Precious metals news

CoCo stands for contingent convertible capital instrument (CoCo) are is a hybrid capital security that absorbs losses when the capital of the issuing bank (such as Deutsche Bank) falls below a certain level.

A smart man, Greenspan quickly realized he could not advocate for this old, tried-&-true gold standard & run the Deep State's new credit money system.

We are probably looking at a major world monetary reform come as early as 2018. The speed with which this is unfolding is rather incredible.

Since the financial crisis, cash-strapped governments around the world have clamped down on tax evasion, with authorities investigating Swiss banks in Germany, France and the United States.

it’s been a virtual one-way street for GBPUSD ever since as it

Europe's banks have been back in the crosshair of the markets in recent weeks, with new attention to their multiple problems catalyzed by the Brexit vote.

Banks are dying & policymakers don't know what to do. Watch Deutsche Bank shares go to single digits & people will start to panic...

investors can't seem to get enough of Gold: their appetite for the safe haven has just risen to an all-time high, according to the latest flow report from Bank of America Merrill Lynch.

Expectations of monetary stimulus tend to benefit gold, as the metal is seen as a safe store of value & inflation hedge.

We are on the cusp of that event, & that is when the ridiculous prices for Silver & Gold become a reality, until it is not traded in any of the fiat currencies at all.

If the silver price closes above this threshold line by a significant margin, it could mean big trouble for the bullion banks who hold record silver short contracts.

"They can't prevent a recession forever..." - Mike Maloney. The stock market just hit record highs & a little-known catalyst may be behind the rally. In this video,

Don't ignore what an all-star roster of the world's richest investors is doing right now. They are buying billions of dollars' worth of Gold.

Silver is one of the top performing global assets of 2016. The fact that Silver is now leading Gold higher is a very significant technical development which suggest far higher prices.

"Freedom is hard to keep a& easy to lose. For that reason, when government starts encroaching, it's incumbent on a people to fight back."

How close are we to the "panic"? Celente says, "We are at the doorstep, & it's ready to go. Look at gold prices. Look at how they have been going up.

The belief by Wall Street that Germany will not allow Deutsche Bank to fail is fading. Post the Brexit, tensions are running high among the remaining members, as seen in the […]

This video was posted Monday, July 11, 2016.

Marc also explains - The New Bull Market in Gold and Silver

The June jobs report with its 287,000 new jobs lifted both spirits and markets drug down by the recent Brexit vote and other economic bad news. But the oft-reported numbers – jobs added and the unemployment rate – obscure the truth. In fact, the "real" unemployment rate remains above pre-recession levels.
As Peter Schiff pointed out in his most recent podcast, the numbers buried in the numbers tell a different story - a jobs market still struggling mightily even though the mainstream is in celebratory mode:
Overall, a mixed picture, but the headline number, the 287 versus 180 consensus, that’s normally the number the market trades off and that is exactly what happened.”