Gold “Chart of The Decade” – Maths Suggest $10,000 Per Ounce Says Rickards
James Rickards, economic and monetary expert, joined Bloomberg’s Francine Lacqua on Tuesday to discuss the gold “chart of the decade”, his new book “The New Case for Gold,” why gold is money and why gold is going to $10,000/oz in the coming years.
Gold in USD – 10 Years (GoldCore)
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
The banquet of consequences is about to be served.
If we step back and look at what's happened since the Global Financial Crisis of 2008-09, it's easy to see that the global leadership has chosen to do more of what's failed spectacularly.
Following yesterday's Yen surge in the aftermath of the disappointing BOJ announcement, the pain for USDJPY long continued, with the key carry pair tumbling as low as 106, the lowest level since October 2014 before stabilizing around 107, and is now headed for its biggest weekly gain since 2008, which in turn has pushed the US dollar to to its lowest close in almost a year as signs of slowing growth in the U.S. dimmed prospects for a Federal Reserve interest-rate increase. As a result, global stocks fell and commodities extended gains in their best month since 2010.
Authorities in Belgium are going to supply the entire population of 11 million citizens with iodine pills to protect against a potential nuclear war in Europe. Health Minister Maggie De Block says the drastic measure is to safeguard members of the public against a potential nuclear accident. Yahoo News reports: Iodine pills, which help reduce radiation build-up in the thyroid gland, had previously only been given to people living within 20 kilometres (14 miles) of the Tihange and Doel nuclear plants.
A newly released financial report reveals that a Ukraine based anti-Putin TV station is almost entirely funded by North America and Europe. The anti-Russian Kiev-based station Hromadske.TV was set up to spread anti-Moscow propaganda and has nearly a dozen western government agencies financially supporting it, according to a 2015 report. Forbes.com reports: Who are they? They are the Canada International Development Agency (CIDA); the Embassy of The Netherlands in Ukraine; another Canadian charity called the Ukrainian World Foundation; independent DC-based Pact World; the U.S.