Jim Rickards has timed his new blockbuster perfectly for the recent explosive move in the Gold market reflecting the crisis in the world financial system. "Gold is not investment - it is money. Nothing is fixed after 2008: "Too Big To Fail are just Bigger". Two brilliant minds: Jim Puplava and Jim Rickards discuss in depth the financial system, FED and the coming monetary crisis. This is the best presentation of The New Case For Gold.
Jim welcomes Jim Rickards to discuss his new book: The New Case for Gold. Through his depth of experience and sound analysis, Rickards offers a thought-provoking and compelling case for gold in today’s turbulent world. He takes on six popular arguments against holding gold and shows that none of them hold up to analysis and scrutiny. Rickards also looks at gold from a historical basis and notes that even legendary economist John Maynard Keynes favored gold at many times throughout his long career. James Rickards is Chief Global Strategist of West Shore Funds, where he focuses primarily on alternative investing, macroeconomic trends and global currency & monetary policy."
"As gold prices build on Wednesday’s sharp rise, Gary Wagner checks in on this edition of Chart This! to see if there’s any substance for a sustained gold price rally. Without question, Wagner believes that gold must close above $1,200 Friday for there to be any hope of a sustained rally. He adds that while gold price fluctuations are linked to U.S. economic data performance, he adds that there is also a currency-based aspect involved. “[W]e pair gold against currencies and we’ve seen that the tremendous rise in the dollar put so much pressure on gold – now we’re seeing the dollar falling,” he says. “I think the big story here right now is the euro/dollar because [it's] been so excessively strong. We need to see if it can keep that.” Tune in now to see what the charts are telling Gary this week. Kitco News. May 14, 2015."
After disastrous GDP number of 0.2% growth with deflator at - 0.1% US Dollar has finally given up and slides to 95.00 level. 96.24 was crossed yesterday and now we have the confirmation of the US Dollar Double Top Reversal. Gold is still sleeping and cannot believe its luck, somebody has to make a call … Gold could be manipulated all day long, but US Dollar will be very difficult to put back on the parabolic move. Now it is apparent that economy in US is nowhere near to the robust growth after unprecedented historical monetary expansion. What will be coming next? Nobody knows, but short squeeze in Gold and Silver will be very nice to have for a change. Party starts after $1,225, but the real fireworks will come after $1,316.
After today's huge miss on The Jobs Report the parabolic move in US Dollar is officially over. With crashing dollar commodities should finally find the bottom. Gold is already printing very strong Double Bottom Reversal, confirming what we had discussed before. Move above $1,310 will bring all the fun back now. Good Friday to everybody who is not short Gold or Euro … Monday will be interesting with Record Short position in Gold.
"This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
"While the April payrolls came almost precisely as expected, at 223K, a tiny 5K below the 228K expected, the reason stock are soaring is that the already abysmal March payroll prints was revised even lower to just 85,000, the weakest print since June 2012, and pushing the 3 month average job gain to under 200K, or a level which the Fed has indicated previously it will hardly do much if anything material. The household survey did not provide an offsetting boost, with the number of employed Americans rising only 192,000 in April according to the "other" survey.
And, as a result and as we noted in our market wrap today, with a June hike now looking unlikely, the S&P has exploded higher. ZeroHedge."
After disastrous GDP number of 0.2% growth with deflator at - 0.1% US Dollar has finally given up and slides to 95.00 level. 96.24 was crossed yesterday and now we have the confirmation of the US Dollar Double Top Reversal. Gold is still sleeping and cannot believe its luck, somebody has to make a call … Gold could be manipulated all day long, but US Dollar will be very difficult to put back on the parabolic move. Now it is apparent that economy in US is nowhere near to the robust growth after unprecedented historical monetary expansion. What will be coming next? Nobody knows, but short squeeze in Gold and Silver will be very nice to have for a change. Party starts after $1,225, but the real fireworks will come after $1,316.
After today's huge miss on The Jobs Report the parabolic move in US Dollar is officially over. With crashing dollar commodities should finally find the bottom. Gold is already printing very strong Double Bottom Reversal, confirming what we had discussed before. Move above $1,310 will bring all the fun back now. Good Friday to everybody who is not short Gold or Euro … Monday will be interesting with Record Short position in Gold.
"This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
Jim Rickards is being right so far about the economy. Today's ADP report is bad and US Dollar is sliding below 94.00 after confirmation of the Double Top Reversal. Gold is still sleeping below $1,200, but even Janet Ellen has said today "Equity Valuations Are Quite High" during the Q&A at IMF. This situation can change on a dime at any moment.
After disastrous GDP number of 0.2% growth with deflator at - 0.1% US Dollar has finally given up and slides to 95.00 level. 96.24 was crossed yesterday and now we have the confirmation of the US Dollar Double Top Reversal. Gold is still sleeping and cannot believe its luck, somebody has to make a call … Gold could be manipulated all day long, but US Dollar will be very difficult to put back on the parabolic move. Now it is apparent that economy in US is nowhere near to the robust growth after unprecedented historical monetary expansion. What will be coming next? Nobody knows, but short squeeze in Gold and Silver will be very nice to have for a change. Party starts after $1,225, but the real fireworks will come after $1,316.
After today's huge miss on The Jobs Report the parabolic move in US Dollar is officially over. With crashing dollar commodities should finally find the bottom. Gold is already printing very strong Double Bottom Reversal, confirming what we had discussed before. Move above $1,310 will bring all the fun back now. Good Friday to everybody who is not short Gold or Euro … Monday will be interesting with Record Short position in Gold.
"This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
No, it is not Jim Rickards or Peter Schiff speaking. This is the new voice of Greece. Announced QE by the ECB only confirms what Varoufakis was talking about two years ago. The drift towards China and Russia can be the inevitable one for Greece now. It will have the very far reaching implications.
Confused FED, 18 Trillion dollars in debt and All-Time-High markets - it is going to be interesting. FED has already scaled back the rate hike expectations and US Dollar was sliding down from 100.00 level this week.
"This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
Confused FED, 18 Trillion dollars in debt and All-Time-High markets - it is going to be interesting. FED has already scaled back the rate hike expectations and US Dollar was sliding down from 100.00 level this week.
"This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."
"This video is from September 2014 - Jim Rickards explains in depth the Gold manipulation techniques. Can someone send it to DOJ now? It will be the total embarrassment if they will not find any criminal activity now. Read more."
How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. Read more."
"Gold Stock Analysts' keynote speaker is Jim Grant and Kitco News sits with the interest rate guru himself to see how he sees central bankers affecting gold prices this year. "My hunch is that [the Fed] will be very slow to raise its rate," he says, adding that it will prove to be difficult for the central bank this year. "I think central banks are mainly marching to the same beat of the same drummer. The drummer is of radical intervention," he says. Looking to gold prices, Grant says he is frustrated because he sees "clearly why gold ought to be doing better." He says he can't imagine how anyone can have confidence in the current doctrines of central bankers. "It seems to me that the world will eventually see that these policies are non-starters, or if they are starting they won't end well...that for me is a simple case for gold." Kitco News, February 23, 2015."
We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction. This investigation should bring the new dynamic to the Gold market now. Read more."
"Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."
This video is from September 2014 - Jim Rickards explains in depth the Gold manipulation techniques. Can someone send it to DOJ now? It will be the total embarrassment if they will not find any criminal activity now.
How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. Read more."
We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction. This investigation should bring the new dynamic to the Gold market now. Read more."
"Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."
With companies like Tesla Motors and Apple, America still has its chance despite all the unfolding financial mess and mounting debt. But when this technological advance will be fully embraced?
"America owes $6 trillion to China, our sprawling military complex often appears helpless against disparate threats abroad, and the War on Terror has stripped us of the moral high ground. Washington is paralyzed by bitter partisanship, our children are falling behind their international peers, and our middle class is no longer the world's most affluent. But we've been warned about America's decline before. Remember Sputnik? Yes, times are tough, but America is recovering from the Great Recession faster than any other advanced country, an energy boom could add billions to the GDP, we're still a leader in technological innovation, and our military strength and geopolitical advantages remain unrivaled. Are our best days behind us, or should the world still bet on America?"
"We have more reports on Apple iCar and I do hope that Tim Cook will go for it this time and make his name the history as well. At International Lithium we are getting ready for this mass market EV rEvolution. Apple can bring it so much faster now. You can find more research on the Apple iCar on the links below. Read more."
Plunging commodities and rising US Dollar are signalling deflation, will ECB QE save the world with Chinese stimulus now? Can FED really raise the rates in this situation? Yesterday's run on Gold could show us the things to come. FED Open Mouth Committee can start to talk the US Dollar down now. Euro is weak enough already to hurt US corporations earnings. Triple blow from killed Shale Oil, slowing export and going down earnings from overseas will put FED in the corner. Strong dollar means deflation - the very thing they are fighting against now. Once dollar will reverse its parabolic rise we can have our day with gold. Gold above $1,350 will bring this story back on the mainstream investors' radar screens.
Oil is the wild card played last year on the backdrop of all Currency Wars. Now the Shale Oil related financing could bring the shock to the whole financial system again.
"Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.
We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?"
