Hold on to Gold
By: The Gold Report and Bob Moriarty


Capital Controls or Chaos?
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

 

Silver shortage looms, mining stockbroker Rick Rule tells King World News

 

Alasdair Macleod: Where can we find 20,000 tonnes of gold?

Ben Davies: Out of knowledge of money comes freedom

Bank Closing Information – October 22, 2010 These links contain useful information for the customers and vendors of these closed banks.

7 Banks closed this week...Is your Bank on the list?


First Arizona Savings, A FSB  Hillcrest Bank
 First Suburban National Bank
The First National Bank of Barnesville, Barnesville, GA
The Gordon Bank, Gordon, GA
Progress Bank of Florida, Tampa, FL
First Bank of Jacksonville, Jacksonville, FL


http://www.fdic.gov/








Jim Sinclair’s Commentary
Really, what are you worried about? Enjoy your weekend.

Gold may hit $1,850 by Dec 2011 Last updated on: October 22, 2010 13:09 IST
BS Reporter in Mumbai
Gold prices are likely to hit $1850 an ounce by the end of next year on strong demand from emerging economies and supply side constraints, Paul Horsnell, managing director of Barclays Capital said in a media briefing in Mumbai on Thursday.
Gold will first slide to $1,310-1,325 early next year on profit booking. But, the precious metal will get good buying support from central banks in Asia and West Asia regions, who are looking for opportunities to increase their gold portfolio.
Any aim to pick up gold in good volume will raise prices steadily to $1,450 by mid-next year and then the targeted $1,850 towards the end, Horsnell said.
Gold surged over 34 per cent since October 1, 2009 and 23 per cent so far this year.
Today, spot gold in London was at $1,337.17 an ounce at 1242 GMT, down from $1,343.50 the day before and down from a session high of $1,349.05 as the dollar clawed back gains against the euro.
More…




Jim Sinclair’s Commentary
Bloomberg had an interview this afternoon with Professor Black who is the author of The Best Way to Rob a Bank is to Own One.

He could not be silenced. Professor Black said, amongst other javelins in the heart of MOPE, the following:
1. Securitized mortgage instruments are all fraudulent.
2. The Fed is holding a huge amount of these as collateral.
3. They are valueless.
4. The manufacturers of these are, under commercial and criminal statute and law, criminals.
The interviewer almost swallowed her tongue.
Gold will trade at and above $1650. QE to infinity is not a choice, it is all that is left.




Bad news from Nanny State Britannia: Every e-mail and web site visit to be stored.

Dollar Plummets on Report Fed Plans to Pump $500 Billion Into Economy


Stocks Waver After Another Batch of Earnings

Some American Families are $133 Away From Great Depression-Like Problems


Who Was Responsible for the Global Financial Collapse? Filmmaker Charles Ferguson Finds Out In "Inside Job"

Strange Events at the Comex



UK unveils dramatic austerity measures.
Oh, don't look for anything similar coming out of Washington, D.C. If anything, we can expect more spending, bigger and bigger bailouts, and massive debt monetization.



Coins fall prey to spending cuts.