July

2015

NEWS JULY '15 (public)

If GREECE blows up, DERIVATIVES blow up = financial world BLOWS up!..

Friday July 31, 2015 - What will bring the system down: hyperinflation, or high interest rates and derivatives !?

Updated Sections:

Central banks painted themselves in a corner...it's either print money and keep interest rates low or die....and we're about to see the last act: the parabolic which will in fact push interest rates up...and at the same time also create hyperinflation....what we don't know is WHAT exactly will kill the financial system: hyperinflation or interest rates and derivatives...or maybe both, and WHEN it will happen. Therefore it is better to be 4 years early than once second late.

Sentiment is extremely negative. This is so for the Gold & Silver sector and also for Energy & Commodities.


click to enlarge the SENTIMENT charts for Gold & Silver

A similar sentiment chart we have for the Loonie or the Canadian Dollar which is at a 6 year low versus the US-Dollar. Both the Canadian and Australian dollar suffered from the abnormal low price level for Commodities. Note that the Canadian currency has struggled for the past 4 years, along with the gold market. So as gold ends its bear market, the Canadian currency may reverse as well. It certainly is a possibility that the US-Situation room also intervened in the Commodity and Currency markets. LOW commodity prices and a strong US-Dollar have a direct impact on the inflation figures, the Balance of Trade and Balance of payments of the USA.

click to enlarge

Important Fundamentals: more in the subscriber's section...

Important Technicals: more in the subscriber's section...

Thursday July 30, 2015 - What will be the Black Swan which makes the financial markets flip in another direction?

Updated sections: Copper & Platinum ,

If you think the coming financial and economic problems will be a human calamity, you ain't seeing nothing yet. There is a much bigger danger looming and worse is that it is MATHEMATICALLY sure that this will happen in the near future in Europe. In a similar way, the Black and Latino population will take over in the USA... [if your wife thinks that having a plan B, doesn't make sense, show her the video...and tell her it won't be pleasant to stroll around wearing a BURKA!]

video is reserved for subscribers....

All actors are ready for the next act. We only don't know WHAT will start the action and also WHEN. Better be dressed and ready...or 4 years early rather then one second late. Those who do the effort to go through ALL the Charts and information on the site and those who try to read ALL daily updates must have a similar gut feeling. As usual it will just be another DRAMA...another Titanic taking many unprepared investors along into the ice cold waters.

2008/09, after bottoming, the Gold & Silver sector went up by 35% in only a couple of weeks time.

The fact that people like Bloomberg and Martin Amstrong forecast a Gold price of $ 984 ( yes, NINE EIGHT FOUR) and $ 780 (SEVEN EIGHT ZERO for Amstrong) and that people actually "BELIEVE" these figures is more than an indication that the Gold-correction is over and done with. See for yourself..click on the picture below and see how convincing they are. Prices will drop to $984 an ounce before January, according to the average estimate in a Bloomberg News survey of 16 analysts and traders...will you also be so dtupid to sell your holdings and even worse: GO SHORT!?...Honestly, you don't often hear this kind of BS.

Print this out and keep it for future reference. I have done so for years. My experience tells me it's the best Canary in the mine shaft telling us that the Gold & silver market is about to reverse course violently. (off course, there also is the particular way certain people behave....some even call in the help of Astronomers, Gut feeling, Emotions, Witch doctors, Guru's, ). And YES, the Mainstream (Financial) Media deserve an Oscar for calling major Tops and Bottoms...as investor, just do the opposite and you'll be good.

bloomberg 28 july 2015

Important Fundamentals: more in the subscriber's section...

Important Technicals: more in the subscriber's section...

Wednesday July 29, 2015 - Goldonomic releases a Long Term BUY signal for Gold & Silver: see details below.

Updated sections:  Crude Oil, Coal and Solar , Agriculturals ,

The Real Terrorist Was Me And The Real Terrorism Is This Occupation" Ex U.S. Soldier -Propaganda is a mighty weapon and as a rule and the Democratic Herd ALWAYS believes the lies. Most American Privates in fact BELIEVE they are send out to serve their country and to bring more FREEDOM and more DEMOCRACY....this is a mockery! This ain't is true.

Before and at the beginning of the Weimar Revolution, Prices did not go up in a straight line....like always and like is the case today, prices sometimes rose and sometimes came down. It was only during the last faze (exponential-parabolic) that prices kept rising. During the 1920's wholesale and retail prices fluctuated in cycles and were partly function of the exchange rate of the German Mark which at a certain time - better believe it - even increased in value versus the US-Dollar.

Important Fundamentals: more in the subscriber's section...

Important Technicals: more in the subscriber's section...

Tuesday July 28, 2015 - China is a High Order Capital Good country which plays the role the USA played during the Great Depression!

Updated sections : Banks and Financials ,

Chinese markets suffered their deepest drop since 2007 on measures that appear to test the markets’ buoyancy without relying on government buybacks. Questions about the sustainability of Chinese government funds’ ability to stabilize the market cause a pullback in market support. As a result, the Shanghai index dropped 8.5 percent and the Shenzhen was down 7 percent.

US Mint Sells Most Physical Gold In Two Years On Same Day Gold Price Hits Five Year Low

Violent Reversal Coming As Available Physical Gold Disappearing. On the heels of the 2 minute $50+ plunge in the gold price, today one of the greats in the business sent King World News a fantastic piece predicting a violent reversal in the gold market as available physical inventories of gold are disappearing. Fred Hickey

Important Fundamentals: more in the subscriber's section...

Important Technicals: more in the subscriber's section...

Monday July 27, 2015 - Gold Conjunction of Price, Value and Sentiment are strongly Bullish or Bearish!? -

Updated sections: Oil shares (a buy?!) , Natural Gas & shares , Uranium ,World Stock Market Indexes (bearish)

Mainstream Media start to acknowledge price of Real Estate will continue to tank!

Real Estate is a High Order Capital Good and its price ALWAYS comes down during (hyper)inflationary depressions. Not the least in countries with an inverted Population Pyramid (the West). Spain was one of the champions in selling microscopic small dwellings for $150,000 to $200,000. Today one can buy an AIRPORT for $ 10,000 and flats for less. Dramatic is that all these properties are still on the books of the Spanish banks....valued at the unrealistic prices of the past. The problem is that if you buy property in Spain, your Electricity bill will probably be higher than your mortgage.

As explained in our education section, today it is better to RENT instead of BUYING...click here for section I and here for section II with maths.

A similar scenario is unfolding for Real Estate in Greece. Even worse is that we will soon see more civil unrest and possibly a civil war. Economic depression ALWAYS come with civil unrest, civil wars, revolutions and wars. Poor Greeks who refused to take their precautions and move part of their assets (Gold) out of political reach won't have the financial ability to emigrate when things get really tough. Having said this, no doubt that it was the EURO which was (temporarily) saved while Greece received "the coup de grace" !

Even in Canada where Real Estate was spared until some months ago, we now have clear signs that the Real Estate bubble has also burst and is deflating.

It was the EURO which was (temporarily) saved while Greece received "the coup de grace" !

If you're crying because Gold is $ 50 lower, you ain't seen nothing yet. Government will get you where you cannot hide: Utilities (water and electricity), Sales Tax - VAT , Bank Deposits, Safe Deposit boxes, Capital Gain tax, Wealth Tax, Real Estate tax, ...PEOPLE don't believe us, like Greek didn't believe it. Therefore GOVERNMENT is about to have a blast. After CASH will be allmost banned and Banks fully control you, they will LEGALLY take from you whatever they can. Not a nice perspective if you see what is happening in Greece!?

If you're stubborn and ain't doing anything about it, you gonna be the one paying for the DEBT of others...and by now don't we all know how high these are!..

To add injury to insult, Authorities will take your liberties away. Just like before the Weimar Revolution and WW II people will be forbidden to take valuable goods abroad. Even if you are caught crossing the border with a script for a book, you will be arrested. Spain is a good example...it has become a country where you can be fined and arrested if you take the picture of a Police Officer, if you publish any protests on Facebook, Twitter, ...

The LAND WAR has started. Turkey (NATO member) admits 4 tanks entered Syria to use something called a "retaliation right".

Important Fundamentals: more in the subscriber's section...

Important Technicals: more in the subscriber's section...

Friday July 24, 2015 - Buy when blood is running tru the streets and sell when everybody is celebrating -

 Updated Sections:

Central banks trapped into Money printing business....and this will go on until we have hyperinflation.

The self correcting market mechanisms have been taken away in Europe and replaced with a central market economy a la USSR...therefore the EU will probalby go under like the USSR did - overnight.

Capital Gain tax is now also a reality in Belgium. Tax authorities can now charge up to 33% on profits investors book on their investments.

We have warned about this for many years and warned as recently as April this year that people should avoid using safety deposit boxes in banks and MUST move the bulk of their savings out of political reach. Many Greeks were also withdrawing their cash because they fear the country might be forced back onto the drachma. However a little known fact is that, Greeks who had prepared for bank runs by withdrawing cash and buying gold and silver bullion and then lodging that bullion and indeed cash into safety deposit boxes have also been caught up in the draconian capital controls.

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Thursday July 23, 2015 - The Bankruptcy Of Planet Earth Accelerates – 24 Nations Are Currently Facing A Greek Style Debt Crisis

Updated sections: Recession Proof shares ,

There are 24 nations that are currently facing a full-blown debt crisis. Right now, the debt to GDP ratio for the entire planet is up to an all-time record high of 286 percent, and globally there is approximately 200 TRILLION dollars of debt on the books. As we are seeing in Greece, you can eventually accumulate so much debt that there is literally no way out. Also you have to be more than retarded and a complete IDIOT to believe for a split second that it is possible to buy your way out of this...such is MATHEMATICALLY IMPOSSIBLE ! [Often expressed as a percentage, the ratio can be interpreted as the number of years needed to pay back debt if GDP is dedicated entirely to debt repayment....450% means the total income of a country over 4 years and 6 months is needed to cover its debt.]

Armenia, Belize, Costa Rica, Croati, Cyprus, Dominican Republic, El Salvador, Gambia, Greece, Granada, Ireland, Jamaica, Lebanon, Macedonia, Marshall Islands, Montenegro, Portugal, Spain, Sri Lanka, St Vincent and the Grenadines, Tunisia, Ukraine, Sudan, Zimbabwe.

A debt crisis DIRECTLY affects the Bond market (Treasuries) and by definition also the Banks and FIAT PAPER money: bank notes and Bank deposits, saving accounts, pension funds, insurances and re-insurances.

Do you still sleep at night and do you keep working on these extra %%%% fiat paper profits !?

What's more, Spain’s Debt to GDP has risen from 69% to 98% and has over € 1 trillion debt outstanding. Italy’s Debt to GDP has risen from 116% to 132% and has over € 2.6 trillion debt outstanding. France’s has risen from 85% to 95%. In Belgium Debt to GDP has risen to 106% and continues to grow fast...In France and Belgium, more than 60% of the GNP is generated by GOVERNMENT. Exactly this kind of imbalance drove the USSR into bankruptcy in 1989...

This is WHY debt forgiveness is plainly impossible for Greece...as it is now for any country on planet Earth. Thank you JPMorgan and GSachs.

This is WHY debt forgiveness is plainly impossible for Greece...as it is for any country on planet Earth.Thank you JPMorgan and Goldman Sachs for painting the world into a corner...when will the responsibles be arrested and beheaded!? This is a CRIME AGAINST HUMANITY! The Debt/Bonds are backstopping $ 1.4 quadrillion of derivatives trades. A haircut or debt forgiveness for them would trigger systemic failure in Europe.

We will see twin $200 trillion debt and $1.5 quadrillion derivatives implosions. That will lead to the most historic wealth destruction ever in global stock, with bond and Real Estate markets declining at least 75% – 95%. World trade will contract dramatically and we will see massive hardship.

EU banks as a whole are leveraged at 26-to-1. At these leverage levels, even a 4% drop in asset prices wipes out ALL of your capital. And any haircut of Greek, Spanish, Italian and French debt would be a lot more than 4%.

No market, not in the United States and not in Europe, is immune from the fact that the money that’s in these markets is artificially created. It’s not growth money. It’s not earned money. It’s artificially created money by the central banks of the world through the private banking system into these markets and it can evaporate as quickly as it came in.

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Wednesday July 22, 2015 - viewed in this context the actual correction of Gold is irrelevant

Updated sections:

Relations, clients and readers who understand the Goldonomic philosophy and its unique market approach also know that Goldonomic never recommends a position in Gold and or Silver simply to make a fiat paper profit.

What we first want to achieve is to be invested in assets that will be part of the Last Man Standing Assets which will be needed when commercial banks will go bankrupt, when governments will be destroyed, the bond market will collapse, stocks will crash and Real Estate values will fall far more than most people understand to be possible.

At the end of the day - and that was also the case when Gold rose from $ 35 to $ 850 in 1981 and from $ 250 to $ 1920 in 2011 – manipulation always fails. In the end, the only thing that matters is that when the financial system is crushed (and it is impossible to know WHEN this will happen), you are holding physical Gold, physical Silver and key asset classes, all stored safely.

Viewed in this context the actual correction and price level of Gold, Silver and miners becomes irrelevant.

Just to replace Cyprus, Greece by Spain, Belgium, the Netherlands, the EU, the USA. After Cyprus, Greece has now also become an absolute reality and those who kept trusting the Greek Government and banks, now have the largest part of their assets frozen by banks which are bankrupt. Not only do they no longer have control over their bank deposits, but even the Safe Deposit boxes and contents were not accessible. Capital Controls are now a reality while Pensions are cut. Real Estate value is rapidly falling as there is no money and no buyers to support the market.

The actual Sell-Climax for the Gold & Silver sector is a good indicator that the manipulation of the 21st century Gold Pool (Plunge Protection Teams, Central banks, banks) starts to fail and that Gold & Silver are about to come back with power. Today the last weak hands are - as always happens - about to be shaken out of the market...right before next dramatic upleg is about to start. Patience is bitter but the fruit is sweet.

Interesting: The BIS (Bank for International Settlements), IMF (International Monetary Funds) and the ECB KNEW that a Grexit or bankruptcy of Greece would cause the financial world to implode. I guess that Tsipras was informed about the grave state of the situation and the fact that he could kick-start the GREAT DEPRESSION of the 21st CENTURY.

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Tuesday July 21, 2015 - close but no cigar: Do you ever play Chess and the next precious metals option expiry is on the 28th July. !

Updated sections: $-Gold , Silver , €-Gold

This is where the Fiat Paper and the Physical Market clash and the manipulation of Gold stops working...and the price of Gold explodes upward. The biggest fear a shorter has, is that physical demand will cause a mismatch and there won't be enough physical to sell. The COMEX only has $500 mio registered gold available for delivery....impossible to deliver $27 bn!

It all happened right at the opening of Financial Markets in China. About 7,000 gold futures contracts, representing about 21.8 tonnes of paper gold ($ 27 bn) , were dumped at market in one minute flash crashing the price down to $1,080. A similar operation happened in Silver. Several thousand contracts were bought back in the following two minutes. This is the 3rd time that the COMEX market is disturbed by furious algorithmic gold selling braking the gold futures market for at least 10 seconds. September 12, 2013: Vicious Gold Slamdown Breaks Gold Market For 20 Seconds, and October 11, 2013: "Stop Logic" Gold Slam Was So Furious It Shut Down CME Trading Again. And January 6, 2014: Gold Flash Crashes, Halts Trading As "Velocity Logic" Circuit Breakers Triggered. Last time the Trader was fined $200,000. A ridiculous amount compared to the losses such a manipulation causes. To add insult to injury no identities were revealed...

No legitimate profit-oriented sellers would operate in this manner, since they are selling against themselves. You do not dump large volume without limit into a quiet market unless you are trying to disrupt the price.

The cause of the action...a dead paper cat bounce.?..we'll probably never know for sure. Could be High Frequency Trading, could be Citi or JPMorgan, could be the Bank for International Settlements, could be the Chinese trying to buy more physical Gold at lower prices...or could simply be DESPERATION of somebody sitting on a large Short position and who is unable to deliver. It surely NOT is a normal operation like some sources like to pretend !

So far for the Fiat Paper side of the happening. On the Physical side however we note a growing number of buyers.

Gold transfers in Switzerland are 10% higher than last year (center of physical trade)
COT (commitment of traders) shows open interest for Gold has increased for the seventh week in a row.
Chinese Gold withdrawals for the week ending July 10^th were the 8^th highest ever (62 tonnes). As a matter of fact Chinese Gold reserves are at a record high and higher than these of the USA.
Both Silver and Gold are in Backwardation.

Last but not least, note the action happened without important VOLUME and with little follow through...and it surely scared off many Gold investors. Especially those who still DON'T UNDERSTAND WHY one must have Physical Gold/Silver and keep using the Barometer of Worthless Fiat Money and the Gold Paper money to value their assets.


click to enlarge

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Monday July 20, 2015 - We have in fact, two Gold & Silver markets: a physical and a paper one.

Updated Sections: $-Gold ,  Gold & Silver Juniors ,

Was Friday a failed attempt for a new coup on Gold & Silver? They surely picked out the right timing...it was close but No Cigar!

It's incorrect to label the 2011-2015 down wave for Gold as a CRASH (Amstrong does...). What we have today is a nothing more than a normal, ordinary correction which is manufactured by the 21st Century Gold pool. (See the Point and Figure charts - special ratio on the Goldonomic site with support levels and see for yourself that the UPTREND for GOLD is INTACT).

What happens in today's Gold & Silver sector is a REMAKE of the 2008-09 Scenario in Slow Motion..!

At present we have TWO Gold/Silver markets: only one will survive!

Market # 1 : the Physical market where supply of Gold and Silver keeps coming down (marginal production cost is $ 1,200) but demand continues to go up.
Market # 2 : the Fiat Paper market where supply of PAPER Gold/Silver keeps rising and demand does not. Basically both sides of the trade belong to the same entities (gold pool, plunge protection teams, central banks). If there is an accident either with one of these financial entities and/or with Fiat Paper Money, market # 2 blows up...and all players end up bankrupt and empty handed.

Time to make up your mind and decide which market you want to play: Market #1 or Market # 2 .

Market # 1 : price may continue to come down for some time but will survive. You keep your physical Gold but ensure you are the only one to control it: NO Safe deposit Boxes with banks, no Gold-accounts, no dedicated gold,...ONLY gold in your OWN VAULT outside of political reach and outside the financial system.
Market # 2 : if you short you might make some Fiat Paper profit in the short run but could be slaughtered overnight...either because something happens inside the Fiat Paper Gold/Silver market or an accident happens with Fiat Paper Money (banking system, derivatives,...) . By playing the Fiat Paper Gold Market you admit to yourself you don't understand what is really happening and are unable to see beyond Fiat Paper Money.

To rise interest Rates is the last thing Central Banks want...and mark my words, there will be NO INTEREST RATE HIKE as we have NO DEFLATION!

There are $ 3 trillion ETF's floating around and BlackRock but NO LIQUIDITY!.. .the day is close we're about to hit this black rock. Note how uncomfortable the CEO of BlackRock is....

The only way to get out of the depression, is to reform the banking system and get rid of fractional reserve banking. The Banks and Central banks are Mirages, empty shells, as real as Santa...and you and me are about to find this out soon! Money changers are worse than SATAN!

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Friday July 17, 2015 - What happens in Vegas, stays in Vegas. What happens in Greece, will happen at home tomorrow.

Updated sections:

You still BELIEVE in Real Estate, why than not buy this property in Florida!? Asking price is $ 550,000 (€ 500,000) 4 bed, 5 bath, 6,450 sq. ft ( 645 m²) , 3 car garage, pool, living area 4.125 sq.ft (412 m²) , Waterfront - lake , built 2008 (NEW) - Community Information: Clubhouse, Exercise Room, Manager on Site, Pool, Sidewalks, Street Lights, Tennis. Restrictions: Buyer Approval, Commercial Vehicles Prohibited, Interview Required, Lease OK w/Restrict, No Truck/RV, Other,Pet Restrictions,Tenant Approval Exterior Features: Covered Patio, Fence, Summer Kitchen, Zoned Sprinkler Interior Features: Built-in Shelves, Ctdrl/Vault Ceilings, Fireplace(s), Foyer, Split Bedroom, Volume Ceiling, W/D Hookup, Walk-in Closet, Wet Bar Equipment Included: Auto Garage Open, Central Vacuum. This House sold for $ 3/4/5 mio in 2006!

Money has bled from the Greek banking system over the last year, a number around 100 billion euros …but there is still over 100 billion euros left? Who would have left any cash in Greek banks as wide spread and “early” as the bad news on the banks has been? Were the Greek people sleeping? Did we have a “can’t happen here” syndrome? Who would have been stupid enough to leave capital (deposits, saving accounts) in the bankrupt banking system of a bankrupt nation? Who is stupid enough to leave valuables like Physical Gold and Silver in a Safe Deposit Box with a bank!? Who is stupid enough to manage his portfolio through a bank!? Who is stupid enough to keep his savings into real estate and to buy even more of these High Order Capital Goods!?

note: My experience (+37 years) is that most people live with the "can't happen here" syndrome and use their children and/or (grand)parents as an excuse to do nothing. Some also hope that they will be able to ACT just before the accident happens. Many Woman refuse to move savings to another country, how safe that country can be....simply because they fear that when something happens, they won't be able to get hold of these assets. Few however realize that it becomes a challenge to flee to some safe heaven if one cannot take some assets along. So WHY not move some NOW!? Worst case scenario, you just have to repatriate these assets....And don't expect a politican/banker to WARN you of some IMMINENT DANGER.

It is appalling to see that a democratically elected government (Greece) executes orders enforced by non-elected EU-politicians after the Greek people said NO in a democratically held referendum. As a matter of fact, this is "an Act of WAR".

Only the DINGDONGS living in LALA-LAND do nothing...Western Europe and the USA are in a worse shape than Greece (or at least almost as bad as). What is happening now in Greece, will happen tomorrow at home: Bank Holidays, limited withdrawals out of ATM machines, capital controls, RIOTS, ...Who will the Greek people sell Real Estate to if there is no money to buy it? More austerity means more contraction of the GDP (Gross Domestic Product). More austerity means that more Greek people will emigrate...the best entrepreneurs and those with capital go first. A lot of them are probably already gone. Only the DINGDONGS living in LALA-LAND do nothing. A GREXIT would have allowed for a devaluation of the NEW DRACHMA and a Moratorium of the debt. The Greek leaders made the wrong decision. [Politicians by definitions always do the opposite of that needs to be done at a wrong time]. Spanish and Portuguese Politicians walk the same path...so do all European leaders! IT is quite possible that Tsjipras was told what would happen in case there was a GREXIT and a Greek Moratorium: HELL WOULD HAVE BROKEN LOOSE all over the World.

What does it mean for your savings:

It becomes extremely dangerous to keep money within the banking system. Even if you keep it with a non EU-bank/financial institution in the EU these are 100% subject to the local legislation.
You should not keep bank notes in a safe deposit box...because you won't be able to access it in case of a bank holiday.
It is dangerous to keep physical Gold and Silver in a Safe Deposit Box with a bank/financial institution. In case of a Bank Holiday, you won't have access to it.
It is dangerous to keep physical Gold and Silver in the EU as I expect Capital Controls, Capital Gain tax etc...(you need to sell these holdings one day, don't you!?)
Pensions will be taxed or bailed-in. This also applies to private pension plans and life-insurances and life-insurance plans (TAK 21,...)
Real Estate will be taxed more and rents will be controlled. In a couple of years from now, nobody will want to buy any...as Real Estate prices continues to come down.
Best is to keep a part of your savings with a protective legal structure out of political reach...in a VAULT...for THIS IS WAR!

The Gold and Silver sector is still under pressure...But if you jump out of the pan, you'll end up in the fire of worthless Fiat Money.

Important Fundamentals: more in the subscriber's section

It's only a matter of TIME and WHEN. “We may grant that gold futures trading has materially added to the longevity of the regime of irre-deemable currency. But while the central bankers are buying time, sand in the hour-glass of the gold basis keeps trickling down. When it runs out, the trickle of cash gold from warehouses will have be-come an avalanche that could no longer be stopped.” (A Fekete)
In aggregate only four sources of gold demand (i.e. China, India,..) alone have exceeded the output of every gold mine in the world on a monthly basis during most of the last year.

Important Technicals: more in the subscriber's section

Every actor is in place to have a MAJOR BREAKOUT of the Gold & Silver sector...ALL fundamental, technical, political and psychological ACTORS!
Gold but Silver is now ALSO in backwardation. This means that buyers prefer to buy these CASH and take delivery NOW because they fear they may not get delivery in the future.


Gold Backwardation	Silver Backwardation

Thursday July 16, 2015 - those who keep physical gold in a safe deposit box with a financial institution are DINGDONG!

Updated sections: Gold & Silver Majors , Stock Market Indexes in Gold, Gold Fundamentals ,

We have the knowledge, experience en financial/economic ability to judge and forecast the behavior of the financial markets. What we cannot however, is to forecast the behavior of Intelligent Psychopaths and Banksters. Hard to know how long they will succeed in misleading the World. Some day...the chickens will come home to roost. We know that day will come and that when it comes, we shall have a catharsis.

Since the Summer of 2011 the price of Gold was RIGGED down by the Banksters with DERIVATIVES. FINAL...any other argumentation is BS. Gold will go up again the day the manipulation stops working.....

To blame us for have wrongly predicted the 2011 - 2015 correction, or should I rather say MANIPULATION, is ridiculous are the 2011 top for Gold didn't even show a previous parabolic runaway nor a top. Since September 2011 and until today, the Gold & Silver (and probably Oil) prices are coming down because these are MANIPULATED DOWN with the help of DERIVATIVES. This in order to ensure the "Stupid Democratic Herd" doesn't start to panic and keeps believing the fairy tale of Fiat Money. Greece is a good example. Although it was widely known what was to happen, millions of (stupid) Greeks kept their money in their bank accounts. Even worse, they kept valuables (bank notes, gold, silver,...) in a safe deposit box with their bank.

The situation wasn't different in the 1960's with the Gold pool (see education hall). Financial Institutions lost billions before they stopped the crazy manipulation. Shorting Gold & Silver: the historic shorting figures for Gold & Silver (middle graph) just proofs that Banskters need more and more (exponential) fiat money to keep the price of Gold and Silver at these surrealistic levels. Nothing more. As a matter of fact, the total shorts can continue to rise in the near future...that is until the manipulation stops working.

Gold & Silver SHARES have suffered a lot more than the Gold and Silver metals. It always happens this way. However, on the way up, Gold & Silver Equities as a rule also PERFORM a lot better than the metal. Gold & Silver DERIVATIVES remain EXTREMELY HAZARDOUS as they are manipulated by the Banksters (see charts above) and the logic is that the holders will loose their investments once the FIAT in the Banking system disappears. Gold & Silver OPTIONS, TURBO's, WARRANTS, FUTURES are part of the DERIVATIVE package.

Knowing what was to happen in Greece, one had to be a DINGDONG to keep valuables in a Safe Deposit Box with a Greek Bank!...are you also a DINGDONG!? Where do you keep your physical Gold and Silver!?

The day the Fiat Money Bubble bursts, the Banks and Governments bursts...Some analysts predict a Catharsis before the end of 2016. Honestly, I don't know when it will happen. It could happen any time...today, next month, next year, in two or three years from now. We think nobody knows and that it is better to be 4 years early than one second late...unless of course you crave to experience what Greek people experience.

Important Fundamentals: more in the subscriber's section

Important Technicals: more in the subscriber's section

Wednesday July 15, 2015 - markets are celebrating a victory which is in fact a defeat!

Updated sections: Indian Rupee Gold, Yuan Gold, Krona-Gold & Krona/$/€

The Euro will die anyway and then we can go back to the Drachma (Yanis Varoufakis).

Belgistan is a LOT worse than the death of the Euro... .Brussels is the capital of Europe. But some are now calling it the Muslim capital of Europe .

Important Technicals and Fundamentals: see subscriber's section

Tuesday July 14, 2015 - It ain't over until the Greek Fat Lady sings...and I didn't hear her!

Updated Sections: ¥-Gold & ¥/$/€ , £-Gold & £/$/€ , ZAR-Gold & ZAR/$/€ ,

It ain't over until the Greek Fat Lady sings...and I didn't hear her! Not the slightest doubt this will end in social unrest and a revolution, coup,...Mathematically speaking, what the EU-officials, ECB and IMF want to achieve by enforcing these measures, has to fail. It simply cannot succeed. July 14 matures a JPYen 20 billion (about $160 million) Samurai note sold in 1995 !

It's all about the German, French, Dutch and Italian banks and ZERO about Greece. No doubt that in five years from now Greece will have become a 3rd world country where not even NOBODY will go on vacation. [note: most Greek banks have already been taken over by non-Greek banks]

Let politicians manage the SAHARA and in less than 5 years you won't find any sand left.

This is what the Austerity measures achieved since 2009 (nothing to be proud off):...and be advised things gonna get worse even faster once the new measures are implemented.

Unemployment went up by 125% (since 2009 1.2 mio Greeks lost their job)
30% of the Greek companies closed their doors.
Salaries came down by 40%
Pensions were reduced by 50%
Poverty increased by 100%
The number of households without access to electricity increased by 250%
The number of children living in poverty increased by 41%
About 250,000 scientists left Greece..Like for Spain, there was more emigration of educated people than inflow of Middle-East and Africans
The upper class (10% of the population) now owns 56% of the Greek wealth. The Middle-class has been slaughtered and still is.
Since 2009 Gross National Product lost 25%

Important Fundamentals-Technicals: more in the subscriber's section

Markets tend to return to the mean over time.
Excesses in one direction will lead to an excess in the opposite direction. (Gold & Silver sector)
There are no new eras - excesses are never permanent.
Exponential rapidly rising or falling markets usually go further than you think but they do not correct by going sideways.
The public buys the most at the top and the least at the bottom.
Fear and greed are stronger than long-term resolve.
Markets are strongest when they are broad and weakest when they narrow to a handful of blue chip names.
Bear markets have three stages - sharp down, reflexive rebound and a drawn-out fundamental downtrend.
When all the experts and forecasts agree - something else is going to happen.
Bull markets are more fun than bear markets.

What standing army's (Hitler) failed to to, is now accomplished by the Banksters and Politicians. Greece is #1 on the list and a test case for: Spain, Portugal, Italy, France,....

Monday July 13, 2015 - Did Yanis take the Greek pride with him when he resigned? Was somebody bribed or threatened?

Updated sections: US-Dollar , Silver , $-Gold , Crude Oil , Aussie-Gold & Aussie/$/€ , Can-Gold & Can$/$/€ , Swiss-Gold & Swiss/$/€ , €-Gold & €/$ ,

Did Yanis take the Greek pride with him when he resigned? Was somebody bribed or threatened? Some political analysts wrote the referendum actually backfired! When Tsipras called for the referendum, he expected a "yes" vote. The "plan" was after the yes vote, Tsipras would hang his head and agree to more austerity and thus kick the can one more time. If so, this also explains why Yanis resigned. More austerity will bring more misery and Greek people will stand up and revolt faster...

How Tsipras can return home without being lynched by a mob is beyond me...

Is the Situation Room doing "Overtime" ? Are the Plunge Protection Teams failing!? Today we have "plunge protection teams" all over the world. In the U.S., it is by an executive order signed in 1988 by Ronald Reagan. The Bank of Japan has openly said they buy everything including equities. China, who has been having very serious (25%-42% drops in just 16 trading days) market problems. In fact, it could be said China has already crashed. China is making it illegal for institutions to sell, the PBOC has actively been in their markets and everything they have tried has not worked until today. Then we have Europe where Draghi promised to do anything necessary.

Maybe we are seeing a global Plunge Protection Team failure? The "fires" are no longer compartmentalized, they are jumping borders and it is this "crossing of borders" which is causing problems: what happens if both the ECB and the Fed are trying to support their own currencies, aren’t they actually trading against each other?

Digital Money (bank deposits) is not a safe place to keep your savings. I will become more and more difficult, if possible at all to get your money out of the financial system. The reason for this concerns the actual structure of the financial system: The total paper currency in the US financial system is a little over $1.36 trillion. The total digital money is over $10 trillion. The total is $ 11.35 trillion. The money in the US stock market today is about $20 trillion. The US bond market (corporations, municipals, Treasuries) is $38 trillion large. Mortgages, CDO's, junk bonds, etc... is over $58.7 trillion. DERIVATIVES traded between the big banks and corporations are at least $220 trillion but probably $ 1.4 quadrillion. There is NO WAY the total of available money can cover any of these...

Important Fundamentals:

xxxxxxxxx Is Making A Fortune In Russia. According to the latest technical report on xxxx, the after-tax cash flows from 2015-2020 will be $1.584 billion. It's highly likely that xxxxx will be producing a lot more gold and silver from this region well past the current 2020 end-of-mine-life date. xxxxxxxxx is currently making a fortune in Russia...more in the subscriber's section

Important Technicals: see subscriber's section

Friday July 10, 2015 - Austerity is the equivalent of bleeding a patient to make them better. We all know it doesn't work.

Updated sections:

Austerity is the equivalent of bleeding a patient to make them better. We all know it doesn't work. Why than does the ECB, EU and IMF don't know this? Are these Intelligent Psychopaths really that stupid?

A Greek Bailout Is Really a Bailout of Western Banks : French banks, German banks and American hedge funds. The EU, ECB and IMF seem to have no plan, but Greece surely has. The US and the IMF have both called on European leaders to grant Greece debt relief, to prevent ‘Grexit’ from the eurozone. No doubt the situation is extremely explosive! Last week the IMF said that Greece would need €10 billion over the next few months and an additional €50 billion in the next three years to pay the country’s arrears. Before making any repayments, Greece would need a 20-year grace period, making the last payment no earlier than 2055, the Fund said.

Greece basically can go down three very different roads. They can A. use their "new freedom" to either negotiate new aid and restructuring debt, they can B. stay in the Eurozone while not paying on their debt and using a new drachma or, ...C. they can go full Iceland! Please understand this, no matter what they choose, the Greek banking system is inedible toast and they cannot pay their debt service let alone the principal. The bottom line is "someone" will have to eat the losses. Whether it be the ECB itself, European banks or whomever, the debt will not be paid and someone, somewhere will have to "lose". Keep in mind this is happening while liquidity is already quite tight.

Cyber attacks we had this week in the United States and Europe...click on the picture for the life action.

Important fundamentals:

Whether the paper price of Gold goes up or comes down is absolutely IRRELEVANT. Gold is your insurance. If the Gold price tanks, it will because Fiat Money disappears and when such happens remember that most other people will be left with NO Fiat Money whatsoever. If the price soars, remember that most other people will be left with worthless Fiat Paper Money. In both cases, you will be the winner....and most other people the loosers...more in the subscriber's section

Important Technicals:

One of the reasons Bitcoin has been relatively stable is because speculators and algorithmic trading systems cannot easily move in and out of it.
more in the subscriber's section

Thursday July 9, 2015 - Greece and others now find themselves in the wrong currency. There is a new Berlin Wall and it's called the Euro...and it's burning.

Updated sections:

Your moment has come, Mr Tsipras, take back control of your country - UKIP leader Nigel Farage . The bailout was for the German, Italian and French banks....not for Greece.

Greece is all about the French, German and Dutch banks and it CLEAR the Intelligent Psychopats (incl. the non-elected-EU-ones) don't have a clue, don't understand what is happening... and if they do, they are playing an extremely dirty game. If Greece declares a Bankruptcy, (Derivatives) HELL will break loose!

VERY Important Fundamentals:

Debt Going to Explode in our Face and the US Gross Domestic Product has to contract by 40% for the situation to be survivable.

VIDEO in subscriber's section

Important Technicals: see subscriber's section

Wednesday July 8, 2015 - Greece plans to prevent owners from accessing the contents of their safe deposit boxes.

Updated sections: World Stock Market Indexes,  Long Term Stock Market Indexes ,

When the collapse comes you're gonna be stuck with what you have. What do you want to be stuck with!?

Greece plans to prevent owners from accessing the contents of their safe deposit boxes. Last week the Greek government imposed capital controls to prevent cash from escaping from the Greek banking system. These repressive measures were invented by "Hitler's banker" Hjalmar Schacht in the 1930s, and include the closing of banks, limiting cash withdrawals and the banning of all money transfers to accounts held in foreign countries. Despite these Draconian controls, Greek banks continue to hemorrhage cash and, after yesterday's referendum, it is probable that the daily limit on withdrawals from ATMs will be tightened. Worse yet, the Greek public suffered another shock yesterday when Deputy Finance Minister NadiaValavani revealed to Greek television that the government and banks had already agreed that people would also not be allowed to withdraw cash from safe deposit boxes for as long as the controls were in place.

Are you also keeping Physical Gold, Banknotes in a Safe Deposit Box!? Is so, you are playing with fire...

This may be part of a fallback plan if the ECB ends its bailout of the Greek banks. The government with the banks' connivance would seize the cash euros stored in these boxes and compensate their lessees by crediting an equal sum of euros to their increasingly inaccessible checking deposits. The cash would then be fed into ATMs to postpone the day of reckoning for Greece's zombie fractional-reserve banks.

As the Greek crisis deepens, the contagion threatens to spread to the sovereign debt and the fractional-reserve banking systems of other countries. Faced with such a financial crisis, it is a good bet that no government will hesitate to impose capital controls, up to and including forcibly preventing owners from accessing the contents of their safe deposit boxes.

With the Vault system we advise, you are keeping your assets out of political reach but also OUT OF THE BANKING SYSTEM. However, the possibility exists to return to the banking system at any time.

Important Fundamentals & Technicals: more in the subscriber's section

Tuesday July 7, 2015 - A big fat greek NO: Der Krieg ist verloren but they forced the winner to abdicate!? -

Updated sections:

Der Krieg ist verloren (the War has been lost and the Euro will die...)

A big FAT Greek NO. This is the beginning of the end. Even Merkel admitted a Greek NO would signify the end of the Euro and the jobs of the unelected EU-petty-government-officials. A weird world where the Real Winner (Yanis) has to resign after he was called names by Intelligent Psychopaths (Lagarde, Disselbloem,...).

The EU-chickens are coming home to roost. Greece or the country where Real Democracy was born is signaling the beginning of the end of what Intelligent Psychopaths all over the world call 'Democracy'. What they call Democracy in fact could be anything but Real Democracy...and is Fascism.

The NO vote of the Greek people has nothing to do with LEFT or RIGHT and it has set the trend for Europe. Soon people in Spain, Ireland, Britain and other countries will follow. The game of the unelected EU-petty-government-officials is coming to an end. To prosper, a country and society needs Entrepreneurs, not lawyers.

There is no EXIT and the LIE is growing bigger each day. The Greek Drama however is only a cover up for a real crisis which is developing far faster than expected and is impacting the 75 Trillion Shadow Banking sector which is on the verge of implosion. Focus on Europe as the real crunch will spread like a wildfire from there seizing up all credit markets. Central banks are doing everything in their power to keep investors away from the exit door because there simply is NO EXIT. They go as far to buy everything which is paper: bonds, stocks, derivatives, currencies and paper - suppress everything which is REAL ASSETS.

Just imagine holding Italian or Spanish Treasuries knowing that it is impossible to sell these at par. There is NO LIQUIDITY out there whatsoever and it takes weeks even to liquidate a small Bond/Treasury portfolio. We may be approaching the point where central banks are loosing credibility and their ability to contain a fallout, when governments are so badly in debt is non existing.

Bonds are the biggest bubble in financial history and Bonds is debt and Bonds is Fiat Money. Therefore if Bonds are a bubble, every asset class is in a bubble.

There are $75 to $ 100 trillion in bonds in existence today. Consider that these bonds are used as collateral for other securities, Credit Default Swaps (CDS) and DERIVATIVES and the Credit Bubble quickly mushrooms to $ 1 quadrillion and more. Just imagine what happens if for some reason (ex. Greece) Banks and/or Central Banks try to offload part of the bonds they are holding in a market without liquidity...

Important Fundamentals:

The Chinese stock market is collapsing and Chinese have now to meet margin calls in the same way the americans had to meet margin calls during the great crash. Today in China banks even allow Real Estate to be used as collateral. But Chinese Real Estate is already used as collateral...There is little hope that these and other measures will have a lasting impact on the Chinese Stock Markets. For this reason we now also label this market RED
The ECB just took its first step toward launching a Greek bank bail in. It increased its haircut from roughly 50% to just about 60% above which level depositor bail ins begin.
Central Banks and Authorities keep rigging the financial markets and especially the Gold & Silver sector and currencies.

Monday July 6, 2015 - it's a NO: the beginning of the end (Greece is for Europe what is Puerto Rico is for the USA)

Updated sections:

What about a NEW GOLD GUARANTEED DRACHMA !? If plan A and plan B fail, why not use plan G: Greece was ranked 32nd on the list of 40 countries with the largest gold reserves, leaving behind the Bank for International Settlements (BIS), Australia and Kuwait. It is estimated that the country has 112.5 tons of gold in its reserves.

Greece has a full hand. Even more so now that Alexis and Yanis are supported by a massive NO cry of the Greek people. The IMF, ECB, EU-unelected better be sweet...if not they will also get Spain, Ireland and Italy on their back. History is being written and we are living the beginning of the end. Hard to forecast in how far and how fast the NO will spread through the Western World, the Banking system and into DERIVATIVES. In all cases, be prepared for more pain before things get better.

Greece is facing a hideous choice: A third massive international bailout with strict austerity attached, or economic collapse...and a recovery. If the bookmakers are right, Tsipras and Yanis should be resigning after Sunday’s vote, as EU officials are hoping. They could presumably work with a less revolutionary provisional government, reopening banks and freeing up loans for Greece in the process. But the can will only be kicked down the road for a couple of months more...Sunday however it looks like we shall see blood on the wall as the bookmakers and probably also the Central Banks, Large Banks,...DERIVATIVES are going to suffer a MAJOR loss. Like the bankruptcy of the Austiran Kredit-Anstalt in 1931 was the precursor of the Weimar Hyper-Inflation and Great Depression....the NO of the Greek population is the precursor of the coming Hyper-Inflation and the Great Depression of the 21st century. The Kredit-Anstalt went belly up because the french central bank insistent on the repayment of her short term debt.

The EU & Co. is like Goebbels & Co....since 2008/09 they make and adapt the EU-legislation in an UNDEMOCRATIC PROCESS (Fascism it is).

Yanis on CNN. He knows what he's doing and he's not prepared to give in to Goebbels & Co. Hopefully he gets the support of the Greek majority. A GREXIT is the best that can happen to Greece. The risk however is that the Grexit and a bankruptcy of Greece will have severe repercussions on the financial markets (DERIVATIVES). Got GOLD!?

Important Fundamentals:

Planning to electronically transfer your Euro's out of political Reach? Be advised that the banks are limiting the amounts one can transfer daily.
Planning to buy more physical Gold!? Be advised several metal dealers are out of stock. European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro.
However, it is the "paper" gold market where things were most perplexing in recent months. In the first quarter of the year, or the same time the Syriza government took power, something very dramatic took place in the US derivatives market, where first JPM saw an absolute explosion of its commodity derivative holdings (a broad umbrella which is not broken down further)..... coupled wih Citi's surge in "precious metals" derivatives which soared from $3.9 billion to $42 billion.

JPM commodities derivatives

The concept of mutual funds is sound but when the activity is exercised collectively (like it is today) dangerous distourtions are created. Also, they all have a 'force majeure' clauuse in their contracts under which redemption of shares for cash can be suspended.
The Authorities had to reduce drastically interest rates to bail out the system. The result is that this gives banks major bond portfolio profits which assisted to offset the other losses (i.e. real estate, derivatives).
xxxxxxxx announced that it was putting the finishing touches on a massive deal that would double the amount of Russian gas flowing to Germany via a second Nord Stream pipeline.

Important Technicals:see subscriber's section

Friday June 3, 2015 - Markets are closed today in the USA - 4th of July - Making something (Gold) illegal doesn’t necessarily make it unpopular (Weed).

Updated sections: $-Gold, Silver, US-Dollar, €-Gold & €/$ ,

35 percent of Americans would expatriate...(not an April Fools Joke)

You don't have to be the first one to get your money out of an ATM. You just want to be sure you get your money before the machine runs out of cash. And when a bear attacks Wall Street, you don't have to be the first to sell. But you definitely don't want to be the last.

Buy Gold as long as nobody cares about it. By the time they care, you’ll want to have as much as possible.

EUROPEAN BANKS should be avoided!

Nearly one in five leading European banks have failed the stress test conducted by the European Central Bank, which revealed a $31.2 billion (€24.6 billion) capital gap in 25 banks showing they’re not ready to withstand a three-year recession. The results of the EU-wide stress test were reported on Sunday by the European Banking Authority (EAB) and the European Central Bank (ECB). Following failed: Deutsche Bank, Santander, AXA bank, DEXIA,..

With nine banks failing the test, Italy represented more than €10 billion of the capital shortfall. Other balance sheets that weren’t up to snuff were three banks in Greece, three in Cyprus, two in Slovenia, two in Belgium, and one each in Austria, Germany, France, Spain, Portugal and Ireland.

An AUXIT for Austria?

EU officials from Jean-Claude Juncker, the unelected President of the European Commission, to Red Queen Angela Merkel, are desperate to keep Greece in the EU. After all, the EU holds all those expensive Greek debts and does not want to write them off. Meanwhile, Tsipras is holding out to see if a desperate EU will give him better terms. That seems like folly but anything is possible because the EU is not being run on the basis of sound economic policies.

While the Mainstream Media are focused on Greece the EU is attacked by Austrians. Over 260,000 Austrians have signed a petition calling for the EU exit for the country, and now the Austrian parliament must discuss a referendum on the issue. Overall, the 261,159 people who signed the petition represent 4.12 percent of the electorate. If a referendum is held and Austrians say YES to an AUXIT, the EU like we know it is a dead duck.

A similar referendum is planned for the UK. It is scheduled to take place before 2017, although the exact date has not been named with any level of clarity. The latest opinion polling by YouGov suggests some 38 percent of Britons want to leave the EU, while 44 % would prefer to stay.

Important Fundamentals & Technicals: more in the subscriber's section

Thursday July 2, 21015 - When political leaders (intelligent psychopaths) make mistakes, they make BIG mistakes.

Updated sections: $-Gold ,

The EU is an enterprise conceived by politicians and administered by lawyers. These two groups have a proven tendency to fall foul of the law of unintended consequences. They make rules which are supposed to bring benefit without taking due account of the effects. Their inclination is to believe that behavior is driven by rules. By contrast, economists know that it is driven by incentives.

Whether the unraveling of the world’s financial system starts now or in the autumn, there is no way the system can be saved. Governments are not going to create $200 trillion out of thin air, plus potentially more than one quadrillion dollars for the derivatives.

When the Great Financial Crisis started in 2006, U.S. interest rates were 5 percent. Today they are at zero. So there is nothing to be gained from lowering rates. The only tool left will be more money printing from the IMF and the major central banks. This will lead to a hyperinflationary period before a deflationary implosion of the financial system. And any attempted reset would just be a disaster because of the enormous amount of worldwide debt. [subscriber's know what marginal interest rates are]

This is a video for all those who keep BELIEVING the Politicians and Mainstream Media and don't start to prepare NOW! (click to watch)....the state of the economy is terrible!

They are 4 ways for a government to default: 1. Stop honoring it's obligations (pensions, social security,...) 2. Inflate the debt away , 3. Roll-over the debt and 4. A combination of 1 & 2 & 3. There are only few ways to protect yourself...and Goldonomic KNOWS which these are and what the proportions are.

Physical Gold
Out of political reach
Out of the banking/financial system
The correct currency in the correct country
Some stocks: Gold & Silver shares, Energy, Recession Proof
The correct legal structure
A second permanent residency in a political/fiscal correct country

note: there is NO limit to the price of Gold...when the market calls the bluff of Central Bankers and Authorities it will be TOO LATE to act. Experience tells us one needs on average 6 to 12 months to do whatever has to do to secure his savings .

It takes 6 to 12 months to move one's savings into security...therefore anybody who's doesn't start doing it now, will come too late!

Important Technicals:

Markets are never wrong and today they tell us that there will be a EU & Bank friendly solution for Greece.
see charts (click to enlarge)..more in the subscriber's sections

Wednesday July 1st, 2015 - Don't expect PANIC until it's too late...the PROPAGANDA and the DREAM are POWERFUL but Bond markets are cracking!

 Updated Sections: Can-Gold & Can$/$/€ ,

90% of the public is living in LALA-land. Those amongst you who don't believe it, should check the behavior of the Greek people which keep trying to pin money out of the ATM machines!?

If Greece blows up, DERIVATIVES blow up = financial world BLOWS up!..

Mutual Funds are even more dangerous than most people imagine. BlackRock Inc. is seeking government clearance to set up an internal program in which mutual funds that get hit with client redemptions could temporarily borrow money from sister funds that are flush with cash. – Bloomberg News We may have been early on warning about leaving your savings in the financial system. It's okay to be too early getting your money out of the system but it's fatal to be just one second too late (better 4 years early than one second late). The gates are already in place in money market funds just waiting for the signal to be lowered. Anyone who is aware of this and does not take action immediately is either a complete idiot or simply does not care about having their money taken from them.

This move by BlackRock also signals that the elitists at BlackRock foresee an event that will disrupt the markets and trigger “bank” run on mutual funds. What or when is anyone’s best guess.

Important Fundamentals:

What if the next QE FAILS? Liquidity is there when you don’t need it, and it promptly disappears once it is in demand. If liquidity lasts longer than 4 hours, call the CFTC because you may be experiencing a spoof. Right now, the ultimate spoof is setting up as the credit default swap market collapses, and a global bond market margin call is just around the corner.
The most serious risk at the moment is the lack of bond market liquidity. This problem was created by the Federal Reserve. By flooding the market with liquidity, the Federal Reserve paradoxically destroyed the liquidity it sought to create. Initially, the Federal Reserve’s actions helped stem the panic selling when it stepped in as the buyer of last resort. However, the Fed is quickly becoming the buyer of first resort. The CME even has a Central Bank Incentive Program to encourage foreign central banks to buy S&P 500 futures. The Federal Reserve is buying S&P 500 futures alongside the foreign banks.
As the Fed’s balance sheet expanded ever larger, they transformed from being a mere market participant to becoming the market itself. The Federal Reserve, along with the rest of the world’s central banks, are essentially engaging in a multi-year effort to corner the global bond market. As we have seen in every case, no one has ever successfully cornered a market indefinitely: from the Hunt Brothers in the 1980 silver market to the Saudi royal family in the modern fractured oil market to the Duke brothers in the frozen concentrated orange juice market, it simply has not worked. Running a monopoly is an uphill battle that eventually results in a spectacular blowup. Why would the central banks be any different? The run on the central banks has already begun. For the first time ever, QE failed. The first casualty was the Riksbank in Sweden.
The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank of International Settlements has warned. The so-called central bank of central banks launched a scatching critique of global monetary policy in its annual report. The BIS claimed that central banks have backed themselves into a corner after repeatedly cutting interest rates to shore up their economies. These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates.
The Tech Industry sits in a BUBBLE which is about to Burst. As a matter of fact, the tech bubble is worse thean it was in 2000. UBER is a good example of the Tech Bubble...but there are many more out there!

Important Technicals: more in the subscriber's section

Categories: News

International Wealth Management

NEWS JULY '15 (public)

If GREECE blows up, DERIVATIVES blow up = financial world BLOWS up!..

Friday July 31, 2015 - What will bring the system down: hyperinflation, or high interest rates and derivatives !?

Thursday July 30, 2015 - What will be the Black Swan which makes the financial markets flip in another direction?

Wednesday July 29, 2015 - Goldonomic releases a Long Term BUY signal for Gold & Silver: see details below.

Tuesday July 28, 2015 - China is a High Order Capital Good country which plays the role the USA played during the Great Depression!

Monday July 27, 2015 - Gold Conjunction of Price, Value and Sentiment are strongly Bullish or Bearish!? -

Friday July 24, 2015 - Buy when blood is running tru the streets and sell when everybody is celebrating -

Central banks trapped into Money printing business....and this will go on until we have hyperinflation.

Thursday July 23, 2015 - The Bankruptcy Of Planet Earth Accelerates – 24 Nations Are Currently Facing A Greek Style Debt Crisis

Wednesday July 22, 2015 - viewed in this context the actual correction of Gold is irrelevant

Tuesday July 21, 2015 - close but no cigar: Do you ever play Chess and the next precious metals option expiry is on the 28th July. !

Monday July 20, 2015 - We have in fact, two Gold & Silver markets: a physical and a paper one.

Friday July 17, 2015 - What happens in Vegas, stays in Vegas. What happens in Greece, will happen at home tomorrow.

Thursday July 16, 2015 - those who keep physical gold in a safe deposit box with a financial institution are DINGDONG!

Wednesday July 15, 2015 - markets are celebrating a victory which is in fact a defeat!

Tuesday July 14, 2015 - It ain't over until the Greek Fat Lady sings...and I didn't hear her!

Monday July 13, 2015 - Did Yanis take the Greek pride with him when he resigned? Was somebody bribed or threatened?

Friday July 10, 2015 - Austerity is the equivalent of bleeding a patient to make them better. We all know it doesn't work.

Thursday July 9, 2015 - Greece and others now find themselves in the wrong currency. There is a new Berlin Wall and it's called the Euro...and it's burning.

Your moment has come, Mr Tsipras, take back control of your country - UKIP leader Nigel Farage . The bailout was for the German, Italian and French banks....not for Greece.

Wednesday July 8, 2015 - Greece plans to prevent owners from accessing the contents of their safe deposit boxes.

Tuesday July 7, 2015 - A big fat greek NO: Der Krieg ist verloren but they forced the winner to abdicate!? -

Monday July 6, 2015 - it's a NO: the beginning of the end (Greece is for Europe what is Puerto Rico is for the USA)

Friday June 3, 2015 - Markets are closed today in the USA - 4th of July - Making something (Gold) illegal doesn’t necessarily make it unpopular (Weed).

EUROPEAN BANKS should be avoided!

An AUXIT for Austria?

Thursday July 2, 21015 - When political leaders (intelligent psychopaths) make mistakes, they make BIG mistakes.

Wednesday July 1st, 2015 - Don't expect PANIC until it's too late...the PROPAGANDA and the DREAM are POWERFUL but Bond markets are cracking!

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