Submitted by cpowell on Wed, 2020-07-08 02:39. Section:10:41p Tuesday, July 7, 2020Dear Friend of GATA and Gold:The imminent collapse of the fractional-reserve gold banking system is the primary topic of a discussion between London metals trader and Kinesis Money founder Andrew Maguire and GATA consultant Harvey Organ, a student of the gold and silver markets for 50 years.They review:-- Organ's lifelong interest in the monetary metals.-- His association with U.S. Commodity Futures Trading Commis...

Today Alasdair Macleod warned a major crisis for $37 billion Comex gold shorts may be triggered by a historic panic in the banking sector.A Potential Crisis In Comex GoldJuly 7 (King World News) – Alasdair Macleod:  We are all used to the bullion banks covering their shorts on Comex by waiting until the speculators are over-bullish and vulnerable to mark-downs that trigger their stops. Algorithmic traders go from long to short in a heartbeat as well, and they dump contracts into a falling market...

 Have Americans finally reached their breaking point?by Mac Slavo of SHTFplanAmericans are losing patience with the lies, propaganda, and destruction of their livelihoods since following the orders of the totalitarian government.  It looks like the government has overplayed its hand, and Americans are done obeying the ruling class.Have Americans finally reached their breaking point? Do they actually desire freedom over the false sense of security being promised by the government?  Maybe. It appe...

Submitted by cpowell on Wed, 2020-07-08 00:30. Section:8:30p Tuesday, July 7, 2020Dear Friend of GATA and Gold:GoldMoney research director Alasdair Macleod writes tonight that it seems increasingly difficult for bullion banks to cover their short positions in gold futures in New York.Macleod writes: "The August active contract runs off the board at the end of this month and bullion banks are likely to be forced into large delivery volumes again. Furthermore, the exchange for delivery arbitrage f...

“…this game is falling apart this year…”by Bix Weir of Road to RootaJuly Comex silver deliveries continue to make it the biggest delivery month in recorded history…but SEPTEMBER is shaping up to be EVEN BIGGER!

Submitted by cpowell on Tue, 2020-07-07 23:57. Section:7:58p Tuesday, July 7, 2020Dear Friend of GATA and Gold:Gold's rising price closely correlates with the trend toward negative real interest rates, the TF Metals Report's Craig Hemke explains today in commentary at Sprott Money.Hemke writes: "If gold's primary competition as a Tier 1 asset is a U.S. treasury bond, and if that treasury bond now comes with a negative, inflation-adjusted return -- then suddenly your non-edible pet rock looks pre...

When there’s “no limit” on how many bonds the Fed can buy, many elderly will be forced to make tough choices, and America’s youth don’t even get a choice…(by Half Dollar) Some people think the Fed should be designated a Domestic Terrorist Organization and rightly brought to justice.Especially when we read stuff like this, from Reuters (bold added for emphasis and commentary):“We have a lot of accommodation in place; there’s more that we can do, there’s more that we will do,” Clarida told CNN Int...

Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to…by Stewart Thomson of Graceland UpdatesJuly 7, 20201.   Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.2.   Please click here now.  Double-click to enlarge.  Silver bullion investors prospered during the denarius dilution that was orchestrated by the Roman “C...

The present market insanity reminds me of the similar mentality of Americans right before the 1929 stock market crash and the pre-1999 Tech Bubble.  However, the big difference today is that technology has destroyed the ability of investors to understand the meaning of VALUE.  The notion that technology makes the world better fails the test of time, especially when you read Joesph Tainter’s book, THE COLLAPSE OF COMPLEX SOCIETIES.The new generation of millennials and even the baby-boomers have f...

When it comes to medications, 90 percent of drugs in America are imported, and perhaps not surprisingly, most of them come from China…by Isabelle Z via Natural NewsTrump executive order to require drugs be made in the U.S. is reportedly imminent(Natural News) An executive order is reportedly being prepared by the White House that will require that certain essential drugs are made within U.S. borders – and it’s a move that feels long overdue to many who are concerned about the country’s concernin...

This can’t end well, plus another all-time record.July 7 (King World News) – Gregory Daco, Chief US Economist at Oxford Economics:  Not paying rent…WOW: This Can’t End WellTo learn about one of the most exciting silver plays inthe world click here or on the image belowNew RecordConcentration in SP500 reaching new record (see below).ALL-TIME RECORD:More Concentration In 5 Largest Stocks In History!***To listen to one of the most important interview of 2020 click here or on the image below.One Hel...

If Peru’s mining industry totally recovers for the remainder of the year, the country’s silver production will not be able to make up the losses from… by Steve St Angelo of SRSrocco ReportThe world’s second-largest silver producer saw its mine supply fall by one-third due to lockdowns stemming from the global contagion.  When the Peru Ministry of Mines released its metals production figures last month for April, the country’s domestic silver mine supply fell by a stunning 74%.Then on July 3rd, P...

Podcast: Play in new window | DownloadTo maintain the current financial system, money creation has exploded. This leads to massive price inflation & shortages, both of which have already begun…Rob Kirby of Kirby Analytics interviewed by Half Dollar of Silver DoctorsTo keep the current financial system functioning, money creation has exploded. This leads to massive price inflation and shortages, both of which have already begun…Rob Kirby stopped by Silver Doctors on July 7th, 2020, for a robu...

The COVID-19 pandemic has torn the veil off what we can now can call a “fiat” market. It has stripped away all pretense of a true market…by Yazid Suleiman via MisesThe COVID-19 pandemic has torn the veil off what we can now can call a “fiat” market. It has stripped away all pretense of a true market. Governments and central banks now create both supply and demand. Bailouts and subsidies are handed down so that zombie corporations can produce on the one hand, while welfare, universal basic income...

Nothing can stop this derailing train…submitted by J. Johnson via JS MinesetGreat and wonderful Tuesday Morning Folks,     Precious Metals are rarely allowed a follow thru day after a nice and positive move up is made like yesterday, with Gold now at $1,784.20, down $9.20 after hitting a low of $1,781.20 with the high so far today at $1,797.60. Silver is leading us lower, as usual, with the trade at $18.31 down 27.2 cents after hitting the London low of $18.235 with the high up at $18.68. The US...

Even some of the most exalted historical figures, including Lincoln, were highly imperfect. Nobody’s legend ever survives real scrutiny…by Simon Black of Sovereign ManWell, we knew it was bound to happen sooner or later.Last week a handful of students at the University of Wisconsin-Madison called for a statue of Abraham Lincoln to be removed from the campus.Unlike other more ‘controversial’ Lincoln statues that portray him breaking the chains of slavery, this one simply shows Lincoln sitting in ...

Submitted by cpowell on Tue, 2020-07-07 15:46. Section:11:46a Tuesday, July 7, 2020Dear Friend of GATA and Gold:USAGold's July newsletter, written by proprietor Mike Kosares, notes gold's unusual strength during what are supposed to be its summer doldrums. The newsletter also reports the growing belief in gold's prospects among major investment banks. "Gold," Kosares writes, "has had a very good year and it's only half over."The newsletter is posted in the clear at USAGold here:https://www.usago...

¿Plata O Plomo? Liberty or death. New Q proof. Justice IS coming… by Sean from SGTreportThe post SILVER OR LEAD, POTUS & Q PROOFS appeared first on Silver Doctors.

Look at what has turned bullish, plus one hell of a breakout.COMMODITIES WILL SURGE: Asia Has Turned BullishJuly 7 (King World News) – Peter Boockvar:  In my comments yesterday on the China stock move and Asian stocks generally, I made the bull case for them in the coming 10 years because of the growth potential, the poor performance over the past 10 years and attractive valuations. Today I wanted to include a chart of AAXJ, the ISHARES Asia stock index ex Japan and you can see its essentially d...

It appears that we have now entered a new era of rioting & violence in America. Many of our major cities already resemble war zones, and what…by Michael Snyder of The Economic Collapse BlogWhat we are witnessing all over the country right now is incredibly sad.  In the aftermath of the tragic death of George Floyd, it would have been wonderful to see the entire nation unite behind an effort to make our society less violent, more just and more peaceful.  But instead, we have seen a tremendous...