Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

Precious Metals Market Report: 11 Nov, 2009

Catherine Austin Fitts' Mapping the Real Deal

Precious Metals Market Report

It’s the second week of the month. That means I am headed over to see Franklin Sanders of The Moneychanger at Top of the World Farm in Westpoint, Tennessee. I will be working out of The Moneychanger offices on Wednesday and Thursday.

After our usual lively dinner with the Sanders clan on Thursday evening, Franklin and I will join you for The Solari Report. After Money & Markets, we will cover new developments in the precious metals market over the last month and the outlook for the fourth quarter.

Gold prices are approaching $1,100, indicating that the $1,000 floor has been established. This is a significant development.

Some argue that prices in the precious metals market reflect the same carry trade liquidity propping up the stock market. Hence, a change in central bank policies or a US dollar rebound could drive gold and silver down, even by a lot. For those accumulating precious metals, the potential volatility of the gold and silver prices through the end of the year is an important topic.

We will be addressing questions from subscribers, including the most popular:

  • How do I start a local precious metals currency?

Additional questions include:

  • Could the gold price drop significantly? What are the downside risks?
  • Are gold price rises part of a “carry trade” bubble?
  • What are the pros and cons of holding gold in other countries versus in our own possession?
  • How does fiat currency devaluation occur?
  • Does Solari find the “Texas Ratio” a realistic guide to bank solvency?
  • Should we take the new Kitco gold index seriously?

I will also do a first segment on my response to the question subscribers have voted their second most popular: “How do I tell the truth and stay alive?”

In Let’s Go to the Movies, we will review Sir James Goldsmith’s interview with Charlie Rose of Bloomberg in 1994.

This interview was part of Goldsmith’s efforts to warn Americans about the consequences of adopting the General Agreement on Trade and Tariff (GATT) and the creation of the World Trade Organization, which would implement a global plan to devalue labor and industrialize agriculture.

For those who doubt the intentionality of a centralized effort to control global capital and resources, resulting in unemployment on a massive scale, this is strongly recommended.

Subscribers can access our full mp3 archive, including our precious metals reports. Here are key topics that The Solari Report has covered so far this year:

  • Top 10 FAQ’s of Buying Silver and Gold Coins
  • Ten Commandments of Gold and Silver Buying
  • Top FAQ’s about Precious Metals Markets
  • Options for an IRA or Tax-managed Account to Own Physical Precious Metals
  • Trading the Gold-Silver Ratio
  • Exchange Traded Funds (ETFs) - Is the Gold and Silver Really in Inventory?
  • Traveling with Gold Coins
  • Inflation Adjusted Gold and Silver Prices

If you would like to learn more about The Solari Report and subscribe, click here. To sign up for our Solari Report Digest, click here.

View this week’s Money & Markets Charts at the blog (published Thursday morning.)

*************

Mapping The Real Deal is a column on Scoop supervised by Catherine Austin Fitts. Ms Fitts is the President of Solari, Inc. http://www.solari.com/. Ms. Fitts is the former Assistant Secretary of Housing-Federal Housing Commissioner during the first Bush Administration, a former managing director and member of the board of directors of Dillon Read “ Co. Inc. and President of The Hamilton Securities Group, Inc.

© Scoop Media

 
 
 
Top Scoops Headlines

 

Boris Johnson At Sea: Coronavirus Confusion In The UK

The tide has been turning against UK Prime Minister Boris Johnson. Oafishly, he has managed to convert that tide into a deluge of dissatisfaction assisted by the gravitational pull of singular incompetence. Much of this is due to such errors of ... More>>

Reese Erlich: Foreign Correspondent: Rightwing Populism Will Make You Sick—Really

The four countries with the most confirmed COVID-19 infections in the world are all led by rightwing populists: the US, India, Brazil, and Russia. Throw in the United Kingdom, which has the largest infection rate in Europe, and you have a common pattern. ... More>>

Dunne Speaks: Early Voting Is OK, If You Know Who To Vote For

Early voting is now open which is great for the 80% or so of the population whose vote does not change from one election to the next. They can go out and vote at their convenience without having to wait for election day. But for those who are yet even ... More>>

The Conversation: Biodiversity: Where The World Is Making Progress – And Where It’s Not

The future of biodiversity hangs in the balance. World leaders are gathering to review international targets and make new pledges for action to stem wildlife declines. Depending on whether you are a glass half-full or half-empty person, you’re likely ... More>>

Gordon Campbell: On Trump’s Current Chances Of Re-Election

By now it seems clear that National have no fresh ideas to offer for how New Zealand could avoid the Covid-19 economic crisis. As in the past, National has set an arbitrary 30% ratio of government debt to GDP that it aims to achieve “in a decade or so,” ... More>>

The Conversation: Rogue Poll Or Not, All The Signs Point To A Tectonic Shift In New Zealand Politics

Richard Shaw AAP(various)/NZ Greens (CC-BY-SA)/The Conversation Strong team. More jobs. Better economy. So say the National Party’s campaign hoardings. Only thing is, last Sunday’s Newshub-Reid Research poll – which had support for the Labour ... More>>

The Coronavirus Republic: Three Million Infections And Rising

The United States is famed for doing things, not to scale, but off it. Size is the be-all and end-all, and the coronavirus is now doing its bit to assure that the country remains unrivalled in the charts of infection . In time, other unfortunates may well ... More>>

Binoy Kampmark: Altars Of Hypocrisy: George Floyd, Protest And Black Face

Be wary what you protest about. The modern moral constabulary are out, and they are assisted by their Silicon Valley friends in the Social Media club. Should you dare take a stand on anything, especially in a dramatic way, you will be found out ... More>>

 
 
 
 
 
 
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog