Thursday, March 31, 2011

JP Morgan Could Learn from the Treasury

JP Morgan has a new excuse for its massive silver and gold investments. Short or long, whichever it happens to be claiming at the moment, Morgan says it is holding the silver for clients. To buffer its claim, JP Morgan insists the holdings are the result of a new lending window it created, where investors can deposit their gold for safe-storage and obtain a loan in the amount of the gold borrowed.

Don’t Believe the Chart, the US Dollar is Dropping Like a Stone

I want to take a moment to address the US Dollar’s collapse.
The US Dollar which most investors follow is the US Dollar index. This represents the US Dollar’s value against a basket of major currencies: the Euro, Japanese Yen, etc.
Think about that for a moment: the way we measure the US Dollar’s value is against a collection of other un-backed paper currencies all issued by over-indebted, bankrupt nations.
In other words, its nonsense.

QE Is Dead, As QT Is In Full Swing All Around The World

In recent weeks, the Fed and the ECB have begun sounding a tad more hawkish, but official monetary policy is still extremely accommodative.
But outside of the developed world, emerging markets are in the full throes of the opposite of QE, quantitative tightening (QT), as noted in the latest edition of Morgan Stanley's Global Monetary Analyst.
The key idea here is that just as QE is a way of loosening monetary policy without adjusting the headline policy interest rate, QT represents various methods of tightening policy without aggressively hiking interest rates. A key thing to think about is that while these countries want to cool their overheating economies, they don't want to see their currencies surge (remember currency wars?).
QE to QT

The Neverending Cycle Of QE, And America's Rejection Of Globalization

QE will only lead to more QE

Wal-Mart US CEO To America: "Prepare For Serious Inflation"

No surprise here! More reason to own the metals...

Tuesday, March 29, 2011

Silver for trade


China's Dagong Sees No Threat Of Fed Monetization Ending, Believes "World Credit War" Is About To Escalate


Silver shortfall of 350,000 tonnes


Food Inflation Kept Hidden in Tinier Bags

As an expected increase in the cost of raw materials looms for late summer, consumers are beginning to encounter shrinking food packages.

With unemployment still high, companies in recent months have tried to camouflage price increases by selling their products in tiny and tinier packages. So far, the changes are most visible at the grocery store, where shoppers are paying the same amount, but getting less.

Precious Metals Investing: Expect Fireworks in Silver

The ongoing drama at the silver COMEX should reach a climax this week. Just to quickly review, for the month of March (a silver delivery month) 1,383 contract holders deposited enough cash in their COMEX accounts to fully fund the purchase of 8.9 million ounces of silver. As of Thursday, March 24, there were still 632 futures contracts open, meaning 3.16 million ounces are still awaiting delivery even though the month is quickly drawing to a close.

Monday, March 28, 2011

With The CFTC Position Limit Response Period Over, Here Are Select Opinions By PIMCO, World Gold Council And Goldman Sachs

Again, who owns the CFTC. Not the American people!

Silver Price Suppression: How, Why and Effect

The CFTC is “owned” by the banks they are supposed to regulate. Instead of ensuring the sanctity of our capital markets, enforcing meaningful position limits, they aid-and-abet the banks in their price rigging [undoubtedly in the name of fiat preservation / National Security].

New Report Projects Bullish Silver Industrial Demand Outlook Through 2015

Definitive report at the bottom of the page. Link to PDF. This leaves no doubt about future demand of industry alone. We aren't even talking about the destruction of the dollar.

Surf Warning: Tsunami to Lift Gold, by Jim Willie, CB


Morning Note: Gold Replacing Dollar as World’s Reserve Currency?

More articles like this everyday.....

“My target for Silver: $45 – $48 in the next couple of weeks.”

Unrealistic? Or will the CFTC come threw with futures holding limits.

Dollar doomed

Bob Chapman part 1 & 2

Friday, March 25, 2011

The Dollar Will Collapse Within 3-4 Months

The US Dollar's inflationary death spiral continues. We've now taken out the 2010 low leaving only two more lines of support before we're in completely uncharted territory.

At its current rate of collapse, the US Dollar will do this within the next 3-4 months. This means the greenback will break into a new all-time lows by 2H11, which will precipitate the coming inflationary collapse.

The Bears Are Back - Presenting Part 5 Of The Silver "Thesis"


Thursday, March 24, 2011

JPMorgan Holding 30,844 Ounces of Silver for Clients

As I mentioned a couple of days ago…this is UNREAL. Let’s see the bank that has multiple lawsuits against it for silver price manipulation is the custodian of SLV and now for COMEX silver. What does this tell you about both entities? Full story below. As a friend said: “This JPM vault is unreal. Like OJ owning CSI firm and investigating his own murder.” God Bless America! (now who else can we go bomb)

Technical & Fundamental Analysis Fall Woefully Short When Assessing Manipulated Markets A History of Rigged & Fraudulent Oil Prices (silver & gold)

And if you have a lot of time to read, this is well worth the time. Lots of data on markets and silver insights.
The story

Silver Review and Outlook

Excellent overview of how silver has been manipulated over the years.

Anonymous' Operation Empire State Rebellion Releases "Civil Disobedience"

And this one is my favorite and much better in my opinion then the one above.

And Like Clockwork, CME Hikes Silver Margins Halting Surge

How many margin increases is this now? Many......

Wednesday, March 23, 2011

an-open-letter-to-citizens of the united states of America


The inflation in the US Is Running Up To 8 per cent

Marc Faber: “The annual cost of living increases are more than 5% today and the Bureau of Labor Statistics is continuously lying about the inflation rate, including Mr. Bernanke. He’s a liar. Inflation is much higher than what they publish.I think that inflation is between 5% and 8% per annum in the US, and in Western Europe, a little bit lower, also 4-5% per annum.”..Marc Faber estimates that inflation in the US was currently Is Running Up To 8 per cent , and between 4 and 5 per cent in Europe. Marc Faber believes that Pakistan may be the next to fall into chaos after Tunisia and Egypt :
"You may not have a problem in Saudi Arabia and in the Emirates, in Kuwait and Qatar, because there the governments can heavily subsidize food if they want to. But I am worried that what has happened in Egypt will happen in Pakistan... I think Egypt is a reminder to people that politics, and social events, and geopolitics have a meaningful effect on asset markets. The developed markets have way outperformed, and now I think that it may be a wake up call that the US outperforms emerging economies for a while."

Will JPMorgan Now Make and Take 'Delivery' of Its Own Silver Shorts?


Investment Legends - “Dollar Collapse Inevitable”

Great interviews with some of the best analysts into 2011 and beyond.

Monday, March 21, 2011

China Imports 245 Tonnes Of Silver In February And Qatar SWF “Interested” In Buying Silver

China Imports 245 Tones of Silver in February and Qatar SWF “Interested” in Buying Silver 

Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to be challenged as gold is less than 1% from its record high and silver less than 2% from its nominal recent high.

More dollar concerns hit the web

More analysts calling for a big drop in the dollar! Panic?

Saturday, March 19, 2011

U.S. cost of living hits record, passes pre-crisis high

One would think that after the worst financial crisis since the Great Depression, Americans could at least catch a break for a while with deflationary forces keeping the cost of living relatively low. That's not the case.

10 Hyperinflation Horror Stories Of The 20th Century

Today, we talk about inflation in emerging markets, the rising cost of food and fuel, and money printing like we're experiencing true hyper-inflationary horrors.
But a quick look back at the last century will yield a bevy of tales detailing what the true horror actually looks like.
Hyperinflation is corrosive not only because it represents an over 50% rise in prices per month but because it represents a loss of faith in a currency as well.
War seems to be a common thread for these countries and the adoption of a foreign currency is a fairly common solution.

Market Technician Quint Tatro—Dollar breaking down & gold not rallying

FSN talks dollar

US Dollar - Failed Annual Cycle Confirmed

The US Dollar is falling apart fast. Really fast. Two days ago it completed a failed daily cycle when it traded below 76.12.
Now, literally within this hour, the US Dollar has already failed its yearly cycle by trading below 75.63. The next downside target for the US Dollar would be the 3 year cycle low at 70.70.

Friday, March 18, 2011

I Think Today is the Day the Dollar Breaks Down

This is really the crux of the matter: The Federal Reserve is in a position where they realize that if they raise rates, they bankrupt the Federal government. So they have to stand pat, and pretend to the public and to themselves that there is no inflation, it’s all just a mirage.

Silver manipulation claims spark discord at US watchdog

We have waited two and half years to hear anyone legitimately explain how a US bank holding a short position equal to 25% of world production isn’t manipulation. No explanation has been forthcoming, nor is it likely to ever be offered.’

FSN Metals Update with David Morgan and John Doody


Hacker group Anonymous declares war on ‘global banking cartel’

The faceless, decentralised on-line community known as “Anonymous” posted a video on YouTube on Monday declaring war against the international banking system in a movement it is calling “Operation Empire State Rebellion”.

What Inflation Means To You: Inside The Consumer Price Index

The Fed justified the current round of quantitative easing "to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate" (full text).
In effect, the Fed is trying to increase inflation, operating at the macro level. But what does an increase in inflation mean at the micro level — specifically to your household?
Let's do some analysis of the Consumer Price Index, the best known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each.
The pie chart below illustrates the components of the Consumer Price Index for Urban Consumers, the CPI-U, which I'll refer to hereafter as the CPI.


How Silver is Mined


Thursday, March 17, 2011

Thomas E Woods: Rollback big government

America is on the brink of financial collapse. Decades of political overpromising and underfunding have created a wave of debt that could swamp our already feeble economy. And the politicians’ favorite tricks—raising taxes, borrowing from foreign governments, and printing more money—will only make it worse. Only one thing might save us: Roll back the government.

Gold confiscation


Tuesday, March 15, 2011

6 Charts Which Prove That Central Banks All Over The Globe Are Recklessly Printing Money

If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies? Well, it is because everybody is recklessly printing money now. The 6 charts which you are about to see below prove this. The truth is that it is not just the U.S. Federal Reserve which has been printing money like there is no tomorrow. Out of control money printing has also been happening in the UK, in the EU, in Japan, in China and in India. There are times when one particular global currency will fall faster than the others, but the reality is that they are all being rapidly devalued. Unfortunately, this is a recipe for a global economic nightmare.
Money printers

World War 3?

Some of the analysts I have been following are converging on the idea that a major war is coming. Gerald Celente, Marc Faber, Charles Nenner all talking about a major war. Why, because after hyper inflation comes the default and then War.
Charles Nenner
Marc Faber
Gerald Celente

Shocking New IMF Report: The U.S. Dollar Needs To Be Replaced As The World Reserve Currency And SDRs "Could Constitute An Embryo Of Global Currency"

Another reason not to own paper money. Jon

Are gold and silver warning us of a new stage in the financial crisis?

In 2009, about 80 million ounces of gold were produced and, according to the Silver Institute, 709 million ounces of silver - about nine times more.
But gold is not nine times more expensive than silver. Nor is it 16, 18 or 20 times more expensive than silver. It is 40 times more expensive.
That seems rather a lot, especially when you consider that most of the gold that has ever been mined remains in the world, yet much of the silver has been consumed by industry.
Is that ratio normal? Or is it some kind of anomaly? Let's have a look...

Wall Street Conspirators Driving Spike in Silver

Dollar up today and wait, then back down? Looks like instead of running to the dollar, the safe play is the Swiss franc. I don't think I want to be in paper anymore. Jon
Fox news discusses silver manipulation. Don't personally like Fox, but here's the story.

Monday, March 14, 2011

The Silver Door Is Closing

I have a little theory that I've been kicking around for a couple of years. The theory is that there will come a time that you will not be able to buy silver at any price. It will not be because there is not any silver around to be purchased or that silver will not have any value. I think that we won't be able to buy silver at any price because there will be a very sudden and a very dramatic shift in the perception of silver's value. A time will come when the value of silver is so strong and the value of the dollar so weak, that only a fool would ever trade silver for the dollar.

This Is For Everyone Who Thinks Japan Is Now Going To Have A Debt Crisis Read more

A lot of people still think the earthquake is about to induce Japan's long-awaited fiscal crisis.
Here's a look at 2-year JGB yields. They collapsed today. The bond market speaks.

Sunday, March 13, 2011

Should We Be Alarmed That The Biggest Bond Fund In The World Has Dumped All Of Their U.S. Treasury Bonds?

Bill Gross, the manager of the biggest bond fund in the world, has forgotten more about bonds than most of us will ever learn. That is why the big move that PIMCO has just made is so unsettling. At one time PIMCO held more U.S. government debt than any other bond fund on the globe, but now news has come out that they have gotten rid of all their U.S. government-related securities.

Saturday, March 12, 2011

Hyperinflation Watch

The following are INDISPUTALBLE FACTS:

* The US dollar is down 82% against gold since 1999
* The US dollar is down 49% against the Swiss Franc since 2001
* The Dow Jones is down 81% against gold since 1999
* The Continuous Commodity Index is up 100% since 2009

The above facts are clear evidence of an economy that has been totally mismanaged. But more importantly most of these trends are now starting to accelerate – a clear sign that hyperinflation is just around the corner…

A Video Summary Of America's Own Economic Tsunami

Recap of how we got here.

QE is dead, long live QE

Make sure you listen to the audio interview, really tells us that even if QE ends, it never ends as the debt rolls over and over and- you know.

Here is the interview link

Wednesday, March 9, 2011

The 2008 crash isn’t over, only covered up Commentary: Reaganomics driving us into Phase 2 of meltdown

We have hard evidence Washington and Wall Street knew the 2008 crash was coming years in advance. Yes, they could have prevented it. But didn’t. And, yes, the cover-up cost Americans trillions.

What's Going On In The Silver Market: Audio Interview with Harvey Organ

Here is an interview that may be a little overdone in some parts, and with the opening codenames, but is very interesting, containing an abundance of informative content nonetheless. This is an interview from December of 2010. I thought it would be interesting to reprise it now, because so many of the things which they say are unfolding even three months later. The gold/silver ratio has dropped to 41, and silver has rocketed higher in price. I missed it initially because of an illness in the family.
Dated 3-9-11:

Bernanke Tries To Explain Why A Ponzi Scheme Is A Perfectly Acceptable System For Post Civil-War America, Fails

The following exchange between Ben Bernanke and Senator Kirk is a must watch for everyone who wonders how Ben Bernanke justifies the fact that America is now an open Ponzi scheme.

Catherine Austin Fitts interviewed

When I heard this I couldn't believe it, I'm still not sure, as this former Bush insider tells you things I know I have never heard before. Prepare to be astounded. This coming right after my view of the film " Inside Job"
March 8th interview:

Tuesday, March 8, 2011

The Alternative Market Project Has Been Launched!

Why choose to participate in a system that doesn’t work? A system that is designed to drain the people of wealth instead of enriching them and their lives? A system that is constructed upon irrational principles, faulty laws, and unstable values? A system on the verge of collapse?

This is the question that the Alternative Market Movement (AMM) poses to the American citizen. Why continue living under an economic structure that is poised to erupt, threatening you, your family, and your ability to provide a meaningful future for them? Would anyone voluntarily choose to live under the barrel of a gun their entire lives?
Shortcut to the Alt site: site

Silver investment demand in China soars


Inside Job: It's a Wall street Government!

I just got threw watching "Inside Job" the documentary. I urge everyone to go see this film. The system is more corrupt then you can imagine.
Banks to big to fail
To big to reform
No one goes to jail
Thomas Jefferson said: I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
film site

Friday, March 4, 2011

Why Silver Prices are Heading Higher—The Fundamentals

From FSN.Today, a special roundtable on silver with David Morgan of the Morgan Report, Franklin Sanders, Editor of The Moneychanger, Jeffrey Christian, CEO of CPM Group and Mike Maloney, Founder and CEO at Gold & Silver Inc.


Dollar's Global Fall Will Be 'Disastrous’ for US Living Standard Read more: Zell: Dollar's Global Fall Will Be 'Disastrous’ for US Living Stand

“Frankly, I think we’re at a tipping point. What’s my biggest single financial concern is the loss of the dollar as the reserve currency,” he told CNBC in an interview. “I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.”

Thursday, March 3, 2011

Precious Metals are true currencies: Marc Faber

When asked to sum up his thoughts, Faber stated, “We are in the end game. But we are currently in a ‘crack-up boom’,” a term coined by the Austrian economist Ludwig Von Mises (1881-1973) to describe a period just prior to a total collapse of a currency’s usefulness as money.


Wednesday, March 2, 2011

As Silver Touches $34.90, US Mint Runs Out Of Bullion Blanks, Halts American Eagle Silver Coin Production

The scramble for non-dilutable currencies hits a frenzy as silver just touches on a fresh 31 year high of $34.90. To commemorate this historic event, the US Mint has halted American Eagle silver coin production, in addition to its ongoing halt of American Buffalo coins: "because of the continued demand for American Eagle Silver Bullion Coins, 2010-dated American Eagle Silver Uncirculated Coins will not be produced. The United States Mint will resume production of American Eagle Silver Uncirculated Coins once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products."

Marc Faber’s March Outlook: Falling Stocks, Wicked Inflation, and Middle East Turmoil

The man everyone listens to:

Who Will Buy Treasuries When The Fed Stops?

I decided to update the link to a much more in-depth article on this subject. It has the bond king Bill Gross being asked this question.

FATCA. One big fat mess - Erosion of financial privacy worldwide - The importance of fraternity to liberty

New rules and regulations from the US that will kill foreign investment. Not to mention watch it's own citizens like never before.

Tuesday, March 1, 2011

Silver is the new gold: Prices double in a year


Richard Russell - Dead Nation Walking

The cover of the magazine reads, "Would You Invest In a Company that lost $2 trillion last year, and has a net worth of a negative $44 trillion?"

And what is this company? Why, it's USA Inc. The article is written by the well-known stock analyst, Mary Meeker. She writes about the US's finances as though the US was a corporation.

Mary writes, "Imagine no Army, Navy, Air Force, Marine Corp or Coast Guard, no federal courts or prisons, no national park service, no food and drug administration, no embassies, no salaries for Congress. That's what it would take to finance the budget by 2025 and still pay interest on America's debts, without either raising revenues or reducing entitlement growth. That's certainly not a recognizable America."

QE3? Several Top Federal Reserve Officials Seem To Think That More Quantitative Easing Is Necessary

Whether they call it "QE3" or something else entirely, the reality of the matter is that we have now come to a time when the Federal Reserve is going to be continually purchasing a significant percentage of all new U.S. government debt. This is essentially a gigantic Ponzi scheme, but sadly there is just not enough money in the rest of the world to be able to continue to feed the U.S. government's voracious appetite for debt. Right now Ben Bernanke and his cohorts are trying to break the news to us gently, but anyone with half a brain can see what is happening. The only way for the game to keep going is for the Federal Reserve to print lots more money, and that is going to be incredibly bad for the U.S. economy in the long run.