More ridiculous predictable market action today. The worse things become in the real world the more frantic the stupidity becomes. The American authorities are clearly terrified that their world role as hegemon is being threatened and it is not beyond the realm of possibility that your fears of war will turn out to be a reality. – John Embry
It was reported yesterday that a Government panel is recommending that all adults over the age of 18 should be screened for “depression” – LINK. Nothwithstanding the fact that the term “depression” is a subjective concept, it exemplifies the move in the Government to control the population. It’s a frightening movement toward Totalitarianism that has been in motion since the formation of the Federal Reserve and the ratification of the16th Amendment, giving the Federal Government authority to enact an income tax. Both events occurred in 1913.
Make no mistake about it, the Government panel’s recommendation, if it finds its way somehow through Congress, is an underhanded way for the Government to implement gun control. We can’t have depressed people running around with guns in their possession. In addition, there’s no doubt that one of the big drug or hospital corporations has devised some sort of “depression screening” protocol which generates very high margin profits. Even better if the testing is covered by Medicare and Medicaid so the taxpayers can fill yet another big trough from which corporate America feeds.
The irony in the Totalitarian creep of the Federal Government is that humans don’t like the idea that they can’t control their immediate lives and living environment. Thus, they want to believe with surprising adamance that their vote matters – that they can control the outcome of an election with their “participation” in the process. Of course, nothing could be farther from the truth. The fact of the matter is that the modern Presidential process has become little more than the political version of “The Jerry Springer Show.” It’s like watching a slow motion train wreck repetitively with the now-frequent “debates” and “town hall” meetings.
Sorry. Maybe if you could vote for each of the well-funded 25 lobbyists per elected House Rep and Senator your participation in the process might matter. The only part of an election campaign that matters is the amount of money that gets apportioned by Wall Street financial firms, big pharmaceutical companies and the defense industry. Democrats who think Big Labor matters better think again – just look at the scale of the de-industrialization of America which has converted the majority of the U.S. manufacturing workforce into Walmart greeters and bartenders.
Perhaps the only safe refuge from this insanity and from the systemic destruction headed our way is to move as much of your wealth out of the fiat currency based financial system and into the safe haven of precious metals. Of course, Wall Street and the Government-controlled propaganda disseminators – otherwise known as mainstream financial media – are doing their best to discourage investors from even learning how to spell “gold.” It’s the barbarous relic of cavemen which you can’t eat and doesn’t earn interest. It’s about as useful as a Pet Rock.
What they won’t show you is this graph – click on image to enlarge (source: Zerohedge):
This graph shows the performance of gold (red line) vs. the British pound, euro, yen, Swiss franc and commodity index since Jan 2000. The elitists running our system don’t want you see that graph because that graph embodies the truth about the deteriorating economic, political and geopolitical condition of both the U.S. and the world. Better to have you focused on Trump vs. Cruz or Trump vs. Clinton. And Obama clearly doesn’t care because he now spends most of his time golfing in Hawaii and staying at his future $10 million enclave – paid for by the Pritzker Family and Company.
The Shadow of Truth hosted Gerald Celente for what we believe may be his best podcast interview in quite some time. It borders on cerebral and we presented Mr. Celente with several thought-provoking questions – we think you will enjoy this side of the world’s foremost trends forecaster:
When people lose everything and they have noting to lose, they “lose it.” – Gerald Celente on the Shadow of Truth.
- See more at: http://thedailycoin.org/?p=60719#sthash.zCVoyK0l.dpuf
More ridiculous predictable market action today. The worse things become in the real world the more frantic the stupidity becomes. The American authorities are clearly terrified that their world role as hegemon is being threatened and it is not beyond the realm of possibility that your fears of war will turn out to be a reality. – John Embry
It was reported yesterday that a Government panel is recommending that all adults over the age of 18 should be screened for “depression” – LINK. Nothwithstanding the fact that the term “depression” is a subjective concept, it exemplifies the move in the Government to control the population. It’s a frightening movement toward Totalitarianism that has been in motion since the formation of the Federal Reserve and the ratification of the16th Amendment, giving the Federal Government authority to enact an income tax. Both events occurred in 1913.
Make no mistake about it, the Government panel’s recommendation, if it finds its way somehow through Congress, is an underhanded way for the Government to implement gun control. We can’t have depressed people running around with guns in their possession. In addition, there’s no doubt that one of the big drug or hospital corporations has devised some sort of “depression screening” protocol which generates very high margin profits. Even better if the testing is covered by Medicare and Medicaid so the taxpayers can fill yet another big trough from which corporate America feeds.
The irony in the Totalitarian creep of the Federal Government is that humans don’t like the idea that they can’t control their immediate lives and living environment. Thus, they want to believe with surprising adamance that their vote matters – that they can control the outcome of an election with their “participation” in the process. Of course, nothing could be farther from the truth. The fact of the matter is that the modern Presidential process has become little more than the political version of “The Jerry Springer Show.” It’s like watching a slow motion train wreck repetitively with the now-frequent “debates” and “town hall” meetings.
Sorry. Maybe if you could vote for each of the well-funded 25 lobbyists per elected House Rep and Senator your participation in the process might matter. The only part of an election campaign that matters is the amount of money that gets apportioned by Wall Street financial firms, big pharmaceutical companies and the defense industry. Democrats who think Big Labor matters better think again – just look at the scale of the de-industrialization of America which has converted the majority of the U.S. manufacturing workforce into Walmart greeters and bartenders.
Perhaps the only safe refuge from this insanity and from the systemic destruction headed our way is to move as much of your wealth out of the fiat currency based financial system and into the safe haven of precious metals. Of course, Wall Street and the Government-controlled propaganda disseminators – otherwise known as mainstream financial media – are doing their best to discourage investors from even learning how to spell “gold.” It’s the barbarous relic of cavemen which you can’t eat and doesn’t earn interest. It’s about as useful as a Pet Rock.
What they won’t show you is this graph – click on image to enlarge (source: Zerohedge):
This graph shows the performance of gold (red line) vs. the British pound, euro, yen, Swiss franc and commodity index since Jan 2000. The elitists running our system don’t want you see that graph because that graph embodies the truth about the deteriorating economic, political and geopolitical condition of both the U.S. and the world. Better to have you focused on Trump vs. Cruz or Trump vs. Clinton. And Obama clearly doesn’t care because he now spends most of his time golfing in Hawaii and staying at his future $10 million enclave – paid for by the Pritzker Family and Company.
The Shadow of Truth hosted Gerald Celente for what we believe may be his best podcast interview in quite some time. It borders on cerebral and we presented Mr. Celente with several thought-provoking questions – we think you will enjoy this side of the world’s foremost trends forecaster:
When people lose everything and they have noting to lose, they “lose it.” – Gerald Celente on the Shadow of Truth.
- See more at: http://thedailycoin.org/?p=60719#sthash.zCVoyK0l.dpuf
Close
Gain/Loss
Gold
$1114.50
-$11.30
Silver
$14.24
-$0.24
XAU
44.71
-2.08%
HUI
118.21
-1.93%
GDM
387.99
-1.54%
JSE Gold
1447.00
-92.41
USD
98.61
-0.36
Euro
109.42
+0.49
Yen
84.17
-0.10
Oil
$33.22
+$0.92
10-Year
1.985%
-0.016
T-Bond
160.03125
+0.03125
Dow
16069.64
+0.79%
Nasdaq
4506.67
+0.86%
S&P
1893.36
+0.55%
The Metals:
Gold dropped down to $1111.66 at about 9:15AM EST before it bounced back higher into midday, but it still ended with a loss of 1%.Silver slipped to as low as $14.115 and ended with a loss of 1.66%.
Euro gold fell to about €1019, platinum lost $14 to $862, and copper fell slightly to about $2.05.
Gold and silver equities waffled near unchanged and ended with about 2% losses.
The Economy:
Report
For
Reading
Expected
Previous
Initial Claims
1/23
278K
285K
294K
Durable Goods
Dec
-5.1%
-0.5%
-0.5%
Durable Goods -ex trans.
Dec
-1.2%
-0.1%
-0.5%
Pending Home Sales
Dec
0.1%
0.8%
-1.1%
Tomorrow brings GDP, Chicago PMI, and Michigan Sentiment.
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
669.229
21,516,385
US$23,962m
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
138.13
4,441,056
US$4,956m
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
152.66
4,908,200
US$5,474m
Australian Stock Exchange (ASX)
Gold Bullion Securities
11.16
358,789
US$400m
Johannesburg Securities Exchange (JSE)
New Gold Debentures
29.16
937,551
US$1,045m
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.85: +0.72 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,662.41: 29.63 change from yesterday’s data.
The Stocks:
Freeport’s (FCX) expired permit, Comstock’s (LODE) drill results and 2015 yearend results, and Endeavour Silver’s (EXK) production and cost guidance were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1.Turquoise
TRQ +3.23% $1.92
2.Seabridge
SA +2.01% $6.10
3.Alamos
AGI +0.96% $3.16
LOSERS
1.Gold Fields
GFI -7.65% $3.26
2.AngloGold
AU -6.89% $8.24
3.Buenaventura
BVN -5.80% $3.90
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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