Saturday, April 20, 2013

Protect Yourself Before We Get Cyprused As Well


jsmineset.com / by Jim Sinclair /

Dear CIGAs,
The Official Fed document below says we will be Cyprused regardless of the barrage of denials being produced since we were so informed by the IMF and Dutch finance minister.
Day by day the safety of your deposits and retirement accounts becomes less. Are you ignoring it?
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Copper Inventories Rising

Since bottoming in October 2012, inventory levels of copper have risen 190% in warehouses operated by the London Metals Exchange.  That’s a huge and rapid increase, and it conveys a powerful message about the future for copper prices.

Back in September 2012, spot copper prices topped out at $3.81/pound, and they have now fallen 18%.  In terms of big drops in copper prices, this one does not rank very high among the big drops in copper prices over the past few years.  But it is producing a huge and rapid rise in copper inventories.

It is normal for prices and inventory levels to generally move in opposite directions.  When copper producers don’t like the market price and think that they can get a better one by waiting, they put their production into warehouse storage and wait for better times.  When prices rise up to or above a price level that the producers like, copper starts coming back out of inventory and onto the market.  So watching copper inventory levels can give us insights about where the producers think a fair price is. (more)
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The Secret World of Gold




The Secret World of Gold is a documentary exploring the power and politics of gold, a precious metal with more allure and fascination than any other.  Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold.

To finance the Third Reich, the Nazis went after the gold of Europe. Allied countries stored their gold offshore to keep it safe. In the first months of the Second World War, the gold of England and France was secretly shipped to vaults in Montreal, Ottawa and New York.

Those ships made it safely to port, but throughout history, many were not so lucky. It is estimated that worldwide, 3 million shipwrecks loaded with treasure lie at the bottom of the ocean. Odyssey Marine, an American company listed on the NASDAQ stock exchange, spends huge amounts of money to search for that gold. But there’s always the risk they will have to hand it over to countries claiming ownership.

France's gold was sent to North America during the war. Find out what happened to one shipment on the Emile Bertin.

In recent years, economic uncertainty is giving gold a new lustre in the world of high finance. Whether it’s a few gold coins or gold bars stored in one of the many vaults around the world, many investors are taking a shine to gold. But there’s not a lot of it. It is said that, even melted down, there would not be enough to fill an Olympic swimming pool (or maybe not - see sidebar)

Some claim that much of the gold held by the Bank of Canada, the Bank of England, the Federal Reserve and Fort Knox is gone — that for every 100 ounces of gold traded, there exists only one ounce of real, physical gold. So, where is the gold — and who really owns it?

Directed by Brian McKenna for Galafilm with CBC-TV.

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The Pension Crisis & Interest Rate Nightmare

Pension & Debt Crisis
armstrongeconomics.com / By Martin Armstrong / April 19, 2013
We are preparing a very important report on the Global Pension Crisis and the Interest Rate Nightmare that we face. Government will not reform. There will be no HYPERINFLATION because they have no intent upon just printing to meet obligations. That historically has taken place only in governments that are in the process of revolution, as was the case in Germany following the German Communist Revolution of 1918 known as the Wiemar Republic that set the stage for Hitler or Zimbabwe. When we are talking about established governments, they have always turned historically against their own people and confiscated assets. Forced Loans were common during the Middle Ages as well.
So we face a Pension Crisis of two fronts – (1) manipulated interest rates kept far too low that has deprived pension funds of income sending them into the insolvent arena, and (2) government have convinced themselves that if they can confiscate those assets that in the USA are $20 trillion, they can achieve by Forced Loan the funding of the national debt at $17 trillion and they retain power.
How will this resolve itself? How can we prepare for FORCED LOANS? What happens as the Sovereign Debt Crisis unfolds, can interest rates remain artificially low?
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Friday, April 19, 2013

Gold Stocks (GDX): If Not Now, When?

That was the question I asked myself after being 100% cash into the last hour yesterday and seeing the bottom fall out on the gold stocks once again. Classic trading methodology teaches that you do not try to catch a falling knife. ‘Screw classic trading methodology’ thought I, ‘I’m taking some positions’, which ended up being in the gold and silver bullion fund CEF (now selling at a discount), a few individual items I consider to be of relative quality and the leveraged NUGT in a high risk trading account.
The above was noted in an update to NFTRH subscribers in the last hour and certainly was not a call to action. It was just a note from a market manager who had been updating subscribers all along this frustrating journey since the gold stocks lost critical support in November. With that final plunge yesterday afternoon, something bullish welled up inside me.
But as usual, the chart takes out the human element (e.g. “something bullish welled up inside me”), so let’s look at the one for GDX, as it shows an awe inspiring picture of volume.
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Economic Armageddon Is Imminent: If you knew that paper monies all around the world were to collapse, what action would represent your best option

George Soros knows something dreadful is coming. The Rockefellers know something big and bad is about to happen. That something big is the imminent collapse of all fiat, paper money currencies around the world. In their secret Bilderberg meetings, the globalists have positively planned the exact date of our financial demise. You can even bet the next “black whatever day” will coincide with an ironic date which will make the globalists chuckle at the planned inception of next false flag event. You remember when the globalist minions crashed planes into the World Trade Center buildings on 9/11. The globalists planned a 911 event on 9/11. Get it? LOL!!!  Three thousand dead means nothing to the globalists.   
Nobody else but these psychopathic criminals, will be laughing when they roll out their financial collapse plan. And unfortunately, you and I do not have a seat at the table so we have no insider information to gauge when the financial collapse is coming. Just like 1929, most of us will have the lion’s share of our liquid assets (e.g. cash) in their criminal banks when the collapse occurs. However, there are some things that we can all watch out for.

Timing Is Everything

Although most of us do not have insider information there are indeed some tell tale signs that we can look for what could serve as warnings as to when the collapse will occur. It is more accurate to expect the collapse to be hinged on events rather than trying to pick a date on the calendar. (more)
 
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PulteGroup, Inc. (NYSE: PHM)

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. The company's Homebuilding segment is involved in the acquisition and development of land primarily for residential purposes within the United States; and the construction of housing on such lands. This segment offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Pulte Homes, Del Webb, and Centex names. As of December 31, 2012, this segment had approximately 670 active communities. Its Financial Services segment engages in mortgage banking and title operations. This segment arranges financing through the origination of mortgage loans primarily for homebuyers; sells such loans and related servicing rights; and provides title insurance policies as an agent, as well as examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010.
To review potential trading opportunities with Pulte's stock, please take a look at the 1-year chart of PHM (PulteGroup, Inc.) below with my added notations:
1-year chart of PHM (PulteGroup, Inc.) After rallying nicely from its June low, PHM has formed what may be a double top price pattern (blue). Double tops are reversal patterns and are as simple as they sound: Rallying up to a point (T), selling off to a support, and then rallying back up again to approximately the same top (T). As with any price pattern, a confirmation of the pattern is needed. PHM would confirm its pattern by breaking the $18 support (red) that has been created by the double top pattern.
The Tale of the Tape: PHM should be moving lower if it confirms its double top pattern. A short trade could be made on a break of support with a stop placed above the level. However, a trader could also go long at $18 as well if they believ PHM is simply consolidating.

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