Friday, April 19, 2019

Silver to $25 in 2019, and That's Just the Beginning

Chris Vermeulen, founder of TheTechnicalTraders.com, joins me for a discussion centered around what the charts have to say about the future of silver and gold in the next 12 months.

- Source, Silver Fortune

Thursday, April 18, 2019

Top 10 Reasons I Buy Gold and Silver

When the average investor thinks about gold, they may view it as an inflation hedge. Or maybe as crisis insurance. Or perhaps solely as a portfolio diversifier. 

These are all good reasons to own gold—but those are always good reasons to buy precious metals. 

Mike Maloney’s reasons to own gold and silver at this point in history are very different than what passes as standard arguments. 

Given the monetary and economic risks present today, and the types of crises Mike believes are coming, he wanted to share his personal reasons with everyone. 

And he has a brand new video that details them. They center around a perfect storm of worldwide trends that are set to explode simultaneously and push gold and silver into hyper-bubbles.

- Source, Mike Maloney

Tuesday, April 16, 2019

Silver and Gold: It's About Liberty, Not Just Wealth Preservation

Name another asset that has the qualities that silver and gold possess in their ability to opt out of the system.

- Source, Silver Fortune

Friday, April 12, 2019

Liberty Under Attack: Gold and Silver Fall?!

On a day like today, the irony of gold and silver losing key psychological support levels is beyond ironic, it is ludicrous.

Unless you are living under a rock, then you will of heard that after seven years of hiding out in the Ecuadorian Embassy, Julian Assange, the founder and head of Wikileaks was forced out of asylum and arrested by the UK government.

(Image Source, via Ruptly)

This move, which has been highly anticipated for days caused a sudden and almost immediate flood of emotions, with some supporting the move and others screaming out in rage and shock, as they watched a disheveled Assange being dragged out of the Embassy and thrown into an awaiting police vehicle.

His appearance once again raised concerns of his well being and health, as many of his supporters have raised the issue of the damage being done on his mental health over the last seven years of being confined.

This concerns appeared to be valid, as Julian Assange without a doubt looked absolutely horrible.

Whether or not you support Julian Assange and Wikileaks as a whole likely depends on the way the political winds are currently blowing.

I remember well the entirety of the Assange saga and the work that Wikileaks has done throughout the years, exposing such things as the "Iraq War Logs" and the "leaked State Department cables".

These two very prominent leaks by Wikileaks exposed a deep level of corruption within the US government and thus he became a massive enemy of the United States bureaucrats and the deep state.

The first major leak made Assange a hero of the left, as it greatly damaged President Bush and the Republican party of the time, exposing the violent acts of torture that the military was committing overseas.

The second major leak saw the political winds change, blowing them in another direction. 

Turning the left who once idolized him, against him.

Meanwhile, since Obama was in office and it made the Democrats look negative, Republicans began to embrace Wikileaks with open arms.

This flip flopping of support for a journalistic organization that has proven itself to not be partisan should make anyone that has done so hang their heads in shame. 

Whether or not you believe or don't believe the allegations against Assange in his personal life, is up to you, however, the organization of Wikileaks itself has proven that they are only loyal to liberty and not a political party.

The truth should always be embraced.

Returning to my opening statement, it is therefore with cynical humor that I watch the ticker symbol of both gold and silver bullion trend lower throughout today's breaking news.

This news, no matter what you believe, is overall being heralded as an attack on liberty and the freedom of truth, as it is without a doubt that it was largely politically motivated.

Gold and silver which represent the embodiment of free, honest money, should be soaring higher as they watch this government crackdown unfold in real time.

Instead, we have the exact opposite, in which they have both lost important support levels, with gold falling below $1300 USD per ounce, and silver falling below $15 USD per ounce.

Sadly, it appears that today is not only finding liberty on sale, but also gold and silver as well.

However, as does truth and liberty always prevail in the end, despite how many setbacks they may face, so too will gold and silver bullion ultimately break free of their restraints and ultimately move higher.

Who's Worse: Julian Assange or the New York Times and Washington Post?

WikiLeaks founder Julian Assange speaks at the Ecuadorian embassy after Swedish prosecutors drop rape inquiry against him on, London. May 19th, 2017 (Matrix/MediaPUnch via AP)

The arrest of Julian Assange by British authorities was met with nearly unanimous hosannas by U.S. politicians who gave their requisite soundbites cum gravitas on Capitol Hill Thursday. The self-styled journalist, they almost all said, should be extradited to the U.S. as quickly as possible to face the proverbial music for having exposed state secrets of our country — or at least the Democratic Party. Well, not exactly that — more accurately for having conspired with former U.S. intelligence analyst Chelsea Manning to download classified databases, a legal distinction.

Ironically, not a peep has been heard from the same people (or almost anybody for that matter) thus far about another recent egregious misuse of journalism that resulted not in arrests but in the awarding of its most famous prize, the Pulitzer. As Beth Baumann noted for Townhall:

Let's not forget that The Washington Post and The New York Times won the 2018 Pultizer Prize for their national reporting of President Donald Trump's alleged collusion with Russia. They were awarded $15,000 in a joint prize.

The "award winning" journalists include Maggie Haberman, Jo Becker, Matt Apuzzo and Mark Mazetti from The Times and Rosalind Helderman, Tom Hamburger, Ellen Nakashima, Adam Entous and Greg Miller from WaPo.

They received the award "For deeply sourced, relentlessly reported coverage in the public interest that dramatically furthered the nation’s understanding of Russian interference in the 2016 presidential election and its connections to the Trump campaign, the President-elect’s transition team and his eventual administration. (The New York Times entry, submitted in this category, was moved into contention by the Board and then jointly awarded the Prize.)"

Deeply sourced? What a laugh. As we now know post-Mueller report, these "respected" journalists were simply trafficking in collusion lies whispered to them by biased informants. In other words, they were a bunch of gullible, over-zealous propagandists. For that they received their Pulitzers, as yet unreturned, needless to say (just as the Pulitzer for Walter Duranty still hangs on the New York Times' wall despite decades of pleas from Ukrainians whose countrymen's mass murder by Stalin was bowdlerized by Duranty)...

Thursday, April 11, 2019

Is Your State a Second Amendment Sanctuary?

You have good reason to be concerned that coming unconstitutional federal laws are going to strip you of your second amendment rights. 

Constitutional scholar Edwin Vieira returns to Reluctant Preppers to discuss the breaking national rebellion of cities, counties and states rising up against tyrannical overreach by the federal government.

BREAKING: Julian Assange Arrested In London

Wikileaks founder Julian Assange's nearly seven year stay in the Ecuadorian embassy in London has finally come to a disastrous end. After Wikileaks warned last week that Ecuador was preparing in revoke Assange's asylum based on the claim that he violated its terms, Assange was ousted on Thursday morning, and is now in the custody of British police.

He will likely face extradition to the US, after a sealed indictment against him were accidentally revealed last year. Wikileaks accused Ecuador of illegally terminating Assange's asylum, adding that the Ecuadorian ambassador invited police inside the embassy to take Assange into custody.

In a tweet published moments ago, Ecuadorian President Lenin Moreno said that Assange's "discourteous and aggressive" behavior, as well as "hostile" acts committed by Wikileaks, pushed Ecuador to revoke his asylum. Moreno cited Wikileaks' publication of sensitive Vatican documents earlier this year as the straw that finally broke the camel's back. Members of the organization purportedly visited Assange in the embassy after the leak, apparently substantiating suspicions that Assange was still in charge of the organization.

Furthermore, Moreno declared his asylum "unsustainable and no longer viable" because Assange had repeatedly violated "clear cut provisions of the conventions of on diplomatic asylum."

Following reports last week that the termination of Assange's asylum was imminent, a UN envoy on torture warned Ecuador that revoking Assange's protection would be a violation, since he could face "torture" and mistreatment should he be extradited to the US. Assange's relationship with his host had become increasingly strained over the past year. Last year, Ecuador briefly revoked some of Assange's "privileges", including access to the Internet, over his 'poor hygiene habits', the #INAPapers about offshore money laundering, implicating the Ecuadorian president in a corruption scandal.

The expulsion comes just a day after Wikileaks held a press conference accusing Ecuador of carrying out an "extensive spying operation"on Assange and handing intel over to the British and American authorities.

- Source, Zero Hedge

Tuesday, April 9, 2019

Trump is Right to Blow Up the FED

Last week, President Donald Trump set the economics community aflame by suggesting that he will appoint businessman and presidential aspirant Herman Cain to the Federal Reserve Board. Even more than political economist Stephen Moore, the critics maintain, Cain represents a threat to the cabal that has controlled the central bank for decades.

Why? Because Cain is a successful executive who founded a real business, took risks, and created jobs, things most academic economists will never ever do.

Media outlets and other allied constituencies have howled with rage at the prospect of President Trump “packing the Fed,” a distant reference to attempts by President Franklin D. Roosevelt to pack the Supreme Court in the 1930s. Those worried about the independence of the Federal Reserve Board should reconsider. Independence from what exactly?

While the Fed is meant to be independent from the executive branch on a day-to-day basis, it is certainly not independent of Congress or the law. Yet the Fed in recent years has shown a troubling tendency to deviate from its legal mandate and make up new authorities to fit the changing economic situation. Case in point: the dubious notion that we should seek a 2 percent rate of inflation.

Anybody who cares to read the 1978 Humphrey Hawkins law will know that the Fed is directed by Congress to seek full employment and then zero inflation. Not 2 percent, but zero. Yet going back a decade and more, the Fed, led by luminaries such as Janet Yellen and Ben Bernanke, has advanced a policy of actively embracing inflation. And neither Bernanke nor Yellen bothered to consult Congress when they decided to discard their legal responsibilities.

Quantitative easing, to take another example, represents a vast inflation of the financial markets and housing, yet Fed officials actually appear in public and talk about the conundrum presented by “low inflation.” The inflation in home prices that occurred during and after the Fed’s purchase of trillions in securities has permanently raised the price of housing in many parts of the country, preventing millions from purchasing homes. Yellen confesses to be “perplexed” by the dearth of home purchases by young families, but she is the cause of the malady.

Not only are these pro-inflation policies in violation of the letter of the Humphrey Hawkins law, but they have contributed to increased volatility in the financial markets. The third and frequently forgotten mandate in the Humphrey Hawkins law commands the Fed to employ policies that will produce “stable interest rates.” But the economists have long since stopped talking about this.

The basic problem with the Fed today is that it has gradually fashioned a new set of rules for itself, particularly since 2008, on which Congress has never been consulted. In the same way that economists use their imaginations to concoct new theories about economic behavior, the Fed board has apparently decided to take up legislative powers as well. Is the Fed meant to be free of any real-world restraint on its actions?

Monday, April 8, 2019

John Rubino: The Next Recession Could Blow Up Financial Markets, For Good

Financial Writer John Rubino says, 

“It is possible that a garden variety one year recession would blow-up the financial markets. 

That’s the stuff that they are hearing (in the White House) that is terrifying.

There are probably older and wiser people whispering in Trump’s ear who are saying the next equities bear market might be the end of the financial world for us.

They are so worried, they are will to experiment with monetary policy again in order to prevent the crash that could make them this generation’s Herbert Hoover.”

- Source, USA Watchdog

Saturday, April 6, 2019

China & India Help Propel Global Gold Demand to Four Year Highs

The trend towards precious metals, most notably gold bullion continues onward, with a recent report from consultancy firm Metals Focus predicting that the world as a whole will consume 4,370 tonnes of gold throughout 2019.

This is a very positive development for precious metals advocates indeed, as this would mark the highest level of consumption for the yellow metal since 2015.

As of late, this trend has been largely driven by eastern central banks, such as Russia, China, Turkey and a few select others, of which I have reported on extensively over the past year.

These central banks, that are wise to what is unfolding in the world are going to continue to play a major role in driving the demand for gold bullion higher, however, now as is being reported, consumer demand is returning in a major well, adding yet another pillar of demand.

This consumer demand is coming in the form of gold jewelry, of which India and China are heavily buying once again.

It is expected that gold jewelry demand will increase by 3% this year in China and 7% in India.

These two countries continue to be the largest purchasers of physical gold jewelry, but what many are unaware of is why these countries continue to purchase this asset.

In the West, jewelry is often bought as a luxury good, a novelty and not as a form of investment.

In countries such as China and India, along with many others, gold bullion in its bar and coin form are of course purchased, but what many may be unaware of is that physical jewelry is a commonly purchased investment asset as well.

The reasons for this are many, but one thing that is undeniable is the fact that precious metals jewelry is a much more convenient and easier way to move your assets in a time of need, as it can simply be worn by you and your family members.

Take these two scenarios into consideration;

1) You attempt to board a flight to another country with a stack of gold coins in your possession. 

2) You attempt to board a flight wearing a .999 gold necklace.

One is considered a fashion accessory in many countries, the other is looked at as money. One is more likely to go unnoticed, the other is highly likely to raise red flags.

Both in reality are money, but which is more likely to be confiscated? I think you know the answer. 

With both central banks and jewelry demand picking up, the last pillar that will ultimately drive gold to new heights is undoubtedly going to come. 

Investment demand in the West is already picking up among the "smart money" crowd, as they can see the writing on the wall and can see what is coming for the global economy.

We stand on the precipice of a major economic global correction, whether it be started by the madness that is erupting in Venezuela, or the chaos that continues to unfold around BREXIT.

Perhaps it will come from within the United States, as we head into the 2020 election, of which I am predicting to be both bloody and vicious, in both a literal and figurative sense.

Total demand for gold bullion is expected to be 4,370 tonnes this year, which is very significant in its own right. 

However, I believe as we move forward and as things continue to unfold across the globe that this is going to look small in the not too distant future.

The trend towards precious metals continues onward. 

It is only a matter of time before physical demand overwhelms the fraudulent fiat paper gold price markets and breaks free to new highs, leaving these suppressed prices as nothing more than a fleeting memory.

Keep stacking.

- Source, as first seen on the Sprott Money Blog

Friday, April 5, 2019

Alex Newman: Crazy Democrat Party Now Showing True Colors

There is no hiding the outrageous open borders and baby killing policies of the now far left Democrat party. Journalist Alex Newman says, “The crazy is now coming out of the closet. That’s why they want the open borders. 

They know they have lost the American people. They are now coming out of the closet with this kookiness. 

They kill babies, they praise a communist cop killer. We knew this was the Democrat party. We knew that the elites held these crazy views, but the public at large didn’t. Now, they are revealing their true colors.

Democrats have now become a threat to the survival of our republic as a free republic. They have become a threat to the survival of our Constitution and our liberties. 

It’s win or lose right now. That is the situation they are in. If they don’t succeed this time around, I think they realize too many people are going to wake up, and they are going to be in major trouble. 

So, they are just going for it all the way right now--full stop. 

It really is a fight to the finish, and I think they are hoping with voter fraud, illegal immigration and brain washing of the kids, they can still pull this off. 

The reality is people are waking up in huge numbers, and they can’t contain it anymore, even with censorship of the internet.

People are hungry for the truth, and people know they have been lied to.”

- Source, USA Watchdog

Thursday, April 4, 2019

Dave Janda: Treasonous Globalists Want to Destroy and Loot America

Dr. Dave Janda of the popular radio show “Operation Freedom” says, “This is a huge awakening project for the American public.

There has to be a huge awakening of the public. The public has been propagandized for decades, and the first part of bringing down that facade was labeling the mainstream media (MSM) as being fake. 

The MSM was all involved in treason and sedition. They were all involved in propagandizing the public, and they are all part of the problem.” 

Dr. Janda says the real end goal of the globalists is to destroy America and loot it in the process. 

Dr. Janda explains, “Yes, because we were the speed bump to the globalists’ goal and objective of a New World Order, a One World Government and complete control.”

Wednesday, April 3, 2019

Bitcoin Bursts Above $5,000 As Crypto Melt Up Continues

Bitcoin Cash is up over 100% in the last 24 hours, Litecoin up 60% and Bitcoin and Ethereum up 25%.

Bitcoin has broken back above $5000 and pushed to new cycle highs...

The broad Cyrpto market capitalization has risen around $40 billion in the last 24 hours...

As for other altcoins, CoinTelegraph notes that all major currencies except Maker (MKR) and Tezos (XTZ) are in the green and seeing moderate to visible gains in the last 24 hours. Bitcoin Cash (BCH) has jumped to over $280, showing gains of around 50 percent. Another major winner is Litecoin (LTC), gaining over 20 percent within a day and trading at $84.

Dogecoin (DOGE), recently promoted by Tesla’s Elon Musk as his favorite coin, has seen over a 30 percent rise in price following the entrepreneur’s tweet.

The major market recovery, which started late April 1, has been widely discussed both in the crypto community and financial world. Most of the crypto insiders state that there is no particular reason behind the leap, and that all of the explanations are currently speculatory.

For instance, Binance’s CEO Changpeng Zhao, most known as CZ, admits that he’s “clueless” about the real causes of what is happening, while Bloomberg author Eric Lam also believes that there is no definite answer.

Ikigai founder and a former Point72 Asset Management executive, Travis Kling, called the recent Bitcoin price surge “nail in the coffin.” King made his remarks during an interview with Yahoo Finance on April 2. He said:

“The likelihood that we’re going to retest the lows of mid-December has materially diminished over the last seven weeks. And then, with the price action last night, I think it’s pretty safe to say that there’s about as close to a nail in the coffin as you can have in terms of feeling good about the bottom being in for this crypto market. Never say never, but it would take a massive shift in the appetite for risk assets globally for us to go retest the lows or make new lows for the crypto market now.”

Gold Moves to Tier 1: What's Next?

​The latest Basel-III policy announcement by the Bank for International Settlements (BIS) officially recognizes gold as a Tier-1 asset like cash as of 4/1/2019. 

Why are the banks now positioning themselves to acknowledge physical gold as money, and what does this signal for what is coming next? 

What are the immediate and future impacts to you and your preparedness? 

Bewildered about whether to invest your war chest in selected stocks, hold onto cash, buy precious metals, or run for the hills? The answer may be a layered approach...

Tuesday, April 2, 2019

Former Fed Insider: Now Is A Pivotal Time For Investors To Seek-Out The Protection Of Gold

Danielle discusses why it’s important that people understand the way central bank policies affect their lives.

Her book reveals how the Fed has lost its way due to creating monetary policy based on market patterns and politics instead of economic metrics. The Fed is increasingly becoming backed into a corner ever since the money printing of 2008 with the introduction of “Zero Interest Rate Policies” and “Quantitative Easing.”

Now the Fed has again become dovish over seemingly small corrections occurring in the markets.

- Source, Palisade Radio