In response to the spike in volatility, CME Group (CME) says it's raising collateral requirements for trading in benchmark gold, silver and other precious metals futures contracts, effective at the close of business Tuesday. Margins to trade Comex 100-troy ounce gold futures will be increased by 19%, silver will increase 18%, palladium 14% and platinum by 19%. Natural-gas futures will also increase 5.6% as well. [View news story]
Now the Centrals will contract for the mega amounts of bullion they want and need.We will have to track Dubai over the next few months and see the amounts !
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Hi White, I am on their email list ! Yes,but, try finding the stats on SDR8s.. There very hush hush an used for M/E an BRICS an not published since DSK
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Felix Salmon is farm raised Salmon.If he was a wild salmon he'd be more savvy !
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Land amigo ! Better yet land with water as water is the real oil/gold star !
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Yes, and then the BRICS an other will attack even more & viola..The Reserve will be dropped ! And,as Sec J Baker 111 did say ! We are Greece !
Central Banksters ALL ( or all except the US & now Cyprus) wanted bullion as they see what is on the near horizon ! BRICS have there clearing bank and China prods along signing swap agreements ! And, the IMF is using more an more SDR 8s..
Does Felix rub his Fed Ben doll and then write or does he sleep with a Krugman teddy ?
Marc Faber On Gold, Deflation And Corporate Profits [View article]
How timely was Dr Mark's opining ! Gold is in free fall ! Silver too ! See how many ppl called him a crack pot on SA's last Faber current ? A lot. The last laugh is always the best !
A number of reasons have been given for gold's (GLD) sudden free-fall, chief among them the ECB's pressurization of Cyprus' central bank to sell its gold reserves to help pay for the country's bailout. That has raised expectations that other distressed eurozone members might be forced to sell gold as well. Other factors include bearish forecasts such as from Goldman Sachs, the slow improvement in the U.S. economy, and the perception that gold is no longer needed as a safe haven. Gold -4.1% and silver -7.4%. [View news story]
Well, doesn't this play into the Central Bank(s) plans perfectly ! All but one were buying ! Now if Cyprus must sell an be an example for other troubled countries..
This stinks to the high heavens ! The ECB knows exactly what G20 Central Banks are doing !!!!!
How nice for the Central Banks to obtain there bullion at basement prices.. They are planning for a major event ! MAJOR ! Hmmmm what can that be !?
Watch the money as follow the money is the key to financial life and I see the BRICS leading the way ! They stopped using the USD years back and recdently set up there own shadow bank !
This allows them to service many other countries without using the USD.. And, China is seeing their YUAN climb despite their efforts to stop it. They are setting up offshore exchanges to handle the 24 swap agreements they have signed..They also have forced the IMF to use SDR 8s in bulk over the SDR 4s.
Sec Geitner told us that the oral agreement he had with the IMF an other cartels was 20 years ! Not going to happen. China an other BRICS have invested more in private US paper and are getting ready !
Most all Central Banks look out 5 years and what a wonderful chance to grab as much gold bullion at a great price an be ready for an event as gigantic as a Reserve drop ! tic tic tic
The Founding Fathers knew that democracy was just as bad as the monarchy ! The beauty of the USA was the "Republic" ! They new many wouldn't nor shouldn't vote !
That's what the Reps were for.And, even as important was State's could select there Senators. That was the key for the small States.. Gone now ! Sad that 30 Republican Governor's have only 44 Senators. Look at the horror the US has been subjected too because Senators can screw there own State for political loyalty !
Now with most of the checks an balances gone and Senators elected instead of selected the Republic is lost. A plain old horrific democracy has emerged ! Aka MOB RULE and the ignorant surly out numbers the enlightened. That's why the poor in the cities will always remain on the Dem's payroll..
Worst of all is the 4th check an balance! The public news ! Boy has liberalism infected that branch and lies equal truth ! Disgusting ! Good luck yawls.. I left !
FED Ben has helped the market and it was started under BUSH with the SECRET traunch of trillions to almost every major company an many Gov's all around the world. The amount was greater than TARP Stimulus QE 1/2/3 And Twist 1/2 & un~end..That turned the world back up ! Truth was Obama fiddled all 4 years and hurt the recovery ! He did NADA !
Funny, Bush saved GM and Obama's $s got there after Supreme Court ruling & those dollars are used to expand Mexico and blowout the size of China's plants.. Greatest shipping of US jobs in history ! Can you scream OUTSOURCE ! Go GOOG GM's China CEO an here him tell of the day when China will make all GM cars an US plants sold ! *>)
In 5 years you'll see the devastation of the HCA and by Feb 2014 you'll see the horrific job losses and more destruction of wealth in the USA.. You get what you voted for and as Putin said ! "The ignorant gave Obama a second term " Boy did he nail that quote !
Wow, that's a big increase..Sorry.. I do hope larger bags were not that high >That dam commission is the killer if your an actual trader.But, 10 ounce bars are a safe way to buy !
You might find the kit on EBAY to make your own 1 ounce bars..:>)
Thanks Randle... As I talked on SA all last week >> I put out a call to all pawn shops & offer spot.. Bought 1570 ounces between 26.80 an 26.15.. Hope to buy 100,000 ounces..
Don't live in the USA any more,but, I think US silver coins are about the best way to own silver. If bad days do come there legal tender in 5 US States an more would quickly accept them.. Last time I bough I used gainsvillecoin.com as there were no size limits and 8 cents over spot.. Never saw that beat !
I don't thing the author cherry picked. I think he just is clueless and did a piece on the mail service business and left out 99% of what PBI does now !
And a PE of 6.9 with growing earnings and great cost reductions seems like the place anyone wants to be. & 2.5% /1/4 while you wait.. I'm in big !
@Randle, agree on years to double,but, industrial use in cars an phones is near highs.. Don't think it's choke over supplied as you say,but, this is the area real silver buyers can start !
And yes, it's always been "poor mans gold " and at current prices it will be bought by the poor man buyers in much bigger amounts then gold.Gold is still high for the masses..
Just my 2 shekels ! And, try buying a shekel ! They have not dropped in price.There priceless !
In response to the spike in volatility, CME Group (CME) says it's raising collateral requirements for trading in benchmark gold, silver and other precious metals futures contracts, effective at the close of business Tuesday. Margins to trade Comex 100-troy ounce gold futures will be increased by 19%, silver will increase 18%, palladium 14% and platinum by 19%. Natural-gas futures will also increase 5.6% as well. [View news story]
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. [View news story]
Central Banksters ALL ( or all except the US & now Cyprus) wanted bullion as they see what is on the near horizon ! BRICS have there clearing bank and China prods along signing swap agreements ! And, the IMF is using more an more SDR 8s..
Does Felix rub his Fed Ben doll and then write or does he sleep with a Krugman teddy ?
Microsoft's 'Secret' Projects That Will Completely Rock Your World [View article]
LOST SHARE PRICE DECADE.
When will we see the middle 40s when Mutuals went all in >
Microsoft's 'Secret' Projects That Will Completely Rock Your World [View article]
Marc Faber On Gold, Deflation And Corporate Profits [View article]
See how many ppl called him a crack pot on SA's last Faber current ?
A lot. The last laugh is always the best !
A number of reasons have been given for gold's (GLD) sudden free-fall, chief among them the ECB's pressurization of Cyprus' central bank to sell its gold reserves to help pay for the country's bailout. That has raised expectations that other distressed eurozone members might be forced to sell gold as well. Other factors include bearish forecasts such as from Goldman Sachs, the slow improvement in the U.S. economy, and the perception that gold is no longer needed as a safe haven. Gold -4.1% and silver -7.4%. [View news story]
This stinks to the high heavens ! The ECB knows exactly what G20 Central Banks are doing !!!!!
How nice for the Central Banks to obtain there bullion at basement prices.. They are planning for a major event ! MAJOR ! Hmmmm what can that be !?
Watch the money as follow the money is the key to financial life and I see the BRICS leading the way ! They stopped using the USD years back and recdently set up there own shadow bank !
This allows them to service many other countries without using the USD.. And, China is seeing their YUAN climb despite their efforts to stop it. They are setting up offshore exchanges to handle the 24 swap agreements they have signed..They also have forced the IMF to use SDR 8s in bulk over the SDR 4s.
Sec Geitner told us that the oral agreement he had with the IMF an other cartels was 20 years ! Not going to happen. China an other BRICS have invested more in private US paper and are getting ready !
Most all Central Banks look out 5 years and what a wonderful chance to grab as much gold bullion at a great price an be ready for an event as gigantic as a Reserve drop ! tic tic tic
5 years tips if Fed Ben doesn't stop
March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected. [View news story]
That's what the Reps were for.And, even as important was State's could select there Senators. That was the key for the small States.. Gone now ! Sad that 30 Republican Governor's have only 44 Senators. Look at the horror the US has been subjected too because Senators can screw there own State for political loyalty !
Now with most of the checks an balances gone and Senators elected instead of selected the Republic is lost. A plain old horrific democracy has emerged ! Aka MOB RULE and the ignorant surly out numbers the enlightened. That's why the poor in the cities will always remain on the Dem's payroll..
Worst of all is the 4th check an balance! The public news ! Boy has liberalism infected that branch and lies equal truth ! Disgusting ! Good luck yawls.. I left !
March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected. [View news story]
Funny, Bush saved GM and Obama's $s got there after Supreme Court ruling & those dollars are used to expand Mexico and blowout the size of China's plants.. Greatest shipping of US jobs in history ! Can you scream OUTSOURCE ! Go GOOG GM's China CEO an here him tell of the day when China will make all GM cars an US plants sold ! *>)
In 5 years you'll see the devastation of the HCA and by Feb 2014 you'll see the horrific job losses and more destruction of wealth in the USA.. You get what you voted for and as Putin said ! "The ignorant gave Obama a second term " Boy did he nail that quote !
Are You A Scared Silver Investor? [View article]
You might find the kit on EBAY to make your own 1 ounce bars..:>)
Are You A Scared Silver Investor? [View article]
Don't live in the USA any more,but, I think US silver coins are about the best way to own silver. If bad days do come there legal tender in 5 US States an more would quickly accept them..
Last time I bough I used gainsvillecoin.com as there were no size limits and 8 cents over spot.. Never saw that beat !
Happy Sunday sir.......... pura vida
Pitney Bowes - Avoid This Dividend Siren [View article]
http://bit.ly/17wQMPt
I don't thing the author cherry picked. I think he just is clueless and did a piece on the mail service business and left out 99% of what PBI does now !
And a PE of 6.9 with growing earnings and great cost reductions seems like the place anyone wants to be. & 2.5% /1/4 while you wait.. I'm in big !
Are You A Scared Silver Investor? [View article]
And yes, it's always been "poor mans gold " and at current prices it will be bought by the poor man buyers in much bigger amounts then gold.Gold is still high for the masses..
Just my 2 shekels ! And, try buying a shekel ! They have not dropped in price.There priceless !