During Indonesia’s Financial Crisis in the late ’90’s, the local currency, the rupiah, plunged 83% from its pre-crisis levels.
Dozens of banks went under, credit dried up, and many depositors got wiped out.
Then something interesting happened: the Indonesian economy simultaneously experienced BOTH inflation AND deflation.
Keith Neumeyer, the outspoken and courageous CEO of First Majestic Silver joins the SGTReport to dissect the obscene levels of precious metals manipulation by the international banking cabal. Neumeyer has led the charge to expose the manipulation of silver via the paper markets and in 2014 suggested that silver mining companies ban together to form their own OPEC style “cartel” and withhold PHYSICAL silver production from the market.
However, to date NOT ONE other mining CEO has had the will, tenacity or courage to join Neumeyer or even respond to him in any way. Mr. Neumeyer has since joined Ted Butler and GATA’s efforts to get the CFTC to take action to put an end to the criminality on the Comex as it relates to the manipulation of silver’s price.
- Greek problem is not $3 billion, its $3 TRILLION IN DERIVATIVES– Will ISDA Allow Default?
- Greek default WAS NOT PRICED IN- Why a MASSIVE LIQUIDITY EVENT has been triggered!
- End Game for Greek Depositors- Are the Depositor Haircuts and Bail-ins Imminent?
- Bill Warns: Greece Is Going to Happen Here- The Credit System is Going to Collapse!
- Gold Will Get Your Wealth into the Next System After a Reset Occurs
- JPM Corners the Commodities Derivatives Market Adding $3 TRILLION
- COMEX Will Go Force Majeure Allowing JPM to Unwind Massive Short Position
Bill Holter’s Full MUST LISTEN Greek Alert is Below:
A deadly accident at a Volkswagen plant in Germany led to an assembly line robot grabbing the contractor installing the robot and crushing him against a metal plate.
If the COMEX reports are in fact accurate and bona fide, it would be the ONLY business segment of any of these banks that is reported without any misrepresentation or outright fraud. The probability of that being the case is 0% using a 100% confidence interval. Sorry Ted.
After years of speculation, is the End-Game in sight?
Russia, China and the U.S. are in a battle for currency dominance and natural resource stocks have been buffeted as a result. When the dust settles, smart natural resource investors could be the big winners as long as they have taken the right protective measures. In this interview with The Gold Report, Sprott USA Holdings CEO Rick Rule and Stansberry & Associates Investment Research founder Porter Stansberry—the men behind the upcoming Sprott-Stansberry Vancouver Natural Resource Symposium—share their strategies for picking good companies no matter what happens on the political front.
Actor and comedian Jim Carrey is on two “A lists” now, one as an actor and an “A list” for integrity. Following Governor Brown’s signing into law an aggressive forced vaccination law, Carrey took to Twitter calling Brown a “Corporate Fascist.”
Full coverage of Carrey’s fiery Tweets about mercury, mandatory vaccines, and the corrupt CDC and medical establishment at TND:
My fear is we are not in 2008 anymore, the coming collapse will change the world order to one unrecognizable to today.
The U.S. is in fact “broke” as we spoke of at the beginning. The “realization” of this not only can happen but WILL happen. Sadly, because of how badly the U.S. has treated the world over these last years, we will be given no mercy when negotiating our bankruptcy.
It will be a real live wolf at our door!
According to the Bank of International Settlements, the world cannot handle another global crash – a crash that there is every reason to think is coming.
The silver paper futures open interest is now officially over a 1 billion ozs., most of which represents a naked short position in silver. Never in the history of the markets has any futures market been this extraordinarily disconnected from the amount of underlying physical commodity that is available to deliver against those contract open interest.
The only conclusion that can be drawn is that the Fed, Treasury and big banks are implementing the most extreme market manipulation exercise ever witnessed.
I shudder to think about what catastrophe is coming at us that they know about but we don’t – yet.
The reality of the situation is that not only is this contagion soon to reach America, there will be no stopping it when it does…
If the United States and China are supposed to be such “great friends”, why are both sides acting as if war is in our future?
Once our debt-fueled economy collapses, the Chinese won’t have too much use for us anymore. Instead, we will just be a barrier in the way of their goal of total global domination.
If you don’t think that the Chinese view us in this manner, just read some of the white papers produced by the Chinese government and the Chinese military. They do not consider us to be a “friend” at all. Rather, they consider us to be an enemy that must ultimately be vanquished.
I assume JP Morgan and the Fed are one and the same. There have been stories JPM has amassed 350 or more ounces of silver. We also know China/Russia/India have been huge buyers of gold. We now know JPM has increased their derivatives by over $3 trillion in just one quarter. It is obvious to me, they are the ones sitting on the paper prices of gold and silver. This would make sense for the Fed to attack the metals and thus support the dollar.
In fact, standard procedure in any war is to strengthen your currency while weakening your opponents. I believe the neocons know the bottom of our “gold barrel” is close at hand, they have decided to go ALL IN on price suppression.