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Category Archives: Financial
Sinclair – Swiss Bank Just Refused To Give My Friend His Gold
Today legendary trader Jim Sinclair stunned King World News when he revealed that a dear friend of his who is very affluent just had a Swiss bank refuse to return his large hoard of gold when he asked for it … Continue reading
Posted in Editorial, Financial
Tagged Gold, Jim Sinclair, Swiss, Switzerland
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Quote of the Day
Only a complete buffoon of economics, like Paul Krugman and his zombie followers, would ever believe that the price of real silver was $22.99 at any point and time last week. FACT #1: COMEX gold vaults were recently drained of 2 million … Continue reading
Gold Manipulation Is Over
Goldman Sachs’ manipulation of the gold market is over. Two objectives were met: 1. They made money from manipulating the market. 2. Governments in the East were able to buy gold at reduced prices. As did people. This also gave … Continue reading
Japan Steps into the Void
In the years following the global financial crisis, economists and investors have gotten very comfortable with very high, and seemingly persistent, government debt. The nonchalance may be underpinned by the assumption that globally significant countries that can print their own … Continue reading
Caterpillar Earnings, Revenue Fall Short; Slashes 2013 Outlook
Caterpillar posted earnings and revenue that missed Wall Street expectations on Monday, and cut its full-year outlook for 2013 to reflect a drop in demand for heavy equipment from its mining customers. After the earnings announcement, the world’s largest maker of … Continue reading
Posted in Financial
Tagged Caterpillar
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Swiss To Vote On Gold Repatriation – “Gold Is The Only Valuable Asset On The SNB’s Balance Sheet”
A few weeks ago, we wrote of the Swiss People’s Party’s efforts to gain enough signatures to force the Swiss National Bank (SNB), who ‘supposedly’ guarantees the price stability in Switzerland, to stop selling its gold reserves. This last week, as the … Continue reading
Posted in Editorial, Financial
Tagged Gold, Referendum, repatriation, Swiss, Switzerland
Comments Off on Swiss To Vote On Gold Repatriation – “Gold Is The Only Valuable Asset On The SNB’s Balance Sheet”
SWITZERLAND REVISES 1934 BANKING ACT TO ALLOW BAIL-IN DEPOSIT CONFISCATIONS!
The Swiss document begins by advising that the FINMA now has legal authority to confiscate depositor funds, thanks to a revision of the Banking Act of 1934, completed in 2011, as well as the revision of the Bank Insolvency Ordinance completed Nov … Continue reading
The Truth Rises – Coordinated Strikes Work Both Ways – May 1st 2013
httpv://www.youtube.com/watch?v=QGZ5f1G1Ep0 From YouTube: Fight back and buy Silver on May 1st 2013. Join our newsletter at http://www.soundmoneycampaign.com
A NEW PRICING STRUCTURE IN THE PRECIOUS METALS
Submitted By Bill Holter, Miles Franklin Ltd,: We woke up this morning to a “new pricing structure” in the precious metals and people are wringing their hands. The following article http://www.paulcraigroberts.org/2013/04/16/update-to-the-update-the-attack-on-gold-paul-craig-roberts/ by Paul Craig Roberts, (former assistant secretary to the Treasury) is a … Continue reading
BitCoin Exchange BitFloor Shuts Down
n an amusing development, one of the key alternative BitCoin exchanges, BitFloor, has just announced it is forced to shut down immediately. It is amusing, because one of the primary reasons attributed by the BTC pundits for the recent crash … Continue reading
Apple reportedly stops placing Mac component orders
Apple has reportedly stopped placing component orders for its Mac series products recently and related upstream suppliers so far have not yet received any word about when the US-based vendor will resume its orders, according to sources from the upstream … Continue reading
ODDS OF COMEX DEFAULT INCREASING EXPONENTIALLY
A ”default” can occur if too many longs stand for delivery.This very well could happen and the likelihood has risen in just the last 2 trading days as open interest has increased rather than decreased. If 10% of the longs stood … Continue reading
EU Common Criminals
httpv://www.youtube.com/watch?v=BfK3_kJ4z7k More…
Dr. William Black, The US Banking System is Absolutely Primed for the Next Meltdown
httpv://www.youtube.com/watch?v=RhWFoMEGpTI From YouTube: http://usawatchdog.com/felons-in-char… – Dr. William Black predicts, “The U.S. banking system is absolutely primed for the next meltdown. Dr. Black and others think, “There is pervasive fraud at the most reputable banks. . . . The U.S. financial system … Continue reading
Posted in Editorial, Financial
Tagged bank, Economic Collapse, meltdown, William Black
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European Stocks Plunge Most In Six Months
Europe’s ‘Dow’, the EuroStoxx 50, has suffered the biggest 4-day rout in 10 months as the broad Bloomberg 500 index plunged by the most in five months today amid terrible consumer, car registration, and economic collapse on the continent. DAX is at 4-month … Continue reading
Posted in Editorial, Financial
Tagged Euro, EurStoxx 50
Comments Off on European Stocks Plunge Most In Six Months