Commodity Trade Mantra

Posts Tagged ‘Government Shutdown’

Bankrupt America: Interest On Debt Alone Approaches A TRILLION Dollars

The Trump economic cabal of Wall Street asset strippers is proposing tax & economic programs that will blow an already unprecedented US debt situation into the stratosphere. Budget deficits (already over $19 trillion) under the Trump plan could easily surpass $2 trillion a year. As Federal debt goes beyond $20 trillion, with normal interest levels, interest on debt alone approaches $1 trillion.

A Government Shutdown Could Change The Picture For Gold

Near-term catalysts for a push lower in gold prices includes higher US interest rates, among a few others. But, if the US fails to reach a settlement on a government shutdown, gold could take flight and stocks might find gravity. The initial deadline is this Friday, and Goldman estimates only a one in four chance of a government shutdown occurring.

Stock Markets Of The 10 Largest Global Economies Are All Crashing

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news & that this would be enough to wake people up, but most Americans still don’t seem very alarmed. And of course what has happened to U.S. stock markets so far is quite mild compared to what has been going on in the rest of the world.

Government Shutdown & Debt Limit Questions Answered

A federal shutdown due to a funding lapse looks no less likely than it did two weeks ago. The Senate is expected to begin voting later this week on a funding extension, but the House looks unlikely to act until shortly before the September 30 deadline. Here are some attempts to answer the main questions surrounding the shutdown, debt limit & ramifications.

Surprise, Surprise … The Dreaded Taper Is Postponed Again

With Tuesday’s release of Sept payrolls report, various banks have now decided to alter the taper time line they previously envisaged as well – We believe that the pace of ‘QE’ will actually be increased rather then lowered at some point in the future.

The Possible Outcomes Of The Shutdown Theater

October may be a major turning point in America’s history – Whether default occurs or not, watch vigilantly over the next few weeks. The shutdown could amount to nothing immediate, or it could amount to everything we have warned about for the past five years.

Can President Obama Nationalize U.S. Oil Fields?

Desperate times call for desperate measures – If Congress’s stubbornness really were to push the United States into the financial abyss, President Obama might even do the unthinkable: Nationalizing the country’s Oil Fields.

The Calm Before The Gold And Silver Storm

Even though the Fed and Central Banks have been able to manipulate, control and divert interest away from Gold And Silver, the real and fast approaching Precious Metals HURRICANE is yet to hit.

U.S. Default Risk On October 17 Jitters Push Gold Up 2.4%

Deepening concerns about the government shutdown, poor jobs data and growing risk of a U.S. default led to dollar weakness which in turn helped Gold recoup much of Tuesday’s flash crash losses and rise by 2.4%, gaining $40 from a 2 month low at $1,278.24/oz

Central Banks Favour Gold As Diversification - LBMA

Central Banks have long been buyers of gold bullion and there was a marked increase in central bank bullion activity post the Lehman collapse – Central banks bought 534.6 tons of gold in 2012, the most since 1964, and continue to accumulate.

Strong Silver Coin and Bar Demand From India and U.S.

The drop in silver prices since April has spurred more buyers to purchase silver bullion. Silver demand is surging due to the Indian government’s capital controls and harsh tax treatment of gold and silver imports look set to reach a record in 2013.

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