Saturday, 31 August 2013

Richard Russel - Gold to Rocket, But Buy Silver!

I suspect that silver has bottomed. Silver is dirt cheap compared with gold. One ounce of gold now buys around 60 ounces of silver! When you buy gold, you're aligned with JP Morgan. This bank has assumed a massive long position in gold.

- Source, Richard Russell via King World News:

Thursday, 29 August 2013

Cartel Attacks Mining Shares

Memo to Goldman Sachs, Blackrock, JP Morgan, Barclays and all the other monkeys that will remain nameless: Nice job showing how your backs are against the wall. Dolts.

As I warned yesterday, precious metals came under attack early in the New York session – especially silver. But all things considered, the cartel wasn’t able to do much damage. There’s a war brewing in the Middle East and buying of physical gold and silver has been so strong this week that the cartel is having a hard time making the paper market tail wag the physical market dog.

So, what to do? Well, there’s always the option of urinating all over the precious metals equities market for a second day in a row...

- Source, The News Doctors, read the full story here:

Wednesday, 21 August 2013

Robert Kiyosaki - In Gold I Trust


Financial expert Robert Kiyosaki points out, "The rich are getting richer than ever before, but the middle class is shrinking . . . . Both Obama and Romney promised to save them, and when politicians promise to save your butt, you know your butt is gone." Kiyosaki, author of the mega best seller, "Rich Dad/Poor Dad," goes on to say, "If you trust Obama or the Republicans or the Democrats, then you don't need to buy gold. But I don't trust them. I don't trust Bernanke. I don't trust the financial system, but I do trust gold. So, it's not in God I trust, it's in gold I trust."

- Source, USA Watchdog:

Tuesday, 13 August 2013

A Huge Run on Physical Gold



Bloomberg News television today lets Mihir Dange, co-founder of commodity trading firm Grafite Capital, remark that his company bought physical gold eight weeks ago but still hasn't gotten delivery yet. Dange says "there's a huge run on physical now."

- Source, Bloomberg TV:

Friday, 9 August 2013

Bix Weir - Complete Wipeout of all Debt Coming


Bix Weir is a tireless advocate for manipulation-free gold and silver markets. Weir says, “They are printing money, and the reason to control the price of gold is to control the perception the U.S. dollar is a sound currency.” The manipulation game is not going to go on much longer. Weir proclaims, “We’re at a point in our system and in the manipulation where people within the Fed and within our government are ready to pull the plug on the game and basically crash the system.” Weir goes on to say, “You’re looking at a complete wipeout of all debt in all banks, all virtual assets, virtual assets meaning electronic blips on a 401k statement and checking and savings accounts.” The reason, according to Weir, is simple. He says, “We are the biggest debtor nation in the world. If we collapse the debt now and erase all debt, we win.” When could it all start to fall apart? Weir predicts “the August-September time frame.”

- Source, USA Watchdog:

Tuesday, 6 August 2013

COMEX Has Lost 40% of It's Gold



SRS Rocco (Steve St. Angelo) from SRSroccoreport joins me to discuss precious metals and the falling EROI (Energy Returned On Invested) which Steve says will ultimately destroy the U.S. empire, just as it led to the collapse of the Roman empire. We also discuss the falling physical silver inventories at the Shanghai Exchange which are down more than 50% in recent months, and the raid of the Comex Gold inventories, which are down nearly 40% in half a year.

- Source, SGT Report:

Sunday, 4 August 2013

Michael Snyder - The Murder of the Middle Class


The death of the middle class and the destruction of the social fabric. That's the Bankster promise as they wage war on humanity. And Detroit is the model for what's to come. Michael Snyder from the Economic Collapse Blog joins me to discuss.

- Source, SGT Report: