yellen

Jannet Yellen’s testimony before Congress offers an opportunity for sending traders running for cover, as central bankers and government interests work to manage the mess they have created in hyper-managed financial markets and a Western banking system bloated by decades of mainlining liquidity heroin in a boom-bust financial markets driven leverage cycle.  To think that the creation of the Fed was partially justified on the notion that it would engender stability in financial markets and the banking system!

TND colleague Dave Kranzler spotlights yesterday’s operation to manage precious metals upside and today, we are witnessing yet another example.  Click here for Yellen’s Congressional testimony. – Eric Dubin

SD Weekly Metals and Markets

Silver Expert David Morgan (website link) Joins The Show & Breaks Down the Two-Month Rally In The Metals:

  • Is A MAJOR Bull Move Just Getting Started, Or Is Yet Another Cartel FLUSH Coming?
  • Regardless Of What’s Next, Morgan Believes If You Can Buy Silver Under $20/oz, It’s A Gift!
  • The Famous Silver Investor Reveals Dollar Cost Average For His Personal Silver PositionA Must Listen Metals & Markets Starts Now: 
petrodollar

In December, Grant Williams, author of “Things That Make You Go Hmm…” offered the most comprehensive analysis yet of the rise and inevitable fall of the petrodollar (and implicitly US hegemony). In the following presentation, from Mines & Money Conference in London in December 2016, Williams focuses on gold’s performance in 2016, the reaction to Donald Trump’s election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global monetary system.

currency-wars

Let’s examine the economic agenda of Trump team, called by Assistant to the President and Chief Strategist, Steve Bannon, “national economics.” The key targets so far are China and Germany, two nations with the largest trade surplus with the United States. A closer look, however, suggests Washington is preparing to launch what James Rickards, sometimes advisor on capital markets to the US intelligence community, refers to as “currency wars.” Aside from the obvious China target, the second and perhaps more important target is to destroy the Euro and its European Monetary System. Here Germany is at the heart, one reason, perhaps, why Chancellor Merkel seems to have severe gas pains whenever the name Trump is uttered.

banksters-manipulate-gold-and-silver

Dave Kranzler documents the mechanics of today’s attack on gold, which involved 11.1 tonnes Of paper gold dumped in sixty seconds and was executed in the Comex market and timed perfectly to help paint the tape with the London P.M. Fix, as I discussed (click here) – Eric Dubin

war-on-cash

Mr Engdahl discusses the role USAID has played in advancing the war on cash/gold in India and bigger policy objectives versus the euro and what the threat of the war on cash really means.  

trump

I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump Government will need a significantly lower dollar in order to stimulate U.S. industry, assuming the latter is at all possible anymore.

GATAPaintingByAlainDespert-11-06-2011

The Financial Times has a less than stellar reputation when it comes to ‘balanced’ reporting about precious metals – E.D.

# # # #

“Open vaults”? Hardly. The LBMA will issue reports that no independent auditor will be permitted to check and confirm. Those reports will not account for gold swaps and leases with central banks and other bullion banks that allow gold to be counted multiple times. And the data will be three months old besides. These failings are obvious but, being a mere public-relations agency for the financial industry, the Financial Times can’t bring itself to question them. It’s all pathetic but this at least shows that the gold gangsters are getting nervous. – Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee.

SD Weekly Metals and Markets

Craig Hemke Joins the Show For A Powerful Analysis of the Trump Administration & Global Currency Markets, Discussing:

  • Death By China: It’s Only A Matter Of Time Before Trump Turns Attention to China…
  • …That’s When The REAL Fireworks Begin!
  • Declaring China A Currency Manipulator Will Put An After-Burner On Precious Metals!
  • Will China Pre-empt Trump & Announce A Shocking Yuan Devaluation? 
  • Gold: The REAL THING Continues To Move East & DISAPPEAR 
  • Deja Vu All Over Again – Why 2017 Is Shaping Up to Be A Great Year For Gold & Silver

SD Metals & Markets Begins NOW…