ISIS releases details of its new currancy with golden 1 & 5 dinar, silver 1, 5, 10 dirham and copper 10 & 20 fils
Archive
Posts Tagged ‘silver’
ISIS Unveils Its New Gold-Backed Currency
November 13, 2014
Comments off
ISIS releases details of its new currency with golden 1 & 5 dinar, silver 1, 5, 10 dirham and copper 10 & 20 fils
Adopting a gold standard will shut down the printing presses and not allow the financial elite to manipulate the money supply and perpetuate the fractional reserve scam which is a monumental form of embezzlement and thievery.
It turns out the ISIS scam driving the war machine of the state may also serve the propaganda purposes of the financial elite and the central bankers.
The terrorists, beheaders and crucifiers are adopting a gold standard.
From The Daily Mail earlier this week:
While ISIS has yet to confirm the introduction of its currency, social media is awash with claims that leading religious figures announced the plans during recent prayers in Mosul and Nineveh province.
It is believed the terror outfit wants to
Categories: Precious Metals, Terrorist
gold, ISIS, silver, terrorists
Silver Outperforms Everything as Dow Sinks 225 Points
August 16, 2013
Comments off
On Thursday, gold (NYSEARCA:GLD) futures
for December — the most active contract — jumped $27.50 to close at $1,360.90 per ounce, while silver (NYSEARCA:SLV) futures for September soared $1.15 to finish at $22.94.
Both precious metals climbed significantly higher despite jobless claims reaching pre-recession levels. The Department of Labor on Thursday reported that new claims fell 15,000 from the previous week’s revised figure of 335,000. This report painted a slightly better picture of the labor market.
“The data continues to improve and impress the marketplace, and I think the data will continue in this direction,” Bank of Nova Scotia’s head of treasuries, Charles Comiskey, told Reuters. ”Then the question becomes not whether they are tapering in September, but how much.”
While jobless claims provide the first look at the employment situation for any given month, the weekly figures can Read more…
Categories: Silver
precious metals, silver
Gold Sellers in Houston Must Submit to Fingerprints and Mugshots
February 12, 2013
Comments off
Instead of reducing crime, the new law will instead put a damper on the sale of gold, silver and other precious metals
Last week the Houston City Council passed an ordinance requiring people who sell precious metals to be fingerprinted and photographed.
According to KTRK-TV, the ordinance is “meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.” In other words, citizens who sell gold will be considered criminals until they demonstrate otherwise.
“It’s going to allow us the tools necessary to combat a lot of the high-end jewelry thefts that’s going on in the city, whether it’s robberies or burglaries,” Houston Police Officer Rick Barajas told the news station last Wednesday.
Audi S8s, Shelby Mustangs, BMW M5s, Dodge Chargers and Honda S2000 roadsters are stolen thousands of times a year and yet people who own them are not required by government to be fingerprinted and photographed in Read more…
Categories: Biometrics, GOLD, Precious Metals, Silver
Biometrics, gold, Houston, precious metals, silver
Gold and Silver Registration in Illinois
January 10, 2013
Comments off
A bill to register gold and silver coins: It had to come. It has been introduced in Illinois, the most anti-gun state in the USA. … Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties. − TeaPartyEconomist.com
Dominant Social Theme: This is to keep everyone safe.
Free-Market Analysis: Thanks to economist Gary North for this one. The bill, Illinois SB3144, passed the state senate in the spring and was handed off to the house this fall. With three Read more…
Categories: Illinois
gold, Illinois, precious metals, silver
Silver at four-month high amid QE3 hopes
September 3, 2012
Comments off
Silver prices touched their highest level in more than four months on Monday as the prospect of a fresh bout of quantitative easing from the US Federal Reserve rekindled interest in the precious metal.
Investors have largely shunned silver this year after being burnt by a year of wild price swings that saw it touch a 30-year high in April 2011 before plunging nearly 35 per cent in a fortnight.
But silver, whose primary use is industrial despite a recent surge in investor demand, has jumped 15.8 per cent in price in the past three weeks and on Monday peaked at $32.20 a troy ounce.
The gains have outpaced those of gold,
which has risen just 5.2 per cent over the same period.
The “mint ratio” between the two precious metals, a favorite trade of hedge funds and other investors, has moved 9 per cent in silver’s favour since mid-August – the first time silver has outperformed Read more…
Categories: Precious Metals, QE3, Silver
Ben Bernanke, gold, precious metals, QE3, silver
Silver prices jump, playing catch-up to gold
February 29, 2012
1 comment
Silver prices shot up 4.5 percent Tuesday, playing catch-up to gold.
Silver is both a precious and an industrial metal. Traders can buy it to hedge against a volatile stock market, as they do with gold. But it can also be used to make products like computer chips, meaning prices can rise when traders expect demand from manufacturers to go up.
In March contracts, silver rose $1.616 to $37.14 per ounce. It’s up roughly 10 percent from where it was a year ago.
Sterling Smith, senior market analyst at Country Hedging in St. Paul, Minn., said part of the reason silver is surging is that traders believe it’s Read more…
Categories: GOLD, Precious Metals, Silver
commodities, gold, precious metals, silver
Silver may continue to outperform others
February 22, 2012
Comments off
Silver has displayed a smart rally in the current year so far, rising 21.2 per cent from January onwards. And, there are indications it would continue to outperform other metals like gold and copper. This would be good news for India’s largest silver producer, Hindustan Zinc, as the metal is likely to contribute 14-20 per cent to its Ebitda (earnings before interest, taxes, depreciation and amortisation) margins.
Barclays Capital’s commodity outlook says: “The current profile of our price forecast suggests precious metals would be the strongest sector in 2012. We expect silver to reach $38 and rise even further in the third quarter of 2012, before profit booking sets in. At present, it is in a consolidation mode.”
Barclays says physical demand has been driving silver for the past few weeks.(Click here for graphs)
Following record gains in silver in late 2010 and early 2011, prices crashed towards $25. Since then, they have rebounded to $33-36. Currently, silver is facing strong Read more…
Categories: Silver
commodities, precious metals, silver
Gold and Silver Are Headed for Record Highs
February 1, 2012
1 comment
Gold and silver are on fire.
The yellow metal is finishing up the month of January with a gain of more than 10%.
But silver is the star… It’s going to double the performance of gold for the month.
In fact, silver is up 21.5% in January!
To put that into perspective, silver’s January gain has outperformed the Dow’s 2011 performance. It also outperformed last year’s gains in the NASDAQ and S&P 500.
You might think that since these metals are up so much for the first month of the year, they’re ripe for a pullback. And that may be correct.
However, the charts of both gold and silver — but especially gold — are insanely bullish…
This is a weekly chart of gold going back nearly three years:
As you can see clear as day, gold is forming an Read more…
Bernanke Lights a Fire Under Gold and Silver Prices
January 26, 2012
2 comments
“Party on!” was Federal Reserve Chairman Ben Bernanke’s message to Wall Street yesterday, as he announced that the Fed will be keeping interest rates at “exceptionally low” levels until late 2014, owing to concerns about stubbornly-high unemployment and the sustainability of the current statistical recovery. Bernanke also confirmed that for the first time in the Fed’s 99-year history, the institution will explicitly target a 2% inflation rate, as measured on the Personal Consumption Index (PCI). Other central banks have long had explicit inflation targets, but not the Fed.
Unsurprisingly given their enthusiasm for easy money, the market response to this move was euphoric. The Dow gained 0.64% to settle at 12756.96, while the Nasdaq tacked on 1.14% to settle at 2818.31. Asian and European exchanges have also reported Read more…
Categories: GOLD, Silver
Ben Bernanke, commodities, Dollar, Federal Reserve, gold, inflation, precious metals, QE3, silver
![[Most Recent Quotes from www.kitco.com]](https://i0.wp.com/www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](https://i0.wp.com/www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
crisisboom
CRISISBOOM 
You must be logged in to post a comment.