• Category Archives Geopolitics
  • The Saudi Power Balance Is On A Knife-Edge

    The sweltering heat of Saudi Arabian summer will feel like a cool breeze compared to the geopolitical fire that could soon take over the country if ongoing internal power struggles destabilize the Kingdom’s Royal Family and national security in the coming weeks.
    After his successful elevation to Crown Prince, Mohammed Bin Salman (MBS) has been appointed by King Salman to be in charge during his holiday to Morocco. The King’s holiday comes at a time of relative instability in the Kingdom, as the effects of the removal of former Crown Prince Mohammed Bin Nayef at the end of the Ramadan period continue to linger.
    King Salman’s choice to award his son the position of Crown Prince was expected, but insiders are warning that his predecessor still holds a great deal of influence. To put MBS in charge during this already very volatile period in the Gulf, as the Saudi-led alliance continues to up the pressure on Arab neighbor Qatar, is feeding into uncertainty.

    This post was published at Zero Hedge on Jul 27, 2017.


  • Winning: U.S. Crushes All Other Countries In Latest Obesity Study

    When President Trump promised last fall that under a Trump administration America would “would win so much you’ll get tired of winning,” we suspect this is not what he had in mind. According to the latest international obesity study from the Organization For Economic Co-operation and Development (OECD), America is by far the fattest nation in the world with just over 38% of the adult population considered ‘obese.’

    This post was published at Zero Hedge on Jul 26, 2017.


  • JULY 24/GOLD AND SILVER STEADY TODAY/GLD LOSES ANOTHER 9.62 TONNES AND YET GOLD REMAINS CONSTANT/EU SOUNDS ALARM BELL IF THE USA PASSES MORE SANCTIONS AGAINST RUSSIA/IRAN AND USA EXCHANGE HEATED …

    GOLD: $1254.50 DOWN $0.25
    Silver: $16.45 DOWN 4 cent(s)
    Closing access prices:
    Gold $1255.50
    silver: $16.50
    SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
    SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
    SHANGHAI FIRST GOLD FIX: $1261.18 DOLLARS PER OZ
    NY PRICE OF GOLD AT EXACT SAME TIME: $1254.50
    PREMIUM FIRST FIX: $6.68
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    SECOND SHANGHAI GOLD FIX: $1261.69
    NY GOLD PRICE AT THE EXACT SAME TIME: $1252.95
    Premium of Shanghai 2nd fix/NY:$8.71
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    LONDON FIRST GOLD FIX: 5:30 am est $1255.85
    NY PRICING AT THE EXACT SAME TIME: $1256.55
    LONDON SECOND GOLD FIX 10 AM: $1254.50
    NY PRICING AT THE EXACT SAME TIME. $1255.50 ???
    For comex gold:
    JULY/
    NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 2 NOTICE(S) FOR 200 OZ.
    TOTAL NOTICES SO FAR: 151 FOR 15100 OZ (.4696 TONNES)
    For silver:
    JULY
    17 NOTICES FILED TODAY FOR
    85,000 OZ/
    Total number of notices filed so far this month: 3027 for 15,135,000 oz

    This post was published at Harvey Organ Blog on July 24, 2017.


  • War on Cash Hits a Snag in Europe

    The war on cash may have hit a snag in Europe.
    A lot of people apparently don’t want to play along.
    If a recent survey published by the European Commission is any indication, the bankers and central planners have their work cut out for them as they push toward a cashless society. Ninety-five percent of respondents opposed a proposal to put an upper limit on cash payments.
    As ZeroHedge reported via the Wolfstreet.com, the commission announced it was exploring the option of imposing a ceiling on cash payments earlier this year. The plan was to begin implementing the cross-regional measures as soon as 2018. The commission survey was intended to create ‘a veneer of respectability and accountability.’
    That didn’t work out so well.
    Most telling was the answer to the following question:
    ‘How would the introduction of restrictions on payments in cash at EU level benefit you, or your business or your organisation (multiple replies are possible)?’

    This post was published at Schiffgold on JULY 24, 2017.


  • The New Silk Road will go through Syria — Pepe Escobar

    Amid the proverbial doom and gloom pervading all things Syria, the slings and arrows of outrageous fortune sometimes yield, well, good fortune.
    Take what happened this past Sunday in Beijing. The China-Arab Exchange Association and the Syrian Embassy organized a Syria Day Expo crammed with hundreds of Chinese specialists in infrastructure investment. It was a sort of mini-gathering of the Asia Infrastructure Investment Bank (AIIB), billed as ‘The First Project Matchmaking Fair for Syria Reconstruction’.
    And there will be serious follow-ups: a Syria Reconstruction Expo; the 59th Damascus International Fair next month, where around 30 Arab and foreign nations will be represented; and the China-Arab States Expo in Yinchuan, Ningxia Hui province, in September.
    Qin Yong, deputy chairman of the China-Arab Exchange Association, announced that Beijing plans to invest $2 billion in an industrial park in Syria for 150 Chinese companies.
    Nothing would make more sense. Before the tragic Syrian proxy war, Syrian merchants were already incredibly active in the small-goods Silk Road between Yiwu and the Levant. The Chinese don’t forget that Syria controlled overland access to both Europe and Africa in ancient Silk Road times when, after the desert crossing via Palmyra, goods reached the Mediterranean on their way to Rome. After the demise of Palmyra, a secondary road followed the Euphrates upstream and then through Aleppo and Antioch.

    This post was published at Asia Times


  • People Not Amused by EU Efforts to ‘De-Cash’ their Lives

    By Don Quijones, Spain & Mexico, editor at WOLF STREET. In January 2017 the European Commission announced it was exploring the option of imposing upper limits on cash payments, with a view to implementing cross-regional measures as soon as 2018. To give the proposal a veneer of respectability and accountability the Commission launched a public consultation on the issue. Now, the answers are in, but they are not what the Commission was expecting.
    A staggering 95% of the respondents said they were opposed to a cash ceiling at EU level. Even more emphatic was the answer to the following question:
    ‘How would the introduction of restrictions on payments in cash at EU level benefit you, or your business or your organisation (multiple replies are possible)?’
    In the curious absence of an explicit ‘not at all’ option, 99.18% chose to respond with ‘no answer.’ In other words, less than 1% of the more than 30,000 people consulted could think of a single benefit of the EU unleashing cross-regional cash limits.

    This post was published at Wolf Street by Don Quijones ‘ Jul 14, 2017.


  • The New Silk Road Will Go Through Syria

    Authored by Pepe Escobar via Asia Times,
    China and Syria have already begun discussing post-war infrastructure investment; with a ‘Matchmaking Fair for Syria Reconstruction’ held in Beijing
    Amid the proverbial doom and gloom pervading all things Syria, the slings and arrows of outrageous fortune sometimes yield, well, good fortune.
    Take what happened this past Sunday in Beijing. The China-Arab Exchange Association and the Syrian Embassy organized a Syria Day Expo crammed with hundreds of Chinese specialists in infrastructure investment. It was a sort of mini-gathering of the Asia Infrastructure Investment Bank (AIIB), billed as ‘The First Project Matchmaking Fair for Syria Reconstruction’.
    And there will be serious follow-ups: a Syria Reconstruction Expo; the 59th Damascus International Fair next month, where around 30 Arab and foreign nations will be represented; and the China-Arab States Expo in Yinchuan, Ningxia Hui province, in September.

    This post was published at Zero Hedge on Jul 14, 2017.


  • JULY 11/TRUMP JR’S EMAIL SPARKS GOLD RECOVERY AS WELL AS SILVER/AGAIN MASSIVE VOLUME IN SILVER AT THE COMEX/HUGE MOVEMENT OF GOLD OUT OF COMEX WHILE HUGE MOVEMENTS INTO THE SILVER COMEX/RUSSIA EX…

    GOLD: $1215.60 UP $1.50
    Silver: $15.78 UP 7 cent(s)
    Closing access prices:
    Gold $1217.50
    silver: $15.87
    SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
    SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
    SHANGHAI FIRST GOLD FIX: $1221.84 DOLLARS PER OZ
    NY PRICE OF GOLD AT EXACT SAME TIME: $1211.70
    PREMIUM FIRST FIX: $10.14
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    SECOND SHANGHAI GOLD FIX: $1222.70
    NY GOLD PRICE AT THE EXACT SAME TIME: $1212.20
    Premium of Shanghai 2nd fix/NY:$10.80
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    LONDON FIRST GOLD FIX: 5:30 am est $1211.90
    NY PRICING AT THE EXACT SAME TIME: $1211.35
    LONDON SECOND GOLD FIX 10 AM: $1211.05
    NY PRICING AT THE EXACT SAME TIME. $1211.30
    For comex gold:
    JULY/
    NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 1 NOTICE(S) FOR 100 OZ.
    TOTAL NOTICES SO FAR: 63 FOR 6300 OZ (.1959 TONNES)
    For silver:
    JULY
    289 NOTICES FILED TODAY FOR
    1,445,000 OZ/
    Total number of notices filed so far this month: 2612 for 13,060,000 oz
    XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
    end
    Let us have a look at the data for today
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
    In silver, the total open interest ROSE BY ONLY 6 contract(s) UP to 207,952 DESPITE THE NICE RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 28 CENT(S). WE AGAIN MOST HAVE HAD CONTINUAL NEW SPECS GOING SHORT WITH THE COMMERCIALS BOTH COVERING AND ALSO GOING LONG. THE NET EFFECT A TINY GAIN IN OI.
    In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.039 BILLION TO BE EXACT or 149% of annual global silver production (ex Russia & ex China).
    FOR THE NEW FRONT MAY MONTH/ THEY FILED: 289 NOTICE(S) FOR 1,445,000 OZ OF SILVER
    In gold, the total comex gold ROSE BY 4,372 CONTRACTS WITH THE RISE IN THE PRICE OF GOLD ($3.50 with YESTERDAY’S TRADING). The total gold OI stands at 481,624 contracts.
    we had 1 notice(s) filed upon for 100 oz of gold.
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    With respect to our two criminal funds, the GLD and the SLV:
    GLD:
    Strange!! had a huge changes in tonnes of gold at the GLD/a withdrawal of 2.96 tonnes of gold with gold rises today??
    Inventory rests tonight: 832.39 tonnes
    SLV
    Today: STRANGE: AFTER AN EARLY HIT ON SILVER THIS MORNING, WE HAD ANOTHER HUGE RISE IN INVENTORY OF 2.364 MILLION OZ/
    INVENTORY RESTS AT 347.026 MILLION OZ
    Please note the difference between gold and silver with respect to the GLD and SLV inventory changes

    This post was published at Harvey Organ Blog on July 11, 2017.


  • And The Worst Performing G-20 Stock Market This Year Is…

    When it comes to stock market performance this year, there’s no uniting the U. S. and Russia.
    The S&P 500 and the Micex began the year at almost the same level, but equities in the former Soviet nation have tumbled amid losses in crude and evaporating optimism over the lifting of sanctions under U. S. President Donald Trump.

    This post was published at Zero Hedge on Jul 10, 2017.


  • The US Is Not “One Nation” – And it Never Was

    Patrick Buchanan is an informative and interesting writer. On foreign policy, especially, he’s long been one of the most reasonable voices among high-level American pundits.
    When it comes to cultural matters, however, Buchanan has long held to a peculiar and empirically questionable version of American history in which the United States was once a mono-culture in which everyone was once happily united by “a common religion,” a “common language,” and a “common culture.”
    Now, he’s at it again with his most recent column in which he correctly points out that the United States is culturally fractured, and speculates as to whether or not Thomas Jefferson’s call to “dissolve political bands” in the Declaration of Independence might be sound advice today.

    This post was published at Ludwig von Mises Institute on July 7, 2017.


  • What Is ITALEAVE & The Impact It Will Have | Golden Rule Radio Precious Metals Update

    The following video was published by McAlvany Financial on Jul 6, 2017
    What is ITALEAVE and what impacts will it have on the European Union, the Euro, US Dollar, and the precious metals markets. This week we’ll cover the movements of Gold, Silver, Platinum, Palladium, and the ratio opportunities that are available right now. Geopolitical tensions continue to rise with North Korea missile tests reaching new highs and what appears to be China not able to demonstrate influence upon the North Korea. We’ll talk about what is next for Gold & Silver as we get closer to the compressing pennant pattern which will yield a breakout. Thanks for listening.


  • Asian Metals Market Update: July-05-2017

    Factors which can affect markets
    The actions and words of Trump makes me believe that North Korea could soon face US military might. Chinese stance will be the key here. Geopolitical risks have had limited impact on positively affecting gold and silver. It remains to be seen if North Korea will give a new life to bullion bulls. Slew of US economic data releases are there till Friday. Physical demand of gold and silver in Asia will be the key. There will be a crash in the UK session and the early US session only if Asian demand does not occur and vice-versa.
    One should use crashes (if any) in gold and silver to invest in them for the short term.

    This post was published at GoldSeek on 5 July 2017.


  • One Brit Explains Why He Loves July 4

    ‘And the rocket’s red glare, the bombs bursting in the air, gave proof through the night…’
    I love July 4th.
    From Bill Blain of Mint Partners
    ‘And the rocket’s red glare, the bombs bursting in the air, gave proof through the night…’
    I love July 4th.
    It’s the day we celebrate getting shot of these pesky, whiny, tax-dodging colonists we despatched to the New World all these years ago. Always complaining about something, and what they’ve done to the English language is just despicable… I do think telling them to reproduce and travel far was possibly the best thing King George ever did.
    Subsequent history shows the wisdom of our decision. The British Empire now spans the entirety of this island perched at the unfashionable end of a dismal continent that doesn’t like us or our cuisine, while the Americans are cursed with being a global superpower.
    It’s the day we celebrate getting shot of these pesky, whiny, tax-dodging colonists we despatched to the New World all these years ago. Always complaining about something, and what they’ve done to the English language is just despicable… I do think telling them to reproduce and travel far was possibly the best thing King George ever did.
    Subsequent history shows the wisdom of our decision. The British Empire now spans the entirety of this island perched at the unfashionable end of a dismal continent that doesn’t like us or our cuisine, while the Americans are cursed with being a global superpower.

    This post was published at Zero Hedge on Jul 4, 2017.


  • Gold and Silver Up in First Half of 2017

    With plenty of geopolitical turmoil around the world, and strong demand from the east, gold and silver both posted healthy gains through the first half of 2017.
    While most of the mainstream headlines focus the short-term drop in the price of gold in June, looking at the bigger picture reveals a much more positive trend for precious metals. The price of gold rose 7.9% through the first half of the year. Meanwhile, the price of silver logged a healthy 4% advance.
    Safe-haven buying helped drive the surge. Investors are buying gold and silver in a world of uncertainty, and an abundance of caution helped push the price of gold higher. Political uncertainty and geopolitical tensions around the world have people on edge and seeking the safe-haven gold traditionally offers. The war in Syria continues to rage, the relationship between Russia and US remains tense, Qatar is locked in a standoff with its neighbors, numerous terror attacks have rocked Europe over the last several month, and how Brexit will proceed remains up in the air.
    One could look at the current political tensions and troubling events on the horizon and think, ‘well, this will soon pass.’ But as we’ve pointed out in recent months, uncertainty seems to be the new norm. Next week, there will be a whole new set of political issues, surprise events, and rising tensions to make us uneasy.

    This post was published at Schiffgold on JULY 3, 2017.