Loading ...Cash to be limited in Europe from there they will lower the amounts. Have no doubt about that. Think I saw something like that coming before he talked about it or some reporting method. Even he said, markets can’t be manipulated forever ” acknowledging they are when they want a edge” but looks like as long as they can.
eeos@8:26
You said, “You’re suspect in my book silverngold.”
I’ve often thought the same about you. LOL!!! I’ve thought either you are blind or you have an agenda yourself to discourage others from seeing what is plain to see by anyone with a brain and at least one eye. Have you ever watched any of the videos on Geoengineering, climate change, weather warfare etc? It appears it is your job to discourage any thought that the PTB are using geoengineering as one of many methods to depopulate the world.
And on the subject of staying on topic of gold and silver, I’m having trouble recalling any posts of yours that are on topic of gold and silver. All I can remember is your negative posts trying to discredit or discourage others who are striving to expose what is happening in our world. Whatever!! You are entitled to your opinion, just as I am entitled to mine!!
All the Best eeos……….silverngold
Best article-to date–on the Greek sittchy-ation!!
[quoted herein=CARL Weinberg of High Frequency Economics-in Barrons this weekend]
The Greek Bluff In All Its Glory: Presenting The Grexit “Falling Dominoes”—Zero Hedge
What would happen if Italy suddenly got an extra funding requirement of more than €60bn? Every euro apologist point to Italy’s primary surplus, but what good does that do when your debt is over 130 per cent of GDP and rising? The interest payment on that gargantuan debt load means Italy must cough up more than €75bn a year just to service liabilities already incurred. A primary surplus is a useless concept in a situation like the one Italy finds itself in. Adding another €60bn to Italy’s balance sheet could very well be the straw that breaks the Italian camel.
The French would be on the hook for around €70bn just when they have agreed with the European Commission to “slash” spending to get within the Maastricht goal of 3 per cent, in 2017!
Imagine the German peoples wrath when they learn that Merkel defied their sacrosanct constitution; a constitution that clearly state that the German people, through its Bundestag, is the sole arbiter of any act that have fiscal implications regarding the German people. The Bundestag did not approve the €42bn of ECB programs that have funded the Greek states excessive consumption.
All this is purely theoretical. For the practical implications of the above “falling domino” chain, we go back to Carl Weinberg:
What if a downgrade of ESM paper causes a hedge fund to fail, which triggers the demise of the bank that handles its trades? The costs of fixing failed institutions will also, of course, fall on governments. The ultimate cost of Greece’s default is yet to be seen, but it is surely larger than it seems.
Contained? We think not. And neither does Varoufakis, which is why he is willing to bet the fate of the Greek people on that most critical of assumptions. The only outstanding question is what does Mario Draghi, and thus Goldman Sachs, believe, and even more importantly, whether the Greek people have enough faith in Varoufakis to pull it off…
Gold, Silver, Geoengineering & Consciousness…
For one… I like and encourage Silver’nGold’s material and believe it it VITAL for people to at least investigate/research it and if it doesn’t resonate with the individual as truth or one’s particular path to truth/reality and whatever that is fine… move on and find another… But Eeos to tell one because they can’t prove one way or another something then it’s best to move one …. REALLY …. to me that is suspect.!!
From my perspective Geoengineering/GMO’s/Vaccines/Crappy Education Systems/Fiat Currencies/Financial Manipulation/Debt/Derivatives/Corrupt Medical Systems/gold & silver price suppression…… are ALL intertwined… all heads from the same “HYDRA” ….. that seems rooted in the Banking/Military Elites and beyond….
It’s a complex puzzle… some are driven to work through it… and some are happy to just be passengers… no judgement… but for me… Working with these other areas along with gold and silver is an evolution of the site…. !!
“Geo-engineering Exposed”
https://www.youtube.com/watch?v=zXkVGxLmlAA
This one’s for you SilvernGold….. the intent, effects and countering of ‘chemtrails’ and their ‘transhuman’ agenda…
Have a great Sunday all…
Islandgold
ps Equistrium…. Do love horsetail … we have used it in the past… excellent for hair and nails!!
Or climate change by HAARP cld be a complete myth
And here you been going off on it for years and it doesn’t even exist. You can’t prove or disprove your case so you might as well just sit down. Can we just focus on what the site was built around and that is investing in gold and silver? Or do you want to keep steering us away from our primary interest? You’re suspect in my book silverngold. Don’t smoke too much of the good stuff that makes you paranoid
Equisetum @ 20:25
Those are the tallest Horsetail I have ever seen!
Just how high do those measure up from ground level?
Bill Holter on Murph’s site=Euro bond mkts seizing up
Credit markets are almost closed, I am being told! I REPEAT again the CREDIT markets are almost closed! Trades are happening by appointment and to even move 1MM EM bonds (at an opening price) is almost impossible.
Think holding government debt at par for the likes of Italy or Spain knowing they can never clear the debt, and knowing that no one will buy at market. So what is the true value of a large portfolio? Do you hang on getting interest while it is still being paid or do you attempt to go to cash? And if you do who is going to step into your shoes ? Especially since the banks are all trying to save cash and want no exposure of any kind. We maybe approaching the point where central banks are losing credibility and their ability to contain the fallout, when governments are so badly in debt they are powerless and rudderless in a sea of chaos.
It is not uncommon to hear an indication only to trade and a 2% trade away from from opening, assuming you are able to trade, and desire to trade is no guarantee of a sale. NO ONE is standing up to market prices and to liquidate even a small portfolio can take weeks. It is important that you cannot any longer trade the basis as value is dropping and there no point to partially selling specific bonds unless you can clear a given position! Because once there is a traded price ALL holders of same or similar will have to remark the book. That is unless you are a bank where the Balance Sheet is not a Mark-to-Market approach on a daily basis for the book being held.
We are coming very close to complete chaos that will make 2008 look like a walk in the park! We will be fortunate if we make fall without a real financial disaster!
Equisetum
How beautiful! Do you harvest it?
Equisetum that I photographed at high noon today.
There is unusually robust height growth this year. This particular species of Equisetum does not seem to mind at all the Gore-Floridagold climate warming as long as its roots are in moist floodplain soil near my planted Sitka spruce.
Ororeef
I’m not Catholic so I have no idea what is going on but the locals are getting restless.
Rno
redneckokie1 @ 12:59
The POPE is a Jesuit that says it all ,H’s Part of the 3 J/s
Auandag @ 13:38 …Climate Engineering….Weather Warfare
Great presentation by Dane Wigington….a real hero in my book. The guy is completely honest and sincere in his efforts to expose what is right before our eyes, but still most people refuse to see. I’ve whipped this dead horse on this site, and before this site on Goldtent, since they started spraying here in September 2007. I’ve been told many times to sit down and shut up and maybe even been temporarily banned, or threatened to be banned, from the Tent if I didn’t.
So thank you for carrying the torch. What Dane says, IMO, is all accurate. All life on this planet is being destroyed by these psychopaths. What needs to happen is a world wide house cleaning of all governments that are involved, and if nukes are available then they need to first be used to destroy all the HAARP facilities around the world. That might end this madness!!
I know this is a precious metals site but you have to be healthy and living to enjoy winning in the end, because the streets of Heaven are already paved with gold, and you can’t take it with you anyway.
All The Best!!………Silverngold
Geoengineering
They know what is going on
They don’t know what to do about it
They are scared as hell about it
Catholic Church to the left!
conservative Catholics in mid-America are none-to-happy with the actions of the current leader. Conservative bishops and cardinals have been removed from leadership positions with predicable results.
the Greek domino has fallen. If it’s big enough to knock over the next domino is now the big question. Who issued the derivatives and will they pay up? John Corzine found out the financial mafia doesn’t pay. The rotten system will get more exposure in the coming weeks. Paper anyone?
if you don’t have phiz in your hand, you have a promise from someone who has no intention or ability to pay.
rno
Re: Eldorado’s mine being built in Greece
Could Greece become the European Venezuela?
A dispute with miners in a village in northern Greece suggests the Syriza government shares the “Chavista” anti-capitalist agenda
This simply guarantees that G&S will never rise much from current levels and may actually decline to 600-800
Now, cutting social spending is usually considered political suicide (after all, the voters put you in office in the first place based on you promising to pay them welfare payments down the road). So rather than default on the social contract made with voters, the political class will simply push to issue MORE debt to finance old debt that is coming due.
The US did precisely this in the fourth quarter of 2014, issuing over $1 trillion in new debt simply to pay back old debt that was coming due.
This is how the bond market becomes a bubble. Between 2000 and today, the global bond market has nearly TRIPLED in size. Today, it’s north of $100 trillion in size. And it’s backstopping over $555 trillion in derivatives trades.
There is literally no easy fix to any of this. The pain will be severe. And so everyone in charge of the important decisions (the political elite, the big banks, and the Central Banks) will push this as far as it can possibly go before taking the inevitable hit.
Greece just took a hit… and once again it’s depositors that will take it on the chin. But this process is only just begun. Similar Crises will be spreading throughout the globe in the coming months.
http://www.zerohedge.com/news/2015-07-03/100-trillion-bond-bubble-just-burst
Richard 22:48
Paraphrasing : Anticipation is a key factor in losing money.
commish @ 22:28 on July 3-That is so wierd
That is one of the few tv shows I used to watch. At the time that went completely over my head!
This is the 147th time I’ve heard this in the last 15 yrs=
Andrew Maguire Warns The Price Of Silver Is Set To Skyrocket In A Massive Short Squeeze
July 03, 2015
Andrew Maguire Warns The Price Of Silver Is Set To Skyrocket In A Massive Short Squeeze
Today London metals trader Andrew Maguire told King World News that the price of silver is set to skyrocket in a massive short squeeze!
Andrew Maguire: “Silver is the big story at this time. And it gives away what the same market-making bullion banks are up to in gold. In almost 40 years of trading I have never seen such a bullish set up in silver….
“We will look back (and marvel) at this unprecedented inflection point. Since we’ve started the year, open interest in both gold and silver have increased while prices have declined. Silver is the primary focus because it involves the same actors in a much smaller market and the footprints are much easier to read.
The Same Entities Who Were Naked Long Silver At $49 Are Now Record Short
Silver started the year at around $16.50 and had an open interest of around 150,000 contracts. Last Friday silver closed at $15.76, with an open interest of around 200,000 contracts. That’s a 50,000 increase in open interest. This evidences a large short position that’s been built up since we ended 2014. The only question that remains is: Who holds this short position?
We can clearly see that the swap dealers, who crafted and setup the building of this short position, have successfully transferred it to the managed money or hot money funds. These managed funds are naked short for the first time since last October. This is an unprecedented and historic short position held by these same naked short specs who were naked long 50,000 contracts less at $49 silver.
These Weak Hands Are Now Exposed To A Massive Short Squeeze In Silver
So these same weak hands are now exponentially more exposed to a short squeeze than they were ever exposed to a long rinse (at $49 silver). And I’m quite sure that the primary bullion banks — the producer merchants who hedge silver — have successfully built a large inventory of discounted silver and are poised to pull the trigger on higher prices now that the naked short open interest has reached unsustainable and historic levels.”
Buygold
Yes there was a protest for days in Sacramento over the vaccines. I talk to them and was while it was going on.
A few days were hot like 107 and 109 and they were out there in that. That’s why I posted why Pan who instigated it and was accept ion money from Pharmas drive by to park and was laughing at them.
Also they have a bill to pay doctors to fully vaccinate and these doctors are pushing them on everyone. Just today someone posted that her child got sick after one states seizuring and even then they tried to give him another.said might as well get his MMR too while he’s here.
She was ready to kill him she said. Pan also has it on his agenda to do the same for adults saying they can’t work if they don’t have proof of vaccinations. Pan deserves a special hemp tree and Brown not far behind. It’s all their plan for profit any dont care what they say who died who suffered these children are nothing to them nor the civil rights of the children or parents.
I posted on a new 10 Sacramento blog when they asked about fourth July what you plan I said for what your freedoms you don’t have in short. Got friends requests over that lol