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Tag: gold manipulation

Labor Participation Rate Drops To Fresh 38 Year Low; Record 92.9 Million Americans Not In Labor Force

Another month, another attempt by the BLS to mask the collapse in the US labor force with a goalseeked seasonally-adjusted surge in waiter, bartender and other low-paying jobs. Case in point: after a modest rebound by 0.1% in November, the labor participation rate just slid once more, dropping to 62.7%, or the lowest print since December 1977. This happened because the number of Americans not in[...]

2015 – Year Of Catastrophic Bank Collapses, QE On A Grand Scale & Skyrocketing Gold

Today one of the greats in the business warned King World News that 2015 will be a year of catastrophic bank collapses, QE on a grand scale, and skyrocketing gold.  He also said that the big money is now dumping their stocks ahead of the coming madness. Greyerz:  “Eric, we live in a crazy world and it will only get worse.  Sadly, events in France remind us of that.  There will not[...]

The Dollar, On a ‘Hurricane Path of Destruction,’ is Set to Fall – MarketWatch

By Michael Brush The U.S. dollar, at its highest level in nine years, is about to fall off its perch. The decline will catch most investors by surprise and create sudden reversals in oil, coal and emerging market stocks. You can profit from this if you act now and buy those sectors — and bet against dollar. Continue reading at MarketWatch[...]

Oil’s Pricing Mystery Has Been Solved – Chris Mayer

It’s a new year, but it’s still the same market with the same people in it and the same worries. And the big story is still the collapse of oil prices. As I write, oil just slipped to a new 5½-year low. Why? Below I’ll reveal some things you probably don’t know about oil pricing — an explanation from the only guy who seems to get this: Warren Mosler, a former banker and ace hedge[...]

Asian Disenchantment with Western Gold Market Manipulation

The forthcoming launch of a gold kilobar contract by the CME group in Hong Kong is an element in Asian attempts to wrest control of gold benchmark pricing from the West. by Lawrence Williams A phrase at the end of a Reuters report on the forthcoming launch by CME Group of a gold futures contract in Hong Kong caught my eye. In commenting on the implementation of several gold futures trading[...]

When Next Crisis Unfolds, Fed Will Ask China to Revalue Gold! – Stewart Thomson

"America is in no condition to endure an economic downturn, yet a downturn is coming, almost as surely as night follows day. When the next crisis unfolds, I expect the Fed to quietly ask the Chinese central bank to revalue gold, by announcing a major gold buy program. This would allow China’s currency to become a competitor with the dollar. Equally importantly, it would allow the Fed to hide[...]

Where Will Gold End 2015 – $1,000, $1,325 or Maybe $2,500?

A look at the prospects for gold and silver prices in 2015 – and predictions of end year price levels for the two key precious metals. By Lawrence Williams Gold demand remains strong – notably in China and India. Well there’s nothing like being optimistic at the start of a New Year and there are certainly many factors to be optimistic about if you are a gold bull. Gold demand remains[...]

Consumer Companies Issue Most Negative Guidance Ever Despite Lower Gasoline Prices

by Wolf Richter But the oil-price crash was supposed to goose consumer spending. The price of oil continues to crash relentlessly. WTI trades at $49.80 as I’m writing this on Monday after hours, down 5.5% for the day, and down 54% since June 2014. The oil-price plunge is eating into the American oil boom, munching on income statements and balance sheets of drillers that have gorged on junk[...]

Beware the Money Illusion Coming to Destroy Your Wealth

By James Ricakrds A money illusion sounds like something a prestidigitator performs by pulling $100 bills from a hat shown to be empty moments before. In fact, money illusion is a longstanding concept in economics that has enormous significance for you if you’re a saver, investor or entrepreneur. Money illusion is a trick, but it is not one performed on stage. It is a ruse performed by[...]

2015: A World Ruled by Hubris, Willful Blindness and Desperation

Issuing lies and pursuing willful blindness is not leadership: it’s failure on a grand scale. Rather than issue predictions for 2015, this week I’ll cover themes that I believe will be consequential in the year ahead. The first theme is the dominant psychological dynamic of global leadership, which can be distilled down to a toxic brew of Hubris, Willful Blindness and Desperation. Examples [...]

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