in July 2013 are the second highest in any month in the last five years.

Gold replaces narcotics as the biggest smuggled item in India!

The recent series of actions by the Indian government along with  tax hike on bullion imports have created acute shortage for gold in domestic markets. Estimates released by the country’s Finance Ministry have signaled alarming rise in illegal gold imports to the country.
The Bombay Bullion Association has stated that the tighter import curbs by the government have resulted in a huge gap between supply and demand for the precious metal. This huge gap is being partly filled by the illegal traffickers who buy the gold overseas at a cheaper rate and sells it to domestic jewelers or bullion agents by evading tax.


Click here to read more at Resource Investor.com

Friday, June 14, 2013

Saving Real Money By James Turk

Up until the late 1960s, it was considered prudent for everyone to have some savings. By forgoing consumption, savings gave the ability to consume more at a later date through the accumulation of interest income.
This result is similar to what one hopes to achieve with an investment, but savings and investments should not be confused. A person uses money to make an investment, whereas saving is the process of accumulating money itself. Thus, you put your money at risk when making an investment, which hopefully will become a wealth-creating asset. In contrast, savings are meant to be riskless.
Continue reading at the link below:

Wednesday, May 8, 2013

China Imports A New Record 223.5 Tons Of Gold In March 2013

After the gold rush is thought to have waned, and the two tons of gold American Eagle coins sold by the U.S. Mint (in one day alone), has faded from the headlines, we find the simply shocking news: 223.519 metric tons (mt) of gold was imported into mainland China for the month of March. Compare that to the 51.3mt and 97mt imported in January and February, respectively. When was the last time China even came close to importing gold on this scale?


Click here to see full article.

Friday, April 5, 2013

Japan aims to jump-start economy with $1.4tn of quantitative easing!


Japan's central bank has promised to unleash a massive program of quantitative easing – worth $1.4tn (£923bn) that will double the country's money supply – in a drastic bid to restore the economy to health and banish the deflation that has dogged the country for more than a decade.
As part of a new set of policies known as Abenomics, formulated by Japan's new prime minister Shinzo Abe, the Bank of Japan will buy ¥7tn yen (£46bn) of government bonds each month using electronically created money, with the aim of rekindling demand and pushing up prices and wages.

Thursday, March 28, 2013

Argentina extends price-freeze accords for 2 more months

(Reuters) - Argentina's government forged an agreement on Tuesday with top retailers to extend a freeze on prices for another two months, the latest attempt to contain inflation estimated by private economists at above 20 percent a year.


Click Here To Read More At Reuters.Com

ARGENTINA DESPERATE FOR GOLD AS INFLATION PASSES 25%

Monday, March 18, 2013

Federal Judge Dismisses Silver Manipulation Lawsuit Against JP Morgan

A federal judge has dismissed a class-action lawsuit claiming J.P. Morgan Chase & Co. (JPM) manipulated prices in the silver market between June 2007 and October 2010.
In an order posted Monday, U.S. District Judge Robert Patterson said a group of silver investors did show J.P. Morgan and its traders had the power to influence the silver market, but didn't prove the bank manipulated prices or took action to "cause artificial prices to exist" on CME Group Inc.'s (CME) benchmark Comex silver futures contract.



Click Here To Read More From FoxBusiness.com

Friday, March 8, 2013

Do Western Central Banks Have Any Gold Left???

By: Eric Sprott & David Baker

Somewhere deep in the bowels of the world’s Western central banks lie vaults holding gargantuan piles of physical gold bars… or at least that’s what they all claim. The gold bars are part of their respective foreign currency reserves, which include all the usual fiat currencies like the dollar, the pound, the yen and the euro.

Click Here To Read More at Sprott.Com

Thursday, February 21, 2013

Panel moves to make gold, silver coins legal tender in Arizona


PHOENIX - Arizonans who fear the federal government will make their folding money worthless may soon be able to substitute privately minted gold and silver coins.
The Senate Finance Committee on Wednesday took the first steps to making such coins legal tender in Arizona. SB 1439 would give them the same legal status as the bills and coins authorized by Congress.
Nothing in the proposal by Sen. Chester Crandell, R-Heber, would force anyone to actually accept these coins as payment for any debt. Their use would be voluntary.

Friday, February 1, 2013

Welfare recipients take out cash at strip clubs, liquor stores and X-rated shops


They’re on the dole — and watching the pole.
Welfare recipients took out cash at bars, liquor stores, X-rated video shops, hookah parlors and even strip clubs — where they presumably spent their taxpayer money on lap dances rather than diapers, a Post investigation found.
A database of 200 million Electronic Benefit Transfer records from January 2011 to July 2012, obtained by The Post through a Freedom of Information request, showed welfare recipients using their EBT cards to make dozens of cash withdrawals at ATMs inside Hank’s Saloon in Brooklyn; the Blue Door Video porn shop in the East Village; The Anchor, a sleek SoHo lounge; the Patriot Saloon in TriBeCa; and Drinks Galore, a liquor distributor in The Bronx



Tuesday, January 29, 2013

U.S. Mint Silver-Coin Sales Rise to All-Time High in January 2013!

Sales of American Eagle silver coins by the U.S. Mint jumped to a record this month on increased demand for an alternative to currencies as the U.S. central bank presses on with unprecedented stimulus.

Sales surged to 7.42 million ounces so far in January, the biggest monthly total since 1986, when the Washington-based Mint began the transactions, Michael White, a spokesman, said in a phone interview yesterday. The figure compares with the 1.635 million ounces sold in December, according to mint data.
 
 

Friday, January 18, 2013

SLV Adds Record 572 Tons Of Silver In One Day, More Than In All Of 2012

Technically the addition of 572 tons, or a massive 18,378,092 ounces of physical silver, to the SLV ETF, in one day is not a record, as it excludes one amount which however was a year end rebalance at the end of 2007 offset promptly on the next day, but it certainly is the biggest one day addition of physical silver to SLV in ordinary course operations.

Click here to read more from Zerohedge.com

U.S. Mint halts sales of silver eagles as agency runs out of the precious metal

On Jan. 17, the U.S. Mint issued a letter stating that they have completely run out of silver American Eagle coins, and are suspending sales until the end of the month. This suspension comes after six million silver Eagles were sold since the beginning of the year, and at a time when precious metal sales are escalating in markets all over the globe.

Click here to read more from the examiner.com

Thursday, January 10, 2013

Chinese November Gold Imports Soar To 91 Tons; 2012 Total 720 Tons!!

It is time for the November update, and it's a doozy: at 90.8 tons, this was the second highest gross import number of 2012, double the 47 tons imported in October. China is on track to import more gold into Mainland through Hong Kong in 2012 than all of Japan's Central Bank Gold Reserves
(765 Tons).

Click here for more info. at ZeroHedge.com

Tuesday, January 8, 2013

US Mint Sells Massive 3.9 Million Ounces Of Silver Coins In First Few Days Of 2013, Triple December's Total

For the first week of 2013 the mint’s 2013 silver sales totals remained at 0 with production halted, but that changed quickly Monday, as the US Mint announced 3.937 million Silver Eagles were sold in a single day on Monday 1/7!

Click here to read more at silverdoctors.com

Thursday, December 20, 2012

Brazil Doubles Gold Reserves as Central Banks Buy Bullion


Brazil boosted gold reserves for a third month in November to double the country’s holdings since August as central banks from Russia to Belarus and South Korea add the metal to diversify their assets.
Brazilian holdings expanded 14.7 metric tons in November to 67.2 tons, the most since November 2000, according to data on the International Monetary Fund’s website. The country bought 17.2 tons in October after adding 1.7 tons in September, the first increase since 2008. Russia’s holdings increased 2.9 tons last month and Belarus’s reserves expanded 1.4 tons, the data show. Turkey pared holdings 5.9 tons and Mexico sold 0.1 ton.


Click here to read more at Bloomberg.com

Saturday, December 15, 2012

Deficit hit $172B in November, with US on path for fifth straight year topping $1 trillion!



The U.S. budget deficit unexpectedly increased in November, to $172 billion for the month -- pushing the country one step closer to the limit on government borrowing.
The Treasury said Wednesday the deficit last month was $22 billion more than the October mark and up from $137 billion in November 2011.



Click Here to Read more: http://www.foxnews.com

Americans donate $8 million to cut national debt!


The debate about the national debt has already paid off: Individual Americans pitched in nearly $8 million of their own money to help reduce it in fiscal 2012. That's more than double the total from the year before.

Donations for the national debt had averaged about $3 million a year since 2009. "So this is obviously a big jump," said Mckayla Braden, a spokeswoman for the Bureau of the Public Debt.

Friday, December 7, 2012

South Korea central bank bought 14 tonnes of gold in Nov



 By Christine Kim
    SEOUL, Dec 5 (Reuters) - South Korea's central bank said on
Wednesday it bought 14 tonnes of gold in November using its
foreign reserves in order to spread its portfolio risks, while
releasing data showing total reserves rose after talk of market
intervention.

   The Bank of Korea bought the gold for $780 million, the fourth purchase in about one-and-a-half years and lifting the proportion of gold in its total foreign reserves to1.2 percentfrom the previous 0.9 percent.

Click here to read more from Reuters.com
    

Wednesday, December 5, 2012

Lindsey Williams Reveals The Elite Agenda For America During The Next 4 Years!!

Pastor Lindsey Williams: Obama to Tax Middle Class into Oblivion! Pastor Lindsey Williams unveils the truth behind the elite plan for humanity and this planet... THE NEXT 4 YEARS... Released TUESDAY 4TH DECEMBER 2012!