Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Close with Modest Losses but Miners Gain on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 24 2017
By: Ira Epstein

Life Under Manipulation
By: Theodore Butler

Legendary investor names his top junior resource stock picks right now
By: Peter Spina, President, CEO of GoldSeek.com & SilverSeek.com

Silver Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Deflation must be embraced
By: Alasdair Macleod

Gold’s 47-Year Bull Market
By: Steven Saville

Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners
By: Gary Tanashian

The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation!
By: Deepcaster

The Precious Metals Bears' Fear of Fridays
By: Dimitri Speck

 
Search

GoldSeek Web

 
GoldSeek Radio Nugget: Rob Kirby and Chris Waltzek

GOLDSEEK RADIO
By: Chris Waltzek, GoldSeek.com Radio

 -- Published: Friday, 2 December 2016 | Print  | Disqus 

Highlights

  • Rob Kirby of Kirby Analytics notes that the smart money, deep pockets and institutional investors are diversifying away the dollar exposure in favor of PMs.
  • Our guest proposes that an enormous tonnage of gold was dropped on the market following the US election - nearly the entire US reserves at Fort Knox.
  • The move is an "act of desperation by policymakers" to contain gold and give the false illusion of weakness.
  • The "Deep State" globalists have forced India's Modi to drop the 1,000 / 500 Rupee notes to quash physical gold sales during peak seasonal demand.
  • Officials in India admit that the total digital currency system will involve 100% taxation of every transaction.
  • Due to gold leasing schemes, central banks are creating "Phantom Gold" that exists only on paper concealing a Mount Everest sized stack of IOUs.
  • When combined with the global fiat / fractional reserve system, 7 billion global inhabitants may be facing the perfect "algorithm of economic disaster."
  • A favorite economic indicator of Warren Buffet, Freight Traffic remains anemic, suggesting that the robust GDP figure may be an illusion.
  • Rob Kirby corroborates Dr. Stephen Leeb's speculation that the PBoC may actually own 10 times as much gold reserves as officially reported.
  • Eventually the Yuan will eclipse the currencies of all competing BRICS and NATO nations as the de facto reserve currency.
  • Investors are advised to prepare for a tidal wave of Greenbacks resulting in Venuzeulan-like prices.
  • US officials, via the new Administration have a duty / obligation and opportunity to secure national sovereignty by procuring at least 20,000 metric tons of gold.

Rob Kirby of Kirby Analytics notes that the smart money, deep pockets and institutional investors are diversifying away from dollar exposure in favor of the PMs. Our guest proposes that an enormous tonnage of gold was dropped on the market following the US election - equivalent to nearly the entire US reserves at Fort Knox. The move was an "act of desperation by policymakers" to contain gold and give the false illusion of weakness. Rob Kirby insists that the "Deep State" globalists have forced India's Modi to drop the 1,000 / 500 Rupee notes to quash physical gold sales during peak seasonal demand, as corroborated by a recent article by Stewart Dougherty. Moreover, officials in India admit that the total digital currency system will involve 100% taxation of every transaction. Paul Erdos regularly said, "A problem worthy of attack, proves it's worth by fighting back," clearly the lame-stream media has a worthy problem on their hands, calling alternative news sources "A Sophisticated Russian Propaganda Tool." Due to gold leasing schemes, central banks are creating "Phantom Gold" that exists only on paper, theoretically - in actuality the slight of hand conceals a Mount Everest sized stack of IOUs. When combined with the global fiat / fractional reserve system, 7 billion global inhabitants may be facing the perfect "algorithm of economic disaster," formerly known as a Ponzi Scheme. In addition, a favorite economic indicator of Warren Buffet, Freight Traffic remains anemic, suggesting that the robust GDP figure may be a figment of officials collective imaginations; the government has little sway over the numbers (Figure 1.1). Rob Kirby corroborates Dr. Stephen Leeb's speculation that the PBoC may actually own 10 times as much gold reserves as officially reported, as much as 30,000 metric tons, over $1 trillion, more than the combined global stockpiles. If so, eventually the Yuan will eclipse the currencies of all competing BRICS and NATO nations as the de facto reserve currency. Investors are advised to prepare for a tidal wave of Greenbacks returning to domestic shores, resulting in Venuzeulan-like prices. KEY TAKEAWAY POINT: US officials, via the new Administration have a duty / obligation and opportunity to secure national sovereignty by procuring at least 20,000 metric tons of gold, with scant ceremony.

Figure 1.1. Avg. Weekly Rail Carloads - Major Decline in 2016

Note: Graph courtesy of Assoc. of American Railroads.


| Digg This Article
 -- Published: Friday, 2 December 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.