Crude’s given up all its gain–but I do not think PMs will go down with the stock mkt like in 2008…

Good! YOU COULD BUY ME OR SELL ME  multiple times over. But, I believe this is an opportune time to leverage money on a call in silver. I can’t put anymore in without confirmation…money management you know. But, but, but, I’m ready.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/30_A_Historic_Bottom_Being_Made_In_Gold_%26_Silver_%26_%2410%2C000_Gold.html

Whip that ebola or it’s 3G…Georgia Guidestone Goal

Can you identify the folks from Dallas in the vid?

Hey winedoc, time for some different car parts

Completed:
Sort By:
JNUG – 8:13
Bought 2000s @ $12.00 – Total: $24,007

Completed:

Sort By:

JNUG – 11:36
Bought 2000s @ $12.39 – Total: $24,787.00

Completed:
Sort By:
JNUG – 01:24:46
Sold 2000s @ $12.73 – Total: $25,452.43
JNUG – 11:36:12
Bought 2000s @ $12.39 – Total: $24,787.00

Beer making you smarter. Don’t fall for it. Although someone did say it made Bud wiser.

– China could purchase the total United States gold reserve (8133 metric tonnes) with 8% of its foreign exchange reserves.

– It could purchase the total global gold reserve (31,866 metric tonnes) with 32% of its foreign exchange reserves.

– It could purchase all the gold stored by Exchange Traded Funds (+/- 1750 metric tonnes) with less than 2% of its foreign exchange reserves.

– At $4900 per troy ounce, the value of U.S. gold reserves would match China’s U.S. Treasury holdings of roughly $1.28 trillion.

– At $4700 per troy ounce, the value of the world’s gold reserves would match China’s total foreign exchange reserves of roughly $4 trillion.

– To put it another way, China could pay double the current price for the world’s total gold reserve and still have nearly $1.5 trillion in foreign exchange reserves.

– China sits atop the list of the world’s foreign exchange holdings. The United States ranks thirteenth at $133 billion. For the United States to ascend to the top of the rankings, it would need to revalue its $319 billion gold reserve to almost $4 trillion – or raise the value to just under $15,300 per troy ounce.

http://www.usagold.com/publications/Oct2014R&O.html

Come on now. Strap it on and stop being such afraidy cat! Buy, Buy, call options and make a ton of money. Silver has been washed out and you know it.

The fast money boys on cnbc are still chirping “buy buy buy”…I doubt this is a turn for gold but if it is turns always look ragged and tentative-as I have said before…

“Economics growth is delivering and earnings growth is delivering”  The boys on Fast Money repeat the stock bulls favorite mantra= with all that’s thrown at this mkt, it is resilient”

SM only down 1%

Overdue for significant correction

Its hard to whisper …… “Onward Pilgrims”  …….  Silver has been beat down  SO  far

Winedoc

Hopefully. I’d think we’re going to need  pretty big SM meltdown for them to announce more QE.

“bad enough to force the Fed back into QE.”

I think that’s a done deal at some point. We really fly then.

RENO (Mineweb) –

California-based suction dredge or hobbyist gold miners recently scored a legal victory as the California Court of Appeal held that a state ban forbidding all commercial beneficial use of a federal mining claim is preempted by federal mining law.

In 2009, California adopted a temporary moratorium on motorized suction-dredge mining; eventually the ban became permanent as the California Department of Fish & Game concluded that there are significant and unavoidable environmental effects from suction dredging which the agency lacks the legal authority to fully mitigate.

Environmental groups and Native American tribes have argued that the dredges destroy the spawning beds of salmon and other fish.

As a result of the ban, many owners of mining claims on federal land argued that the moratorium deprived them of an efficient method of extracting gold from streambeds that previously enabled them to earn a living.

cont. http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=255025&sn=Detail

It sure look like a correction is coming. Hopefully it’ll be bad enough to force the Fed back into QE.

Ten year bonds are screaming higher. Looking for 2% yields by year end.

Too bad they’re stuffing pm’s as usual.

ISM Biggest Miss Since January: Orders Tumble, Employment Slides, Backlogs Contract, Construction Spending Negative

Submitted by Tyler Durden on 10/01/2014 10:13 -0400

So much for the string of near record ISM prints. Oh… and the recovery too.

As we had been warning all along looking at the unadjusted data (because for some reason surveys need a seasonal adjustment), US manufacturing was actually far weaker than expected. And sure enough, moments ago the ISM confirmed what we had been saying all along when it reported that the headline PMI dropped fromm 59.0 to only 56.6 which was the biggest miss since January, with the all important New Orders tumbling from 66.7 to only 60.0 and the unadjusted print matching the lowest since March, Employment sliding from 58.1 to 54.6, and Backlogs dropping back into contraction from 52.5 to 47.0. So much for the subprime autoloan driven renaissance: it appears that whoever could buy a Government Motors car with a 550 FICO, already has. And now…what

http://www.zerohedge.com/news/2014-10-01/ism-biggest-miss-january-orders-tumble-employment-slides-backlogs-contract-construct

The SM is certainly showing cracks … next comes fissures and after that … The Pits of Zool!

Singapore Global Gold Hub Cometh – Launches Kilo Bar Contract And Gold ATMs

Singapore Becoming Global Gold Hub – Launches Kilo Bar Contract And Gold ATMs

Singapore continues its push to be a global gold hub. The new exchange traded Singapore kilobar gold contract will launch in less than two weeks – on October 13. The new contract is a 1 kilogramme physically deliverable gold contract for the Asian and global wholesale gold market.

In a joint statement, International Enterprise (IE) Singapore, Singapore Bullion Market Association (SBMA), Singapore Exchange (SGX) and the World Gold Council, announced the new contract yesterday.

The contract will be traded on SGX, the first wholesale 25 kilobar gold contract to be offered globally, and this is a collaboration among the four parties. The SGX is Singapore’s securities and derivatives exchange and clearing and depository provider.

This caters to the very high demand for physical gold in China and throughout Asia, which has increased significantly over the last decade.

This new gold contract differs from others in that as well as acting as a price discovery benchmark for 1kg gold bars in the Asian region, it has been specifically designed to actually deliver gold to large buyers, wholesalers and institutions, presumably including central banks.

Settlement of the contract is in gold 1kg bars and not in cash. A 1kg gold bar is 32.15 troy ounces.

more http://www.zerohedge.com/news/2014-09-30/singapore-global-gold-hub-cometh-launches-kilo-bar-contract-and-gold-atms

Down about 500 points.

Although the algo’s have the metals on lockdown. At least the USD is taking a breather.

Bonds rallying hard. Somebody is afraid of something going terribly wrong.

Wow!  They’re trying to freeze us out of silver.  Talk about a ‘snow job’!  Don’t worry.  This train will bust through… “walkin’ in a Winter Wonderland”
http://www.railpictures.net/photo/498588/

Hot money came out of palladium …….

Silver is just stinking up the place  ……..

At least my venture into Rare Earths was brief …….

Molycorp  (from 80 to zero)

What a casino

Somethings gotta give

Morning Friends

Winedoc

It’s HERE folks!  Dallas has the first US “wild” case of Ebola that came in on an airline traveller.   CDC says it is ‘contained’.  Remember when they said that about Africa, also?  All the people that shared that plane, and the airport transfers, and God only knows how many of the open public were exposed.

Ebola is here in the USA.

How can you protect & treat yourself if this runs wild?  Remember our poster friend ‘Israeli’ who is a big advocate of Vitamin C.  In large doses it inactivates viruses… any of them… Ebola included.  So in my research I have come across a way to make a highly absorbable form of Vitamin C that can rival an IV dosage, without the ‘loose bowels’ that happen from attempting massive digestive absorbtion of Vitamin C.

First, some background and advice on Vitamin C and Ebola.  Some claim it is a ‘cure’…  I do not believe that.  But it is a good TREATMENT… and possibly the only one available to the general public.  Here are two articles on Vitamin C and Ebola.  The first one is good, rational advice:

http://www.sott.net/article/284126-Vitamin-C-A-cure-for-Ebola

This second one is a little more conspiratorial and adamant about Vitamin C being a ‘cure’….   don’t know if that is true or not, but it is good advice:

http://jimstonefreelance.com/ebola.html

Here is a good YouTube video on how to make highly absorbable  “Liposomal Vitamin C”.  You need ascorbic acid, and for large dosages preferably some Bicarbonate of Soda for an acid buffer to neutralize the pH, and some good, organic Lecithin for the liposome (plant fat).  A blender, and then an ULTRASONIC CLEANER Tank get the liposome to encapsulate the vitamin C for absorbtion:

I’ve been collecting the ingredients, and my stainless Ultrasonic tank just arrived, so I have not had a chance to test this yet.  Some of you may remember that in the past my battles with mercury poisoning and the extensive IV treatments I had.  I have experienced an IV drip of 20 grams of Vitamin C with no ill effects.

As always, this is not medical advice and I am not a Medical Doctor.  I am a native american medicine man, and my intention is to treat myself in the event of a widespread outbreak of disease.   I hope to be reporting back someday soon on making my own “Ultra” Liposomal Vitamin C and how it works on me.

If that YouTube video did not post right, the URL is

{www.youtube.com/watch?v=1cBp879mfgI}