
Ororeef @ 10:18
I’m grokking on all of that! LOL
Farmboy @ 10:15
That Obama is a financial wizard!
Isn’t that nice that he wants to help Brazil’s economy. Too bad he doesn’t feel the same about the USA.
Floridagold, I Know……And Not To Profile The Punk,
but based on the gang tattoos the fact that this ‘black man’ was probably more an illegal hispanic man. Cant have the Media portraying our univited ‘guests’ as criminals. Its all a crock.
I do have a suggestion for the punk if he survives. Since he is all into bad a$$ tattoos.

.
Putin had it RIGHT
He was asked to explain why Russia would never attack the US…He said “they all got GUNS “
Floridagold @ 10:01 Kinda Gives A New Meaning To The Waffle House Favorite
“Scattered, Smothered, & Covered”
ipso facto @ 10:05 on July 13, 2016 Helicopter Money
So drop some Helicopter greenbacks into my SOC SEC check to make up for all the inflations adjustments you never made ….By NOT making them BEN reduced the money supply because inflation kept going up in FOOD ,ENERGY…. I want my Purchasing POWER BACK ,I earned it ! ..I worked 60 years for it …Its MY MONEY ..I PAID in BOTH SIDES employee & EMPLOYER ..over 13 % for 60 years …I want my Purchasing Power BACK YOU Austrian THIEF ! Ben Bernanke !
Ipso, Gotcha
Kinda funny how when the socialist/communist governments get in trouble they resort to loans from the ‘Free World’ to rescue them. And one wonders why they did not just call up their brother in arms Obama and ask for another few billion like he once donated to Brazil. Wait, lets not bring up another one of Obama’s glorious trade deals. He he he !
http://humanevents.com/2012/01/23/obamas-brazilian-oil-disaster/
Floridagold @ 10:01
Because guns are good? ![]()
Well anyway HILLARY
your OVER 30 ! So the millennials dont trust YOU ..Apparently neither do you trust you ! You psycho !
The spur to gold? Next thing they’ll say is: Weimar wasn’t so bad ….
Fed’s Mester Says Helicopter Money “The Next Step” In US Monetary Policy
Farmboy @ 9:52
I think they probably had the mistaken idea that they could pay back the loan and get their gold back. Of course that’s not going to happen. It would have been more honest if they just sold it, like you said.
Also it was more politically palatable. They could tell the citizens: “We’re not selling the gold we’re just using it as collateral for a loan.
IMO
Cheers
Ipso, Here’s a Question
Wonder why Venezuela just didnt put their gold up on the free market instead of getting in bed with Citi on some complicated gold loan ? Seems the simplest (best ) thing would have been to offer their gold at fair market value. Im sure China (for one) would have been thrilled to have exchanged some worthless paper ( U.S. treasuries ) for the million oz of gold. A transaction that could have easily been done overnight, and Venezuela could have paid a few debts. Just wondering…??
If you can’t hold it in your hand …
Did Citi Just Confiscate $1 Billion In Venezuela Gold
Just over a year ago, cash-strapped Venezuela quietly conducted a little-noticed gold-for-cash swap with Citigroup as part of which Maduro converted part of his nation’s gold reserves into at least $1 billion in cash through a swap with Citibank.
As Reuters reported then, the deal would make more foreign currency available to President Nicolas Maduro’s socialist government as the OPEC nation struggles with soaring consumer prices, chronic shortages and a shrinking economy worsened by low oil prices. Needless to say, the socialist country’s economic situation is orders of magnitude worse now.
According to El Nacional, “the deal was for $1 billion and was struck with Citibank, which is owned by Citigroup.”
As Reuters further added:
“former central bank director Jose Guerra and economist Asdrubal Oliveros of Caracas-based consultancy Ecoanalitica said in separate interviews that the operation had been carried out. A source at the central bank told Reuters last month it would provide 1.4 million troy ounces of gold in exchange for cash. Venezuela would have to pay interest on the funds, but the bank would most likely be able to maintain the gold as part of its foreign currency reserves.”
On paper yes – very much as any comparable gold leasing operation conducted by sovereign nations with central banks – but the actual physical gold would be transferred to an unknown vault of Citi’s choosing where it would become an asset controlled by the bailed out US bank.
We note this peculiar gold swap case because something curious took place overnight. On the same day that Venezuela announced it would seize a local Kimberly-Clark factory after the US consumer-products giant announced it would shutter its Venezuela operations after years of “grappling with soaring inflation and a shortage of hard currency and raw materials”, Venezuela’s President Nicolas Maduro said on Monday that Citibank planned to shut his government’s foreign currency accounts within a month, denouncing the move by one of its main foreign financial intermediaries as part of a “blockade.”
Among the many reasons why the sudden departure is surprising is that due to strict currency controls in place since 2003, the government relies on Citibank for foreign currency transactions, meaning that suddenly Venezuela’s financial “blockade” is indeed about to get worse
cont. http://www.zerohedge.com/news/2016-07-12/did-citi-just-confiscate-1-billion-venezuela-gold
Another point of conflict
China declares right to set up air defence zone in South China Sea
China said on Wednesday it has the right to set up an air defence zone over the South China Sea, a move that would heighten tensions following a landmark tribunal ruling.
“If our security is being threatened, of course we have the right to demarcate a zone,” Chinese Vice Foreign Minister Liu Zhenmin said, following a UN-backed ruling on Tuesday that Beijing had no legal basis for its expansive claims in the strategic waters.
Beijing has already said it does not recognise the court’s ruling, which upheld a challenge from the Philippines that China had breached its sovereign rights with its actions in the region.
Good morning Oasis
African Gold Group, Inc. Announces the Completion of the Sale of Non-Core Ghanaian Assets for US$1,200,000
http://finance.yahoo.com/news/african-gold-group-inc-announces-191516308.html
Roxgold reports production results for period ending June 30, 2016 and announces 14,482 ounces of gold poured in first six weeks of production
http://finance.yahoo.com/news/roxgold-reports-production-results-period-210000746.html
Newmarket Gold Achieves Record Quarterly Production of 61,191 Ounces in Q2, 2016, Produces 119,248 Ounces in First Half of 2016
http://finance.yahoo.com/news/newmarket-gold-achieves-record-quarterly-210000710.html
Thompson Creek Reports Second Quarter and Year-to-Date 2016 Production and Sales Results
http://finance.yahoo.com/news/thompson-creek-reports-second-quarter-210100041.html
Kaminak Receives Securityholder Approval of Acquisition by Goldcorp Inc.
http://finance.yahoo.com/news/kaminak-receives-securityholder-approval-acquisition-221406769.html
First Mining Enters Into Debt Settlement Agreement
http://finance.yahoo.com/news/first-mining-enters-debt-settlement-023422436.html
East Africa Metals Provides Update on On-Going Project Advancement
http://finance.yahoo.com/news/east-africa-metals-provides-going-073000254.html
Gold Resource Corporation Reports Preliminary Second Quarter Production of 10,011 Gold Ounces and 572,500 Silver Ounces Maintaining 2016 Annual Outlook
http://finance.yahoo.com/news/gold-corporation-reports-preliminary-second-120000650.html
Dynacor Boosts Q2-2016 Gold Production by 11% to 17,525 oz
http://finance.yahoo.com/news/dynacor-boosts-q2-2016-gold-120000050.html
Carpathian Gold Adopts Shareholder Rights Plan
http://finance.yahoo.com/news/carpathian-gold-adopts-shareholder-rights-123000847.html
Silver Train

Amtrak’s “Coast Starlight” is uncharacteristically ‘On-Time’ at Pismo. Due to frequent delays often encountered along the west coast trip, the train is derisively called the “Coast Star-Late” by riders.
http://www.railpictures.net/photo/581567/
Auandag @ 23:38 Civil Rights Icon Andrew Young Calls Protestors ” Little Brats”
Comment: Andrew Young latter apologized for calling them unlovable brats. However, in another interview not available for viewing this morning, Young highly praises the Atlanta PD for their measured and calm response to the protesters and said that while Atlanta PD responded to over a million 911 calls in the last year only a few calls resulted in officer shootings. I imagine that many who are trying to stir up violence are pretty upset with Young’s response.
buygold good morning bubba…..nehlen????
give me a link please. best wj
Morning Wanka
I think that is exactly right. CNN is trying to make Ryan look “Presidential” and he fits right in with the NWO Globalist plan.
Ryan has this little problem though, his name is Nehlen, and for the first time in years his house seat may be in jeopardy.
Greg Hunter interviews Rob Kirby
Kirby expounds on silver.


