Guest post via Gold Silver Worlds.
A remarkable event has taken place in the gold and silver markets in the past two days. It didn’t go unnoticed to anyone following these markets. The gold and silver mining shares have been sold off hard. The drop was out of proportion and did not reflect the actions in the stock market nor in the metals. The fact that the miners have been leading bullion up since August, raises the question if this marks a structural shift in the direction of the shares and the metals, or if both assets will start moving separately in the coming weeks and months.
This article explains the answers on these questions based on the gold cycle analysis. It is an excerpt from The Financial Tap, a service specialized in cycle research (for more detailed insights, readers are invited to consider a free 15-day trial). In a nuthsell: the author is worried about the mining shares but is quite bullish on the metals.
Guest post by Azizonomics.
While the missiles, planes and rockets fly over Gaza and Israel, both Hamas and theIsraeli government have been engaged in a battle of social media. It is a battle to shape the perceptions of the rest of the world.
The IDF appears so far to have the upper hand in terms of social media, having notched up 143,000 followers on Twitter, although Hamas’ al-Qassam Brigades are in swift pursuit having just climbed above 20,000 followers.
Yet to view this as a simple conflict between Hamas and Israel is too superficial. It ignores the history and the context. This is a much bigger and broader tapestry.
Israel‘s escalating air attacks on Gaza follow the depressingly familiar pattern that shapes this conflict. Overwhelming Israeli force slaughters innocent Palestinians, including children, which is preceded (and followed) by far more limited rocket attacks into Israel which kill a much smaller number, rocket attacks which are triggered by various forms of Israeli provocations — all of which, most crucially, takes place in the context of Israel’s 45-year-old brutal occupation of the Palestinians (and, despite a “withdrawal” of troops, that includes Gaza, over which Israel continues to exercise extensive dominion). The debates over these episodes then follow an equally familiar pattern, strictly adhering to a decades-old script that, by design at this point, goes nowhere.
And Michael Chussudovsky writes:
On November 14, Hamas military commander Ahmed Jabari was murdered in a Israeli missile attack. In a bitter irony, barely a few hours before the attack, Hamas received the draft proposal of a permanent truce agreement with Israel.
“Hours before Hamas strongman Ahmed Jabari was assassinated, he received the draft of a permanent truce agreement with Israel, which included mechanisms for maintaining the cease-fire in the case of a flare-up between Israel and the factions in the Gaza Strip.”(Haaretz, November 15, 2012)
F-16 fighter planes, Apache helicopters and unmanned drones were deployed. Israeli naval forces deployed along the Gaza shoreline were involved in extensive shelling of civilian targets.