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Paper silver
Fairytales from the Federal Reserve: 15 Reasons Fed Policies Belong in Fantasyland
by James Rickards.Posted May 12, 2015.
http://dailyreckoning.com/fairytales-federal-reserve-15-reasons-fed-policies-belong-fantasyland/
Thank you Rep Bonnie Watson for showing the country your oppressive intentions. Maybe she and the Baltimore mayor should start a sewing circle and leave the governing and oversight to those women that don't have their heads stuck up their a$$
Toast
I looked at it and saw all kinds of counter party risk. One day we will be there but there are too many crooks itching to confiscate publicly held bullion.
Yup unfortunately that's the whole ball of wax until Americans wake up. Unfortunately they are running out of time and imo we may already be out of it.
The IRS Seized $107,000 From This North Carolina Man’s Bank Account. Now, He’s Fighting to Get It Back.
http://dailysignal.com/2015/05/11/the-irs-seized-107000-from-this-north-carolina-mans-bank-account-now-hes-fighting-to-get-it-back/
But can he win a general election? I get the feeling he's the "fall back" candidate in the event Hillary vs. Bush doesn't pan out for those of the establishment. If I may speculate a bit I'd rather see Hillary vs. Paul in the general election because imo he could win.
However Rand Paul will likely have some difficulty securing the republican nomination. All in my opinion of course
Not all imo but yea he's in the tank with Bush and the other crony capitalists
Ex-CIA officer Jeffrey Sterling jailed for leaking
http://www.bbc.com/news/32456102
Former CIA officer Jeffrey Sterling spoke to a journalist in Washington about the CIA. Now a judge has sentenced him to prison for three and a half years for revealing classified information.
Mr Sterling, 47, stood in front of a judge in Alexandria Federal Court in the US state of Virginia.
"You have a lot of talent - and an ability to live a law-abiding life," Judge Leonie Brinkem told him. But, she said, the offences he had committed were severe.
"There has to be a clear message sent to other people at the agency," she said, explaining that intelligence officers should understand that they, too, will be punished if they disclose classified information. "There's going to be a price that will be paid."
After the court adjourned, Mr Sterling turned around. His wife, Holly, sobbed against his shoulder. He reached out his arm stiffly to comfort her, and they walked out of the courtroom together.
This sort of crime gets punished unevenly and unfairly
Steven Aftergood, Project on Government Secrecy
It's the end of a legal battle for him. It also concludes a trial that's been watched closely by journalists, intelligence officers and others in the US and abroad.
In January Mr Sterling was convicted of espionage on charges that he revealed classified information - he spoke to a journalist, James Risen, who writes for the New York Times, about the efforts of US officials to disrupt Iran's nuclear programme.
Mr Risen wrote about the American plot in a book called State of War, which was published in 2006. He said Americans tried to create misleading guidelines for Iranian scientists that would trip them up as they worked on their nuclear programme.
James Risen, a reporter for the New York Times, spoke with Jeffrey Sterling about his work at the CIA
The then-attorney general, Eric Holder, said Mr Sterling's decision to reveal details about the CIA programme to a journalist put people's lives at risk and endangered national security.
For these reasons Gabriel Schoenfeld, a senior fellow at Hudson Institute and the author of a book called Necessary Secrets, believes that his sentence is light.
"He endangered the life of a source that the CIA relied on for an intelligence plot," Mr Schoenfeld said, adding that these disclosures "compromised" US efforts to thwart the Iranian nuclear programme.
Prosecutors said Mr Sterling felt as though he'd been treated badly at the CIA and was angry at the agency. That's why he decided to speak about its secret activities.
"His attempt to leverage national security information for his own malicious reasons brought him to this sentence today," said US Attorney Dana Boente.
Mr Sterling's path to intelligence work was an unlikely one. He grew up in Cape Girardeau, a town of 38,000 people, in the state of Missouri, and graduated from law school at Washington University in St Louis in 1992.
He saw a help-wanted advertisement in a newspaper for the CIA.
With Mr Obama in the White House, eight cases involving leaks of classified information have been prosecuted
He started working there in 1993, spending time in Prague, Amman and other cities. In 2002 he left on bad terms, saying he'd been discriminated against because he's black.
He filed lawsuits against the agency. He also spoke to Mr Risen, apparently revealing state secrets. For that he was punished - unfairly, according to some.
"It's a hefty sentence," said Steven Aftergood, director of the Project on Government Secrecy for the Federation of American Scientists.
Critics of the Obama White House claim officials reveal classified information to journalists when it suits their purposes - to show, for instance, the president is tough on national security.
But when information that makes the president looks bad is leaked, administration officials get angry - and sometimes decide to prosecute.
Mr Aftergood compared Mr Sterling's sentence to the one meted out to a former CIA director, David Petraeus, who convicted of revealing classified information. Mr Petraeus was sentenced to two years' probation.
"It shows that this sort of crime gets punished unevenly and unfairly," said Mr Aftergood.
Whatever the reasons for prosecution, the pace has stepped up in recent years.
Eight people have been prosecuted for leaking classified information in recent years. Before Mr Obama was elected, only three individuals had been prosecuted.
Based on management's monthly burn rate and projected revenues for 2015 how long will it take the company to repay the future equity that was stripped from shareholders. It's currently to the tune of 10s of millions of dollars..I.e Negative Shareholder Equity
If it takes millions of dollars to make a couple hundred thousand per qtr is time on the side of ERBB shareholders? If management doesn't dilute the stock where do they make up the necessary monthly revenue? 2015 Sales????
Not likely
Two year returns on mining stocks 1978-1980:
https://www.caseyresearch.com/articles/50-gold-stocks-going-200
Carolin Mines
$3.10
$57.00
Oct. 80
1,738.7%
Mosquito Creek Gold
$0.70
$7.50
Oct. 80
971.4%
Northair Mines
$3.00
$10.00
Oct. 80
233.3%
Silver Standard
$0.58
$2.51
Mar. 80
332.8%
Lincoln Resources
$0.78
$20.00
Oct. 80
2,464.1%
Lornex
$15.00
$85.00
Oct. 80
466.7%
Imperial Metals
$0.36
$1.95
Mar. 80
441.7%
Anglo-Bomarc Mines
$1.80
$6.85
Oct. 80
280.6%
Avino Mines
0.33
5.5
Dec. 80
1,566.7%
Copper Lake
$0.08
$10.50
Sep. 80
13,025.0%
David Minerals
$1.15
$21.00
Oct. 80
1,726.1%
Eagle River Mines
$0.19
$6.80
Dec. 80
3,478.9%
Meston Lake Resources
$0.80
$10.50
Oct. 80
1,212.5%
Silverado Mines
$0.26
$10.63
Oct. 80
3,988.5%
Wharf Resources
$0.33
$9.50
Nov. 80
2,778.8%
AVERAGE
2,313.7%
https://www.caseyresearch.com/articles/these-three-developments-say-new-mine-supply-is-peaking
"Four Ways This Will Impact Gold Investors
Because future gold supply will reverse trend and fall for many years, there will be significant long-term consequences for investors—most of which are positive if you’re already positioned. If demand continues at anywhere near its current pace:
The price of gold will be forced up by this factor alone. This is irrespective of other catalysts, such as a rise in inflation. In fact, imagine an environment where inflation spikes simultaneously with a supply crunch.
Bullion will be more difficult, and expensive, to obtain. Delivery times will be longer, rationing is a possibility, and premiums will undoubtedly be higher.
Selling during a supply crunch will return much of the premium you paid. So, under certain circumstances and with certain products, you will be paid at spot and even above (especially for silver). This adds juice to your returns, and will increase your ability to maintain your standard of living. And since only 1% of North Americans own any bullion, there will be plenty of customers.
The majors will need to replenish their production. And since many have drastically reduced their exploration budgets, there’s only one other way to get it: buy it.
M&A activity will heat up at some point. One easy way to make money this year will be to own the most prized gold projects that a major wants to buy."
https://monetary-metals.com/think-different-about-purchasing-power/
YPP shows us a staggering monetary devaluation—a classic parabola. The problem isn’t skyrocketing prices, but collapsing yields.
You need more and more assets to afford the same lifestyle. If your assets don’t keep up, then you have to liquidate your capital.
Yup
That about sums up America: a staged Donkey Kong freak show
http://armstrongeconomics.com/archives/30076
Negative Interest Rates = Tax of Savings
Sweet
Management is the joke and they are THE unaccountable reason for the failure of this company. Blaming shareholders and a bunch of pinky traders? Really?
He picks up subscribers that want to learn Technical Analysis. He doesn't pump stocks like that other idiot you mentioned. ERBB fell victim to the pump not the analysis
Bring those looters to a "conceal and carry city" and let's see how brave they actually are. I am more worried about the parent trying to feed his starving children. Those looting morons we see on TV are cowards praying on people who's government robed its citizens of the right to protect themselves.
Maybe pick this up while your there?
http://books.google.com/books/about/The_Creature_from_Jekyll_Island.html?id=RpN2BQAAQBAJ
Meghnad Desai, Chairman, OMFIF Advisory Board
"The world is preparing for possible twin shocks from the parlous position of the two main reserve currencies, the dollar and the euro. As China weighs up its options for joining in the reserve asset game, gold – the official asset that plays no formal part in the monetary system, yet has never really gone away – is poised, once again, to play a pivotal role. Many dismiss gold as a relic of the past or as an inadequate hedge against inflation. But from an asset management point of view, as well as on the basis of political analysis, gold has a lot going for it; it correlates negatively with the greenback, and no other reserve asset seems safe from the coming dollar shock."
https://www.gold.org/sites/default/files/documents/gold_renminbi_multi-currency_reserve_system.pdf
That was my reaction too especially coming from the individuals in that write up. Maybe its propaganda but I'm seeing 2015.75 more and now we have JP Morgan trying to corner the silver market while BOA issues positive guidance for the spot price of gold
Nice call Bert but I think the blind squirrel saw this one coming especially after the mayor accepted no responsibility whatsoever.
Jk that was a good call and I'm glad I didn't take that bet
Imo the first capital controls will come to those first that have a Federal monetary obligation and cash on deposit. Maybe the IRS employees themselves along with the millions of other federal workers w outstanding taxes?
Yep "guidance" today is like that "different casino" on National Lampoons Vegas Vacation:
* Bank of America Merrill lynch: buy spot Gold at 1175, add at 1160, risk 1142, target 1307
Source FxWire Pro - Institutional Positions
23-April-2015 01:16:46
Yup that weekly chart pretty much says it all Bert. Just when you think it's safe to feed them after midnight... ??
Thanks for sharing
Welcome to the club walkn and thank you for doing your part to bring real money back in control of the people. I wish more individuals would do just what you did and honestly it would make this landing much different than the current trajectory were headed.
Who knows what tomorrow is gonna bring. I feel sorry for many because they don't understand what is happening and largely it's really not their fault imo. They won't get a pass from the next clown show that's about to invade our global economy but who knows maybe one day we can help rebuild this thing
Your hedged brother and for that you are now part of the 1% (vs the other 1%) that could one day bring something positive to someone else's life should things go south. If they don't then let's consider us all extremely lucky for such a blessing. Your right....giving money to a bank for "safekeeping + int" is the financial definition of suicide my friend
Be well
Sounds about right Blue
No need to apologize as I think most of us have our tickets. Fundamentals will make .07 very challenging imo.
Even Jaime D. himself is telling his shareholders to get out of the Bond and equity markets. Sheep translation:
"Double down on all positions ASAP".
What????? I guess I should watch before I comment eh? That's not a lot of people do I dare ask what happens to the other 300 million?
Yup and it will be in the form of a Yuan-SDR inclusion backed by the shiny yellow stuff. The one question Americans ARE NOT asking is what is the US Gold/GDP vs the rest if the world? The rest of the developed and undeveloped world is trying to figure this out and the US doesn't even know if they have any gold.
Banned? Lol then I'm gonna watch it twice and pass it along to 3 times just to live on the edge a little