Thursday, April 19, 2012

MUST WATCH & SHARE: THE SHOCKING TRUTH OF THE PENDING EU COLLAPSE!

from 2012sprint :

When the hell do we, the so called “common people”, wake the hell up?
Unlimited money supply is not enough for these people. They want our souls!!
————————————————————-
It’s organized crime.” – Matt Taibbi






Eveillard – We Are Looking At Catastrophe Going Forward

from KingWorldNews:
 width= With global stock markets trading red almost entirely across the board, but gold and silver remaining firm, today King World News interviewed legendary value investor Jean Marie Eveillard, who oversees $50 billion at First Eagle Funds. KWN wanted to get Eveillard’s thoughts on the continued turmoil and what investors should be doing in this environment. Here is what Eveillard had to say: “How I interpreted what was said last year by David Einhorn, at Jim Grant’s conference, was that Bernanke is some kind of madman. Bernanke has written about the Great Depression and got it almost all wrong regarding the real causes of the depression. He is intent on printing money to show that it’s the only way to avoid a return to the Great Depression.
Jean-Marie Eveillard continues:
Robert Fitzwilson Continues @ KingWorldNews.com




SHOCKER: Western Powers Loot Syrian Gold – Force Gold Liquidation “to Mitigate Sanctions”

[Ed. Note: The pathetic, predatory nature of the Western power elite gutting Syria, just as they've gutted Iraq, Afghanistan, Egypt and Libya (and Ireland and Greece), is painfully obvious for all with eyes to see. Sadly, we live in the land of the blind.]

Western and Arab sanctions have caused Damascus’ currency to sink and depleted its cash reserves, forcing Syria to seek to sell its gold.
by Gabe Kahn, Israel National News :

Syria is moving to liquidate its gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports cut into its cash reserves.
Syria’s foreign exchange reserves have been halved from about $17 billion, French Foreign Minister Alain Juppe said on Tuesday.
“Syria is selling its gold at rock bottom prices,” he said after a meeting with about 60 nations aimed at coordinating measures against President Bashar al-Assad’s government.
On February 27, the European Union agreed more sanctions including prohibiting trade in gold and other precious metals with Syrian state institutions, including the central bank.
According to reports Syrian officials have been offering to sell gold at a 15 percent discount in discreet amounts of 20-30 kilograms, which are easier to move in private sales and online auctions.
Read More @ IsraelNationalNews.com




Failed Spanish bond auction/Yields rise to 5.92%/Italian bonds rise in yield to 5.61%/bourses around in world in negative territory


Good evening Ladies and Gentlemen: Gold closed today up $1.80 to 1640.60.  Silver refused to buckle today as this cousin of gold rose 29 cents to $31.77.  Gold showed great strength in the early hours of the morning when Europe was in full swing.  However the bankers showed up at the usual time and whacked gold and silver down. With lousy USA economic news, gold rebounded to the $1655 level only



World Silver Mine Supply for 2011 Increased by 1.4% to 761.6 Million Ounces

from Silver Doctors:
The 2012 World Silver Survey was released this morning by the Silver Institute.
Full details, and analysis from SRSRocco and Ned Naylor-Leyland below:
Thomson Reuters GFMS forecasts ‘just above’ $40/oz high for silver
Total world silver supply fell by 34.1 million ounces to 1.04 billion ounces last year says the World Silver Survey 2012 released by the Silver Institute.
World mine silver supply increased by 1.4% to a new record of 761.6 million ounces of 23,689 tonnes last year. However, primary silver supply fell last year, due to a fall in processed grades. By-product silver output from both the gold and lead/zinc sectors was up in 2011, the survey found.
The world’s top five silver producing nations were, in order of rank, Mexico, Peru, China, Australia and Chile. The top 10 silver producing companies were, according to rank, KGHM, BHP Billiton, Fresnillo, Goldcorp, Pan American Silver, Volcan Cia Minera, Polymetal International, Coeur d’Alene Mines, Cia De Minas Buenaventura, and Hochschild Mining.
Commentary from SD Contributor SRSRocco:
The 2012 World Silver Survey was released today, but the Silver Institute has not yet released the new data on their website. As I mentioned in my comment yesterday, I knew KGHM Polska was going to be the largest silver producing company in the world and I had a good idea that overall global silver production would be 755-760 million ounces… it came in at 761.6 mil oz and not the 770-775 mil that was forecasted in the beginning of 2011.
The reason why the total supply of 1.04 billion oz (mine + Scrap + govt sales) was down 34 mil oz compared to last year, was due to a huge drop of GOVT SALES.
Read More @ SilverDoctors.com




Fasten Your Seatbelts: High Frequency Trading Is Coming To The Treasury Market

from Zero Hedge :
In what may be the gray swan that all hell is about to break loose, we read that one of the world’s largest hedge funds, British Man Group with $58 billion in AUM, is about to launch High Frequency Trading – the same high volume churning, sub-pennying, liquidity extracting, stub quoting and quote stuffing parasitic algorithms that frequently crash the equity, and as of recently the FX and commodity markets, into that most sacred of markets: US Treasurys. The official spin: “The Man Systematic Fixed Income fund, yet to be launched, will try to identify and profit from dislocations in liquid government bond markets.” What this really means is that the final frontier of market rationality is about to be invaded by artificial momentum generating algorithms, who couldn’t care less about fundamentals, and whose propensity to crash and burn at the worst of times, may end up costing the Fed all those tens of trillions it has spent to keep the Treasury market calm, cool, collected, and largely devoid of any volatility and MOVEment. But all that is about to change: “The unit is run by Sandy Rattray, who co-developed the VIX. VIX volatility index, also known as the “fear index”, widely used to measure investors’ perception of risk.” As a reminder, the VIX index is only relevant when there are surges in volatility, something which we are confident Mr. Rattray will no doubt bring to Treasury trading momentarily. 
Read More @ ZeroHedge.com




Eric Sprott Interview: Silver, Gold, Mining Stocks and more – GoldSeek.com Radio Nugget

from Gold Seek Radio:

Eric Sprott Interview: Silver, Gold, Mining Stocks and more – GoldSeek.com Radio Nugget Eric Sprott has earned a recognized standing not only as one of the world’s premiere gold and silver investors, but also as an expert in the precious metals industry.
Eric Sprott is Chairman of Sprott Money Ltd. Additionally, he is CEO, CIO and Senior Portfolio Manager of Sprott Asset Management LP and Chairman of Sprott Inc..
He has been stunningly accurate in his predictions including foreseeing the current financial crisis.  He chronicled the dangers of excessive leverage, as well as the bubbles the Fed was creating, while correctly forecasting the tragic collapse of the housing and financial markets in 2008.
Eric’s predictions on the state of the North American financial markets have been captured throughout the articles that he authors titled “Markets At A Glance”.
To download the free mp3 file: Click Here




Unplugging Americans From The Matrix

by Dr. Paul Craig Roberts, PaulCraigRoberts.org:
Americans, the British, and Western Europeans are accustomed to thinking of themselves as the representatives of freedom, democracy, and morality in the world. The West passes judgment on the rest of the world as if the West is God and the rest of the world are barbarians in need of chastisement, invasion, and occupation. As readers know, from time to time I raise questions about the validity of the West’s extreme hubris. (See for example, the following articles: Washington’s Insouciance Has No Rival and Is Western Democracy Real or a Facade? )
China is often a country about which Washington’s moralists get on their high horse. However, China’s “authoritarian” government is actually more responsive to its people than America’s “elected democratic” government. Moreover, however incomplete on paper the civil liberties of China’s people, the Chinese government has not declared that it can violate with impunity whatever rights Chinese citizens have. And it is not China that is running torture prisons all over the globe.
Read More @ PaulCraigRoberts.org




UNCONSTITUTIONAL World Governance Hits the U.S. – This is U.N. AGENDA 21: Authorities kill feral pigs in Michigan

[Ed. Note: UN Agenda 21 in action: First the raw milk, then the feral pigs, then your right to have a garden in your own yard, or a well on your property. It's all happening. Find your spine Americans, like Mark Baker has. He's risking prison to stand up for all of our rights.]
from RT America:

The Michigan State Department of Natural Resources has outlawed feral pigs. They say that the now-illegal swine are considered invasive and, as of April 1, they can arrest farmers that own hogs that match nine characteristics described by the state. Mark Baker of Baker’s Green Acres is one of two farmers in the state battling for the right to have his feral pigs.

 

 

TrimTabs: Talking Gold with Eric Sprott





Two sets of rules: one for the elite, one for everyone else

from Sovereign Man :
One of the defining characteristics of EVERY boom is the presence of a small elite seeking to enrich itself through graft, corruption, and unethical behavior.
When the music stops and the boom busts, these same people are frequently put to the sword of public opinion. Think Bernie Madoff, Ken Lay, and Silvio Berlusconi.
The Chinese economic “miracle” of the past three decades will prove to be NO EXCEPTION.
I’m convinced that history will one day show that corrupt Communist party officials, in cahoots with shady developers and construction moguls, systematically plundered the Chinese economy, getting rich off the hard work and savings of the average person.
Read More @ SovereignMan.com




Forget '5 Minutes To Midnight', We Are 'An Inch From War'

After last night's sabre-rattling missile-hurling efforts in 'The Koreas', one could be forgiven for strolling down memory lane to the Doomsday Clock and how many minutes we are to the midnight of global disaster. Well, Leon Panetta has the answer today in this clip. Somewhat shockingly honest, Panetta changes the metric from time to distance and states, on CNN's 'Situation Room', that "We’re within an inch of war almost every day in that part of the world, and we just have to be very careful about what we say and what we do". As Politico reports, the lugubrious Leon says that America is prepared for "any contingency" that might result from North Korean actions. While cool diplomat Clinton "believes that [Kim Jong Un] may have some hope that the conditions in North Korea can change", Panetta underlined the administration's firm stand to any further provocative actions concluding "unfortunately these days, there is a hell of a lot that keeps me awake."




Italy Jumps On Nationalization Bandwagon: Tax Police "Seizes" 20% Of Second Largest Domestic Insurer

At least Argentina kinda, sorta had the right idea: find an expensive foreign asset and nationalize it, impotent EU sound and fury be damned. Key word here: foreign. A few days later, the latest trade was escalation move appears to have gone viral, if with some curious, and serious, modification in the process. Minutes ago we learned that the Italian Finance police had seized a 20% stake in a heretofore unnamed firm (how does the police seize a stake? They pocket 20% of the electronic shares held in custody by the local DTCC? or they kidnap 20% of the Board of Directors? Inquiring minds want to know). We vaguely expected it would be a retaliatory move, and the firm would be based out of Latin America. No such luck. As Reuters fills in, the company "seized" is Premafin, "which controls Italy's No. 2 insurer Fondiaria-SAI as part of a judicial probe on market manipulation, the tax police and a judicial source said on Thursday."






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