Tuesday, July 26, 2011

Tuesday cinema & library (midnight update)

1:41 pm (Hawaii) I admit it. Unless I'm physically away from a computer, there's no way I can sit and not pay attention to spot prices of gold (currently 1619) and silver (40.81). Almost as bad: I check many times a day the price of physical metal I've bought. I know it takes so little to knock down the price of spot and an American Silver Eagle, but it's addicting to look for the price.

I also know that if the CME mafia were to completely decapitate gold and silver, I'd be buying at bargain levels without regret. So would a lot of people. So would a lot of investors, hedge funds, billionaires and central banks. With the CME mafia protecting 41 in silver and 1625 in gold, price could scale down below 39 and 1575 overnight. Or in minutes. I'm prepared for possibilities.

Update 3:45 pm (Hawaii) By far, the best read of the day, perhaps the week and month, is from Silver Shield. His long piece on China, the Hong Kong Metals Exchange (now trading silver futures), the En+ Group and the Rothschilds is a fascinating read, even for doubters.

CNBC: Soros: China must be brought into the New World Order (Nov 8 2009)
CNBC: Evelyn De Rothschild long gold (Sept 20 2009)

(new) cfinl72: Charles Goyette (July 27)
(new) TheYoungTurks: Polls: President Obama's base eroding (July 26)
Keiser Report: Mass Psychosis (July 26)
morganslv: Silver @ $40.53 (July 26)
silverfuturist: Silver up, the bond trade of the year (July 26)
TheLordHumungus: The 4 best items to stockpile (July 25)
Gold Resource Corp.: Gold: Independent money (July 21)
TheYoungTurks: Cenk leaves MSNBC (inside story) (July 20)
> He reveals how fucked up TV mainstream media really is when it comes to truth-telling.


Guardian: Soros to close hedge fund (July 26)

(new) SilverGoldSilver: The Silver Man Cometh (July 26)
(new) Golden Truth: Housing just gets worse (July 26)
Chris Ciovacco: Commodities share indecisiveness with other markets (July 26)
Przemyslaw Radomski: Is this a true breakout or are we in for a correction? (July 26)
> "For now, at least a short-term correction appears likely."
David Zeller: Brace for the worst as debt ceiling crisis deadline nears (July 26)
Martin Hutchinson: If you want to flee the US dollar, here are 4 places to hide (July 26)
Kerri Shannon: Don't miss the chance to profit from silver price rebound (July 26)
Jesse's Cafe Americain: Option expiry fizzle? (July 26)
King World News: Turk: Asian buying to fuel massive short squeeze in gold (July 26)
King World News: Massive shortage of available physical gold and silver (July 26)
Le Fly: The corporate jet guys win again (July 26)
Jake Gint: I should stay on vacation (July 26)
> "I hope you held onto your DGP, RGLD, SLW and ANV."
Jake Gint: Cash is golden (July 26)
Le Fly: Reducing exposure to take on risk (July 26)
> "I have no intentions to sell GSVC. If the stock dropped to $12, I'd triple my position."
chessNwine: Do you dare to rare? (July 26)
chessNwine: Challenging your patience (July 26)
William Norman Grigg: The missing lesson from Norway: Never trust a man in uniform (July 26)
Bill Bonner: Political paralysis brought on by govt spending (July 26)
Charles Kadlec: Is gold money? (July 26)
Frederick Sheehan: Bankruptcy: From Greece to Rhode Island (July 25)
Bill Bonner: In defense of the empire (July 25)
Le Fly: The Republicans are right (July 25)
Scott Blier: I'm gonna tell you how it's gonna be, bizarro version (July 24)
Don't Tread on Me: 'I get it now' (Mar 3)

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