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Dateline: June 15, 2018

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Gold and Silver Setting Up for A Sleeper Breakout
Please notice that the recent price lows, originating near the start of 2016 all the way through current price activities, are continually higher. Even the current price rotation, near the right edge of the chart, is still higher than the previous low price rotation near the middle of 2017. Ladies and Gentlemen, we have an uptrend already in place in Gold. The “rope-a-dope breakout” that we are suggesting is right around the corner is the potential for a $1370 price break that has been setting up since June 2016… (Continue to full article)

Housing Bubble Pathologies Start to Bite – Yet Another Sign the Cycle Has Peaked
The silver market has become so quiet that you can hear a pin drop, a most unusual situation in this normally rather volatile metal. What this means is that there is a big move brewing and probably sooner rather than later. For 5 years now, since 2013, silver has been marking out a giant Head-and-Shoulders bottom, like gold, except that in silver’s case it is downsloping because silver underperforms gold towards the end of PM sector bearmarkets, which is normal… (Continue to full article)

Merrill Lynch Fine Renews the Question: Can You Trust Your Broker?
The Securities and Exchange Commission (SEC) quietly dropped a bomb on the relationship that the behemoth Wall Street firm Merrill Lynch has with its institutional clients. For those willing to skip past the timid press release from the SEC and dig carefully through the Administrative Proceeding Order, there was this startling revelation: Merrill Lynch had charged obscene markups (profits for the house) on bond trades over a three and a half-year period that were in two cases cited 23 times and 3 times the industry prescribed legal limit of less than 5 percent… (Continue to full article)

Silver – The Original World Currency
Silver has been money, and currency, longer than gold. The word “silver” actually translates to “money” or vice-versa in many countries around the world. Any true Christian knows that Judas sold out Jesus Christ for silver. Some theologians have reached the conclusion that Judas sold out Christ for approximately 30 pieces of silver. What would the value of 30 pieces of silver been in time of Christ? (Continue to full article)

Debt Servitude: IRS’ Private Debt Collectors Are Crushing Poor American Taxpayers
Many cannot afford basic living expenses, therefore, stripping them of the power to consume, which is transforming low-income America into more debt servitude. Crushing the poor and middle class is not how America will be made great again… (Continue to full article)

The Real Economic Numbers: 21.5 Percent Unemployment, 10 Percent Inflation And Negative Economic Growth
Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy economic picture that the mainstream media is constantly painting for all of us is completely absurd… (Continue to full article)

Schiff: Don’t Be Fooled By The US’s ‘Phony Prosperity’
Financial guru Peter Schiff says everyone is being fooled by the mainstream media when it comes to the economic health of the United States. But Schiff says it is all a delusion and phony prosperity isn’t going to last. A lot of seemingly positive economic data came out last week, but in his most recent podcast, Peter Schiff said it is just feeding into a delusional economic narrative that ignores the most fundamental storyline – debt… (Continue to full article)

GOLD – THE ONLY MONEY THAT CAN’T BE DEBASED
In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a compound annual growth rate of 9% which is quite remarkable for a 38 year period. Global assets have gone up… (Continue to full article)

Gold Versus Dollar: Precious Metal ‘Entering A Win-Win Phase’
The well-established negative relationship between the price of gold and the U.S. dollar will lose some of its power in the near future, allowing gold to climb further, said Bloomberg Intelligence’s Mike McGlone. “The elevated gold-to-greenback negative correlation should diminish, likely coinciding with higher metal prices,”… (Continue to full article)

The Federal Reserve Is Increasing The Pace Of Interest Rate Hikes Just In Time For The 2018 Mid-Term Elections
If the Federal Reserve really wanted to hurt the U.S. economy, the quickest way that it could do that would be by aggressively raising interest rates. Lower interest rates make it less expensive to borrow money, and therefore economic activity tends to expand in a low interest rate environment. Alternatively, higher interest rates make it more expensive to borrow money, and economic activity tends to slow down in a high interest rate environment. Since 1913, the Federal Reserve has engaged in 18 previous rate hiking cycles, and every single one of them resulted in a huge stock market decline and/or a recession. It will be the same this time around as well, and the “experts” at the Federal Reserve know exactly what they are doing… (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

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Fishin’… but I can be reached!

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

June 5, 2018: 50 Years from Yesterday

On this day in 1968, some ten years after I sat in a bank in Mukwonago, Wisconsin – where I purchased my first silver coins out of a bag in a Vault – I landed in Viet Nam where I would experience a twenty-one month long adventure – one that would guide me for the next half century. ~ J. B.

DEheadlines_orig

Why Gold is a Terrible Investment… and will Save the Lives of your Children
The main value of gold comes from our  **agreement** among ourselves to use it as a “store of value”.

The carpenter can trade his chairs for gold whenever someone wanting chairs shows up at his door, **and** at any later time the carpenter can, when he is hungry, trade his gold to the farmer for food.

It is the farmer’s willingness to trade food for gold and the carpenter’s willingness to trade tables and chairs for gold, that solves the “coincidence of wants” problem.

The farmer and the carpenter do not need to want to trade their items at the same time, they can store the value of their trades in gold and trade the gold at any time in the future for the items they want… (Continue to full article)

Housing Bubble Pathologies Start to Bite – Yet Another Sign the Cycle Has Peaked
The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel smart for having bought, home seekers have to pay up, but not too much… (Continue to full article)

15 Signs That The Middle Class In The United States Is Being Systematically Destroyed
In order to have a thriving middle class, you need middle class jobs, and our country is in desperate need of more of those jobs. At this point most American families are living on the edge, and more are falling into poverty with each passing month… (Continue to full article)

Price Transparency in Health Care Has Gotten Worse
The push for increased pricing transparency in health care over the past decade or so has been a flop, judging from new research published in the Journal of the American Medical Association . The… (Continue to full article)

Get “Positioned In Gold” Now As “You Will Not Have Time To Get Positioned” Later
This year’s “gold standard” of gold-related research has just come out. Conveniently enough – given gold’s “safe haven” reputation – it’s arrived just in time for another major financial market scare, this time in the form of Italy. Below, I consider some of the most pertinent points… The monetary tide is turning – but… (Continue to full article)

Gold’s Monetary Rehabilitation
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of its demise as the world’s reserve currency, but there is certainly a move away from it in Asia. And every time the Americans deploy their control over global trade settlement as a weapon against the regimes they dislike, nations who… (Continue to full article)

Gold’s 12 Month Road To $1700
The next Fed rate hike is only about two weeks away, and another ramp-up in monthly quantitative tightening is scheduled for the end of June. Investors are generally quite positive about the economy, but they don’t have much cash to invest. Most citizens of the Western world have meagre savings, a lot of debt, and inflation threatens to make matters worse for them. A lot worse. With each passing month, more institutional money managers and… (Continue to full article)

Here Is How Inflation Will Help Gold Get Its Glitter Back
Inflation played a key role in “stabilizing” gold prices over the last couple of years and it is now at a point where it can be of great benefit to the precious metal, according to Leuthold’s chief investment strategist. “Inflation pressures have been ‘slowly’ building, helping to stabilize the price of gold, and an important indicator recently suggests that inflation has reached a point which should prove much more beneficial to the yellow metal”… (Continue to full article)

If You’re An Illinois Taxpayer With High Blood Pressure, Don’t Read This
In Illinois, some of the worst performing school districts award the largest salaries – and it hasn’t helped student scores…… (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

“Holy Grail” of Spanish Treasure Galleons Found Off Colombia


Oil painting showing the explosion of San José during Wager’s Action. Credit: Samuel Scott, Public Domain

The San José went down in 1708 filled with gold, silver and gems now worth billions of dollars

Ask a modern-day treasure hunter what ship they’d most want to find and many would say they’d give their right arm to discover the wreck of the San José, a Spanish treasure ship that went to the bottom of the Caribbean Sea in 1708.
Continue reading

Posted in Out of the Past | Leave a comment

Dateline: May 28, 2018

DEheadlines_orig

The End Of Stimulus? (And The Start Of The Crash?)
We are still paying the price from 2008, when the central banks committed a massive error by not allowing the markets and their bad debts to actually clear. Yes, it would have been acutely painful; but we would have been through the worst within a year or two and in the process restored the system to a much healthier and sustainable state. But now, the pain of the 2008 crash will seem like a mere flesh wound compared to the devastation the next deflationary wave will wreak. That’s when the inevitable fiat currency crisis will begin in earnest. At that time you’ll need to run, not walk, to buy anything with intrinsic value that can’t be inflated away — before your currency becomes worthless… (Continue to full article)

Getting Rich On Taxpayer-Backed Subprime Mortgages
The Government now guarantees mortgages which require no money from the buyer’s pocket for a down payment, a 50% DTI (monthly total debt payments = 50% of pre-tax personal income), no income restrictions and will finance down to a 580 credit score. Someone with a 580 score has a track record of debt default, serial delinquency and, quite likely, a recent bankruptcy… (Continue to full article)

Why America Is Heading Straight Toward The Worst Debt Crisis In History
“Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate…We are literally on a path to national suicide.”… (Continue to full article)

The ‘Axis of Gold’ Will Drive Gold Higher by the End of 2018
A major blind spot in US strategic economic doctrine is the increasing use of physical gold by China, Russia, Iran, Turkey and others both to avoid the impact of US sanctions and create an offensive counterweight to US dominance of dollar payment systems… (Continue to full article)

Thinking of selling your home?
Do it before 2020, economists say. Prospective home buyers these days are probably feeling pressure to lock in a deal quickly given skyrocketing home prices across most of the country. But those who wait a couple of years may be rewarded… (Continue to full article)

Debt Slaves, Part 1: Million Dollar Student Loans And The Coming Bailout
oday’s Wall Street Journal is profiling an orthodontist who has $1 million in student loans, is paying less than the interest that’s accruing, and because of this will owe $2 million in the not too distant… (Continue to full article)

Gold Is Rare and Valuable – 11 Must See Gold Visualisations
Since Ancient times, gold has served a very unique function in society. Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s why it’s been used by people… (Continue to full article)

Are Investors Finally Waking Up To The Opportunity In The Gold Market?
For years the mainstream investment world has looked on anyone who talks about gold and silver as if they are some sort of conspiracy theorist who just doesn’t understand the markets. Yet evidence… (Continue to full article)

Where the Debt Slaves Are the Most Vulnerable
I’m shedding a different light on consumer debt. This type of chart is trotted out constantly these days to show that American households are in fabulous shape when it comes to their ability to service their blistering record debts. The red line in the… (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)

The Coming Copper Crunch
Copper had one of it best years ever in 2017, rising 27% on the back of supply disruptions and steady demand from China, by far the largest copper consumer. Commodities analysts are usually wrong about copper supply, always predicting a glut in the market for the ubiquitous metal used in everything from piping for plumbing to wiring in houses, to components of electric vehicles. What they fail to account for is the inevitable stoppages at the major copper mines… (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

The Way Things Are…

No matter the political direction the wind may blow, and no matter what we are told on the news – the job market in America is not all that we are led to believe and although this video is a few years old, there IS a Cost of Livin’. Are you prepared to ‘pay the price‘?

I walked in to a McDonald’s the other morning after dropping off family at the airport, and what did I see? – two electronic devices which would allow me to place my order and pay for it – without using the services of a human being behind the counter. Continue reading

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

Why Gold Is The King Monetary Asset, Not Bitcoin

There seems to be a lot of misinformation being peddled on the internet about gold and bitcoin. One major misconception is the notion that bitcoin will replace gold as a monetary instrument. Some analysts, once stanch precious metals advocates now turned crypto aficionados, believe in such theories that there is too much gold in the world to be used as money or that it is now just a barbarous relic. Just a year or so ago, these same supposed analysts were criticizing the Mainstream media financial network talking heads for calling gold as a barbarous relic, but now have jumped on the bandwagon. Continue reading

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

Rickards: Blundering Into Recession

June 12 is just three weeks away…

That’s when the Federal Open Market Committee, FOMC, the Fed’s interest rate policy arm, will in all likelihood raise interest rates another 0.25%, the seventh such rate increase since the “liftoff” in interest rates in December 2015.

The market is currently putting the odds of a rate hike at 95%. Continue reading

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

Nearly 51 Million Households In The United States ‘Can’t Afford Basics Like Rent And Food

If the U.S. economy is performing well, then why can’t 51 million households in the United States “afford basics like rent and food”. A stunning new report that was just put out by the United Way ALICE Project shows that the gap between the wealthy and the poor in this country is perhaps the biggest that it has been in any of our lifetimes. In some of the wealthiest areas of the nation, homes are now selling for up to 100 million dollars, but meanwhile tens of millions of families are barely scraping by from month to month. Many believe that this growing “inequality gap” is setting the stage for major societal problems. Continue reading

Posted in The Mine or the Shaft | Leave a comment

Backing Up” Your Off-The-Grid Finances

History shows financial meltdowns surprise most people. Do you have an off-the-grid backup plan in place, just in case?

Our Financial System is Wobbling
One of the most critical systems that almost all of us rely upon is among the most complex and unreliable – the financial system.

News reports indicate that the financial networks are far more prone to breakdowns and malfunctions that most of us believe. To make matters worse some of the big banks seem to be preparing for the total failure or the current financial system.

Some examples of the unreliability of financial technology include: Continue reading

Posted in Let's Get Physical, The Mine or the Shaft | Leave a comment