- Source, USA Watchdog:
Wednesday, 21 August 2013
Robert Kiyosaki - In Gold I Trust
Thursday, 15 August 2013
Chris Duane - Silver to Double by Spring 2014
- Source, Chris Duane:
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:
Wednesday, 31 July 2013
The Smoking COMEX Gun
- Source, Gold Silver.com
Sunday, 28 July 2013
Gold and Silver to Surge in September?
"Governments and central banks have, for decades, leased or sold their gold to the bullion banks. So they are very likely to own very little of the 23,000 tons that Western central banks are said to hold.
But now bullion banks also have a problem: They tried to replenish their (physical gold) coffers during the massive manipulative selling that we’ve seen over the last few months in the paper market. Although they took the price down, most of the physical (gold) that was released by selling from ETFs and hedge funds was absorbed by Asia.
So the bullion banks are still massively short of physical gold. Eric, all of these physical shortage problems are likely to put enormous upward pressure on gold in coming months. And remember that this factor is in addition to the destruction of paper money we will see which will also put upward pressure on gold.
It’s important for investors to understand, and especially holders of gold and silver, that there are now several different factors which will propel gold and silver to much higher levels. As you know, Eric, I’ve said that within the next year we will see levels that will be a lot higher than the $1,900 mark we saw in 2011.
But now bullion banks also have a problem: They tried to replenish their (physical gold) coffers during the massive manipulative selling that we’ve seen over the last few months in the paper market. Although they took the price down, most of the physical (gold) that was released by selling from ETFs and hedge funds was absorbed by Asia.
So the bullion banks are still massively short of physical gold. Eric, all of these physical shortage problems are likely to put enormous upward pressure on gold in coming months. And remember that this factor is in addition to the destruction of paper money we will see which will also put upward pressure on gold.
It’s important for investors to understand, and especially holders of gold and silver, that there are now several different factors which will propel gold and silver to much higher levels. As you know, Eric, I’ve said that within the next year we will see levels that will be a lot higher than the $1,900 mark we saw in 2011.
I see shortages everywhere, and I see real problems in the market with the bullion banks still under pressure. I am hearing that they (bullion banks) are under real pressure, and this is why we will see incredible upward moves (for gold and silver) starting in September."
- Egon Von Greyerz via a recent King World News interview:
Friday, 26 July 2013
Tom Cloud - Gold and Silver Supplies are Tight
- Source, USA Watchdog:
Wednesday, 24 July 2013
Destabilization, Algobots and Counterfeiting
- Source, Max Keiser:
Tuesday, 16 July 2013
The Crash of 1929 Documentary
Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions. A "new era" when everyone could be rich.
- Source, PBS:
Sunday, 14 July 2013
Rick Rule - Gold and Silver Outlook
Q: What's your outlook on gold and silver if the Federal Reserve succeeds in putting an end to QE without triggering runaway inflation?
A: I don’t know, but lower. I have substantial suspicions about the ability of the Federal Reserve to exit QE, however. What they are doing is liquefying the banks and issuing more debt than they can sell. Right now, new aggregate on-balance liabilities on the Federal level is $1.5 trillion per year. They finance that by selling $750 billion of debt, and by printing up $750 billion of debt which they use to buy existing bonds. The off-balance-sheet liabilities of the Treasury exceed $60 trillion and grow by about $4 trillion a year.
The idea that we are going to get through this without either defaulting on our obligations or inflating them away defies any rational analysis of the problem.
From my point of view you’re safer with gold in your portfolio. Experts who follow the market closely, including Eric Sprott, but also Morgan Stanley and the big bullion banks, say that the ‘anti-gold’ – what you consider in place of gold – is the U.S. 10-year Treasury. Mainstream institutional investors say that gold is ‘risk-on’ and the 10-year Treasury is ‘risk-off,’ but I think that the world has it exactly confused. The U.S. Treasury -- the ‘anti-gold’ -- pays a 1.75% interest rate, which is well below the rate of inflation and assumes that there is no credit risk with regards to U.S. obligations. If nothing else, the lower interest rate lowers the cost – in terms of avoided cost – of owning gold
A: I don’t know, but lower. I have substantial suspicions about the ability of the Federal Reserve to exit QE, however. What they are doing is liquefying the banks and issuing more debt than they can sell. Right now, new aggregate on-balance liabilities on the Federal level is $1.5 trillion per year. They finance that by selling $750 billion of debt, and by printing up $750 billion of debt which they use to buy existing bonds. The off-balance-sheet liabilities of the Treasury exceed $60 trillion and grow by about $4 trillion a year.
The idea that we are going to get through this without either defaulting on our obligations or inflating them away defies any rational analysis of the problem.
From my point of view you’re safer with gold in your portfolio. Experts who follow the market closely, including Eric Sprott, but also Morgan Stanley and the big bullion banks, say that the ‘anti-gold’ – what you consider in place of gold – is the U.S. 10-year Treasury. Mainstream institutional investors say that gold is ‘risk-on’ and the 10-year Treasury is ‘risk-off,’ but I think that the world has it exactly confused. The U.S. Treasury -- the ‘anti-gold’ -- pays a 1.75% interest rate, which is well below the rate of inflation and assumes that there is no credit risk with regards to U.S. obligations. If nothing else, the lower interest rate lowers the cost – in terms of avoided cost – of owning gold
- Source, Rick Rule via Sprott's Thoughts:
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