Tuesday, April 23, 2013

Keiser Report - Psyops & Debt Diets

From RussiaToday

In this episode of the Keiser Report, Max Keiser and Stacy Herbert follow the ounces not the prices in the precious metals market and discuss the psyops of the gold war where sales of 1100 tons (45% of annual new supply) is sold into the market at once in order to alter behavior. They observe crowds stampeding in the East for more physical gold while in the West, people are put on a restricted debt diet controlled by their governments based on needs not wants. Finally, they discuss the conflicts of interest at the heart of CISPA and Max starts his own hashtag - #AmericaFatigue. In the second half of the show, they talk to Wolf Richter of Testosteronepit.com about gold smashes, wealth grabs and government and Wall Street corruption.

Link to Hugo Salinas Price's Psyops article

Andrew Maguire on the disconnect between the Physical and Paper Price for Gold

Andrew Maguire discusses the recent crash in the gold price, LBMA delivery issues and the need to get your gold out the control of the bullion banks. Listen to the KWN interview here

The job losses and mine closures start following the Gold Price Crush

Now that we are seeing the greatest demand for physical gold and silver in the history of the world the mine closures have started. Because we all know that in a free market when you have unprecedented demand for a commodity the producers of that commodity will need to lay off staff and curtail production.

From smh.com.au

Original source

Newcrest Mining cut 150 jobs during March and is reviewing the future of some mines with "considerable" focus, as the recent plunge in the gold price continues to take a toll on Australia's fourth biggest mineral export industry.

The gold industry held strong as other commodities began to slide over the past 18 months, but succumbed to a sharp slump over the past fortnight when the price fell by about $US300 to around $US1320 per ounce.

The Hidden Valley mine in Papua New Guinea, which Newcrest owns 50 per cent of in a joint venture with Harmony Gold, is one such mine, given it produced at a cost of $1790 per ounce in the March quarter.

Read more: http://www.smh.com.au/business/newcrest-mines-under-review-20130423-2ibfl.html#ixzz2RF36upU3

The Resident: How the Economy Is a Ponzi Scheme

From RTAmerica

Counting the Cost - Gold: going for broke

From AlJazeeraEnglish