I guess if we could we’d prosper going long this Alice in Wonderland World … where most of the numbers are made up and lies are the currency of the make-believe. Eventually the piper gets paid … and that’s when we’ll get paid as well.
Cheers
bbl
I guess if we could we’d prosper going long this Alice in Wonderland World … where most of the numbers are made up and lies are the currency of the make-believe. Eventually the piper gets paid … and that’s when we’ll get paid as well.
Cheers
bbl
They sure didn’t fire any of the Scum traders, as they have been sitting on Au and now the shares, since we tried to break above 1218.
What is so crazy, is that they won’t let any weakness into the SM………. ever. and as for the banks…just look how they have traded tdy, some early weakness, then straight up and still going, when both HSBC and GS are admitting times are bad.
A mate tells me that the bank No’s are a horror story, income is way down as no-one want to know anything about their “ideas”, trading is tough and they are still paying themselves fortunes, as they will not admit the game is over. Yet looking at tdy you’d think they were going gang busters.!!!!!!
http://juniorgoldminerseeker.blogspot.com/
Brent discusses failures at Allied Nevada, Rubicon, Midway. Lack of quality, poor supply of good projects against investment demand. Complex Industry. On drill plans, continuity, dilution, strip ratios, impacts for Dalradian, Moneta. Grade smearing – drill interval calculator.
Presentation of all data, e.g. Mirasol & Alamaden vs Otis.
Breaks my heart it does. Even the thieves are failing.
All this bad economic news out and gold can’t get any traction. Almost feels like some entity is smashing us down … ![]()
Banks getting hit as well tdy, DB dn 2.5 % and counting….GS has dumped a load of Scum…..I know that will make us all sad.
Seems even the Uber Scum can’t make money out of Investment Banking..then again why would anyone buy anything from them, that is guaranteed to ruin you !!!!!
http://www.zerohedge.com/news/2016-06-01/goldman-fires-dozens-investment-bankers
US scientists have found what it could be key for the future of the country’s ailing coal industry as they detected that ashes from local operations, particularly those around the Appalachian region, are very rich in rare earth elements.
Researchers from North Carolina-based Duke University analyzed coal ashes from coal-fired power plants throughout the US, including those in the largest coal-producing regions: the Appalachian Mountains; southern and western Illinois; and the Powder River Basin in Wyoming and Montana.
One of the team main conclusions was that coal waste generated by the Appalachian coal operations was the richest in rare earth elements, containing 591 milligrams of the coveted elements per kilogram of ashes
cont. http://www.mining.com/us-coal-ash-highly-rich-in-rare-earths-scientists-find/
We, the undersigned, are Russians living and working in the USA. We have been watching with increasing anxiety as the current US and NATO policies have set us on an extremely dangerous collision course with the Russian Federation, as well as with China. Many respected, patriotic Americans, such as Paul Craig Roberts, Stephen Cohen, Philip Giraldi, Ray McGovern and many others have been issuing warnings of a looming a Third World War. But their voices have been all but lost among the din of a mass media that is full of deceptive and inaccurate stories that characterize the Russian economy as being in shambles and the Russian military as weak—all based on no evidence. But we—knowing both Russian history and the current state of Russian society and the Russian military, cannot swallow these lies. We now feel that it is our duty, as Russians living in the US, to warn the American people that they are being lied to, and to tell them the truth. And the truth is simply this:
If there is going to be a war with Russia, then the United States
will most certainly be destroyed, and most of us will end up dead.
Spin that one!
NEW YORK (CBSNewYork) — New research is warning about a possible link between a very common allergy medicine and dementia.
CBS2’s Dr. Max Gomez reported that long-term use of an antihistamine known as diphenhydramine, which is commonly sold as Benadryl and included in many over-the-counter medications for cold and allergies, may increase the risk of dementia and even cause irreparable harm.
Diphenhydramine, which also causes drowsiness, is in popular sleep aids such as Tylenol PM, Advil PM, and ZZZQuil.
“I would take these medications myself only very rarely and I will try at all costs to avoid taking them for a long term,” Stanford psychiastrist Barbara Sommer said.
cont. http://newyork.cbslocal.com/2016/05/31/study-benadryl-dementia/
Globex Options Ramp Gold Property to RJK Exploration
http://finance.yahoo.com/news/globex-options-ramp-gold-property-154602352.html
Aurcana Initiates PEA on Shafter Silver Project
http://finance.yahoo.com/news/aurcana-initiates-pea-shafter-silver-210000968.html
Lupaka Gold Reports Financial Highlights for the Period Ended March 31, 2016 and Extension of Pandion Financing Mandate
http://finance.yahoo.com/news/lupaka-gold-reports-financial-highlights-000000480.html
Alexco Initiates 2016 Bermingham Exploration and Other Work at Keno Hill
http://finance.yahoo.com/news/alexco-initiates-2016-bermingham-exploration-080000634.html
You should change your handle to Armstrong. You talk about that clown too much
As I watch this ole world spiral out of control I thought that article probably lays out what ‘Ace’ the Banksters and the Elites have up their sleeve to continue the funny money games. And I am sure that they, knowing what their next move will be, will once again rake in Trillions and extend their reach and power even further. Course now, there is the Trump factor….and perhaps a ray of hope.
Hope Floridagold is stocked up on the popcorn. Its gonna be a hell of a show.
Those Panama Papers are not getting nowhere near the exposure, closer look, than they deserve. Figure the article you posted covers .00000001 percent of the corruption that government officials are involved in.
Was talking about Belize and some other Central America countries and they quipped about the Third World and the corruption of governments. Found their view hilarious in light of the greed and corruption of our own government at any level. ( Except for our Silver Rider ). Anyways, aint no Third Worlder got any thing over us, not even close ! When will Americans wake up? Figure most never will is the sad fact.
Just getting back from a short out of town ‘vacation’, and trying to get caught up, See ya later, Farmboy
Elliot wave analysis strongly suggests we are in the very early stages of a Cycle degree 3 rd wave up in Au and the Shares, which will last years. So if TA is massively bullish it would be good to have some fundamental backing…..well there is, as there is increasing talk that as QE ain’t working, the CB’s are going to have to use Helicopter Money…..
The notion of helicopter money – having a central bank issue new money to pay for government spending – could also be used to finance the US deficit, and eventually, to fund a budget surplus that could pay down the national debt.
This idea – often associated with economic basket cases such as Venezuela and Zimbabwe – has until now been left untested in the modern era.
It may get such a trial next month, when Japanese policymakers meet to discuss their next salvo against deflation in June.
“There has been more and more talk about what central banks could do should a recession come”Toby NangleJapan’s central bank, which has already experimented with mass quantitative easing and negative interest rates, is viewed as being on the cutting edge when it comes to unleashing monetary stimulus.
George Saravelos, a Deutsche Bank strategist, says that “with Japan fast approaching the limits of its existing reflation project, it is a canary in the coalmine for the next global policy innovation”.
Japan Is First To Panic; Won’t Be The Last
What does this mean? In a nutshell, the next phase of the global economic crisis has begun. First, governments responded to the 2000 tech stock crash with lower interest rates and big deficits. Then they responded to the housing/banking/derivatives bust of 2008 with even lower interest rates, bigger deficits and experiments like QE. Then they responded to the resulting anemic recovery with negative interest rates and more QE.
None of the above has produced the kind of growth in the US, Europe or Japan that slows the upward march of debt/GDP, which means everyone is still digging their own financial graves. Since this is not an acceptable long-term strategy (eventually the sides of the hole cave in and bury you), something else has to be tried by the people who hope for re-election a few years hence. So now we’re back to massive deficits, but with a negative interest rate twist. Think about it: When a government issues negative-rate debt, it earns a profit on the transaction. And when it sells its debt to its own central bank it in effect owes the money to itself. A site called Forex Live just published an interesting analysis of this unprecedented situation:
A paradigm shift is under way on deficits
If you can print your own money, you can issue unlimited amounts. The only risks are inflation and a decline in the currency.
It just so happens that inflation and a decline in the currency are exactly what many governments want.
In the developed world, inflation is non-existent and the currency war rages. The trump card in that game is default via monetization and it’s coming.
The dominant ethos of the past 25 years has been a drive towards fiscal discipline. Politicians and political commentators have built their reputations and careers as misers. There is something inherently, almost pathologically wrong about defaulting.
That will all change.
The idea of default sounds like it would create panic; if not in the streets then in markets. But it’s easier than you might assume and it will happen sooner than you think.
The hard part is already done. It’s simply a matter of taking the debt the central bank already owns and writing it off. To ease the shock value of it, the debt will simply be converted into bonds the central bank will continue to ‘own’ but will have 0% coupons and no maturity.
Japan will be the first to do it
Japan is a demographic nightmare and has been unable to stir inflation for the past 20 years despite zeroed out rates. The debt-to-GDP ratio is a mind-blowing 227.9% with a fresh stimulus budget coming. There is no way out.
At the moment, the BOJ owns 35% of Japan’s government debt and at the current pace of buying it will hit 63.3% at the end of 2020. With the stroke of a pen, all that could disappear.
I don’t even think it would be disruptive. The central bank could launch a new round of QE at the same time as the announcement and keep control of what’s left of the bond market. At the moment, Japanese 10-year are yielding -0.11%. The means you have to pay interest to the government just so they’ll give you your money back in 10 years. Almost everyone who owns Japanese bonds is an insurance company or pension fund that has no other choice.
How do markets react
Governments face hard choices but they will find that monetization is far easier than Eurozone-style austerity (how many governments won re-election after that?) or stalled out growth.
Certainly in the first episode there will be some worries in markets. Gold will undoubtedly rally and the currency will decline. It may even create some inflation.
But like QE, the first forays will be small and governments will quickly fall in love with the ability to spend in ever-larger amounts.
This is disturbing on a lot of levels, but it’s also quite conceivable. When governments figure out that in a world of deflation (caused by the industrial overcapacity and bad debt from their previous policy mistakes) they really can borrow and spend whatever they want — and if it causes inflation, well, great, they win the currency war — then the floodgates will open.
Japan, as it has with past monetary and fiscal insanities, is leading the way. And if history is any guide the rest of us will follow along shortly.
http://www.zerohedge.com/news/2016-05-31/japan-first-panic-won%E2%80%99t-be-last
Abenomics “Death Cross” Strikes As Japan PMI Plunges To 40-Month Lows
Here’s the FULL List of 92 Paychecks Hillary Collected From Wall Street
By Robert Gehl
The media’s going nuts that Hillary Clinton took three big paychecks for three speeches at Goldman Sachs. At $225,000 a pop, that’s pretty good scratch – but it’s just the tip of the iceberg.
She’s been very, very busy raking in millions in a three-year stretch since she left her post as the Secretary of State.
Her defense? It varies from “It’s what they offered me ” to the hilarious, “I happen to think we need more conversations about what’s going on in the world.”
Pricey “conversations” indeed.
Here’s a list of the 92 “conversations” that Clinton has had in just the past three years.
The total: $21.7 million.
She’s been very, very busy. What did Hillary promise in all these speeches?
What was her advice to Deutche Bank, Cisco and the Council of Insurance Agents? What did she tell eBay?
Or the ” American Camping Association ” and why on earth would the American Camping Association pay $260,000 to hear from Hillary?
Has she ever been camping? We may never know because she refuses to tell us.
What Hillary discloses to us peasants is on a ” need to know ” basis only.
Robert Gehl is a college professor in
Phoenix, Arizona. He has over 15 years journalism experience, including two Associated Press awards.
List of Paychecks
Hillary Collected From Wall Street

CHECK OUT WHO THEY WERE FROM AND THE AMOUNTS FOR RUNNING HER MOUTH AND SAYING NOTHING “USABLE”…….. POLITICIANS – LIKE USED CAR SALESMEN/WOMEN USE THEIR BIG MOUTH – HINGE JAWS TO TALK YOU “OUT OF” OR ” INTO” WHATEVER THEY CHOOSE – WHILE THEIR HAND IS REACHING FOR THE CHECK… THEY HAVE ANSWERS FOR EVERYTHING.. YET THEY SAY “NOTHING” AND GET PAID FOR IT.. WHAT A TOTAL SCAM !!
IF WE COULD SIMPLY WIRE THEIR JAWS SHUT AND PUT THEM TO
WORK.. MAYBE WE COULD GET SOMEWHERE !!
THE LARGEST CHECKS IN THIS LIST, WITH NOTHING UNDER $100.000. A POP WITH THE BIGGIE: $400,000 FROM RELIGIOUS JEWS WERE FROM :
EBAY………… $315,000
QUALCOMM … $335,000
CISCO ………. $325,000
NEXENTA SYSTEMS INC ……. $300,000
BIOTECHNOLOGY INDUSTRY ORGANIZATION …. $335,000
NATIONAL AUTOMOBILE DEALERS ASSOC……… $325,000
BEAUMONT HEALTH SYSTEM…………………… $305,000
JEWISH UNITED FUND/JEWISH FEDERATION OF METROPOLITAN CHICAGO …. $400,000.
THE REST OF THE 92 CONVERSATIONS/SPEECHES WERE FROM ONE –$100,000, AND THE REST FROM $225,000. EACH TO $280,000. TOTAL: 21.7 MILLION DOLLARS
NOW WHAT WOULD HILLARY – THE LESBIAN – PRACTICING WITCH
( FOR REAL) HAVE TO SAY TO A NICE OLD BUNCH OF ULTRA RELIGIOUS JEWS FOR $400,000 ???
WHAT COULD SHE POSSIBLY TALK ABOUT AT THE NATIONAL AUTOMOBILE DEALERS ASSOC .. FOR $325,000??
HOW ABOUT EBAY FOR $315,000 ??
SHE’S CERTAINLY NOT OPENING UP JOB OPPORTUNITIES FOR US !!
ANSWER: DEAL MAKING – PAYOLA TO GET WHAT THEY WANT – SELLING OUT AMERICA
HILLARY CLINTON HAS NOT ONE THOUGHT ABOUT AMERICA AND
WE THE PEOPLE !!
http://nesaranews.blogspot.ca/2016/05/list-of-92-paychecks-hillary-collected.html
sorry for the late response. apmex has 10 oz bars on sale.
rno
By Nate Raymond
NEW YORK (Reuters) – Barrick Gold Corp (ABX.TO) has agreed to pay $140 million to resolve a U.S. lawsuit accusing the gold producer of concealing problems at a South American mine and of fraudulently inflating the company’s market value, according to court papers.
The settlement, disclosed in papers filed on Tuesday in Manhattan federal court, would resolve a class action accusing Barrick of deceiving investors about environmental problems afflicting its Pascua-Lama project on the border of Argentina and Chile.
“I am pleased we were able to reach this resolution for investors,” James Hughes, a lawyer for the plaintiffs at the law firm Motley Rice, said in a statement.
Barrick in a statement confirmed the $140 million accord and said the value of the settlement is insured.
cont. http://finance.yahoo.com/news/barrick-gold-pay-140-million-210404243.html
Cool! Now I don’t have to pay off my credit cards! ![]()
In those days you could tune in Walter Cronkite.
The milanians have no idea what the generation before them went through.
Bought the kids some books for the grand kids on history that goes from beginning till now, science and art but art has to wait should have known too many nude paintings. Included in them is global gold. Great books with good two page drawings. Two sill in grade school era are now more interested in gold. I got them a book for their age on the gold rush. Scannimg through it now have to read it. It also talks about the criminals and corruption. Some we know some maybe not others. I found there were people coming into mining camps posing as people they were not. For instance there were men coming in posing as doctors. They would sell sugar water as medicine to rip off the miners. Now I gotta read it first or they will challenge me later I what I know.
SM will recover as well from Fed. Maybe like politics we need to work together. SM may recover but has pie ir riunding top pattern for now. Globally as well. If you think about Armstrongs previous posts that things can move together stocks dollar and gold as it moves away from public or government. He just doesn’t say why. Not repeating my previous post they can move together but not necessarily at the same exact time.
Still not too bad closes.
This same game 24/7, has to go down as the worst attempt ever, to put lipstick on a pig.
Silver in what form? Bars coins?