Category Archives: Financial

SILVER SPIKES THROUGH $35, GOLD SETS NEW 2012 HIGH, CARTEL PROMPTLY INITIATES RAID

Gold and silver are spiking on Thursday’s COMEX open, with silver finally taking out the cartel cap at $35, spiking through the level to $35.20. Gold cleared the $1780 cartel cap early in Thursday’s Asian session, and consolidated between $1785 … Continue reading

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Analysis: China’s currency foray augurs geopolitical strains

“It’s our currency and your problem,” U.S. Treasury Secretary John Connally famously said of the dollar in 1971. More than 40 years later, China is doing something about it. Fed up with what it sees as Washington’s malign neglect of the dollar, … Continue reading

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Hyperinflation Has Arrived In Iran

Since the U.S. and E.U. first enacted sanctions against Iran, in 2010, the value of the Iranian rial (IRR) has plummeted, imposing untold misery on the Iranian people. When a currency collapses, you can be certain that other economic metrics are … Continue reading

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MASSIVE GOLD SHORT SQUEEZE IMMINENT??

As we can see from the action in Sept 2011, right before gold went vertical, the commercial net short positions were at a peak. But, when the price moved up it caused a HUGE SHORT SQUEEZE, forcing the commercials to … Continue reading

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Here Comes A New Wave Of Market Manipulation

httpv://www.youtube.com/watch?v=KO730Ac_jPQ More…

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“Legalized Plunder of the American People” – G. Edward Griffin

httpv://www.youtube.com/watch?v=_WrMWK-FJzU

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Atwater, Next In A Tidal Wave Of California Municipal Bankruptcies

by Chriss Street Atwater, California, just admitted they did not have the cash flow to make a $2 million municipal bond payment due in November and may become the 4th local California government file for Chapter 9 municipal bankruptcy this year.  The … Continue reading

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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 … Continue reading

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CNBC HOST CLAIMS GOLD IS NOW IN A BUBBLE, HILARITY ENSUES

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PFG FOREX AND PHYZZ METALS ACCOUNTS RAPED – ANN BARNHARDT

POSTED BY ANN BARNHARDT – OCTOBER 1, AD 2012 8:46 PM MST Good grief, this is awful. But not surprising. And look who is doing the raping . . . JP Morgan with an assist by RBS.Just to be clear, … Continue reading

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Wall Street Equities Traders Face Worst Year Since 2006

Wall Street banks’ equities-trading units aren’t getting much relief from the strongest stock rally since 2009, as sinking volume and already thin margins threaten to make their annual performance the worst in six years. Third-quarter equities-trading revenue probably fell 14 … Continue reading

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Did People Miss the Stock Market Rally?

The following article from CNNMoney puts forth a theory that investors have missed the latest stock market rally. Really? A rally based on HFT and government POMO policy? No volume and reduced earnings? Or maybe people know a house of … Continue reading

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More Quantitative Easing => Gold and Silver Go Vertical

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Silver Lining: Buy Now

httpv://www.youtube.com/watch?v=_3wZasPSEEg Submitted by SD Contributor Ted Butler: In the true spirit of transparency and of honesty being the best policy, three weeks ago I wrote to each member of the board of directors of JPMorgan. Since my main intent is to see the … Continue reading

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WIDENING JPMORGAN CIO LOSS COULD BE NEXT ‘SHOCK’ EVENT

The market seems to have completely forgotten the fact that JPM’s massive CIO positions have yet to be closed.  Unfortunately for Mr. Dimon, at least $90 billion in potential losses remain, and the strategy of slowing unwinding the positions will … Continue reading

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