I’m sure one topic will be more bomb delivery to ISIS. Normally I’m against foreign intervention but in this case … if anybody is pure evil it is those guys.

Think the PM markets are front running the Obama Speech tonight? I don’t think the Dufus in Chief is going to say anything that will make the world feel safe, or the markets for that matter. Just thinking out loud…??

yeah, I agree, it’s a smart move BUT it’s an effing gold stock so it naturally gets pounded. I don’t even own it but it pisses me off anyway.

Russian Retaliation Begins: Gazprom “Limiting EU Gas”, Cuts Poland Supplies By 24% In Past Two Days

Submitted by Tyler Durden on 09/10/2014 08:00 -0400

Update: Bloomberg notes that Russian gas deliveries to Europe are suddenly in accelerating flux.

• Ukraine today received request from Poland to ship 11mcm/d of Russian gas, Ihor Prokopiv, CEO of Ukraine’s pipeline operator Uktransgaz, says in Kiev. Gazprom sent note it’s ready to supply just 7mcm, Prokopiv says
• Poland halted reverse gas flow to Ukraine of 4mcm/d by 3pm Warsaw, later than initially planned, Prokopiv

And yet:

• GAZPROM SAYS GAS FLOWS TO POLAND REMAINING AT 23MCM/D

So all is well on the surface. Just don’t look underneath.

---

 

Over the weekend, we commented that in response to Europe’s latest, and most serious, sanction round which would finally impact Russian energy giants Rosenft, Gazprom Neft (but not Gazprom) and Transneft, “suddenly the stakes for Russia, and thus Europe, just got all too real, as Putin will now have no choice but to really ramp up the retaliatory escalation, which following the food ban can only mean one thing: a staggered reduction in gas flow to Europe.”

And while Europe appears to have blown its load prematurely, with the sanctions leaked before Europe actually has the consensus to implement them (it is now a daily threat by Europe which is screaming that it will impose the sanctions any minute yet not actually doing so), Russia has no such moral quandaries and three days following our forecast, here comes Gazprom confirming once again that it is perfectly happy to play the “mutual defection” strategy in the ongoing and ever escalating game theory between Europe and Russia for one simple reason: it has all the leverage.

From Bloomberg:

• RUSSIA LIMITING EU GAS TO RESTRICT REVERSE SUPPLY TO UKRAINE

In other words, this is only the beginning as Ukraine has clearly made the case that it will plug its gas reserve gap using “reverese flow” of Russian gas in transit to Europe. More importantly, this follows news earlier today from Poland’s PGNiG which said Gazprom lowered supply by 20%-24% in past 2 days.

http://www.zerohedge.com/news/2014-09-10/russian-retaliation-begins-gazprom-limiting-eu-gas-cuts-poland-supplies-20-past-two-

Looks like a smart move to me. Maybe others will think so too as the day goes on.

Sure feels like we have two boots on our neck these days …

And so can millions of really unneeded gov’t employees and vendors employed in artificial job creation sectors. (solar panels etc) There are millions of these “welfare jobs” out there I call them.

Meanwhile, if all those unneeded people were on welfare instead, taxpayers would save a lot of money. Welfare people get paid a lot less.

Company gets split into two, stock gets crushed. Imagine if this were anything but a gold company it would be soaring.

http://www.thestreet.com/story/12874104/1/anglogold-to-split-into-two-sell-shares.html?puc=yahoo&cm_ven=YAHOO

Say, you don’t have magical powers do you? A man can only handle getting zapped so often. 🙂

Here, sending a truckload of these down to the Gator Football players just in case it rains this weekend. Good Luck !

I must confess, I bought some phyzz silver yesterday and clearly I jinxed whatever rally that was yesterday afternoon. No follow thru allowed – EVER.

Nothing in the known universe acts like G & S. Absolutely ridiculous.

Gold Standard Completes Initial Resource Estimate for the Pinion Gold Deposit, Carlin Trend Nevada

http://finance.yahoo.com/news/gold-standard-completes-initial-estimate-100000397.html

Pilot Gold Reports 6.16 g/t Gold Over 45.7 Metres at Western Flank Target, Kinsley Mountain

http://finance.yahoo.com/news/pilot-gold-reports-6-16-103000225.html

Asanko Gold Confirms Mineral Resources for Phase One

http://finance.yahoo.com/news/asanko-gold-confirms-mineral-resources-113341987.html

Gold Resource Corporation Leases Nevada Radar Property From Altan Nevada Minerals Limited

http://finance.yahoo.com/news/gold-corporation-leases-nevada-radar-120000090.html

Yamana Gold Provides Operational Update

http://finance.yahoo.com/news/yamana-gold-provides-operational-123030542.html

“aurum @ 22:21 on September 9, 2014

part: “The deployment marks the first time Beijing has contributed a battalion to a U.N. peacekeeping force, U.N. officials said. In March 2013, China sent some 300 peacekeepers to Mali to protect Chinese engineers building a U.N. camp in the town of Gao”

Comment:
Its looking like over time, China will be next to have the “key currency status” like what happened to the USA after WW II. When we got global reserve currency status.

China will end up taking on more of the responsibility, expenses and sacrificed soldiers needed to police the world. Don’t be surprised when China ends up to be a Net Importer Nation, on consumer goods they make now, and running trade DEFICITS, buying and having goods made in the USA Europe and Japan.

Next they end up with budget deficits. Higher taxes, more of their people on food stamps etc. China has all the money now. They can afford the costs and disadvantages, combined with their strong Yuan policy for cheap imports from western nations.

That’s the future the way I see it.

I AM DEAD until I get that first or second cup of coffee in the mornings. I cant even talk to God except maybe for a quick note of Thanks for waking me up to see another day, until I have had my coffee. (grin)

Have a great day and play in the snow, Best Farmboy

PS) Get the time, how about hurling a few snowballs in the direction of the ‘Igloo Woman’ whose name we shall not dare speak. Thanks. LOL

and lower…

http://futures.tradingcharts.com/marketquotes/GC_.html

Morning Friends

Nice Exchange last night, with various and experienced posters contributing their ideas on bullion and where/how to buy.

Good advice too ………….  for if ever a newbie comes around here …. 🙂

I like seeing that,  true believers.   Yes, trust and personal preference is so important.

My coin dealer (Citadel Coin Halifax), like Wanka recommends the most ounces for the buck.  So I buy Montreal Olympic coins and “canoe” silver dollars.  My favourite though are Canadian  Silver Maples for their beauty.  I do think (when the time comes)  they will hold a premium.

My feeling is that Kitco has  large volume of international buyers and ScotiaMaccata is small time with their online store……. hence the premium.  Both supply from Canadian Mint,  Kitco can be older coins, Scotia ……. brand new.

So far there’s  still   lots of silver on the shelves,  Who has their eyes open ??  Or  are we just tinfoil hat,  crazy stackers and hoarders ?? 🙂

Onward Pilgrims

Winedoc

When I went to M.A.s Seminar he warned to stay away from bars. Said what’s coming just incase safer with coins. Now I’m understanding more of what he said about PMs will be taken from weak hands before the next bull. Sure you think traders sell. No that’s just the uninformed or not weak but unfortunate circumstances of financial needs.  I’m seeing something else as it moves from weak countries because if weak leaders to stronger countries. These are the weak hands and the strong hands that are accumulating will not sell it back or if they do for a price much much greater than they got it.ps why because unlike the brain dead countries destroying their economies or selling them out who need cash these countries like China don’t.

I’m not sure which companies send over seas and at what price but look up provident metals and this one but never ordered from this one because I know someone locally who can hand deliver for larger orders although a easy way to check PM prices in a flash they have usually the lowest premiums around that I know of. Please dyodd on them because I didn’t see a phone number although been watching them for years so they’ve been around for a long time.

http://www.bulliondirect.com/catalog/home.do?category=1&cat=Silver%20Bullion

I also like to buy 100 oz bars from the secondary market. Where silver explodes to the upside, nobody is going to be looking at mint marks or stamps. They will just want the ounces.

rno

A London property company is charging £255 a week for “studio apartments” as small as three metres by three metres that tenants claim are “worse than prison cells” and that breach statutory overcrowding regulations.

Nineteen tiny, dilapidated rooms above a McDonald’s in Islington, north London, are earning a multi-millionaire landlord and a sub-letting company an estimated £400,000 a year in rent, a Guardian investigation has revealed.

The rent per square metre is more than twice that for other one-bed privately rented flats in the same area. Recently built studios on the same road for students are double the size but cost less. Rent on the unfithousing was being paid largely by the taxpayer through housing benefit, although Islington council has now said it will no longer pay as the units represent a “category one hazard” under health and safety regulations in terms of crowding and space. It said the taxpayer was being “ripped off”. The council has now issued an order rendering the tenancies void in two months. It follows a series of door-to-door inspections of private rented properties in the borough over the summer.

read more and see this article in the Guardian

surely a way to get people not to like your graphics work (below)