Is $40 WTI Now More Realistic Than $60?

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Authored by Tsvetana Paraskova via OilPrice.com, The current rise in oil prices is more of a fear trade right now, driven by fear of what is going on in the Middle East, rather than a result of growing OPEC chatter or inventory reports, Todd Horwitz, chief strategist at Bubbatrading.com, told Bloomberg on Wednesday. “The oil […]

Asia gold-demand sluggish as high prices deter buyers

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MUMBAI/BENGALURU, Nov 24 (Reuters) – The buying of physical gold remained muted across major Asian centres this week as higher prices dented demand, though seasonal demand could boost activity in top consumer China next month. In China, gold was sold at a premium of $5-$9 an ounce over the global benchmark, down from the $7-$10 […]

Macy’s Parade Security Used to Promote Surveillance and Police State

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Via The Daily Bell I don’t watch the news often. But the news was playing at the family Thanksgiving gathering. The Macy’s Thanksgiving Parade was on, and the newscasters were discussing the extreme security measures taken by New York City. The massive police presence was welcome according to the news. People were reportedly thanking police […]

High Court postpones Mining Charter redraft hearing to February

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SOUTH Africa’s High Court has postponed a hearing into the Mining Charter which had been set for December 13 and 14 deciding instead that the scale and complexity of the matter required a three day inquiry. Senior Judge Potterill today directed that the review matter be set down for a hearing on February 19 to […]

Which Days Offer The Biggest Discounts This Holiday Week

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Earlier today we discussed that as part of Black Friday’s gradual decline into irrelevance (it is now the 3rd busiest day behind Christmas and Cyber Monday), brick and mortar retailers – seemingly reserved to losing to online vendors – have decided to reduce shopping discounts substantially; according to WSJ calculations, 2016 discounts were no less […]

Mexico says no link between killings and dispute at Canada's Torex mine

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Mexican authorities have ruled out any link between a double murder near a gold mine owned by Canada’s Torex Gold Resources and a labour dispute at the operation, located in violent Guerrero state. The official statement (in Spanish) backs the company’s account, in which it said the two killed men were not its employees or contractors. The state […]

Salvator Fraudium's Bubble in Everything

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Well, everything except precious metals…   IN A WORLD awash with money, what price the last Leonardo da Vinci in private hands? asks Adrian Ash at BullionVault.   Am I bid half-a-billion dollars? Going once, twice…sold!   Last week saw Christie’s in New York sell a painting known as Salvator Mundi for over $450 million […]

Zimbabwe’s new president ED Mnangagwa’s inaugural address: Hope springs

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LONDON — After decades of isolation, Zimbabwe’s new leader Emmerson Mnangagwa is desperate for his country to rejoin the world’s family of nations because “isolation has never been splendid nor viable.” In a potent presidential inaugural address today, Mnangagwa fulfilled hopes of the growing army of optimists. He promises to put the rejuvenation of Zimbabwe’s agriculture […]

Life Under Manipulation

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Snippet:  We as individuals have little or no control over the state of markets, all we can do is adapt to market realities. In the case of silver, the reality is that it is in the grip of a price manipulation. History shows that various world governments have often artificially set the price of silver […]

George Soros' $18 Billion Tax Dodge Exposed

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Authored by Stephen Moore op-ed via The Wall Street Journal, The wealthy have tucked billions into private nonprofits… where the IRS can’t touch it. Congress is still scrambling to find ways to pay for its tax cut, so perhaps it should pay closer attention to last month’s news that George Soros had transferred $18 billion […]

Silver Miners’ Q3’17 Fundamentals

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Snippet:  The silver miners’ stocks have really languished this year, grinding sideways to lower for months on end. This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor. But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment. The silver miners’ recently-reported Q3’17 results […]