Thursday, September 19, 2013
Wednesday, September 18, 2013
25 FAST FACTS ABOUT THE FEDERAL RESERVE
As we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems. It is a system of money that was created by the bankers and that operates for the benefit of the bankers. The American people like to think that we have a “democratic system”, but there is nothing “democratic” about the Federal Reserve. Unelected, unaccountable central planners from a private central bank run our financial system and manage our economy. Click Here To Read More At SilverDoctors.Com
Friday, September 6, 2013
Gold Imports to China From Hong Kong Climb on Physical Demand!!
Gold shipments to China from Hong Kong increased in July as importers took advantage of local prices that were an average 2.1 percent higher than global markets and as mainland investors bought jewelry and coins.
Net imports, after deducting flows from China into Hong Kong, were 113 metric tons, from 101 tons a month earlier, according to calculations by Bloomberg. Mainland buyers purchased 129 tons in July, including scrap, compared with 113 tons in June, data from the Hong Kong government showed today.
Poland Nationalizes Retirement Accounts!
Reuters is reporting that Poland has just nationalized their retirement system via a pension fund “overhaul”, a move Poland claims will reduct is public debt by 8 pct of GDP thanks to the theft of their citizens retirement savings.
The plan calls for private pension funds to be forceably converted to a state guaranteed system, without providing retirement holders ANY COMPENSATION!
The Polish pension funds’ organisation said the changes may be unconstitutional because the government is taking private assets away from them without offering any compensation.
Click Here To Read More At Silverdoctors.com
The plan calls for private pension funds to be forceably converted to a state guaranteed system, without providing retirement holders ANY COMPENSATION!
The Polish pension funds’ organisation said the changes may be unconstitutional because the government is taking private assets away from them without offering any compensation.
Click Here To Read More At Silverdoctors.com
The Stock Market Tricks People Into Thinking That The Economy Is Recovering!!!!
The stock market may be hitting all time highs but the economy is not. With the Federal Reserve printing $85 Billion per month the money has to go somewhere and a lot makes it's way into the stock market. Don't be fooled by Wall street!!
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
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
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
Tuesday, July 30, 2013
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.
Click here to see full article.
Thursday, April 25, 2013
Lindsey Williams "I was so sick, I thought I was going to die"
Lindsey starts at 2hrs 25 minutes into the show
Thursday, April 18, 2013
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
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
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
Friday, March 1, 2013
Tuesday, February 26, 2013
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
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
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
Tuesday, December 18, 2012
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