November 21 - Gold $1197.50 up $6.80 – Silver $16.40 up 26 cents
Bill Cosby And GATA
As you can see by this view of the NQ, this massively bullish news has not, as of yet, represented any kind of sea-change in the markets. Before the day was even out (again, in some, not all markets), the entire move up was reversed.
Remember, Oil is closely linked to the global economy. What does it say about the true state of affairs that oil is back at levels last seen in 2009-2010… while stocks are at new all time highs?
All Central Planners are paper tigers...
Stability is a myth yet it’s what we humans strive for...
The vast majority of investors are ignoring a major warning that this bounce is not to be trusted.
‘Punishment Interest,’ as Germans call it with Teutonic precision, becomes a pandemic.
In previous commentaries, readers have seen scoffs of derision with respect to (arguably) the two, most-important propaganda myths of the 21st century: the New Normal, and the New World Order. The gist of that criticism is that we rarely see anything truly “new” in our lives, in conceptual terms.
The declaration (through propaganda and/or disinformation) that we have two all-encompassing, new paradigms which supposedly comprise our current reality is patently ludicrous, on its surface. Context changes. Principles are immutable.
The Ebola crisis has faded from headlines but remains a risk after the death of another Ebola patient in Nebraska and the death of a suspected victim in New York yesterday. This brings the number of confirmed deaths to two in the U.S. and possibly three if the New York victim is confirmed as having had Ebola.
"Sovereign is he who decides on the exception."--Carl Schmitt
Russia’s central bank bought about 150 metric tons of the metal this year, announced Governor Elvira Nabiullina yesterday. The pronouncement immediately created buying in the market, prompting gold to rise to a two week high at $1,200 an ounce.
The financial system is lurching towards the next round of the Great Crisis that began in 2007.
An Adventure of Fundraising, Massive Disintermediation and the Confrontation of the Most Powerful InterestsSubmitted by Reggie Middleton on 11/19/2014 08:59 -0500
There's always more than one way to skin a cat. Follow me as I raise a war chest of cash from the establishment... To disintermediate the... Establishment!