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Re: None

Monday, 10/12/2015 12:14:39 PM

Monday, October 12, 2015 12:14:39 PM

Post# of 63744
Lots of catalysts for gold, not limited to the following:

1) Russia/Iran in Syria/Iraq. Iran testing new ballistic missiles today. UK and NATO giving the green light for fighter pilots to shoot down Russian military aircraft.
http://www.zerohedge.com/news/2015-10-11/moscow-demands-britain-explain-green-light-shoot-down-russian-jets
http://www.zerohedge.com/news/2015-10-12/iran-openly-flouts-obama-launches-new-ballistic-missile

2) US naval ships escalating tensions in the South Chinese Sea despite clear warnings/threats by China not to enter the waters near their new, dredge-built tactical military bases. The US fleets should be arriving within a few days.
http://www.zerohedge.com/news/2015-10-12/obama-wont-back-down-after-chinese-threat-sends-warships-china-islands-matter-days


3) Central banks and commercial banks making increasingly more frantic and desperate calls on the global economy, industrial commodities (with 2nd largest global miner to pick up the pace for Glencore's recent announced cuts), and ultimately, a general loss of backing for QE while still suggesting there are no other alternatives to keep the status quo alive. Also, Greece now essentially initiated a cash ban. US FED just quietly increased debt-to-GDP by 20%!
http://www.zerohedge.com/news/2015-10-12/fed-officials-call-nirp%E2%80%A6-physical-cash-ban-next-after
http://www.zerohedge.com/news/2015-10-11/g-30-group-central-bankers-warn-they-can-no-longer-save-world
http://www.zerohedge.com/news/2015-10-12/greek-cash-ban-escalates-imposes-permanent-stricter-capital-controls-3-million-pensi
http://www.zerohedge.com/news/2015-10-11/fed-revises-definition-total-credit-unexpectedly-discovers-another-27-trillion-debt

4) Bullishness on gold by entities who would normally be against it.
http://www.zerohedge.com/news/2015-10-12/why-gold-surging-bofa-says-expect-massive-policy-shift-2016
http://www.zerohedge.com/news/2015-10-10/death-cognitive-dollar-dissonance-remonetization-gold

BAA
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