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Do you remember how it was for your parents?

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September Song: Day 17

DEheadlines_orig

DOJ Accuses JPMorgan’s Precious Metals Trading Desk Of Being A Criminal Enterprise
I was instructed that if a client wished to sell futures I should simultaneously place both bids and offers with the intent of canceling the bids prior to execution…” It’s ABOUT DAMNED TIME!!! (Continue to full article)

Oil Surges 10%, Gold 1% and Silver 2% After Saudi Oil Attacks
Fear of an oil price shock is growing and every US and global recession in the past 50 years has been preceded by a spike in oil prices… (Continue to full article)

If You Think The Price Of Oil Is Skyrocketing Now, Just Wait Until The War Starts…
The times that we are living in are about to become a whole lot more serious, but most Americans are not even paying attention to these absolutely critical global events…… (Continue to full article)

Start Of A Cycle: Gold & Silver Prices Do Not Accurately Reflect A World Awash In Cheap Money
The world had 10 years of growth from record-low interest rates, a burgeoning money supply & historic debt levels. Here’s what it means for gold & silver… (Continue to full article)

If Truckers Stopped Working, Grocery Stores Would Run Out Of Food In 3 Days
Because of the “bloodbath” ongoing in the trucking industry right now, it’s important to realize just how much Americans are dependent on trucking… (Continue to full article)

Morgan the Pirate, Jamie Dimon

In the WeWork IPO, the Money Trails End Up at JPMorgan’s Doorstep
According to the amended prospectus filed with the Securities and Exchange Commission to alert the public to the thousands of warts with malignant possibilities sprouting out of the office rental company, WeWork, which plans to offer its shares to the public for the first time, JPMorgan Chase will receive something no other underwriter is getting in this deal: a cool $50 million extra as a “structuring fee.” On top of that, of course, the bank will also get the fat underwriting fees … (Continue to full article)

JPMorgan Traders Arrested For Massive Gold Manipulation
Two current and one former JPMorgan precious metals traders are arrested by the FBI for ‘manipulating the market and sending thousands spoofing orders’… (Continue to full article)

Stevie on the mellow…

Rothschild: Things never change

Rothschilds and the History of the London Gold Fixing
The 1919 launch of the Gold Fixing by the Bank of England and Rothschild succeeded a more informal version of a gold fixing that had existed up to the outbreak of the First World War in 1914, which consisted of a meeting of four London gold brokers Mocatta & Goldsmid, Samuel Montagu, Sharps & Wilkins, and Pixley & Abell who between them set a daily gold price at the offices of Sharps & Wilkins.

For the next 85 years from its inception in September 1919, the Gold Fixing occurred daily at Rothschild’s headquarters in New Court, St. Swithins Lane, across the road from the Bank of England, with five men from five bullion banks religiously meeting at 10:30 am each morning. After the collapse of the London Gold Pool in 1968, the Gold Fixing moved to a twice per day pricing with an extra 3:00 pm meeting added by the fixers to ‘watch over’ the US morning hours gold market… (Continue to full article)

Physical Silver & Retail Coin Shortages Imminent? RCM To Begin Rationing Silver Maple Leafs
Authorized purchasers haven’t been able to purchase 10 ounce bars in months, but now we’re talking about the Royal Canadian Mint’s bread-n-butter… (Continue to full article)

Gold Rises, Falls, Rises Again – Silver Follows
Gold and silver both moved higher all through the overnight sessions, then Mario Draghi woke up, had coffee and began speaking. The metals responded appropriately to a top banking cabal member speaking about moar easing, moar theft and moar, moar, moar. Gold jumped up approximately $25 off the close from yesterday and silver, while it was slow on the uptake it managed to jump up approximately 0.37$ off the close from yesterday. Now … (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
Call or TEXT: 1 – 602 – 799 – 8214
gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on September Song: Day 17

The Key to a Sustainable Economy Is 5,000 Years Old

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his provocative 2018 book, “…and forgive them their debts,” debts that can’t be paid won’t be paid. The question, he says, is how they won’t be paid… Continue reading

Posted in The Mine or the Shaft | Comments Off on The Key to a Sustainable Economy Is 5,000 Years Old

September Song: Day 13

DEheadlines_orig

Wall Street: Where the Elite Meet to Cheat
Trump makes worse an already problematic situation with pensions. So whimsical. POTUS makes an historic monetary policy decision by endorsing negative interest rates, probably unaware of the epic controversy that he opened by doing so. Savers and pensioners thrown under the bus!

This is why I think a comprehensive and in a sense ‘final’ global financial crisis is so likely. It will provide the cover for massive debt write-offs, but also painful and scary policy innovations… (Continue to full article)

Medical Debt Is Crushing Many Americans
Is The Health Care System On The Verge Of Collapse? Americans who have insurance coverage are struggling to afford medical bills. As the research shows, health insurance won’t completely protect you. Many people have been bankrupted by high deductibles and other out-of-pocket expenses. This is why you should try to have at least the amount of your deductible in savings. Rising healthcare costs have serious implications for many Americans… (Continue to full article)

MORE… ‘UVA has ruined us’: Health system sues thousands of patients, seizing paychecks and putting liens on homes

US Suicide Rate Hits 50-Year Highs, And There’s Concern That It’ll Go Much Higher
Despite the fact that more money is being spent on suicide prevention efforts than ever before in our history, the suicide rate in the United States continues to rise dramatically. One new study has discovered that our suicide rate actually increased by 41 percent between 1999 and 2016. Even though we have the highest standard of living that any generation of Americans has ever enjoyed, we are an exceedingly unhappy nation and we are killing ourselves in unprecedented numbers. This shouldn’t be happening, but unfortunately the forces that have taken over our culture have convinced multitudes of Americans that their lives are not worth living any longer

If this is happening now, while economic conditions are still relatively stable, what is going to happen to the suicide rate during the next major U.S. economic downturn?… (Continue to full article)

Could THIS be the reason why???

Men’s “Real” Earnings Below 1973 Level
Top 20% households made out like bandits, bottom 40% got crushed. The median earnings of men working full time year-round in 2018 ticked up to $55,291. Adjusted for inflation, this was below the amount they earned in 1973, according to the annual data trove released by the Census Bureau today. In other words, there has been a “real” income decline for men over the past four-plus decades!… (Continue to full article)

Citigroup Says Gold Could Go to $2,000
Citigroup released an analyst’s note yesterday stating that “We expect spot gold prices to trade stronger for longer, possibly breaching $2,000 an ounce and posting new cyclical highs at some point in the next year or two.” Gold was last on a record-breaking streak in 2011 when it shot through handles of $1500, $1600, $1700 and $1800 from April through August of that year. On an intraday trading basis, gold reached a high of $1,917.90 an ounce on August 23, 2011 and another intraday high of $1923.70 on September 6, 2011… (Continue to full article)

U.S. is Losing the Trade War! It Has Killed 300,000 Jobs and Cost Americans Over $1.6 BILLION
There will be no winner in this trade war, and already, the United States looks a lot like the loser. Casualties are coming in the form of farm bankruptcies and lost jobs, not to mention the rising costs of goods further harming those already living paycheck to paycheck. The fact is the trade war is causing measurable damage to the U.S. economy, with the pain likely to worsen in the coming months… (Continue to full article)

What more can I see? – er – I mean, “say.”…

The Coming CRASH Is Good For Gold & Silver, Experts Say Gold Ready To Skyrocket
Josh Sigurdson reports on the rise of the gold market in recent months as recession indicators flash red and countries grow more and more wary of the US Dollar.
It has been said before and shall continue to be said that all fiat currencies eventually revert to zero. This time will be no different. The printing of currency has got to eventually be met with resistance and we are certainly seeing those tell tale signs of a complete collapse on the near horizon… (Continue to full article)

The Coming Moves In The US Dollar And A $2,000 Gold Price…Before June 2020!
The recent movement in the precious metals markets, an incredible 33% upside price move since August 2018, has reflected an increased level of fear and greed throughout the global markets. Particularly, throughout the foreign markets. Precious metals, specifically Gold, has skyrocketed to some of the highest levels in recent times as foreign currencies devalue against the US Dollar. Still, consumers, institutions and central governments/banks are buying as much as they can right now… (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
Call or TEXT: 1 – 602 – 799 – 8214
gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on September Song: Day 13

Central Banks Have Printed $22 Trillion Worth Of New Credit Since 2008

Last week we wrote about how global central banks have created an economic time machine by forcing $17 trillion worth of bond yields below zero percent, which is now 30% of the entire developed world’s supply. Now it’s time to explain how the time machine they have built has broken down… Continue reading

Posted in The Mine or the Shaft | Comments Off on Central Banks Have Printed $22 Trillion Worth Of New Credit Since 2008

Maund: The Great Precious Metals’ Melt-Up

The distinguishing feature of fiat money systems is that they are licentious—they are created by corrupt politicians so that they can act without restraint by, for example, promising the citizens the earth in order to improve their chances of being re-elected. The population can pick up the tab later in the form of devalued money that buys them less. The current dollar fiat money system was created by then President Richard Nixon in 1971, hardly an edifying character, and, thinking about it, it was very apt that it was him who created it by getting rid of the gold standard… Continue reading

Posted in The Mine or the Shaft | Comments Off on Maund: The Great Precious Metals’ Melt-Up

September Song: Day 3

DEheadlines_orig

28 Signs Of Economic Doom As The Pivotal Month Of September Begins
Since the end of the last recession, the outlook for the U.S. economy has never been as dire as it is right now. Everywhere you look, economic red flags are popping up, and the mainstream media is suddenly full of stories about “the coming recession”. After several years of relative economic stability, things appear to be changing dramatically for the U.S. economy and the global economy as a whole. Over and over again, we are seeing things happen that we have not witnessed since the last recession, and many analysts expect our troubles to accelerate… (Continue to full article)

Silver Is Ready To Take Out Key Levels
Silver is now ready to follow gold and successfully signal its bull market. In fact, it is important that silver do so, in order to provide another confirmation that gold’s recent rally is “real”. If the comparison to the 1980s pattern is justified, and the current pattern continues in a similar fashion, by breaking down at the red line, then silver will continue in a long bear market. If the current fractal diverge from the 80s fractal by breaking out at the green line, then the bull market will resume with vigor.

Silver has now made significant moves over the last couple of months, and appears ready to confirm the bull market… (Continue to full article)

The Secret of My Success…

Why Silver Is Better Than Gold
While the surging gold price has received most of the spotlight in the market, silver will outperform the king monetary metal over the longer term. Key fundamental factors make silver the more attractive asset and investment to own versus gold when we look closely at the data. However, that doesn’t mean precious metals investors shouldn’t own gold. Investors need to own both precious metals, but I believe silver will provide better returns… (Continue to full article)

Hi-Ho Silver, awaaay

Silver Fires Back: Silver Penetrates $19, Price Is At Multi-Year Highs
Silver is on the move again this week, and we’ve just taken out the $19 U.S. dollar price!

Everybody has an explanation about what’s been going on, but I do think the answer is really simple in that the cartel is no longer able to contain the natural, fundamental factors that are taking over the market… in other words, the cartel is barely able to contain silver right now due to overwhelming market forces which are bringing on the fear trade, big time… (Continue to full article)

“Fake Gold Bars”: Let Me See If I Understand This Correctly…
So, I am suppose to believe anything coming JP Morgan? That’s the first problem with this story is that JP Morgan is reporting an anomaly in the gold market. The second problem is this whole story about “fake gold bars” being miss “branded” and being found inside a JP Morgan gold vault. Let’s see…. JP Morgan known liars, known thieves and known market manipulators. JP Morgan has been found guilty… (Continue to full article)

New Fed easing cycle to push gold above $1,600 in 2020
Gold prices will continue to push higher as the Federal Reserve embarks on a new easing cycle, according to BNP Paribas.

In an environment of below zero interest rates, the French bank is increasing its price forecast for gold and silver. In a report published Tuesday, Harry Tchilinguirian, head of commodity research at the French bank, said he sees gold prices averaging the fourth quarter at $1,510, a 10% increase from its June forecast. gold-bull_upLooking ahead, the bank expects gold prices to push above $1,600 in the first quarter of 2020 and average $1,560 an ounce, an increase of 9% from its previous forecast… (Continue to full article)

If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression
we are far more dependent on America’s great debt creation machine than most of us would have ever dared to imagine. Today, debt is involved in most of our major transactions. In order to purchase a home, most of us go into debt. The same thing is true when most of us buy a vehicle. Total credit card debt is well over a trillion dollars, and total student loan debt is now over a trillion and a half dollars. Corporate debt has more than doubled since the last financial crisis, state and local governments are absolutely drowning in debt and unfunded pension liabilities, and the federal government is more than 22 trillion dollars in debt. The Federal Reserve and the “too big to fail” banks are at the core of this insidious debt-based system, and it has been systematically destroying the bright future that our children and our grandchildren were supposed to have. But… (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
Call or TEXT: 1 – 602 – 799 – 8214
gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on September Song: Day 3

September Song: Day 2

DEheadlines_orig

The End Of The Dollar As We Know It?
Current uncertainty and worries are clearly reflected in the financial markets. Investors are fleeing into assets that are deemed safe such as gold, U.S. Treasuries and the dollar. They still flock to the U.S. on a massive scale whereas a lot of the current insecurity derives directly from the White House. At the same time, we are seeing more and more commentaries around the question whether a shift is taking place, slowly but surely, from the dollar toward other currencies.

JP Morgan recently wrote, “We believe the dollar could lose its status as the world’s dominant currency (which could see it depreciate over the medium term) due to structural reasons as well as cyclical impediments.”… (Continue to full article)

U.S. Government Debt Surges $450 Billion In August
Not only are the precious metals prices looking better than they have for several years, but the reasons to own them continue to improve as central banks begin to crank up their massive CREDIT CARD DEBT. In just the past month, the U.S. Treasury has increased the outstanding public debt by a whopping $450 billion… (Continue to full article)

The Great Crash Of A Lifetime Begins In 2020
I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40.

That 40-year cycle would correspond to the generation waves of spending that have actually peaked 39 years apart, in 1929, 1968 and 2007. Twenty years would be half of that cycle and double the average recession cycle that occurs roughly every 10 years and corresponds with sunspots… (Continue to full article)

Someday’s – Willie is the first thing I need in the morning…

Bad Moon Rising And The Scariest Bull Market In Gold & Silver… EVER!
While financial events do not normally involve sounds, the haunting specter of seeing over 65% of all bonds issued around the world paying a negative return evokes memories of a “bad moon rising” of which ancient folklore of the lunar omen has filtered down through generation after generation.

The problem here in 2019 is that NO generation has EVER encountered a financial instrument paying a negative yield because if you buy one, you have to pay the issuer to hold it. This absolute insanity is the nuclear torpedo in that is heading for the starboard side of the Good Ship “Modern Monetary Theory” as she steams headlong into the abyss becoming rapidly known as the “Japanification” of all things financial… (Continue to full article)

Investors Will Be Shocked At How Low Below Zero Interest Rates Are Going To Go
Interest rates in the US will eventually go deep into negative territory. The root of the problem is the fall in the energy return of investment (EROI) in the US, causing an unserviceable debt that requires negative rates… (Continue to full article)

The Wealthy Aren’t Spending Signaling A Recession Looms
Another recession warning has surfaced. The wealthier Americans have cut back on their consumerism and spending, which could be a signal that the recession is right around the corner… (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
Call or TEXT: 1 – 602 – 799 – 8214
gold@morganapreciousmetals.com

Posted in Double Eagle Headlines | Comments Off on September Song: Day 2