" alt="" /> " alt="" />

Gaz,.....just bring the thing in. No charge .... only parts if required but only with your approval of course.

Will catch up with the above posts in due course its just that I have had a funny episode of 'doors' playing up.

Yesterday the door on my micro-wave would not close properly, and had to arrange for an engineer to cal today to repair it. Today I had a call from the company opposite telling me a security door to an empty warehouse I own was open. After checking it out and finding the outer door unlocked but no further entry attempt, I locked it and went to drive away and noticed the interior panel on my BMW drivers door had come away from the door itself..

And after-all that on my way home I could not get to my house because of a garbage truck doing its rounds and so waited nad used the time to zip through e-mails on my phone. And is it finished I drove up the drive and noticed the double garage door was opening, I usualy press the remote fob to open it, (the fob was on the seat next to me still in its cover) but presumed my wife had opened it t bring in the wheely bin. But when I didn't see her coming out thought hmm. I went inside and asked why she had opened the door and left it, she said she hadn't!

So realised the door was opening of its volition. So have had to arrange for the engineer to call and replace the electric comtrol unit.

Weird or what!?

S.

Gaz - 'GWEN' Otherwise known as VoG weapons (Voice of God).

BTW - Do you ever experience tingling or heat sensations in your hands or feet or perhaps some other area of your body?

Perhaps they are comfortable with their knowledge being released as they have the technology to control anyone with this weapon.

S.

--------------------------------------------------------------------------------

by Alasdair Macleod - Head of Research

Weekly Market Roundup
The gold price moved sideways for most of the week, capped at just under $1,340, before challenging support at the $1,300 level on Thursday night UK time, after a day when US Treasuries fell heavily on a bullish Institute of Supply Management report. This showed a much better than expected pick-up in manufacturing, and crucially for Fed-watchers, employment. With Non-Farm Payrolls due to be announced today the bears are looking for good figures, so overnight by this morning gold had been taken down into the $1,280s.

There are real or imagined signs that consumer demand for big-ticket items such as autos and electronics is picking up. I go into this and its durability in my article for GoldMoney this weekend. Furthermore this week’s statistical revision to the US’s GDP numbers, which suddenly makes things look better, might well have been timed with growing consumer confidence in mind.

The market assumption is that economic recovery leads to higher bond yields which make gold expensive to hold. This would be true if investment funds were significantly long in gold, but they are not. However, it doesn’t stop speculators adding to their short positions.

The chart below shows the net position of the largest four traders on Comex, who are the most active bullion banks, and it can be seen that they are long a record net 54,779 contracts.

One might ask why don’t these bullion banks ramp the price up, forcing a bear squeeze? The likely answer is that they also run unallocated accounts in London on a fractional reserve basis, so are still net short. Only we don’t know how short.

In other news GoldMoney raised a bit of a stink over the Bank of England’s gold custody position. Having said they had the equivalent of 505,000 400-ounce bars at the end of February, in an app put up on their website the BoE revised this figure to “over 400,000”. The difference is important, because it suggests that as much as 1,300 tonnes has been shipped out, a quantity similar on our rough estimates bought by private individuals world-wide after absorbing estimated ETF sales, mine and scrap supplies over the same period. Interestingly, no denial was forthcoming, nor any suggestion that the position had not materially changed.

This brings us to the Gold Forward Rate (GOFO), which is still negative. When GOFO is negative, it means the gold lease rate is more than LIBOR, indicating a shortage of gold for leasing and therefore for delivery generally. This is confirmed by stories of large premiums in the Middle and Far Eastern markets. GOFO has been negative for 19 straight days for one, two and three month forwards, which is unprecedented. This unusual situation suggests that the supply of central bank bullion has slowed and the market has become stressed. Either another central bank will have to be persuaded to give up its gold, or the supply crisis will probably become uncontrollable

Another great read from jeff nielson

http://www.bullionbullscanada.com/gold-commentary/26293-paper-pumpers-promote-gold

Ranting Andy Hoffman live in China - by email so hence no link


The Irrefutable Physical Gold Reality - Live From China!

For the past six months, the REALITY of the global economy is that it is not only getting worse - but at a dramatically faster rate. Even Australia just reported a jaw-dropping PMI Index decline - from 49.6 to 42.0; and around the globe, most economies are either dead, buried, or rapidly headed in that direction. Sure, some governments are fighting the trend with spiritual levels of MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA - particularly, the Nazi States of America. However, despite all these LIES and DECEPTIONS, reasonably intelligent ten-year olds are realizing economies are dying, bubbles bursting, and "the 99%" growing larger and poorer each day. Worse yet, Central-bank generated inflation is eating entire societies alive - ask Egypt, Brazil, or Turkey; yet "elite" Central bankers have the nerve to declare "deflation" against their greatest enemy.

To that end, the current PM price suppression scheme is unparalleled in human history; and given how many fiat currency systems have been attempted over the centuries, such a claim should not be taken lightly. I have been fully invested in the sector since May 2002; but even my long-time "manipulation slogan" of "each day worse than the last" doesn't do justice to the insanity that commenced in late January - ironically, the very week the U.S. Mint suspended Silver Eagle sales (for 12 days) due to overwhelming, RECORD demand.

In 2012, "rumors" of a mythical Fed "exit strategy" were utilized as "cover" to viciously attack PAPER PMs - in blatant "blitzkrieg" raids like February's "LEAP DAY VIOLATION." However, when PMs inevitably rebounded, they were not challenged "tick for tick" as they are today. Sure their subsequent rises were incessantly capped, but ultimately, they were "permitted" to exhale for a handful of - albeit brief - periods.

Conversely, we have seen PMs under siege 24/5 this year; including EVERY key attack time, EVERY "Access market" opening, EVERY piece of news - "bullish" or "bearish" - EVERY time key financial or political "leaders" speak; and of course, EVERY day at the 2:15 AM EST open of the London "pre-market" PAPER trading platform. Just today's farcical PAPER attacks - amidst a cartoon-like GDP number, a horrific Chicago PMI print, and an FOMC statement unexpectedly devoid of even the slightest hint of "tapering" - was enough to make one batty, yet such action was not much different than what we have been seeing EVERY day since January.

Clearly, what is going on behind the scenes is so terrifying that even I - Ranting Andy - am scared to speculate about it. PHYSICAL PM inventory is plunging whilst demand is surging; mines are closing; miners writing off assets; and EVERY major Central bank is printing money with reckless abandon - with no end in sight. And yet, the "evil Troika" of Washington, Wall Street, and the MSM would have us believe gold and silver are "volatile, risky investments" - whilst all others are not.

Anyhow, All I can say is this. We've seen pictures of PHYSICAL Chinese gold demand - like the 10,000 people lined up to buy during this spring's Dragon Boat holiday - and heard stories of such as well. However, now that I'm actually in China, I can tell you first-hand that all we have heard is TRUE - and then some. Just selecting a random marketplace near my hotel, I walked into a half dozen coin/jewelry stores here in Guangzhou (a/k/a Canton) - the nation's largest city. And lo and behold, they were FULL of aggressive buyers purchasing everything from one ounce coins to bullion bars to stunning 22 karat jewelry...

TRUST ME, the "IRREFUTABLE PHYSICAL GOLD REALITY" is that retail buying in the world's most populous country has likely NEVER been stronger; and the more PAPER perception games TPTB utilize to "kick the can" a wee bit longer, the more voracious said demand will become. Eventually, they WILL be overwhelmed by said demand, just as they ALWAYS have been throughout history.

July silver imports highest in 5 years

http://articles.timesofindia.indiatimes.com/2013-08-02/ahmedabad/41006340_1_silver-imports-gold-imports-world-gold-council

Snurkle - thanks for those links.
- Lovely to have my elderly mum over for a few days , thanks. She thoroughly enjoyed it too.

Just doing some late night catch up reading of your links and...other stuff :o)

On the metals front a clip from Dan Norcini (Jim Sinclairs technical guy)

"This week was rather fascinating because we are to a situation now where we are
- only about 5,000 contracts away
- from the commercial category being..... net-long ...this gold market.”

“Going back to 2006, when this data was first released on a disaggregated basis,
- this is the... smallest net-short position..... that these guys (commercials)
.....have ever had.

I cannot recall they were had this small of a net-short position.
- So there has been a huge change going on within the internal composition of the futures market there in New York when it comes to these commercials.
- They are moving more and more away from the short side of the market,
- and more toward the long side.

And it looks like the (small) speculators are continuing to lean (on the short side) against this thing (gold). That’s what brings us back to the price action.
- You can tell there has been heavy resistance in gold at around $1,340 to $1360.
- But we can tell who is ......selling it (paper gold):
- It’s ....not been.... the bullion banks.
- It’s been ....the hedge funds and other speculative groups.

I want to continue to monitor this,
- but based on this trend there is a (strong) possibility that if gold continues to stay weak,
- that you are going to see even..... more short covering on the part of these commercials -
- to the point where they may be net-long...... for the first time that I have on record.

That itself ...is quite a dramatic development.”

Lengthy but well reasoned conclusion
- in a nutshell the LBMA (Largest OTC physical gold market) clears....
- 29 million ounces transferred (cleared) per day
- my speak - 902 tonnes....per day
- ie just 10% resulting from.... HUUUUGE - trading volume of.... 9,020 metric tonnes of gold.... per day
(being executed through the London market).

9020 TONEES ....PER>>> DAY

According to the World Gold Council,
- ANNUAL (not daily) gold mining production was ....only 2,800 tonnes... in 2012
- and recycled gold supply only added another (ANNUAL) 1,600 tonnes,
- creating ...annual physical supply.... of 4,400 tonnes in total.

So
- Given physical supply, 4,400 Tonnes...anually
- then the 9000+ tonnes........ traded per day
- is extremely hard to fathom.

https://www.goldcore.com/goldcore_blog/london-bullion-market-association-june-clearing-turnover-statistics

Concludes with
- The LBMA clearing statistics therefore essentially represent
- huge daily trading , not through physical......but through unallocated accounts,
- most of which..." is classified"... as spot delivery,
- but which ......is backed by.... very small....... physical metal foundations

Furthermore....

In the clearing statistics, the category occupied by
- “physical transfers and shipments of gold by the six clearing members”,
- patently
- cannot be in the order more ......1% (ONE %) of the trading statistics
- and by inference, cannot be more than... 1% (ONE %)of the clearing statistics.

State Department spokesperson Marie Harf ....quietly pointed out
- that, due to an "abundance of caution,"
- an unspecified number of US embassies and consulates in the Muslim world
- will be...... closed this weekend

Precious metals expert Andrew Maguire (Who testified at the CFTC metals manipulation hearing)
- talks about ..........the run on the bullion banks......
......happening right now.

http://rt.com/shows/keiser-report/episode-477-max-keiser-741/

13 mins in (lasts about 12mins thereafter)

Alasdair Macleod discusses:
■The cartel’s shift to attacking the metals pre-emptively prior to the release of the FOMC/NFP reports to prevent break-outs to the upside.
■The implications of the spiking 10 year Treasury bond with over $400 Trillion in interest rate swaps held by the major banks
- would the banks be able to handle a rise in Treasury rates?
■1,300 tons of custodial gold held by the BOE (likely owned by France, Italy, & Spain) likely leased out onto the market over the first half of 2013 were required
- to prevent a systemic financial collapse in the wake of the Cyprus bail-in
- due to collapse of confidence in the banking system throughout Europe.
■While the bullion banks have largely covered their gold & silver short COMEX positions,
- the bullion banks are still stuck .....with a massive short gold position
- on the..... LBMA,
- and a sudden rise in the price of gold could stimulate
- a crisis in ....the physical market in London!

Sahara

- some interesting - quotes/references/extracts
- re connecting - some dots etc

http://www.theforbiddenknowledge.com/hardtruth/nwo_elf_tyranny.htm

Re the biiger picture
- Nothing new under the sun &
- a salutory tale....of what happened...last time

Last time.... a very small man with a very small moustache
- had grand designs....on the world
- The BofE helped rebuild his country after WW I - and he dutifully repaid their investment....right through WW II (discreetly via the BIS)
- The Rockerchappies helped fund him..through the war....via IG Faben...in his quest for the world conquest
- And grandpappy Bush...Father/grandfather to Pres GW I & GW II had his assets confiscated...after WW II for trading with ....the enemy (ie the man with the small moustache)

During this time in history.....the man with the small moustache
- recruited the....clergy

- to pacify...the sheeple
(& it worked well)

With that short lesson in history..... back to ....today

Those nice FEMAle-people in the US....... have just sent out - to 2,600 clergy/pastors

- Instructions on them assiting in ....pacifying....the sheeple !!

First hand account of it - spoken by "A Government...State Legislator"
(Just 10 mins...and includes...more too)







If history doesn't repeat....it commonly..."rhymes"

Will "Partial Jaw" .....ahead - rhyme this time ??

Sahara

I think you expressed an interest in this field

http://www.youtube.com/watch?feature=player_embedded&v=s4ga9FCHSKc

Dr Brian O'Leary
(Former astronaut & Physics Professor at Princeton)
- conveys a lot in - 60 seconds

http://www.youtube.com/watch?feature=player_embedded&v=i2Abuj53Y6E

10 mins

Cheers Gaz - Have seen some before but worth seeing again.

Tesla had managed to acquire endless free energy from within the earth 100 odd years ago, and with a simple machine the size of a loaf of bread, every household could tap into this supply of free energy for nothing more than the cost of the low priced machine. But obviously this would have deprived the oil barons of their vast income so had to be swept from public view.

(Tesla discovered the earth was like a dynamo and therefore he could produce an abundance of free energy from the heat generated. Along with 'radiant energy' machines)...

http://home.earthlink.net/~drestinblack/generator.htm

S.

Miners drifted down and tagged a support line. Which is also in the vicinity of the Fib cluster...



I was away early friday so may have to take on heges today if we continue lower.



S.

Notice miners may want to form a skewed 'H&S' pattern which would mean a drop to the lower red line and a back-test of the black breakout line?/.

Alternatively we get a bounce from the Mid Bollinger Band which is the 20/DMA...



S.

Miners 'Bear Flag' Objective...



S.

A 7% down week...



S.