Wednesday, March 21, 2012

Gold drops sharply 2012

Price of gold in Vietnam retreated to VND43.5 million a tael (1.2 ounces) on March 21 as global price slid on a stronger US dollar.
Sacombank Jewellery Company bought gold at VND43.38 million and sold at VND43.58 million as of 9.30am Vietnamese time.
Saigon Jewellery Company, Vietnam’s biggest gold processer and trader, collected the metal at VND43.38 million and sold at VND43.58 million as of 10.33am Vietnamese time.
Hanoi-based Phu Quy Jewellery Company purchased SJC-brand gold at VND43.43 million and sold at VND44.57 million as of 10.30am Vietnamese time.
Bao Tin Minh Chau Jewellery Company quoted price at VND42.45 million for buying, and at VND42.7 million for selling at 12.05pm Vietnamese time.
The precious metal has showed losing tendency since the beginning of this month, losing around VND1.7 million per tael from end February.
Yesterday, buying demand took the upper hand on bullion market. However, trading volume at some big jewellers even dropped over the previous day. Saigon Jewellery Company said its trading volume fell over March 19 as it sold 3,800 taels of gold, and bought 1,300 taels yesterday.
Domestically, gold fetched around VND2 million a tael, higher than global price.
On free market, dollars were bought at VND20,820 per dollar, and sold at VND20,840 per dollar, up VND10 per dollar in selling price over the previous day.
Meanwhile, Vietcombank purchased the greenback at VND20,820 per dollar, and sold at VND20,880 per dollar, an increase of VND10 per dollar from the previous day.
Internationally, gold rebounded in the trading session in Asia this morning after declining nearly 0.8 per cent in the trading session in New York last night due to a strengthened US dollar and a drop in oil price.
Concerns on a slowdown in China’s economic growth dragged oil price down, weighing on bullion. Crude oil also dropped on news that Saudi Arabia plans to pump more oil to meet any supply shortage caused by the Iran crisis.  
Moreover, US encouraging economic data strengthened dollar, sapping the appeal of the precious metal against equities.
Gold for immediate delivery fell as much as $12.7 an ounce to close at $1,651.8 an ounce on the Kitco trading floor.
In Asia, spot gold recovered $2.8 an ounce to trade at $1,654.6 an ounce at 10.30am Vietnamese time.
The euro exchange rate against the US dollar was at nearly $1.33 a euro in Tokyo this morning.
Crude oil futures for April delivery traded at $105.61 a barrel on the New York Mercantile Exchange at 10.30am Vietnamese time.
SPDR Gold Trust, the largest exchange traded fund backed by bullion, sold 3.1 metric tonnes of gold, reducing its holdings to 1,290.2 metric tonnes, as per company website

Gold Marketwatch

Gold ,Gold 2012,Gold new 2012
Gold opened slightly lower at 1653/1654 and made a quick dip to
. After quietly trading ahead of the P.M. fix, gold gained
in strength alongside rallying EUR’s and gains in equities. The metal
reached its intraday high of 1669.75/1670.75 mid session. Quiet trading
for the remainder of the day had gold close at 1667.25/1668..25.
Silver opened on its intraday low of 32.37/32.42. Tracking gains in base
metals and crude, silver reached an intraday high of 33.05/33.10 mid
session. Quiet trading for the remainder of the session saw silver close
at 32.91/32.96.
Technical Commentary
Gold closed higher today at 1667; consolidating the latest down-move
last Wednesday. Support is at 1625, the 61.8% Fibonacci retracement
of the December to February uptrend; and a breach of this level opens
up a full retracement to the 1522 December lows. Resistance is from
last Wednesday’s high at 1682.
Silver also closed higher today at 32.91, just below resistance at 33.15.
Support is at 31.82, the 50% Fibonacci retracement of the rally from
December through February. The Gold-Silver ratio is trading lower at
 Resistance remains at the February high around 51.9

Saturday, July 9, 2011

Gold holds gains after weak US job data

Gold prices held onto gains of nearly 1% on Friday, achieved after weak US nonfarm payrolls data renewed fears about the health of the world's biggest economy and spurred safe-haven buying.

Spot gold rose to a two-week high of USD 1,545.30 an ounce, and steadied around USD 1,540.75 by 1:21 pm EDT (1721 GMT) against USD 1,531.85 late in New York on Thursday.

US gold futures for August delivery rose USD 10.90 to USD 1,541.50, having reached a two-week high at USD 1,546.

Employers in June added the smallest number of new jobs in nine months, dashing hopes of a pick-up in economic recovery. Nonfarm payrolls rose by 18,000, the Labor Department said, well below economists' expectations for a 90,000 rise.

"It is the public-sector employment which was the disappointing factor," said Peter Fertig, a metals consultant at Quantitative Commodity Research. "The market overreacted after yesterday's ADP report showed a strong increase in the private-sector payrolls.

"You have some safe-haven flows (into gold)," he said.

The dollar dropped against several currencies as the US jobs data strengthened expectations the Federal Reserve will leave interest rates low well into next year, prompting investors to embrace alternate safe-havens.

A weaker dollar often boosts dollar-denominated assets, such as gold, because of the advantage it provides buyers outside the United States.

Among other precious metals, silver hit a four-week peak at USD 36.82 an ounce, and remained higher around USD 36.51 against USD 36.41.

Spot platinum slipped to USD 1,729.99 an ounce from USD 1,739.85 on Thursday. Spot palladium was down at USD 775.47 an ounce against USD 781.55 previously.

The platinum:palladium ratio -- the number of ounces of palladium needed to buy an ounce of platinum -- held at its lowest in more than four months at 2.23.

Prices at 1:31 p.m. EDT (1731 GMT)

LAST/ NET PCT YTD

CLOSE CHG CHG CHG

US gold 1530.60 0.00 0.0% 7.7%

US silver 36.536 0.000 0.0% 18.1%

US platinum 1733.40 -9.60 -0.6% -2.5%

US palladium 786.55 0.00 0.0% -2.1%

Gold 1541.26 9.41 0.6% 8.6%

Silver 36.51 0.10 0.3% 18.3%

Platinum 1728.99 -10.86 -0.6% -2.2%

Palladium 774.47 -7.08 -0.9% -3.1%

Gold Fix 1541.50 15.50 1.0% 9.3%

Silver Fix 36.28 42.00 1.2% 18.4%

Platinum Fix 1740.00 5.00 0.3% 0.5%

Palladium Fix 776.00 6.00 0.8% -1.9%

Avino Silver & Gold Mines

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Gold Prices 9 / 7 / 2011

Gold is presently experiencing an awakening as an investment category. The monetary world is in the moment long in concerns but short in answers. We think that gold is certainly one of the right answers in occasions of chronic doubt.

It's stated that trust is really a delicate flower; as soon as destroyed, it'll not return effortlessly. We think that the trust lost in the previous years won't be regained any time quickly, and that the scenario will really nonetheless get worse. The Eurozone is experiencing a breaking test, and also the US dollar is gradually sacrificing its status as the top international currency. Visit http://silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.

The international expansion of monetary supply ought to continue to provide gold investments with a good atmosphere.

The reaction to the present crisis is currently feeding in to the next crisis. Attempting to resolve a crisis using the very exact same instruments that brought on it (i.e. an large monetary policy) would appear to be grabbing at straws. The driving energies of wealth are savings as well as investments, not spending and debt. The weak US dollar is really a logical result of the quantitative loosening, which from our perspective is just a euphemism for stamping cash.

Offered that the vast majority of debt has not been written off nor paid off but merely transferred, the issue of excessive debt is nonetheless waiting to become resolved. There continues to be no deleveraging, only a realignment of booking records from the private to the public arena. The quantitative easing has still left monetary balance short on credibility, and it'll be very challenging to remedy this scenario.

In this fragile atmosphere gold will still thrive. Today is really a great time to add gold to your investment portfolio thru buying gold coins or gold bullion bars. Visit http://www.silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.

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Saturday, April 23, 2011

Silver's Bull Market Summary

How hot is the silver market? In the past 14 months, the Silver to Gold Ratio has been cut in half!

Looking at Silver's 1969-2011's Bear's Eye View (BEV) Chart below, we see the history of silver from 1969 to present. From 1969 to 1980, the largest correction in the price of silver was just short of 40%. This is a big decline in the Dow Jones, but something to be expected in Silver. After 1980, silver crashed down 92% by 1992, and for the most part, stayed there for the next 12 years.
As this BEV Plot uses 17 January 1980 for its last all-time high, the March-October 2008 decline shows a loss of 25%. But that loss is in reference to Silver's last all-time high from 28 years before, where investors in 2008 actually saw a seven month loss of 58% ($20.69 to $8.79 Ouch!). Silver does that occasionally to those who buy it, or so it use to. Since May 2010, when Silver's BEV Plot broke above its 60% line, the largest correction in the price of silver (daily basis) has been less than 15% (January, 2011). Using a weekly closing basis (table below), silver has only corrected by 9.64%.


Also remarkable, silver has made a new 31-year high in 19 (61%) of its past 31 weekly closes!
The table below uses the Bear's Eye View (BEV Plot starting in late 1980, to eliminate the January 1980 highs) for gold and silver prices, with new highs (all-time for gold, and 31-year for silver) resulting in a Zero percentage, all weekly closing prices * not * a new high returns a negative percentage * from * its latest high.


The current phase in silver's bull market is extraordinary, driving silver up 106% in just 31 weeks. This is not happening in a vacuum! One day, we will all wake up to a new financial crisis, with the silver market getting coverage it has not seen since the Hunt Brothers crisis in January 1980.

50 Factors Launching Gold

Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. An historically unprecedented mess has been created by compromised central bankers and inept economic advisors, whose interference has irreversibly altered and damaged the world financial system, urgently pushed after the removed anchor of money to gold. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US Economy and US Federal Reserve monetary policy.
Edification is not the word that comes to mind when observing an interview with Larry Fink of Blackstone this morning on network financial news. It was inspirational if not humorous, and somewhat pathetic. Of course the interviewer treated him like royalty, when just a syndicate captain, a Made Man. As a cog within the US financial hierarchy, he was asked why Gold is approaching record price levels near $1500 per ounce. He gave his best 10-second answer, showing no depth of comprehension but an excellent grip of propaganda laced with simplistic distortion. He said, "GOLD IS RISING FROM ALL THE GLOBAL INSTABILITY, AND NOT FROM INFLATION AT ALL." Sounds good, but it lacks much reflection of the world of reality burdened by complexity and interconnectivity that the enlightened perceive. At least he did not babble about Gold being in an asset bubble. It cannot, since Gold is money. It is curious that all the analysts, bankers, fund managers, corporate chieftains who did not advise on Gold investment over the last ten years are precisely whom the financial network news appeals to for guidance in the current monster Gold bull run. They knew nothing before, and they know nothing now. The major US news networks carry the Obama water while the USCongressional members carry the USBanker robes and show respect with genuflection before the priests. But guys like Fink are their harlot squires. Poor Ben Bernanke, despite his high priest position, does not gather a fraction of respect that Alan Greenspan did even though Alan presided over the collapse. The wild card possibly later this year or 2012 will be a national movement to force mandatory wage gains, and thus avert a national economic collapse. The squeeze is on in a powerful manner to both businesses and households.
ANOTHER STRONG GOLD BREAKOUT
As long as Quantitative Easing programs are in place and actively pursued, Gold & Silver prices will soar. The programs are urged by exploding budget deficits and absent USTBond demand. That translates to a ruined USDollar currency. Gold & Silver respond to the debasement and ruin. Efforts will become ridiculously stretched to save the USDollar, but will fail. QE will go global and secretive, assuring tremendous additional gains in the Gold & Silver price. No effort to liquidate the big USbanks will occur, thus assuring the process will continue until systemic breakdown then failure. The more extraordinary the measures to save the embattled insolvent fraudulent USDollar, the more the Gold & Silver price will soar. It is that simple. Gold & Silver will soar as long as central banks continue to put monetary inflation machinery to work. They are attempting to provide artificial but coordinated USTreasury Bond demand. In the process their efforts will continue to push the cost structure up further. In my view, since the Japan natural disaster hit with financial fallout, the Global QE is very much in effect, but not recognized as a global phenomenon. It pushes up Gold in uniform fashion worldwide.



50 FACTORS POWERING THE GOLD BULL
  1. USFed is stuck at 0% for over two years and printing $1.7 trillion in Quantitative Easing, otherwise called monetary hyper inflation. They are not finished destroying both money and capital.
  2. USFed tripled its balance sheet, with over half of it bonds of exaggerated value, while it gobbled up toxic mortgage bonds as buyer of last resort. The mortgage bonds have turned worthless. The USFed waits for a housing revival to bail itself out, but it will not arrive.
  3. Debt monetization has gone haywire, as over 70% of USTBond sales from the USFed printing press. The QE was urgently needed, since legitimate buyers vanished. Even the primary dealers have been reimbursed in open market operations within a few weeks.
  4. PIMCO has shed its entire USTreasury Bond holdings, seeing no value. They joined many foreign creditors in an unannounced buyer boycott in disgusted reaction to QE which is essentially a compulsory unilateral debt writedown.
  5. Growing USGovt deficits have run over $1.5 trillion annually, with absent cuts, obscene entitlements, endless war. The prevailing short-term 0% interest rates are out of synch with exploding debt supply and rising price inflation.
  6. Unfunded USGovt liabilities total nearly $100 trillion for medicare, social security, pensions, and more. The obligations are never included in the official debt. It represents insult to injury within insolvency.
  7. Standard & Poors warned that USGovt could lose AAA rating in lousy credit outlook, one chance in three within the next two years. Ironically, the announcement came on the day when the USGovt exceeded its debt limit. The network news missed it.
  8. State & Municipal debt have collapsed, as 41 states have huge shortfalls, and four large states are broken. They might receive a federal bailout. It could be called QE3, maybe QE4.
  9. Coordinated USTBond purchases from Japanese sales have relieved the USFed, as other major central banks act as global monetarist agents. The sales by Japan are vast and growing. Witness the last phase in unwind of Yen Carry Trade, where 0% borrowed Japanese money funded the USTreasury Bonds and US Stocks.
  10. Quantitative Easing, a catch word for extreme monetary inflation and debt monetization, has become engrained into global central bank policy, soon hidden. It is so controversial and deadly to the global financial structures that it will go hidden, and attempt to avoid the furious anger in feedback by global leaders. This is the most important and powerful of all 50 factors in my view.
  11. The FedFunds Rate is stuck near 0%, yet the actual CPI is near 10%, for a real rate of interest of minus 9%. Historically a negative real rate of interest has been the primary fuel for a Gold bull. This time the fuel has been applied for a longer period of time, and a bigger negative real rate than ever.
  12. The USGovt claims to have 8000 tons of Gold in reserve, but it is all in Deep Storage, as in unmined ore bodies. The collateral for the USDollar and USTreasury debt is vacant. It is in raw form like in the Rocky Mountain range or Sierra Nevada range.
  13. Fast rising food prices, fast rising gasoline prices, and fast rising metals, coffee, sugar, and cotton serve as testament to broad price inflation. So far it has shown up on the cost structure. Either the business sector will vanish from a cost squeeze or pass on higher costs as end product and service price increases.
  14. The entire world seeks to protect wealth from the ravages of inflation & the American sponsored QE by buying Gold & Silver. The rest of the world can spot price inflation more effectively than the US population. The United States is subjected to the world's broadest and most pervasive propaganda in the industrialized world.
  15. The European sovereign debt breakdown with high bond yields in PIIGS nations points out the broken debt foundation to the monetary system. The solutions like with Greece in May 2010 were a sham, nothing but a bandaid and cup of elixir. Spain is next to experience major shocks that destabilize all of Europe again, this time much bigger than Greece. The Portuguese Govt debt rises toward 10% on the 10-year yield, while the Greek Govt debt has risen to reach 20% on the 2-year yield.
  16. Germany is pushing for Southern Europe bank climax in their Euro Central Bank rate hike. Europe will be pushed to crisis this year, orchestrated by the impatient and angry Germans. They have no more appetitive for $300 to $400 billion in annual welfare to the broken nations in Southern Europe.
  17. Isolation of the USFed and Bank of England and Bank of Japan has come. The small rate hike by the European Central Bank separated them finally. The Anglos with their Japanese lackeys are the only central banks not raising rates. With isolation comes all the earmarks on the path to the Third World.
  18. The shortage of gold is acute, as 51 million gold bars have been sold forward versus the 11 million held by the COMEX in inventory. Be sure that hundreds of millions of nonexistent fractionalized gold ounces are polluting the system. Word is getting out that the COMEX is empty of precious metals.
  19. Such extreme Silver shortage has befallen the COMEX that the corrupted metals exchange routinely offers cash settlement in silver with a 25% bonus if a non-disclosure agreement is signed. The practice cannot be kept under wraps, as some hedge funds push for fat returns in under two months holding positions with delivery demanded.
  20. China has begun grand initiatives to replace its precious metal stockpiles. They are pursuing the Yuan currency to become a global reserve currency. As they build collateral for the Yuan, they are also elevating Silver as reserves asset.
  21. A global shortage of Gold & Silver has been realized in national mint production. From the United States to Canada to Australia to Germany, shortages exist. Many interruptions will continue amidst the shortages, which feed the publicity.
  22. The Teddy Roosevelt stockpile of 6 billion Silver ounces was depleted in 2003. He saw the strategic importance of Silver for industrial and military applications. The USEconomy and USMilitary will turn into importers on the global market.
  23. The betrayal of China by USGovt in Gold & Silver leases is a story coming out slowly. The deal was cut in 1999, associated with Most Favored Nation granted to China. But the Wall Street firms broke the deal, betrayed the Chinese, and angered them into highly motivated action. No longer are the Chinese big steady USTBond buyers, part of the deal also.
  24. Every single US financial market has been undermined and corrupted from grotesque intervention, constant props, and fraudulent activity. The degradation has occurred under the watchful eyes of compromised regulators. Fraud like the Flash Crash and NYSE front running by Goldman Sachs is protected by the FBI henchmen.
  25. The USEconomy operates on a global credit card, enabling it to live beyond its means. The USGovt exploits the compulsory foreign extension of credit in USTBonds, by virtue of the USDollar acting as global reserve currency. Foreign nations are compelled to participate but that is changing.
  26. The USMilitary conducts endless war adventures for syndicate profits. They use the USTreasury Bond as a credit card. The wars cost of $1 billion per day is considered so sacred, that it is off the table in USGovt budget call negotiations, debates, and agreements
  27. Narcotics funds have proliferated under the USMilitary aegis. The vertically integrated narcotics industry is the primary plank of nation building in Afghanistan. The funds keep the big US banks alive from vast money laundering.
  28. No big US bank liquidations have occurred, despite their deep insolvency. Any restructure toward recovery would have the liquidations are the first step. The USEconomy is stuck in a deteriorating swamp since the Too Big To Fail mantra prevents the urgent but missing step.
  29. The unprosecuted multi-$trillion bond fraud over the last decade has harmed the US image, prestige, and leadership. The main perpetrators are the Wall Street bankers and their lieutenants appointed at Fannie Mae and elsewhere. They bankers most culpable remain in charge at the USDept Treasury and other key supporting posts like the FDIC, SEC, and CFTC.
  30. The ugly daughters Fannie Mae and AIG are forever entombed in the USGovt. They operate as black hole expenses whose fraud must be contained. The costs involved are in the $trillions, all hidden from view like the fraud. Fannie Mae remains the main clearinghouse for several $trillion fraud programs still in operation.
  31. The US banking system cannot serve as an effective credit engine dispenser, an important function within any modern economy. It is deeply insolvent, and growing more insolvent as the property market sinks lower in valuation. The banks lack reserves, and hide their condition by means of the FASB permission to use fraudulent accounting.
  32. The big US banks are beneficiary of continuous secret slush fund support from the USGovt and USFed. Their sources and replenishments have been gradually revealed. The TARP Fund event will go down in modern history as the greatest theft the world has ever seen, easily eclipsing the biggest mortgage bond fraud in history.
  33. The insolvent big US banks continue to sit at the USGovt teat. The vast umbilical cord of banker welfare has not gone away. Goldman Sachs still is in control of the funding machinery.
  34. The shadow banking system based upon credit derivatives keeps interest rates near 0%. The usury cost of money is artificially low near nothing. As money costs nothing, capital is actively and rapidly destroyed.
  35. A vast crime syndicate has taken control of the USGovt. A vast crime syndicate has taken control of the USMilitary. A vast crime syndicate has taken control of the USCongress. A vast crime syndicate has taken control of the US press networks.
  36. A chronic decline of the US housing sector keeps the USEconomy in a grand decline with constant deterioration. With one million bank owned homes in inventory, a huge unsold overhang of supply prevents any recovery of housing prices. Home equity continues to drain, and bank balance sheets continue to erode.
  37. Over 11 million US homes stand in negative equity. The sum equals to 23.1% of households. They will not participate much in the USEconomy, except when given handouts. They have become downtrodden.
  38. The USEconomy will not benefit from a export surge. The US industrial base has no critical mass after 30 years of dispatch to the Pacific Rim & China. The industry must contend with rising costs in offset to the falling USDollar, which is cited as providing the mythical benefit. Then can export in droves if they do so at a loss.
  39. A global revolt against the USDollar is in its third years. The global players work to avoid the US$ usage in trade settlement. Several bilateral swap facilities flourish, mostly with China. If China supplies products, then the Yuan currency will be elevated to global reserve currency.
  40. Global anger and resentment over three decades has spilled over. The World Bank and IMF have been routinely used by the US bankers to safeguard the USDollar and Anglo banker hegemony. Neither financial agency commands the respect of yesteryear.
  41. A middle phase has begun in a powerful Global Paradigm Shift. The transfer moves power East where the wealth engines of industry lie, far from the fraudulent banking centers. The next decade will feature the Chinese as bankers, since their war chest contains over $3 trillion.
  42. The crumbling global monetary system was built on toxic sovereign debt. Legal tender has been nothing more than denominated debt posing as legitimate by legal decree. That is what word FIAT means. The system is gradually breaking in an irreversible manner.
  43. The global central bank franchise system has been discredited. It is a failure, which is not recognized by the bank leaders still in charge. The stepwise process of ruin continues with a new sector falling every few months. Next might be municipal bonds.
  44. Witness the final phase of a systemic cycle, as the monetary system has run its course. It is saturated with debt from faulty design. The deception cited in the mainstream media focuses upon the credit cycle which will renew. It will not. It will break of its own weight and lost confidence.
  45. The recognition has grown substantially that suppression of the Gold price has been the anchor holding fiat system together. The Chinese realize that Gold, when removed, leads to the collapse of the US financial system. They realize it more than the US public. But the syndicate in control of the USGovt understands the concept very well, as they designed the system.
  46. The institution of a high level global barter system might soon take root. Gold will sit at its central core, providing stability. No deadbeat nations will participate. That includes the United States and several European nations. The barter system will be as effective as elegant.
  47. The movements spread like wildfire in several US states to reinstitute gold as money. In a few states, led by Utah and Virginia, progress has been made for Gold to satisfy debts, public & private. Consider the movement to be in parallel to the Tenth Amendment movements.
  48. Anglo bankers have lost control in global banking politics. The phased out G-7 Meeting is evidence. China has wrested control of G-20 Meeting, and has dictated much of its agenda in the last few meetings. The US has been reduced to a diminutive Bernanke and Geithner being ignored in the corner.
  49. New loud stirrings by Saudi Arabia seek a new security protector. If security is no longer provided by the USMilitary, then the entire defacto Petro-Dollar standard is put at risk. Remove the crude oil sales in USDollars exclusively, and the US sinks into the Third World with a USDollar currency that cannot stand on its own wretched wrecked fundamentals.
  50. The IMF solution to use SDR basket as global reserve is a final desperate ploy. By fashioning a basket of major currencies in a basket, they attempt to enforce a price fixing regime. It is a hidden FOREX currency exchange rate price fixing gambit that will invite a Gold price advance in uniform manner across the currencies bound together. This ploy is being planned in order to prevent the USDollar from dying a horrible death at the expense of the other major currencies. By that is meant at the expense of the other major economies which would otherwise have to operate at very high exchange rates.
THE BIGGEST UPCOMING NEW FACTORS
Introduction of a New Nordic Euro currency is near its introduction. The implementation with a Gold component will send Southern European banks into the abyss, marred by default. The new currency has the support from Russia and China, even the Persian Gulf. In my view, it is a USDollar killer. The first nations to institute a new monetary system for banks and commerce will be the survivors. The rest will slide into the darkness of the Third World.

Gold & Silver seem to be the only assets rising in price, an extension of a terrific 2010 decade. The exceptions are farmland and the US Stock market. However, stock valuations are propped by constant and admitted USGovt support. Their efforts are mere attempts to keep pace with the USDollar decline, as stocks merely maintain a constant purchase power.
A hidden overarching hand seeks the global Gold Standard as the bonafide solution. Darwin is at work, but Adam Smith turns a new chapter. The crumbling monetary solution demands a solution. Further investment in the current system assures a devastating decline into the abyss of insolvency and ruin.

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.
From subscribers and readers:
At least 30 recently on correct forecasts regarding the bailout parade, numerous nationalization deals such as for Fannie Mae and the grand Mortgage Rescue.

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