Friday, September 23, 2011

Olbermann Calls Out Mainstream Media For “Blackout” Of Wall Street Occupation

The Press has become criminal in the lack of reporting going on in this country. We might as well live in China!

Friday, September 2, 2011

Pan Asian gold exchange

If you don’t know the metals markets, you need to understand that the futures markets are controlled by the banks.
A ratio of 1 to 100, some say 5000 ratio to keep the price under control.
If the bankers lose control on the metals markets- the game is over, as everyone will learn that currencies around the world are losing purchasing
Power at an accelerated rate.
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Central bank flight to Federal Reserve safety tops Lehman crisis

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Tuesday, August 23, 2011

Want to Smack Down the Criminal Global Banking Cartel?

Do you want to participate in smacking down the criminal global banking cartel? J.S. Kim, the founder of the consulting firm SmartKnowledgeU, explains how to do it.
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Wednesday, August 17, 2011

High Crimes At The SEC: Time To Fire and Prosecute Mary Shapiro

This isn't just about Rome burning burning while Nero fiddles or Obama riding a bus through Podunk, Iowa while his wife travels abroad with an entourage of friends on the Taxpayer dime. This is about criminal liability at the SEC and those responsible for enabling corrupt Wall Street enterprises and thieves like Madoff to operate without fear of prosecution. If Obama does not take leadership in this situation and really shake up the SEC, including getting rid of Mary Shapiro, he may well go down as the worst President in history.

As one former SEC staffer describes it, the agency is now filled with so many Wall Street hotshots from oft-investigated banks that it has been "infected with the Goldman mindset from within."

Matt Taibbi of Rolling Stone has published an excellent report detailing how an SEC whistleblower has exposed the SEC's practice of destroying all documents connected to any investigative inquiries about possible illegal activities on Wall Street. As it turns out, there is a long legacy of SEC officials who are hired away into lucrative positions at big Wall Street firms as a means to squash any potential investigations into fraud and corruption based on these inquiries:
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As Chavez Pulls Venezuela's Gold From JP Morgan, Is The Great Scramble For Physical Starting?

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David Rosenberg's 12 Bullet Points Confirming The Double Dip Is Here

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Tuesday, August 16, 2011

JP Morgan's Fractional Gold Scheme Is Working

The real reason JP Morgan recently decided to open and operate a Comex gold vault is now in full view. A close friend of mine in the NYC hedge fund community informed me today that hedge funds are now buying gold from JP Morgan, who turns around and "safekeeps" it for them for 15 basis points (that's .15%) on the market value of the gold being stored. My friend referred to this as "allocated" gold. On the surface it looks like the smart money "gold rush" is on.

But, in the wisdom of Shakespeare via Macbeth: "nothing is but what is not." The "what is not" part of the above business transaction is the full, 100% allocation of the gold being purchased. In other words, just as those of us who understand how the game is being played - and have pointed this out explicitly with proof from the GLD prospectus and other examples - JP Morgan is employing the traditional Wall Street/banking business model of fractional gold ownership. This is not new, as Morgan Stanley was successfully prosecuted for this same scheme several years ago when the firm was exposed for selling physical silver to high net worth clients - and "safekeeping" it for a fee. The scheme was exposed when a few of them demanded delivery and Morgan Stanley was unable to deliver the actual silver on a timely basis. Please use google to find the case if you are curious about the details. Only those of us intimately involved in the precious metals market at the time even bothered to care about this case.
JPM

Silver Market Update

Ready to launch?
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Thursday, August 11, 2011

When will silver go up?

When Gold is very hard to get. Talked to a coin dealer and his connection to finding gold is getting harder. Very high premiums on new gold and now the Comex is raising margin rates again.

Saturday, August 6, 2011

S&P downgrades US credit rating

The downgrade, hours after markets closed on Friday, is a first for the U.S. since it was granted an AAA rating in 1917.
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Thursday, August 4, 2011

Robert Prechter Jr. says buy Silver?

Had to post this one. Now even the deflationist himself is calling for everyone to buy Silver!
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Wednesday, July 20, 2011

Blatant Silver Manipulation Caught Red Handed!

Great quick video on the mini smack down yesterday in the silver market. 250,000,000 paper ounces of silver were sold in a minute. That was a 1/4 of the global annual production of silver. And they were only able to smack it down a buck or so before we fully recovered. At the beginning of May the shorted 8,000,000,000 paper ounces or 8x the global annual production of silver to knock silver down $15+.

The key thing here is that this is all a paper fantasy. There are only 26 million ounces in the registered vaults of the CRIMEX. No one deposited and sold 1oX that amount in real physical silver. This game will continue until there is a failure to deliver and from that moment on the physical market will render the paper market completely irrelevant.
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Friday, July 15, 2011

Ever wonder the correct position bankers should be in society

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Should the tax payer keep bailing out the banks?

Does the eurozone need to promote more fiscal responsibility? Is Italy too big to fail? Can the EU afford a Greek default? And isn't it already bankrupt? Can new institutions and profound restructuring save the currency? CrossTalking with Scheherazade Rehman, Jim Rogers and Dennis Gartman.
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Q&A With The Doc- I Was Waiting to Buy Silver at $25-$28, NOW What Do I Do?

Anthony writes:
Hi Doc,
I foolishly believed/ hoped that silver would correct to $29-27 or even $25. Of course, it did not and now I'm starring at almost $39.00 an ounce spot!!! Will there be at least another $1-2 or more correction, where I will "immediately purchase all I can with both hands"?
Mr. Sprott is calling for $55 an ounce by years end, I think. What are your thoughts?
God help me, I will not be so foolish again!
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A Great Video To Wake People Up

And now for an important message to all us ants.......
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Why gold could soar further – and when it could stop

Love it, JPMorgan talks about Gold. Read some of the comments after. So funny my nemesis talking here.
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Wednesday, July 13, 2011

How Big Will Your Monthly Payment Be?

A new AARP Social Security Benefits Calculator launched yesterday arrived at just the right moment.
Not outliving their retirement savings is emerging as one of baby boomers' top concerns. One of the most important decisions you make, in this regard, is when to claim Social Security benefits.
When should you claim? It's a straightforward question with no easy answer.
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11 Silver Investor Mentality Shifts

We are going to see a huge shift in silver investor mentality. (By the looks of today’s action it could be today.) Silver buyers will no longer be “nerdy”guys talking about Austrian Economics or “momentum monkeys”trying to make a quick buck trading metals. It will be wide eyed panic buying as people wake up to the fact they everything they have ever worked for is being destroyed by the massive money creation from the world’s central banks. Once people see that the only answer the bankers have is to print more money and that the only answer the politicians have is to spend more money, they will see that there is no safe place on earth to store their wealth other than real tangible assets. And of course the best real tangible asset is silver.
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Silver is Now Rarer than Gold

Most investors assume that because silver is almost 50 times cheaper than gold, it's more abundant.
They're wrong.
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Ron Paul to Bernanke: Is Gold Money?

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Let's take back the Internet!

In this powerful talk from TEDGlobal, Rebecca MacKinnon describes the expanding struggle for freedom and control in cyberspace, and asks: How do we design the next phase of the Internet with accountability and freedom at its core, rather than control? She believes the internet is headed for a "Magna Carta" moment when citizens around the world demand that their governments protect free speech and their right to connection.
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Tuesday, July 12, 2011

The Secret of OZ

*MUST WATCH!!

Many gold and silver bugs believe that a return to a gold standard is the ultimate solution to our current "fiat" problem.
Would it surprise you to learn that a return to the gold standard is in fact the banksters' preferred "solution" to our fiat debt crisis and will accomplish no economic freedom for the masses?
A return to a pure gold standard in which the banksters control the supply of gold (and in turn can create depressions at will) would put the common man in no better of a situation than the current fiat debt currency he is currently enslaved in.

True economic prosperity and freedom for the common man can only be found by a return to the PEOPLE'S MONEY, ISSUED BY THE FEDERAL GOVERNMENT, DEBT FREE.

A return to a gold standard, while allowing a private central bank to continue to control America's money SUPPLY and issue debt currency, will continue to enslave the common man.

Free Silver, or even a fiat dollar issued directly by the federal government, debt free (similar to Abraham Lincoln's treasury issued and controlled "greenbacks") are the ONLY SOLUTIONS to our current world wide fiat debt crisis.

The Secret of OZ is a full length documentary detailing the history of the banksters' continual fight to control the money supply throughout America's history by ISSUING DEBT AS CURRENCY.

From the 1st Bank of the United States and the War of 1812 (started by the banksters after the 1st Bank of the US's 20 year charter was not renewed), to the 2nd bank of the United States (repealed by Andrew Jackson), to the bankster contrived Civil War intended to return America to bankster debt currency (almost thwarted by Abrahan Lincoln's debt free "greenback" until Lincoln was assassinated), to the Crime of 1873 (demonitizing silver, the people's currency, and creating a gold standard), to the bankster's 4th installation of a private central bank in America in 1913 (The Federal Reserve), the documentary is a comprehensive history of America's eternal battle with the banksters over control of the SUPPLY of currency.

If you have a son or daughter in high school, tell them they can skip their American history class this fall if they watch this documentary twice and provide you with a detailed report. Nothing else needs to be known about American history.
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Puru Saxena: QE3 is Inevitable in 2012

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Andrew Maquire exclusive!

For the King World News audience globally that have been patiently waiting, the extraordinary audio interview with London Whistleblower Andrew Maguire is now available! The link is at the bottom.

Last week London Whistleblower Andrew Maguire told King World News that the launch of the new gold and silver exchange in China will destroy the remaining gold and silver shorts. Maguire stated, “The launch of this new gold and silver exchange has flown under the radar, but certainly has my attention. I firmly believe we are marking a pivotal point that will in very short order affect current precious metals price discovery dynamics. We now have an additional factor to be vended into the supply demand equation. This factor will ultimately destroy the remaining short positions in both gold and silver.”
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Portfolio Preparation for the Coming Crises

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Eric Sprott - Paper Markets Are A Joke: Prepare for Bullion Prices to Go Supernova

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Thursday, July 7, 2011

The Silver Platter Opportunity

Every few years, a tremendous opportunity arises. The autumn months of 2007 and the autumn months of 2008 offered such an opportunity to buy silver. That $11 silver price is long gone. Many smart folks seized it. Whatever can be said on such silver platters applies almost equally to gold. The silver sprint gains are typically much larger than the gold steady gains. The coming autumn months will feature a gaggle of supposed financial analyst experts backpeddling in their hasty damage control. They have been broadcasting a wide assortment of low level propaganda posing as competent analysis, as they attempt to make the point that the anti-USDollar trade is done, the gold trade is over, the silver trade is spent. They are so wrong. A comedy of clumsy oafs and dolts on the Wall Street payroll awaits the public in a grand chapter on stage. They will struggle to explain the move in silver over $50 on its way to $80 per ounce. They will struggle to explain the move in gold over $1600 and then $1700 per ounce. The mainstream news has been deeply involved in a delicate balancing act. They must report the news, but it is almost all very bullish for the precious metals. A new financial mini-disaster unfolds almost every week. Last two weeks were Greece. The next week might be Portugal. They must report the news, but it paints a picture of a broken monetary system with debased currencies. They must report the news, but it openly provides the gory blow by blow details of ruined sovereign debt. The United States debt situation is Greece times one hundred.
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BIS Changed Silver Data (From $203 to $93 Billion in Silver Liabilities?)

The Bank of International Settlements (BIS) has changed, or revised, their silver derivatives data in their derivatives reports. The change took place between their June, 2010 report, and their December, 2010 report, for the period of June, 2009. The change was from $203 billion in "other precious metals" liabilities, changed down to $93 billion.

The change took place, in Table 22A: Amounts outstanding of OTC equity-linked and commodity derivatives, By instrument and counterparty, in the category of "other precious metals", for June, 2009, Notional amounts outstanding.
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Sunday, July 3, 2011

Deja Vu In Silver

By Silver Shield,on July 1st,2011
It is a feeling of Deja Vu in Silver.

Once again I am sent all of these articles about the silver bubble collapsing.
Once again I am being contacted about how I should be warning people to sell their physical stash.
Once again we are heading into another holiday weekend.
Once again the can was kicked down the road by the bankers and politicians.
Once again we are touching 33.50 resistance line.
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Friday, July 1, 2011

Tuesday, June 28, 2011

States fight Federal laws deemed unconstitutional

Nullification: Our Rightful Remedy
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Information on Central Bank Gold Holdings

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Massive manipulation on shorting the SLV

(courtesy Ted Butler and Ed Steer)
Here are three paragraphs about the massive short position that exists in the SLV ETF that I snipped out of silver analyst Ted Butler's weekend commentary to his paying subscribers on Saturday...
"The latest short figure for shares in SLV was just released. As of June 15, the short position for SLV rose by 4.2 million shares (ounces), to a new record of more than 37 million shares. The SLV short position now constitutes more than 11.6% of all shares outstanding. This is truly an obscenely large short position for any stock; so large that it is inherently fraudulent and manipulative to the price of SLV from a size point alone. In turn, the price of silver itself is also manipulated given that SLV is the largest inventory of silver in the world. It also means that there are more than 37 million shares of SLV in existence that have no silver backing, as required by the prospectus. There is no question in my mind that BlackRock, the Trust’s sponsor is negligent for this continuing fraud and manipulation in SLV and will, hopefully, be brought to justice."
"So large is the short position in SLV, that it seems impossible that the largest COMEX short, JPMorgan, is not somehow involved in it (and every other manipulative dirty trick in silver). To my knowledge, there is no disclosure as to the identity of short sellers in stocks. As I previously indicated, it seems patently unfair that large long holders in stocks must publicly identify themselves over certain thresholds, but no such rule applies to shorts. My suspicion is that JPMorgan is involved in the SLV short in conjunction with its big COMEX short position. On the one hand, the concentrated COMEX short position has come down significantly; but on the other hand, the short position in SLV has grown to levels never seen. Is there a connection here? I think so. I did privately ask (at the highest levels) that the CFTC inquire into this with the SEC, but asking and getting are sometimes two different things. But given the unusual price action in silver, both at the beginning of May and late last week it would seem reasonable for the regulators to see if there is a connection between the COMEX and SLV short positions. These are very unusual circumstances."
"It is precisely these unusual silver short positions on the COMEX and in shares of SLV that contribute to silver being very special. These short positions exist for a very basic reason; there is not enough real silver available for sale at current prices. That makes it necessary for shares of SLV to be sold short, as not enough silver is available to issue new shares legitimately and in accordance with the prospectus. That makes it necessary for additional COMEX contracts to be sold by existing short holders even though they can’t economically justify their existing large short positions."
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Sunday, June 26, 2011

Closing the 'Collapse Gap': the USSR was better prepared for collapse than the US

Picked this link off a message board. Even thow the article is dated 2006, it really rings true today and gives you a good difference of how well we can handle a collapse in our countries. The US is in serious trouble compared to the USSR.
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How Silver is Like Oil: An Upcoming Explosion

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Wednesday, June 22, 2011

Black Swans From New Normal

One of my favorite writers:
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Euro Crises: Greek Austerity

James G. Rickards, market intelligence executive for research firm Omnis, interviewed today by CNBC about the Greek debt problem, remarked that he expects that the international bailout business soon will pass to the International Monetary Fund and result in the issuance of more Special Drawing Rights, money printing for which no particular government will have to bear sole responsibility, an engine of general worldwide inflation that will punish savers. Rickards added that to create more inflation, the Federal Reserve could buy gold in the market and bid the price up substantially, devaluing the dollar and easing debt burdens. Rickards will speak at GATA's Gold Rush 2011 conference in London in August:
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KWN Special: Jim Sinclair & Dan Norcini

Why silver will fly soon!
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Peter Schiff - US Set to Default, Silver Headed to $200

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Bill King Interview: Europe is the Detonator – The U.S. is the Bomb

-We are currently seeing the Collapse of Western Socialism in Europe.
-A Greek default is the first phase of a chain reaction involving Portugal, Spain, Italy…and ultimately most sovereign debt.
-During this debt “end game” scenario, it’s critical for the investor to be postured in a defensive strategy – including physical gold and cash.
About the Guest: Bill King, has authored “The King Report” for over 18 years. It is an independent view on global, political, financial, and economic factors that influence world markets. As author of the firm’s daily research, Bill’s candid observations and forecast on the economic, financial, and political forces that are impacting the markets have been extremely accurate.
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Tuesday, June 21, 2011

Indian Gold And Silver Imports Surge By Stunning 500% In May

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The 1934 Case Against The Fed

Congressman McFadden on the Federal Reserve Corporation Remarks in Congress,1934

The Federal Reserve- A Corrupt Institution
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If the Dollar Goes, What Happens to Your Portfolio?

Have you considered what will happen to your portfolio―and all the other areas of your life―if the dollar fails? The ramifications will be widespread, painful, and inescapable if you’re not properly diversified.
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SGTBull07 and Lindsey Williams Interview

Lindsey warns of the coming collapse of all currencies and the default of American debt!
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G. Edward Griffin on Inflation, Politics and the Power Elite

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Trader Vic discusses his views on the gold and silver bull markets.

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Catherine Austin Fitts

Insights from a former insider.
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Friday, June 17, 2011

Fiat money inflation in France - Part 1: John Law

Jovanovic, Jovanovic.com, tell the story of the introduction of Fiat Money to France.
Part 1
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Part 2
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Saturday, June 11, 2011

Friday, June 3, 2011

SILVER: A Critical Strategic Metal?

The global demand for silver has exceeded annual production since 1990. In fact, demand has grown by close to 26% since 1995. The demand for silver originates from both industrial and investment sources and that gives the metal a high potential for growth.
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Ron Paul Subcommittee Hearing 6/1/11 on Fed Lending Disclosure

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Wednesday, June 1, 2011

Taxpayer identity theft is soaring

WASHINGTON – Imagine filing your tax return and learning that someone else got your refund. With your name and Social Security number, no less.
The IRS is grappling with a nearly five-fold increase in taxpayer identity theft between 2008 and 2010, a Government Accountability Office official plans to tell a House hearing Thursday. There were 248,357 incidents in 2010, compared to 51,702 in 2008.
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Scotia Mocatta Loses 60% Of Its Physical Silver In One Month To "Reclassification", Total Comex Registered Silver Now Under 30 Million Ounces

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Don’t Hold Your Breath


Our money system is one that is based on debt. For every dollar that comes into existence, there is a dollar of debt AND interest that is owed on that dollar. Quite simply, the only way for our debt based monetary system to work, is that every year debt must be increased in excess of the debt AND interest accrued the year before. This debt can NEVER be paid off, because if it did, there literally would be NO money in the economy and there would still not be enough money to pay the interest back. Please read that paragraph over again, it is so important that you understand that simple principle.
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Michael Pento: Central Bankruptcy – Why QE3 is Inevitable

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Tuesday, May 31, 2011

Richard Russell - Subscribers Should Buy Silver Once Again

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Inflation – Roman Empire VS. U.S.A – What to expect?

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Consolidating US Money Power: The Four Horsemen of Global Banking

If you want to know where the true power center of the world lies, follow the money - cui bono. According to Global Finance magazine, as of 2010 the world’s five biggest banks are all based in Rothschild fiefdoms UK and France.

They are the French BNP ($3 trillion in assets), Royal Bank of Scotland ($2.7 trillion), the UK-based HSBC Holdings ($2.4 trillion), the French Credit Agricole ($2.2 trillion) and the British Barclays ($2.2 trillion).

In the US, a combination of deregulation and merger-mania has left four mega-banks ruling the financial roost. According to Global Finance, as of 2010 they are Bank of America ($2.2 trillion), JP Morgan Chase ($2 trillion), Citigroup ($1.9 trillion) and Wells Fargo ($1.25 trillion). I have dubbed them the Four Horsemen of US banking.
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Sunday, May 29, 2011

Dollar Weakens

Chart update:
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A Golden Buying Opportunity

This latest pullback in the commodities space has presented long-term bulls and inflationists with a terrific buying opportunity in the inflation hedge are.
Indeed, Silver looks to have put in a base and is now challenging resistance at $37.50. If we can break that level with conviction we’re off the to the races again.
The picture is even rosier for Gold which not only held its trendline (and the first line of support) but has bow broken out of a triangle pattern to the upside: a move that predicts a re-test of the highs
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The Silver Bullet And The Silver Shield

“The BEST article written on silver in Ten Years!”- Jason Hommel
“Article of the Week” at Silver Bear Cafe
I found this article dated early this year, but definitely worth a read! The definitive article on Silver......
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Follow up from a few days ago.
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Wednesday, May 25, 2011

Tuesday, May 24, 2011

Senator Rand Paul Vs.The Patriot Act Renewal

The Senate will hold a critical cloture vote on renewing the Patriot Act at 5 pm eastern today, and only the immediate action of C4L members and other true patriots nationwide will put a halt to the ever-expanding surveillance state and save the Fourth Amendment from being pushed further into the shredder.

Contact Sen. Bill Nelson by phone at (202) 224-5274 and Sen. Marco Rubio by phone at (202) 224-3041 to demand they vote against renewing the “Patriot” Act on every vote – including each cloture vote.

On Friday, May 27, three provisions of the misnamed “Patriot” Act are set to expire.

In clear violation of their oaths to uphold the Constitution, the statists in Washington, D.C. are determined not to let that happen.

You see, last week, the House GOP, under the leadership of John Boehner and Eric Cantor (who are turning their backs on the limited government mandate they claimed to support in November 2010), cut yet another deal with Harry Reid – this time to extend the “Patriot” Act for four more years with as little debate as possible!

A four-year extension “conveniently” puts the next renewal vote in 2015 – a non-election year when our brave politicians won’t have to answer for their actions at the polls.

Empowered by the Republicans’ collapse on civil liberties, Harry Reid filed cloture last Thursday.

Don’t accept the statists’ pathetic excuses for one minute – a vote for “cloture” today is a vote FOR the Fourth Amendment-shredding “Patriot” Act.

Please don’t miss this point – if cloture (allowing for the bill to be debated and voted on) fails each and every time he tries it, Harry Reid CANNOT extend the “Patriot” Act.

Period.

But your senators are used to skating through on cloture votes and claiming that they are just harmless “procedure.”

Fellow Patriot, if you don’t turn up the heat on them today, they’ll say they didn’t hear from their constituents about a “procedural” vote – even one that enabled Reid to get everything he wanted with a simple majority vote on final passage.

Your phone calls today will keep that story from being true. You’ll be able to hold them accountable because you told them before the vote EXACTLY what they were going to do to the Constitution.

They need to know–TODAY–that the freedom movement is alive, well, and finished with watching them destroy our liberties.

That’s why your immediate action is needed!

Contact Sen. Bill Nelson by phone at (202) 224-5274 and Sen. Marco Rubio by phone at (202) 224-3041 to demand they vote against renewing the “Patriot” Act on every vote – including each cloture vote.

Reid’s bill is essentially the same bill the Senate and President were trying to rush through Congress without any debate in February – before Rand Paul and C4L members forced them to agree to a 90-day extension.

For ten long years, Americans have been given a false choice by their representatives and senators between trading some of their liberties for so-called “security” and experiencing a new 9/11- style terrorist attack.

This viewpoint was as apparent as ever during the House Judiciary Committee’s final “Patriot” Act hearing, where your pressure ensured C4L was heard in front of Congress.

The problem for our politicians, and in fact for all Americans who feel “safer” after trading some of their liberties, is that 9/11 didn’t occur because of a failure to gather useable intelligence. Rather, it occurred because of the bureaucrats’ failure to use the intelligence that had been gathered.

This is typical of the federal government. Whenever it fails to do its jobs properly, its solution is to throw more money at the problem and grab more power.

The abominable acts that occurred on 9/11 were unjustifiable, but we cannot allow the White House and Congress to destroy the rights and liberties that made this nation great!

Contact Sen. Bill Nelson by phone at (202) 224-5274 and Sen. Marco Rubio by phone at (202) 224-3041 to demand they vote against renewing the “Patriot” Act on every vote – including each cloture vote.

Campaign for Liberty has done everything we can to make our position clear to the politicians on Capitol Hill. Now it’s up to grassroots activists like you to make your voices heard and turn up the heat.

Politics really is just a game of numbers. Will your call be the one that changes your senators’ vote from “YEA” to “NAY”?

Please, help C4L restore our civil liberties and roll back the surveillance state by taking just a few minutes out of your day to call your senators.

Remember Benjamin Franklin’s wise words: “Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.”

The choice whether or not to continue giving up essential Liberty is ours to make today.

In Liberty,

Mark Cross
Executive Director
Florida Campaign for Liberty
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James Turk: Gold Nearing a Staggering Up-Move

James Turk in his latest is calling for a repeat of gold's 1982 action this summer (for those who don't remember, in 1982 gold soared 50% in less than 3 months over the late summer).
That means Turk is looking for a gold price of ~ $2250 by fall.
If Turk and others such as Sinclair are correct, and gold reaches anywhere near $2250 by fall 2011, The Doc's call of $80 silver by end of November will be in the bag. We recommend readers continue to accumulate physical silver during this consolidation period, and be prepared to buy further this week thanks to cartel games during options expiration. Once option expiration is passed and the cartel's recess is over, look for silver to make an attempt at the $40 level over the next 1-2 weeks.
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Belarus Just Devalued Its Currency By 56%

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David Stockman: "Both Parties And The White House Are Advocating A US Default"

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Alan Greenspan Admits To Big Ponzi Scheme

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The 3 Demands of Silver

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Friday, May 20, 2011

The world is cornering the Elite

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Get Ready for Social Security, Medicare Meltdowns

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John Williams Exclusive - Hyperinflation & US Dollar Collapse

When asked how quickly could we see a dollar collapse Williams responded, “It could happen very quickly, but they (the Fed) will try to forestall it as much as they can. When you do get a real panic it may not be containable. In terms of the hyperinflation I don’t think it will be held off beyond 2014. What we’re now seeing in the pickup in inflation here eventually will be seen as the beginnings of it.”
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Paper vs Real: Exit From Normal, Ecological Economics, and Probabilistic Regimes in One Chart

A 20 year chart of the US 30 Year Treasury Bond vs. a broad commodity index is the occassion to make several macroeconomic observations. The comparison reveals how the purchasing power of the long-dated US Treasury Bond has fared against a basket of commodities over the period. Tracking the ability of the US Treasury bond, denominated in US Dollars, to maintain its viability as a capital storage unit is not arcane. Rather, it is central. All institutions and individuals eventually use financial assets to purchase energy, natural resources, and labor. | see: 30 Year Treasury Bond by Price vs. The Reuters CRB Index–CCI Continuous.
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Puru Saxena...and he says that QE3 is pretty much baked in the cake

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Investors Pick Physical Gold Over ETFs In Q1; Comex Registered Silver Just Hit A Fresh All Time Low

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Richard Russell - Silver Shorts Liable to Get Trampled

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Tuesday, May 17, 2011

E' Tutti Pronto Per QE3? (Everyone Ready For QE3?)

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“Silver Price: The Least You Should Worry About”

I heard some disturbing reports about silver supply last month that I felt every investor should know. And while precious metals are currently in correction mode, the long-term concerns with supply won’t disappear anytime soon. In attempt to get a handle on the bullion market, I spoke to Andy Schectman of Miles Franklin, who has contacts that run deep in the industry. What he sees everyday might just compel you to count how many ounces you own…
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Sprott: “The key market is the physical market. I don’t think this raid is going to work.”

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Sunday, May 15, 2011

What If the U.S. Treasury Defaults?

Fascinating article on what could happen if we default or continue down the road of monetary madness. Worth your time. Can't help but wonder if anyone is paying attention in the white house?

A financial crisis is surely going to happen as big or bigger than the one we had in 2008 if we continue to behave the way we're behaving," says Stanley Druckenmiller, the legendary investor and onetime fund manager for George Soros. Is this another warning from Wall Street that Congress must immediately raise the federal debt limit to prevent the end of civilization?
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The Entire US Bull/Bear Debate In One Big Slide

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4 Must-See Charts About Silver

If you read the replies to the article, you see some disagreement as to the coin shortage in these charts. Also the first chart on investor over industrial consumption. Doesn't sound right. Can we trust the bankers to tell us the truth?
?????

Monday, May 9, 2011

Observations of the Silver Smack Down

Most of you have very little idea about how this smack down could have even happened, let me break it down. First and foremost there is a physical silver market. This is a natural market that we all understand intrinsically as little children. The free market pricing mechanism reflects supply and demand. If silver is in short supply relative to the amount of money the price of silver rises. The opposite is true also. Our debt based money is a promise to pay. I heard a funny comment over the weekend, the dollar is an IOU nothing, the Euro is a who owes you nothing. In this physical silver market, you essentially trade paper assets for real assets. Real assets do not have any counter party risk and do not rely on a promise to pay to determine the value of that asset. This is why when the generational ponzi scheme break,s all paper assets will become worthless and silver will be king.
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Alan Greenspan “Betrayed” Ayn Rand and Ruined the Economy, Says Rand Institute President

Greenspanned

Sprott Launches Physical Silver Mutual Fund, Will Likely Soak Up Much Marginal Silver Inventory

Sprott

The Collapse of the American Standard of Living, Inflationary Depression

Bob Chapman

Anatomy Of Silver Manipulation - How Low Can It Go?

The market manipulators are terrified of silver prices. What more can they do to keep you from buying.
bankers panic

So About That Speculative, And Undisputed, Silver Bubble...

bubble?

Thursday, May 5, 2011

I Smell BS

I Smell BS
By Silver Shield, on May 5th, 2011
So we got Bob Moriarty crowing all day on my blog about his third call to short silver in three months after missing a 60% move up. The banksters coordinated attack on silver right when Osama bin Laden news came out and coincidentally my 4 sites get taken down. Throw in an unprecedented 5 margin raises in two weeks and a 28% drop in 4 days of trading. You would think that the fundamentals had changed and billions of ounces of silver suddenly flooded the coffers of the CRIMEX for such a hard and fast drop.

Or the we are pulling all of the troops home and cutting the Military Industrial Complex to by 75%.
Or suddenly the economy is back and manufacturing is creating jobs and a trade surplus.
Or the China had a change of mind and decided double up on dollars and keep buying even more American debt.
Or the the sock puppets in Washington figured out a way to finance $4 trillion or even cut the trillion dollar deficits.
But alas nothing has changed, in fact things have gotten even more bullish for silver.
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China’s “To-Do” List: Amass Gold, Create World Currency

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Parabolic Moves are Only Temporary for Silver and Gold

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Expect Vicious Bullion Selloff to Be Short-Lived

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Global wealth confiscation scam continues using trillions in fiat debt

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Collusion by Fed officials and Commodity Exchange heads has its intended effect

What a take down today. No free markets here!
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Tuesday, May 3, 2011

The Silver Bears Are Back

And that would be bears as in cartoon bears, who are now back for the 6th installment of their periodic, and very much unique and extemely politically incorrect and PG-18 recap of key developments in the silver market. Love them or hate them, they do provide an interesting thought experiment on what happens if silver does finally experience the long-expected technical drop.
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Eric Sprott - “Sprott Has More Physical Silver Now Than Ever!

With silver recently plummeting from $50 to the $40 area, today King World News interviewed Eric Sprott, Founder of Sprott Asset Management to clear up some misperceptions about Sprott’s sales of PSLV. There is a great deal of misinformation out there regarding what Sprott was actually doing when SAM sold some PSLV. When asked about what has transpired Sprott remarked, “Well Eric in response to your question, any proceeds that we’ve received from selling PSLV have immediately gone back into silver or other silver equities. And I can tell you we have the highest position in physical ownership that we’ve ever had, and we have not lost one ounce of our encouragement for the outlook for the silver price.”
audio

Monday, May 2, 2011

It’s the End of the Dollar (As We Know It)

Do we feel fine? With each passing month, the dollar moves closer to becoming what one might call a ‘normal’ currency, in that it is gradually losing the pre-eminent reserve currency status it has enjoyed since the 1920s. In certain months, including that just passed, the end approaches rather more swiftly. While we have always regarded the demise of the fiat dollar as both necessary and inevitable, it is important to understand that, using history as a guide, what lies ahead is highly likely to be some combination of unpredictable, disorderly and even dangerous. But rather than stand as deer in the headlights, investors need to take action to prepare. Most important, they need to diversify away from not only dollar assets, but from fiat currencies and financial assets generally.
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Is The Comex Getting Desperate To Prevent Longs From Taking Delivery?

link

Banksters Covered 26 Million Silver Oz Short Position

The big question is, if we are in a blow off, parabolic, unsustainable top, why are the banksters covering their shorts?
Got Physical Silver?
silver

John Williams: Hyperinflation and Double-Dip Recession Ahead

Economic recovery? What economic recovery? Contrary to popular media reports, government economic reporting specialist and ShadowStats Editor John Williams reads between the government-economic-data lines. "The U.S. is really in the worst condition of any major economy or country in the world," he says. In this exclusive interview with The Gold Report, John concludes the nation is in the midst of a multiple-dip recession and headed for hyperinflation.
shadowstats

Three Times in Five Days!

Silver margin rates upped again!
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The Dollar collapse was predicted in 1981

Here's a video on today and 1981 movie. Rollover.
video

Pure Criminality: Big shake down

Great article on todays shake down of the silver markets. Don't need anything else to explain it. Jon
I hope precious metals newbies have not been emotionally derailed by last night's obvious ambush of silver by the corrupt Wall Street bullion bank cartel. It's funny because just yesterday I was chatting with my significant other, who happens to be from Las Vegas, about organized crime. She mentioned that Vegas is full of organized crime gangs, not just the casino mafia. I replied that any area that generates tons of cash flow is mired with organized crime and extreme corruption: Vegas, DC and Wall Street most prominently (obviously there are others but those are the biggest). Little did I know that several hours later the action in electronic silver trading would ironically highlight my point about Wall Street!
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Sunday, May 1, 2011

More On The Silver Dive: "Massive Sell Orders"

Looks like the old sell into low volume trick to flush the stops and kill the weak hands has worked again. Throw in last week's two CME margin hikes and Friday night's margin bonanza by MF Global, and one had a perfect storm set up for another wipe out in silver to start the week.
silver

China on Massive Gold Accumulation Program

Gold

Friday, April 29, 2011

It's Getting Plain Silly: MF Global Hikes Silver Margin To 175% Of CME, Or Over 10% Of Contract

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GoldCore Questions On Comex Silver Default Due To Secret Buying By Russian Billionaire, Chinese Traders and People's Bank Of China

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Money & Power: Goldman Sachs

It has two parts, from 2 videos on the history of Goldman Sachs. From the beginning of the Federal reserve to the latest bailouts, Goldman has been there. For those who don't know much, checkout the first video before you watch the 2nd.
video

Currency Dead End Paradoxes

Several very important currency effects are at work. Most economists are either silent on the factors or wrong footed on the dynamic. That is not surprising since they have been incorrectly analyzing, interpreting, and forecasting the financial crisis as it built up in 2005 and 2006, and as it exploded in 2007 and 2008 to surprise almost all of them, even as it has failed to recover in 2009 and 2010 in contrary fashion to their deceptive rosy positions. The major currencies must be examined for some key paradoxes. As the monetary system crumbles into its final phase, the foundation under which the major currencies stand, trade, and change is breaking down. Refer to the sovereign debt structure, overly burdened by runaway government debt. The focus here is on some important paradoxes that go directly against both common sense and traditional economic logic. The unusual under-currents have confused most economists to the point that the economist profession has become a laughingstock to the American households, a chain of promotional carnival barkers for Wall Street in pursuit of annual bonuses, a heretic priesthood to parade in front the media cameras, and a den of USGovt harlots in search for official gatekeeper posts. They understand pitifully little within the USEconomy, within the US banking industry, and within the fracturing latticework in global finance. My acrimony toward their profession has been the most consistent theme of the Hat Trick Letter for seven full years. The following paradoxes are powerful contradictions that fly in the face of standard economic theory.
Jim willie

Wednesday, April 27, 2011

Rogers: Silver could hit 'dangerous' level of $150 this year

Commodities expert Jim Rogers has warned silver could turn “parabolic” and rise to $150 this year.
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$50 Silver: Sell, Sell, Sell?

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Contrarian Setup for Delayed QE3

The critical question facing the market and the nation is -- what will happen when the Fed halts its monetizing machinations at the end of June? Some believe that the Fed will (out of fear) immediately move into QE3. My own guess is that after June 30, the Fed will wait a bit, just to see how the markets are reacting to the end of quantitative easing.
link

Tuesday, April 26, 2011

Short Sellers Now Screaming About a Buy Side Silver Conspiracy

One fantastic article:
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Richard Russell endorses gold manipulation thesis

Russell is a long-time gold bug, but for traditional inflationary reasons. He resisted the new argument, developed by writers associated with Bill Murphy’s Le Metropole Cafe website, that the gold price is manipulated by a Washington-Wall Street alliance.
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London Source - Asian Buyers Will Take Silver Over $100

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Silver Undergoes 10% Correction As Dollar Poundage Resumes; Dollar-Backed Swiss Franc Now Flight To Safety

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Apmex Starts Reverse Inquiry: Seeks To Buy "Any Quantity" Of Silver From Clients At $3 Over Spot

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CME Hikes Silver Initial And Maintenance Margins By 9%

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Is the World Too Big to Fail? The Contours of Global Order: Noam Chomsky

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Sunday, April 24, 2011

Why Is Anyone Still Waiting to Sell the Dollar?

"The Fed can buy billions, even a trillion or so, but if and when the market is moving against the policymakers then there is no stopping. The Fed cannot stem that tide. There is only so much that they can manage and so it is something that they have to watch very carefully. At the same time, they are not terribly concerned. If the bond market is falling, you do not know whether it is because of more economic growth or because of more inflation, and you really only know after the fact.
link

Why Investors Are Buying Silver As If There Is No Tomorrow

Silver's traditional use categories include coins and medals, industrial applications, jewelry and silverware, and photography. The physical properties of silver include ductility, electrical conductivity, malleability, and reflectivity. The demand for silver in industrial applications continues to increase and includes use of silver in bandages for wound care, batteries, brazing and soldering, in catalytic converters in automobiles, in cell phone covers to reduce the spread of bacteria, in clothing to minimize odor, electronics and circuit boards, electroplating, hardening bearings, inks, mirrors, solar cells, water purification, and wood treatment to resist mold. Silver was used for miniature antennas in Radio Frequency Identification Devices (RFIDs) that were used in casino chips, freeway toll transponders, gasoline speed purchase devices, passports, and on packages to keep track of inventory shipments. Mercury and silver, the main components of dental amalgam, are biocides and their use in amalgam inhibits recurrent decay.
Silver

China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings

China appears to be getting ready to cut its USD reserves by roughly the amount of dollars that was recently printed by the Fed, or $2 trilion or so. And to think that this comes just as news that the Japanese pension fund will soon be dumping who knows what. So, once again, how about that "end of QE" again?
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Thursday, April 21, 2011

How to Keep Your Silver Safe

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Exorbitant Privilage

For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all $100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than $1,000 per Chinese resident.

This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However, recent events have raised concerns that this soon may be a privilege lost. Among these have been the effects of the financial crisis and the Great Recession: high unemployment, record federal deficits, and financial distress. In addition there is the rise of challengers like the euro and China's renminbi. Some say that the dollar may soon cease to be the world's standard currency--which would depress American living standards and weaken the country's international influence.

In Exorbitant Privilege, one of our foremost economists, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows how the greenback dominated internationally in the second half of the century for the same reasons--and in the same way--that the United States dominated the global economy. But now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be as dominant. But this does not mean that the coming changes will necessarily be sudden and dire--or that the dollar is doomed to lose its international status. Challenging the presumption that there is room for only one true global currency--either the dollar or something else--Eichengreen shows that several currencies have shared this international role over long periods. What was true in the distant past will be true, once again, in the not-too-distant future.

The dollar will lose its international currency status, Eichengreen warns, only if the United States repeats the mistakes that led to the financial crisis and only if it fails to put its fiscal and financial house in order. The greenback's fate hinges, in other words, not on the actions of the Chinese government but on economic policy decisions here in the United States.

Incisive, challenging and iconoclastic, Exorbitant Privilege is a fascinating analysis of the changes that lie ahead. It is a challenge, equally, to those who warn that the dollar is doomed and to those who regard its continuing dominance as inevitable.
audio

Saturday, April 16, 2011

Say "Goodbye" to the Dollar

It appears, with the addition of South Africa to the BRIC alliance, that gold is being contemplated as a means for backing a new reserve currency. China and South Africa are the two leading gold-producing countries. Russia is the sixth leading gold producer, and Brazil is 15th. But this is not an easy game to win, because the dollar's position is almost unbeatable. Furthermore, the United States, Canada and Australia have steady gold production. But here, at the BRIC Summit, a serious challenge is being mounted. If the dollar is to be overthrown, a humble beginning must be attempted. And who knows what countries will join the BRIC Summit next year?
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Bernanke: there is no inflation

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Inflation Explained

From the bears who explained quantitative easing so that even CNBC anchors now know what POMO is, comes the follow up: Inflation explaine