Energy & Commodities

NPK – Verde Potash down 22%

PRK – Potash Ridge down 21%

AAA – Allen Potash down 20%

POT – Potash Corp down over 20%

AGU – Agrium down over $4.00

 

Saving silver before the real confiscation

Posted by Jeffrey Lewis via Resource Investor

on Tuesday, 30 July 2013 16:17

iStock 000019087209XSmall-resize-380x300The general case for holding silver continues to improve as the MF Global and HSBC scandals confirm the absence of any rule of law or justice in the global financial system. The Peregrine Financial fiasco only serves to verify this somewhat jaded viewpoint.

Furthermore, the Cyprus “bail-in” or savings confiscation debacle makes it perfectly clear that keeping more than a small portion of one’s assets in the financial system is increasingly unwise and could be subject to greater risks than most investors think.

Add to this situation a dysfunctional government, the media’s overwhelming daily propaganda, and the fact that the rest of the world is sick and tired of being bullied by the United States. Also understand that many nation deals are being forced to bypass the un-backed fiat U.S. dollar, and it is becoming increasingly clear that the days of paper fiat currency are numbered.

….read more about the Implications of the Cyprus Bail-in HERE

An Extraordinary Confluence Of Rare Events

Posted by Matthew Boesler - Business Insider

on Tuesday, 30 July 2013 15:52

tim-geithner-barack-obama-and-ben-bernankeThe Next Few Months Will See An Extraordinary Confluence Of Rare And Significant Economic Events.

First and foremost on the minds of financial market participants is the Federal Reserve’s monetary policy meeting on September 18, upon conclusion of which the FOMC is expected to announce a reduction in the pace of its monthly bond purchases to $65 billion. 

…..read about the rest HERE

 

Stocks eked out some gains Tuesday as investors all round the world prepared for a run of economic developments, particularly out of the U.S., that may determine how financial markets perform through the rest of the summer.

Though the U.S. Federal Reserve is not expected to announce any policy changes at the conclusion of its two-day meeting on Wednesday, investors will be monitoring a raft of economic data this week that could well influence expectations of a change in its monetary policy.

….read more http://ow.ly/nsK3Y