Andrew Maguire – A Gold And Silver Tsunami Is Forming As The Shorts Are Now Going To Get Destroyed

from KingWorldNews:
I will start this week’s commentary with a summary of the week’s extraordinary action and defer catching up on some exceptionally good member questions to early next week. During the week, in our live sessions, we have looked in granular detail at the footprints that lead into and out of the gold raid that commenced in the early hours of Monday morning and how China was going to be falsely blamed for the selloff (which it subsequently was), yet an analysis of the footprints leads directly to the BIS (Bank for International Settlements) desk. I draw this conclusion because, unusually, the selloff commenced in the OTC (over-the-counter) FX gold market, which concurrently picked up in the Comex tripping off market halts just before China sold. What is missed by all the commentary out there is that while the Comex was halted, the OTC markets continued to operate unencumbered.
BIS / Insider Activity Ramps Up In Gold And Silver Markets
I have provided analysis of this insider favored setup in prior commentaries, illustrating how this puts US-centric traders at a distinct disadvantage to the BB’s (Bullion Banks) /BIS and all other global players who can continue to trade/hedge in the spot markets in any size while the futures and options markets are frozen. The concurrent OTC (over-the-counter) FX Gold action around these market halts were not picked up by any commentator/analyst and strongly point to BIS/Insider LBMA Bullion Bank activity.
Andrew Maguire continues @ KingWorldNews.com

Pre-Crime Is Upon Us - "Schools Assess Students' Threat Level" From Kindergarten Up

Submitted by Tyler Durden on 07/25/2015 - 22:00 Minority Report, eat your heart out. The real system is worse than anyone could have imagined.

The Meaning Of 'Trust'

Submitted by Tyler Durden on 07/25/2015 - 21:25 Presented with no comment...

Should You Buy A House?

Submitted by Tyler Durden on 07/25/2015 - 20:50 "By stepping back and looking at the big picture, we can see that real estate should be correcting and trending down.  The reasons why our grandparents bought their homes have changed.  Government intervention cannot last forever.  It will change from accommodation to devastation, when they finally run out of ideas. As for buying a house, I would consider it more of a luxury as opposed to an investment, and one has to be prepared for the possibility of it being a depreciating asset, especially if one decides to move."

Presenting The Most Ridiculous Things Ever Bought By Billionaires

Submitted by Tyler Durden on 07/25/2015 - 20:15

Corporate Credit Crashing: Waiting On The Rest Of The Herd

Submitted by Tyler Durden on 07/25/2015 - 19:40 With almost everything turning lower this week under “dollar” pressure, it is imperative to keep in mind the apex asset class. In 2007, it was the ABX indices and various mortgage related structures that signified the how far along everything was; in this cycle it is clearly corporate credit. The disarray starts in the riskiest pieces and then moves inward and eventually, if left unchecked, eroding too much underneath with which to support what was once believed perfectly safe. Once there is no place to hide, the turn really begins.

In Key Decision, Junk-Rated Chicago's Pension Reform Bid Ruled Unconstitutional

Submitted by Tyler Durden on 07/25/2015 - 19:05 On Thursday, we previewed a critical court ruling involving Chicago mayor Rahm Emanuel’s effort to cut pension expenses and plug a yawning budget gap. As expected, Emanuel’s plan was determined to be unconstitutional by Rita M. Novak of the Cook County Circuit Court, further imperling the junk-rated city's financial future and perpetuating a pension ponzi scheme.

World Gold Council Dismisses Gold Price Plunge

by Chris Powell, GATA:

Dear Friend of GATA and Gold:
The World Gold Council yesterday published a fairly involved statement responding to this week’s attack on the gold market, acknowledging the suspiciousness of the trading that began the attack last Sunday night but dismissing it as the doings of speculators and emphasizing what the council considers the favorable fundamentals for gold, as if fundamentals might prevail any time soon against surreptitious trading by central banks. The council’s statement is posted in PDF format at GATA’s Internet site here:
http://www.gata.org/files/WorldGoldCouncilStatement-07-23-2015.pdf
Read More @ Gata.com

Steve Forbes on the Flat Tax, Trump, and Election 2016

from ReasonTV:

Gold Daily and Silver Weekly Charts – Rebound – Option Expiration Next Week

from Jesse’s Café Américain:
Gold led a stiff rebound off support at 1180 today as it just was not going to go any lower, and the wiseguys grabbed some profits off the table. This was a very obviously short term oversold condition.
Now we will see if gold and silver can put in a real bottom here, or something else. Next Tuesday will be the August metals expiration at The Bucket Shop. August is also an active month for gold. I have included the latest ‘owners per ounce’ charts from Nick Laird at sharelynx.com. They were able to knock down the open interest a bit, but could not produce more physical bullion for sale yet.
The Fed accidentally leaked its staff projections about rate hikes today. It looks like one for this year and four more next year for about 1.26%. I hope they wait for The Recovery to get on their magic bus.
Read More @ Jessescrossroadscafe.blogspot.ca

Brexit and Obama

from Boom Bust:

How Progressive – Private Prison Company Lobbyists are Raising Funds for Hillary

from Liberty Blitzkrieg:
Earlier this week, we learned that lobbyists for Monsanto, Exxon Mobil, Microsoft and the Telecom industry are actively raising funds for the pantsuit revolutionary, Hillary Clinton. Today, we can add private prison companies to the list. Because private prisons are sooooooo progressive.
From the Intercept:

As immigration and incarceration issues become central to the 2016 presidential campaign, lobbyists for two major prison companies are serving as top fundraisers for Hillary Clinton.

Corrections Corporation of America and the Geo Group could both see their fortunes turning if there are fewer people to lock up in the future.

Read More @ LibertyBlitzkrieg.com

Disarm Whitey: #YesAllWhitePeople

[Ed. Note: Discussion begins at 2:32]
from TheAlexJonesChannel:

Emerging Market Currencies Crash on Fed Fears and China Slump

Brazil faces a ‘perfect storm’ as the country as the country slides deeper into recession, the politics go haywire and the Fed prepares to raise rates
by Ambrose Evans-Pritchard, The Telegraph:
The currencies of Brazil, Mexico, South Africa and Turkey have all crashed to multi-year lows as investors flee emerging markets and commodity prices crumble.
The drastic moves came as fears of imminent monetary tightening by the US Federal Reserve combined with shockingly weak figures from China, which stoked fears that the country may be sliding into a deeper downturn and sent tremors through East Asia, Latin America and Africa.
The Caixin/Markit manufacturing survey for China fell to a 15-month low of 48.2 in July, with a sharp drop in new export orders. Danske Bank said the slide “pours cold water” on hopes of a quick recovery from the slump seen earlier this year.
Read More @ Telegraph.co.uk

Politics & the Risk of a 3rd Party for 2016

from Armstrong Economics:
Historically, it has always been the Republican Party that splits. It has been a odd mixture of liberalism from the viewpoint of citizen rights before those of the government and the original constitutional goal of preserving the sovereignty of the states v the the Federalists. This liberal view has often taken the position of Libertarian whereas the so called “liberal” view of the Democrats is not liberal at all, it is liberal with other people’s money in the battle-cry of Marxism. This Republican “libertarian-ism” is what Trump is tapping into as is Bernie Sanders in the Democratic party. Both the traditional Republicans are owned by the NY banks as is Hillary Clinton, in who more people now distrust Hilary than trust her.
This Republican “libertarian-ism” actually traces back to Thomas Jefferson – the ultimate anti-Federalist. Jefferson championed the Bill of Rights that both the Republicans and the Democrats no longer respect as demonstrated by Obama’s actions being indistinguishable from Bush regarding the NSA and both sides called Snowden a traitor.
Read More @ ArmstrongEconomics.org

Trump Slams Reporter

from Bill Still:





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