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Dateline: April 20, 2018

DEheadlines_orig

The Dollar’s 70-Year Dominance Slowly Coming To An End
The US dollar hasn’t been backed by gold since 1971, but that might change soon. Republican Congressman Alex Mooney is proposing that the US once again place value on the dollar by backing it with physical gold. The problem is, the Federal Reserve has been printing money with the abandon of a drunken copy machine, and the 147.3 million ounces of gold being held in Ft. Knox may not be enough to cover the out-of-control fiat currency currently in circulation… (Continue to full article)

Rickards Warns “Don’t Wait Too Long To Leave The Party
…three early-warning signals of declining liquidity: Dealers are backing away from the market, private rate-to-central bank rate spreads are widening and the Fed is attempting an apples-to-oranges switch to hide lost liquidity in interbank markets.“… (Continue to full article)

US government says its budget deficit will PERMANENTLY exceed $1 trillion
Yesterday the US government’s own Congressional Budget Office (CBO) published a pretty sobering report about the state of Uncle Sam’s finances– and what the future holds… (Continue to full article)

How Tax Cuts Are Influencing Teacher Strikes
Thousands of public school teachers in Oklahoma entered the 10 th day of their strike on Wednesday, part of a wave of labor protests by educators around the country. West Virginia teachers went on… (Continue to full article)

Global Silver Scrap Supply Falls To 26-Year Low
Global silver scrap supply fell to its lowest level in 26 years. World silver recycling in 2017 dropped by nearly 50% since its peak in 2011. According to the 2018 World Silver Survey, global silver scrap supply declined to 138 million oz (Moz) compared to 261 Moz in 2011. While the lower silver price is partly responsible for the large drop in silver recycling, there are other market dynamics. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)

Hi-Ho Silver, awaaay

Silver Could Hit $150 A Troy Ounce
A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming….The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)

Why do underwater homeowners keep paying the mortgage?
While there’s lots of evidence that most homeowners who defaulted did so because they had no other choice, the issue is still controversial… (Continue to full article)

$3 gasoline is coming soon as demand jumps and crude oil prices rise
Demand for gasoline hit a record level at 9.86 million barrels a day last week, according to government data. Prices at the pump are expected to top $3 a gallon for unleaded gasoline in many parts of the country in the next few weeks, as summer driving season approaches… (Continue to full article)

Life, Liberty & All That Jazz is heard at 1:00 p.m. (Eastern Time) for TWO-HOURS, each Tuesday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Leave a comment

Merk: “How I Own My Gold

Editor’s NOTE: The following is extremely well researched and written, however the one single issue I have with the author’s commentary – is that in my opinion – he has made the idea of gold ownership far too complex – although in all fairness – he IS demonstrating the numerous different ways and reasons for “owning” gold. To me – it is simple – and should be kept that way. KISS!Ed.

Those who own gold often argue how to best own it. I encourage anyone holding gold to assess the pros and cons of different choices of gold ownership to make an educated rather than emotional decision. Let me explain.

I commissioned the above cartoon back in 2011 in response to an assertion by CNBC’s Steve Liesman no one would accept a gold coin in a grocery store. My take was that, hell, if I offered a gold coin, I’m pretty sure I would find a taker if I wanted to exchange it for some groceries.

There appears to be an eternal back and forth between those that “love” and those that “hate” gold; that discussion, in my humble opinion, misses the point. Continue reading

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Dateline: April 16, 2018

DEheadlines_orig

Life, Liberty & All That Jazz returns to the airwaves on April 17, 2018 at 1:00 p.m. (Eastern Time) for TWO-HOURS – LIVE – each Tuesday through Friday on The Micro Effect.

Toxic Mix: Bad Debts and Blowhards
For a while it looked like one country in particular was going to crash the world economy. It was in distress. The government had no money. The unemployment rate was soaring. The local banks were bankrupt. Poverty and distress was everywhere… (Continue to full article)

Medicaid’s $37 Billion ‘Improper Payments‘ Problem
Total outlays for Medicaid reached $596 billion in the 2017 fiscal year, up from $565 billion in 2016, and the program’s vast size and complexity makes it particularly vulnerable to issuing large numbers of “improper payments” – defined as “any payment that should not have been made or that was made in an incorrect amount under statutory, contractual, administrative, or other legally applicable requirements.”… (Continue to full article)

State Pension Funds Fall Deeper in the Hole
State pension plans are facing a massive $1.4 trillion funding gap, according to a new analysis from the Pew Charitable Trust. Pension liabilities in all 50 states increased by $295 billion to… (Continue to full article)

How Tax Cuts Are Influencing Teacher Strikes
Thousands of public school teachers in Oklahoma entered the 10th day of their strike on Wednesday, part of a wave of labor protests by educators around the country. West Virginia teachers went on… (Continue to full article)

Time for the Gold Bulls to Show their Mettle
Or is it ‘Metal’? For the last three months gold had been chopping out a rectangle trading range which has completed four reversal points so far. Wednesday of this week it looked like gold may breakout above the top rail but the bears stopped the advance just when it looked like the bulls were finally going to win. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most gold or silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778... (Continue to full article)

Gold gaining as war drums beat louder
Gold’s safe haven status was tested this week as Donald Trump’s economic war threatens to turn into a shooting war, with a number of global flash points getting hotter. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most gold or silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)

This Really Is The Everything Bubble: Even Subprime Mortgage Bonds Are Back
Record student loan balances? Check. Trillion dollar credit card debt? Check. Six tech stocks dominating the Nasdaq? Check. Subprime auto loans at record levels? Check. All that’s missing is subprime mortgages and we’d have every bubble base covered. Oh wait, those are back too, just under a different name… (Continue to full article)

How the American Economy Keeps Wages down
hen unemployment goes down, wages are supposed to go up. That’s just supply and demand. Quite puzzlingly, though, this mechanism seems not to be working today. Unemployment stands at a modest 4%, but paychecks aren’t growing… (Continue to full article)

Elizabeth Warren Raises Millions In Small Donations
The senator, who is up for reelection this year, raised $3.12 million in the first quarter of the year, her campaign said, adding to a campaign account that now has more than $15 million in cash on hand… (Continue to full article)

How the Postal Service Loses So Much Money
Trump is wrong. Amazon isn’t ruining the postal service. The postal service can do that all by itself… (Continue to full article)

4,000 Years of Price Control
(Newsweek column from March 21, 1949) Tablets, said to be 200 years older than the Babylonian Code of Hammurabi, have just been translated which show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees… (Continue to full article)

Investors Should Take Advantage Of the Gold Price NOW!
The safe haven qualities of gold have brought it firmly back into the spotlight this year… (Continue to full article)

“They Know What’s Going To Happen”
Governments And Big Banks Are Stockpiling Gold Ahead Of Massive Economic Collapse. Call Kettle Moraine at 623-327-1778 today and we’ll work hard to get you the most gold or silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)

Life, Liberty & All That Jazz returns to the airwaves on April 17, 2018 at 1:00 p.m. (Eastern Time) for TWO-HOURS – LIVE – each Tuesday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Leave a comment

Holter: “It’s Pure Math – We’re Headed For A Train Wreck!

Financial writer and gold expert Bill Holter says China has a lot of weapons to fight a trade war with the U.S. China could stop buying Treasury bonds (as it reportedly already has done). It could sell Treasury bonds. It could slash the value of the Yuan, or something much simpler could happen such as a failed delivery of physical precious metals. Holter says, “If what has happened so far in the first three months of the year were to continue for the full year, you would be over three billion ounces (of silver). That is not deliverable. Continue reading

Posted in The Mine or the Shaft, Viewpoint | Leave a comment

Ayn Rand’s Hymn To Money

Gold Money Is the Root of All Good; Paper Money Is the Root of All Evil ~ A Blueprint for a New Gold Coin Standard

Millions of people who have read Ayn Rand’s 1957 monumental work “Atlas Shrugged” must have been impressed by an insert that could be entitled “Hymn to Money”. This insert is buried in the 1600 pages of the novel and is difficult to find. However, it is a self-contained literary masterpiece in its own right. For these reasons it may be a good idea to publish it separately.

Some remarks may be in order. Ayn Rand uses the word “money” in the sense of gold money. This may not be in line with current usage, but it is certainly correct etymologically. The English word “money” is derived from the Latin moneta, meaning “forewarner”, epithet of the goddess Juno. Her temple on the Roman Capitolium doubled as the Mint where the gold and silver coins of Rome were struck.

According to legend, during the siege of Rome by the Gauls, the sacred geese of Juno that lived around the temple forewarned the Romans with their loud cackling of the surprise attack the enemy has mounted. Under the cover of the night, the Gauls tried to scale the cliffs just below, thought to be an unassailable point of the Capitolium. The Romans, forewarned, could successfully repel the attack. In gratitude, they honored the goddess calling her Juno Moneta, or “Juno the Forewarner”. And Rome went on to great things.

Irredeemable currency, in Ayn Rand’s words “a counterfeit pile of paper“, the output of the paper mill in Manhattan, does not deserve to be called “money”. At any rate, you have been forewarned, and should be prepared for the attack of looters on your Capitol, already in progress.

We still don’t know whether the 911 forewarning of Juno Moneta about the approaching collapse of society has been in vain or, perhaps, there is enough moral rectitude left in America’s political and economic leadership to denounce globalization, and open the Mint to gold, in order to avert the coming tragedy. ~ A.E.F.
Continue reading

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Dateline: April 6, 2018

DEheadlines_orig

Stocks resume selloff in tariff tantrum
Dow off as much as 750 points… (Continue to full article)

Stock guru who called S&P 500 gains sees no new market high before October
Investors should give up any hope that the stock market will hit a new high within the next six months. That at least is the latest forecast from Sam Eisenstadt, the former research director at Value Line Inc…. (Continue to full article)

Why stocks could fall nearly 40% over the coming 18 months
The U.S. stock market has seen extreme volatility over the past two months, as investors grapple with the prospect of a trade war, potential regulation for large-capitalization internet companies, and changing monetary policy from the Federal Reserve… (Continue to full article)

5 things to do right now instead of panicking about stock market volatility
Rather than freaking out about the market’s rough rollercoaster ride, there are several steps consumers can take to better their financial health in just a few minutes… (Continue to full article)

Improving Expectations Won’t Improve the Reality of Economic Conditions
Given the popular view that expectations are the key driving force of an economy, many economists hold that “positive” thinking and large dosages of “good” news can prevent bad expectations from developing. This, in turn, will prevent a fall in econom…… (Continue to full article)

21 Trillion Reasons to Own Gold
The main reason is that no matter whether it’s up or down – it’s REAL – and will always be there if and when YOU need it… (Continue to full article)

Hi-Ho Silver, awaaay

New Silver Bull Coming
Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, so… If so – then buy the REAL thing – not a stock or an ETF. Call Kettle Moraine at 623 – 327 – 1778 today and we’ll work hard to get you the most physically held silver for the least amount of money – in the strictest of privacy. That’s 623 – 327 – 1778… (Continue to full article)

Illusions Unraveling
I would say that practically all the financial journals were on the take. This includes reporters for The Wall Street Journal, The New York Times, The Herald-Tribune, you name it… A publicity man called A. Newton Plummer had canceled checks from practically every major journalist in New York City.” ~ Robert Sobel, PBS: The Great Crash of 1929… (Continue to full article)

When the big ones start going, you better head for the hills.
Eric Sprott discusses the latest US jobs report, the stock market and the surging open interest in Comex silver… (Continue to full article)

Trump’s Remarks Send Dow Futures Plunging 360 Points Last Night
If you have ever watched the past Chairs of the Federal Reserve give their semi-annual testimony before the U.S. House and Senate, you are aware of how carefully they parse their words to avoid rattling the stock or bond markets. That’s how people in high places in government with insider information behave. But now we have Rambo in the Oval Office, randomly throwing grenades into already wildly fluctuating markets… (Continue to full article)

Central Banks, LIBOR, & The Road To Ruin
While many factors deserve merit, we argue that the most prominent driver of the LIBOR-OIS spread’s surge is the drastic change in policy of the central banks… (Continue to full article)

How Much Income You Need To Afford the Average Home In Every State
Housing prices are on the rise, thanks in large part to extremely tight inventory, so it’s worth asking: are potential home buyers getting priced out of the market?… (Continue to full article)

How To Recognize When Your Society Is Suffering A Dramatic Decline
Educating people on the blatant facts behind our own national decline can dissolve the wall of denial, and perhaps we will find when disaster strikes that there are far more awake and aware individuals ready to act than we originally thought… (Continue to full article)

Life, Liberty & All That Jazz will be returning to the airwaves beginning April 16, 2018 at 1:00 p.m. (Eastern Time) for TWO-HOURS, each Monday through Friday on The Micro Effect.

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Leave a comment

Is there gold in them, thar hills?

Has $55 MILLION of gold lost during the Battle of Gettysburg finally been discovered in central Pennsylvania?

According to the tale, the gold disappeared during the Battle of Gettysburg in 1863

That’s what locals seem to believe after the FBI descended on site, along with representatives from the Department of Conservation and Natural Resources and treasure hunters Dennis and Kem Parada were seen digging around a remote area in Benezette Township, called Dents Run. Continue reading

Posted in Double Eagle Headlines, The Mine or the Shaft | Leave a comment

Dateline: April (the day after) Fool’s Day

DEheadlines_orig

Stocks Suffer Worst Q2 Start Since The Great Depression
It’s hitting the fan – and that’s not s#*t Sherlock… (Continue to full article)

Stocks dive as tech, Amazon lead broad selloff, sending Nasdaq negative for 2018
U.S. stocks fell sharply Monday, in the latest example of heavy intraday volatility driven by both uncertainty surrounding trade policy and weakness in the large-capitalization technology and internet sectors… (Continue to full article)

The stock market is seeing panicky selling as Wall Street’s selloff gathers momentum
A selloff in Monday afternoon trade reached levels not seen since early February by one measure… (Continue to full article)

Just Another Manic Monday – US Markets DeFANGed
The US markets opened rather weakly, based in large part on continuing disappointments in the overvalued big cap tech stocks, and the mispricing of the risks in the international trade and geopolitical conflict scenarios, while Trumpolini keeps things lively on the international trade front with China and Mexico… (Continue to full article)

Stock selloff threatens lengthy stretch above key technical level
U.S. stocks fell sharply on Monday, with the S&P 500 threatening to close below a closely watched gauge of long-term momentum. Doing so would put an end to a lengthy streak above that level, which could trigger deeper weakness ahead. The stretch above the 200-day had been among the longest in history… (Continue to full article)

Wall Street’s ‘fear index‘ jumps 20% amid stock selloff
The Cboe Volatility index spiked on Monday, amid a sharp selloff in the U.S. stock market that threatened to take the Nasdaq into its first correction in about two years… (Continue to full article)

’29 Jump

REDUX: It’s Looking A Lot Like 2008 Now…
Economic and market conditions are eerily like they were in late 2007/early 2008. Remember back then? Everything was going great. Home prices were soaring. Jobs were plentiful. The great cultural marketing machine was busy proclaiming that a new era of permanent prosperity had dawned, thanks to the steady leadership of Alan Greenspan and later Ben… (Continue to full article)

REDUX: Here’s What Historically Happens To Stocks When Bull Markets End
If last year ends up being the top of this bull market, what does history say could happen to stocks this year?… (Continue to full article)

REDUX: From the Heart: Own Precious Metals
One of the things from which I occasionally enjoy a good chuckle is the insecurity displayed by bloggers or newsletter writers who are constantly in need of positive reinforcement derived by reminding readers of their “incredible market calls.” It is always readily-predictable because just before they ask you to buy something (like a subscription),.. (Continue to full article)

REDUX: Gold was not selected arbitrarily by government…
Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed formany centuries on the freemarket as the best money; as the commodity providing the most stable and desirable monetary medium…I see a great future for gold and silver coins as the currency people may increasingly turn to when paper currencies begin to disintegrate… (Continue to full article)

KM PM_bnr_11.14

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1-623-327-1778
Email:
gold@kettlemorainepreciousmetals.com

Posted in Double Eagle Headlines | Leave a comment

Fed mistakes could spark ‘unusually fast’ bear market, ‘lost decade’ for stocks

Households currently have high exposure to the equity market

Uncertainty over trade policy may be the primary driver of the U.S. stock market at the moment, but the real policy risk facing equities could be coming from the Federal Reserve, with the potential downside a lot more pronounced than investors are currently anticipating. Continue reading

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Storing and Hiding Your Gold at Home

Where, exactly, should you store your gold at home?

You instinctively know that gold is valuable and understand it must be stored safely. You probably also realize that gold coins and bars come with no replacement policy: if you lose them, they’re gone for good. No claim check to redeem.

This makes your home storage plan critical.

This guide provides hiding tips, the pros and cons of alarms and safes, backyard burial advice, the home storage golden rule, and why insuring your metal is probably not a good idea… Continue reading

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