Monday, February 3, 2014

U.S. Mint Gold-Coin Sales Jump 63% in January; Silver Triples

From Bloomberg.com

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Sales of gold coins by the U.S. Mint rose 63 percent in January to the highest since April as futures rebounded.

The volume climbed to 91,500 ounces from 56,000 ounces in December, while sales of silver coins almost tripled to 4.78 million ounces, the highest in a year, mint data showed yesterday.

In January, gold futures rose 3.1 percent, snapping a four-month slump, as a rout in emerging-market currencies increased demand for the metal as a haven. Mints from the U.S., the world’s biggest, to Australia boosted sales with Austria’s Muenze Oesterreich AG operation running 24 hours a day to meet a surge in demand.

“Any kind of uncertainty attracts people to gold,” Scott Carter, the chief executive officer of Los Angeles-based Lear Capital, said in a telephone interview. “The long-term buyers accumulate gold every time there is a drop.”

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Jan Skoyles - The Paper Silver & Gold Dominoes Are Falling

From SGTreport.com

Published on Feb 2, 2014

Writer and researcher Jan Skoyles joins us to discuss German gold, the paper silver and gold Ponzi, three dead international bankers in one week and the stunning work of her pal Koos Jansen, the man Harvey Organ calls the 'go-to researcher" when it come to Chinese gold accumulation and the Shanghai Gold Exchange.

Sunday, February 2, 2014

$20,000 Gold?

From FinanceAndLiberty.com

Keiser Report: Round Tripping Financial Crisis

From RT

Published on Feb 1, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss accounting fraud as the new opium for China and how it is that we keep roundtripping to financial crisis because every time we get to tomorrow we've already spent it yesterday. The also discuss raining the marmite of fraud on a ten foot tall Janet Yellen.

In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about the unintended consequences of money printing, the China mirage where the GDP statistics are for 'reference purposes only' and about later this year when Greece will also 'roundtrip' its way to a 3% GDP growth mirage.

Bonus Chillout - Happy!

A bonus Chillout this weekend. Thanks to Max Keiser for the link.


Australia's 1 Tonne Gold Coin showcased in Vienna

Not sure what the Surfer's Paradise meter maids were doing in this video, not that I am complaining.

From Perth Mint

Friday, January 31, 2014

Weekend Chillout - We Won't Forget You Ben


Today is the last day for Ben Bernanke in his role as the US Federal Reserve Chairman. Whilst he won't be remembered fondly by all, he really should be by precious metals bugs, for without him stimulating our passion we would never have had the stellar recovery in prices from the 2008/2009 lows.

Mix by underground LA DJ Jessie Andrews


Rand Paul to file class-action lawsuit against NSA

From RT America

Published on Jan 30, 2014

Sen. Rand Paul (R-Ky.) is planning to file a class-action lawsuit against the National Security Agency for spying on Americans with its bulk metadata collection programs. At the State of the Net conference in Washington, DC, Paul questioned the constitutionality of using one warrant to collect hundreds of thousands of records. RT's Ameera David talks to Wes Benedict, executive director of the Libertarian National Committee, and Matt Binder, a producer at The Majority Report, about the constitutionality of the NSA's surveillance programs and other news about the spy agency.

Boom Bust - Thomas Palley: 'Sorry, but Paul Krugman isn't a real Keynesian'

From Boom Bust