launch rocket verticalYou are literally going to see gold and silver skyrocket well past the Moon and other planets and could go as high as some nearby galaxies next year in 2015 as the “crash of biblical proportions” comes to pass.  
All the trillions of dollars in fake fiat paper money around the world will rush to buy the physical metal and ALL of it will be GONE in gone single hour, all around the world.
The worldwide physical silver and gold market is very very VERY TINY.   Once the signs of worldwide economic collapse become apparent, just hours before the crash that devastates ALL the economies of the world IN ONE SINGLE HOUR as the derivatives domino game comes crashing to a halt and massive fear instantly spreads around the world, all the fiat paper money will seek hard assets as a safe haven for maintaining their value.
The precious metals dealers will literally shut down their phone lines, and trillions of dollars in paper fiat capital is going to roar into the precious metals paper fiat fiasco better known as the New York Commodities Exchange and other fiat futures casinos around the world.
It will be an explosion or SHOT heard round the world as everybody throws whatever cash they have into this completely imagined safe haven, which is not a safe haven at all but a casino of order of magnitude in the hundreds of paper futures above a tiny amount of real metal in COMEX warehouses.
What levels could gold & silver achieve in a derivatives contagion?  Valuations so shocking Jim Sinclair’s price forecasts are bearish!

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Submitted by Marshall Swing:

Greetings from the wilderness of Southern Illinois!

Now that I am back home, I have access to my mountain bike and me and my buddies took advantage yesterday and went on our first group mountain biking event yesterday, Sunday and here is a picture of us after the ride, 4 sweaty old guys who can STILL KEEP UP with the young turks who are 20, 30, and 40 years junior to us in age!!

DSC_0537

It is so good to be back home where I have access to all the things of which I am so familiar, like high speed internet where I can get done in 1 hour what it took 1-2 days to get done in the Philippines with very slow access.

Imagine being in a hotel with 32 rooms, all the guests competing for bandwidth on one very low speed access wifi?

That is EXACTLY what is going to happen in the physical silver and gold world next year in 2015 as the “crash of biblical proportions” comes to pass and all the trillions of dollars in fake fiat paper money around the world rush to wherever they can to buy the physical metal and all of it will be gone in gone single hour, all around the world.

The worldwide physical silver and gold market is very very VERY TINY, as we here at the Doc’s metal haven know well the truth of these metals God created in the earth.

Once the signs of worldwide economic collapse become apparent, just hours before the crash that devastates ALL the economies of the world in one single hour as the derivatives domino game comes crashing to a halt and massive fear spreads around the world as fast as radio waves travel, all the fiat paper money will seek hard assets as a safe haven for maintaining their value, or at least what they assume is the value of paper fiat, spoken into existence by the commands of men in power who should not have that power and do not answer to a higher authority (they think).

The quickest place to find safe haven is in the precious metals because a deal can literally be made in minutes with wire transfers of cash and then delivery is the only other issue…

After the point the precious metal’s dealers literally shut down their phone lines, trillions of dollars in paper fiat capital is going to roar into the precious metals paper fiat fiasco better known as the New York Commodities Exchange and other fiat futures casinos around the world.

You are literally going to see, gold and silver skyrocket well past the Moon and other planets and could go as high as some nearby galaxies.

It will be an explosion or SHOT heard round the world as everybody throws whatever cash they have into this completely imagined safe haven, which is not a safe haven at all but a casino of order of magnitude in the hundreds of paper futures above a tiny amount of real metal in COMEX warehouses.

Could I imagine gold $250,000 for a brief time? EASILY.
Could I imagine silver $5,000 for a brief time? EASILY.

Will it last any length of time for anyone to get their money out and be obscenely rich?
NO.

It will not last because the governments of the world will not let it be so BUT what happens next will make the holders of physical of physical silver and gold very, very rich and for a specific purpose but that purpose is not the subject of my revelation, to you, here.

It is VERY much just like the children of Israel coming out of Egypt who Moses told them to secure/borrow items of gold, silver, gems, (all hard assets of value), and whatever else tangibles they could carry with them on the arduous journey.

Sort of the same thing will happen again.

Have you ever heard the phrase “history repeats itself”?

It does.

So, the governments of the world get together and decide to back the new one world currency with hard assets, primarily gold, and perhaps some silver.

BUT, silver is still and always has been, always will be (for the near future) an industrial product with primarily industrial applications that are necessary to the technology of mankind, for the moment.

Nothing has ever been found that can replace it the way God created it in the earth and the properties it has which are numerous that you cannot find in other elements.

So, the “herd” as James Dines calls them so affectionately, rushes in, NAY, stampedes in and the price of metals in U.S. dollars goes through the roof on the way to the North Star!!

What a bright future for the holders of physical metal…

But before they reap that reward of major cash in the new one world currency, they must first survive the breakdown of civilization that occurs once all the grocery store shelves are cleared in a few hours following the collapse.

The breakdown occurs as man is hungry and when man gets hungry and does not live by God’s commandments, man sets about to take from whomever they encounter in order to provide for their stomachs and the stomachs of their spouses and young offspring.

That is going to get bloody in places, particularly in the large cities, many will be killed, shot on sight if they are caught looting and breaking into homes. Many homeowners own guns and things are going to get downright ugly.

But, one leader of the “FREE” world rushes in to save the day with an economic plan up his sleeve and order is finally restored after the one world currency is agreed to by ALL the nations and trade can resume once again but this time backed by hard assets as will be necessary for trust to be spread to all the countries.

So, what does this have to do with the last COT numbers reported on Friday afternoon by the CFTC?

NOTHING.

 

Silver Shield 1/10th oz Silver Argyraspides
Would You Fight All Day For This? 

A Day’s Wage For the Roman Legion…

Less Than a Modern Coffee at SDBullion!

 

But, as my readers have known here for years now if you want to see into the future clearly you must read my reports every week to know for sure what is going to happen in the near future and a look at the not so near future is beginning to emerge here as well.

In the aggregated COT, we see exactly what I said was going on last week, the commercials sold a bunch of longs reaping great profit while the speculators are still covering major losses on shorts.

The commercials sold 6,233 longs while the large speculators bought 6,232 longs and those large specs covered 4,737 shorts. The smart small speculators sold 1,971 longs for great profit.

I love those little guys who read my reports and have learned EXACTLY what to do and when!

The disaggregated COT reveals just over 1,000 longs sold by the producer merchant and the swap dealers selling 1,158 longs. Other than that you see a huge reduction in spreading. However, the swap dealers pick up 7,773 short positions at high prices and they are very intent on making big paper fiat bucks on those shorts in the near future.

Managed money is once again played for the suckers they are because they are wise in their own eyes and scoff at my reports even though they know I have been right for 3 years and they cannot explain it but they are the learned and they will have none of someone

with simple truth in their hands coming on the scene and telling them what to do and how to do it.

In gold, we see the exact same scenarios so this is what I call the State of Congruency and it is all out war by commercials on speculators.

Speculators cannot survive wars of these types because of the overwhelming, completely corrdinated massive short position of the bullion banks.

The gold large specs bought 17,854 longs at high prices and are about to get their heads handed to them on a plate.

This is different than John the Baptist because his head was handed to a man’s wife as a gift as she demanded of him.

Political leaders are funny or weird in that sort of way, having no problem at all sacrificing the little people to please those with positions of wealth, power, and influence.

His wife had influence over his bed, so to speak…

Those same large specs also covered 7,312 gold shorts in a massive loss.

The commercial bullion banks sold off 7,420 longs raking in massive profit while taking an astounding 21,428 fresh new short positions at high prices. They are amazing.

Who is amazing?

Not the bullion banks but it is the speculators I am saying are amazing… In their sheer stupidity.

They are just like certain people who hold to their ways and belief systems in spite of overwhelming evidence to the contrary that something is bad wrong with the values with which they maintain their goings and comings, all based on faulty assumptions. They lack the ability to simply stand apart from those values and “think out of the box” so to speak to reexamine their methods and see if there are not more concrete ways that are far more profitable in doing their business.

When will they learn?

Maybe never, at least not until after it is too late for them in the crash of 2015. And maybe they will not even learn their lessons then?

And, as in the silver COT numbers, the small speculators sold longs.

They really should send me some gifts, shouldn’t they? They are in fact getting rich off this free advice!!

Until next week, my physical friends, stay thirsty for the precious metals you can hold in your hand and not in your paper fiat account… Get your physical from the Doc whose foresight provides you with these instructions for your great benefits.

Reporting from the wilderness of Southern Illinois,

Marshall Swing

https://www.facebook.com/marshall.swing.9

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  1. Those nations that are setting up bi lateral trade agreements now and moving away from the dollar are setting up a firewall against a collapse of said currency.  When the dollar crashes yeah you could see six figure gold.  That’s what a nice suit might cost in dollars as well.  Uh…more Silver please. 

    • Yeah Marshall, it’s always great to be back at home.
      Congratulations on your recent marriage; Enjoyed hearing a couple interviews with you!
       
      The things you have expressed make me pleased to be a stacker—especially having some time ago embraced the concept that an oz of Silver historically is equal to 10 days of hard work…..can makes each new 4 oz buy look like 40 days of leisure, lol…
       
      Have been aware for some time now that it already really comes down to availability…
      People scoff at that when I post it…but it changes nothing.
      Where the rubber (already) meets the road is—”If I want it, can I get Phyzz Silver today?” 
      Can and will add today….
      The day will get here soon enough when that’s not so…

    • Great hopium.
      But how many hours of labor does it cost to get an ounce of silver? Welcome to reality, in which we have technology lend us a hand. The primary silver miners, the ones having the hardest time, spend about $23-24 to get an ounce of silver. How many people do you know personally who’ll work for more than 3 hours for that? Or anyone who’ll work 4 hours that is legally allowed to have a job? 10 days equals 100 hours of labor in a reality based society.
      Are we overpaid or is silver mined too cheaply? When the silver price goes to 100 hours of labor, don’t expect many people to be interested in doing any other work than mining it themselves.
      In South Africa the cost of silver actually IS about that 10 days of labor. For a mine worker even. But look as the lives the mine workers there are supposed to make do with? Hint : there are no cars or packaged foods involved in their discretionary spending. 

    • This writer has no more information or insight, -only more bombast- than anyone who has been reading this site since its inception. Anyone here can concoct the same hyperbolic conjecture, derived form this same info we all have, but why bother? Unfortunately, it is information and insight, not personal travelogues, that I come here for.

  2. How much Silver is enough?   Because Silver and Gold are money, we may as well ask, “How much money is enough?”    I have never met anyone who said they have too much money.

    • “I have never met anyone who said they have too much money.”
       
      Perhaps not but it is entirely possible to meet people who DO have too much money in that all they do is worry about it rather than living a worthwhile life.  They rarely recognize this simple fact.  I have something that very few billionaires have.  I have enough.  ;-)
       

  3. “It is VERY much just like the children of Israel coming out of Egypt who Moses told them to secure/borrow items of gold, silver, gems, (all hard assets of value), and whatever else tangibles they could carry with them on the arduous journey.”
     
    Either Moses wasn’t much of a prepper OR he had inside information on what was to come.  I strongly suspect the latter.  Most folks would have recognized that a long, arduous, and dangerous journey was before them and stacked all kinds of food, water, and weapons for protection from bandits and wild animals… and definitely not something as heavy as gold or even silver.
     
    “So, the governments of the world get together and decide to back the new one world currency with hard assets, primarily gold, and perhaps some silver.”
     
    Seeing as to how this will only come about through mutual agreement and not every nation has silver and / or gold, they will have to include commodities of various kinds.  Anyone who has flown over the American Great Plains in August is well aware of the HUGE tonnage of wheat that is grown in this area.  Grains could easily become part of a commodity basket that backs any new currency that will arise from the ashes of the old currencies… and the US is literally the bread basket of the world.
     
    It is sometimes tempting to look at the US$ very critically but not so much at the other fiat currencies.  Truth to tell, they are ALL in some serious difficulty, particularly as regards the amount of sovereign debt out there.  Yes, the US has slightly more debt than GDP but for some nations, this is double or more than what we have.  While the Chinese and Russians will have an edge, thanks to their gold hoards and all the nat gas and oil in Russia, the US has no shortage of natural resources or arable land for food production.  In a world of swelling population and diminishing resources, the ability to grow and export a lot of food will be a tremendous advantage for the US.  Yes, it takes oil to provide the diesel fuel to farm and move the crops to market but with food, oil can be purchased.
     
    “But, as my readers have known here for years now if you want to see into the future clearly you must read my reports every week to know for sure what is going to happen in the near future and a look at the not so near future is beginning to emerge here as well.”
     
    Herein lies the rub, as they say, for the future cannot be seen clearly.  As Yoda said, “Difficult to see.  Always in motion the future is”.  The best we can do is ascertain some of the trends that will create the future and then make our best educated guesses about what the future holds.  With hard work and some luck, we just might have a decent idea of what the future will be but it is by no means guaranteed.
     

  4. Many Americans are like Marshall Swing.  Bible moralising, naive, infants who have never been touched by invading armies like Europe in two World wars.   Tough talking but frightened of their own shadow unless they have a big gun.
    Quote from Marshall Swing:-” man sets about to take from whomever they encounter in order to provide for their stomachs and the stomachs of their spouses and young offspring.”
    Everything was destroyed by war but strangely enough it brought out the best in most of the people.   We survived more hardships than just having the local bank close and Walmart being out of stock.
    Stop snivelling to God every five minutes Marshall Swing.

    • @gbs, i thought the same thing as yourself.i see mr.swing lives in southern ill. i would like him to move himself and family here up north in chicago,if he has the cojones.i prep, my lady preps,we grow most of what we put in jars,i have a crab apple tree that provides over 60 pints of sauce that can get 2 people thru almost 2 years and the neighbors can’t believe it’s from the tree in front of the house.here’s a guy,that if chicago got nuked,because he lives way south,thinks he won’t be affected.when the masses come looking for anything,and there here in chicago,if you don’t have an army to come take my shit you’ll get nothing. as i own no firearms,you still won’t get shit.if i needed one, i could get one. and when i’ll need one won’t be the time when i have to seek permission to do so………@mr.swing i’ll repeat what i said on another thread here,and i’ll repeat it for you…….god blessed america,not the fuckwads in it…..@ed._b  thought the same thing when i heard that video on the other thread with the old guy claiming debts here in the u.s are it’s assets.i say hogwash.accounting 101 even knows that debts are liabilities,there’s another guy talking shit because natural resources in this country are second to no other country.and on that video,he kept talking about a “reset” based on debt,for what one con tries’ currency will be based on,that right there is bull crap also,because if we reset our currency based on resources,the dollar would be the strongest currency out there………either way i don’t give a shit, i get my stack from whoever has the fairest prices,and i just got my order from the doc on 10 ounces last week after putting the order just literally a few days prior to delivery,and didn’t need the “commercial” from mr.swing to say so.i would think that an unsolicited testimonial from a nobody like me would be more convincing anyway.

    • “Stop snivelling to God every five minutes Marshall Swing.”
       
      agreed. tell marshall swing to get his ass to church and PRAY HARDER because so far his god has done not a single thing about fukushima and the poisoning of the pacific ocean and america. this guy jumping the bandwagon sensationalizing what we already know that the usd dollar is becoming worthless and the us and world economy is on the brink of collapse. every time try read one this guys articles it is like we have to go to church to learn about the economy. ridiculous.

    • Proverbs 20:7
      Some trust in chariots and some in horses,
      but we trust in the name of the Lord our God.
      Psalm 52:6-8 The righteous also shall see, and fear, and shall laugh at himLo, this is the man that made not God his strength; but trusted in the abundance of his riches, and strengthened himself in his wickedness. But I am like a green olive tree in the house of God: I trust in the mercy of God for ever and ever.
      Psalm 118:8It is better to trust in the Lord than to put confidence in man.
       
      Jeremiah 17:5-7
      Thus saith the Lord; Cursed be the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the Lord.For he shall be like the heath in the desert, and shall not see when good cometh; but shall inhabit the parched places in the wilderness, in a salt land and not inhabited.Blessed is the man that trusteth in the Lord, and whose hope the Lord is.
       
      Psalm 146:3-5Put not your trust in princes, nor in the son of man, in whom there is no help.His breath goeth forth, he returneth to his earth; in that very day his thoughts perish.Happy is he that hath the God of Jacob for his help, whose hope is in the Lord his God:
      Psalm 14:1The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.
       
      @aztecminer @drummerboy @GBS  You men need to repent: BTW, Americans were much more godly in the days where war was on the American continent: War of Independence, War of 1812 (which the British won), Civil War … Americans were more godly then. Maybe America NEEDS war to remember that it is not all-powerful and that it needs God.

  5. Only GOD can define His Word in us, as us, when we by our own divided reasoning try to establish the truth written in  the Bible {which is one cohesive narrative of truth which is ever present}  by a reading of it line upon line it  becomes to us a path of a serpent, as we continue to try and attain to that which we have always been.

    • I have to surmise that Jesus does NOT read this blog after all since my prayer was not answered………“Tired of Sunday school, am I.”
       
      Please answer this question if you would please, my friend in the force. If someone commented here often, and espoused the Qur’an as you do the bible, would you read, how would you feel about and would you reply to same? Could you please answer in regular speak , that is if you decide to reply. Just trying to relate GE.
       
      Thanks in advance.

      No answer yet……? I am interested in this debate on a friendly level GE, I have no intention of being adversarial in this possible discussion, only seeking your views so I can further relate. No unforeseen evil or malice in my intent, simply an educated question to an obviously educated individual.

      OK GE, I had a feeling you might still avoid answering my simple query. It’s OK, I understand you only want to speak ecclesiastic about that which is not debatable in real terms. My question was very simple but nonetheless it must be a challenge to answer truthfully. I will avoid direct debate with you henceforth since you seem unwilling to banter on anything but that which you deem prudent. It’s all good&evil!

    • Is your ultimate goal to get us to set aside gold and silver?  Fall to our knee`s and beg forgivness? Turn in our weapons?
       
      HAVE YOU SEEN WHAT`S GOING ON IN THE WORLD?

    • I have agreed with my enemy/adversary and therefore I am no longer offended by the enemy/adversary of others, understanding the prince of this world is the image/idol of this world, being a perception of Truth/GOD one holds to as  something outside/separate  of self, being it a duality or two fruits of a tree,  this being the order of things

      For me to see anyone being less than one with GOD, is for me to rob GOD  of His glory, understanding I see past the nakedness {duality of heart/mind } of others,  as does GOD, Who  nailed our Brother to a tree as an image of this truth cast down..
       
      I have no goal other than to share the truth of this process we  all now find ourselves in …………….
       
       
       
       
        

  6. Good and Evil. Briefly, What is your spiritual background? Appears to be scriptural mixed with something I’m not totally familiar with. You appear to believe that we have always existed throughout eternity, not having been created?I am drawing that conclusion from this quote of yours, “as we try to attain to that which we have always been”. Might as well talk about something interesting here. Marshall Swings opinion about what’s going to happen to pm’s in 2015 and 99cents will buy you a cheap cup of coffee. BTW Swing is correct about one thing, History does repeat itself.The guys that were predicting a collapse and $10,000 gold etc 3 years ago are starting to crawl out from under their rocks again. Man, Do these guys have balls or what?

    • In the beginning was the Word, and the Word was with God, and the Word was God. John 1:1

      We collectively {bar none} are this Word , GOD having only the one Son, who we are.  We are as timeless as the one we came out of which our soul hinders us from entering into this as a truth that has always been.

      You will find that the language of God in its cast down form, due to our perception given to us by our own reasoning , speaks of something less than self , therefore a duality emerges, as the fruits of one tree which firstly causes a confusion of self in us as we are ensnared by the image outside of us.

      Because of the duality of the perception of our soul, there is a first and a last, or a beginning and an end, or first the natural then the spiritual, which one serves the other and is depicted in the elder that serves the younger.

      God has no measurement, or no beginning and end to measure him by. His language is the same, but he must relate this language to us, who are caught in the mentality of having a beginning and an end, which is self-deceptive, being the very snare our own soul becomes to us by it.

      My spiritual background is the same as yours and  every other son, word, thought of our Father, we are all in a process of coming to the knowledge of truth/self, as I explained in my reply to your other post addressed to me.
       
      Here is an example of how our Father defines His words in its measured form concerning this creation or this realm we are scattered/divided/gendered into
       
      Thy word is true from the beginning: and every one of thy righteous judgments endureth for ever. Psalms 119:160

      We are this Word ~ We are this Truth ~ we are all to be judged in righteousness and therefore we are also  these righteous judgements
       
       
       
       
       
       

  7. A mountain biker … there’s my kind of guy! Nothing like finding lines through a dry stream-bed of baby-heads (except, maybe, running the trails after a downpour and coming home, bike and body, caked in mud).

    Otherwise … I can thoroughly see the ‘last hour’ scenario unfolding. I’m convinced ‘they’ actually do listen. Those folks we ‘preach’ to about PMs. But, as Mr. Swing said, they won’t act until it’s far too late and find the gates shut and bolted.

  8. @MarshallSwing I’m starting to respect you even more Marshall, talking and now showing a picture of yourself. All though by guessing I would say the one sitting in the middle.
    Glad to see you coming out. Lol as for the price does it really matter when the shit hits the fan? Keep Stacking

  9. Here is the only question I have re the price of silver or gold
    1.  Do I call a detailer to get the truck thoroughly washed and polish (I hate that job and my guy takes silver)
    2.  Order a replacement bumper for the truck since some dipwad ran into me.  Burly steel bumper with 8K lb winch
    3.  Call my Aviation broker to preorder the new 2015 Gulfstream G5

    That depends on PM prices
    $10 silver    detail work
    $100 silver  new front and rear bumper  Think ramming speed
    $5000 silver  A new jet
    just kidding—the bumper is more important
    Maybe some uparmor on the RTLV*
    Rural tank-like vehicle
    BTW We’re checking out some remote property bivvies tomorrow.

    • @AGXIIK
       
      “We’re checking out some remote property bivvies tomorrow.”
       
      Sweet!  Let me know what you find.  I’d like to see what your looking for in the way of a good bug-out location.  :-)
       

    • My view is that God is not in the “saving” business.  He seems to prefer giving us the tools and then seeing if we can do the work of saving ourselves.  He’s God, for God’s sake, not the cleaning lady for humanity.  lol
       

  10. SILVER – COMMODITY EXCHANGE INC.                                                                                                                 Code-084691
    Disaggregated Commitments of Traders – Futures Only, July 1, 2014                    
    ————————————————————————————————————————————————————-
         :          :                                              Reportable Positions                                                      :   Nonreportable
         :          :  Producer/Merchant/ :                                :                                :                                :     Positions
         :   Open   :   Processor/User    :          Swap Dealers          :         Managed Money          :       Other Reportables        :
         : Interest :   Long   :  Short   :   Long   :  Short   :Spreading :   Long   :  Short   :Spreading :   Long   :  Short   :Spreading :   Long  :  Short
    ————————————————————————————————————————————————————-
         :          :(CONTRACTS OF 5,000 TROY OUNCES)                                                                                        :
         :          :    Positions                                                                                                           :
    All  :   156,698:    13,669     43,469     32,818     54,973      6,008     49,245     13,043     10,535     11,147      7,050      9,348:   23,928    12,272
    June 24  158,093:    14,676     44,349     33,976     47,200     10,076     42,272     17,765      9,656     11,888      7,065      9,650:   25,899    12,332
     
     
    Marshall says * The commercials sold 6,233 longs while the large speculators bought 6,232 longs and those large specs covered 4,737 shorts. The smart small speculators sold 1,971 longs for great profit. The disaggregated COT reveals just over 1,000 longs sold by the producer merchant and the swap dealers selling 1,158 longs. Other than that you see a huge reduction in spreading. However, the swap dealers pick up 7,773 short positions at high prices*  http://www.cftc.gov/dea/futures/other_lf.htm   http://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalViewable/cot062414 Spot silver has gone from about $21. to $21.20 =/- and back down to $21.00 =/- this morning. My comments* Marshall’s labels are not the same as those used in the COT, but can guess what he’s referring. But is today’s silver price action connected to yesterday’s COT release? Swap Dealers have bought 7000+ more shorts and that means what? Managed (Hedge Funds) have sold 4000+ shorts and bought 7000+ longs since the June 24 COT and that means Hedges think spot is going 2 move up? This is Greek 2 me.

  11. It looks like the  POMO precious metal pumping monkeys are not listening to Marshall.
     
    watch Puerto Rico That ‘country’ is about to default on its bonds—-scores of billions in bonds
    That might be a flash point
     

    • Could be @AGXIIK.  I get the impression that the bond market is not all that solid these days.  If it was, there would not be such a huge excess of UST paper out there, nor would the Fed be buying 3/4 of the UST bonds sold these days.  It might not take much at all to send the whole thing hurtling into the financial abyss.  Once the bond derivatives do a belly flop from 10 stories up, it could all go to hell in a hand-basket so fast that it would make a Fed officer’s head spin.
       

  12. What are the odds of Marshal Swings scenario coming true?  Is this article just pure sensationalism?  What are the odds of Catherine Austine Fitt’s slow burn scenario coming true?  Probably better than the Marshall’s odds in my opinion. Now, all scenario’s could come true.  Some scenario’s have better odds.  Some are not nearly as sensational.  The slow burn scenario is the most likely scenario to come true.  The dollar is going to just slowly but surely fade away, like an old soldier.  Inflation will just continue to eat away at our purchasing power, jobs will not return, people’s dreams will die or fade away, people will become zombies.  The US will eventually just be ignored on the global stage and eventually be declared unimportant.  We will be welcomed into the third world. All of this this will unfold at a slow enough pace that there is minumum blowback.  Efforts will continue for as long as possible so as not to rock the boat.  No huge gains in PM’s or commodity’s.  No stock market crash.  Just pure, slow misery, leading to a changing of the gaurd and the death of the dollar.  This scenario is more likely to happen than Marshall’s. I seriously doubt we are going to see any explosions in the price of metals in the immediate future.  We have to wait and see I guess.

    • That we do @pollokeeper.  None of us knows or can know the future.  But we can study some trends and try to glean some info from them about what MIGHT happen.  We might even get some sort of clue as to roughly when it will happen.  But, while the slow-burn idea certainly has merit, if the derivatives market implodes, which it very well might, we WILL see a VERY rapid disintegration of the paper paradigm and a correspondingly fast rise in the prices of real vs. paper assets.  I say this because I cannot see any way for the derivatives market to become unglued slowly and gently.  They are basically all or nothing bets… with leverage and lots of it.  It could be so fast that no central bank can stop it from occurring once the avalanche to the bottom occurs.  As always, such “prices” will not be in fiat terms but in terms of what real things we can buy with an oz. of gold or silver.

    • @Ed_B  If you buy into Jim Willie’s thesis that the economy collapsed in 2008 than it is easy to subscribe to the slow burn scenario.  The economy collapsed but the affects of this collapse are being felt slowly but surely, eventually leading to total chaos and dysfunction.  The last phase of this process coming at a time that cannot be accurately predicted.  A collapse of derivitives would be part of the last phase of course should this happen.  So far, we are 6 years into this process.  I would say that this pretty much describes the slow-burn scenario.  My personal interest in all this is in the Price of silver.  When will something happen in this macro scenario that pushes the Price of silver higher?  I think that is the million dollar question for anyone who follows this site.  And, do we need a derivitive implosión in order to reléase silver from the hands of the manipulators?

    • @Pollokeeper
       
      “If you buy into Jim Willie’s thesis that the economy collapsed in 2008 than it is easy to subscribe to the slow burn scenario.”
       
      Agreed.  However, much depends upon how we define “collapse”.  If this is a collapse, it surely is a kinder and gentler one that many of us have imagined.  I tend to see a collapse as one that starts slowly and is probably not even noticed by a lot of people (so far, so good).  Then, events occur that destabilize the system, causing bigger changes that people start to notice.  In the latter stages, these events and changes become impossible to ignore as they increase in size and frequency.  This would be somewhat like a land slide or other natural event that starts slowly, builds up, and eventually becomes terribly destructive. This is one possible path.  Another is that some cataclysmic event occurs… the infamous Black Swan, if you will.  Such would be a derivatives market implosion, as that would affect the entire financial structure of the world and has the potential to happen very quickly and be completely devastating, all on its own.  No other event would be needed to make this a terrible thing, although it is also possible that wars and other very bad things could occur shortly thereafter.
       
      I can see the derivatives implosion as a cause of rocketing PM prices because such an event would devastate all forms of paper wealth; stocks, bonds, currencies, etc.  The economic effects would be felt everywhere and very quickly too. Whether this comes first or as a result of a slow-burn scenario, who knows?  Perhaps this is not all that important.  What IS important is what we have done to make it as easy on ourselves and our family as possible.  No one would escape this unscathed but those who have prepared for it via accumulating with real assets and not just paper assets will do better than most others.  History is pretty clear on that part of it.  Even though this would be an unprecedented event, we can extrapolate from other catastrophes in history and infer that PMs will retain some usable value while most paper assets would not.  Holding an oz. of pure silver in our hands is something real and is of MUCH greater value than an oz. held in some financial institution that might or might not survive and that might or might not have 50-100 other people claiming that same oz. of silver.
       
      As to the price of silver, the fundamentals of this metal are pretty clear.  Few new silver ore finds are being made these days.  The ore bodies in the established mines are declining in silver content, often more rapidly than expected.  Labor and fuel costs are rising, sometimes rather steeply.  The odds of it being cheaper to mine silver at any point in the future look pretty low.  Then, of course, we have inflation that continuously erodes the purchasing power of the fiat currencies.  All of these combine to show us that the “price” of silver will rise in the future, just as it has in the past.  Silver was priced at $1.29 or less per oz.  In fact, in December of 1932, silver prices fell to an all time low of 24 cents an oz., per:  

      http://www.enterpriseintegrators.com/palmer/history/3-tulane&jub/historyofgold&silver.htm

       
      Silver is more than 80 times that costly today and this effect is not going to end any time soon.
       
      “And, do we need a derivitive implosión in order to reléase silver from the hands of the manipulators?”
       
      While that would very likely do it, we might not need such an extreme event in order for sanity to return to the silver and gold markets.  Just ask yourself, “What would happen in these markets if the appreciation for these metals in Asia was to spread world-wide?”.  In small markets like this, it is not necessary for a huge amount of money to come in and cause very large increases.  Perhaps even a relatively small amount of money would do a great deal for silver and gold prices.  Just imagine if even 10M Americans started buying an oz. or two of silver each month.  But, for this to work, we must clearly differentiate between paper PMs and physical PMs.  At the moment, there is a lot of confusion out there on this point.  Once that clears up, probably via some kind of failure to deliver in the futures market, PM prices could be freed and the manipulators entirely discredited in the public eye.
       

    • @Ed_B   Almost everything you discuss points toward the slow burn scenario which proves itself true anyway with every passing day.  I also believe that this will lead up to the derivitive’s implosión that you speak so eloquently about.  This derivitives implosión could happen at any time and would be imposible to time.  Could be years away.  Commodity’s could stay suppressed up to the time that this event occurs in my opinión.  If this is the case all fundamental arguments that support owning commodity’s for short term gain would have no merit.  Owning the metals would be solely an insurance policy to defend against the eventual derivitive implosión.  And, many other crappy events like war etc would occur after this implosión of course, sparing no one.  I hope I am wrong with this thinking.  I prefer Bo Polny’s 2000 dollar gold fantasy story to Marshal Swings rediculous armageddon in 2015 fantasy story.  Go Bo!!!!

    • @Pollokeeper
       
      I am not saying that Willie is wrong or that the slow burn scenario won’t happen.  What I am saying is that while this is likely it isn’t the ONLY way that this can play out and that we should keep our minds open to multiple possible scenarios.  Things have a habit of working out in ways that are unexpected and we need to be sufficiently flexible to adapt to significant changes as they occur.  Is this not the essence of prepping and planning?  :-)
       

    • @Ed_B  What I see coming, from the perspective of a Little guy who is just trying to survive, is higher prices for all goods and services that I use.  Prices will and are rising faster than my pension recieves cost of living increases.  I live in Panama.  People here are screaming now because of the inflation.  The president has imposed Price controls on 22 different essential food ítems for the next 6 months and also there are restrictions to control hoarding.  Now, this wouldn’t be important at all except for the fact that I live in a dollarized economy.  Sincé when does an economy using the dollar need to impose Price controls? I thought that inflation in the US was only 2%?  Inflation in Panama, from a boots on the ground perspective has been running over 10% for the last 5 years.  So much for 2% inflation. This is a slow burn scenario in motion if I have ever seen one.  I asume that the news concerning Price controls in Panama is not on the news in the US?

    • @Pollokeeper
       
      “What I see coming, from the perspective of a Little guy who is just trying to survive, is higher prices for all goods and services that I use.”
       
      That seems perfectly reasonable to me.  We’ve been seeing that for the past 6 years or more.
       
      “Prices will and are rising faster than my pension receives cost of living increases.”
       
      It’s the same here for many Americans… especially those who are barely scraping by.
       
      “The president has imposed Price controls on 22 different essential food items for the next 6 months and also there are restrictions to control hoarding.”
       
      Economic history shows pretty clearly that the effectiveness of wage and price controls is miserable, yet there is always someone out there who is willing to run that tired old experiment all over again.  It will achieve exactly the same results this time as it has the last 100 times it has been tried… shortages and considerable difficulty for those it is supposedly attempting to help.  Yes, prices will remain fixed for essential goods but the supply of them WILL dry up.  People can blame hoarding for this if they want but the truth of the matter is that it will be due to supply shortages caused by those goods being sent to other markets that are not price controlled.  Nixon tried this in the US around 1970 and it absolutely did not work.
       
      “I thought that inflation in the US was only 2%?”
       
      That’s what the US Gov and the Fed WANT us to think even though they are well aware that real inflation is pushing double digits.  Like many other political ideas, this one is based on a lie.  But people are not stupid when it comes to their pocket books.  We all know that inflation is higher than is being reported, as is unemployment.  They are just doing that to save the Gov some money in cost of living adjustments for federal pensions and SS benefits, as well as other things that are based on the made-up number called the CPI.
       
      “Inflation in Panama, from a boots on the ground perspective has been running over 10% for the last 5 years.  So much for 2% inflation.”
       
      Economist John Williams at http://www.shadowstats.com has been using the same method to calculate inflation and unemployment as did the US Gov before they jumped into the “lie and feel good” economic method.  They simply do not count the prices of fuel or food in the CPI, even though WE ALL MUST BUY THEM.  They claim that these items are “too volatile”, or some such nonsense, to count.  No one with even a slight acquaintance with math buys into this baloney. This is a clear attempt to obfuscate the facts of our situation and thereby make the idiot politicians and their idiotic policies look better than they really are.  Williams is showing inflation right now at about 9.6%.  It has been over 8% for some time now and it is rising while the Fed plays games with how it is counted so as to not spook and stampede the sheeple.
       
      “This is a slow burn scenario in motion if I have ever seen one.”
       
      Yes, it is.  But this does not preclude a black swan event of some kind that really accelerates the burn rate.
       
      “I asume that the news concerning Price controls in Panama is not on the news in the US?”
       
      No, it isn’t and it’s because that does not fit in with the current low-inflation narrative.  The Fed’s inflation numbers and the unemployment numbers from the BLS are completely made-up numbers with zero basis in fact.  They do this for political reasons, which does not work in economics.  The ONLY value at all in economics is in accurately measuring the performance of the economy, which then allows business people to make correct decisions on how to run their businesses and assists government entities in planning various things.  Other than these, it is pretty much valueless, IMO.  Once political games become more important than accurate data, it is GAME OVER for any real value from economics.
       

  13. Just overlook the Bullshit. Nothing is happening all that great in the PM markets, just pump and dump. As far as the JOLTS Jobs availability report is concerned, it’s like push starting a car, but in the end your battery is still dead!

  14. Interesting… Lots of emotion on this comment section; that is, for people believing it to be BS. …also noted, a lot of anti Semites and Christian haters here… How did they manage to finish the article if they feel it’s BS in their bones? Honestly, when I read an article supporting gay marriage (abomination of any species) I change the page. Why further my angst by reading garbage that doesn’t fly with my own core principals? Likewise why endure sensationalism or Christian denoted evaluations….unless down in your bones you fear there is truth in it? Of course you fear it, that’s why your here…. Arguing with Christians, knowing they cannot be swayed, but hoping dearly you might convince yourself if you insult and degrade them… Perhaps some other lost soul may comfort you with support or a thumbs up! Misery loves company, and no loser wishes to lose alone. By your own words you condemn yourselves, and by your own  words you are redeemed. There is power in words. It is best that you say nothing at all for your own sakes.
    Up or down, today or tomorrow, no man knows when calamity may strike. This Author sounds a bit self rightous and smacks of pride. Hope he is wrong, but the world will move on, it always has.

    • @dolph less than most, more than some… I see I hit the nail close to the head with you? Don’t mistake me for a pacifist Christian dolph, I’m more along the lines of a Christian warrior… You won’t find an easy target here my pm trolling hack-friend.

    • @dolph Dude, what is it with you and Jews? Lol I’m a mutt breed Portuguese American. I can’t believe you used my troll term above in an “modify” after I called you one. How weak! Haha you suck kid! And judging by your instigating mouth, you likely hide behind your /anon computer a lot, while getting canned and wedgies at your school. I seriously can’t think of one man (boy-virgin in your case) that talks trash like you do, whom DOESN’T live with his Mom. …get lost kid, ya Botha me! (Dismisses you with a petty wave of the hand)
      P.S. you might as well quit now kid, this thread is old, no ones reading your weak comebacks, and your just plain embarrassing yourself.
      (Shamus Moves on to another thread)

  15. I do firmly believe that Satan is after Proverbs and rightfully so, a two faced sword? Which side is the sharpest? Bring me the head of Alfredo Garcia and then stop by Proverbs place!

    • @Ranger
      As a 32nd degree Freemason, you have no choice but to be familiar and intimate with the teachings of Albert Pike.
      So do you believe Albert Pike was a good or bad man?
      Do you believe Lucifer to be a god equal to Adonai?
      When you claim to fear God, do you mean Lucifer the “Light Bearer” of the Lodge?
      :)

  16. I think you lot have been at some kind of mad juice. What is the price of silver again? and gold?
     
    Okay, well until those numbers move higher and not do this holding pattern, I will save my dancing shoes until then.
     
    And as for god? wtf? god does not care about economics.

    • They must have watched my last Recliner Report. LMAO Ignore and they will disappear. No wonder I have been staying away. Keep Stacking

    • Well M45 your not the only one , I once enjoyed this site but the bible thumpers have taken it over and Doc  is letting them  ruin his blog  .but as they say ,I don’t own a bolt in it and have no intention of buying it ., I will just start look for somewhere else that talks about PM and not church .and church I remember well , my mum use to send my brother and myself there once a month just too remind  us there was something worse than school .

    • @panamaguy
       
      “… my mum use to send my brother and myself there once a month just too remind  us there was something worse than school.”
       
      LOL!  Your Mum was a wise woman.  My Dad found me some of the dirtiest and hardest jobs he could find for my summer employment.  His goal was to convince a head-strong teenager that he didn’t really want to be doing crap jobs all his life and that there were better ways to earn a living.  It worked too.  Oh, man, did it work!  :-)
       

    • @Ranger
      ???
      Israel has had the full, 100%, uninhibited wrath of the Moslem world since its creation on May 14th, 1948.
      Actually, The Arabs in Bible days loathed Israel out of jealousy of the fact that God chose Isaac and Jacob instead of Ishmael and Esau.
      Welcome to planet Earth, Israel has always been hated by Moslems and WASPs, (not to mention the Russian Tsars). Maybe spend less time worshiping the “god” of the Lodge Lucifer.

  17. EdB  What concerns me is that there is no major GDP country with a sovent central bank and a sovent liquid bond market. What I mean by this is that unlike conventional banking, the world I am used to, with a credit analysis based on real income, real credit ratings and rate assets as collateral (as real as they can be in our reality), the sovereign bonds are representative of insolvent countries with nothing more than printing presses separating them from the abyss.
    That 10 story edifice?  Yes, it’s there.  All the central governments and banks live in it.  The problem for those occupants is that the building is made of paper and glass.  And the natives are restless,  carry rocks and burning torches.  

    • @AGXIIK
       
      “What concerns me is that there is no major GDP country with a sovent central bank and a sovent liquid bond market.”
       
      The meaning is clear, brother AG.  The world is simply awash in debt and a large part of that is sovereign debt.  When there is too much of something in any market, it’s price and value fall… always.  There are so many UST bonds out there now that very few buyers exist for any more of this financial drek.  The US Fed HAS to buy at least 75% of these bonds, else the auction will fail, the US Gov will really look like incompetent fools, and higher interest rates WILL result if additional bonds are to be sold… and they MUST be sold, else they cannot finance the debt and the whole house of cards will come tumbling down around their ears.  The real trouble with this, as seen by the Fed and the Gov, is that this could easily ignite a death spiral in the UST paper market.  As more and more bonds become bought by the Fed, people who hold older bonds will see this and sell their bonds into this market, thus forcing the Fed to redeem even more bonds and be unable to sell the bonds that they already have.  As the race for the exits intensifies, the Gov and the Fed will be trapped between a rock and a hard place… unable to sell new bonds to roll over old ones and having the “house” as the only buyer.
       
      “And the natives are restless,  carry rocks and burning torches.”
       
      Yes, we do… and pitchforks as well.  The mental image of a squirming politician or bankster impaled upon a pitchfork wielded in righteous anger does have some appeal… quite a bit in fact.
       

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