Re: Maduro and Venezuela ... Did the US do the right thing?
Total Voters: 39
Loading ...Re next wave started, lower dollar higher gold. The first wave started with Mario Draghi on Dec 3rd.
Last night, it was Japan that announced something, and I think it started the next wave up for gold and silver. Lets see what happens today after Janet Yellin speaks.
Fed Chickens Out: 3 Presidents Dissent As Fed “Decides To Wait For Further Evidence” Of Strengthening Before Hiking
Question is can the Fed march out some Fed goon to talk PMs down again as they did after last Fed meeting? A pox on all the Fed goons.
Re “I called the Wells Fargo ethics line and was fired”
Comment:
Nobody goes to jail, nobody gets in trouble, they plead the fifth amendment or simply stonewall the answer. Ya know why? Do I really have to explain this?? It’s very simple..
They all report to unknown anonymous higher authorities, and are told what to do, and what to say. They, like a soldier, are just following orders, doing as told, so the higher authorities make sure their “soldiers” are protected and not jailed.
Note: re link for CNN Money:
You will NEVER EVER see my thoughts or views on establishment Media. Only here on the Gold Tent.
I called the Wells Fargo ethics line and was fired
Millions of phony accounts. Fake bank card PIN numbers. Fictitious email accounts.
Wells Fargo admitted to firing 5,300 employees for engaging in these shocking tactics. The bank earlier this month paid $185 million in penalties and has since apologized.
Now CNNMoney is hearing from former Wells Fargo (WFC) workers around the country who tried to put a stop to these illegal tactics. Almost half a dozen workers who spoke with us say they paid dearly for trying to do the right thing: they were fired.
Somebody leaking a hike?
I’v heard of “get the LEAD out” ,,butt “get the Gold out ” thats a new twist !
The lesson behind this is don’t do illegal stuff, and if you do chose to walk that path- mix it up, keep it fresh, be alert and don’t get lazy. laugh
If that message can be spread around the world, and the good honest people of the world will stand up and speak out against the corruption and control of the dark forces that have enslaved humanity, we may be able to begin to repair the damage and destruction created by these corrupt oligarchs who’s aim is to destroy all life on this beautiful planet. For the first time in years I can envision a glimmer of hope for the future generations of all living things through that inspirational video. If we can make America great again it is the first step in making the WORLD great, where the lion can lay down by the lamb!!
SÃO PAULO — The judge overseeing the investigation into the colossal scandal around Brazil’s national oil company accepted corruption charges on Tuesday against the nation’s former president, Luiz Inácio Lula da Silva, setting the stage for a trial of one of Latin America’s most influential political figures.
The decision, by Judge Sérgio Moro in Curitiba, adds to the problems of Mr. da Silva, 70, who was president from 2003 to 2010. Plagued by scandals, his leftist Workers’ Party lost the presidency in August when the Senate impeached Mr. da Silva’s handpicked successor, Dilma Rousseff, in a power struggle that has consumed the political establishment.
MSM Treats Gold like “Asset for Deplorables”
Article to be found at Kitco.com. Sorry, having puter problems and cannot paste the link. Grrrr!
Thanks for the Wake up music this morning. Great choice !!
The war on cash is still good for gold
Good thing that mint employee wasn’t trying to smuggle silver! 
In a decision that came dramatically late, hitting shortly after midnight east coast time, the Bank of Japan finally unveiled its much anticipated QE revision which it called “QQE with Yield Curve Control”, and which when stripped of all the rhetoric was basically the Reverse Operation Twist we previewed two weeks ago: an attempt to steepen the yield curve without lowering rates further, and without purchasing more securities; in fact the BOJ did largely nothing which is why as the chart below show, the USDJPY is now precisely where it was before the BOJ announcement.
Well, it’s a little more scenic than the pits of Zool if you have your own train. The Association of Private Railcar Owners excursion gets a ride through the Wind River Canyon. Twenty-One private cars!
http://www.railpictures.net/photo/589611/
http://www.railpictures.net/photo/589917/
http://www.railpictures.net/photo/589916/
monday night massacre?
the first presidential debate is approaching. donald and hillary head to head for ninety minutes. i have serious doubts as to whether hillary has what it takes to go ninety minutes with the donald.
in the best of times, hillary’s rhetorical skills are limited. as a public speaker, she is shrill and stiff, barely able to deliver a prepared speech. she does not handle questions well at all, much less hostile ones. she gets flustered and “short citcuits.” i think we can trust the donald to be hostile.
“in the best of times…” alas, for hillary, these are not the best of times. with each passing day, it becomes harder to conceal the fact that she is a fat, frail old woman with serious health problems. four of her recent public appearances:
a) 9-11 morning – passed out, and her limp body was last seen being loaded into a black van.
b) 9-11 afternoon – faux hillary emerges from chelsea’s apartment, fifty pounds lighter without secret service and leaves in a black van. PHONEY!
c) thursday speech in north carolina. obviously video shopped. PHONEY!
d) saturday night on plane, speaking with reporters. slurred speech, difficulty keeping her eyes open. drunk? drugged? both?
and now, a fund raiser “postponed?” no, as far as hillary’s performance goes. it’s not the best of times.
it seems team hillary is straining to get her patched up enough for even brief , low stress events. can they fill her up with enough diazepam to keep her calm enough not to “short circuit” under ninety minutes of grilling? …while also giving her enough amphetamines and cocaine to keep her awake and functioning for those same ninety minutes? it will be interesting to see if they can do it. i don’t think they can. that much drugs going in opposite directions inside one body may kill her, or at least bring on another collapse a la 9-11.
likely outcomes in no particular order:
complete no-show. with or without a bullshit excuse
collapse part way through
another “faux hillary” substitution. hard to see how anybody would think it might work, it would have to be better than i think they are capable of to do a convincing ninety minute ad-lib substitution – especially when they know people will be watching for one.
something else even more bizarre – assassination attempt(s), false flag terror attack at the debate venue, other crazy shit.
stack plenty of popcorn. i think it’s going to be interesting to watch. keep some room deodorizer handy. there may be a strong scent of bullish end product.
for those interested, one of robert a heinlein’s lesser known novels, DOUBLE STAR deals with the idea of a political body double. worth a read if you can find it at the used book store.
| The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
Posted: 19 Sep 2016 06:49 PM PDT
If you are not familiar with the Bank for International Settlements, just think of it as the capstone of the worldwide financial pyramid. It wields enormous global power, and yet it is accountable to nobody. The following is a summary of how the Bank for International Settlements works that comes from one of my previous articles entitled “Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does“…
Normally the Bank for International Settlements is not prone to making extremely bold pronouncements, and so this warning about China seems a bit out of character. Is something going on behind the scenes that we don’t know about? Without a doubt, the global financial system is shakier and more vulnerable than most people would dare to imagine. Global central banks have been on the greatest money creation spree in recorded history, and interest rates have been pushed to ridiculously low levels. If you can believe it, approximately 10 trillion dollars worth of bonds are trading at negative interest rates right now. This is completely and utterly irrational, and when this giant bond bubble finally explodes it is going to create a crisis unlike anything the world has ever seen before. Just recently, Michael Pento of Pento Portfolio Strategies commented on this bubble…
Pento believes that once the bond crash happens, it will trigger a cataclysmic wave of crashes throughout the entire global financial system…
Many had been anticipating that we would have already seen a major financial crash in 2016, but so far things have been pretty stable, and this has lulled many into a false sense of complacency. But it is important to remember that we have seen corporate earnings fall for five quarters in a row, and it is expected to be six when the final numbers for the third quarter come in. Never before in history have we had a stretch like this without major economic and financial consequences. The following comes from a recent Fortune article which referred to an earlier piece authored by Jim Bianco…
It is only a matter of time before this earnings recession takes a major bite out of Wall Street. Stock prices can stay at irrationally high levels for quite a while, but history has shown that every bubble bursts eventually. And when this bubble bursts, it is going to make 2008 look like a walk in the park. |
Pits of zool. Lol Well I like that one. That’s exactly what we’re doing because people’s brains seem to be deteriorating. As far as politicians, rotting.
Even without terrorists attacks we will probably be seeing more interruptions because these gas pipes are old now and they seem to wait until there’s a problem before maintance because their underground. We had issues there too and about 7 miles away from me some streets were closed because of it awhile back. Fixing could take more time than the promise. You think by now they would find alternative ways to get the gas in via trucks in a emergency. Same for any kind of emergency situation. So much for mayors, Governors, or congressman.
They will continue to do the wrong thing or nothing at all. As far as terrorists crash and burn may come if people get fed up enough and just go out and start shooting them. More likely both will happen with more Attacks and more slums rising across the nation. A sort of living hell of crime running rampid. But then we have a administration that instead of continuing up the socioeconomic ladder wants everyone to go down to be on their level, into the pits of zool.
One thing is for sure. Even this composite video is a lie and meant to deceive.
Whatever happens will be a spoof. They want to trick people. So it will be bad news either way. It’s the spinmeisters with a full frontal attack. Why would the PM’s be spared? We’re going to be someone’s bit*h again. The laughing stock, look at those dumb goldbugs getting smashed again. It’ll need to look Gold negative even if it’s truly Gold positive.
Crash and burn would be easier than sinking into the pits of zool, which is where we are headed. As the transiting planet Pluto makes its last square to natal Saturn now through October from the U.S. second house of wealth, we shall soon become aware of the result of severe challenges to our way of life, as the financial structure on which we have lived is destroyed.
Locally, the gasoline ran out in our little town on Saturday. Rumor has it that this week will bring relief. Just imagine if relief doesn’t arrive…the utilities will shut down, people will be unable to get to the grocery store or to work, ambulances won’t run, doctors and nurses won’t be able to get to the hospital…and on and on. Just imagine if terrorists hit gasoline pipelines all across the country. It boggles one’s mind.
Gold will likely soar to a record within five years as asset bubbles pop in everything from bonds to credit and equities, forcing investors to find a haven, according to Old Mutual Global Investors’ Diego Parrilla.
Parrilla joins a slew of investors who are bullish on gold because of low borrowing costs and central-bank bond buying. Billionaire bond-fund manager Bill Gross has said there’s little choice but gold and real estate given current bond yields, while Paul Singer, David Einhorn and Stan Druckenmiller have all expressed reasons this year for owning the metal.
Gold Bull McEwen Sees Prices as High as $1,900 by End of Year.
Gold “is a currency that doesn’t have a liability attached to it,” McEwen said Tuesday in an interview at a gold conference in Colorado Springs. “A store of value that has gone for millennia. And the big argument against gold used to be it costs you money to store it. Right now, it’s costing you money to store your cash.”
In 2000, he launched an audacious experiment when he was at Vancouver-based Goldcorp. Offering $575,000 in awards, he threw open to the public more than five decades of proprietary data on the company’s under-performing Red Lake mine in Ontario and challenged geologists to locate the next 6 million ounces of gold.
Red Lake ended up becoming one of Goldcorp’s richest gold mines, producing more than $3 billion worth of the metal, he has said.
1350 or 1280 or less than that. Hell if the rate hike occurs, we could even go to 1200 before we get a dead cat bounce. I still think a raise is coming. BTW, anyone watching DB? New low today. Will the ECB intercede? Probably? Will the US equities tank?Who knows. Maybe. Will PMs tank on a raise of rates. You can BTFF.
