text:
Issue 136
Gold: $1770.500/ Silver: $34.68
SGS Notes: Well, it's been another eventful week... if you had been watching silver prices this week, you would have seen the roller coaster we all experienced. I rarely write the SGS Newsletter main article(s), preferring to allow the 'experts' to speak since they can do it far better than I. However, I'd like to provide the following commentary to try to explain in simple terms what we saw happen this week, and some of the implications, taking information from the variety of sources I peruse daily.
Silver Market Roller Coaster & QE∞
Monday 10th - Our week started out with silver spot at $33.69 as the market opened Sunday evening, and Monday was pretty uneventful closing at $33.51.... the calm before the storm.
"Everything going on these days behind the scenes is interconnected to the take down of the 'Bad Guys'. From the US elections to the European situation to the silver market volatility - it's all interconnected. It is all an orchestrated play that is coming to it's climax. OUR TIME is approaching fast and this go-round there is no stopping what is to come." Bix Weir 9/10
(See 'The Planned Silver End Game' at right)
Tuesday the 11th Monday was followed by a volatile day on Tuesday the 12th. Prices fluctuated all day in a $.40 range... and finally cloased the day at $33.62.
Tension is mounting as the world awaits the speech & anticipated announcement by Ben Bernanke on Thursday.
Wednesday, the 12th all is still fairly quiet when WHAM! around 10:30 a.m. EDT, we have an abrupt downturn of $1.
If there was any doubt in your mind about the silver market manipulation, this week's activity should lay it to rest.
Wednesday's smackdown by the manipulators is on record for all to see. How does a naturally occurring market make a instantaneous drop of almost $2.00, then rise $1 within the hour ???
So what was happening?
One of the favorite tools of the manipulators is to do a quick massive sell-off, which triggers the stop-losses of other investors and floods the market, thereby causing a sharp downturn in price. At the bottom of the downturn, they use the same money to buy up more positions before equilibrium returns. When you are dealing with millions of shares, $1 in price can make a big difference.
Remember we've been hearing how JP Morgan (primary culprit - there are others) holds a massive naked short position in silver derivatives.
Wednesday, I got this from Bix,
" Just a heads up about the Fed announcement tomorrow...
I don't know what that backfire will be but in the Road to Roota Theory the Fed will have to be blamed for the global monetary meltdown. It may be the announcement of some form of QE3 as that would be something that is very visible.
Whatever comes from the announcement watch for the global meltdown to increase in speed over the weeks following."
" Just a heads up about the Fed announcement tomorrow...
I don't know what that backfire will be but in the Road to Roota Theory the Fed will have to be blamed for the global monetary meltdown. It may be the announcement of some form of QE3 as that would be something that is very visible.
Whatever comes from the announcement watch for the global meltdown to increase in speed over the weeks following."
Thursday, the 13th
Bernanke announces QE to infinity...
Bix's comments:
"No limits. No end date. This is QE to INFINITY!
Make no mistake...this is all on purpose. This is the END GAME and the blame for the global meltdown will be placed, rightfully, on the shoulders of the Federal Reserve.
Basically, the Fed has chosen to FALL ON IT'S OWN SWORD!
The Gold and Silver move upward has caught all the shorts off guard. The Bad Guys are in deep, deep trouble as they took their cues from the likes of Jeffrey Christian and Jon Nadler who were advising EVERYONE to short gold and silver. Now it gets exciting!"
Silver had a small drop right before the announcement, then a huge leap of $2.00 where it broke through the $34 ceiling almost reached $35 before dropping off a bit, and continued on almost flatlining throughout Friday.
What was the final outcome of the week? Check out this week's COT Report (at right).
"Clearly, the commercials were preparing for a massive raid on Thursday, until Bernanke dropped their pants by announcing QE∞." Watch for the upside in silver in coming weeks ahead.
Bix Weir is looking for a major CFTC announcement this month on the imposition of position limits, the beginning of the derivative implosion, followed by a silver 'moon shot' in October.
Other Articles
The PLANNED Silver End Game
Bix Weir
Silver COT Report
German Court Caves to Euro-Zone Hyperinflation
Jeff Nielson
Bernanke Defends Unlimited QE, as Market Goes Wild
Business Insider
FED Press Release
Ron Paul is Right; the FED and Lunatics that run it is the heart of the problem
Where Does Money Come From?
China Launching Gold-Backed Worldwide Currency
Judge says $80M Gold Coins belong to the Government
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John Williams (Shadowstats)
Sell-Off in Dollar Should Evolve into Hyperinflation
We're Minting
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Gold: $1681.80/ Silver: $31.26
SGS Notes: You may have guessed by now that one of my favorite commentators is Jeff Nielson, Senior Precious Metals Analyst for BullionBulls Canada. I'm featuring several of his articles this week because he has always been so 'spot on' with regard to this market…and I love how well he is able to articulate these concepts so that anybody can understand without having their eyes gloss over!
How Your Bank Account Could Disappear
Jeff Nielson
On the same morning we hear that ¼ of Wall Street executives think that fraud is a necessary part of "doing business" in the financial sector, we hear of a second "MF Global". The U.S.'s so-called regulators are now reporting that somewhere around $220 million in customer funds is "missing" at a financial institution known as PFGBest; once again closing the barn door after all the cows have run off.
With at least one out of every four bankers at U.S. Big Banks (that's how many admitted to being crooks in the survey) thinking that stealing is part of their job descriptions, it's very important for people to realize how little protection there now is between these thieves and your bank accounts. Based on the writing of a number of other individuals with more expertise in these markets, it is apparently an inherently fraudulent banking process known as "rehypothecation" which is allowing the mass-plundering of accounts at U.S. financial institutions, with other Western financial regulatory authorities also rubber-stamping this relatively new form of bankster crime.
Rehypothecation is a heinous practice permitted by the pretend-regulators of Western markets, where financial institutions are allowed to pledge their clients' funds as collateral to cover their own gambling debts. I say "inherently fraudulent" since few of the clients of these financial institutions would ever knowingly enter into contracts with these gambling-addicts where their cash could be used to cover their bankers' gambling debts.
Instead, what is happening here is that the rehypothecation clauses are being buried in the "small print" of these contracts and (obviously) never properly explained to these clients: seemingly textbook fraudulent misrepresentation. The only "advantage" to a client into entering into such a contract is a slight reduction in fees, or slightly improved interest rate - certainly not near enough to entice people into risking some near-100% loss insuring someone else's gambling debts.
So we have our "regulators" (i.e. the only protectors of our funds in the hands of these admitted thieves) giving these fraud-factories the green light to enter into these inherently fraudulent contracts, putting any/all funds of these clients in permanent jeopardy. Thus it's important to outline how this could happen with ordinary bank accounts.
First it must be noted that the Corporate Media (loyal friends of the Big Banks) are referring to this as a "brokerage" problem. Understand that a brokerage is nothing but a legal "bookie", an entity which takes (and makes) bets, and which must hold the funds of its "customers" in order to do business. Apparently the principal difference now between a "legal" bookie and an "illegal" bookie is that an illegal bookie is much less likely to use his customers' funds to cover his own bad bets.
What people must also understand is that the world's biggest bookies, indeed, the biggest bookies in the history of the world are the Big Banks themselves (specifically U.S. Big Banks). Most of their gambling is done in their own, rigged casino: the $1.5 quadrillion derivatives market.
Note that you won't see that number quoted by the Corporate Media (any longer). As concern about the size of the bankers' mountain of bets grew; the bankers asked the Master Bookie - the Bank for International Settlements - to change the "definition" of this market, and instantly the derivatives market shrunk to 1/3rd its former size.
As many know, the BIS is known as "the central bank for central banks". What a smaller number of people know is that this is the world's great money-laundering vehicle, an entity created just before World War II specifically to allow Western industrialists to continue to do a vast amount of business with Adolph Hitler. In other words, it's not exactly a reliable source for information. So I choose to use the same numbers that the banksters previously used themselves, before they started getting defensive about the insane amounts of their gambling.
We are being led to believe by the Corporate Media (another unreliable source) that this problem is only a risk for all individuals with "brokerage" accounts, however as we piece together all the pieces of the puzzle (already revealed) this is what we see before us:
1) Our banking regulators knowingly allow financial institutions to engage in recklessly misleading (if not outright fraudulent) contracts with their clients, through the use of complex "small print" in their account contracts with clients.
2) The three largest U.S. "banks" by deposit (JP Morgan, Bank of America, Citigroup) have made bets in their own rigged casino, which total well in excess of $100 trillion, an amount which completely dwarfs their total, combined deposits (and assets).
3) A large portion of those bets occur in the $60+ trillion credit default swap market. Pay-outs in these markets can (and do) exceed 300 times the amount of the original bet. It is bets in this market which "blew up" AIG, requiring more than $150 billion in immediate government aid.
4) Following the Crash of '08; these same banks mooched a package of hand-outs, tax-breaks and "guarantees" (i.e. future hand-outs) from the Bush regime in excess of $15 trillion, the last time their gambling debts went bad on them - and all of these banks have been allowed to dramatically increase the total amount of their gambling since then.
5) It would take only a minor change in the gambling contracts in which these bankers engage to allow their creditors to seize funds out of ordinary bank accounts.
6) The existing language for the bank accounts of these U.S. banks is possibly already so vague (and prejudicial to clients) that it would allow these banks to reinterpret the terms of these bank accounts - and allow rehypothecation to be used to rob the holders of ordinary bank accounts, people who themselves make no "bets" in markets whatsoever. Alternately, customers could be blitzed with an offer for "new and improved" bank accounts, where terms allowing rehypothecation are slipped into the contract, with the banks knowing that the "regulators" will do nothing to warn account-holders of the gigantic risk they are taking.
We are being led to believe by the Corporate Media (another unreliable source) that this problem is only a risk for all individuals with "brokerage" accounts, however as we piece together all the pieces of the puzzle (already revealed) this is what we see before us:
1) Our banking regulators knowingly allow financial institutions to engage in recklessly misleading (if not outright fraudulent) contracts with their clients, through the use of complex "small print" in their account contracts with clients.
2) The three largest U.S. "banks" by deposit (JP Morgan, Bank of America, Citigroup) have made bets in their own rigged casino, which total well in excess of $100 trillion, an amount which completely dwarfs their total, combined deposits (and assets).
3) A large portion of those bets occur in the $60+ trillion credit default swap market. Pay-outs in these markets can (and do) exceed 300 times the amount of the original bet. It is bets in this market which "blew up" AIG, requiring more than $150 billion in immediate government aid.
4) Following the Crash of '08; these same banks mooched a package of hand-outs, tax-breaks and "guarantees" (i.e. future hand-outs) from the Bush regime in excess of $15 trillion, the last time their gambling debts went bad on them - and all of these banks have been allowed to dramatically increase the total amount of their gambling since then.
5) It would take only a minor change in the gambling contracts in which these bankers engage to allow their creditors to seize funds out of ordinary bank accounts.
6) The existing language for the bank accounts of these U.S. banks is possibly already so vague (and prejudicial to clients) that it would allow these banks to reinterpret the terms of these bank accounts - and allow rehypothecation to be used to rob the holders of ordinary bank accounts, people who themselves make no "bets" in markets whatsoever. Alternately, customers could be blitzed with an offer for "new and improved" bank accounts, where terms allowing rehypothecation are slipped into the contract, with the banks knowing that the "regulators" will do nothing to warn account-holders of the gigantic risk they are taking.
The same media apologists who would scoff at this suggestion are the same shills who claimed "there could never be another MF Global". Meanwhile we have the biggest gambler of them all, JP Morgan, just confessing to having made more of these bad bets - which continue growing larger by the $billion.
When we add-in the fact that the U.S.'s mark-to-fraud accounting rules mean that these banks are easily able to hide the level of their insolvency, the pretend-regulators apparently don't have the slightest idea of the level of risk to which account-holders are being exposed. This is the charitable explanation for these facts. The alternative interpretation is that these "regulators" are direct accomplices of the criminal banking cabal.
I have consistently referred to the U.S. financial sector as a "crime syndicate" for several years now, often drawing considerable criticism for supposedly hyperbolic rhetoric. Obviously I have been completely vindicated here. One quarter of these bankers are now confessed thieves. The pretend-regulators (notably the SEC and CFTC) on a daily basis rubber-stamp the banksters' acts of fraud (where they are caught red-handed) - handing out totally trivial fines, and not even requiring these thieves to admit their guilt.
If there are any substantive differences between how the U.S. financial sector is allowed to operate versus any generic definition of a "crime syndicate", it would be enlightening to hear what those (supposed) differences are. And now these thieves are closer than ever to simply reaching into peoples' bank accounts and grabbing every dollar they can steal.
The principal reason why I and others have urged people to convert their banker-paper to gold and silver in the past was the 1,000 year track-record of these bankers' paper, fiat currencies always going to zero (through the bankers recklessly diluting these currencies via over-printing). However, we can add to that a much more basic reason: every ounce of gold and silver which you purchase (and store in your own home "safe" or other secure location) is wealth which cannot be stolen by the banking crime syndicate. This is what commentators are really referring to when they speak of "counterparty risk": placing your future financial security in someone else's hands.
What the large financial institutions of the 21st century have taught us (through the cruel "lessons" of their serial crimes) is that there is no one in the world whom you can trust less with your money than a banker.
$150 Silver Price: This Will Happen
Dominique de Kevelioc de Bailleul
Central Banks Buying Gold Like it's 1965
Chinese Gold To Double in Value with Basel III
Capital Metals
Morgan Stanley Faces Imminent Failure & Ruin
Jim Willie
Lindsey Williams Interview 8-24
Gold, Silver, A Collapsing Global Economy & Panic
John Embry
Investors Assets To Be Stolen In The Coming Collapse
Egon von Greyerz
How To Survive The Coming Chaotic & Catastrophic Markets
Robert Fitzwilson
Gold & Silver Going VERTICAL After Cartel Raid As Humans Interpret Bernanke's Remarks as QE3 is Imminent
Silver Doctors
Gold & Silver Rally as Dollar Falls
More articles are posted on
our FB Page…
Silver: Supply & Demand
Silver: Part 2: Investment Demand
Endeavor Silver
Issue 135
Gold: $1671.90/ Silver: $30.82
SGS Notes: This week started with a BANG! as we watched precious metals begin their long-forecasted breakout. Gold started the week Sunday night at $1619.00 and closed tonight at $1671.90. Silver began the week at $28.19 and ended at $30.82. Our Gold/Silver ratio dropped from 57 to 1 to 54 to 1… a move in the right direction… but a long way to go before it gets back to its historical rate of 16/1. We've seen big names in the industry liquidating their paper investments and putting funds into gold and silver… Countries like China, Russia, India … all doing the same… More revelations on the financial scandal fronts… and QE3 threatening to upset the dollar… It never ceases to amaze me how many things are linked in to Silver and Gold. Lots of fodder for our newsletter… has been a real challenge to pick which articles to post… if you want to see the 'rejects' go to our Facebook page!
Why You Always Want Physical Everything
Submitted by Simon Black of Sovereign Man blog
On the way from San Marino yesterday, I had to stop for some gas near Rimini, a beautiful beach town on Italy's Adriatic coast. As an aside, Italian gas prices are among the highest in Europe… and the world… at €1.77 per liter (almost USD $8.50 per gallon).
Naturally, the vast majority of this is due to taxes. From the € 1.77 per liter, only about € 0.48 can be attributed to the price of oil. Profit margin and distribution costs run about € 0.28. The rest of it (just over 1 euro) is tax. This amounts to an effective tax rate of over 130% on fuel.
Anyhow, when I pulled in to the gas station, I whipped out my American Express card and asked the attendant in broken Italian to turn on the pump. He acted like I had just punched him in the gut, wincing when he saw my credit card. "No… cash, only cash," he said.
I didn't have very much cash on me, so I drove to the next station where a similar experience awaited me.
This is a trend that is typical when economies are in decline- cash is king. Businesses often won't want to spend the extra 2.5% on credit card merchant fees… but more importantly, distrust of the banking system and a debilitatingly extractive tax system pushes people into cash transactions.
You can't really blame them. In Italy there's massive distrust of the local banking system. Most of the banks are insolvent, and the government has already started imposing capital controls by limiting withdrawals in some cases to 1,000 euros.
As a result, many bank customers are facing substantial difficulty in accessing their funds; it's easy to understand why they want to deal in physical cash- the counterparty risk is much lower.
Nobody gives these issues much thought… right up until they get shut out of their account. But these are the real consequences of counterparty risk: anytime your asset is simultaneously someone else's liability, you might have a big problem when tough times arise. This is when physical cash becomes a premium asset.
It's the same thing with gold and silver when you think about it. In the early days of the post-Lehman financial crisis, precious metals prices were tanking. At least, on paper.
Gold and silver contract prices may have been plummeting in futures exchanges around the world, but simultaneously, premiums for physical gold and silver coins were skyrocketing. The US mint was unable to keep up with demand for physical coins, and premiums hit double digits by December 2008.
It was an obvious example of the huge disparity between the paper price and the physical price. And in tough times, the paper price is irrelevant. Physical is all that matters.
Cash is in the same boat. When you look at the numbers, the amount of physical currency in circulation is dwarfed by the digital money supply.
In the EU, the M2 money supply is 8.77 trillion euros, of which only 861 billion is in physical cash… about 9.8%. In the US, the proportion is similar- $10.02 trillion M2 money supply, $1.1 trillion in physical cash. The rest is all digits in a database.
It's a prudent idea to heed this lesson from Italy, for as the banking malaise in southern Europe spreads, cash is likely going to be a premium asset in the rest of the world as well. And it certainly makes sense for individuals to have some holdings of cold, hard cash in addition to physical metal.
After all, if you're only generating 0.0000001% interest in your bank account anyhow, what difference does it really make to hold physical cash? You're not worse off for it, but you'll be a lot better prepared in case something goes wrong.
WEEKEND SALE on Misc. Year Silver American Eagles !
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Rothschild, Paulson and Soros All Betting on Coming Financial Disaster
Wealth Wire
Strap on Your Seat-Belt, Silver is About to BLAST HIGHER
Fed Court Rules Banksters Can Steal Pensions
Get Your Money Out: "All Legal Bank Deposit Protections Are Now Officially Gone"
Wealth Wire
China Launching Global Gold-Backed Currency
Republicans eye Return to Gold Standard
Ron Paul's Comments on GOP & Gold Standard
JP Morgan Is FINISHED!
Bill Murphy, GATA
Part 1: September 12th German Court Decision = COLLAPSE of the Euro Zone
Part 2: A Shortage of PHYSICAL Gold & Silver IS Devleoping
Issue 132
Gold: $1616.50/ Silver: $28.18
SGS Notes: If you've been following the prices of precious metals the last couple of weeks, you know that we saw a drop down in the high $26 range… that has been eclipsed this past week by prices moving up over $28. This is just the beginning of what looks like a new move upward in silver and gold prices, according to experts we're reading. And although our focus is precious metals, there are a lot of factors in banking and finance that have a relationship with these monetary metals, which is why we report on economic and other finance news.
Precious Metals vs. Commodities
Jeff Nielson, BullionBulls, Canada
I had the opportunity to listen to an inteview with noted commodities-guru Jim Rogers, which is never a bad investment of one's time.Rogers is both very astute, and a straight-talker; two "commodities" which I'm sure that he would purchase if he could - since both are clearly in short supply in the 21st century.
The central topic on the mind of Rogers' interviewer was Ben Bernanke's farcical testimony before the U.S. Congress. That love-fest had all the interrogative value of spending the day watching Sesame Street. Rogers was also totally unimpressed:
…Mr. Bernanke is going to print more money…I wouldn't pay much attention to the man…He only knows one thing - and that's what he's going to do…
…Mr. Bernanke is going to print more money…I wouldn't pay much attention to the man…He only knows one thing - and that's what he's going to do…
The interview then proceeded to Rogers' specialty: the world of commodities. He remains totally committed to commodities over the long term, rightfully pointing out that as the global economy continues to be drowned in mountains of the bankers' paper currencies, that these hard assets must soar in price - as all that paper collapses in value.
When asked to compare the different commodity sectors, Rogers was also unequivocal. He was most bullish with respect to "soft" commodities and industrial commodities, while less bullish on the monetary commodities: gold and silver (at the present time). It's here that I'm going to dare to differ with Rogers to a degree.
I wouldn't presume to contradict his long-term prognosis on the future of commodities, in a commodity-starved world. In fact I completely agree with him. However, it is over the short/medium term where I believe I detect a small inconsistency in his analysis of these markets.
The inconsistency lies in the fact that Rogers fervently believes (as do I) that we are on the verge of a Flight out of Paper. He ranked the various forms of these fraud-currencies, and said he expected the holders of this paper to soon begin an exodus out of the most-worthless of them - specifically noting the U.S. dollar.
He also observes that once this exodus starts that there will not be enough stable currency remaining in the world for all of the U.S.-dollar refugees (and other paper-holders) to find a home. This leads to the obvious question: where will all those other $trillions go?
Rogers' implicit answer is that this paper will flow into his favored soft and industrial commodities. However this ignores a large and obvious practical issue: the absolute need for functional currency. Once we ditch the last of our banker-paper in favor of holding our wealth in some instrument which actually has value, we cannot simply all load up on commodities.
People are not going to go to their local shopping mall lugging bushels of wheat, barrels of oil, or truckloads of lumber in order to do their daily shopping. However, they will be quite happy to conduct their commerce using silver and/or gold coins, since as a species we have collectively had thousands of years of practice in using this only form of "good money".
What we have here is the world's foremost expert on commodities warning us that we are about to experience a shortage in a "commodity" with which our modern economies cannot function: usable currency. Then there is silver and gold. These precious metals have a 5,000-year track-record of being the world's ultimate "safe havens", because they are the only perfect form of money we have ever been able to devise.
At the same time, thanks to (literally) a century-long propaganda campaign to cause people to forget the true status of these precious metals, gold and silver have never been so under-owned as assets in the history of our species. Even when times are good, people have typically held between 5% and 10% of their wealth in gold and silver, while in times of peril those ratios typically soar.
With entire nations going bankrupt, and with the highly-respected Jim Rogers predicting an exodus out of many paper currencies (such as the U.S. dollar); we have never experienced an era of such extreme economic crises in our entire lives. Yet instead of even holding the "normal" 5 - 10% component of wealth in precious metals, Western investors currently hold only about 1% of their wealth in these assets.
Consequently, with demand/ownership at a temporary and artificial trough just as we are (apparently) about to experience an explosion in demand for these metals; the current rock-bottom prices for gold and silver cannot last. Here Rogers also had some guidance to offer investors.
He noted what is regularly pointed out by myself and other precious metals commentators: in relative terms silver remains a superior value to gold. Rogers based this assessment merely on the fact that the current gold/silver price ratio is sitting at an absurd level of roughly 55:1, as compared to the 5,000-year historical average of 15:1.
This alone implies the price of silver should currently be more than three times the present price, nearly $100/oz. However this ignores 50 years of 'destruction' of silver inventories and stockpiles; the direct consequence of well over a half century of price-suppression of this market - primarily through the extreme and relentless "shorting" of silver by the bullion banks (notably JP Morgan).
We have the world's foremost expert on commodities predicting a shortage of the most important "commodity" for any modern economy: legitimate money, the foundation of all human commerce. We have the two most-reliable forms of money currently being the two most under-owned asset classes on the planet (implying a steep discount in current prices). And we have one of those commodities (silver) priced at a further, steep discount in relation to the other (gold).
This is called "a buying opportunity."
WEEKEND SALE on ½ oz Divisible Walking Liberty Rounds !!
This weekend only (Friday - Sunday midnight) we are offering our
½ oz Walking Liberty Traditional and Divisible rounds at $1.00 off.
Price shown on the Web Site is already discounted.
CFTC Silver Investigation
Ted Butler
Financial Times' Report That CFTC to Drop Silver Investigation is 'Inaccurate & Premature
Gold & The Perfect Storm That Will Lead to Collapse
Peter Schiff
How To Run A Central Bank With a Gold Standard
The Tortoise And The Hare
Jeff Nielson
The Biggest Banking Scandal
The World Has Ever Seen
Silver Shortage This Decade, Silver
Will Be Worth More Than Gold
Issue 133
Gold: $1584.20/ Silver: $27.37
SGS Notes: Lots of items of high interest in the ongoing LIBOR scandal...just the tip of the iceberg… see this week's major article on US Marshalls Expose Biggest Scandal in History for all the details…
Also, Bill Murphy of GATA in this week's video references connections between the JP Morgan/LIBOR scandal and silver… Keep your eyes open out there!
Silver Metal Now and a Golden Traveler's Check
Dr. Jeffrey Lewis
One of the main advantages of buying silver versus more costly precious metals like gold and platinum is that silver's relative cheapness allows you to buy more metal for the money.
Furthermore, inflation is a reality that eats away at the value of all paper currencies, while boosting the value of hard currencies like silver.
Given the likelihood of ongoing paper currency devaluation and debasement, despite short term perceptual fluctuations in the basket of floating currencies, the U.S. Dollar you are holding today is more valuable in terms of its purchasing power today than it will be tomorrow or a year from now.
Putting Things Into Perspective
If you are skeptical about holding silver or need a way to determine what time frame you should be holding silver for, you can consider the following question:
Given the at least 95% loss of purchasing power in the U.S. Dollar seen since 1913, with the vast majority of that loss of value occurring over the last 40 years, what would you rather be holding one year from now: An ounce of silver or the amount of U.S. Dollars that can currently purchase an ounce of silver?
Now ask the same question over a three, five and ten year time horizon. If your answer is consistently silver, then you really should be stocking up now that its price has retraced substantially from its recently made long-term highs.
This type of analysis allows you to put things into perspective and tolerate the short-term noise as the silver market fluctuates with less anxiety.
Why Choose Silver Over Gold?
Silver is currently preferable to gold for a variety of reasons. One of the most compelling is the price to supply ratio. The current supply of investment grade silver is 1 billion ounces versus 5 billion ounces for gold, while the ratio of metal in the ground is below 20 to 1.
Furthermore, both metals are well below their inflation-adjusted highs, especially when you calculate inflation based on an older, simpler methodology. In fact, silver is even more attractive than gold from this perspective.
Another factor is that silver is actually a more strategic and necessary commodity than ever. Its growing use in electronics, health applications and solar power production assure strong industrial demand for years to come.
Traveling With Silver's Bulk in Emergencies
Some investors who like to hold precious metals as an emergency get-out-of-town card are concerned about silver's extra bulk compared to gold when traveling. Basically, a given dollar amount of silver is much heavier and bulkier than the equivalent dollar amount of gold - so silver is just not as portable as gold.
Nevertheless, silver is not really that bulky relative to its value since a bowling ball made of pure silver would be worth well over $20,000 at $30 per ounce. What else can the average person readily accumulate and store in their house with the equivalent size and value?
Still, if you really need to 'get out of dodge' in a hurry or on foot, it would admittedly be a lot easier to carry only 15 ounces of gold - until you can switch back to silver of course!
Fortunately, investment grade silver and gold share enough properties to make them easily convertible into each other in emergencies. Silver is also easier to spend in small quantities to pay for the necessities of life while traveling.
$1 off SALE ON BULLION ROUNDS !
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Please let us know of your interest to purchase and what quantity.
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48 Tons of Silver Recovered From World War II Shipwreck
ABC News
LIBOR Manipulation Leads to Questions Regarding Gold Manipulation
Financial Sense
The Return Of The Gold Standard?It Lies Ahead
Seeking Alpha
The LBMA Gold Price Fixing Scheme Is Over
King World News
Silver Undervalued
US Marshals Expose Biggest Scandal in History
House to vote Tuesday on Paul's Fed Audit Bill
EXCLUSIVE- Bill Murphy's London Source: "Big Gold & Silver Moves Coming in August"
SGS Notes: Have had a little 'vacation' from newsletter lately, but events in the silver market and related economy/banking/financial worlds have been mushrooming… This week's newsletter is a 'catch-up' on things going on… what's happening in finance has a direct relationship in the precious metals marketplace… things are heating up on every side… and, with the CFTC gearing up to impose position limits, it won't be long until we see the coming breakout to the upside in precious metals.
A 'Lehman Moment' Will Ensure Gold and Silver Will Soar Again
Be sure that a huge volume of money printing will soon be on the way in Europe, and in the U.S. too, and the gold speculators' long awaited stimulus to drive prices up will at last become a reality.
Nowadays it seems that every time there is inaction, or minimal stimulative action, by the Fed that gold - and silver - take a dive. It appears to be long forgotten by the markets that gold performed extremely well throughout most of its bull run without overt Fed stimulus - but then gold investors on the fringe tend to be fickle animals increasingly overtly swayed by short term pronouncements with little cognizance taken of many of the underlying changes in the marketplace that have to be extremely bullish for precious metals. Not least of these factors include declining gold output in most of the world's major gold producing nations, hugely increasing Chinese demand - and perhaps most of all the fact that the global economy and banking system is teetering on the edge of a cliff with only a slight push needed to make it plunge to who knows where.
In his latest commentary on gold, Jeff Nichols - Managing Director of American Precious Metals Advisors and Senior Economic Adviser to Rosland Capital ponders on gold's performance vis-a-vis U.S. Fed pronouncements. "Gold shed more than $50 an ounce in a blink following last Wednesday's news from the Federal Reserve that America's central bank would not, at least not now, initiate another round of quantitative easing, opting instead for more muted monetary stimulus by extending its "Operation Twist" through year-end"
As Nichols then notes, "the recent correction in gold and silver prices has some precious metals pundits already writing obituaries for these metals. Last week, gold in New York was off more than three percent, falling from a recent high near $1,627 to $1,570 - just about giving up all of this year's gains and, worse yet, down some 18 percent from its all-time high last September. Meanwhile, silver fell by more than six percent from $28.75 an ounce to $26.90 - and at week's end silver was off some 3.4 percent for the year to date and more than 45 percent from its April 2011 peak."
But, Nichols avers, "This backtracking in gold and silver does not signal a new bearish phase for precious metals prices. At worst, it calls for more patience from investors and savers holding these metals as they await the next major move up in a still very much intact bull market. More importantly, the current weakness in gold and silver prices simply gives smart investors and fearful savers more time to buy the protection and financial insurance offered by these metals."
Most long term holders of gold invest in the knowledge that over time gold has proved to be a great wealth protector. In bull markets, yes it can generate short term gains and it is the prospect of these that brings in the speculators and leads to the kind of volatility which is currently affecting the gold and silver markets. Even the out and out gold bulls who predict soaring prices do so not in the belief that gold will provide speculative gains per se, but that fiat currencies will collapse and that say a 50% increase in the gold price will be due, in effect, to a 50% corresponding fall in the purchasing power of their local currencies. Indeed the real gold bulls believe that the increase will be far greater than 50% as fiat currency purchasing power collapses totally.
So what really is the chance of this 'worst case' scenario taking place? Unpleasantly and worryingly near. A sovereign default in Europe would not be purely a local phenomenon but would have global repercussions. A Greek default for example - which ultimately looks to be inevitable - if it happens soon will likely bring down some major European banks with it. The knock-on effect across the global financial system will be far worse with governments finding it increasingly difficult to find the wherewithal to meet their guarantees to major bank investors - and Greece is only a tiny economy. If much larger economies like Spain, or Italy, were to default, the impact on the global banking system would be truly horrendous.
All the European Community is really doing with its Greek bailouts is buying time in the hope that the banks will be able to make arrangements in the meantime to mitigate the impact of the pending default.
And the American investor can't just sit back in the hope that a European meltdown won't affect the U.S. economy and its banking system. It will. The global banking system is completely interconnected and bank failures in Europe will trigger similar failures in the U.S. Like it or not the U.S. Fed will likely need to help out Europe by pumping money into the system to prevent the dominoes starting to fall - a possibly futile gesture in the long term. The next dose of real QE from the Fed may thus not be to prop up the U.S. economy, but the European one too - and could be the biggest injection of new money into the economy yet.
Nichols puts it succinctly: "The timing of more monetary stimulus from the Fed - and the next major upward move in gold and silver prices - depends either on the economic news here in America (with bad news raising the chances of more quantitative easing sooner rather than later) or an impending financial disaster in Europe."
However he expects a round of QE in the U.S. regardless of the European situation - perhaps as soon as August given the continuing failure of the U.S. economy to show any real growth and unemployment remaining unacceptably high.
Nichols goes on "Despite yet another round of funding for Europe's sickest economies and banks - and regardless of whatever decisions are taken at the European summit this week - the Eurozone will continue to unravel. There's just no way that citizens of the peripheral economies will continue to accept austerity, collapsing economies, rising joblessness, and deteriorating living conditions for years to come."
"Sooner or later, I expect an impending if not actual default by one or another sovereign borrower or failure of one or another major European bank (what some are calling a "Lehman" moment recalling America's 2008 banking crisis) will trigger an unprecedented flood of new money from the Fed, the European Central Bank, and other central banks in Europe and Asia - assuring that gold and silver once again shine brightly."
This is perhaps an understatement. If this degree of monetary stimulation does come about the impact on gold and silver prices would be immense, and way beyond the power of governments, compliant central banks and their banking sector allies to maintain any degree of control of what is seen as the ultimate standard against which fiat currencies are measured.
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Now the FED gets Dragged into LIBOR-Gate
BigBanks Craft 'Living Wills' in Case They Fail
JP Morgan Trading Loss May Reach $9 Billion
NY Times
One Billion Silver Ounces and 100 Billion Owners
Jeff Lewis
Silver: A Tier 1 Asset for All
Jeff Lewis
Precious Metals Paper Sellers Conveniently Trapped
Jeff Lewis
US Dollar VS Gold: Epic Money Battle
Golden Jackass
We're About to Have the Most Devastating COLLAPSE in World History
Harley Schlanger
Federal Reserve encourages Banks to Hold Gold
Gary North
CFTC Sets Precedent and Lays Groundwork For Ending Silver Manipulation
'The mob learned from Wall Street': Eliot Spitzer on the 'cartel-style' corruption' behind Libor scam
The Next Crash Will Be A Lot Worse!
Happy July 4th !
Issue 131
Gold: $1570.00/ Silver: $28.17
SGS Notes: We're sending out our newsletter mid-week this issue because there is so much going on right now we want you to be aware of. The JP Morgan news is HUGE… so we are featuring various articles this week about that and the implications for all of us.
There are also things happening in the Eurozone and in Greece that will affect us all dramatically. Hold on to your seats, the ride is about to get bumpy. We're looking for the end of the metals manipulation when physical silver prices detach from the ETC prices… should be soon. We saw silver spot dip below $27 this week, and, looking at the Gold/Silver ratio… it's up quite high - again. Remember: that ratio SHOULD be in the 16/1 range. Still a long way to go.
Dismal Metals Sentiment - Just What Bernanke Ordered
Jeff Lewis
Since the dramatic drops the silver market saw in May and September of last year, prices in the precious metals market have been suffering from an excess of negative sentiment. This adverse perception is weighing on metal prices and keeping investor demand at bay.
Furthermore, although investors have continued to buy physical silver, the overall quantity being purchased has declined significantly, resulting in reduced support for the metal's price.
Nevertheless, the supply of silver is naturally limited by the quantity existing in the Earth's crust, despite ever growing industrial applications for the metal and rising price inflation. This key combination of factors still provides a strong fundamental basis for continuing to hold silver over the long term.
Could Weak Silver Sentiment be Conveniently Manufactured by Central Bankers?
Interestingly, this depressed silver market sentiment picture seems to be the perfect political tool needed during a U.S. election year to lend much needed psychological support to an ever weakening U.S. Dollar in terms of its ability to purchase goods and services.
Keeping silver and other precious metal prices low by depressing market sentiment, and perhaps even engaging in covert market intervention, seems suspiciously convenient after such an excessive amount of liquidity has already been pumped into the U.S. monetary system by the U.S. Federal Reserve Bank's highly controversial quantitative easing measures promoted by Fed Chairman Ben Bernanke.
In addition, given the high amount of liquidity the European Central Bank needed to inject to deal with the debt troubled Eurozone countries like Greece, Spain, Italy, Ireland and Portugal, the increasingly obvious end result will be higher consumer price inflation, despite ongoing denials by central bank and government officials.
More QE Measures Likely as U.S. Economy Languishes in Election Year
Bearish for the Dollar, but very bullish for hard precious metal currencies like silver, is the view among many market participants that further rounds of quantitative easing or QE measures by the Fed are still practically a given during this election year to help lend support to a stubbornly struggling U.S. economy.
Nevertheless, allowing metals to trade higher based on their strong fundamentals would severely dampen the U.S. central bankers' ability to overtly increase the money supply in a substantial way.
EU Moves Toward Ratifying ESM to Provide More Permanent Bailout Mechanism
Another related development is that the European Stability Mechanism or ESM is expected to be ratified by July of this year, provided that enough of the 17 Eurozone member states approve of the bailout system to represent ninety percent of its capital commitments.
This new EU rescue program is expected to permanently replace the existing temporary European Financial Stability Facility within the Eurozone, thereby making meta-government bailouts an ongoing feature of the Eurozone's economy.
As in the United States, a reasonable person can only expect more liquidity increasing measures will soon also follow in the EU, thereby making an even stronger case for continuing to hold and accumulate precious metals like silver.
Does Jamie Dimon's Problem Actually Reside in SILVER DERIVATIVES?
Facts are facts. Since May 7th the price of silver has been mercifully driven down below $30 and on May 10th Jamie Dimon announced a $2B derivative loss. The price of silver is continuing to be driven down which in my mind means only one thing...JPM is losing the physical silver game and having to drive the price lower to get their hands on physical at a price that would reduce their overall losses. Never mind that the paper silver short will increase...this is now a physical game.
A clue lies in the COMEX data that shows that silver is in backwardization!
Bix Weir,
Soros Quadruples Gold Holdings
Wealth Wire
Gold, Money, and the Parable of the Three Little Pigs
Lew Rockwell
The 2 Billion Dollar Loss By JP Morgan Is Just A Preview Of The Coming Collapse Of The Derivatives Market
Full Blown Bank Run In Greece
How The U.S. Dollar Will Be Replaced
This is Why World Markets are Incredibly Unstable
Stephen Leeb
Will See Three Digit Silver In The Next Couple of Years
Stephen Leeb
JP Morgan's Losses A Canary in A Coal Mine?
Bill Moyers
Bix Weir
JP Morgan Derivatives Book
Blowing Up
Lindsey Williams Part 1
Derivatives Market Collapsing & JP Morgan
Lindsey Williams Part 2
Derivatives Market Collapsing & JP Morgan
Issue 130
Gold: $1644.40/ Silver: $30.44
What Good is it if you Can't Spend It?
Jason Hommel
This article is more valuable than a Harvard Education!
Buying silver and gold today will likely be better than buying Microsoft or Apple stock way back when they first came out, and this article addresses the fundamental reasons why.
People often ask, "What good is silver or gold if I can't spend it?"
But that's exactly why we all should buy it! Low monetary demand means silver and gold are still cheap and undervalued liquid assets that investors should crave.
And crave it, they do. But 99% of silver investors are duped into buying the wrong kind of "silver", the kind that is not silver at all.
"Investors" have "bought" up to 200 billion "dollars" worth of "silver" in "accounts", which would be 15-20 years of annual mine supply. Clearly, that silver was never bought by the "brokers" who "sold" that much "silver" in "accounts" to "investors".
Source: http://silverstockreport.com/2012/morgan-silver-manipulation.html
Every word in quotes above needs clarification and/or translation. Each word is quoted to highlight the fact that while I'm trying to tell the story in the silver market, it's difficult to do, because there so much fraud all over the place that if I stopped to define each word as I went, it would be so distracting that I could hardly write a single sentence. Here's how those lines should read, if the discussion were a bit more truthful:
"Misinformed greedy gamblers" have "gambled on the paper currency value" of up to 200 billion "units of paper currency" worth of "paper promises of silver" in "computers", which if it were actually what it was supposed to be, would be 15-20 years of annual mine supply. Clearly, that silver was never bought by the "broker / casino operator / thieves" who "took money for" that much "paper promises of silver" in "computers" for "the gamblers".
Getting back to the point of why people should want real physical silver (outside of brokerage accounts) especially when you can't spend it.
The point is that without monetary demand, gold and silver are cheaper than they otherwise would be.
Also, as long as 15-20 years' worth of mine supply worth of investor demand is siphoned away from the real silver market into "computer" accounts, then silver prices will not go up as fast as they should.
Lower demand means a lower value. Investors know that they want to buy things that have a low value, knowing that the value will likely go up. But investors are still not understanding what silver is, since they continue to be satisfied with "paper silver", or perhaps "computer silver".
So, here's the fundamental reasons why gold and silver will continue to gain in value. Gold and silver are true money, even if they can't be used to buy groceries yet.
What makes gold and silver good at being money?
Many people are beginning to re-learn why gold and silver are the best money, and have been money for thousands of years. They seem to be able to recognize some of the self-evident and obvious truths that those metals have certain unique features making them essential and especially good at being money.
But these need to be listed, because sometimes people have funny ideas about money, because we live in a society that must convince us that paper is the best money.
There is a lot more here than I can remember all at once. I need a list I can refer back to and update, and you just can't find the truth about this stuff anywhere else. So you might want to keep this for future reference, too. None of this is "news", but it will be news to some, because they just don't teach this stuff anywhere.
I have a Harvard Textbook, "Principles of Economics", 4th ed., that defines the three functions of money, the medium of exchange, the unit of account, and the store of value.
It has a 5 star rating! So, it must be one of the best. But how can it be, when it is filled with so many lies?!
The book encourages the reader to "examine" the three functions of money on page 643, (and that's also the only page that mentions the gold standard!), but the book just defines the terms -- but they don't even explain what makes an item good at being one of the three functions of money; the medium of exchange, the unit of account, or the store of value. Furthermore, the textbook is full of lies, misinformation, and false innuendo about money.
It's propaganda of the State. Propaganda works best if you have to pay to learn it. Nobody would believe it if they strapped you to a chair, tied you down, and shouted at you, "believe our lies about the usefulness of paper money and the stupidity of gold, or else!" No, it only works when they make the kids have to pay to learn their propaganda, and then reward those who have the best memories for the lies, with high paying wall street jobs whereby they fleece the rest of the public.
The "Harvard" textbook actually suggests in two ways that only criminals have a large need for cash, because bank deposits leave a "paper trail", and because cash does not earn interest.
But paper is not the only form of "cash". There is also gold. Is all the gold owned by criminals, too? Nonsense. And why does gold have to earn 1% interest, when gold and silver have been going up in value by 15-30% per year for the last ten years? Interest on gold is nonsense.
Precious metals are a great store of value:
To be a store of value:
Precious metals are a great unit of account:
To be a unit of account:
Precious metals are a great medium of exchange:
To be a medium of exchange:
$300 of gold is .15 of an oz., and can be easily hiding in any wallet.
$300 of silver is just under 10 oz., and such a bar easily fits into your back pocket.
$300 of copper is 33 pounds, which is a major strain to lift.
$300 of oil is 3 large barrels, and is too heavy to be lifted by a person's own strength.
These fundamental reasons why silver and gold are true money, help to answer the top ten excuses why our friends have not bought silver and gold, which are listed here:
EXCUSE IN CAPS, followed by my answer/rebuttal.
TOO HIGH NOW. No, Gold and silver can never be valued "too high" against paper money. Paper money is by nature fraud, and always will be. It's interesting that people thought gold was "too high" at $1000/oz. back in Dec. 2009. Clearly, with gold at a stable $1600 just over two years later, we can see more clearly
that they were all wrong who called gold "too high" a few years ago.
HOW TO SELL? Gold and silver are easier to sell than US "dollars", which are not accepted in many nations these days.
CRAZY GOLD BUGS: No, we who understand gold are not crazy. People who pay hundreds of thousands of dollars to go to Harvard to be taught lies might be crazy.
I'M CLUELESS ABOUT GOLD: Well, if you went to Harvard, I can see why. And I hope this article helped to change that for you and your friends.
SHUT UP: Well, this is written, not oral.
PRICE CHANGES: As you can see, it's paper money that is changing in value, far more than gold and silver, but silver and gold will continue to gain value during this time.
GOVERNMENT WILL FIX: As you can see, government cannot change a single fundamental nature or property or feature of silver and gold. Gold and silver expose the lies of excess paper money printing by governments.
SILENCE: Yes, I know, the nay sayers are once again speechless. Hey, gold also doesn't talk, but that does not mean gold and the nay sayers are useless. Gold, if you examine it, reveals its properties to you. Similarly, by examining the arguments, or silence, of the nay sayers, we can see we are on the right track.
I'M BROKE: Hey, gold is not for every man. It's really just for those who would be kings.
BAD BROKERS: Now you can see why the brokers, and their lackeys, the "financial advisors", talk people out of gold and silver. They would go bankrupt if people bought the real things, because their short positions are 15-20 years of mine supply. Furthermore, brokers don't earn commissions on gold that you hold in your own possession and keep in your own vault, and neither do we. We only earn our commission one time, when you buy it from us.
Getting back to the fundamentals.
Gold is easily transportable. This means that the brokers really have no excuse to not send it to you when you buy it. Assays are free. Shipping and insurance for the shipping costs are less than 1% of the value. Thus, the only reason to not send you your gold or silver when you buy it, is because the sellers are running a scam, or are bankrupt.
And there you have it. You now know more about the essential nature of gold than 99.9% of people in the world.
Other Articles
Silver: The harsh realities behind diminshing supplies
Gaia Vince
Currency Debasement and Social Collapse
Ludwig von Mises
Why Did Gold Become Money?
Tyler Durden
JP Morgan Silver Manipulation
Jason Hommel
Why Silver Is Money
Jason Hommel
This is What I'm Doing with My Own Money Right Now
John Embry
A Return to the Gold Standard, or Gold Behind Currencies
Part 1
Part 2
Part 3
Part 4
Part 5
Part 1
Part 2
Part 3
Part 4
Part 5
Silver is Money
This is fascinating… how silver is mined… and why it SHOULD be much more valuable! After you watch this, you will understand why everyone has been saying that silver is grossly UNDER priced… and… Why this price manipulation is causing a depletion /extinction of this metal in the marketplace.
Why Silver & Not Gold
The Silver Suppression Scheme
Is Ending
David Morgan
Issue 129
Gold: $1663.90/ Silver: $31.40
SGS Notes: Okay, we've crammed a lot into this newsletter, we admit it! But, if you've been following the economic news and the precious metals market, you'll be aware that there is a lot looming on the not-too-distant horizon. We feel the urgency to get you as much information as possible so that you can be prepared.
Two Scenarios For Next Precious Metals Rally (Part I)
Jeff Nielson, Bullion Bulls, Canada
Let me preface this piece by first stating that my reason for writing it was not to induce people to guess which scenario they found more probable, and then to place their bets beforehand. Rather, my purpose was exactly opposite: to prepare people for either scenario so that when they recognized one or the other unfolding they wouldn't do something stupid in a moment of panic (or greed).
Sadly, in our markets to "do something stupid in a moment of panic" generally means doing precisely the opposite of what one should be doing. This also explains why the bankers like to start panics. First of all, as the cause of these panics the banksters are neither "panicked" nor (obviously) surprised themselves. So they continue to operate calmly (in this feeding-frenzy) while the sheep make themselves especially easy to shear.
As a result of this never-ending game being played in our markets by the bankers, there is genuine utility in looking ahead (something the sheep almost never do) so that when events do unfold we will be prepared to act (calmly) - as opposed to reacting in panic (as the bankers desire).
With that preface out of the way, the next task is to explain/define these two, looming scenarios:
Putting aside the fact that gold and silver are the most undervalued assets on our planet today; despite this ever-present truth the sheep generally need a "reason" to jump on the precious metals bandwagon. The irony here of course is that simply by jumping on the bandwagon the sheep supply the necessary momentum to drive prices higher - meaning that no "reason" is every truly necessary for gold and silver prices to go higher, in accordance with their ultra-bullish long-term fundamentals.
So the Catch-22 of the precious metals market is that we always need some catalyst to break gold and silver free of the intermittent bankster-created "log-jams" which have occurred in this market over the course of its 10+ year bull run, even though there is never any reason necessary to bid-up these grossly undervalued assets. In the last several years we have seen (arguably) three such catalysts. Two of those catalysts were events and one was a "crash".
Taking these catalysts in chronological order, the first of the three was the Crash of '08. Critics will argue that a "crash" is precisely an example of an event-driven catalyst. However, as I alluded to previously a market-crash is a particularly unique form of event, due to the extreme and unusual sentiments which accompany that event. The second reason to distinguish this catalyst from an "ordinary" event which serves to drive the market higher is that the circumstances prior to a crash will be markedly different from the circumstances of any other event-driven rally.
To begin with, one very likely clue that we will be on the precipice of another banker-created crash is that gold and silver (and likely all commodities) will begin to rally strongly without any identifiable cause for their strong surge in prices. To be more precise, the mainstream media (i.e. the propaganda machine) will not supply us with any "reason" for these soaring prices (other than pointing to their favorite scapegoats, the evil "speculators").
They will not tell us that those price increases are nothing but playing catch-up for the previous $trillions in money-printing. Understand that what responsible precious metals commentators generally tell their audience is that we accumulate gold and silver merely to preserve our wealth - i.e. we're not doing this (greedily) looking to turn a profit. However, the fundamental truth is that the decades of suppression, and the even more extreme manipulation of recent years mean that gold and silver are more undervalued today than they were at the beginning of this bull market over ten years ago.
Similarly, with the banksters' paper grossly overvalued, this means that most commodities should be soaring to much higher prices, simply based upon the long-term ramifications of year after year of hyperinflationary money-printing. Here we come to the ultimate fear of the banksters, and the political stooges who serve them: they know that the end of their entire, paper Ponzi-scheme will be imminent when prices for hard assets (i.e. gold, silver, and commodities) begin to soar without any explicit short-term causes.
Unlike the brainwashed sheep, they know their history. They know that the ultimate cause of all hyperinflation is a general loss of confidence in (worthless) paper - just as the Dutch "lost confidence" in their precious tulips 400 years ago. Thus when prices begin soaring (i.e. the paper begins to crash) "for no reason", the real reason will be that people are losing confidence in the paper and dumping it in favor of hard assets.
This precisely describes circumstances in the spring and summer of 2008, and explains why the bankers decided that nothing less extreme than a "crash" would suffice to put the brakes on the looming hyperinflation. What this means is that unlike an ordinary event-driven rally for the precious metals sector we will be tipped-off prior to the next crash being manufactured: we will see another instance of spiraling gold, silver, and commodities prices with charts showing a clear exponentially-rising pattern.
The banksters will not sit back quietly and allow their $100's of trillions in Ponzi-paper to evaporate. Inflicting severe economic hardship on 100's of millions means nothing to them. Indeed, the bankers have an even more extreme "solution" for dealing with a pending hyperinflation scenario: starting a war.
Hitler started World War II to cope with the aftermath of Germany's hyperinflation from the Weimar Republic. However Hitler wasn't a banker. He had no mountains of worthless paper to protect. His only motives were to create a smoke-screen for the economic ruin from the preceding hyperinflation and to cover-up his own economic mismanagement, which is an inherent aspect of all Fascism.
With the bankers (and the ultra-wealthy Oligarchs) being firmly in charge of our governments today, war would be a tool that they would use undoubtedly before any hyperinflation reduced their mountains of paper to what it really is: "Monopoly money". Thus should we see another repeat of the explosion in gold, silver, and commodities prices which took place in the spring and summer of 2008, many would suggest that we should hope for a market crash.
Those with the inclinations to be "traders" (i.e. the greedy) will be sensing opportunity at this point. They will note that we will have a clear warning before the next crash is manufactured. They will note that such a crash will occur when we see a distinctive repeat of what occurred in gold, silver, and commodity markets in the spring/summer of 2008. They will look at the charts for gold and silver for 2008, and they will think to themselves "sell".
This would be a colossal failure of analysis, and another triumph for naked greed. Simply because identical circumstances cause the bankers to use an identical "tool" (i.e. a market crash) does not mean that the consequences of their reckless intervention in markets will be identical.
Our economic circumstances in 2012 are enormously different than in 2008. Today our economies are all much weaker. Today our economies are all much less solvent. These two different dynamics both have significant implications in any crash scenario. Create a crash in a (relatively) strong economy and there is resistance; that is, that residual economic strength will push back against the downward economic pressure of a crash - slowing the descent and stretching-out the length of time of that downward slide before "bottom" is hit.
Conversely, create a crash in a weak economy and all you have is free-fall. We would (will?) see a crash which is much faster, and much more severe. This alternately means that anyone attempting to "time" this event by selling their gold/silver and then (assuming they can) buy it back it cheaper could miss badly in either direction.
The fact that a 2012 crash would tend to be a much faster event would mean that it could be over before all the would-be traders are expecting. They are sitting-and-waiting (for even cheaper prices) with their pile of depreciating paper, while prices have already began bouncing back. And as with the Crash of '08, the rebound in gold and silver prices will be at least as rapid as their plunge, and likely even more rapid - leaving all those greedy "traders" still waiting at the station.
On the other hand, with a crash in 2012 undoubtedly a much more severe economic event, would-be traders could easily jump back into the market too soon - and do their buying with prices about to plunge much lower. We can assess those relative probabilities by looking at our other different dynamic for 2012: much less solvent governments.
The Crash of '08 sparked the Money-Printing of '09, which in turn has directly led to the Debt Crisis of 2010-to-present. The "64-trillion-dollar question" today is this: if a crash in 2008 caused a debt-crisis (when our economies were relatively strong), what would a crash do in 2012 - with our economies all weak, and all of Europe already in a debt-crisis. The answer to that question is really simple. Everybody is Greece.
The combination of an even worse crash, with much weaker economies, already in the midst of a debt-crisis means that either the money-printing would have to be much, much more extreme (i.e. guaranteed hyperinflation) or it would fail to halt our economic crash despite the extreme money-printing.
Understand that every new "dollar" of paper created is created with more debt. Understand that our interest rates are already as low as they can go, and still we see the debt-dominoes going bankrupt one-by-one. So doing much more money-printing means piling on exponentially more debt onto already insolvent economies while revenues are simultaneously plummeting lower. This precisely describes what just took place in Greece.
So when "everybody is Greece" (including the world's worst debt-sinner, the United States) what are the holders of $10's of trillions in Western bonds going to do? Will they stoically and nobly "go down with the ship" like the Captains of Finance that they are? Or will they all scramble for the nearest "lifeboat" like proverbial rats deserting that sinking ship? I'll let readers answer that one for themselves.
In the Crash of '08, it was only the gold-bugs (and silver bulls) who were thinking to themselves "paper is going to zero". The sheep were still all running towards that worthless paper. In any crash in 2012 (or 2013) it will be obvious to everyone that "everybody is Greece", and all that paper is going to zero.
What this means is that in any future crash event, any sell-off in gold and silver will end very quickly and very abruptly, when all of the "rats" from the bond-market (belatedly) try to swap (worthless) paper for (valuable) metal. Naturally, all of the extreme money-printing taking place means that the underlying paper currencies are just as worthless as the bonds.
This should mean that all the sheep would be dumping their paper currencies for gold and silver too. However, that would imply rational thinking. Since the panic of any crash event means the opposite of rational thinking, the holders of our paper currencies will undoubtedly do even worse than the bond-holders.
As I continue to point out to readers, it would take much less than 10% of these paper-holders turning toward the 5,000 security of gold and silver to cause precious metals prices to soar to many multiples of present prices (especially in the tiny silver market). This comes at a time when people are only holding about 1/10th as much precious metals in their portfolio as is the historic norm.
The question for the precious metals bears and skeptics is this: if gold and silver prices can go on a 10+ year bull-run while ignorant Western investors have under-owned this asset class to the greatest degree in history, what happens when all of the "stupid money" of the West belatedly rebalances their holdings?
As an aside, this raises a secondary question: how can the drones in the mainstream media continue to talk about "bubbles" in gold and silver while these assets have never been so under-owned by Western investors?
When thinking investors begin to ask (and answer) these questions for themselves, their strategy for any crash scenario should be clear: don't idiotically sell the gold and silver they are already holding, greedily hoping they can cash-in on some "obvious" short-term trade. Rather they should be buying more gold and silver in any crash, even in the face of rapidly falling prices. They would know that any plunge would be very short in duration, and will reverse higher very, very strongly, when all of the paper-holders finally begin to "see the light".
Naturally, the my hope and that of all other gold and silver bulls is that we can see gold and silver begin their next, inevitable rally from some event which inspires much less fear and economic carnage than an economic crash. In Part II, I will flash-back to two such events, and note both their significant similarities and significant differences.
To read Part 2 click here
New At SGS!
Introducing our new Silver Bullet !
Whether you are protecting yourself from Werewolves or Inflation, this Silver Bullet is for you! We are excited to introduce this Silver Bullet novelty item. This item includes a set of TEN 1/10 oz .999 fine Silver Walking Liberty rounds, contained in a semi-transparent 12 gauge shotgun shell.
This item is not only a great investment in precious metals, it makes for a great conversation piece. If your group or organization would like to customize this item, we will work with you to create a custom label with your favorite slogan or logo. (Additional pricing will apply)
We also have the 1/10 oz rounds available for purchase individually on our site now. These are the size of a dime and a good alternative to junk silver which is only 90% pure.
The Seven 'Ds' of the Developing Disaster
Alf Field
The Implications of China Paying in Gold
Jim Sinclair
Greenspan's Golden Secret
Bix Weir
Greenspan's Golden Testimony
Bix Weir
Gold & Economic Freedom
Alan Greenspan
Gold & Silver as Parallel Monetary Systems
Hugo Salinas Price
US Dollar VS Gold: Epic Money Battle
USA Watchdog
Gold "Bargain of Lifetime" As Gold Standard Inevitable, Possibly Within Year - $10,000/oz Looms
Golden Dreams & Global Nightmares
Alex Stanczyk
Harvey Organ:
Get Physical Gold & Silver!
Adam Taggart
Why Gold & Silver?
Mike Maloney
The Golden Revolution
Bill Murphy Pounding Away at the Gold Cartel!
On the lighter Side… ; - )
New 1/10 oz Rounds
1/10 tr. Oz .999 fine silver
Coin Tubes also available!
Quote of the Week
"Paper money has had the effect in your state that it will ever have - to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice."
- George Washington
Issue 128
Gold: $1651.60/ Silver: $31.75
Where a Nation's Gold and Your Gold Should be Held - Part I
Julian Phillips
Proprietor at Global Watch - The Gold Forecaster
Purpose of Holding Gold
Most central banks hold their nation's gold in the vaults of the world's leading financial centers' central bank vaults. These include New York, London, and Canada among others. In a peaceful, cooperative world, this is sensible as one of the prime purposes of central banks holding gold is to cover the nation's international trade payments when their own currency becomes unacceptable and their reserves of foreign exchange are depleted. By positioning the gold outside the country, it's instantly accessible for payments or guarantees of payments.
Dangers of a Nation Holding Gold in Another Nation's Central Bank
In the last week we have heard the announcement that Iran has (according to them) 907 tonnes of gold. The developed world has just outlawed Iran dealing in gold and silver (there are other places, where if they wished to do so they will be able to trade). With their gold inside Iran, it is outside the reach of the developed world though. If they had held their gold in the world's main, developed world vaults that would have been frozen along with Iran's other overseas assets. We may not agree to Iran's politics and attitudes, but there is a lesson to be learned here.
Ownership implies the freedom to do what you want with an asset. In this case we are talking about a nation's assets. The handling of Iran's assets by freezing of their assets shows that other nations can interfere with that freedom. Governments feel free to impose restraints on other people's assets within their jurisdiction. It is this concept of a right to restrain the rights of ownership that will prove a growing issue.
With the world changing from an under-developed world with a developed world to an emerging world drawing down power and wealth from the developed world, there are many changes taking place which will lower the levels of international cooperation in the days ahead as political, religious, monetary and economic pressures rise.
One nation that has foreseen these pressures coming is Venezuela. Their 160 tonnes of gold was held in Canada, the U.S. and European vaults and out of their full control. Their policies -including the nationalization of gold mining and export-have proved unpopular in the developed world too. With Venezuela being an oil exporter primarily, the unpopular President (outside the nation) felt it prudent to ship his nation's gold back home. The process began a few months ago.
Venezuela's Gold Comes Home
Venezuela has now succeeded in bringing its 160 tonnes of gold from the developed world's central bank vaults (i.e. Canada, U.S. and Europe). There's no doubt that such a move does secure the nation's monetary sovereignty. Now, Venezuela's gold cannot be subject to the political wishes of the U.S., Canadian or European governments.
Furthermore, there's a potential 3,000 tonnes of gold under the ground in Venezuela and the likelihood that the government will take that into their vaults over the time it takes to mine it. They will then be in a position to take the U.S. dollars they receive for their oil and pay their miners for the gold, so diversifying their reserves away from currencies and into gold. If they do that, then this is one more source of supply that will be removed from the gold market.
Whatever the nation's politics, it is a central banker's duty to do all in its power to protect its nation's gold and foreign exchange reserves in terms of control and value. With dollar hegemony, a great deal of that power remains in the hands of the issuer of that currency. As sovereignty issues grow, it is becoming incumbent on central bankers to do more to protect nation's reserves. The most vulnerable nations are those whose politics differ drastically from the developed world or those whose international trading is not dependent on the major developed world. After all, if you are a kind of economic colony of a major nation it will exercise its influence far more effectively through other routes.
The conclusion that best suits vulnerable nations logically is to hold as much of its gold at home. Its dollars have to be held in New York and its euros in Europe -something they can do little about. But a nation like Venezuela with its reserves of gold at home and a 'natural' diversifier in the gold under the ground, is acting in that nation's interests in building up its gold reserves at home.
China Following the Same Path
China has outlawed the export of gold and vigorously broadened the number of banking import licenses for gold. The resulting flows of gold in with nothing coming out, is leading to the total national stock of gold in China rising fast.
" Last year saw around 360.96 tonnes of gold produced there with the government encouraging this growth of local production. But this figure may be a heavy underestimation as scrap and non-China Gold Association member's production is not included in that number.
" 490 tonnes of gold came into China through Hong Kong with more imports possible through other routes, not included in this total.
" At the start of 2012, demand for gold during the lunar New Year jumped over 50% pointing to much higher imports in 2012. These could lead to a jump of reported imports of 750 tonnes in 2012.
China is preparing Shanghai as the center for Yuan trading and as their leading financial center. Hong Kong is the current, financial center and has huge modern gold vaults already. We have issued an article in our newsletter Gold Forecaster giving our views on China growing to a second or first gold market hub in time. But we repeat that NO gold is allowed to leave the country! With privately held gold open to confiscation at some point in time, we consider the total gold held inside China as part of that nation's available stock of gold in their reserves.
Read Part II Here
We also have the 1/10 oz rounds available for purchase individually on our site now;
Quote of the Week
"Nothing is more important than balancing the budget with the least increase in taxes."
- Herbert Hoover, March, 1932
Gold and Silver Manipulation and How They Do It
Safe Haven
BRICS Plan to Abandon U.S. Dollar Will Hurt U.S. and Help Gold
IMF: Gold Is Scarce "Safe Asset" And "Growing Shortage of Safe Assets"
Zero Hedge
Eric Sprott: Financial Train Wreck Coming Soon! Got Gold? Better Yet, Got Silver?
Eric Sprot
Silver Heading to $80 an Ounce
Greg McCoach, WealthDaily
How The Silver Manipulation Game Works
Ted Butler
Silver Shortage This Decade,
Silver Will Be Worth More Than Gold


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$1.36 in the quantities he is talking about if this makes it to production. Atmel prices their product pretty darn reasonable if you ask me.
The whole concept of buying max72xx now makes zero sense to me.Those guys go out of the market for a (very good) reason.
It is available on 24-pin wide SO surface mount package - its just a little thicker than you wanted.Or as bare die if you wanted it really thin.
It's too bad they didn't make one of the MAX72xx's in a smaller package...
Another advantage might be interface speed.MAX7219/7221 can receive data at 10 MHz. I use mine at default SPI settings which I think is 4 MHz.If your main processor was really tied up and you wanted to send stuff out at 8 MHz to get it out of the way quick. The master can do that, I think testing has has shown a 168/328 cannot receive that fast tho due to the slave having to sample (the CS pin?) or something along those lines.
a 168/328 cannot receive that fast tho due to the slave having to sample (the CS pin?)
True, when implemented poorly."

subset: commoncrawl


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From USD $260 per Night
Come sail away on our Minnesota sailing trips. Enjoy sailing on your vacation and spend the day out on the water. Our Minnesota sailing tours are a great activity for any traveler. You can relax and ride or learn to sail at one of our sailing schools. Our sailing adventures are a great addition to any vacation. Browse our Minnesota sailing and plan your vacation today!


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Obama's cigarette tax up in smoke
Remember the cigarette tax hike President Barack Obama proposed in his big budget rollout?
The White House barely does.
Story Continued Below
Presidential budgets are all about theater. But this year's was more theatrical than most: Its biggest single new proposal — the sin tax to generate $78 billion to fund a preschool education program — vanished almost as soon as Obama announced it four weeks ago Wednesday.
( PHOTOS: What's in Obama's 2014 budget)
The president hasn't mentioned it. The White House didn't coordinate with outside anti-smoking groups. Tobacco companies never worried about putting together a lobbying strategy to kill it. Obama's political arm hasn't sent an email calling on Congress to consider it. Not even Obama's surgeon general, who calls curbing smoking "the single most important issue for all the surgeons general of the past five decades," put out a press release applauding the idea.
That's the attitude within the West Wing, too — rather than a marquee idea, aides say the 94-cents-per-pack cigarette tax was in fact not a priority, and there are no plans to build a public case for it. The tax was just the most politically palatable idea they could come up with to pay for their big new entitlement program — and in the context of a budget debate they never expected to get serious, that was enough.
"If other people have other ideas, we're happy to look at them," a White House official said. "If there were another way to pay for this, we'd be open to it."
White House officials described the cigarette tax as incidental to a larger goal of funding the universal preschool program. And they wouldn't discuss the proposal Obama called "the right thing to do" on the record at all.
With attention diverted to the failed gun control effort, comprehensive immigration reform and sequester politics, Obama's universal preschool program hasn't received the full weight of a White House push since he introduced it during the State of the Union address and traveled to suburban Atlanta to tout it two days later. Obama mentioned the proposal during his dinner with female senators two weeks ago, Senate aides said, but he has largely left stumping for it to Education Secretary Arne Duncan and Health and Human Services Secretary Kathleen Sebelius, who have hosted a handful of low-profile events.
And those events haven't centered on the cigarette tax.
With no help from the White House to push its own proposal, anti-smoking advocates say they are on their own to build public momentum for the new tax — especially a struggle in an environment where the House and Senate have each passed their own budget bills but have shown no intention to send to a conference committee.
"Unfortunately, the budget process now is not a process," said Chris Hansen, president of the American Cancer Society's political arm, the Cancer Action Network. "If this had happened 20 years ago, I would expect that the entire budget process would move forward and that this would play out within that process. Under the current circumstance, the reality is that the proposal is out there and it's incumbent on groups like ours to pick that up and advocate for it."


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It's already made the most detailed map yet of Earth's gravity fields, but the GOCE satellite isn't done yet: Now it's lowering its orbit and coming closer and closer to Earth to make an even better map.
The data from the GOCE satellite, which is run by the European Space Agency, is enormously useful to scientists such as geologists and climatologists and to oil companies and government officials. Measurements from the satellite have been used to visualize what is going on beneath the Earth's surface. The satellite has helped track the underground movement of lava and detect changes in gravity caused by melting glaciers, and it has produced the first high-resolution map of the boundary between Earth's crust and mantle.
But by lowering its orbit from 158 miles (255 kilometers) high to 146 miles (235 km) — which is about 310 miles (500 km) lower than most Earth observation satellites — the satellite is likely to produce an even more accurate map, the ESA says. The satellite is descending by about 980 feet (300 meters) a day and is slated to reach its new orbit in February.
Space news from NBCNews.com
Teen's space mission fueled by social media
Science editor Alan Boyle's blog: "Astronaut Abby" is at the controls of a social-media machine that is launching the 15-year-old from Minnesota to Kazakhstan this month for the liftoff of the International Space Station's next crew.
- Buzz Aldrin's vision for journey to Mars
- Giant black hole may be cooking up meals
- Watch a 'ring of fire' solar eclipse online
- Teen's space mission fueled by social media
The maps produced by the satellite show the "geoid" of the Earth, a hypothetical surface around the planet at which the planet's gravitational pull is the same everywhere. Anything with mass has a gravity field that attracts objects toward it. The strength of this gravity field depends on the mass of the body. Since Earth's mass isn't spread out evenly, its gravity field is stronger in certain areas than in others. The strength of Earth's gravity varies depending on the depth of an ocean trench or height of a mountain, as well as the density of material.
Over dense areas, where gravity is stronger, the geoid moves away from the real surface of the planet, and where gravity is weaker, the geoid moves closer to the real surface. Mapping this geoid helps to conduct precise measurements of ocean circulation, sea-level changes and the mass of polar ice sheets, according to an ESA news release.
Follow OurAmazingPlanet on Twitter @OAPlanet. We're also on Facebook and Google+.
- 6 Weird Facts About Gravity
- Video: Earth Has Herky-Jerky Gravity
- 50 Interesting Facts About The Earth
© 2012 OurAmazingPlanet. All rights reserved. More from OurAmazingPlanet.


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Let $f:X\rightarrow S$ be a flat, surjective morphism of complex spaces with reduced fibers over $S$ reduced. Q1: Is $X$ reduced too?
Q2: Is the property " reduced fiber" preserved by base change given by the normalization?
Rk: 1) We have some result of this kind in [EGA4], Cor (3.3.5) p.44.
2) We can apply [Matsumara], Cor(ii) p.189 but with the additional asumptions: $S$ is normal and $X$ locally pure dimensional.


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Adamie Anauta is the son of Povungnituk sculptor Lukasi Anauta. He now lives in Akulivik having moved from Povungnituk. Since 1979, his work has been shown in Canada, the United States, France and Korea. His work is displayed at the Museum of Anthropology at the University of British Columbia and the Winnipeg Art Gallery.
Spirit Wrestler Gallery
101-1669 West 3rd Ave.
Vancouver, BC
Canada V6J 1K1
Toll Free: 1-888-669-8813
Phone: 604-669-8813
one block West of the Granville Island gates
Between Pine St. and Fir St.
Tuesday to Saturday, open 10-5
Sunday and Holidays, open 12-5
© 2019 Spirit Wrestler Gallery. All Rights Reserved.


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One of my mindsets when I started making this comic was that, "I'll generate local hype through internet buzz," and by this, I mean, "I'm going to develop a comic for my school paper, but I totally don't want it to suck, so I'm going to make sure it's good before I set us up the bomb har har har har!"
Here are my questions that I want to address with my comic:
· What's a good title?
I like using the Somewhere I Belong title, because it's a Linkin Park song I thoroughly enjoy.
However, I'm sure there will be a more awesome name that I would want to use should my comic successfully score an appearance on the Daily Cougar.
Here are the titles that currently run through my mind:
Chadwick Wellingsworth Saves The Universe
Know The Ledge
Archibald Baddington Conquers The World
Flirtations of the Three Kingdoms
Spraypaint & Inkpens
Coconut Fred's Fruit Salad Island
Real Talk
Somewhere I Belong
Oh You Mad Cause I'm Stylin' On You?
Love Jam
· Is it better than the competition?
Namely, Getting to Know the Tulip and Eryops. No disrespect to the artists, but I overhear so many people cringing at their comics for all the wrong reasons.
On the brightside, when people cringe at my comic, it will be intentional.
· What can appeal to the general audience?
Obviously, things like obscure hip-hop and video game references will fly over people's heads, and that's not ballin'.
What works, and what won't? This is extremely critical, especially for the Dead Poets Society tribute that I plan to put out. "O Captain, My Captain" is a setup for comedic gold!
· What can make the transfer from unrestrained internet freedom to politically correct public papers?
I'm talking about my favorite emo, Emo-Man.
I don't think I can get away with the tremendous amount of neck-hanging and blood-spewing he does if my comic hits a university paper.


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It seems like just yesterday that Tim Lincecum and the Giants were donning their dong-hats as world champions, but baseball is here again, and we're so happy about it. In the early-afternoon block, we've got Tigers-Yankees, Braves-Nationals, and Brewers-Reds. Express your giddiness, joy, and/or curse-filled anxieties of how your team's season is all going to go to shit in the comments below.
UPDATE: Let's carry on here with the late afternoon and evening games: Angels-Royals at 4:10, Padres-Cardinals at 4:15, and Giants-Dodgers at 8. Pete Rose will join you immediately following the Reds game.


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Haifa Port
High resolution panorama
Traboule: The Secret Passageways of Silk Traders of Lyon
Casa Batlló, one of Antoni Gaudí's masterpieces in Barcelona
Barcelona's fall in rankings from fifth in 2016 and 2017 to seventh in 2018, may have been caused by several recent incidents. In the last year, Barcelona experienced a terrorist attack in the popular Las Ramblas area; political turmoil as Catalonia attempted to cede from Spain; and organized street protests in Barcelona, where residents who are vastly outnumbered by visitors expressed concerns about overtourism and preserving their way of life.
Top European Summer Travel Destinations In 2018
The Multiculturalism of London
Mobile addiction
Ponte Vecchio in Florence, Italy
Top European Summer Travel Destinations In 2018
Netherlands: The Circular Economy
Windmills, Zaanse Schans
In advancing the circular economy, the Dutch government is the first government in the world to develop a government-wide program and implementation strategy on circular economy with the goal to have a 100 percent circular economy by 2050.
Van Gogh Alive Traveling Exhibition
Virtual Event Market Forecast 2018-2023
Museum Technology Market on the Rise, $3.5 Billion by 2020
Public Display Market is Booming, to Pass $10 Bln by 2020, Market Analysis
Haute Photographie Stockholm at Fotografiska
Haute Photographie Stockholm now presents at Fotografiska eight of the world's most successful galleries showing a collection of their top photographers.
View of Millennium Bridge From Tate Museum, London
Big Ben, the London Eye, Buckingham Palace, the River Thames have all lured Americans to Great Britain through the years...
Bruges, Belgium
Belgium is the very heart of EU and a good represantation of problems haunting good old Europe. By the middle of 2018, several European economies may see some weakening of cyclical tailwinds and fall back to their medium-term growth trend. https://www.opinion.org/?p=4539
Brussels, Belgium
Brussels Under Rain
Interactive Multimedia Exhibition, Museum aan de Stroom, Anwerp
Museum Technology Market on the Rise, $3.5 Billion by 2020
Guggenheim Museum, Bilbao
Guggenheim Museum, Bilbao, Basque Country, Spain
Vitoria Gasteiz, Basque Country, Spain
Ruins of abandoned monastery in Castile-León, Spain
Salamanca, Spain
Time-to-Market 2018, Salamanca - the university city where the Spanish startups are born.
Wine Cruise along Douro River, Porto, Portugal
Dead Sea, Negev Desert, Israel
Copyright © 2016 Posters.org | Domain Market Research | Exclusive
Media Partners: Event Calendar | Technology Conferences | Technology Events | Opinion surveys and polls
Photo Credits: Photo Studio
Digital Market: Digital Camera Market Analysis | Virtual Event Market
Market Intelligence: Market Analysis | Market Research


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Model: DY619
Color Code: 00
Lens Color: Clear
Frame Color: Matte Gunmetal
Gender: Unisex
Size: 55mm 18mm 140mm
We guarantee that you will get 100 % Authentic Designer Eyewear in brand new and perfect condition (free of any defects). Accompanied by original designer case and packaging as provided by the manufacturer.
Note on eyewear cases:
Eyewear case design shown may vary from the actual case you will receive. Be assured that you will receive an original authentic designer case provided by the manufacturer.
We appreciate your business and strive to provide you with outstanding customer service and an enjoyable buying experience. We hope you will be completely satisfied with your purchase, and ask that you fully inspect your item before removing the attached white security sticker. If for any reason you are not happy with your item, our shipping, our customer service, or anything else, then we would like to hear from you and we will do our best to make your shopping experience even better. We are committed to resolving any problem or issue you might have, and so if for any reason you are not completely satisfied with your shopping experience please contact us and voice your concerns. We believe that every transaction can always be completed on a positive note.
RA# is required for all returns.
*Item(s) presented for return must be in resellable, unworn & original condition with all warranty papers, cases.
Request RA within 30 days.
Please Ship the item within 4 days after RA is issued.
We DO NOT sell used eyewear and WON'T accept used eyewear for return. Shipping fees are not refundable.
If you consider an exchange we will reship for FREE (USA purchases only) once we receive back the original purchase.
Please allow 7 business days to process a refund or exchange. Customers are responsible for shipping the item to our facility. Use a traceable method of shipment for returns.
On Oct-19-17 at 10:01:43 PDT, seller added the following information:


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Tooling Update
Urethane Tooling for Mark-free Bending
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Monday, February 1, 2010
New urethane products from Wilson Tool Intl., White Bear Lake, MN, help press-brake operators avoid sheet marking during bending. Products available include urethane dies for American Precision and European styles; holders and pads, which also reduce tonnage by as much as 20 percent; and rolls—available in two thicknesses (0.015 and 0.030 in.) and in an extra-durable high-density 0.022-in.-thick version—to provide a protective layer across the top of the dies.
Wilson Tool Intl.: 800/445-4518; www.wilsontool.com
Wilson Tool Intl.: 800/445-4518; www.wilsontool.com
See also: Impax Tooling Solutions, A Div. of Wilson Tool International
Related Enterprise Zones: Tool & Die
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Kamape necesitaba un nuevo diseño de logotipo y lanzó un concurso de diseño en 99designs.
Un ganador ha sido elegido entre 43 diseños de 18 diseñadores freelance.
Booking All Ways
About this project:
This current project is for a customer that wants to start a booking system service located in the middle east (mainly Lebanon but further expanding is in mind). The booking system should focus on services for different restaurants, hotels, hair dressers, bike-rental etc, so it should not be specific for a single type of bookings/reservations.
About our web development company:
We're a web development company specified in creating highly scalable web systems to fit each customers need. We focus in CMS-systems, E-commerce and mobile solutions.
Targeted audience are companies and private sector in the Middle East (mainly Lebanon but in the future also other countries close to Lebanon).
This logo should be created with the target audience in mind. The company name isn't currently decided, but will probably be "Booking All Ways" or "Booking Mix". The logo can be created with the company name written in english and with the latin alphabet.
When logotype is decided, we must have the ability to also write the company name with arabic alphabet (but it's currently not necessary to present a logo example with the company name written with arabic alphabet).
Requirements for creation:
The customer is looking for a logo that's created with the theme of a Peafowl (important!) (see http://en.wikipedia.org/wiki/Indian_Peafowl for information) in mind.
The main colors to have in mind is "Pistachio-green" and "Light-orange".
No specific requirements regarding the text font used (however have the Middle East target audience in mind).
Descubre cómo funciona un concurso de diseño u obtén más información sobre nuestros servicios de diseño de logo.


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Weight: 0.009kg
Quantity - 5 piece
Size - 40x38mm
*Please Note*
We do strive to get the best picture of the product as possible. Please see description for size and quantities as our pictures are not to scale.
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