launch rocket vertical

Silver and gold prices continue to deteriorate as the speculators continue to buy up shorts and the commercials were able to wrest all higher priced longs from them in short covering, depressive episodes which, repeated in nature, have convinced the speculators prices are going much further South, and soon.
The important thing for the powers that be to do now is to reinforce the negative thinking on the part of speculators and anyone with interest in physical metal as they want it all for their one world currency backing, and they want it at low prices.
When prices do go below $17 we are going to begin to see foreign governments coughing up physical into the market as they will embrace all things paper and the promise of far greater returns on investment and protection from inflation for their people while watching the DOW eclipse 18,000, then 19,000 then…20,000.
If you believe Martin Armstrong, we will see DOW in the high 20,000s maybe even break 30,000.
All will seem well in the world of paper until merely days before the planned economic collapse of the world’s derivatives and bonds, and lastly all currencies.

hyperinflation

$100 million that flowed directly to Zimbabwe’s brutal dictator Robert Mugabe was more than just a cash infusion to a corrupt dictator.   Rather, it was a veritable political lifeline to a desperate and vulnerable despot. Facing defeat in the initial round of elections to the opposition, and with the nation’s currency was hyper-inflating, the only thing he had at his disposal were valuable platinum assets that were at the time held by Anglo American Platinum.
So Mugabe did what any desperate tyrant would do:  He expropriated the assets from Anglo-American and immediately put them on the market to raise money to crush his opposition.
Enter Wall Street…

gold

Given the stunning Indian and geopolitical price drivers now in play in Iraq, Syria, and the Ukraine, I think gold could charge beyond $1325, and on towards the $1347 and $1390 area highs.
Silver, which is perhaps better referred to as “gold on steroids”, looks even better. 

Excellence

There was quite an interesting headline in the news, which, to my great surprise, went almost completely under the radar, at the close of 2013.  It was only picked up by a few small media outlets, and then was quickly dropped.
Nothing further was said, and no additional commentary was even given.  I hope to remedy that today.
The headline was this: Russian banks buy up 181.4 tons of gold, in 2013.
Read that againcarefully.
Does it say, “Central Bank of Russia buys 181.4 tons of gold”?
No, it says that commercial Russian banks bought almost 90% of Russia’s gold production in 2013.

buck

Events, food purchased away from home and live entertainment are increasingly unaffordable to the bottom 90%.
It’s starting to feel like a $5 bill is the new $1 bill: everything that could be purchased with one or two dollars not that long ago is now $5 or even $10.

Former-Mob-Boss

Crime Boss: Wall Street Has No Ethics
The Colombo crime family’s former boss – Michael Franzese – says even he doesn’t trust Wall Street.

I did a lot of things at times with people on Wall Street….A lot of [Wall Street] guys are shady and they did shady things with me and I don’t trust them.   And I don’t like other people that I don’t know really well taking care of my money. I think that I can do it better.
No matter what, it’s [physical gold and silver] always going to have a valueUnlike stocks, where in our country, you go to sleep, everyone tells you everything is wonderful, you wake up and everything is gone.

debt

In danger of dying from too much debt.
Today, the world economy is in uncharted territory.
Never before has the developed world carried this much debt.
Never before have the central banks of those same countries expanded their balance sheets so much.
Never before has so much sovereign debt been outright monetized. Never before have major financial institutions been officially designated as “too big to fail” and thereby been granted special license to assume gigantic risks.

Dr. Lacy Hunt, economist and current executive vice president of Hoisington Investment Management Company, expects the macroeconomic situation to get worse from here:

police state

If I had a cure for Ebola, I could never sell it to you.  I don’t have a cure for Ebola of course, but even if I did I could never promote it.   And if you have a cure for Ebola and you start promoting it on the Internet, a SWAT team could soon show up at your door.  Unfortunately, I am not kidding.  Even if you have made a discovery that could potentially save millions of lives, that will not earn you an ounce of mercy from the FDA.   In fact, the FDA has just issued a statement that contains a chilling warning for anyone that is claiming that they know how to prevent or cure Ebola.
FDA bureaucrats are scouring the Internet right now for any sign of an Ebola cure or treatment.
When they find one, they are likely to crack down very hard based on their history.  So if you do have a cure for Ebola, you might want to be very, very careful.  You could end up having men with automatic weapons conducting a military-style raid on your home when you least expect it.

panic

Overnight, CME Group Inc., the world’s largest futures market, halted all of its Globex electronic trading markets, including gold and silver, for four hours due to a “technical glitch.”
All other Globex electronic trading markets, including U.S. Treasury’s, oil, gold and U.S. stock indexes were affected with many markets having order routing problems.
Got PHYZZ??

Caption Contest 1

The Shanghai Gold Exchange will be opening up bullion trading to international investors on September 26. China is striving hard to internationalize their currency, and as well, remove the pricing privilege in markets which the West has monopolized so far.   This is a very bold move, and part of their larger plan to make China a bullion-trading hub.
Since their objective is also to internationalize the Yuan, trading will be settled in Yuan and not dollars, which of course, is another small nail in the dollar coffin. The exchange will be serviced by a 1,500 metric ton vault, which is very impressive, indeed.
As if that wasn’t big enough, the Singapore Exchange Ltd. (SGX) will also be opening up a 25 KG kilobar contract to be traded.
These Asian trading platforms will not be as opaque as Western platforms, and will be physically backed, so we believe that this will indeed be the future of international precious metals trading.
This is concrete proof that not only is the West’s gold and silver moving East; their ability to manage prices is also slipping right from under their eyes.
September is shaping up to be a very eventful and historic month, even if we do not see any great changes in price action.

comex silver

It’s so blatantly obvious that even a caveman can see it

The front month silver contract on the Shanghai Futures exchange is currently trading at an 8% premium to the LBMA price and the futures curve there is in backwardation, indicating a very tight physical market.
Roughly 80% of the physical silver from the SFE vaults have been removed.
On the Moscow Exchange, silver trades at a 16.8% premium to the LBMA price.
But this is what we get in the lawless United States:

broadside

The Unlooked for Juggernaut
As many commentators point to very significant signs that the imbalance in silver’s supply and demand are reaching critical points, very few of them seem to be paying attention to a forgotten metric to watch in silver.  

It is that metric which may be about to broadside the silver market again and break it open for good:

gold MSM Mope

Do you think there is no connection with the Department of Homeland Security buying 3 billion rounds of hollow-point bullets and the ongoing militarization of local police departments?   Did you know the IRS [NOT a part of the corporate Federal government], also has IRS agents now armed and supplied with bullets?  All the while, Obama, and elite wannabe former NY mayor Bloomberg want to see all Americans disarmed.  If you want to better understand why, reflect more on events at Ferguson.
“Uncle Sam Wants YOU!”   Just not in the way you thought.
Fascism is alive and well in the US, but US citizens find that almost impossible to believe.
The elites have planned the takeover of the US since the early 1800′sThey think in terms of generations in executing their plans, gradually over time so that the effect is hardly noticed, like the gradual elimination of specie-backed United States Treasury Notes, and replacing them with worthless fiat Federal Reserve Notes issued by a private banking cartel.  What citizen of the United States knows anything other than fiat Federal Reserve Notes  as “money?”
The end will be devastating for almost all Americans who remain unaware of being unaware.  The end will also take longer than most believe possible, until it all unravels seemingly “overnight.”

raid

Dave,  NOBODY IS TALKING ABOUT THIS!!!  Everyday at 8 to 830am this happens… oh gold trades  fine all night and then Bang. We should short it at 745am eastern…

That quote is from an email I received this morning from an executive at a gold/silver/copper mining company.
How come no one discusses that fact that, day after day, silver and gold trade flat to higher when the eastern hemisphere is open but, for some reason, as soon as the Comex trading floor opens, the price of gold and silver get demolished: