zman wrote: I thought Greece was going to blow up the global financial system and gold soars to the moon!!! Yet, today gold trades at $1155 and silver at $15, looks like the "gold bugs" missed another call, what else is new?
I thought Greece was going to blow up the global financial system and gold soars to the moon!!! Yet, today gold trades at $1155 and silver at $15, looks like the "gold bugs" missed another call, what else is new?
Thanks to your counterfeiting confederates, PMs are still a Gift Horse this week!
Gold Eagle Sales Surge Due To Financial Turmoil
"Something quite interesting took place on Friday last week. The U.S. Mint updated its figures showing sales of its Gold Eagles surged to a level not seen for more than a year.
When the U.S. Mint updated their figures on Monday, July 6th, Gold Eagle sales jumped to 21,500 oz… the same amount sold during the entire month of May. Over the next few days and after the suspension of Silver Eagle sales, Gold Eagle sales reached a total of 30,500 oz.
Then on Friday, the updated their figures to a stunning 65,500 oz. In just the past few days, 35,000 oz of Gold Eagles were sold:"
Iran, World Powers Have Reached Nuclear Agreement
No doubt Oil will drop to 10 Clownbux per barrel, and gasoline to .50 a gallon now RIGHT?
Banks face new legal action over forex manipulation
U.S. Treasury chief heads to Europe for talks on Greece
U.S. Treasury Secretary Jack Lew will travel to Frankfurt, Berlin and Paris over the next two days for talks with top finance officials on the situation in Greece, the U.S. Treasury said on Tuesday.
The Treasury said Lew would meet with European Central Bank President Mario Draghi on Wednesday in Frankfurt before heading to Berlin for a meeting with German Finance Minister Wolfgang Schaeuble on Thursday. Later the same day, he will head to Paris to meet with French Finance Minister Michel Sapin.
"In his meetings, Secretary Lew will engage with his counterparts on the global economy as well as discuss the path forward for Greece within the euro zone," it said.
So Greece isn't important huh ? CDS don't matter. Everything's fixed huh ?
The games continue
The ‘Greek Debt Deal’ Is Already Starting To Fall Apart
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted extensive debt relief. This is something that the Germans and their allies have resolutely refused to do.
Tsipras Prepared to Replace Dissident Cabinet Members
Sources close to the prime minister say he is determined to take drastic measures against dissidents. They say that he will ask for the resignation of any cabinet member who opposes the prime minister’s decision.
The majority of SYRIZA lawmakers have sided with Tsipras reiterating the notion that whoever goes against the agreement must resign. SYRIZA parliamentary representative Nikos Filis stated on ANT1 television that those who are against the party line must resign.
As for the fake news causing a pump and dump, thst is just a disaster waiting to happen. Machines are running the show and just act in nanoseconds on any old crap headline etc.
Economic warning lights flash | Short View
Zero days - security leaks for sale (VPRO Backlight)
Looks like another strong day for Mr.Dollar, now trading over 97 on the Dollar Index. It also looks like another poor day for the PM's with gold breaking down below $1145 oz and silver at $15 oz.
Before anyone says it's just paper manipulation, look at oil now trading down to $52.
When will gold test the $1000 oz level? I think we see it by Sept-Oct. time frame.
Re machines are running the show.
The blogging algorithm formerly known as Zman. One would be forgiven for thinking it is a real person.
However, the 100% consistency of only appearing when Gold has a down day...
I do not know what he posts about as he is on ignore, but algos being algos...
lol....let's just hope he stays over at Pailin's corner where he recently posted. He's found similar minded folks there.
interesting read if you have 5 minutes
It is interesting that what everyone seems to be focusing on now is more aimed at when (i.e time) rather than anything now. The shift is subtle and mostly unnoticed by many and still in its early stages.
As I have said before, most here are only talking about usd/gbp etc.....I'm perfectly happy with my choice of insurance (as apart from other investments etc) as it it has done its job of providing me with peace of mind for beautifully balancing everything else in my life out in yen......
Fuel for the stock bulls and PM bears
JULY 15, 2015
Monetary Policy and the Economy
Congressman Duffy's interaction w/ Yellen @
1:12:45 Mark through 1:18:25
Must be one of those "further develop(ing) tactics, techniques and procedures for emerging concepts in Special Operations warfare,"
"All we want to do is make sure our guys are trained for combat overseas. That's it,"
Lieutenant Colonel Mark Lastoria,
U.S. Army special ops drills begin under cloud of Texas suspicion
zman wrote: Looks like another strong day for Mr. (G. IOU a) Dollar, now trading over 97 (Farts) on the (Counterfeit Fiat Dollar IOU Diaper Currencies ) Index.
Looks like another strong day for Mr. (G. IOU a) Dollar, now trading over 97 (Farts) on the (Counterfeit Fiat Dollar IOU Diaper Currencies ) Index.
Do tell your comrades for us, THANKS FOR THE CHEAP PMs!
What a load of 100 % Bull Sh*t:
Why The Federal Reserve Worked During the 1930s
Posted on July 15, 2015 by Martin Armstrong