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2.12.16 - FALLING MARKETS, RISING GOLD

Gold last traded at $1,239 an ounce. Silver at $15.79 an ounce.

NEWS SUMMARY: U.S. stock markets rallied Friday - after sustaining sharp losses in the prior four trading days - as oil prices surged. Precious metal prices consolidated recent gains which lifted gold prices up nearly $100 an ounce this week.

What negative rates mean for average investors -CNBC
"Despite the Federal Reserve raising its overnight rate in December, an increasing number of people are now calling for the Fed Fund rate to go negative. The chatter around negative rates has become so loud that Janet Yellen addressed the issue on Wednesday saying that while there may be legal issues with lowering rates below zero, the central bank can likely do it if it wanted to. The hope is that negative rates will force banks, which store money at the Federal Reserve, to spend their cash rather than pay the central bank to keep it. That would in turn spur the economy. But what often gets lost in this discussion is what happens to the average investor — and the outcome isn't pretty."

gold coins The link between falling markets, falling political establishments and rising gold -Lowell Ponte
"We may be witnessing a revolution to restore integrity to both our money and our politics. Stock prices since the start of 2016 have been plummeting, and gold is soaring, as people lose faith in the powers that conjured a fake prosperity based on paper money, politicized markets, and zero interest rates. Voters in the U.S. are rejecting candidates of the old ruling elites in both major political parties. Candidates who promise to overthrow these elites, such as businessman Donald Trump and Texas Senator Ted Cruz, are winning big. Even democratic socialist Vermont Senator Bernie Sanders is winning against a “Progressive” opponent who has pocketed more than $20 Million from crony capitalist Wall Street entities. Sanders' policies may be wrongheaded, but at least he is honest about his far-left ideology and what he would do if elected. Full story

Austrians Need Constitutional Right to Pay in Cash -Bloomberg
"Austrians should have the constitutional right to use cash to protect their privacy, Deputy Economy Minister Harald Mahrer said, as the European Union considers curbing the use of banknotes and coins....'We don’t want someone to be able to track digitally what we buy, eat and drink, what books we read and what movies we watch,' Mahrer said on Austrian public radio station Oe1. 'We will fight everywhere against rules' including caps on cash purchases, he said. EU finance ministers vowed at a meeting in Brussels on Friday to crack down on 'illicit cash movements.'"

According to Swiss America's White Paper, THE SECRET WAR (ON CASH), capital controls on cash deposits and withdrawals are already under way in the U.S. Did you know that under threat of regulatory punishment, banks must now spy on you for the government and report any suspicious cash activity? It's true, financial privacy is fast becoming a thing of the past.

1981 Movie "Rollover" Predicts 2016 -You Tube
"This is how a fiat currency collapses. It is a sudden awakening that societies have when they realize that their currency is nothing more than a government promise on a piece of paper, and it is worthless. Beat the panic and dump your dollars for gold and silver."

Saint Valentines Day economics -Real Money Perspectives
1 + 1 = 4 ?! - CNBC reports, "Couples who get and stay married can have as much as four times the wealth of their single or divorced peers." So it looks like old Mark Twain was right; "To get the full value of joy you must have someone to divide it with." Happy Valentines Day!

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2.11.16 - GOLD RUSH 2016!

Gold last traded at $1,247 an ounce. Silver at $15.79 an ounce.

NEWS SUMMARY: Stock markets worldwide tumbled Thursday amid rising fears over the health of the global economy, sending panicked investors running to the safety of precious metals. Gold prices spiked over 4% as the U.S. dollar sunk lower. In the first six weeks of 2016 gold prices have risen 18% and silver prices are up 14% - pushing them both into bull market territory.

Global market rout spurs safe-haven gold buying -Marketwatch
"Gold prices surged on Thursday as investors tried to escape the global market rout by hiding in safe-haven assets. Gold for April delivery jumped $58.00, or 4.85%, to $1,252 an ounce, setting it on track for the highest close in about a year. The move came as equities tanked in Asia and Europe and U.S. stock futures pointed to a sharply lower open on the back of uncertainty over growth in the global economy....'Gold’s sudden waking from its slumber has caught many people by surprise, myself included,' said Fawad Razaqzada at FOREX.com, in a note. 'Likewise, the stock market plunge has lasted a lot longer than what most people had probably envisaged when it first started to descend. Clearly, gold’s status as the ultimate safe haven asset has well and truly been confirmed, yet again,' he added."

Today's gold price spike comes as no surprise to our regular readers. As economic reality descends upon the world in 2016, ownership of precious metals is destined to be the very best wealth insurance on earth. Learn more about what's to come next for gold and silver in The Timeless Truth About Gold & Silver.

gold rush Gold’s Rising Role in a Global Economy -Craig R. Smith
"When it comes to a means of trade and exchange, it seems that the world has come full circle. In ancient times men bartered with grain and livestock as a method of payment. The intrinsic value of barley, spelt, millet … and pigs, goats and oxen was quite evident. There were 'sellers' with ample supply - and 'buyers' with tangible demand. Above all, there was a physical medium of exchange, and the universal value of a hog or a sheep was clearly understood....The first coins, struck in gold and silver, are attributed to the Lydians in Asia Minor or what is now Turkey in about 640-630 BC. It does not become a familiar currency, however, until the Song dynasty, an era of marked Chinese prosperity. With advances in printing, it’s no surprise that paper money first appeared in China as early as 740 BC....Since the invention of paper money, countless kingdoms, empires and nations have gone on to adopt local and/or state currencies. Some thrived but many failed as a result of war, subjugation and/or liberation, depreciation, default, hyper-inflation, societal collapse and most recently globalization....In this new era of globalization, gold’s role as a single, unifying force of value is perhaps more critical than ever before. Gold continues to be the foremost physical asset in an interconnected, electronic marketplace desperately in need of fundamental and intrinsic worth." FULL STORY

Financial crash could destroy capitalism -Telegraph
"They bounce back after terrorist attacks, pick themselves up after earthquakes and cope with pandemics such as Zika. They can even handle years of economic uncertainty, stagnant wages and sky-high unemployment. But no developed nation today could possibly tolerate another wholesale banking crisis and proper, blood and guts recession. We are too fragile, fiscally as well as psychologically. Our economies, cultures and polities are still paying a heavy price for the Great Recession; another collapse, especially were it to be accompanied by a fresh banking bailout by the taxpayer, would trigger a cataclysmic, uncontrollable backlash. The public, whose faith in elites and the private sector was rattled after 2007-09, would simply not wear it. Its anger would be so explosive, so-all encompassing that it would threaten the very survival of free trade, of globalization and of the market-based economy."

China's massive gold buying spree -CNN
"China's government doesn't share exact figures, but the vast majority of gold heading into mainland China passes through Hong Kong, which does make its records public. Gold imports to China have surged over 700% since 2010, according to the latest data from Hong Kong. Exactly what China is doing with all that gold remains somewhat of a mystery. The increasingly wealthy Chinese are buying, but that doesn't explain all the jump in demand. The government says its gold reserves have grown only a little in recent years. Experts question whether China is telling the whole truth."

Obviously CNN is unaware of China's outspoken ambitions to replace the U.S. dollar as the world's reserve currency. China's plans are explained in detail in our new 2016 World Money Report.

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2.10.16 - YELLEN TALKS STOCKS DOWN

Gold last traded at $1,194 an ounce. Silver at $15.28 an ounce.

NEWS SUMMARY: U.S. stocks drifted lower Wednesday after Fed Chairman Janet Yellen testified the slowing global economy will effect 2016 rate hike plans. Precious metal prices extended gains on safe haven buying as the dollar weakened following Fedspeak.

Best Investment When the Fed Turns to Negative Interest Rates -Money Morning
"European Central Bank (ECB) was the first major central bank to institute sub-zero deposit rates – a year and a half ago. You don't have to listen all that hard to hear the ever louder and increasingly frequent warnings that NIRP is headed for the United States. The evidence is becoming more compelling by the day....The world is headed down a path of exploding debt, fiat money, and negative interest rates for which there's simply no historical precedent. In this scenario, your best line of defense is to own some gold and silver as both insurance and for the serious upside potential."

We agree! In fact, as Craig Smith and Lowell Ponte have written in their last two books, the U.S. already has defacto negative interest rates, when rates are adjusted for inflation. In their latest book, WE HAVE SEEN THE FUTURE AND IT LOOKS LIKE BALTIMORE: AMERICAN DREAM VS. PROGRESSIVE DREAM they write, "The Fed and many other central banks around the world have an odd solution that brings us back to cash: let the interest rates fall below zero. Fall through the looking glass with Alice in Wonderland, many neo Keynesians now promise, and somehow even more negative interest rates will cause amazing new economic stimulus....Never having lived under the stability of America’s historic gold standard, many simply do not understand that far more reliable wealth preservers exist than paper money."

titanic Recession Just Ahead, Part 1 -DavidStockmansContraCorner
"The wise guys keep buying the dips owing to the simple proposition that there is never a lasting bear market without a recession. So after today’s blow-out we are likely to get another call to scoop up the 'bargains' because the correction has run its course and the US economy is still chugging along notwithstanding the contretemps in China and other places of purportedly limited moment. Indeed, on the basis of Wall Street’s muscle memory alone there is surely another dead cat bounce on its way any day. But here’s the memo. BTFDs (Buy the Failed Dip) is not working any more and, more crucially, there is a recession coming and soon. And then the bear will maul, not simply paw as today."

Negative rates 'new toy' around world -CNBC
"BlackRock's Rick Rieder said Wednesday he does not believe the Federal Reserve is contemplating negative interest rates, which have become all the rage in the euro zone and Japan. 'The new toy in the world of monetary policy is we're going to negative rates,' Rieder told CNBC's 'Squawk Box' ahead of day one of Fed Chair Janet Yellen's semiannual congressional testimony on the economy. 'I don't think the Federal Reserve is in a thought process of negative rates today.' 'The U.S. economy is slowing,' said Rieder, BlackRock's global fixed income CIO. 'Clearly the global economy is slowing. I think it's going to be hard for the Fed to go many times this year, if at all.'"

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2.9.16 - OWNING GOLD CREATES CONFIDENCE

Gold last traded at $1,198 an ounce. Silver at $15.44 an ounce.

NEWS SUMMARY: U.S. stock markets resumed their downward momentum Tuesday as global growth fears continued to plague sentiment. Precious metal prices were supported by growing bullishness and a weaker dollar.

Nervousness About Global Banking Giants Intensifies -NY Times
"An unsettling trend has emerged from the heavy selling that sent global markets tumbling this year: Investors are getting nervous about the world’s biggest banks. The concerns about the banks are clearly reflected in the stock markets, where shares in banking giants are plunging. But there are also ominous signs in markets that investors use to bet on the perceived creditworthiness of large financial firms....Analysts noted that the declines in bank shares had occurred as other traditional indicators of fear flashed more brightly. 'The fear trades are becoming more obvious - and one of those is dumping financial stocks,' said James W. Paulsen of Wells Capital Management."

Author and Swiss America chairman Craig R. Smith, detailed his growing concern over the major banking risks everyone now faces in his blockbuster 2014 book, DON'T BANK ON IT! If you have not read this book, please call or visit online to request an e-version.

goldmoney Gold Up 12%, Silver Up 11% YTD As Stocks Crash ... Again -Zero Hedge
"Gold jumped 2 percent to a 7-1/2-month high yesterday, briefly touching the psychological level of $1,200 an ounce. Falling bank shares and stock markets and worries over global economic growth and a new financial crisis prompted investors to seek the safety of gold. After surging over 5% last week, gold and silver continue to move higher as concerns about the U.S. and global economy saw more sharp stock market falls and reduced expectations of the Fed increasing interest rates....Technically, gold is looking better and better and the gains last week were the third consecutive week of gains....Momentum buyers and trend following funds are again making the 'trend their friend.'"

Precious metal prices are rising this year in response to the dramatic shift in the global financial and currency markets. All of this change and volatility is about to affect the dollar's value and every asset you own. Swiss America's new 2016 World Money Report outlines the rising global risks and the implications for your money.

The public's confidence in banks is eroding -Business Insider
"European institutions can’t find an answer as to whether and how to protect deposits in Italian banks. So Italy adopted new EU-mandated policies regarding bail-ins in January. The rules for these bail-ins require a bank’s shareholders and debt holders to absorb losses before taxpayer money can be used to assist a bank....As a result, individuals and small businesses that hold what they believe to be relatively low-risk investments are actually put in danger....For the middle class in Euro-American culture, banks are a secure place to store their lifetime assets. Once they are seen as insecure, various ploys emerge. People buy homes, gold, foreign currencies, or try, to get the money out of the country."

Gold Returns As Financial Markets Shudder -Forbes
"Gold is back on the radar screen of some risk-averse U.S. investors but it’s rating much higher in several other countries were a modern-day gold rush appears to have started. In South Africa, once home to the world’s biggest gold-mining industry, the price of gold has hit an all-time high of more than 19,300 rand, the local currency....Interest in gold as the global financial system comes under renewed pressure can also be seen in a sharp increase in the flow of funds into exchange-traded gold funds with the biggest fund, the SPDR Gold Trust, enjoying a 4% increase in funds last week, its biggest weekly gain since March, 2009."

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2.8.16 - STOCKS TUMBLE, GOLD CLIMBS

Gold last traded at $1,197 an ounce. Silver at $15.42 an ounce.

NEWS SUMMARY: U.S. stocks fell sharply Monday as lower oil prices and global growth concerns weighed on investors. Meanwhile, gold prices neared $1,200 an ounce amid heightened safe haven buying and a weaker dollar.

World economy shaky, ‘funny money’ won’t fix it -Telegraph
"Since the start of the year, over £4 trillion has been wiped off the value of global equities – that’s four, followed by 12 zeroes.US stocks endured a steeper first-week decline in 2016 than in any year since before the First World War....With US money-printing now on hold and rates seemingly on the up, many financial assets - from equities to bonds - look overvalued, not just in America but across the world. That’s the single most important reason global markets are so jumpy – because investors know, in their bones, that the strong gains of recent years have been built on debt and QE."

The 2016 World Money Report outlines which 'funny money' currencies are rising and which are falling and which countries are working together to secretly undermine the dollar. This special report also offers some keen insights into strategic wealth preservation during the potentially volatile times to come!

gold Haven buying spurs gold to 8-month high -Financial Times
"Gold climbed to an eight-month high as a weaker dollar and lower oil prices spurred haven buying and inflows from exchange traded funds. The precious metal rallied to $1,190.70 a troy ounce, the highest level since June last year. Gold has risen more than 11 per cent since the start of the year, making it one of the top commodity performers so far in 2016....Gold analysts believe investors will continue to seek a financial haven in the precious metal as long as uncertainty about global financial markets and economy remain."

Read The Timeless Truth About Gold & Silver for a BIG-picture overview of the seven timeless truths about what is driving precious metal prices higher, such as; why "money" either builds or destroys civilizations and how politicians from both parties have damaged our economy and destroyed savings.

Selloff in European banks 'ominous' -Marketwatch
"European banks have been caught in a perfect storm of market turmoil, lately. Lackluster profits and negative interest rates, have prompted investors to dump shares in the sector that was touted as one of the best investment ideas just a few months ago."

Author and Swiss America chairman Craig R. Smith, detailed his growing concern over the major banking risks everyone now faces in his blockbuster 2014 book, DON'T BANK ON IT! If you have not read this book, please call or visit online to request an e-version.

U.S. bank investors have suffered two lost decades -CNBC
"After an awful start to 2016, the S&P 500 bank index is at the same level as in the fall of 1996. Not that it hasn't been a rocky road: The banks doubled over the next 10 years, then crashed amid the financial crisis, before running right back to where they started. And bank investors did enjoy dividends over the years."

Russian Hackers Moved Ruble Rate 15% -Bloomberg
"Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15 percent in minutes, according to a Moscow-based cyber-security firm hired to investigate the attack....Russian-language hackers deployed a virus known as the Corkow Trojan to infect Kazan-based Energobank and place more than $500 million in orders at non-market rates in February 2015, Group-IB told Bloomberg, without identifying individuals behind the attack....The virus was also used in an attack on a Russian bank card system that resulted in hundreds of millions of rubles being stolen via ATMs in August, Group-IB said."

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2.5.16 - 2016: YEAR OF THE GOLDEN MONKEY

Gold last traded at $1,157 an ounce. Silver at $14.77 an ounce.

NEWS SUMMARY: U.S. stocks fell on Friday as mixed U.S. employment data raised concerns the Fed may be unable to raise rates this year. Meanwhile, precious metal prices shot up nearly 5% this week, despite a firmer dollar.

Is the REAL unemployment rate 4.9% or 9.9%? -CNBC
"The Labor Department said Friday that the U.S. unemployment rate fell to 4.9 percent in January, the lowest since February 2008. But does that tell the whole story? Most economists look past the main unemployment number (also known as the "U-3") to other metrics that provide more perspectives on the economy. While the U-3 rate measures all unemployed workers as a percent of the civilian labor force, the U-6 includes more. It's defined as all unemployed as well as 'persons marginally attached to the labor force, plus total employed part time for economic reasons' plus all marginally attached workers, as a percentage of the labor force. That means the rate for the unemployed, the underemployed and the discouraged remains stubbornly above pre-recession levels. The U-6 rate remained unchanged at 9.9 percent in January."

gold monkey Year of the Monkey: Another Stellar New Year for Gold? -Forbes
"Since the start of the year, gold prices have managed to jump back to multi-month highs as investors looked for a safe haven from tumbling equity and oil prices, and as concerns over the Chinese economy mounted....The unexpected rally seen in gold has propelled retail demand higher, with market participants expecting the trend to continue. Celebrated annually, the Chinese New Year is traditionally a time for exchanging tokens and gifts of money in red envelopes, which is also why gold demand tends to rise during this time of year. However, China’s affinity for gold doesn’t seem like it is going to fade anytime soon, especially as investors continue to seek safe havens and as the country’s central bank looks to increase its gold reserves."

Futurist and author Lowell Ponte will be a guest on Coast to Coast with George Noory Monday, Feb. 8th (midnight-2am PST) discussing the economic implications of the Chinese new year. Lowell writes, "The Year of the Monkey in Chinese astrology is a metal sign connected to gold. 2016 might be a prudently lucky year to diversify and balance your investment portfolio with gold to hedge against what politicians here and abroad are doing to devalue our paper currency."

Citi: World economy trapped in ‘death spiral’ -CNBC
"The global economy seems trapped in a 'death spiral' that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned. Some analysts - including those at Citi - have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S. 'The world appears to be trapped in a circular reference death spiral,' Citi strategists led by Jonathan Stubbs said in a report on Thursday....Stubbs said that macro strategists at Citi forecast that the dollar would weaken in 2016 and that oil prices were likely bottoming, potentially providing some light at the end of the tunnel."

Right now is the perfect time to take some stock market profits off the table and convert them into physical gold - before a 'death spiral' drags down your portfolio further. Get the BIG picture for the year ahead in our 2016 newsletter, RIGHT ON THE MONEY.

Chicago Stock Exchange Being Sold to Chinese -Bloomberg
"The Chicago Stock Exchange said a Chinese investor group agreed to acquire it, giving the buyer entry into the intensely competitive U.S. equity market. Chongqing Casin Enterprise Group has signed a definitive agreement to acquire the company, according to a statement Friday, which didn’t give financial terms. The exchange said the deal is expected to close in the second half of the year, though that will require regulatory approval....The acquisition would be the first of a U.S. exchange by a Chinese company. The 134-year-old bourse, which handles about 0.5 percent of U.S. stock trading, would give the buyer a beachhead in the $22 trillion American equity market, where regulations require trades to be routed to whichever exchange has the best price for a stock at a given moment."

The Chinese have big plans to dethrone the U.S. as the world's economic leader - which includes replacing the U.S. dollar as the world's reserve currency! Read this shocking new report, The 2016 World Money Report for the full story.

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