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Dateline: June 24, 2019

DEheadlines_orig

The Looting Bankers

Our Economic Systems Have Been Destroyed By Our Central Bankers
Our economic systems have been destroyed by our central bankers. Who pretend they’re saving them. And we all eat it up hook line and sinker. Because the rich bankers and their media have no reasons to counter Fed or ECB actions and word plays, and because anyone who’s not a rich banker or investor is kept by the media from understanding those reasons.

What the Fed and ECB have done, and the BOJ, between Greenspan and Bernanke and Yellen and Powell and Draghi and Kuroda, is they have made it impossible for economies to let zombies go to die as they should. They have instead kept those zombies, banks, corporations, alive to the point where they are today a very big live threat to those economies… (Continue to full article)

Why is JPMorgan (the Pirate) Above the Law?
Recent developments indicate, almost beyond question, that when it comes to silver (and gold), JPMorgan is operating in direct violation of the law. So clear is the proof of this allegation that the only real question is why JPM is allowed to openly flaunt basic commodity and antitrust law? Before getting to the why, let me first establish that JPMorgan is, indeed, violating the law when it comes to silver and gold… (Continue to full article)

Gold Prices Solidly Up. The Worm Has Turned
Gold prices are posting good gains and are near last week’s six-year high of $1,415.40 in August futures. Safe-haven demand amid heightened geopolitical events is keeping gold prices on the rise. Also, a slumping U.S. dollar index that hit a three-month low today is also working in favor of the precious metals markets. Trader psychology in the gold and silver markets appears to have shifted to a “buy the dips” mentality from the “sell the rallies” attitude that had been in place since last winter… (Continue to full article)

Gold: Next Stop $1,450?
Gold climbed all the way to $1,410 before the cabal made a weak challenge. However, if you look at the chart you will see the area of concern – the movement just before the London market opened. Nice climb upwards, then a drop into the open, followed by the current rise. Not sure if we are going to see a smack down, it should’ve already happened – or at least the prelude to a smack down… (Continue to full article)

Gold Continues Moving Higher, Will It Hold?
We ask “will it hold?” a lot for the simple reason / fact that we have seen, for the past decade, vicious take downs by the bullion banking cabal. Sunday night has been a favorite to commit their crimes. The trading began on Sunday evening and with gold and silver both moving in an upward fashion and gold quickly jumped up about $8, reaching $1,407+ at approximately 9:30pm EST… (Continue to full article)

A Key Gold Bull Market Signal
The gold market is looking a lot like it did early in the millennium, at the start of the bull market. It is setting up for a gold bull market that is likely to be way more intense than the previous one, due to the structural weaknesses incurred… (Continue to full article)

Is this my Betty Boop (Bonnie) or Stacey Kent? A bit of both to begin my day…

Gold’s Century
For twelve consecutive years, gold was up every single year whether there were inflation fears, deflation fears; strong dollar, weak dollar; political stability, political instability. It didn’t matter – strong oil, weak oil. . . Gold went up for twelve years. . . When gold embarks upon its next move, I believe that you will see that long wave take gold relatively quickly, but it will be measured in years, up to a $3000 to $5000 target that I believe is fundamentally justified based on the facts we have today… (Continue to full article)

Gold Price Framework – The Next Cycle Unfolds
Based on the findings of our gold price framework, we have long argued that we have entered a new gold cycle. However, until now, there was always the risk that strong economic growth could allow the Fed to raise rates above what the FOMC members themselves expected was possible. As markets and the Fed itself rapidly adjust to the new reality of a slowdown in economic growth, those risks have subsided, bolstering our conviction that the next gold cycle is about to unfold… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: June 24, 2019

G – O – L – D: The Weekend ~ June 22, 2019

DEheadlines_orig

Gold Prices Surge to 6-Yr. High of $1,415, Back Off A Bit
Gold prices are now trading around steady levels in early morning U.S. trading Friday, after pushing to a six-year high of $1,415.40 in August futures in overnight trading. Silver prices hit a nearly three-month high overnight. Safe-haven demand heading into a very uncertain weekend is featured in the precious metals markets. Also, metals bulls are still feeling the positive effect of the Federal Reserve and European Central Bank leaning to easier monetary policies this week… (Continue to full article)

You Can’t Be Anything But Bullish On Gold After $1,400 Breaks
Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years.

Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since last Friday. According to it some analysts, gold’s major breakout could be just the start of a long-awaited rally as investors adjust to shifting interest rate expectations… (Continue to full article)

Infographic – The Best Reasons To Own Gold
The most simple and compelling argument for owning gold for the average investor is to diversify a portfolio. So says this latest infographic in the Gold Series, which also highlights other classic reasons put forward for owning a little yellow metal.

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on G – O – L – D: The Weekend ~ June 22, 2019

UPDATE: 6:00 a.m. E.D.T. ~ June 20, 2019

GOLD hits $1,382.40

UPDATE: 12:26 p.m., E.D.T: $1,394.40. Where it will end today is anyone’s guess!

Gold is still on the move. We expect when the New York Markets open soon, they will manipulate the price of gold back downward – BUT – eventually this will pass as the reality sets in. With what is happening around the globe – once it explodes – it will EXPLODE!

[Got physical… close at hand?]

6:06 a.m.: Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish
Gold gains in dollars have taken it to it’s highest level since March 2014. Short covering by futures market participants is a primary factor in the sharp gains overnight. Large hedge funds globally are going long gold due to increasing worries about the US and global economy.

We are seeing a new sense of urgency from investors in recent days and an increase in safe haven buying due to concerns about the geopolitical and economic outlook… (Continue to full article)

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 602 – 799 – 8214

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on UPDATE: 6:00 a.m. E.D.T. ~ June 20, 2019

CRYPTO MANIA

Bitcoin is making new highs for the year and it inspired me to draw this cartoon.

Mark Zuckerberg is going to roll out a Facebook cryptocurrency based on a reliable blockchain called “Libra,” suggesting scales of justice. It will be his justice, of course. VISA and PayPal are already backing it, and to me that raises even more red flags. Continue reading

Posted in Let's Get Physical | Comments Off on CRYPTO MANIA

Dateline: June 20, 2019

DEheadlines_orig

Bada-Boom, Bada-Bing; Fed Fuels Fire
I cannot think of many organizations or people that can convey a 180° pivot by the use of a single word, except for the Federal Reserve and its chairman, Jerome Powell. When we looked at the CME’s FedWatch tool yesterday it predicted less than a 20% probability that the Federal Reserve would announce and implement a rate cut today. In fact, that is exactly what happened… (Continue to full article)

They’re Calling It A “Bloodbath” For The $800 Billion Trucking Industry As US Economy Collapses
The U.S. trucking industry has not experienced a downturn of this magnitude since the last financial crisis, and this is one of the clearest signs yet that the U.S. economy is steamrolling into a severe economic downturn… (Continue to full article)

8 Reasons A Huge Gold-Mania Is About To Begin
The last time the international monetary system experienced a paradigm shift of this magnitude was in 1971. Then, the dollar price of gold skyrocketed over 2,300%.

It shot from $35 per ounce to a high of $850 in 1980. Any one of these catalysts alone would be great news for gold… But the fact they are all converging at the same time means an epic gold bull market is on the menu for 2019… (Continue to full article)

Can Western Central Banks Continue Capping Gold At $1350?
The price of gold has jumped 5.8% in a little over 3 weeks. This is a big move in a short period of time for any asset. Two factors fueled the move. The first is the expectation that Central Banks globally will revert back to money printing and negative interest rate policies to address a collapsing global economy. The rapid price rise in gold from $700 to $1900 between late 2008 and September 2011 was powered by global Central Bank money printing and big bank bailouts. We know money printing is on the horizon. But so are bank bailouts – again… (Continue to full article)

…smooth as silk and cool as the other side of the pillow.

CA Voters Not Happy With Free Medical For Illegals
Free health care for illegals may have Gov. Newsom and the Dems grinning as the voters grimace… As the California state legislature and Gov. Gavin Newsom dislocate their shoulders in the hearty backslapping of their self-congratulatory moment in American history, the rest of the nation is snarling and spitting over the lunacy of the left coast Democrats. … (Continue to full article)

The Compelling Reasons For A Major Gold Bull Market Are Coalescing Fast
Clive Maund charts gold and explains why he believes this is a good time to build positions. With things shaping up so well for gold, we can certainly take any short-term correction in our stride, and more than that, we can seize upon it as an opportunity to build positions further across the sector… (Continue to full article)

Gold Looks Ready To Bounce On Dovish Fed policies
The Federal Reserve is no longer patient on interest rates and ready to do what it can to support the U.S. economy – that will support gold prices through the long term. Some could argue that it is a helpful gauge of investors’ concerns about recession possibilities, but for a variety of reasons, gold looks attractive… (Continue to full article)

PREPARE FOR COST INCREASES: AMERICANS WARNED PRICES WILL JUMP UP
The U.S. is looking to ramp up an already devastating trade war with China by applying more tariffs to another $300 billion worth of Chinese goods. Businesses and everyday Americans are rejecting this policy as they will suffer the blow, not the Chinese. The new tariffs would hit many goods that haven’t yet been targeted in President Donald Trump’s trade war with China, including apparel, footwear, and toys. Americans have already been footing the bill for this ridiculous war on the free market, and it looks like it’ll get worse if the government has anything to say about it… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: June 20, 2019

Dateline: June 18, 2019

DEheadlines_orig

Millennials who live with mom and dad will need $10,000 to move out
There’s a hefty price tag on breaking domestic ties with your parents. Millennials are supposedly splurging on trendy and, according to an oft-repeated cliche, expensive avocado toast. However, millennials spent an average of $525 a month or $6,300 a year on food, according to NerdWallet. That’s $887 less than the average yearly spending for all generations.

They also spend approximately $702 per month or $8,426 per year on transportation costs, which equates to $623 less than the national annual average… HEY – you won’t have Mommy cooking for you anymore!!! (Continue to full article)

The Big Fish In The Investment Pond Are Buying Gold Now
There is no better safe haven asset to preserve wealth with against the dangers of global “imbalances” and that is why prominent investors are taking notice of gold. There is an imbalance between fiscal and monetary policies, so real interest rate issues from Europe to Japan to here, and then we have the tariff war that’s taking place. Those imbalances are going back to the 20s and 30s and so how will they unfold is unknown, so always go to gold because it’s the best form of insurance that is portable and that is liquid… (Continue to full article)

No, We’re Not At Peak Gold Just Yet
Despite analyst speculation implying that the gold mining sector has reached peak production, one expert said that isn’t the case at all. Demand continues to grow with the growing populations of India and China… [As they] obtain more discretionary income, they will buy gold, that will impact the price of gold, and that will bring people back to exploration… (Continue to full article)

Federal Reserve Says Not to Worry About a Financial Crisis. That Means You Should
Most people haven’t studied economics and don’t understand the contributing factors that led to the Great Recession, so they still view the Federal Reserve as a hero that saved the country from total collapse. But those who are informed understand that the financial bubbles seen over the last 20 years have been directly caused by reckless central bank intervention in the markets… (Continue to full article)

… Listening to Garner makes one ‘Misty’ for the days of simplicity in REAL music.

Gold / Silver Breaking Out Or Just Finding It’s Legs?
We have been on record for some time stating that gold would begin moving higher in the second half of 2019. While today is the merely the 3rd day of second half of 2019 gold seems to be catching it’s breath and moving to higher ground. Will this continue or will it be smashed back down? At the end of the day it doesn’t matter, gold is going higher. Too many mining issues, central banks moving back into the gold like we haven’t seen in more th… (Continue to full article)

25% Of Americans Are “Worse Off” Than They Were Before The Great Recession
For many, the economic recovery being touted by the mainstream media has not yet affected them. About 25% of Americans say that a decade after the housing bust that caused the Great Recession, they are doing worse. Almost half of Americans are not doing any better at all too… (Continue to full article)

Morgan Stanley: Business Conditions Are At Their Worst Since The Great Recession
According to a gauge of business conditions tracked by Morgan Stanley fell 32 points last month, marking its sharpest collapse since the metric was formulated. Morgan Stanley’s proprietary Business Conditions Index, or MSBCI, hit its lowest point since the 2007-08 financial crisis… (Continue to full article)

There’s a Critical National Interest in Cleaning Up the Corrupt Stock Market Structure
U.S. stock markets have historically been challenged by corrupt actors. But there have been two extreme periods of corruption in the history of U.S. stock markets. One period occurred in the lead up to the 1929 stock market crash when Wall Street cartels were forming pools to wildly manipulate stock prices. That period led to an economic calamity known as the Great Depression. It also led to two years of intense hearings in the U.S. Senate to investigate the structure of the stock market, followed by intense legislative reforms including the Glass-Steagall Act, the Securities Act of 1933 and the Securities Exchange Act of 1934. The second period was the lead up to the… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: June 18, 2019

Numismatics Are Fool’s Gold

The following is mixed from two different columns, one from renowned economic commentator, Peter Schiff, and the other from the editor of the Kettle Moraine family of publications, including Morgana Precious Metals.

Numismatics Are Fool’s Gold
Last month, I addressed the hype around gold confiscation, and debunked the myth that collectible or numismatic coins would offer effective protection. But there is another sales pitch that many dealers will use while trying to “up sell” you to numismatics. They may argue that on investment merits alone, numismatics are a better bet. While this may be a more rational line of thinking than the typical confiscation con, it is bad advice for investors hoping to protect their assets in an economic slump. Continue reading

Posted in Let's Get Physical, Viewpoint | Comments Off on Numismatics Are Fool’s Gold

Dateline: June 17, 2019

DEheadlines_orig

Gold’s Yearly High, Challenged but Intact
While on the surface it seems that gold prices finished rather flat in trading today. The actual truth is that gold gained moderately as buyers bid the precious yellow metal higher, however extreme dollar strength dwarfed those gains. Spot or physical gold closed on Friday at $1341.10… (Continue to full article)

Morgan Stanley’s Business Conditions Index Just Suffered The Biggest One Month Decline In History
We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year. Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan Stanley’s Business Conditions Index has fallen dramatically. In fact, according to CNBC the sudden drop in the index was “the largest one-month decline on record”… (Continue to full article)

Gold Price Will “Scream” and See $1,700 “Quickly” Says Billionaire Paul Tudor Jones
Paul Tudor Jones, the Tudor Investment Corporation founder, believes that gold is the best trade and is going to “scream” over the next year to two years. He outlines his reasons why with Bloomberg’s Vonnie Quinn on Bloomberg Markets. Watch the… (Continue to full article)

Gold Prices Move Higher Again As US-China Trade War Sees Stocks Fall
Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher.Stocks globally have fallen as risk aversion creeps back in as the trade war escalates, increasing the appeal of gold bullion as a hedge and safe haven. Spot gold was up 0.8% at $1,337.10 by mid morning (GMT), after falling to its weekly low at $1… (Continue to full article)

Could Gold Rally Above $3750 Before December 2019?
BE CAREFUL WITH STATEMENTS SUCH AS THESE… We asked our researchers a question recently, “Could Gold rally above $3750 before the end of 2019?”. We wanted to see what type of research they would bring to the table that could support a move like this of nearly 200% from current levels… (Continue to full article)

The Next Generation Will Pay For the Wall St Bailout
The two greatest stock market crashes that triggered deep economic upheaval in the U.S. occurred from 1929 to 1932 and from 2008 to 2009. There has long been a debate as to why the 1929 crash was followed by a Great Depression while the 2008 epic crash, which took down century-old iconic names on Wall Street along with the U.S. housing market and labor market, was followed by a less severe Great Recession.

Another debate about those two periods is why the stock market, as measured by the Dow Jones Industrial Average, took a quarter-century to regain the peak it had set in 1929 while the stock market returned to the peak it had set in 2007 just six years later.

We believe the answer is found in one word – debt… (Continue to full article)

“It’s Going To Be A Train Wreck”
Farmers Say Corn Crop Far Worse Than USDA Estimates – “You spend a week on the land and then it rains three days and a week later you’re doing it all over again. Just tired of dealing with the mud this year…” (Continue to full article)

… as you enjoy your morning coffee… enjoy these mellow sounds from Kenny. Burt is gone but Kirk is still with us.

[Got physical… close at hand?]

Let’s do something about that…

Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on Dateline: June 17, 2019