by Dan Norcini
Trader Dan Norcini
Talk about a fast turnaround out of nowhere! Crude oil was moving higher today after its big sell off yesterday. This morning’s catalyst for the upward move was news that oil stocks had unexpectedly shrunk. It had recaptured half of its losses from yesterday when it began to slowly fade and then fell sharply. The cause was news out of Saudi Arabia.
The Kingdom announced that it was lowering its official selling price for its crude oil. The cut was $1.00/barrel.
Brent crude was hit harder than WTI as the former made a 2 year low in price.
Continue Reading at TraderDanNorcini.Blogspot.ca…
Like Bob Chapman who passed away before him, Doctor Stan was part of a generation of pioneers who laid the groundwork for the modern alt media movement.
by James Corbett
The International Forecaster
On Monday morning, September 29, 2014, Dr. Stan Monteith, the host of the long-running radio show, “Radio Liberty” passed away from natural causes. He was 85 years old.
“Doctor Stan,” or “Grandpa Liberty” as he was known to his devoted listeners, was a passionate and tireless advocate for truth whose energy and enthusiasm for exposing what he termed the “Brotherhood of Darkness” led him to continue with a grueling five-hour-per-day radio broadcast schedule right up until the time of his final hospitalization and passing. A retired orthopedic surgeon, Doctor Stan was also an author, researcher, filmmaker, veteran broadcaster and tireless opponent of the forces of globalization.
Like Bob Chapman who passed away before him, Doctor Stan was part of a generation of pioneers who laid the groundwork for the modern alt media movement. Writing, lecturing and warning the public about the dangers of the hidden elite who puppeteer the events that make up our political reality before most of the current generation of alt media personalities (myself included) were even born, many of the issues that he helped to bring to the fore through his original research and reporting still impact events taking place in America and around the world.
Continue Reading at TheInternationalForecaster.com…
by JT Long
The Gold Report
Gold prices are down, but the prospects for fully funded development stories are up. In this interview with The Gold Report, Canaccord Genuity Analyst Joe Mazumdar shares the stories that are moving forward despite the downturn in commodity prices, and names some companies that could be the next takeover success stories.
The Gold Report: A strange thing happened over the last few months. The price of gold went down, but some of the junior mining equities are up. Can you explain what is going on?
Joe Mazumdar: Year-to-date gold is flat. But the Market Vectors Junior Gold Miners ETF (GDXJ:NYSE.MKT) is up 13%. Investors prefer owning the equity now rather than owning gold. This was not the case a couple of years ago when gold was going up to $1,900 an ounce ($1,900/oz) and far outperforming equities. Part of the reason was investors didn‘t believe gold could maintain that level, which suggests that equities were overvalued at the time. Now the overall thesis is that gold has bottomed and the equities are undervalued. We don’t believe all mining equities are undervalued, but there are some with management teams that can deliver the goods, whether it’s in exploration, development or production, and are seeing a premium for their projects that make sense.
Continue Reading at TheAuReport.com…
GLD declines again by 1.20 tonnes/inventory 768.66 tonnes/silver inventory rises late last night by 4.075 million oz to 350.086 million oz/silver and gold advance/Dow plummets/Hong Kong still in turmoil
by Harvey Organ
Harvey Organ’s Daily Gold & Silver Report
Gold closed up $4.10 at $1214.60 (comex to comex closing time ). Silver was up 21 cents at $17.21
In the access market tonight at 5:15 pm
GLD : we lost 1.20 tonnes of gold inventory at the GLD (inventory now at 768.66 tonnes)
SLV : as of late last night we had a huge gain of 4.075 million oz in silver inventory at the SLV. It looks like the bankers cannot raid the SLV for physical silver because there is none…just paper silver
Continue Reading at HarveyOrgan.Blogspot.ca…
The Easiest Passive Income You’ll Ever Make
by Outsider Club
How would you like to make double-digit returns by sticking it to the big banks?
They nickel-and-dime you and me with extra fees, write off tens of billions of dollars in bad loans… and then they get bailed out by us taxpayers!
Is it all just a big racket?
Continue Reading at OutsiderClub.com…
by Steve St. Angelo
The Primary Silver Mining Industry continues to suffer from manipulated low metal prices. Although, the prices of the precious metals finally turned around and are trading higher today as the broader markets get hammered — a welcome change.
According to company results, the top 12 primary silver miners (in my group) overall production increased substantially in Q2 2014 compared to the previous quarter, however profits declined.
The table below compares the Q1 vs Q2 2014 combined financial metrics and estimated break-even of these top 12 primary silver mining companies:
Continue Reading at SRSRoccoReport.com…
by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
In a Time Magazine Op-Ed, Congressman Charles Rangel (Democrat from New York), a combat veteran says It’s Time for a War Tax and a Reinstated Draft.
While I am optimistic about our Commander-in-Chief’s strategy to defeat the Islamic State of Iraq and Syria, I voted against the Continuing Appropriations Resolution 2015 that would grant the President the authority to provide funds to train and arm Syrian rebels against the enemy. I opposed the amendment because I strongly believe amassing additional debt to go to war should involve all of America debating the matter. That is why I have called for levying a war tax in addition to bringing back the military draft.
Both the war surcharge and conscription will give everyone in America a real stake in any decision on going to war, and compel the public to think twice before they make a commitment to send their loved ones into harm’s way.
Continue Reading at GlobalEconomicAnalysis.Blogspot.com…