from Zero Hedge
While over the past week Trump has hardly needed outside help to generate a spectacular dose of media scandals, overnight an unexpected attack came from none other than French socialist president Hollande expressed extreme revulsion at Donald Trump’s “excesses” in the U.S. presidential campaign and warned against the authoritarian tone adopted by the Republican nominee.
Coming from the man who defined the term “shampoo socialism” when it was revealed that his personal hairdresser costs the French people €11,000 per month, Hollande knows excesses when he sees them. In fact, Hollande is not just anybody. Recall that “everyone needs their hair done, no?” Stephane Le Foll, the government spokesman, said after the weekly cabinet meeting at the Elysee Palace Wednesday in Paris. “I can understand people’s questions, I can understand their judgments. He’s not just anybody, that’s all.”
HSBC’s profits slumped 29pc in the first half of 2016 amid concerns over the EU referendum and the state of China’s economy.
During the Precious Metals Webinar, Tom Cloud discussed how one ounce of silver will now buy six months of food in Venezuela. This is a perfect example how precious metals become the best stores of wealth during a currency collapse and hyperinflation.
With Democrats howling that Vladimir Putin hacked into and leaked those 19,000 DNC emails to help Trump, the Donald had a brainstorm: Maybe the Russians can retrieve Hillary Clinton’s lost emails.
Today top trends forecaster Gerald Celente warned one of the biggest central bank gambles in world history failed as the gold market prepares to skyrocket to $2,000.
Silvercrest Metals was formed by the former management of Silvercrest Mines, which was acquired by First Majestic in 2015 for $154 million. The primary property interest for Silvercrest Metals is the Las Chispas project.
In the run up to the EU referendum the establishment REMAIN camp had peddled a perpetual year long story that UK house prices would collapse or crash if BrExit happened, as operation fear each month ramped up the threats of that which awaited a post Brexit Britain.
August can be a tough month for stocks — and a market that seems to get more listless by the day isn’t making it speed along any faster.
Technical Analysis of the gold sector reveals a number of red flags, such as negative COT numbers and a mining sector that is at least temporarily overbought, having more than doubled since January.
Dear Friend of GATA and Gold:
Good Day… And a Wonderful Wednesday to you… Cardinals blow another game last night, but it happened well after I went to bed, so when I went to bed we were winning! I’m greeted this morning with a song from the Beatles, as they sing: When I’m 64… I sometimes wonder, if I should sing, will you still need me, will you still feed me when I’m 61… Can you tell I’m feeling somewhat unappreciated these days? No worries, I’ll get over it, now that I’m back in the saddle again… Sorry no Gene Autry lyrics today… I woke up late, didn’t hear the alarm, the boot up time this morning seemed to take an eternity, the computer speed is snail like, and so I’m really behind the 8 ball this morning… UGH!
The global elites are using negative interest rates to do the same thing as inflation — make your money disappear. One way to avoid negative interest rates is to go to physical cash. In order to prevent that option, the elites have launched a war on cash.
Contrary to the spurious “morning in America” refrains of the Democratic convention, the nation is heading for ruin but not due to violent crimes or terrorist threats on main street; it’s owing to the larcenous economic policy crimes of the Imperial City which Trump’s GOP convention narrative hardly mentioned.
TOKYO – Bank of Japan officials clashed over the need to modify stimulus measures in June, a discussion summary showed Wednesday, as tensions grow over the central bank’s ever-looser policy and its diminishing returns.
Atlanta Fed president Dennis Lockhart keeps making a fool out of himself by yapping about rate hikes for over a year.