communist

Within his 1848 Communist Manifesto, Marx outlined a list of ten short-term demands. These, he thought, would be the precursor to the ideal stateless, classless communist society.
Ironically in today’s world, Marx’s demands look pretty much mainstream.
That is because nearly every single item on the list has been implemented to varying degrees in the United States.
Think that couldn’t be possible in the Land of the Free?
Just take a look…

silver

As the manipulated paper price of silver heads lower, so are the silver inventories as the Shanghai Futures Exchange.  The silver stocks hit an all-time low today as the price of silver trades in the $17 range.  At the peak, the Shanghai Futures Exchange held 1,143 metric tons of silver.  However, today only 7% of that record amount remains.
As we can see from the chart below, silver inventories declined from a high of 575 mt (metric tons) in February, to a low of 81 mt today.

silver rush
Play

Gold & silver expert Harvey Organ joins us this week for an explosive and power packed show discussing:

  •  Criminal collusion by the CFTC officials- how CFTC knew what was going on with gold & silver manipulation, and wanted to keep the price suppression game alive while China corners the market
  • More pain ahead for gold & silver?  Why Harvey believes the whacking will continue until the last ounce of gold and silver are gone
  • Shanghai silver drain accelerating- with stocks down 93% since 2013, Shanghai vaults will be BONE DRY by December!
  • Harvey predicts the bullion banks are about to ATTACK THE COMEX- does the long awaited PM default loom in 2015?

The SD Weekly Metals & Markets With special guest Harvey Organ is below: 

silver mine

“The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”

economic dollar collapse

Putin kicked out the Rothschild bankers from his country.  Putin interrupted the USGovt heroin trade supply routes out of Afghanistan. Like Abraham Lincoln 150 years ago, the elite banker chambers wish to remove Putin and to suppress Russia, but the sprawling nation has joined at the hip with China.  Thus Russia cannot be isolated any more than a bear can be bear hugged.  The nation spans 12 time zones and is a top supplier of numerous important commodities. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard.
The King Dollar is being displaced, kicked off its throne.  Its squire the Petro-Dollar is undergoing demise.  The Ukraine War is the USDollar Waterloo event.
The Saudi rejection of the USD in exclusive oil payments will be the crash heard around the world.
The marriage between the Saudis and Chinese is a process well along, with each month featuring yet another high level conference. The Saudis will make the announcement in the coming weeks or months, as a genuflection before the Chinese, with a hat tip to the Russians. Soon the crude oil price will be set by the Russia-China tag team, priced in YuanWhen the Gold Trade Standard is entrenched, the diversification away from USTreasurys in the global banking system will become a torrent. Bank system practices will follow trade payment practices. When installed, it will cause prosperity in the East and havoc in the West.
The Crash Heard Round the World is coming.  The USDollar will be rejected, and replaced by the Gold Trade Standard. 

fed goldman

For years, many people have suspected that the New York Fed is more or less controlled by the “too big to fail” banks.  Well, we now have smoking gun evidence that this is indeed the case…

gold

We already have monetary hyperinflation, defined as an accelerating debasement of the dollar.   And so for that matter all other currencies that are referenced to it are on a similar course, a condition which is unlikely to be halted except by a final systemic and currency crisis.
Attempts to stabilize the purchasing power of currencies by raising interest rates will very quickly develop into financial and economic chaos.
The insurance cost of owning gold is anomalously low, being considerably less than at the time of the Lehman crisis, which was the first inkling of systemic risk for many people.
We are being regularly advised by analysts working at investment banks to sell gold.   But bear in mind that the investment industry is driven by trend-chasing recommendations, because that is what investors demand.
Expecting analysts to value gold properly is as unlikely as farmers telling turkeys the truth about Thanksgiving.

images

We are currently in the midst of the largest ever Ebola outbreak in Western Africa, and this could just be the beginning. The number of cases and deaths has risen steadily, from a handful of people in Guinea at the end of March 2014 to several thousand now, not only in Guinea, but in Liberia, Sierra Leone, recently extending to Nigeria and the Democratic Republic of Congo.
On August 16th, residents of the West Point slum in Liberia went on a “looting spree” at an Ebola clinic, taking with them mattresses, sheets and equipment that had been soiled with bodily fluids that are known to spread the disease.  Approximately 30 Ebola patients at the health center fled during the raid.  Just a few days later, authorities in Monrovia established a quarantine on all of West Point.  This area of 50,000 inhabitants has now become an incubation hub for the disease.
It appears the Ebola disaster may be nearing a tipping point, and turn into a full-blown contagion. 

gold manipulation

Last week we published a note from our good friend Ned Naylor-Leyland regarding a “bombshell development” in the PM manipulation story, calling for renowned financial journalist William Cohan to publish his in-depth expose of gold and silver manipulation by the Western banking cabal.  
Bombarded by emails from precious metals investors, Mr. Cohan has responded.
It appears the ball is not in his court…

storm

Since early 2013 the US stock markets have done nothing but rally, levitating thanks to the Fed’s oft-implied backstop.  This incredibly unnatural behavior has left sentiment dangerously unbalanced, with hyper-complacency and euphoria running rampant.  Only a major selloff can restore normal psychology.
And with the Fed’s third quantitative-easing campaign ending, odds are high such a big downside event looms.

Caption Contest 1

Last week saw gold rally $15 to $1233 on Tuesday before sliding to $1207 yesterday morning, then rallying in the afternoon. Silver’s moves tracked gold’s, bottoming out at $17.30 Thursday at the London opening.
Friday morning precious metals were firmer in pre-LBMA trade, reflecting some short-covering ahead of the weekend.
The action, as has often been the case recently, is in paper markets with hedge funds shorting gold and silver against a strong dollar.   This can be readily seen in the following chart of Managed Money shorts on Comex, which is back in record oversold territory.  The chart of silver is similar:

tea party

Civil disobedience is as American as apple pie. In fact, one of the most memorable moments in the formation of the republic was the Boston Tea Party, a much celebrated and historic act of civil disobedience.
From colonists dressed as Native Americans dumping East India Company tea into the Boston Harbor, to Henry David Thoreau’s Civil Disobedience. From Rosa Parks, to Martin Luther King Jr., civil disobedience has been a significant part of what has made these United States free, and is a tactic that should be elevated and encouraged, rather than censored and demonized.
Fortunately, the burning desire for truth and resistance is alive and well in Jefferson Country, Colorado, where students and teachers joined together in protest against an outlandish proposal to censor “civil disobedience topics” from the AP history curriculum, in order to focus on: “patriotic material, respect for authority, and the free-market system.”

swan end

Precious metal investors have long been second-guessing themselves, due to false alarms. Many, many false alarms.  They are, quite honestly, shell-shocked.  Even the mention of the next “event”, now simply makes them angry, both at those telling them about the importance of the events, and at themselves for “believing this stuff in the first place”.
They feel jaded.  They feel foolish.  They feel betrayed.
While I totally understand and empathize with those feelings, they’re forgetting to set that anger in the rightful place: right at the feet of the board of directors of the Federal Reserve.  They are failing to channel and harness that anger and outrage, and use it for something positive, like stacking.
The thought never occurs to many of them, that if they simply put even a little bit more into gold or silver at 30% and 65% discounts, respectively (from their highs 3 years ago), that their investment cost in those metals would take a dramatic plunge.  They fail to see that they could become much stronger hands than they are now.  None of that matters to them anymore, they’re tired of “being played”, by their emotions, and by “shysters”.
In fact, for many of them, stacking is now the last thing on their minds.  Many are now simply waiting for the next miraculous rally, so that they can mercifully dump those positions at the prices they bought them at.  Many will sadly do this too, just as the Bird lands, and the Great Flood washes everything else away.
The Black Swan is real, and it is coming, just don’t bother looking for it.