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India's banks still dragging their feet with gold monetization scheme

By Sutanuka GhosalThe Times of India, MumbaiFriday, May 27, 2016 http://economictimes.indiatimes.com/industry/banking/finance/banking/ban... KOLKATA, India -- The Gold Monetisation Scheme remains a non-starter seven months after its introduction as most banks are yet to enter an agreement with collection centres and refiners, two players in the chain said. The scheme aims to unlock 22,000 tonnes of idle gold lying with Indian households and reduce the country's dependence on imported gold. Banks...
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Miramont Prepares Phase 1 Drill Program

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LBMA chooses tech firms for new trade reporting

London Gold Market Boosts Transparency with New Platform By Henry SandersonFinancial Times, LondonWednesday, October 12, 2016 The London Bullion Market Association, which oversees the city's $5-trillion gold market, has named the financial technology firms that will run its electronic platform in an effort to bolster trading transparency for the precious metal. Starting in the first quarter of next year, physical gold trades by LBMA members will be reported to a platform run by Boat Services, a ...
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Sprott Money News Weekly Wrap-up - 5.11.18

Is your network connection unstable or browser outdated? Original linkOriginal author: Sprott Money
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The Two Most Important Reasons To Invest In Gold & Silver

“While one of the reasons to own precious metals is understood by many in the alternative media community, the more important critical factor is not…” by Steve St Angelo of SRSrocco Report As the markets and financial system continue to be propped up by an ever-increasing amount of debt and leverage, precious metals investors need to understand the two most important reasons to invest in gold and silver.  While one of the reasons to own precious metals is understood by many in the alternative me...
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City Passes First US Bitcoin Mining Ban After Mining Consumes Too Much Of The City’s Electricity

“The State of New York is already fighting…Thursday took action to stop miners from taking advantage of the cheap hydroelectric power…” from Zero Hedge In sleepy upstate New York, one small post-industrial city has adopted what’s widely believed to be the first bitcoin mining ban in the US. On Thursday evening, the city council in Plattsburgh New York voted unanimously to impose an 18-month moratorium on bitcoin mining, per Motherboard. As we pointed out earlier this month, two large-scale bitco...
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Hacked Texas Billboards Target Both Donald Trump and Hillary Clinton

image0 views Home » Headlines » World News » Hacked Texas Billboards Target Both Donald Trump and Hillary Clinton A group calling itself New World Hackers has been taking over billboards along Interstate 30 in Dallas. Like myself, the group seems to dislike both the Democratic and Republican candidates for President, Donald Trump and Hillary Clinton. Submitted by Michael Krieger: Newsweek reports: Electronic road signs in Texas have been targeted by hacker...
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Global ELITE Are BUYING GOLD — Marin Katusa

gold182 views Home » Gold » Gold News » Global ELITE Are BUYING GOLD — Marin Katusa This is not something you’re going to read in the Wall Street Journal…   1 oz Silver Superman S-Shield Intro Pricing! Numbered Rim, Only 2,500 Minted! This entry was posted in Gold News and tagged buying gold, SGTreport. Bookmark the permalink.
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Not Nukes But Weaponized Economics: WWIII Will Be An Economic War

Brandon Smith says “there are much more precise and effective weapons than nukes in the arsenal of the establishment globalists that manipulate…” by Brandon Smith via Alt-Market There is a mass delusion in the mainstream created I think in large part by too much exposure to movie fantasy and TV fiction. It is an immediate assumption; one that I believe is far more dangerous than many people give it credit for. The assumption is that the next great war, should it occur, will inevitably be a nucle...
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Silver Supply Watch: Worlds Largest Silver Mines Suffer Declining Productivity And Rising Costs

The physical silver supply may soon come under pressure as productivity falls and costs of production rise in the worlds largest silver mines. Here’s more… by Steve St. Angelo of SRSrocco Report WORLD’S LARGEST SILVER MINES: Suffer Falling Ore Grades & Rising Costs The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs.  Gone are the days when silver mines could produce silver at 15-20 ounces per ton.  Today, the Pri...
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Grasshopper Nation: Will You Be Able to Help Those Who Aren’t Prepared?

Caption ContestWhen the Global Financial Collapse arrive, Whom will you help? And how much will you be able to… Submitted by Adam Taggart: Take a moment to reflect on all the people you care about who aren’t reading this article. Or sites like this, which wrestle with the implications of limits to growth and the concerning unsustainability of the economic and natural systems our society depends upon. How many of your family members, good friends, and neighbors simply choose to ignore the messages from those o...
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The Stairway To Economic Heaven Is Too Expensive When Adjusted For Inflation

“…shortly after President Nixon released the dollar from gold backing. The dollar plummeted in purchasing power. The following provides…” by Gary Christenson of Deviant Investor This article was written for Miles Franklin by Gary Christenson, with appreciation for Led Zeppelin who wrote and performed “Stairway to Heaven.” “There’s a lady who’s sure  All that glitters is gold  And she’s buying a stairway to heaven.” Led Zeppelin released the iconic song “Stairway to Heaven” in 1971, shortly afte...
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Ronan Manly: Who owns the world's largest gold hoards? Not central banks

7:23p ET Monday, January 9, 2017 Dear Friend of GATA and Gold: The largest gold reserves around the world, gold researcher Ronan Manley writes today, are for the most part not owned by central banks but rather by national governments that happen to vault them with central banks. So, Manley adds, the secrecy woven around the reserves by central banks is arrogant and inappropriate and all data about them should be made public as a matter of form. Manly's commentary is headlined "Who Owns the World...
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Michael Pento Issues Warning: STOCK MARKET CRASH BY YEAR-END

Podcast: Play in new window | DownloadSprott’s Michael Pento Joins Us For A BOLD Prediction…   Michael Pento forecasts a stock market crash and beginning of a recession by the end of the year or early next year… The inversion of the yield curve (when short-term interest rates yield more than longer-term rates) has correctly predicted the last seven recessions going back to the late 1960’s. Pento says this kind of inversion is happening now. With interest rates still extremely low, the Fed will h...
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Silver Crisis: This Has NEVER EVER Happened Before At The Comex! – Hoffman

silver0 views Home » Silver » Silver News » Silver Crisis: This Has NEVER EVER Happened Before At The Comex! – Hoffman This is simply unprecedented… 1 oz Silver Superman S-Shield Intro Pricing! Numbered Rim, Only 2,500 Minted! This entry was posted in Silver News and tagged Andy Hoffman, gold update, Silver Shortage, silver update. Bookmark the permalink.
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A Gold Backed Yuan?

dollarAre the Chinese nearly ready to implement “a system backed by real assets“?   Submitted by Larry White: If you follow the topic of potential monetary system change at all, you know that there is a lot of speculation around the world that China (and Russia) are quietly and steadily pushing to toward a future where the US dollar does not occupy its current position as the dominant global reserve currency. It’s pretty easy to establish that this is true based on public statements by officials and ...
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EBT Crisis: 9 Days Into June And Many Americans Are STILL Waiting For Food Stamp Money

imageWidespread reports continue to pour in from all over the nation of “glitches” with the food stamp system.  It is nine days into the month and large numbers of people still have not received their benefits, and in other instances it is being reported that EBT cards are simply not working correctly.  What in the world is going on here? 1 oz Silver Superman S-Shield Intro Pricing! From Michael Snyder:   Ondowndetector.com there are scores of reports of problems with the EBT system from people all ...
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Precious Metal Companies with Takeout Appeal

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This Is What The Tap Water Looks Like In Venezuela

venwater2A glimpse at what happens to public utilities during an end-game hyper-inflationary collapse: Caracas has some funky orange stuff flowing out of the tap to offer to those who are thirsty after a day of rioting… From Tyler Durden: One week ago, we showed what the maximum amount of money one can take out of a Venezuela ATM machine looks like: the good news, one still doesn’t need a wheelbarrow to transport it (if only for the time being: with hyperinflation now rampant, it’s only a matter of time...
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Gold Bars and Coins See UK Demand Jump On BREXIT Fears

imageGold bullion is seeing increased sales in the UK on BREXIT “nerves” according to Reuters today:   From Mark Obyrne:  “Demand for gold bullion bars and coins is rising, with men and women of all ages buying up the safe-haven metal in case of a British exit from the European Union. Mark O’Byrne, director of Dublin-based gold dealer Goldcore, said the price bounce had already driven a significant demand increase this year, with broader geopolitical concerns also feeding into the rise. “In the comin...
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