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by
Adam Taggart
Not everyone is a morning person. And few people like Mondays.
But if you're a precious metals investor, mornings – especially Mondays – are brutal.
The Evidence
The precious metals are routinely sold off at or soon after the 8am morning open of the New York NYMEX exchange.
Below are the daily gold price charts (source: Kitco) for each Monday (or Tuesday, if Monday was a holiday) since early this year. The current day's gold price is noted by the bright green line. The morning takedown is highlighted by the orange oval.
Gold’s Regular Morning Mugging
by Adam TaggartNot everyone is a morning person. And few people like Mondays.
But if you're a precious metals investor, mornings – especially Mondays – are brutal.
The Evidence
The precious metals are routinely sold off at or soon after the 8am morning open of the New York NYMEX exchange.
Below are the daily gold price charts (source: Kitco) for each Monday (or Tuesday, if Monday was a holiday) since early this year. The current day's gold price is noted by the bright green line. The morning takedown is highlighted by the orange oval.
by
Gregor Macdonald
Executive Summary
- Japan is intentionally devaluing its currency through money printing. The recent boost in the Nikkei is simply the result of this flood of new money.
- Japan industry is now experiencing cost increases on two fronts: inflation of the money supply, and rising prices on the global market for commodities.
- Rising bond rates are all but guaranteed.
- Gold vs. the yen is surging and will pick up momentum from here
- The ten predictable events that will happen next, as the unavoidable Japan disaster unfolds
If you have not yet read Part I: The Arrival of Japan's Sunset available free to all readers, please click here to read it first.
In Part II we explain why Japan has unequivocally entered the terminal phase of its 20-year reflationary experiment.
Further “abundance” harvesting from this point forward will be difficult if not impossible.
Is the devaluation of the yen really the successful technology that will fool nature? We think not. The outcome will have spectacular implications for many global assets, ranging from real estate, to stock markets, to oil and gold.
Observers of Japan from this point forward should be sober about the threshold the country has now crossed. Japan has effectively said to the world: Go ahead, make my day. Sell our currency, give us inflation, and get out of our bonds.
Japan has indeed taken to heart the Krugman dictum, and committed to irresponsibility.
The 10 Next Predictable Steps to Japan’s Unfolding Disaster
PREVIEW by Gregor MacdonaldExecutive Summary
- Japan is intentionally devaluing its currency through money printing. The recent boost in the Nikkei is simply the result of this flood of new money.
- Japan industry is now experiencing cost increases on two fronts: inflation of the money supply, and rising prices on the global market for commodities.
- Rising bond rates are all but guaranteed.
- Gold vs. the yen is surging and will pick up momentum from here
- The ten predictable events that will happen next, as the unavoidable Japan disaster unfolds
If you have not yet read Part I: The Arrival of Japan's Sunset available free to all readers, please click here to read it first.
In Part II we explain why Japan has unequivocally entered the terminal phase of its 20-year reflationary experiment.
Further “abundance” harvesting from this point forward will be difficult if not impossible.
Is the devaluation of the yen really the successful technology that will fool nature? We think not. The outcome will have spectacular implications for many global assets, ranging from real estate, to stock markets, to oil and gold.
Observers of Japan from this point forward should be sober about the threshold the country has now crossed. Japan has effectively said to the world: Go ahead, make my day. Sell our currency, give us inflation, and get out of our bonds.
Japan has indeed taken to heart the Krugman dictum, and committed to irresponsibility.
by
Chris Martenson
It’s characteristic of the time that we’re living in that there simply is no sense of consequence. And that’s exactly what you get when you have a Federal Reserve that’s out of control and a public that is filled with technological narcissistic visions of Santa Claus delivering rescue remedies on demand. And so there’s no general sense that when you do things, bad things can happen.
James Howard Kunstler is concerned. Sure, he still has the same issues with the West's highly energy-consuming suburban lifestyle that he famously brought to light in his books, The Long Emergency, the World Made by Hand series, and Too Much Magic. But beyond our decaying fundamentals, he's distressed by society's unwillingness to be honest with itself about the issue's it's facing.
James Howard Kunstler: The Dangers of the Age of Delusion
by Chris MartensonIt’s characteristic of the time that we’re living in that there simply is no sense of consequence. And that’s exactly what you get when you have a Federal Reserve that’s out of control and a public that is filled with technological narcissistic visions of Santa Claus delivering rescue remedies on demand. And so there’s no general sense that when you do things, bad things can happen.
James Howard Kunstler is concerned. Sure, he still has the same issues with the West's highly energy-consuming suburban lifestyle that he famously brought to light in his books, The Long Emergency, the World Made by Hand series, and Too Much Magic. But beyond our decaying fundamentals, he's distressed by society's unwillingness to be honest with itself about the issue's it's facing.
by
JW
by
Mat Stein
[NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]
What should you do if you are stuck in your car during a killer snowstorm?
In mid-December of 1992, unusually dry conditions had people cancelling their reservations for Christmas in Tahoe, but then the weather changed. A couple days before Christmas, it started snowing, and for the next three months it seemed to barely ever stop! The week between Christmas and New Year's, we averaged two feet of snow each day at our home in Truckee, and at nearby Donner Summit they averaged around four feet a day! The storms were so bad that at one point Highway 80 over Donner Summit was continuously closed for three days.
As the storm increased in intensity, the stream of bumper-to-bumper holiday traffic heading toward Reno moved slower and slower, eventually slowing to a complete stop. The snow kept falling at a rate of more than two inches an hour, burying thousands of stranded vehicles. Highway 80 over Donner Summit had turned into a 75-mile-long parking lot! Emergency vehicles could not get through. Snow plows could not get through. Cars ran out of gas from people idling their engines in attempts to stay warm. It was a three-day process to painstakingly remove each snow-bound car, one by one, along 75 miles of freeway. The restaurants and stores in Truckee ran out of food, and there were no available beds at any of the inns and hotels. Hundreds of stranded travelers slept on their jackets on the local high school's gymnasium floor – and they were the lucky ones compared to those who had been stranded in their cars, out of gas and freezing cold!
Every winter, thousands of people are stranded while driving in the snow. On more than one occasion, I have been overly confident in my abilities to drive in hazardous icy and snow covered roads, forgetting that while I may know how to drive in the snow, that does not mean the other guy does. When driving in winter weather, it is best to heed the old Yankee saying: Hope for the best, but plan for the worst!
Car Survival Tips for a Blizzard
by Mat Stein[NOTE: This article is adapted from When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival]
What should you do if you are stuck in your car during a killer snowstorm?
In mid-December of 1992, unusually dry conditions had people cancelling their reservations for Christmas in Tahoe, but then the weather changed. A couple days before Christmas, it started snowing, and for the next three months it seemed to barely ever stop! The week between Christmas and New Year's, we averaged two feet of snow each day at our home in Truckee, and at nearby Donner Summit they averaged around four feet a day! The storms were so bad that at one point Highway 80 over Donner Summit was continuously closed for three days.
As the storm increased in intensity, the stream of bumper-to-bumper holiday traffic heading toward Reno moved slower and slower, eventually slowing to a complete stop. The snow kept falling at a rate of more than two inches an hour, burying thousands of stranded vehicles. Highway 80 over Donner Summit had turned into a 75-mile-long parking lot! Emergency vehicles could not get through. Snow plows could not get through. Cars ran out of gas from people idling their engines in attempts to stay warm. It was a three-day process to painstakingly remove each snow-bound car, one by one, along 75 miles of freeway. The restaurants and stores in Truckee ran out of food, and there were no available beds at any of the inns and hotels. Hundreds of stranded travelers slept on their jackets on the local high school's gymnasium floor – and they were the lucky ones compared to those who had been stranded in their cars, out of gas and freezing cold!
Every winter, thousands of people are stranded while driving in the snow. On more than one occasion, I have been overly confident in my abilities to drive in hazardous icy and snow covered roads, forgetting that while I may know how to drive in the snow, that does not mean the other guy does. When driving in winter weather, it is best to heed the old Yankee saying: Hope for the best, but plan for the worst!
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Fauci's Private Diary Exposes Stark Contradictions on Lab Leak, Lethality, Lockdowns & Vaccines
by sand_puppy 
Peak Financial Investing
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