SCHWER-Gewichte in SILBER

 

um 20:00 die FOC minutes, abwarten ob support bei 28.48 hält

http://www.peakprosperity.com/blog/80953/golds-regular-morning-mugging  

SEVERAL FOMC PARTICIPANTS SAID EASING MAY PROMPT EXCESSIVE RISK
MANY FOMC PARTICIPANTS VOICED CONCERN ABOUT RISKS OF MORE QE
SEVERAL ON FOMC SAID FED SHOULD BE PREPARED TO VARY PACE OF QE
FOMC PARTICIPANTS SAID ECONOMY WAS ON 'MODERATE GROWTH PATH'
SEVERAL FOMC PARTICIPANTS SAW IMPROVED U.S. CREDIT CONDITIONS
A NUMBER OF FED OFFICIALS SAID TAPERING QE MAY BECOME NECESSARY
Pre-FOMC: ES 1521.00, 10Y 2.01%, EUR 1.3337, Gold $1580, WTI $94.18

Some of the key sections:

However, a few participants expressoed concerns that the current highly accommodative stance of monetary policy posed upside risks to inflation in the medium or longer term.

On the death of Okun's Law:

A number of participants thought that the growth of potential output had been reduced in recent years, possibly in part because restrictive financial conditions and weak economic activity in the aftermath of the financial crisis had reduced investment, business formation, and the pace of adoption of new technologies. Many of these participants worried that, should the economy continue to operate below potential for too long, reduced investment and underutilization of labor could further undermine the growth of potential output over time. A couple of participants noted that uncertainties concerning both the level of, and the source of shifts in, potential output made it difficult to base decisions about monetary policy on real-time measures of the output gap.  

"Exchange metal reported in the REGISTERED category represents troy ounces of metal that meet the contract specifications as defined in the Exchange Rules for which an electronic warrant HAS been issued.

Exchange metal reported in the ELIGIBLE category represents troy ounces of metal that meet the contract specifications as defined in the Exchange Rules for which an electronic warrant has NOT been issued"...

Wer da noch auf Papier setzt, gehört echt geprügelt.

LG: Teras.  

Usually these pessimistic doom and gloom comments signal a contrarian bargain buying opportunity. In fact, I have spoken with many mining executives who have been in this business for 4+ decades and they have commented that they have never seen pessimism in the sector like now. There are several mining companies whose market cap is just a fraction of their Net Present Values from third party independently verified economic assessments. Never have they seen this disconnect.
http://www.marketoracle.co.uk/Article39140.html

currency war szenario "for dummies" (wunderbar einfach dargestellt);
serie von mike;
http://goldsilver.com/video/...ilver-hidden-secrets-of-money-trailer/  

 

 

... jetzt ab sofort rein Vorsichts-halber auf jene Companies concentrieren, die auch bei niedrigeren Silber-Cursen gleichwohl immer noch ihr erträgliches Auskommen haben...

Bin eigentlich eher NICHT bearish für Silber,
und langfristig schon erst 'mal GAR nicht;
aber kurzfristig muss man sich sichern.

LG: Teras.  

Farage Slams Eurozone As "Complete Economic Disaster"

"The air is thick with denial in this chamber," is how UKIP's Nigel Farage begins his truthiness rant at the most recent European Council meeting. Reflecting on the Italian election and overwhelming success of 'Eurosceptic' political parties, Farage barks that it "is absolutely clear that Eurozone membership is completely incompatible with nation-state democracy." The complete denial (and "unutterable drivel") about the Eurozone crisis incenses him as he says "you'd think listening to everyone this morning that it's over." The real problem, he explains, is that they won't face up to the reality that "You are not facing up to the consequences for what you've done," as he tries to make the technocrats comprehend, "the Eurozone has been a complete economic disaster," because of the Euro - and the disaster is still coming down the tracks.  

The Complete History Of JPMorgan's "Monstrous" Derivative Risks And Abuses - The Full Senate Report  

...better known as fear index...dyodd  

Diese Yankees muss ja doch niemand mögen,
doch wenn sie die Realitäten ausblenden,
dann wird es wirklich echt gefährlich...  

... derer größten Reiche begleitet; und dass nun ausgerechnet die United States of America darin einen Unterschied machen sollten, steht ja doch eigentlich nirgends geschrieben...  

 

um bankrun zu verhindern bleiben bankinstitute bis auf weiteres geschlossen - nachdem die regierung der bevölkerung noch am freitag versichert hatte, die einlagen seien sicher.
die oppositionsparteien edek und akel beschlossen, das rettungspaket abzulehnen. zypriotische bankkunden sollen an der rettung beteiligt werden, mit 6,75% bei guthaben bis €100k und 9,9% auf höhere beträge. bankkunden, die es gestern bei wenigen geöffneten genossenschaftsbanken es schafften, geld zu beheben mussten feststellen, das die zwangsabgabe am konto bereits abgebucht war(!). banksters rules.
parallelen zu deutschland? noch keine!? zur erinnerung: zypern = EU
...you own what you can touch - holding phyz


Cyprus bank levy risks dangerous euro zone precedent Fox Business - 26 minutes ago The European Central Bank's pledge to buy euro zone government bonds in unlimited amounts if needed has calmed the beleaguered currency bloc for the past five months.
Tiny Cyprus threatens euro stability - CBS News Cyprus Bailout 'Disaster' Risks New Euro Crisis -

CNBC.com http://www.foxbusiness.com/news/2013/03/17/...o-zone-precedent379632/  

...As if that's not enough, Ms. White's husband, John W. White, is a partner at another giant Wall Street law firm, Cravath, Swaine & Moore, which frequently tangles with the SEC on behalf of its clients. Mr. White proposed to change his pay structure while his wife runs the SEC. More gales of laughter. He is also on the advisory committee of the Financial Standards Accounting Board, the group that oversees national accounting practices and which, in 2009, infamously changed its Rule157 so that TBTF banks could "mark to fantasy" the fraudulent CDOs and other bond-like "innovative" securities that they created -- many of which they had to eat after the housing bubble bust when the collateral for these swindles lost its value and the "innovators" could no longer pawn the stuff off on credulous pension funds and other client "muppets."

The silence over this disgraceful matter -- and many others like it, including the dead hand in the empty suit posing as US Attorney General -- indicates that not only is the rule of law extinct in this country, but so are public figures of principle and credible news organs. Nobody has made a noise about it. Anything goes, nothing matters, and nobody cares. So, the objection to it has to come from outside the authorized channels. And the consequences will mount outside the fortress of lies that the establishment has become.
READ FULL ARTICLE:  

“The wire reports on the Cyprus situation are working overtime to try to make the case that 80% of the deposits belong to the people of Cyprus, and only 20% of the deposits belong to the Russians.  That’s absolutely false.  After 1985, when the ‘Robber Barrons’ of Russia took over the general economics of Russia, that was the transformation from the KGB to private business.  The primary place for exported Russian funds was Cyprus. 

Now, there is one leader in the world that would be very dangerous to challenge and that is Putin of Russia....

“What’s just happened is the IMF has backed up, lauded, supported, and publicized, as if it were a victory, the taking of 10% of what really turns out to be 80% of Russian ‘black money.’  Russian ‘black money’ is KGB money, now in business.  The leader of Russia (Putin) was a former KGB official.  Whose money do you think they have taken?  This is the biggest mistake the IMF could possibly have ever made.”

It’s very dangerous in doing business with the Russians, to lose their money.  Revenge will be very much a part of the motivation for what happens from this point forward...
READ FULL INTERVIEW:
http://kingworldnews.com/kingworldnews/...ts_In_History_%26_Gold.html  

Greenspan Discusses the End of the Fed ... What Comes Next?
By Anthony Wile
Saturday, March 16, 2013
An interesting article in Forbes entitled "If Alan Greenspan Wants To 'End The Fed', Times Must Be Changing," informs us that the predictions we made long ago about the Federal Reserve are coming true. The author of the article is Nathan Lewis, an economist, former strategist for institutional investors and author of a best-selling book Gold, the Once and Future Money.

Our predictions regarding the Fed were first published in May 2009, and were related to a congressional hearing that showed Fed representatives to be woefully unprepared. This was the first inkling we had that the institution itself was in perhaps terminal trouble. Here's what we wrote at the time in an article entited, "Beginning of the End? Fed Cannot Account for $9 Trillion"...

We saw the interview with Elizabeth Coleman on TV and then again and again and again on youtube.com. It is entitled "Is Anyone Minding the Store at the Federal Reserve?" and it is one of the single most astonishing moments (or minutes) ever manifested or preserved in this already-amazing digital era. A century ago, when the powers-that-be pushed through the act that set up the American Federal Reserve – which basically kicked off the central banking era in America and abroad – the kind of technological ubiquity offered by the Internet would certainly have been seen as a major and alarming challenge. Well, it is.

The Grayson/Coleman confrontation has to be seen to be believed, and even then it may not seem quite believable. How could the Fed, in all its monied majesty, offer up someone so unprepared to answer the questions of a single quiet and persevering congressman? Grayson is a liberal, socialist-oriented legislator – a good government type who is fast making a reputation for taking on government corruption. He is pro-regulation but has not been shy about confronting high profile institutions. He may not want to shut down the Federal Reserve but he certainly wants to make it operate under additional scrutiny. And he makes it clear he believes the Fed needs it. And now Coleman knows it.

Our article continues as follows:

The Fed has survived numerous challenges, but always these were fairly restricted to legislators and others that traveled in the Fed's ambit. There was no chance that the Fed's inner-most workings would be broadcast to the world, and that the world would see and comment. The Internet has changed all that. The basic trouble with the Fed – and with all central banks – is that the work they do is not defensible within the broader context of democratic rhetoric.

Since the article was published some four years ago now, the agitation against the Fed and central banking generally has grown worse, as we predicted. There is no real support for central banking. It is a central planning relic of a bygone age when justifications could be made about a tiny handful of men running the world on behalf of everyone else.

But the Internet has allowed people to question this meme – and as there is no good answer, the questions have persisted and the skepticism has grown – along with central banking's incompetence in solving a Great Recession for which they were evidently and obviously responsible. Eventually, I figure it will burst the confines of the Internet and become a mainstream problem.

It is probably inevitable. And now a further instance of the gradual deflation of this dominant social theme has emerged: The most famous Fed chairman of them all, Alan Greenspan, is questioning not only the functioning of the Fed but its reason for existence. His statements, made in a January interview, continue to resonate – and circulate – and recently resulted in the Forbes article referred to above.

Let's see what Alan Greenspan (according to Forbes) has been saying recently:

"We have at this particular stage a fiat money which is essentially money printed by a government and it's usually a central bank which is authorized to do so. Some mechanism has got to be in place that restricts the amount of money which is produced, either a gold standard or a currency board, because unless you do that all of history suggest that inflation will take hold with very deleterious effects on economic activity... There are numbers of us, myself included, who strongly believe that we did very well in the 1870 to 1914 period with an international gold standard."

In the same January 2011 interview, Greenspan apparently wondered out loud if we even require a central bank! When Alan Greenspan starts to talk about "End the Fed," things are changing.

The article even refers to our friend and Daily Bell interviewee, Edward Griffin:

Edward Griffin's The Creature from Jekyll Island is an excellent account of how the Fed came into being. The fact that this 1994 book is, today, the #2 bestselling book in Amazon.com's Banks and Banking category, the #2 bestselling book in the Economic Policy and Development category, and the #4 bestselling book in the Economic Policy category, shows why crowds start chanting "End the Fed" wherever Ron Paul turns up, with no prompting from him.

The article refers to Money Power itself:

In recent years, any attentive watcher has noticed that the Fed has been working rather closely with certain "Too Big to Fail" banks, in ways that are not necessarily in the public's best interest. The fact that the Fed is likely heavily influenced by a certain well-known European banking family — a criticism that president Andrew Jackson applied to its predecessor the Second Bank of the United States, just before he killed it — is all the more reason to eliminate its influence in U.S. affairs.

And here is how the article ends:

As a member of the "keep the Fed" camp in prior years, it seems to me now that we will most likely come to that point, in not too many years, where replacing the Fed will be the best and even the easiest path ... End the Fed.

For those who think we're too confident about the evolution of this dominant social theme, please think about this: The Fed these days is reportedly buying most or all of US Treasury auctions and already owns well over US$1 trillion of American debt. The Fed is buying this debt because no one else will. That's a lot of unproductive paper to hold.

Not only that, but the US government owes so much money on its national debt that the Fed must keep interest rates at almost zero or debt payments would balloon until almost the entire federal budget would be consumed by them.

This means, like Sisyphus climbing up the mountain with a rock on his back over and over, the Fed is doomed to buy US debt at zero percent for an unforeseeable – infinite – amount of time. This is, of course, an insupportable scenario. And thus, we've pointed out that the dollar reserve system basically died in 2007-2008 – and later on, Alan Greenspan apparently said something similar himself!

The system, it seems, eventually MUST collapse. There will be no war, no devaluation, no bailout that will likely save the dollar reserve system. Instead there will be ... a change.

The wise men running central banking are probably as aware of the problems with the dollar economy as anyone else; in fact, more so. They've even apparently started a faux movement to nationalize central banking so as to keep control via the political system directly (see yesterday's article on this topic) but even this movement is probably bound to fail.

Another possibility that is obviously being considered is the creation of a global paper currency via the IMF's SDRs. And finally, the powers that be are probably, reluctantly, considering a state-managed gold standard. Greenspan is apparently going to be a spokesman for this view.

We analyze and follow elite memes but it is not possible at this point to say what exactly will occur. Best case, a money system emerges that is NOT controlled by nation-states and resembles somewhat the pre-Civil War US system of free banking and money competition generally.

The pre-Civil War monetary system created the "greatest nation on Earth" and one that has now morphed into a worldwide empire. But the monetary system that has accompanied this expansion may well be ending. What comes next is unknown. Hopefully it will be freer and fairer than the central banking structure of the 20th century.

http://www.thedailybell.com/28836/...-End-of-the-Fed--What-Comes-Next  

 

Ich habe wirklich die Schnauze so voll, auf dieser Plattform trotz mehrmaliger Betätigung der "Vorschau" andauernd diejenigen meiner Artikel COMPLETT zu verlieren, die sich noch in der Schreibe befinden...

MUSS das denn sein?

Reichlich entnervt:
Der olle Teras.  

Hunderttausende KLEIN-Sparer mit WENIGER als 100T €uro auf der hohen Kante sind über das vergangene Wochen-Ende (vom FREITAG, 13. März 2013 bis SONNTAG, 17.3.2013)
im Zuge einer ZWANGS-Abgabe um 6,75 Procent ihrer Ersparnisse erleichtert worden.

Das Geld ist auf ELEKTRONISCHEM Wege direct abgebucht worden.
"Begründet" wurde die Enteignungs-Action mit einer angeblichen "Rettung des Landes"...

AUSGENOMMEN von der Enteignungs-Action auf der Insel blieben die Gebiete AKROTIRI und DEKELIA, die als Steuerflucht-Destinationen reicher BRITEN hinlänglich bekannt sind.  

 

Auch das Nachrichten-Magazin 'DER SPIEGEL' bestätigt die dreiste Enteignung derer
KLEIN-Sparer auf ZYPERN, erwähnt AKROTIRI und DEKELIA dabei allerdings NICHT:  

Indeed, if the world’s central bankers had wanted to perpetuate this recession until hell froze over, they couldn’t have done a better job:

Set interest rates to levels flatter than ten-day old beer? Check.
Stimulate consumption? Check. At the expense of savers? Check.
Push stock markets to all-time nominal highs at shaky valuations? Check.
Prevent widespread liquidation of financial assets? Check.
Keep lending money to shaky businesses? Check.
Keep that QE liquor flowing to ensure that banks never have to face their hangover whilst sober ? Check.
Ensure that bad banks– and let’s face it, they’re all bad– gorge on lousy government debt instead of lending to small and medium sized businesses? Check.
Keep on inflating base money? Check.
Interfere with the market to ensure that bad assets never reach a clearing price? Check.
Inflate retail prices? Check.
Seize funds directly from savers’ accounts? Check.
Ludwig von Mises comes to mind– “There is no means of avoiding the final collapse of a boom brought about by credit expansion…“ Yet they keep trying to avoid it.

READ FULL ARTICLE:

http://www.sovereignman.com/finance/...hecklist-for-prosperity-11266/  

wird von anderen staaten als nachahmenswerte idee aufgegriffen...wer wird der nächste sein?
wir nicht! ganz sicher....die vielleicht?:
http://mobile.bloomberg.com/news/2013-03-18/...from-pound-slump.html.  (...)