GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, October 28, 2014

Andrew Hoffman--Nothing Has Changed And Nothing Will

FOMC meeting Wednesday, “end of QE” expected
OTHER markets are crashing worldwide, particularly in Europe
Most yields, Treasuries included, continue to crash
Fed desperately attempting to prevent bond yields crashing
Dollar/euro has stabilized, but rest of the world’s currencies crashing
oil collapsing, under $80 this morning
Plunging U.S. economic activityv
Retail demand collapsev
Death of American icons, due to collapsing demand
Surging physical demand worldwide
Incredible Chinese gold demand numbers
Surging Indian gold demand, silver imports
Both U.S. Mint and Royal Canadian Mint on pace to match and/or exceed last year
GOFO rates in backwardation
Massive gold withdrawals from COMEX, GLD
Early polls show the “yesses” in the lead for 11/30 Swiss gold referendum

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