Read the Transcript
Read the transcript of Precious Metals Market Report with Franklin Sanders here (PDF)
Listen to the Money & Markets MP3 audio file
Listen to the Interview MP3 audio file
Listen to the Complete MP3 audio file
Audio Chapters
1. Introduction and Theme “Power Shift”
2. Money & MarketsIn Money & Markets this week Catherine takes a look at the latest market trends, as well as the current transference of economic power that is occurring between systems. She examines current trends in Geopolitics and the apparent increase in space technology.
3. Hero Our hero this week is Pearl Fryar, a gardener and artist.
4. Ask Catherine Catherine answers questions submitted by subscribers.
Hi Catherine,
I watched the documentary Moon Rising that you mentioned in one of your posts and noticed you posted some youtube material on a subject touched on in the film; space elevators. Then you posted some material on space elevators that I think needs a counter perspective. I believe Wall Thornhill and folks working on the Electric Universe Theory have addressed this topic in one of their Space News shorts that points to evidence of the presence of upper atmospheric lightning that indicates the existence of an electrical circuit between the sun and the earth. This would turn a space elevator into basically a giant lightning rod. Pretty compelling stuff.
Well, we could just “go galactic” and say that our planet is undergoing a complete shift in consciousness, energy and light and that finally the truth is going to gain strength with every passing day. Maybe it is getting easier for people behind the scenes, who are numbering more and more, and who are in positions of power, to protect those who come forward.
Hi Catherine,
You mentioned the Solari Summit and wanting to gather ideas from subscribers.
Have you all thought about an interview with Ellen Brown of webofdeceitblog.com?
Too late for Franklin’s discussion so maybe you and Chuck Gibson will touch on inflation expectations for early 2013 during the qtrly review.
Catherine,
What events will precipitate an end to the ridiculously obvious paper manipulation (futures) of the precious metals market IE, the spot price? The huge paper gold dump that dropped the price below $1500 last April…
Is taking away property rights the next step and forcing each family to live in a community and house HUD determines? Since most of the deeds to mortgages are held by Boston Federal Bank; will they have the power to distribute these deeds as they determine?
5. Discussion Catherine discusses her interview with Franklin Sanders and the current precious metals markets.
6. Let’s Go to the Movies! Catherine reviews A Man Named Pearl, one of her favorite documentaries.
7. Closing
September 19: Coming Clean, Crowdfunding
Septrember 26: A Jon Rappoport Report
October 3: 3rd Quarter Wrap-up
Related Resources
Current Markets Chart
Lockheed Martin Chart
Natural Gas Chart
Charts:
Article’s Courtesy of Franklin Sander’s The Moneychanger:
Working Around Roadblocks: Community Monetary Innovations in Africa
Fighting Poverty With Weapons That Work: Lessons From the Mothers’ Union in Africa
Referenced Articles:
General Wesley Clark: Wars Were Planned – Seven Countries In Five Years
HUD’s New ‘Fair Housing’ Rule Establishes Diversity Data for Every Neighborhood in U.S.
HUD Unveils Massive Integration Plan
The Governance Shell Game: Where is the Money?
Why are Glen Greenwald and Charlie Rose So Lucky?
The Breakaway Civilization, Part Two with Dr. Joseph Farrell
Movie Review: Moon Rising and Moon Views
By Catherine Austin Fitts
This week on The Solari Report, we will post my interview with Franklin Sanders of the The Moneychanger about events in the precious metals market.
Precious metals investors are weary from a long consolidation in gold and silver prices from 2011 highs. Even as pawn shops work overtime to attract in as much gold as possible in the face of continued strong demand for bullion, the question hangs over the market, “Is the long term bull market in precious metals over? Was this part of a commodities supercycle that has ended with strong deflationary headwinds? If not, then what is going on?
(Click on image to view larger)
Recent rises had gold and silver prices up as much as 8% and 25% in August. However, prices are now dropping again.
(Click on image to view larger)
And if you think gold and silver are down, the mining stocks are truly in the financial dog house.
(Click on image to view larger)
We are approaching the time of the year which has traditionally been strong for precious metals prices. That means investors are expecting a clear direction to emerge. Either the bull market is over or a primary trend should reassert by next Spring.
Franklin and I will discuss what is happening with gold and silver and what it means to current investors and those looking to acquire more.
We will post the interview on Thursday afternoon. Then join me live for Money & Markets on Thursday evening as I discuss events of the week. Make sure to post your questions on the blog, by e-mail or at the webinar software if you are listening live for Ask Catherine.
Franklin will be joining me from South Carolina this week. So in Let’s Go to the Movies, I will review a uniquely Southern story, A Man Named Pearl. One of my favorite documentaries, it tells the story of one of the greatest living gardeners of the American South, topiary artist Pearl Fryer of Bishopville, South Carolina.
http://www.youtube.com/watch?v=WfXWwgZCAiI
Looking forward to it!
In William J. Bernstein’s recent and very short and interesting book, Deep Risk – How History Informs Portfolio Design, he looks at what has happened over the 20th century as it relates to the risks of inflation, deflation, government confiscation and devastation. Gold bullion it seems is one of his least favorite asset classes for the most likely scenarios of inflation or government confiscation. The most surprising information was that gold bullion is not a bad thing to own, but history shows it has not done particularly well in serious inflation. Better is, as a core holding, a diversified stock portfolio for long term defense against risk – even in the event of military devastation can regain their value. He suggests TIPS are also good for inflation senarios. And Bernstein’s commentary is very contrary to Franklin’s about how fiat money has proven better for the economy than “creepy” bullion in modern history.
Catherine.
It occurs to me there is an urgent need to develop a ‘Popsicle Index” model appropriate for low resource settings such as in sub-saharan Africa. Such a project would greatly enhance the ongoing work by many sensible people who are quietly shifting the 20th century ‘development’ paradigm and away from the emergent globalization model that currently dominates this space. Such a Popiscle Index model for sub-Saharan Africa must necessarily build on the strength of existing local structures, is moral, and is culturally and economically appropriate for this space. Great interview this week. Best, AB