Two of the three major indices in the U.S. close down.
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The Dow and the S&P both closed down today while Nasdaq closed up.
What a load of BS, Ithought zerohedge was better than that.
There was no panic!
It was just standard procedure for the bullion banks. If you weren’t expecting the Friday takedown from the commercials, you should not be in the bullion market.
But apparently I was wrong, because it was not the bullion banks.
It was the BIS, Bank of International Settlements!
http://kingworldnews.com/alert-bis-intervened-in-the-gold-market-to-assist-battered-gold-shorts/
They were being sarcastic with the word panic. Who dumped $5 Billion in Gold on the European close would have been less sensational.
Not much of a take down for $5billion dump.
96% Of Clinton Donations Went To The Clinton Foundation
Moments ago, when we showed the newly released Clinton 2015 tax return, we posted a rhetorical question: “how much of the Clinton charity donations went to the Clinton Foundation? Taking a deduction for contributing to the employer of your daughter and expense payer of your husband is awesome.”
We now know the answer: as page 29 of the tax return reveals, of the $1,042,000 in charitable cash contributions, exactly $1 million went to, you guessed it, the Clinton Family Foundation, whose expenses pay among others those Clinton family members and friends employed by the foundation, like Chelsea Clinton who happens to be the foundation’s Vice Chair. Is this the ultimate Clinton reacharound?
http://www.zerohedge.com/news/2016-08-12/96-clinton-donations-went-clinton-foundation
Notice Frank G. IS ON THE BOARD. Is Frank Holms still flying with Billy.
https://m.youtube.com/watch?v=p6AaWjsGpv4
Assange talking about Hillary
Uranium One, Wheaton River, Silver Wheaton, Gold Corp all have things in common?
Frank Giustra, right, a mining financier, has donated $31.3 million to the foundation run by former President Bill Clinton, left
Frank Giustra is president and chief executive officer of Fiore Financial Corporation, a private firm managing a broad portfolio of private equity investments. Frank has an established track record of building natural resource companies through access to capital and creative deal-making. As president and later chairman and chief executive officer of Yorkton Securities in the 1990s, he grew the firm into a leading natural resource investment bank. As chairman of Endeavour Financial from 2001 to 2007, his vision and leadership led to the successful launch of numerous resource companies, including Wheaton River Minerals (acquired by Goldcorp), Silver Wheaton, and Pacific Rubiales Energy. http://www.nytimes.com/2015/04/24/us/cash-flowed-to-clinton-foundation-as-russians-pressed-for-control-of-uranium-company.html?_r=0
Hacked DNC File: Fears over Hidden Clinton Foundation Donations from Former Russian Uranium Exec
On Tuesday, hacked Democratic National Committee (DNC) files released by the Guccifer 2.0 hacker reveal circulated talking points intended to combat the Clinton Cash revelation that the former head of the Russian uranium company UraniumOne, Ian Telfer, made four undisclosed Clinton Foundation donations totaling $2.35 million—a clear violation of Hillary Clinton’s ethics agreement with the Obama administration to disclose all donations.
In an April 29, 2015 memo titled “Friends and Allies Talking Points—Clinton Giustra Enterprise Partnership (CGEP),” Clinton surrogates were instructed to respond to questions about undisclosed foreign donations by Ian Telfer, a Canadian, accordingly:
This is hardly an effort on the Foundation’s part to avoid transparency. In fact, the main donor noted in the Post article as contributing to CGEP (Canada) — Canadian businessman Ian Telfer — was also disclosed as a Foundation donor. So the fact of his status as a Foundation contributor was not at all a secret.
CGEP …There is another fine group
Giustra is also behind Lithium X (LIX.V) (LIXXF).
From the mind of Elon Musk!
http://undergroundreporter.org/flying-cars-reality-five-years/
I’m not going to invest in that. The physics does not work until we have really, really cheap energy.
Hooray the end of motorway pileups….Oh dear the birth of air pileups, bits of cars falling on our heads….GREAT.
CFS, you are tired and old, technology never sleeps. DT
I may be old, but I have, among other things, a degree in physics. How about you?
Hey Mr. Tracy, are you still walking 18 miles a day?
I will not judge you until I’ve walked 18 miles in your shoes. And in one day, no less! 🙂
FSM -Ganoza CEO, one of those top 10 managers you must own.
So far, a biiii-u-tiful ( 🙂 ) symmetrical reverse H&S pattern developing on WTI.
My 2cts.
LPG
Metals bulls don’t want to see a big drop next week. If / when it starts, it’s going to be a biggie. And crude oil is suspect too. It’s amazing so many are bullish metals given the technicals on the daily and weekly charts. The monthly still looks good, for now.
Wrong since January – that is 8 months. Sure, when the metals and PM stocks SEEM to drop, you show up and SEEM to be correct. Convenient?
Could you possibly spend your negative energy somewhere else?
Just cause they “might” drop, does not make it negative. It’s a buying opportunity.
Oh, and Brian, I will remind you about January 20th, where I called the bottom of many commodities and emerging markets ” On That Day”! And had a lot of upside since.
You permabulls get so emotional.. Just be with the market..
DONE
Rick Rule is saying take a chunk off the table in the miners 8/12/2016 on KWN
Paul Brodsky interview, starting near the 14th min.
http://www.macrovoices.com/podcasts/MacroVoices-2016-08-11-Paul-Brodsky.mp3
Best to all,
LPG
Avino Silver & Gold agreement for BRX property
2016-08-12 16:25 ET – Property Agreement
The TSX Venture Exchange has accepted documentation in connection with a letter purchase agreement dated July 8, 2016, between Bralorne Gold Mines Ltd., a wholly owned subsidiary of Avino Silver & Gold Mines Ltd., and Great Thunder Gold Corp., under which Great Thunder has agreed to sell its 100-per-cent interest in the BRX property to Bralorne in exchange for a cash payment in the amount of $65,000 and 10,000 common shares of Avino, both due on closing. Great Thunder will retain 1-per-cent net smelter return royalty until it has been paid a maximum $250,000 under the NSR royalty.
Nice. Thanks DFS. I was posting about their tailings dam and ability to now mine ore from the old tailings over the next 5 years on the Rick A. Editorial. I remain impressed with the management team at (ASM) Avino Silver & Gold.
LPG – Good interview with Paul about debt issue, long-dated treasuries, and the USD.
Thanks for the post.
You know, I hate to be so vocal but, tonight on Fox News, as Trish the redhead said: there’s a lot of meaty stuff for us all to chew into, looking at her I was thinking the same.
Dang, I hope this is no relation to Cory…
Man Who Leaked Clinton’s Medical Records Found Dead
http://yournewswire.com/man-who-leaked-clintons-medical-records-found-dead/
Hillary PAC Spends $1 Million to ‘Correct’ Commenters on Reddit and Facebook
Citing “lessons learned from online engagement with ‘Bernie Bros,’” a pro-Hillary Clinton Super PAC is pledging to spend $1 million to “push back against” users on Twitter, Facebook, Reddit and Instagram.
Correct the Record’s “Barrier Breakers” project boasts in a press release that it has already “addressed more than 5,000 people that have personally attacked Hillary Clinton on Twitter.” The PAC released this on Thursday.
Hope those @ holes try to come into the KER and “coorect” us all.
“coorect”
Hah! “correct” Dang iPad!
Good interview with Rick.
European Close Sparks $5 Billion Selling-Panic In Gold Futures
http://www.zerohedge.com/news/2016-08-12/european-close-sparks-selling-panic-precious-metals