Gold $2,000 An Ounce By Next Year, Mining CEO Says; Looming Crises, Geopolitical Fireworks On Horizon For 2015 Investment Banker/ Gold guru warns of "financial and geopolitical fireworks', 'many crises looming on the horizon for 2015'
By Martin Hill
LibertyFight.com December 28, 2014
Marketwatch reported Friday that gold surged to '$22.10, or 1.88%, to $1,196.30 an ounce on the New York Mercantile Exchange Friday,' and that 'Silver for March delivery SIH5, +2.39% gained 43 cents, or 2.7%, to $16.14 an ounce.'
However, several precious metals experts predict an increase in the price of gold in the coming year- with one prominent mining CEO predicting an almost double increase, to $2,000 an ounce by the end of 2015. Another chief economist at a prominent investment bank has predicted a rising gold price, 'financial and geopolitical fireworks' and 'many crises looming on the horizon for 2015.'
"Rob McEwen, chairman and chief owner of McEwen Mining Inc. (TSX:MUX)(NYSE:MUX) told Kitco News that he expects gold to reach US$2,000 an ounce by the end of 2015, with that figure linked to less supply on the horizon. "We've seen a lot of the gold that went into the ETFs and this hoarding that occurred from 2005 to 2011, a lot of it has come out," McEwen said. "ETF gold was a multiple or two of annual production at certain points during that period, and that gold has come out of the ETFs and gone to Asia. "So, the next time gold runs, there's not as much gold available," he said. "The supply of gold has been curtailed both through cutbacks and development projects - so there's going to be a gap in production that could be three to five years long before it's properly addressed."
Miningmx recently reported that "Gold "guru" Martin Murenbeeld - chief economist at Dundee Capital Markets - has issued his forecasts for 2015 indicating a rising gold price." Murenbeeld added that "2015 will see more financial and geopolitical fireworks" and that "indeed it is very possible that the average gold price for 2015 will be higher than forecast (as happened in 2014) precisely because of the many crises looming on the horizon for 2015." [miningmx.com: Gold bugs be of good cheer, 12/22/14.]
Our goal is to be a profitable, mid-tier gold & silver producer in S&P 500. McEwen Mining's principal assets consist of the following:
Production: A 49% interest in Minera Santa Cruz SA, owner of the San Jose silver-gold mine that is located near Goldcorp's Cerro Negro project in Argentina; and Phase I of the El Gallo complex in Sinaloa, Mexico.
Development: Phase II of the El Gallo complex in Sinaloa, Mexico; The Gold Bar project in Nevada; as well as the Los Azules copper deposit in San Juan, Argentina.
Exploration: The Company has a large portfolio of exploration properties in Santa Cruz province Argentina, surrounding the San Jose mine and Goldcorp's Cerro Negro project in addition to significant land packages in Nevada adjoining Barrick's Cortez mine and surrounding our El Gallo complex in Mexico.
In a January 2014 video interview, Rob McEwen told Kitco News Constantly Changing Mining Laws "A Nasty Habit" - McEwen (1/28/14): "McEwen expects great results from the expanding El Gallo 1 mine and says the company is now interested in expanding "through the Americas." With regards to government regulation in the mining industry, McEwen says governments have a 'nasty habit' and are 'penalizing the industry.' "I do think it is a trend though. Governments look to form capital and they abuse it," he adds.
Martin Hill is a Catholic paleoconservative and civil rights advocate. His work has been featured in the Los Angeles Daily News, San Gabriel Valley Tribune, The Orange County Register, KNBC4 TV Los Angeles, The Press Enterprise, LewRockwell.com, WhatReallyHappened.com, Infowars.com, PrisonPlanet.com, Economic Policy Journal, TargetLiberty.com, FreedomsPhoenix, Haaretz, TMZ, Veterans Today, Jonathan Turley blog, The Dr. Katherine Albrecht Show, National Motorists Association, AmericanFreePress.net, RomanCatholicReport.com, WorldNetDaily, HenryMakow.com, OverdriveOnline.com, Educate-Yourself.org, TexeMarrs.com, Dr. Kevin Barrett's Truth Jihad radio show, Strike-The-Root.com, Pasadena Weekly, ActivistPost.com, Los Angeles Catholic Lay Mission Newspaper, KFI AM 640, IamtheWitness.com, Redlands Daily Facts, SaveTheMales.ca, BlackBoxVoting, The Michael Badnarik Show, The Wayne Madsen Report, Devvy.com, Rense.com, FromTheTrenchesWorldReport.com, BeforeItsNews.com, The Contra Costa Times, Pasadena Star News, Silicon Valley Mercury News, Long Beach Press Telegram, Inland Valley Daily Bulletin, L.A. Harbor Daily Breeze, CopBlock.org, DavidIcke.com, Whittier Daily News, KCLA FM Hollywood, The Fullerton Observer, Antiwar.com, From The Trenches World Report, and many others. Archives can be found at LibertyFight.com and DontWakeMeUp.Org.
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Introducing RandPaulZionist.com: Because We Really Need To Do Better In 2016 12/23/14
This site will be a clearing house for Rand Paul Zionist information- keeping a close watch on Randy as he ramps up to his attempted 2016 presidential bid. As someone who heartily supported Ron Paul for president, it's offensive to me that Rand would use his father's support & money base to get elected to the U.S. Senate and then betray his constituents to the degree that he has. Starting with endorsing Romney, slathering at the 'wailing wall,' etc. etc. You may not know that Rand has actually admitted in official Senate speeches that he "meets with Israeli groups daily," a story I broke last year. There are many similar stories in our archives.
I realize that Rand Paul's rhetoric on domestic issues and supposed 'limited government' are better than all the other legislators in Congress. But I believe there is a very serious reason that we as Americans need to reject people like Rand outright, and we should admonish and shame them publicly. The bottom line is that you can promise to 'cut government' all you want, but if you support the maniacal neocon-Zionist foreign policy of giving trillions to Israel and defending Israel at all costs, you're not a friend to Americans or an advocate of peace. Not to mention my good friend Greg from Houston, who made international news in 2010 when he confronted George H.W. Bush in a pizza place and called him a piece of ^%$# Zionist murderer, is helping me with the site. Stay tuned! ;-)
Rand Paul to Ferguson: "Come on guys, you got to wait to have your kids." (Government Meddling in Procreation: Is Rand Paul a Crypto-Eugencist?) 12/1/14
"Birth control is not our business. I cannot imagine anything more emphatically a subject that is not a proper political or governmental activity ... or responsibility," President Eisenhower said in December 1959. Oh how things have changed, with even supposed 'limited government' politicians promoting 'family planning.'
Don't let that cop search your car! (The Supreme Court held that the Fourth Amendment prohibits a police officer from further searching a vehicle which was stopped for a minor traffic offense once the officer has written a citation for the offense.)
"The more one does what is good, the freer one becomes. There is no true freedom except in the service of what is good and just. the choice to disobey and do evil is an abuse of freedom and leads to "the slavery of sin." [CCC 1733]
"Freedom is exercised in relationships between human beings. Every human person, created in the image of God, has the natural right to be recognized as a free and responsible being. All owe to each other this duty of respect. the right to the exercise of freedom, especially in moral and religious matters, is an inalienable requirement of the dignity of the human person. This right must be recognized and protected by civil authority within the limits of the common good and public order." [Catechism of the Catholic Church 1738.].
A 'Mission' lecture series on The Four Last Things: Death, Judgement, Heaven, and Hell: - By Fr. Isaac Mary Relyea
This is an absolute must-hear from my favorite website, AudioSancto.org. I highly recommend this five part series of free audio lectures by this traditional Catholic priest on the most important things which we all will face. (Of course we will experience only three of the four last things, since a person can not go to both Heaven and hell.)
Did you know that the United States government willingly helped slaughter tens of thousands of Catholics in North America only 80 years ago? It was called the Cristero War, a Masonic led slaughter of Catholic freedom fighters. Below is our work documenting the matter. I also highly recommend the excellent film For Greater Glory which was released in July 2012.
Part 1: When the U.S. government supplied ammo & military planes to kill thousands of Catholics 9/18/13
This is an expose on the U.S. government's role in the slaughter of tens of thousands of Roman Catholics in Mexico fighting for their freedom to simply practice their faith. For naive well-intentioned Catholics who believe that we should always trust the government, these documented facts should be a real wake up call. As Archbishop of Baltimore Michael Joseph Curley stated at the time, "Our government has armed Calles's killers!"
Part 2: Admitted Fact: U.S. Govt supplied 10 Million rounds of ammo, 10,000 Rifles, planes & tanks to slaughter thousands of Catholics 10/17/13
LibertyFight.com has further documented many original sources which confirm for the record that the U.S. Government supplied directly from United States arsenals ten million rounds of ammunition, ten thousand Enfield rifles, machine guns, & military aircraft to slaughter innocent Catholics. We found Testimony taken at the U.S. Senate Subcommittee on Foreign Relations heard in 1920 and the original New York Times newspaper articles reporting the military supplies ordered by president Herbert Hoover.
U.S. Senate Testimony On the Cristero War April 29, 1920 On Thursday, April 29, 1920, The United States Senate Subcommittee on Foreign Relations heard Testimony taken at Washington D.C. Among the many people who testified were Fr. Francis P. Joyce, a Captain and Chaplain in the United States Army, Monsignor Francis C. Kelley, President of the Catholic Church Extension Society of the United States of America, and Catholic nun Mother Elias De Sta Sacto, of the Discalced Carmelite Order. Note that this testimony was taken on April 29, 1920, which proves that the countless abuses, murders and sacrileges enacted upon Catholics by the Mexican and United States Governments began much earlier than 1926 and extended much later than 1929, as is the period commonly referred to when discussing the 'Cristero War.'
"...My friends, have we not learned that modern wars settle no disputes? By this time are we not dissillusioned? Do we not realize that wars are the enemy of democracy? Do we not appreciate that poor men- the laborers and farmers- pay for all wars- pay with their lives or their liberties?"
Fr. Charles E. Coughlin of Royal Oak, Michigan had one of the most popular radio shows in the U.S. during the late 1930's. At his height of popularity, upwards of thirty million listeners tuned in to his radio show each week and he received 10,000 letters per week with a clerical staff of over 100 people. He advocated a sound money system, abolition of the Federal Reserve, a non-interventionist foreign policy, and was a stringent opponent of both Nazism and Communism, which he pointed out was funded by corrupt Jewish interests and international bankers. Fr. Coughlin exposed war-mongers and government propagandists, which made him a real threat to the establishment. He was a devout and influencial priest who stressed the Gospel and teachings of Jesus Christ. The government banned his programs and threatened to arrest and imprison him. I consider Fr. Coughlin one of the wisest and greatest American heros ever. His material is an absolute treaure, a must-see.
His work, in retrospect, was prophetic and still holds true today.
There is a well circulated clip of Fr. Coughlin on stage at an Illinois rally shouting about the treasonous politicians in Congress who refused to oppose the Federal Reserve Bank's control of American money, noting "They're not even Americans, these so-called Democrats and Republicans!" [Father Coughlin speaks against the Federal Reserve.]
An influential critic of president Roosevelt and America's empirical foreign policy, Coughlin became the target of FDR himself, who was temporarily successful in getting Coughlin kicked off the air.
LibertyFight.com has put together seven articles documenting specific aspects of the brilliant and heroic work of Father Charles E. Coughlin. I have compiled hundreds of newsletters, pamphlets, books and recordings written and spoken by this priest who to this day is shamefully and dishonestly smeared as un-American and an 'anti-semite'. In reality the exact opposite is true. A close examination of Fr. Coughlin's work is important for a revealing documented historical perspective. Also, it relates to the situation today because the same war-mongers, bankers and internationalists about to start World War III by getting the U.S. entangled in a completely fraudulent, unwinnable, an unnecessary war in Syria. As the saying goes, there is nothing new under the sun.
I encourage everyone to download Fr. Coughlin's absolutely invaluable books and listen to his recordings. More posts of interest will come in the following weeks and months as time permits. The story of how I came across this great historical figure is here. Resources are at the bottom of this page.