Monday cinema & library

Blogs

Toby Connor: Bear market rally has begun (Aug 29)

Reggie Middleton: Banking industry still looks dismal (Aug 29)

Reggie Middleton: Upcoming Italian auction can spark contagion, big US bank (Aug 29)

King World News: Peter Schiff - Dollar crisis to intensify gold, silver demand (Aug 29)

King World News: Embry - Incredible physical gold demand, premiums exploding (Aug 29)

Harvey Organ: Minor raid on silver and gold (Aug 29)

King World News: Richard Russell: Gold will break to new highs (Aug 28)

Chris Duane (Silver Shield): The Treasury is coming! (May 17)

Vlogs

I Bank Coin: PPT hybrid score (Aug 30)

James Turk: Richard Poulden interview (Aug 29)

H1INC: Silver manipulation confirmation (Aug 29)

Endless Mountain: The Silver Log - Case for $120 XAG (Aug 29)

Keiser Report: Chocolate gold from Geneva (Aug 29)

BrotherJohnF: Silver update - Silver event horizon (Aug 29)

Scrap Gold Business: 98% of sheeple don't want to face reality (Aug 29)

Scrap Gold Business: Gas grass or ass - No one rides for free (Aug 29)

Alexiscom1: Ron Paul 2012, critics and alternatives for US presidency (Aug 29)

Royal Metals Group: Silver, gold investment going mainstream (Aug 29)

SGT Report: Chris Duane (Silver Shield) (part 1) (part 2) (May 21)

Audio

Peter Schiff: Monday show (Aug 29)

King World News: Weekly metals wrap (Aug 27)

Reports

AP: Bank of America sells half its China bank stake (Aug 29)

Video

Yahoo: Jim Bianco urges caution (Aug 29)

Metal bling

MQ: Stackin' and packin' (Aug 29)

Weekend cinema & library (updated Sun 7 pm HST)

11:13 am (Hawaii) The House is voting soon. Supposedly. It barely matters. There is no long-term solution coming out of Congress this weekend. That makes all other "progress" moot. I'll look to trade around the momentum swings. Or not.

Update 11:57 pm (Hawaii) Senate shot it down in an instant. No surprise there. Only question is whether this is Greek or kabuki theater. Sheesh . . .

Update Saturday 8:58 am (Hawaii) Solid blog by Quint Tatro among today's new links.

Video

Dylan Ratigan: The US financial crisis: How did we get here? (July 30)

Al Jazeera: Fault Lines extra: Why affluent Americans decline interviews (July 29)

Fox: Mack's 'Penny Plan' to balance the budget (July 29)
CNN: Ron Paul interview (July 29)

Bloomberg: Ron Paul interview (July 29)

RT: Gerald Celente: 'Deal or no deal, the debt still exists' (July 29)

Yahoo: 3 reasons to stick with gold and silver (July 29)

Yahoo: 2011 proving to be horrible year for economy (July 29)

Yahoo: Obama calls for compromise on debt ceiling (July 29)

TheStreet: Cramer's top 3 stocks to buy if the US defaults (July 29)

TheStreet: Cramer: Buy gold, avoid gold stocks (July 29)

Bloomberg: Starbucks focuses on expansion; gold continues rally (July 29)

AP: Investing under cloud of US default (July 29)

CNBC: Uncle Sam's yard sale (July 29)

CNBC: Trump's take on the debt (July 29)

Yahoo: Some final words on money and happiness (July 28)

Sean Brodrick: A safe port in a stormy stock market (July 26)

Vlogs

(new) Bill Still: The bad numbers behind debt ceiling debate (July 31)

(new) SGTbull07: Bob Chapman, part 1: Gold standard is a must (July 31)

(new) SGTbull07: Bob Chapman, part 2: Oslo false flag? (July 31)

(new) GuildF40: Metals getting spanked (July 31)

(new) pdlumina: You are not going to unplug from the system until the system unplugs you! (July 31)

(new) MoneyBags73: With 2 days to default don't lose sight... (July 31)

MaxKeiserTV: Max Keiser and silverfuturist in NYC (July 30)
Peter Schiff: Debt ceiling theatrics, economy back in recession (July 30)

pdlumina: Real GDP growth negative 5-7% Economy unravels! (July 30)

george4title: The American Nightmare: People begin to lash out (July 30)

george4vlogging: Too much food, no nutrition in America (July 30)

ScrapGoldBusiness: End the Fed (July 29)

bigdad06: Volatility x1000! (July 29)

visionvictory: All eyes on the US as some in Congress say 'Enough!' (July 29)

Jim Comiskey: Daily market insights - Metals (July 29)

Bill Still: Debt limit debate, part 3 (July 29)

silverfuturist: Gold all-time high $1633.80! (July 29)

silverfuturist: Yahoo Finance pumps silver/gold??? (July 29)

Alexiscom1: Monetary reform in US dollar will resolve from this debt crisis (July 29)

bullorbearreport: Gold the shining light while the country deteriorates (July 29)

Al Korelin: Replies to listeners' comments (July 29)

endlessmountain: The Silver Log (July 29)

manoftruth: Debt ceiling, default and love (July 29)

george4title: Stealing tailgates, rewilding, clarity, $500-$800 tickets (July 28)

Larry Edelson: The abysmal dollar (July 28)

> "Gold could get up to 1650, 1700, but waiting for low-risk buying opportunity. Downside in silver is not complete. We will see 30, 28 dollars, possibly lower. I do not recommend anybody be invested in silver."

Bill Still: Debt ceiling debate, part 2 (July 25)

Bill Still: US debt limit, part 1 (July 24)

LaToya Egwuekwe: The Decline: The geography of a recession (Apr 8)

The House of Rothschild: Money's Prophets (Jan 24)

Niall Ferguson: The Ascent (and Descent) of Money (2010)

Audio

King World News: Weekly metals wrap (July 30)
King World News: Jim Rickards (July 30)
King World News: Michael Pento (July 30)
Money Radio 1510: History of the Debt Ceiling (July 29)

Bill Tatro: It's All About Money (July 29)

Money Radio 1510: Business for Breakfast, hour 1 (July 29)

Money Radio 1510: Business for Breakfast, hour 2 (July 29)

Wall St. for Main St.: Mo Dawoud, Jason Burack (July 29)

Al Korelin: Gold's record price and what lies ahead (July 29)

Al Korelin: Brien Lundin on reasons for continued gold market strength (July 28)
(new) NPR: China fears US debt default, but has few options (July 27)

Jim Puplava: Eric Sprott interview (July 27)

> 26-minute segment

Reports

(new) Reuters: Gold falls 1% as Obama announced debt deal (Aug 1)
(new) NPR: Is there a debt-ceiling deal: Yes and no (July 31)
(new) AP: 'Really close' to debt deal as deadline nears (July 31)

(new) CNBC: Countdown to debt ceiling 'D-Day' blog (July 31)

(new) CNBC: If the US defaults, lawsuits await (July 31)

(new) Guardian: Debt crisis: Companies now worth more to investors than US govt (July 31)

(new) NPR: China watches as Washington debates debt (July 31)

(new) Wall Street Journal: Live blog: US debt battle (July 30)

(new) Yahoo: Debt deal or not, confidence in America is shredded (July 30)
Mark Steyn: 'Life on this planet' about to change (July 30)

TheStreet: Economy unravels amid debt-ceiling circus (July 30)
> House rejects Sen. Reid's bill 246-173

(new) Bloomberg: Why the debt crisis is even worse than you think (July 29)

(new) The Hill: Moody's: Neither debt plan protects the nation's AAA rating (July 29)

(new) CNBC: Is this the 'hold your nose' and buy moment you've hoped for? (July 29)
New York Times: Wall St. prepared for the worst, in wait-and-see mode (July 29)

Wall Street Journal: House to vote on amended deficit plan (July 29)

Wall Street Journal: Treasury, Fed officials to meet with bankers (July 29)

Wall Street Journal: Moody's says US could keep its Triple-A, with an asterisk (July 29)

MarketWatch: Insiders selling at unusually fast pace (July 29)

Reuters: Growth anemic, debt row poses recession risk (July 29)

> Output increased at a 1.3% annual pace.

TheStreet: Return of 20% home down payments looms (July 29)

CNBC: It's time to buy big US banks (July 29)

CNBC: Washington is annoyed at Wall Street's failure to panic (July 29)

CNBC: Short auto dealers, long-dated treasurys: asset manager (July 29)

CNBC: Is Congress using 'wrongulator' for debt figures? (July 29)

Bloomberg: China should buy US equities instead of Treasuries, economist Xie says (July 28)

(new) Bloomberg: McDonald's to open a restaurant a day in China in four years (July 28)

CNN: 3 ways Obama could bypass Congress (July 28)

> Jack Balkin: "The Treasury (could) create two $1 trillion coins, deposit them in the Federal Reserve and write checks on the proceeds."

New York Times: Debt ceiling impasse rattles short-term credit markets (July 28)

Barron's: Once debt ceiling is hiked, markets have to confront growth (July 28)

Bloomberg: Default a 'black turkey' as advisers tell investors not to sell (July 28)

Bloomberg: IMF's Lagarde says US dollar may lose 'privilege' amid debt-limit crisis (July 28)

Time: Ron Paul, debt ceiling and GOP's apocalyptic wing (July 27)

Wall Street Journal: Long-term unemployment, by state (July 21)
Toledo Blade: Don't hoard your silver, president says of coins (July 23 1965)

Blogs

(new) SilverGoldSilver: Here we go again - IB raises silver margins (July 31)
(new) Patrick Chovanec: Will China dump US debt? (July 31)

Gary North: Obama v. Obama (July 30)
Quint Tatro: Your weekend and Washington (July 30)
SRSrocco: The complete cost of mining silver (July 30)
Turd Ferguson: Weekly charts (July 29)
Munknee.com: 90 analysts believe gold will go to $5,000/ozt — or more (July 29)
Lorimer Wilson: Here's the amount of gold bullion held by Top 10 countries (July 29)
Peter Schiff: Gold and silver beyond the limit (July 29)
Zero Hedge: Shit just got real: Primary dealers called to New Yor Fed for emergency noon meeting (July 29)

Turd Ferguson: (am) Another stair higher (July 29)

Zero Hedge: Massive short squeeze, flight to safety pushes 10-year yield to 2011 low 2.77% (July 29)

Zero Hedge: Lights out for the US economy as biggest cheerleader hangs up towel (July 29)

Brandon Smith: The essential rules of tyranny (July 29)

Jim Quinn: This country defaulted long ago (July 29)

The Silver Log: 07.29.2011 (July 29)

Paul Craig Roberts: Disastrous outcomes from orchestrated US public debt crisis (July 29)

Anthony Gregory: Why capitalism is worth defending (July 29)

Susan Westfall: On weasels and removal thereof through unified action (July 29)

Gary North: The ghost of Murray Rothbard haunts The Economist (July 29)

Business Insider: Investors pull almost $40 billion from money market funds (July 29)

Jeff Clark: The buzz around gold is growing louder (July 29)

David Galland: Five things you need to know about the economy (July 29)

Rob Bates: Gold price hinges on debt crisis, hits new record (July 29)

Le Fly: Dramatic rally is right around the corner (July 29)

Le Fly: Monster winship ending: A myriad of Fly buys (July 29)

> Back in WNR prior to earnings

Le Fly: A deal is coming (July 29)

Scott Blier: A balanced budget amendment? (July 29)

> "The outcome could prove to be very market-unfriendly, regardless of the outcome. SPX 1220 is not that far away."

chessNwine: Observation (July 29)

chessNwine: Comparing the carnage (July 29)

Thomas Carreno: Sell the rumor and buy the news (July 29)

Joseph L. Shaefer: Consider this controlled silver 'option' if you think US will default or be downgraded (July 29)

Przemyslaw Radomski: Will the debt ceiling debate coincide with the short-term ceiling for PMs? (July 29)

Shah Gilani: Surprising way a default or downgrade could crush global economy (July 29)

George Maniere: Stay positioned in gold, silver ETFs (July 29)

Golden Truth: Obviously, GDP number was a lot worse than expected (July 29)

Gold Report: Jay Taylor: Death of the dollar (July 29)

Jesse's Cafe Americain: Gold daily, silver weekly charts - Enjoy the show (July 29)

King World News: Hathaway interview (July 29)

(new) Arun Gupta: The 6 biggest lies about the US debt (July 28)

Cullen Roche: The freight train that is Chinese oil demand (July 28)

Toby Connor: Why the bullishness on gold lately has got me nervous (July 28)

(new) Tim Seymour: Brazil wades into currency wars with new Forex tax (July 27)

Ferdinand Ferfal: Thoughts on urban survival (2005)

> Classic, sometimes painful reading of what Ferfal and millions suffered for years in Argentina after the economic crash of 2001.

Blog reader commentary

Doc J: On debt & deficits (July 29)
beinki: beinki need break too (July 29)
latcho: De Nederlandse Bank: 'lock'm in' (July 29)

thecoloredsky: tankerfirstofficer (July 27)

Metal bling
(new) drutter: Low-light silver porn including NZ silver fern (July 31)
Collectors.com (forum): America The Beautiful 5-oz (July 12)

Mafia hit

8:56 am (Hawaii) Just when it seemed precious metals were going to sustain solid gains today, the CME mafia swooped in and popped gold and silver on the back of their heads. As Turd Ferguson has scribed many a time, JP Morgan/Comex has a vested interest in keeping Spot Gold below 1550, probably to support the argument to quantitatively ease, i.e. cut the risk of hyperinflation. Something like that.

All the miners that were up big the past few days are taking a major pummeling in the past hour. NGD is down from 10.32 to 10.06. DGP has dropped from 50.31 to 49.65. XG has gone from 12.86 to 12.46. EXK has slipped from 8.88 to 8.68. GLD was 151.52 just 40 minutes ago and fell to 150.56.

The puppet masters came in and did this while the market was idle, watching Bernanke's speech. This is the M.O., of course, sneaking in and baseball-batting everyone on the kneecaps while volume is THIN.

Ugly. This is why I don't mess with the market in this volatile state. There is no sense, no logic, no reason. It's simply manipulation by a bunch of motherfuckers who pull the puppet strings. They keep hitting the market, I'll add a little more physical. No government, no bank, no new world order can control the real price of gold and silver.