With gold and silver rallying and physical shortages worsening, expert James Turk joins the show this week, discussing:
- SOLD OUT: World’s Largest Physical Silver Wholesaler’s Inventory Down to 3 Items- All Shipping in 6-10 Weeks!
- Wholesale Silver Eagle Premiums Skyrocket to $5/oz- Premiums Likely to Reach 50% Within Next Few Weeks
- Supply Side Implosion: Australian & Canadian Silver Production Down a Stunning 28% (11 M oz) Jan-June 2015 vs 2014!
- James Turk: We’re Scraping the Bottom of the Barrel at These Prices
- You May Not Get a Liquidity Event With Next Lehman Style Crisis: May Wake Up With Silver $5 Higher Overnight!
- After 4 Year Correction, Turks Explains Why a Meaningful Rally For Gold is Overdue
- Turk Warns: Next Collapse Won’t Be a Market Collapse, It Will Be a Dollar Collapse & Hyperinflation!
Submitted by Tyler Durden on 09/26/2015 - 09:29 "If accurate, the report of NSF members providing equipment to al Nusra Front is very concerning and a violation of Syria train and equip program guidelines"...
Submitted by Tyler Durden on 09/26/2015 - 12:15 Are some Chinese banks ramping up their exposure to shadow conduits on the way to obscuring massive amounts of credit risk? Moody's says yes...
Submitted by Tyler Durden on 09/26/2015 - 11:33 "... the United Nations proposes both that social networks proactively police every profile and post, and that government agencies only “license” those who agree to do so."
Submitted by Tyler Durden on 09/26/2015 - 10:55 There was a very troubling 100 second interval at the end of Yellen's 50 minute, 5,000+ word speech in Amhert on Thursday, in which the 69-year old Yellen suddenly seemed unable to read the words on the page, was rereading the same phrase over and over, paused for long stretches at a time, and then had a violent reaction that forced her to end her speech prematurely. Watch it again below. But more disturbing was the Fed's reaction. As the WSJ reports, a Federal Reserve spokeswoman declined Friday to say if Chairwoman Janet Yellen resumed a normal work schedule or sought follow-up medical attention a day after she appeared ill near the end of a long speech in Amherst, Mass. Ms. Yellen returned to Washington on Friday.
Submitted by Tyler Durden on 09/25/2015 - 22:50
Submitted by Tyler Durden on 09/25/2015 - 21:50 Some people will never learn... ever. What is happening today is nothing more than rearranging the deck chairs on the Titanic. The iceberg has been struck, we’re taking on water, and this sucker is going to sink. Game Over.
Submitted by Tyler Durden on 09/25/2015 - 21:15 When it comes to debt-to-central-government-GDP ratios, the US is second only to the poster child for Keynesian insanity...
Just as the dark forces of the U.S. Central Intelligence Agency and George Soros’s multi-billion dollar network of non-governmental organizations plotted to destabilize the Middle East and North Africa through the use of social media to bring about the so-called “Arab Spring”, these same forces have opened a new chapter in their book of global dysfunctionality by facilitating the mass movement of refugees and economic migrants from the Middle East, Asia, and Africa to Europe.
In March 2011, Libyan leader Muammar Qaddafi predicted what would happen to Europe if the stability of his country was undermined by the Western powers.
In line with the rest of his presidential campaign so far, Donald Trump said what was likely on the minds of many Americans. When the media asked him about the resignation of House Speaker John Boehner, he said, “It’s time.”
The Donald’s success has largely been credited to his outsider status, and is touted as an indication of the disenchantment Republican voters feel toward the leaders of their own party.
Hours after House Speaker John Boehner announced that he would be resigning from Congress, Texas Sen. Ted Cruz added fuel to the fire by saying he’d heard “early reports” that Boehner cut a deal with Democratic Leader Nancy Pelosi to continue funding some of President Barack Obama’s most controversial measures.
“I will say, the early reports are discouraging. If it is correct that the speaker, before he resigns, has cut a deal with Nancy Pelosi to fund the Obama administration for the rest of its tenure, to fund Obamacare, to fund executive amnesty, to fund Planned Parenthood, to fund implementation of this Iran deal — and then, presumably, to land in a cushy K Street job after joining with the Democrats to implement all of President Obama’s priorities, that is not the behavior one would expect of a Republican speaker of the House,” Cruztold reporters at the conservative Values Voter Summit in Washington.
Eric King: “Gerald, it seems quite clear that the Fed doesn’t want to raise rates. They’ve been saying they are going to raise rates for years. It never happens, and yet we have all this propaganda hitting the wire in the mainstream media…
“But there was the suggestion made that the global stock markets would be thrown under the bus because if the markets were tumbling that would assist in pushing the bond market higher (and yields lower) to help the Fed — your thoughts on that.”