Still there is still plenty of buying around.
How the state of the economy is literally killing people
Middle-aged people laid off and unable to find work are taking another way out. They’re killing themselves.
Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their 40s and 50s find it hardest to get hired again.
That makes boosting economic growth a life-or-death issue for many. But you wouldn’t know it listening to President Obama and Hillary Clinton. President Obama whitewashes reality, claiming the “American economy is pretty darn good right now.”
cont. http://nypost.com/2016/04/25/how-the-state-of-the-economy-is-literally-killing-people/
Good morning Oasis
Gold Reserve Inc. Announces Extension of Memorandum of Understanding with the Venezuelan Government
http://finance.yahoo.com/news/gold-inc-announces-extension-memorandum-173300657.html
Skeena Announces Maiden Resource Estimate for Spectrum Gold-Copper Deposit
http://finance.yahoo.com/news/skeena-announces-maiden-estimate-spectrum-174921138.html
AuRico Metals’ Application for Environmental Assessment Certificate for the Kemess Underground Project is Formally Accepted
http://finance.yahoo.com/news/aurico-metals-application-environmental-assessment-202800950.html
Continental Gold Announces a Colombian Government-Initiated Operation to Permanently Close All Illegal Mines in Buritica
http://finance.yahoo.com/news/continental-gold-announces-colombian-government-205101005.html
Endeavour Silver Files Preliminary Base Shelf Prospectus
http://finance.yahoo.com/news/endeavour-silver-files-preliminary-shelf-215248396.html
Eldorado Announces Agreement to Sell Jinfeng Mine
http://finance.yahoo.com/news/eldorado-announces-agreement-sell-jinfeng-041500435.html
NuLegacy Gold Corporation: Major Gold Fund Acquires Equity Position
http://finance.yahoo.com/news/nulegacy-gold-corporation-major-gold-100000089.html
Eric Sprott Increases Newmarket Gold Shareholdings to 17.9% by Purchasing 16.2 Million Newmarket Common Shares at $2.80 Per Share
http://finance.yahoo.com/news/eric-sprott-increases-newmarket-gold-103000993.html
Barrick Reports First Quarter 2016 Results
http://finance.yahoo.com/news/barrick-reports-first-quarter-2016-111500652.html
Freeport-McMoRan Reports First-Quarter 2016 Results
http://finance.yahoo.com/news/freeport-mcmoran-reports-first-quarter-120000447.html
Endeavour Completes Acquisition of True Gold
http://finance.yahoo.com/news/endeavour-completes-acquisition-true-gold-123538476.html
Morning Farmboy
I do believe you are correct sir. couple expiration with a Fed meeting and we probably have some trouble coming.
Someday we’ll trade freely…
Pull Up Yer Boots & Cinch Up Your Britches, Get Ready For The Slap Down
April 27 is tomorrow providing 27 still comes after 26 ?? Dont laugh, I woke up this morning and while drinking coffee realized I live in the only Country that folks are confused over which bathroom to use ! Anyways, Gold and Silver Futures expire on the 27 so look for the familiar monthly bop on the head. Probably about the only thing that has not changed since Obama took office.
Even if hyperinflation were possible -It would be over in a matter of days, bringing in its wake a deflation that could last for generations
Rick’s Pick for Tuesday
‘The Only Way to Make Money This Year’
Posted April 25, 11:03 p.m. ET
I received an email from a friend on Monday touting a plan featured at ZeroHedge as “the only way to make money this year.” The plan itself, proffered by one Eric Peters, a fund CIO, seems like a good one: “Bet that…the central bankers will continue getting everything wrong, and double down when they do.” It is the hyperinflationary endgame predicted by Peters with which I would disagree. I argued as follows:
I loved this plan until I got to the last paragraph, Mike. Even if hyperinflation were possible — which I seriously doubt, for reasons I’ve been writing about for more than 20 years — it would be over in a matter of days, bringing in its wake a deflation that could conceivably last for generations. In such circumstances, the best hyperinflation “play” would be to pay off one’s mortgage in the blink of time available between hyperinflation’s onset and deflation’s coup de grace; and/or to exchange a fistful of Krugerrands that might very fleetingly spike to $50,000 for some choice farmland owned by an incredibly stupid farmer.
Helicopter Money a Non-Starter
Meanwhile, anyone who talks about a ‘paradrop’ hasn’t worked out its instrumentalities, which are flat-out refuted by Weimar’s methods and experience during the 1921-23 hyperinflation. Success, if you can call it that, required massive collusion between government and a very heavily unionized work force. This time, where and to whom would the weekly boxcars of money be sent? (Were you aware that the biggest German employers were allowed by the government to print and distribute their own scrip, lest workers riot when the boxcars failed to come on schedule?) Another practical concern, and not a small one: How would hyperinflation remedy the accumulated, manifestly unpayable liabilities of pension trusts, life insurance companies, Social Security and Medicare? And, which lucky beneficiaries would be so politically privileged as to continue receiving their monthly checks?
The hyperinflationists talk as though politicians were capable of deliberately triggering, then managing, the deflationary collapse of a quadrillion-dollar derivatives bubble. As for the ZeroHedge guys, they would make plans to surf a tsunami. The most deflationary event one could conceive of — i.e., the banks not opening some Monday morning because of a panic that has occurred overnight in global financial markets — is also the least farfetched of all the endgame scenarios I’ve pondered. The branches keep no more than $25k-$50K on hand, and the flimsy system that clears credit-card transactions would collapse in an hour. Thereupon, in the week (month?) it would take for the boxcars of money to reach us, deflation would already have caused the banking system’s exquisitely delicate machinery to seize
Markets Looking very Risky
the only thing that looks like it s going up is the VIX ! S&P TOPPY ,DOW TOPPY GOLD TOPPY SILVER TOPPY………
betcha its because TRUMP looks like he’s a force that DEMS,& REP Establishment cant control so they will punish Wall ST as a WARNING !
It will only make things worse …..TRUMP will win and if he lives all will be fixed withen 2 years ….He’s gonna havta take out the TRASH !
Moggie
Yep, Marzipan but once you start making it it’s takes something out of it lol Maybe I should start making Marxipan making little Obamas and Hillarys and selling them to the Democrats.
Goldie
You are describing Marzipan…good stuff, lol.
Natural News: The murders begin in Flint: Water plant foreman found dead, lawsuit plaintiff executed…
When you’re a government steeped in evil, it’s not enough to poison millions of black people with toxic lead in the public water supply and then cover it up…
…you also have to murder key witnesses who might testify against you. And it looks like that’s exactly what happened in Flint.
Moggie
Yep on both. There were also these candies made out of almond paste that looked like little fruit. I eventually learned how to make them but a lot of work with painting them. Then I learned food coloring isn’t good for you. Then there’s presentstion. Almond paste by itself doesn’t look as good as colorful fruit. Never evolved it to something healthier like rose pedals coloring, blueberry whatever as got too busy. Probably could of did something with that. Healthy sweets. Ya know lol plus less guilt.
Goldie
There are many levels on which to interpret symbolism.
Swiss chocolate? Be still my heart, lol.
Richard640
Hi Richard
She/it really has no redeeming features at all.
However I wonder how she will handle Trump, as up until now she has had a gilded life, only ever getting the softest of rides. Trump will throw all her past at her, live in debates. My bet is she will lose it big time at some point and turn into a screaming harpy from hell….which is what she really is.
Cheers
Nearly every top donor to the Clinton Foundation that actively lobbied Hillary’s State Department is connected to pharmaceuticals, vaccines,
Gary Null
May 5, 2015 · PRN Gary ·
If you think electing Hillary Clinton as president will somehow bring about anything other than business as usual in Washington, there’s some beachfront property in Colorado with your name on it. Nearly every top donor to the Clinton Foundation that actively lobbied Hillary’s State Department is connected to pharmaceuticals, vaccines,
Clinton Foundation a cesspool of corporate poisoners, junk food companies, and pushers of vaccines and GMOs – Jonathan Benson
PROGRESSIVE RADIO NETWORK
Moggie
Memory vague of pyramid but the separation with eye above was supposed to mean it ” America” isn’t finished building yet. That’s all I remember for now. Had a great uncle big in that. They also volunteered time teaching others.He was from Colorado and donate time teaching at the School of Mines there. He was a builder and would travel a lot to Germany and Switzerland and other places in Europe. As a kid I was the recipient of the Swiss chocolates. No weird stuff going on but never felt the need to ask him much about it when visiting.
Moggy
Thanks for the clarification.
George Washington was a rare human being. We could use him today!
Cheers
eeos…..Ipso
@ eeos: The only Masons with whom I am familiar are those on the inner planes. From what I can gather, those on the physical plane have devolved into social organizations.
@ Ipso: Indeed, George Washington was a high ranking Free Mason back in the day when it meant something. He was also the person to whom was given by the Angel Gabriel the horoscope of the United States.

Maddog @ 10:19
Is it schadenfreude if we laugh at that news? 
Adam Hamilton
Silver’s new bull market
Silver officially entered a new bull market this week, decisively crossing the necessary +20% threshold. Speculators and investors alike are returning as awareness spreads of how radically undervalued silver is compared to prevailing gold prices. When silver awakens to a new bull market after a long bearish slumber, massive gains are usually unleashed. Silver’s tiny advance so far is just the tip of the iceberg.
This Tuesday, silver surged 4.4% higher on strong Asian bidding in parallel with gold. The catalyst was fascinating, China finally launching its long-awaited yuan-denominated gold benchmark. China is the world’s largest gold producer, importer, and consumer, a commanding position that should grant it much bigger say in the gold industry. The new yuan gold price will ultimately challenge London’s century-old hegemony.
The prospects of more Chinese with their deep cultural affinity for precious metals having easier price discovery and access catapulted silver into bull-market territory. Its previous best close of 2016 about a week earlier was only 18.5% above its 6.4-year secular low in mid-December leading into the Fed’s first rate hike in 9.5 years. Tuesday’s big Chinese silver rally boosted this young upleg’s gains to 23.7%.
That propelled silver decisively across that official new-bull-market metric of +20%. Interestingly, silver was even faring better than gold. While gold entered new-bull-market territory in early March, at best as of the middle of March it was only up 21.0% from its own mid-December 6.1-year secular low. While silver got off to its usual slow start, it has already surpassed gold’s gains. This outperformance will mount.



