Tag Archives: SGTReport

SGTReport – Madoff Has Insisted All Along That J.P Morgan Knew About Ponzi Scheme – 27 October 2013

SGT Report

“It was very obvious to the banks what was going on.”

by Sital S. Patel , Market Watch:

Bernie Madoff has been insisting for five years that the banks knew and were complicit in his massive Ponzi scheme, that defrauded customers out of billions of dollars and left people devastated.

“With me, they turned a blind eye,” said Madoff in an in-person interview in early May, at a federal prison in Butner, North Carolina.

Madoff spent much of the two hours emphatically insisting the banks on Wall Street were complicit in his Ponzi scheme, but left him alone because he was a major client for them.

Read More @ marketwatch.com

via www.sgtreport.com / link to article

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SGTReport – Biggest Gold Mine In The World Shutdown – Is This The Catalyst Gold Has Been Waiting For? – 4 June 2013

from Seeking Alpha:

In an earlier article we laid out the case for the importance of annual gold mining production and how it heavily influences the supply picture of physical gold. Gold mining companies have been having a tough time controlling gold costs, and the true all-in costs of an average ounce of gold is now being produced at close the $1300 per ounce. Even with the price of gold averaging more than $1600 per ounce in 2012, total gold production was down for the miners we researched, which encompassed more than 25% of total annual gold production.

Higher premiums are still present from Dubai to Shanghai, U.S. Mint sales have been breaking records, and other mints and refiners are producing gold coins and bars round the clock to meet demand for physical metal. Counterintuitively, the market price of gold has been dropping even as we see the highest amount of physical demand in years.

Read More @ SeekingAlpha.com

www.sgtreport.com / link to original article

SGTReport – The End Game – With Andy Hoffman And Miles Franklin – 17 April 2013

Uploaded on 15 apr 2013 by SGTbull07 Continue reading

SGTReport – The Criminal Cartel Attacks : No Shelter From Their Crimes – 15 April 2013

Uploaded on 14 April 2013 by SGTbull07 Continue reading

SGTReport – Cyprus Americana – Humanity VS The Banksters – 19 March 2013

Uploaded on 18 March 2013 by Bigsteelguy3 Continue reading

SGTReport – Bitcoin Runs Laps Around Metals, Nearly 40% Gains Since 1 February – 17 February 2013

 The digital gold standard known as Bitcoin has shown impressive strength in the mist of the recent drop in all precious metals. Gold lost 40 dollars in a 24 hour period to close for the weekend at $1610.30. This loss reflects a 2.4% drop. Silver had a more significant drop falling from $31.00 to close at $29.80 dollars an ounce. This reflects a 3.4% drop in the common man’s gold. These drops have occurred despite, as Harvey Organ reports, the gold demand for the quarter was 6% higher year-on-year at $66.2bn marking the highest ever Q4 total and driving annual demand in 2012 to a record value of US$236.4bn. Continue reading