We Are In "Never Never Land" Accounting As U.S. Government Is "Missing" $21 Trillion
- The U.S. government is "missing" $21 trillion between the Department of Defence (DOD) and Department of Housing and Urban Development (HUD)
- Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system "will take some big hits before the end of the year" (see video below)
- They can publish financial statements that are "complete fiction with no accountability to you and call it national security"
- Gold is one of the "primary real assets" and a "core holding" ... "I love gold ... I am also a silver fan"
- "I am getting reports that silver is getting hard to find ... go and try to buy a bunch of silver. It's tough..."
- "But make sure wherever you hold your gold" that the "custodian relationships" and where you have gold and silver stored are "absolutely safe"
- Own "real assets" and "have as little leverage and debt as possible..."
News and Commentary
Chinese Gold Panda Coins Officially Listed on Shanghai Gold Exchange (GBTimes.com)
Gold treads water on reports new China tariffs imminent (Reuters.com)
Trump's latest tariff threat could scuttle trade talks with China (MarketWatch.com)
Asian Stocks Slip as Trade Concerns Resurface (Bloomberg.com)
Barrick Gold Seeks Chinese Partners, May Slash Headcount (Bloomberg.com)
Silver Drop to 32-month Lows Prompts Sellout of Silver Eagle Coins at U.S. Mint (MarketWatch.com)
Investors See a Bargain in Silver, but Is It for Real? (Barrons.com)
$250 Trillion in Debt: the World's Post-Lehman Legacy (Bloomberg.com)
BCA: The "Bubble In Everything" Threatens $400 Trillion In Assets (ZeroHedge.com)
9 Hindenburg Omens in a Row (TechnicalIndicatorIndex.com)
Gold Prices (LBMA AM)
14 Sep: USD 1,206.20, GBP 918.76 & EUR 1,030.58 per ounce13 Sep: USD 1,206.65, GBP 924.41 & EUR 1,038.68 per ounce12 Sep: USD 1,197.80, GBP 919.07 & EUR 1,033.10 per ounce11 Sep: USD 1,194.00, GBP 915.92 & EUR 1,028.75 per ounce10 Sep: USD 1,195.80, GBP 923.28 & EUR 1,032.45 per ounce07 Sep: USD 1,200.75, GBP 928.30 & EUR 1,031.32 per ounce
Silver Prices (LBMA)
14 Sep: USD 14.22, GBP 10.83 & EUR 12.15 per ounce13 Sep: USD 14.23, GBP 10.90 & EUR 12.24 per ounce12 Sep: USD 14.16, GBP 10.90 & EUR 12.22 per ounce11 Sep: USD 14.13, GBP 10.85 & EUR 12.19 per ounce10 Sep: USD 14.22, GBP 10.99 & EUR 12.28 per ounce07 Sep: USD 14.19, GBP 10.90 & EUR 12.20 per ounce