CDIC 2013 Annual Report

CDIC has just released their 2013 Annual Report and here's where we stand.

• Total CDIC eligible deposits: $646 Billion (3.9% increase)
• Total CDIC assets available: $2.56 Billion
• Total CDIC borrowing capability: $19 Billion

Risk Management Conclusion: Even if CDIC borrows the $19 Billion from the federal government they are still under funded by $624.44 Billion. So if Canada's banking system is the safest in the world, do these numbers represent a sound financial system?

STAY TUNED to Central Metals Corp., for a BRAND NEW innovation that eliminates this risk.

Heraeus Market Commentary

Good Morning,

Chairman Bernanke might be calling for a few more coffee breaks, to kill some time before his 2 PM statement, as this morning’s economic data give little reason to debate the current direction of monetary policy. ADP private sector jobs data showed just 130,000 jobs added this month. That’s the lowest level of job add-ons since the beginning of Q2 2013. The more heavily relied upon data, the government jobs data, has been delayed until November 8th because of the government hiatus. On the inflation front, The U.S. Labor Department reported that the Consumer Price Index rose just .2% in in September with 12 month CPI up just 1.2%. Along with a 6.5% unemployment rate, a 2% inflation target was given as the criteria for any pull-back in QE. The precious complex is pushing higher ahead of the conclusion of the FOMC meeting. Gold closed the previous session at $1345.50 and now trades nearly 1% higher at $1356. The yellow metal found some resistance near the $1360 mark, having reached as high as $1359.90. Silver is up nearly 2.5% having closed the previous session at $22.492 and now trades near the higher end of the day’s range at $23.035. Platinum has moved more than 1% higher as well, now trading at $1478 after closing the previous session at $1461.90. The white metal continues to find support from potential strike action from the AMCU. Have a great day!

Tom Hungerford

Heraeus Metals New York LLC

Gold and Silver Financial Review 10/18 by Gold Radio Cafe | Finance Podcasts

Recorded LIVE Today at 12:00pm EST
With co-host Jeff Dunphy

Discover Finance Internet Radio with Gold Radio Cafe on BlogTalkRadio

John Williams Says $2,000 Gold Will Be Cheap In The Future

*****************************************
John Williams discusses gold in the last 15 minutes of this great interview. As we have said many times, it's not about gold, it's about protecting your wealth and preserving your purchasing power. Gold at $10,000 is not a pretty picture because a litre of gas might be $100 and a cup of coffee might be $75? It's about owning "hard assets" that maintain their value in a hyper-inflationary environment and eliminating the intermediaries between you and your assets. BK

STAY TUNED for a major announcement coming soon to Central Metals Corp., it has to do with a brand new innovation with currencies and insurance. We can't say much more now, but it will be a one-of-a-kind solution to eliminate currency risk.  BK

Money System and Mankind

End of the Road

Self-Reliance is key, become your own "Central Bank" with our U-VAULT Account. Take responsibility for your own future and let's get a real recovery started in the USA and Canada, because obviously our bankers and politicians don't know how.    BK

Gold and Silver Financial Review 12/14 by Gold Radio Cafe | Blog Talk Radio

Recorded Live Dec 14 at 12:00pm EDT

Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

Gold and Silver Financial Review With Bob Chapman

"Gold Radio Cafe"

Kyle Bass Says Europe Needs Actual Restructuring

**************************************************
This is a GREAT buying opportunity in GOLD and SILVER for those with disposable cash. 
Here's a LINK to one of the interviews Kyle did recently. He addresses the fact that the COMEX has $80 Billion in paper futures contracts in open interest, and when he asked how much they have in deliverable gold in the warehouse, they said $2.7 Billion? So Kyle being the smart man he is, said just give me a billion in physical and you guys worry about the rest.  BK