FTSE 100: More Pain Ahead

The FTSE 100 (FXCM: UK100) has now breached its January 26 low of 5767 and is expected to drift to the January 21 low of 5660 over the coming days ahead.

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US Dollar Double Top, Gold Prospects Brightening Rapidly

For the 1st time in years, everything is in place for a major bullmarket phase to get underway in gold and silver. There are two big reasons for this. One is that the dollar is looking set to drop – and has started to already. The other reason, which is of course related, is that those in power look set to attempt to loosen the intensifying deflationary stranglehold on the world economy by unleashing a global QE blitz that could dwarf anything that has come before, and will end in hyperinflation. Egon Von Greyerz talks about this in an article on King World News entitled Legend Warns Global Panic Is Coming. Don’t be put off by the lurid, blood-curdling presentation – I believe that what Von Greyerz writes makes perfect sense, and his gold bullion service outside of the banking system sounds like an attractive option – remember that “What’s yours is theirs”, so if it is inside the banking system they will simply appropriate (steal) it, if it suits them, when the time is right. Note that I have no association with Von Greyerz or KWN and no incentive for mentioning all this.
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How to stop the Depression

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February Seasonality Gives US Dollar Rebound Hope Next Few Weeks

February has typically been one of the better months of the year for the US Dollar. The greenback has its work cut out ahead of it after a weak start to the second month of 2016.

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Gold and Silver Cup and Handle – How Sweet It Is

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Those who can both be right and sit tight are uncommon. I found it one of the hardest things to learn.” Jesse Livermore
I had such a feeling that these jokers were going get stuffed on the usual Non-Farm Payrolls precious metals hit. And I may have had some modest wagers in that direction from this morning.
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Is the Gold Price Manipulated? Part I

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NZD/USD Technical Analysis: Rejected at Critical Resistance

The New Zealand Dollar recoiled from resistance capping gains against its US namesake since early July 2014, producing the largest one-day drop in five months.
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David Cameron Humiliated in Poland Over Refusal to Stop Taking UK Benefits, BrExit or Super State?

The British Prime Minister, David Cameron within days of waving a white piece of paper ‘Chamberlain’ style received form the EU’s Donald Tusk, has since been busy trying to put up a propaganda smoke screen of success of negotiations for the British public to swallow in the run up the UK’s EU Freedom Referendum, literally seen begging Eastern European states to play a long with the charade so as to hood wink the British people into giving up their very final chance of attaining freedom from the emerging EU super state.
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Shanghai Gold Exchange Withdrawals For January 2016 Total 225.8 Tonnes

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Chinese Counterfeiter Strikes a Fake Silver Coin

A worker in a Chinese fake coin minting operation feeds a planchet into the coin press to strike a fake silver dollar. View full post on About.com Coins: What’s Hot Now

AUD/USD Technical Analysis: Aussie Drops Most in Six Months

The Australian Dollar plunged following the release of January’s US employment data, issuing the largest daily drop in six months against its US namesake.

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Report: Leo’s fans melt gold, silver for makeshift Oscar – USA TODAY


USA TODAY
Report: Leo's fans melt gold, silver for makeshift Oscar
USA TODAY
What in the world? Is it true? According to reports, Leonardo DiCaprio's fans in Siberia — in its region of Yakutia — are contributing their precious metals to be melted and used to form a substitute Oscar if The Revenant actor does not receive one

and more »

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Western Double Standards on North Korea

North Korean military related activities are solely for self-defense – given longstanding US-led Western hostility and forced isolation.

Provocative US-led NATO military activities are far more extensive and menacing, preparing for premeditated wars alliance members frequently wage.
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INDICATORS SHOW: Collapse Of The Paper Gold & Silver Market May Be Close At Hand

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China Foreign Reserves Fall to Lowest Since May 2012

The People’s Bank of China reported that foreign reserves fell to their lowest mark since May 2012, highlighting the government’s effort to offset capital flight and slow the Yuan’s depreciation

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