Loading ...GLD up 1.3%
USD down 1.7% – getting crushed
Has cartel fingerprints all over it. Gold should probably be up $50 today.
At least we’re up on an Op Ex day.
Was bummed to hear the Chinese aren’t helping to set the London fix.
The Corbett Report
Whether you are Canadian or American you will want to watch this important and informative video.
https://www.youtube.com/watch?feature=player_embedded&v=Fl3seahzQnk
re: Race together
Dennis Miller cracked a great one a day or two ago – proclaimed that he had just returned from a death penalty symposium at the Jiffy Lube.
LOL 🙂
Trouble in the oil patch
Oil rot spreads as loan default claim puts Connacher Oil and Gas on brink
A New York lawsuit is threatening to make Connacher Oil and Gas Ltd. a casualty of crude’s collapse in Canada’s oil sands as creditors squeeze small producers in one of the priciest places to extract the fuel.
As oil prices resumed their slide to a new six-year low this week, creditors filed suit on Monday demanding Connacher immediately repay a $128.4 million loan. If successful, the suit would make it difficult for the company to stay in business unless it finds some other source of capital, according to Moody’s Investors Service Inc.
Connacher is among smaller oil-sands companies that drew interest from debt investors willing to finance upstart developments when U.S. crude prices averaged more than $90 a barrel. With prices now about half that, those so-called junior developers are fighting to stay afloat.
Well we did a good job punching thru the $1172 range
next wall being constructed right now at $1200
Opinion: Greece ready to play the Russian card
WASHINGTON (MarketWatch) — Greece is ready to play the Russian card, bringing a new geostrategic dimension to the euro crisis.
Greek Prime Minister Alexis Tsipras moved up his planned visit to talk to Russian President Vladimir Putin in Moscow to early next month instead of in May.
Faced with intransigence by the European Union and its other creditors in rolling back austerity and alleviating its debt burden, the Greek government is quietly dangling the prospect of turning to Russia for aid.
The Greek economy may represent an insignificant portion of the EU’s overall gross domestic product, but its location at the crossroads of Europe, Asia and the Middle East continues to be of considerable geostrategic importance.
more http://www.marketwatch.com/story/greece-ready-to-play-the-russian-card-2015-03-20?link=MW_popular
Excluded for now? …………. Meet the new fix … same as the old fix
UPDATE: No Chinese banks in new London Gold Fixing system – yet
The new benchmarking process for gold in London has begun today, but without any direct Chinese involvement as yet. The new London Gold Fix – or LBMA Gold Price – as it is now called is beginning with only a small change from the participants in the old system – Barclays, HSBC, SocGen and Bank of Nova Scotia, will now be joined by UBS and Goldman Sachs to make up the number to six.
According to the LBMA there is as yet going to be no direct participation by any of the three Chinese banks which have expressed interest in joining and would appear to qualify for inclusion under the strict guidelines for doing so. The first new LBMA Gold Price benchmark price under the new system came in at $1171.75 at 10.30 am GMT this morning.
Many observers had felt that the inclusion of one or more of the Chinese banks – ICBC, Bank of China and China Construction Bank – would be inevitable from the start of the new process, but as we pointed out here a few days ago (See: Fixing the Gold Fix – with or without the Chinese banks?) their inclusion at the start was certainly not inevitable – even though China is comfortably the world’s largest consumer of gold whatever the World Gold Council and GFMS may say in qualifying what they present as Chinese consumption figures. China is also comfortably the world’s largest producer of the yellow metal and it seems extremely strange, and can only contribute to the thinking of those who believe the gold price is being suppressed by the establishment of major central banks and the bullion banks. Whether this is, in reality, the case or not will obviously be a continuing debate, but it does seem to be odd that given the huge undisputed flows of physical gold from West to East that the gold price has performed so badly over the past few years.
more http://www.mineweb.com/news/gold/no-chinese-banks-in-new-london-gold-fixing-system-yet/
Calm down folks
sure Au is running but the shares are not leading and Nem is Dog of the Day, as the Scum sell hell out of it, to keep the Hui under the cosh.
Buygold
Bumping $1180 now my friend! PM shares are liking it. 🙂
Maybe I’ll put a bid in on the Parthenon
German DAX Surges Over 12,000 On Greek Optimism, But The Money Has Run Out
snip
With Greece’s coffers emptying and payments looming, Prime Minister Alexis Tsipras’s government is coming ever closer to a financial day of reckoning.
While Tsipras may have bought some time after yesterday’s European Union summit in Brussels, he still isn’t saying what’s left in the bank and acknowledges Greece is facing “liquidity pressure.” The country’s cash shortfall is projected to hit 3.5 billion euros ($3.7 billion) in March, according to Bloomberg calculations based on 2015 budget figures.
Ipso
according to the T/A gooroo’s $1175 is a big level
Maybe if we bust it we’ll get some nice short covering? No doubt the boyz will fight us.
Buygold
I’m liking it! We could even put in a few good days in a row! Knock on wood
Ipso – yes…
…and look at the USD in free fall this am. Maybe that’ll help the pm’s some today.
We’ll be the only one left out!
US “Isolated” As Key Ally Japan Considers Joining China-Led Bank
http://www.zerohedge.com/news/2015-03-20/us-cold-ally-japan-considers-joining-china-led-bank
Good morning Oasis
Freeport Indonesia output stoppage enters 5th day as talks continue
http://finance.yahoo.com/news/freeport-indonesia-output-stoppage-enters-030247236.html
Sandstorm Gold Announces Restructuring with Luna Gold
http://finance.yahoo.com/news/sandstorm-gold-announces-restructuring-luna-100000006.html
Pilot Gold Completes 60% Earn-In at TV Tower
http://finance.yahoo.com/news/pilot-gold-completes-60-earn-103000490.html
Gold Train
Gold Train… disappearing to infinity in the mountains.
http://www.railpictures.net/viewphoto.php?id=405545
For new parents
Newborn dies from a kiss of someone with a cold sore.
US Fleet Commander a salute to him
Retired Navy Admiral James “Ace” Lyons is an expert at spotting threats and is not afraid to speak out when he sees them.
Adm. Lyons just issued a grave warning this week that 80 percent of American Islamic mosques “preach sedition.” He argued that America should end Muslim immigration and ban the building of mosques.
The admiral, author of the Center For Security Policy’s “Team B II” report on Islam in America and member of the Citizens Committee on Benghazi, spoke on a radio program claiming the Muslim Brotherhood has infiltrated the Obama administration to the point where “I would consider them a de facto cabinet member.”
While his claims are obviously extreme, his solution is certainly grounded in his lifetime experience of protecting American interests. Adm. Lyons brilliantly said he would undo the supposed infiltration by electing an “administration that puts America first.”
Lyons went further by pointing out that the Muslim Brotherhood “penetration” has been going on for decades and the real solution is to crack down on American Muslims. The admiral gave his statements during an interview with former Republican Senatorial candidate, Joe Miller. (H/T JoeMillerUS)
“Just a change in administration is not enough,” said Lyons. “There has to be a significant education program, and we haven’t touched on it.”
Lyons dire assessment continued, “Our borders must be secured. This is unconscionable what’s going on. And the immigration of the Muslims under the Obama administration that are pouring into this country must cease.”
The Navy Admiral made no attempt to hide the great lengths he would go to remedy the problem, “Their imams and those mosques should be closed down, they should be expelled to the countries where they came from and we should stop building mosques.”
He continued, “Just like Switzerland has stopped building them there and now some of the countries in Europe are starting to wake up to the threat that they’ve been so benign to.”
We recognize that Lyons’ rhetoric is strong but we support his disdain for the head-in-the-sand approach of the current administration. Obama needs to protect America from the enemy instead of giving them secret deals, secret jobs, and secret payments.
OT but quite an interesting compilation of coincidences
13 Coincidences that Will Really Creep you Out
13 Coincidences that Will Really Creep you Out
Here are your 13 coincidences with a side order of creepy. On the house.
#13
On November 4, 2008 Barack Obama won the Presidential Election. On November 5, one of the winning combinations at the Illinois Lottery was 6-6-6.
#12
South African astronomer Daniel du Toit had just finished giving a lecture with the conclusion that death could strike at anytime. Afterwards, he sat down and popped a peppermint in his mouth. Unfortunately, he choked to death on that piece of candy.
#11
During the production of Deus Ex (a video game released in 2000), the development team forgot to add the Twin Towers. An in-game explanation was given: the buildings had been brought down by a terrorist attack.
#10
The assassination of Archduke Franz Ferdinand sparked World War I. He was shot down in a car that had the license plate A III 118. The war ended in an armistice on11-11-18, at 11 a.m.
#9
In 2002, a seventy year old Finnish man was killed by a truck when he attempted to cross a highway on his bike. Two hours later, his identical twin was killed under the exact same circumstances, less than one mile down the same highway.
#8
In 1883, Henry Ziegland dumped his longtime girlfriend. Heartbroken, she hanged herself. Her brother vowed to avenge her and hunted down Ziegland. When he finally found him, he aimed for his head and shot. Ziegland fell to the ground. The girl’s brother, believing he had exerted his vengeance, committed suicide with the same gun. Little did he know that Ziegland would survive, for the bullet had merely grazed his cheek and lodged itself in a nearby tree.
Several years later, Ziegland attempted to cut down that particular tree. He had the brilliant idea of using dynamite and the resulting explosion sent the dormant bullet right through his skull. It seems the bullet refused to miss its target.
#7
In 1838, Edgar Allan Poe published The Narrative of Arthur Gordon Pym of Nantucket. The novel includes the tale of four men stranded at sea after their ship sank. Desperate, the men kill and eat a cabin boy named Richard Parker.
Forty-six years later, a ship called Mignonette suffered the same fate. The four starving survivors killed and ate the cabin boy whose real name was -you guessed it- Richard Parker.
#6
Samuel Clemens aka Mark Twain was born in 1835, shortly after the appearance of Halley’s Comet. Later in life, he predicted he would die when the comet returned. In 1910, one day after Halley’s Comet appeared at its brightest, Mark Twain died of a heart attack. Perhaps Twain considered the comet a harbinger of death. If so, he had good reason. In 1222, as the comet passed near Earth, it appeared to be moving west. At the time, Genghis Khan was preparing for his invasion. Believing this was a sign, he also marched west, killing millions in the process.
#5
September 20th, 1911. The RMS Olympic, White Star Line’s lead transatlantic ocean liner collides with a British warship called HMS Hawke. The Olympic suffers severe damage to its hull and nearly capsizes. Fortunately, no-one is seriously injured or killed.
Seven months later, the sinking of the Titanic would become one of the deadliest maritime disasters, claiming the lives of more than 1,500 people.
In the morning hours of November 21st, 1916, the White Star Line’s largest and latest Olympic class vessel, the HSMS Britannic was shook by an explosion. Fifty-five minutes later, it sank in the Mediterranean Sea. Thirty people lose their lives. It is unclear whether the explosion was caused by a torpedo or underwater mine.
What do all of these disasters on water have in common? Well, besides involving three out state of the art passenger ships belonging to the same shipping company? One stewardess/nurse was present on all of them when things went bad. She survived them all, leading some to believe she was an albatross.
#4
A Frenchman called Jean Marie Dubarry was executed for murdering his father on February 13, 1746. One hundred years later, on the 13th of February, another man was executed for patricide. His name? Jean Marie Dubarry.
#3
A French Baron named Rodemire de Tarazone was killed by Claude Volbonne in 1872. Two decades earlier, Baron de Tarazone’s father had been killed by a different man, also named Claude Volbonne.
#2
King Umberto I of Italy was having dinner in a restaurant in the city of Monza, on July 28th, 1900. To his astonishment, he found out the restaurant’s owner looked exactly like him and was also named Umberto. Furthermore, their wives had the same name and the restaurant had been opened on the same day as King Umberto’s coronation. The next day, both Umbertos were shot dead in unrelated incidents.
#1
On November 26, 1911, three men were convicted of murdering Sir Edmund Berry and were promptly hanged at Greenberry Hill in London. The men’s names were Green, Berry and Hill.
Source:Â http://locklip.com/
Mr Cooper
Here’s a rather gory link to what the normal heathy girl had to endure before she died and surprised she lasted this long. this link pretty gory but tell the real story. If anyone sees eves to die of a thousand cuts it would of been this monster and his associates for that matter. Why power can corrupt or say inhamce the already corrupt.
http://www.bestgore.com/murder/junko-furuta-murder-pictures-full-story/
Mr Copper 22:25?
That’s why we have to eliminate too big to go to jail. The poor get no breaks and shipped off to work camps for profit. Who do you think God is gonna forgive more the kid who sells a drug or steals food who can’t find a job despite trying or a rich senator who murders cheats people because they can.