From TheSecondCityNetwork
Monday, September 16, 2013
Vanessa Collette interviews David Morgan on Silver
From Cambridge House
David Morgan from The Morgan Report chats with Vanessa Collette at
Cambridge House's Toronto Resource Investment Conference 2013 about the
price of silver and what's happening in the mining sector.
Now the Fins want their Gold Back from the Bank of England
Supplied by a referendum, the purpose of which is to determine the will of the people of Finland to return Finnish gold reserves to Finland.
The referendum date, being no later than May 2014 .
On the back of Poland wanting their gold back (see here) now the Fins are calling for a referendum on returning their gold from the Bank of England.
Article link (following has been translated by Google with my own fixes)
Reasoning
Gold is of strategic importance as an asset to insure the value of money. In previous currency crisis, when people have lost confidence in paper money, gold has repeatedly stabilized financial markets and restored confidence. Gold can not be printed, unlike paper money, and gold is therefore a structural stopper during a currency collapse.
Finland has 49.1 tonnes of gold reserves. This gold is divided geographically with the main repository being the Bank of London. Most of Finland's gold outside Finland.
Venezuela and Germany have made the decision to repatriate their gold reserves and many other countries have taken initiatives for repatriation of gold reserves. This reflects the fact that many states are bracing for a possible currency crisis. Germany has been told by the USA that repatriation of their gold reserves will take approximately 7 years. This long delivery time is not justified in any way, and it may be a sign of a supply problem. The Gold market is leveraged, and if all the gold owners would like to take physical gold delivery there would not be enough gold for everyone. Globally, there are more gold ownership contracts then there is gold. If the desire by national governments to repatriate their gold the last state to ask may miss out.
Only in our possession can gold act as an insurance policy for possible currency crises. When Finland's gold is on home soil it is not subject to foreign country's counter party risk.
Finnish people have not been previously asked about how the Finnish national wealth of gold reserves should be treated and maintained. This is the current gold market at a time when there are significant changes in the monetary values and further developments are uncertain.
Representatives:
Ilkka Michael Hikipää,
Helsinki
kultakotiin@gmail.com
Marko Petri Ilmari Pitkänen, Espoo, Finland
markopitkanen1@gmail.com
Scandal Brewing as Metals Manipulation Cover-Up Nears Critical Point of Mainstream Awareness
From silverdoctors
Published on Sep 13, 2013
In this week's Metals & Markets, Ronald Mann, CEO of DNA Precious Metals joins Eric Dubin & The Doc.
Published on Sep 13, 2013
In this week's Metals & Markets, Ronald Mann, CEO of DNA Precious Metals joins Eric Dubin & The Doc.
Sunday, September 15, 2013
Keiser Report: Deja Fraud
From RT
Published on Sep 14, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert, report from the heart of hedge fund land in Stamford and Darien, Connecticut, where they discuss the deja fraud of highly leveraged markets five years after Lehman collapsed and the nonsense job economy in which highly trained engineers spend their working lives dividing one simple mortgage into thousands of pieces of complex derivatives like piles of stinky fried fish. In the second half, Max interviews Jim Rickards, author of Currency Wars, who compares the Fed relationship to the BRICS nations to that of a drunk driver who runs down pedestrians and then blames the pedestrians for being in the way.
Published on Sep 14, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert, report from the heart of hedge fund land in Stamford and Darien, Connecticut, where they discuss the deja fraud of highly leveraged markets five years after Lehman collapsed and the nonsense job economy in which highly trained engineers spend their working lives dividing one simple mortgage into thousands of pieces of complex derivatives like piles of stinky fried fish. In the second half, Max interviews Jim Rickards, author of Currency Wars, who compares the Fed relationship to the BRICS nations to that of a drunk driver who runs down pedestrians and then blames the pedestrians for being in the way.
Weekend Chillout - Peace Train
With the Russians managing to prevent the US starting WWIII (what because they were late to the last two, they want to be really early to this time?) this week (see story) it seems the we have at least a few passengers on the Peace Train.
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