Loading ...It’s the same text but I agree with their sentiments! 
Richard640 @ 12:39
Will Libor Lead T-Bills
Libor Rates started up in earnest in November and it looks like T-Bills will mimic a Year Later ..
Does that indicate monetary Policy is made in LONDON ?
Scruffy re 2 minutes of truth from a fatcat
What was pathetic was Baier pretending he was suprised/din’t know….yr Media needs a major kicking and the Donald is starting the job.
Ipso–here’s a similar take cept it’s another COT analysis–from Tumbir
Smart Money ready to bet on gold?
Consider the Hedgers’ [smart money] MAXIMUM net short positioning in gold futures which occurred in December 2009—-21 months – and another 50% gold rally – before prices topped.
How is that relevant for gold? As of this week, Commercial Hedgers are holding the LOWEST net short position in gold futures since the launch of the gold bull market in 2001.
Does this mean that a reversal higher is imminent in gold? Not necessarily. The thing with COT analysis is that it is difficult to correctly determine when an “extreme” in Hedgers’ positioning will actually result in a price reversal. As is said regarding all sorts of market metrics, an extreme in COT positioning can always get more extreme. Plus, the COT positioning can peak well in advance of the turn. Consider the Hedgers’ maximum net short positioning in gold futures which occurred in December 2009, 21 months – and another 50% gold rally – before prices topped.
Thus, it is tough to time trades with accuracy based on the COT report. However, one thing we can say in the gold bugs’ favor: what had mostly been a headwind for gold for the past decade or so is no longer the case. While it may not make an immediate impact, the “smart money” Commercial Hedgers are now more aligned with them than at any point since the bull market began in 2001.
________
More from Dana Lyons, JLFMI and My401kPro.
Is The “Smart Money” Ready To Bet On Gold?
For the last three weeks, gold has experienced something that has never happened before – hedge funds aggregate net position has been short for the first time in history.
http://www.zerohedge.com/news/2015-08-09/smart-money-ready-bet-gold
Scotland to ban GM crop growing
2 hours ago
Scotland is to ban the growing of genetically modified crops, the country’s rural affairs secretary has announced.
Richard Lochhead said the Scottish government was not prepared to “gamble” with the future of the country’s £14bn food and drink sector.
He is to request that Scotland be excluded from any European consents for the cultivation of GM crops.
But farming leaders said they were disappointed by the move.
Under EU rules, GM crops must be formally authorised before they can be cultivated.
An amendment came into force earlier this year which allows member states and devolved administrations to restrict or ban the cultivation of genetically modified organisms within their territory.
‘Consumer backlash’
Mr Lochhead said Scotland’s request for opt-outs from GM crop consent would cover an EU approved variety of genetically modified maize and six other GM crops that are awaiting authorisation.
He said that Scotland was known around the world for its “beautiful natural environment” and banning the growing of genetically modified crops would protect and further enhance its “clean, green status”.
Mr Lochhead added: “There is no evidence of significant demand for GM products by Scottish consumers and I am concerned that allowing GM crops to be grown in Scotland would damage our clean and green brand, thereby gambling with the future of our £14bn food and drink sector.
“Scottish food and drink is valued at home and abroad for its natural, high quality which often attracts a premium price, and I have heard directly from food and drink producers in other countries that are ditching GM because of a consumer backlash.”
The announcement was welcomed by Scottish Green MSP Alison Johnstone, who agreed that the cultivation of GM crops would harm the country’s environment and reputation for high quality food and drink.
But she called on ministers to go further by challenging big retailers to improve their labelling to show whether meat, eggs and dairy products come from animals fed on GM feed.
‘Embracing biotechnology’
The move has also been broadly welcomed by environment groups.
But Scott Walker, chief executive of farming union NFU Scotland, said he was disappointed that the Scottish government had decided that no GM crops should ever be grown in Scotland.
“Other countries are embracing biotechnology where appropriate and we should be open to doing the same here in Scotland,” he said.
“These crops could have a role in shaping sustainable agriculture at some point and at the same time protecting the environment which we all cherish in Scotland.”
Huw Jones, professor of molecular genetics at agricultural science group Rothamsted Research, said the announcement was a “sad day for science and a sad day for Scotland.
He said that GM crops approved by the EU were “safe for humans, animals and the environment”.
“The Donald”
Has hit a Nerve among those that voted with emotions in the PAST and it is they that Got us into this MESS …..
This President is the embodiment of all that wrong Headed emotional thinking ..the kind of stuff that sinks economies all around the world
with Leaders that have NO IDEA what a BALANCE SHEET is all about or a P&L STATEMENT …..They just want MORE !
They gang up and denigrate on anybody that SEZ WE CANT AFFORD THAT ! I NEED,I NEED , I NEED when what they were really saying was I want,I want,I want ..and I’m going to ELECT ANYONE who will give it too ME …Thats where the DEMAGOGUES enter the Political Arena and are epitomized by Obama who will Pander to all the I Wants,I deserves,I am entitleds……
and FUNDS it with DEBT,DEBT,DEBT ……Give em what they want…and then make em pay for it …..! boy WAS THAT EVER true….!
its THE DEMOCRAT CREDO….and thats how they get elected !
“THE DONALD” is going to get elected to be most hated man in America by telling the TRUTH ! and identifying who THEY ARE that voted us into this MESS. Every special interest group ….MEDIA WHORES ,Feminists ,Gays,Lesbians,Blacks,Hispanics ,Mexicans and soon Puerto Ricans ..
The first question is will “THE DONALD ” hang around with the MUD slinging and NAME calling,and threats to his life and family really get started ..It seems to me ROSS PEROT went through the SAME bull shit and decided not to.. and everything ROSS warned about came TRUE !..REMEMBER HIS GIANT SUCKING SOUND ? that sound was jobs,jobs,jobs ,but the DEMOCRATS won that bet and got elected !
Are you happy with THAT victory over a truth teller ?
Each time someone emerges that wants to FIX it ,its a bigger Problem and the HATE Gets Worse…! NOW we have the Black Communists to deal with ! Donald you have NO idea what your up against…Your going to need the Balls of Genghis KAHN..the discipline of a Military General …Who is watching you Back ?
Good LUCK!….Bon Chance !,Bona Futura !
Its NO WONDER the Founders NEVER gave us a Democracy ! It always ends like Greece the inventors of it !
In short the WHOLE DEMOCRAT PARTY …..the Question is will this HATE get him elected by that REST who have had enough of it !
Maya
We shape clay into a pot, but it is the emptiness
inside that holds whatever we want.
Lao Tzu
Dinner Train
It’s Saturday night. Scenic Rail Dining… on the Gold train,
as we cruise through Wisconsin.
http://www.railpictures.net/viewphoto.php?id=539880
ipso facto @ 20:10
Swami sez:
Dangle a crystal ball in front of each eye. You will see all… in stereo.
Incredibly stupid thing to say Donald
Atlanta (CNN)—Donald Trump’s feud with Megyn Kelly escalated Friday night when he said the Fox News host had “blood coming out of her wherever” at this week’s Republican debate, resulting in swift condemnation from conservatives and a major political event pulling its invitation to him.
During Thursday’s presidential debate, Kelly pressed Trump about misogynistic, sexist comments he made in the past, such as calling some women “fat pigs, dogs, slobs, and disgusting animals.”
Trump slammed Kelly, saying her questions were “ridiculous” and “off-base.”
“You could see there was blood coming out of her eyes,” Trump told CNN’s Don Lemon on Friday night. “Blood coming out of her wherever.”
But the comment crossed the line, RedState.com editor Erick Erickson said Friday night. He disinvited Trump from the RedState Gathering, a conservative event featuring GOP presidential hopefuls this weekend in Atlanta. Trump was scheduled to give the keynote speech Saturday night.
Saturday morning, Trump attempted to clarify the remark on Twitter.
“Re Megyn Kelly quote: ‘you could see there was blood coming out of her eyes, blood coming out of her wherever’ (NOSE). Just got on w/thought”
http://www.cnn.com/2015/08/08/politics/donald-trump-cnn-megyn-kelly-comment/
Maya
… but on a more important note … could you please ask Swami where I left my glasses?
Buygold @ 17:51
Swami Sez:
“Something” in the air starting today will spook the Chinese wives to distrust the currency… and buy Gold en-masse at a consumer level. Watch for increasing demand from Chinese populace.
That headline looks like it could be a trigger for things to come…
oldie but goodie
http://dominicfrisby.com/films/debt-bomb-2
CAUTION! video is “R” rated. pretty mild by today’s web standards.
DEBT BOMB
(Lyrics by Dominic Frisby)
Aw, aw baby, yeah, ooh yeah, huh, listen to this
Mortgages, cars, consumer shite
Government spending all through the night
Pensions and healthcare and welfare rights
Education , wars to fight
Ooh, I love a good war to fight
Run up a deficit, ignore the facts
Blame someone else, put up tax
I can’t deny we had a crack
But now we gotta pay it back
Debt bomb, debt bomb, you’re a debt bomb uh hu
The addiction to credit just goes on and on and on – give it to me
Debt bomb, debt bomb, you’re a debt bomb
A bail-out ooh you’re turn me on
You know what you’re doing to me don’t you. ha ha,
I know you do
If you can’t afford it don’t be ill at ease – no
Spend it anyway, you’ve got voters to appease
Take the prudent savers and just give them a squeeze
That’s the economics of Keynes
Quantitative easing, zero interest rates
Steal from the future, hide the bad mistakes
We gotta keep those asset prices high
Don’t matter if the credit’s dry
Debt bomb, debt bomb, you’re a debt bomb uh hu
Try to pay the debt off with inflation
Debt bomb, debt bomb, you’re a debt bomb
Malinvestment ooh you’re turn me on
A boom brought about by credit will always bust
You’ve then got two choices, decide you must
Abandon the addiction, the credit lust
Or the currency collapses , it just turns to worthless dust
Debt bomb, debt bomb, you’re a debt bomb uh hu
Destroy the country’s money, anything to carry on
Debt bomb, debt bomb, you’re a debt bomb
Bubbles ooh you’re turn me on
Fiat rules
Chinese Trade Crashes, And Why A Yuan Devaluation Is Now Just A Matter Of Time
Submitted by Tyler Durden on 08/08/2015 15:59 -0400
Two weeks ago we showed something very disturbing (something even the IMF is now figuring out): global trade is grinding to a halt…
R640
“With a six-year low for gold demand in the first half of this year”
Is he talking about paper or physical demand?
Just askin’
This is a good article
Gold appears to be close to lowest in its price cycle
Peter Cooper—August 7, 2015
Is gold a buy now, or should you wait for a possible autumn price crash?
With a six-year low for gold demand in the first half of this year and the lowest prices since the global financial crisis, the negative headlines for gold have reached something of a crescendo over the past month.
This is what you usually see at a cyclical bottom for prices in any financial market. The Reuters/Gems report on gold demand in the first half of the year was particularly damning, with the Chinese stock market bubble attracting a large group of previous buyers of gold.
However, the latest feedback from the Perth Mint, one of the largest gold refiners in the world, is that it cannot produce bars and coins fast enough to satisfy a sudden surge in demand from China, India and Thailand, as physical gold buyers there are responding to the lowest gold prices in many years.
It is probably no coincidence that the Chinese stock market bubble has also just gone spectacularly bust. Money is coming out of that market and into gold. That is the way money flows – out of one asset class that is topping out and into the one that appears to be at a bottom.
So have gold prices actually bottomed out? Or could there still be a dramatic lurch down in prices as in the wipeout during the 2008-09 global financial crash?
It’s a tough call, and on this question gold forecasters have indulged in more fudge than you would find in Cornish villages at this time of year. Even when I can get a clear statement out of them, there is always somebody who writes to me saying I have misunderstood it.
So at the risk of upsetting another gold bug, or more probably a shorter of gold, I can only say this – gold prices could well be at their bottom now because the negatives are stacked so high, and because I can see those negatives so quickly becoming positives in the near future.
Central is the assumption that US interest rates are going up and that this will be bad for gold, as it pays no interest. This is not very likely to happen, or will take place only in tiny steps, because the Fed knows that one wrong step will crash US equity and bond markets. Just the possibility of it happening has already brought the Chinese stock market to its knees.
Even if interest rates do rise dramatically, this is not necessarily bad for gold prices. They last rose exponentially in the late 1970s during a period of very high interest rates. The correlation sounds obvious, but actually it is false.
Then we have to ask: if gold prices have been falling while stock and bond markets have moved into unsustainable bubbles, then won’t the reverse also be true?
The money flowing out of equities and bonds will, at least in part, find a home in gold investment, and silver too if history is any guide. Given that the gold market is very small relative to stock and bond markets – less than one-fiftieth on one calculation – the impact on the price of money moving out of such large markets and into precious metals will be huge.
But it is still conceivable that precious metals could retest much lower lows than we have recently seen in another global financial crisis, perhaps this autumn. Why is that? In a crash everything moves lower because those in trouble have to dump all their assets and the good gets sold off with the bad.
That said, the gold price falls will be lower than on other assets, as the market will be anticipating that gold will rebound more quickly than anything else, as it did in 2010-11. At that time, gold prices rocketed from the bottom and silver prices rose a phenomenal eight-fold.
Could this just be a dress rehearsal for what is coming next in precious-metal prices? Actually yes, and there is a very good reason to think it highly probable.
The doyen of the commodities gurus, Jim Rogers, has pointed out that he cannot remember a single incidence of a commodity bull market without a 50 per cent fall in the price before a final exponential price surge that marks the real end of a bull market.
Gold has just had its 50 per cent retracement. That is to say, a fall in price to halfway between the starting point of about US$250 an ounce in 2000 and the top of $1,923 in 2011.
Now we should see the real boom in the gold price. This is totally contrary to what almost every professional forecaster is predicting.
Peter Cooper is the editor of ArabianMoney.net.