bottom of the barrelSubmitted by Bill Holter:

Please understand that the psychopaths who are running the world will apparently run this game until the very last ounce of strength (Gold & silver) is gone.  More and more demand for physical metal is showing each and every month.  When the “bottom of the barrel” is reached the game(s) will stop, physical metal for sale will dry up entirely and literally no amount of fiat currency will secure it.  You are being offered the greatest price discount in relation to money supply in history right now, secure holdings now because later the only way to do so will be with real goods that owners are willing to barter for. 

 

2013 Silver Eagles As Low As $2.59 Over Spot at SDBullion!

We are now at the end of a 6 month “trashing” of Gold (and Silver) prices which has been done to enforce the mantra “Dollar good, Gold bad”.  This has been done with every trick learned by and or known to man.  Sell massive amounts of paper futures when no “important” markets are open, sell massive amounts of paper futures with instructions that they all be sold “at market” and within 5 minutes.  This has been done entirely to effect price… trades like these would NEVER be done by an entity trying to get “the best economic price” for their wares.  The ONLY possible explanation for trades like these (which leaves footprints and paper trails) is to suppress the price of whatever is being sold.

Rome burns while the CFTC fiddles and looks the other way.  You must understand that it “has” to be this way because what is the CFTC to do?  Follow the paper trails and declare the Fed and US Treasury “manipulators?  Not a chance.  But, even in a world where over 100 “paper ounces” are traded for every 1 REAL ounce in existence…”some” real Gold must be traded.  “Dis hoarded” is the word.  Over the last year, calculations have been done where as much a 5,000 to 6,000 REAL tons traded hands and moved from West to East.  Does the West have a bottomless pit of Gold to sell into the market?  Obviously not and this of course is evidenced by Germany “asking” for their Gold back from New York, London and Paris because they already did the math.  They did not in reality “ask”, they “demanded” it back…only to be told that it would take 7-8 years to accomplish.  If you use common sense, this “transfer” could logistically have been done in less than 90 days even using antiquated “Pony Express” methods so 7-8 years is the time-frame because the Gold is alredy gone.
But wait, some semblance of sanity is now entering the marketplace.  “Junk” Silver (which cannot be minted) is and has been showing signs of “shortage” with dealers paying $2.25+ over spot to purchase it and buyers waiting 3-5 weeks to receive it.  After yesterdays most recent daily trashing, something started to snap in the Eagle/Maple market.  The premium moved up a dime and there is now a wait of at least 2 weeks before shipment is made.  A “small” chink in the armor but…an upside down supply and demand equation has to start and show up somewhere.
As expected all along, it is with Silver where this is raising its head.  Sprott Management looked at the supply demand equation and asked the question about a month ago “where is all the Silver coming from?”, now we may be seeing signs that “it’s not coming or coming as fast”?
Please understand that the psychopaths who are running the world will apparently run this game until the very last ounce of strength (Gold).  I had thought several years ago that there would be a point in time when they looked in the vault and saw a dwindling pile which would at some point be “enough is enough” and they would protect the remainder.  That has not happened and I am now convinced that “shipments” to show strength and hide weakness will continue until there is nothing left except cobwebs.
When will this be?  Who knows, but we do know that more and more demand for physical metal is showing each and every month.  When the “bottom of the barrel” is reached the game(s) will stop, physical metal for sale will dry up entirely and literally no amount of fiat currency will secure it.  You are being offered the greatest price discount in relation to money supply in history right now, secure holdings now because later the only way to do so will be with real goods that owners are willing to barter for.  This scenario by the way is termed “when money won’t spend”.  As I wrote last week, “spend it while you can”!
Regards,  Bill H.

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  1. On another thread here, somebody made the following comment:
    One of the local guys I know has several 5-gallon buckets of junk silver dimes…
    Well…that sounds like a good start…
    -  -  -  -  -  -  -  -  -  -  -  -  -  –   -  -  -  - 
    Suddenly I am noticing a lot of mention of junk silver dimes.  Although I may have a stack of these, for a long time I viewed these old circulated dimes as a pain in the ass.  But when you think about it, they are:
    - Small denomination of Silver, good for purchases or bartering if TSHTF
    - Easily recognizable, vs. sub-1 oz rounds from a private mint you may have never heard of
    - Most likely real, as who would counterfeit old circulated dimes?
    - <You fill in what I have missed>
     
    Furthermore, if you stack Mercury Dimes, then ALL of your dimes will be 90″ silver, unlike a stack of Roosevelt dimes – which may have some clad coins mixed in and thus need to be sorted.  Is anyone else here a fan of Mercs?

    • One of the local guys I know has several 5-gallon buckets of junk silver dimes…
       
      Makes me wonder how someone would move a 5-gallon bucket filled with dimes.  That would weigh at least 300 lbs. and most buckets are not designed to hold that much weight.  That’s still an impressive image to contemplate, though.

  2. big big fan or mercs–been stacking mercs for a while.. I used to do maples only but sick of seeing that ugly mug on my coins…I started buying my mercs at 1.05 per have spent as much as 2.30 for each one.. my goal is 10000 mercs–best bang for the fake buck

    • I know what you mean about that mug.  When I look at my maples, it’s only to see that beautiful leaf.  I prefer generic .999 silver because it’s generally cheaper.  If the SHTF I’ll bring my silver/gold testing kit for trades.  Also, I want to be able to melt them down and have consistency when re-casting for things like ingots or jewelery.

  3.  
     
     
     
     
     
     
     
     
     
     
    Hello Fellow Stackers:
    Would anyone like to hazard a guess as to  what prices of AU and AG might be on 4/30/13  when hopefully this current gang-rape is over?
    MY guess:  $1500 AU   $24 AG
     
     
     
     
     
     
     
     
     
     

    • John in Philly…if all heck breaks loose in N. Korea shortly, things may rapidly spiral out of control so who knows what the price will be on April 30?
      An oz of Silver might purchase a few cans of food, while an oz of Gold will buy a solar panel or two…

  4. I have them all, Merc’s, Barber’s, Roosevelt’s, Kennedy’s, Walker’s, Barber’s, Seated and all the Dollars because I’m a 90% man through and through, the other 10% I give to my wife.
    The Dimes though take up too much room but still nice to have but my favorite is the Seated Dime it’s classy. lol

  5. Sorry but I despise those Barber halves, quarters and dimes.  Such an unimaginative, uninspiring design – is this the US Mint could come up with back then?  Besides, most of these are now worn-out ‘smoothies,’ same as those Standing Liberty quarters.
     
    Just melt them down and put them out of their misery.

  6. There was an interesting note about silver supply yesterday.  If ASE sales continue at their present pace, they will absorb the entire supply of US mined silver, about 40MOZ or so.
    Junk bullion may suffer just as ignominious fate as it did in 1979-80 time period.  Fated to be melted and smelted.  Constitutional silver will gradually disappear, removing a rich legacy of U S coinage and a stark remembrance of a time when this country minted real money. The crap now passed off as coinage is not worth the metal its printed on.  It’s embarrassing.

    • “The crap now passed off as coinage is not worth the metal its printed on.  It’s embarrassing.”
       
      Agreed, AG.  But, on the other hand, it symbolizes the current US monetary and economic situations pretty well… both fake.

  7. Who’s going to supply any significant amount of junk silver for melting then? It’s going to take pretty hefty premiums to convince stackers to part with it. Basically, it would need to buy them back way more bullion ounces than they lose junk. And even then, people like junk for its smaller divisions.

  8. With H.R 933 passed as amended on March 21, 2013, and with 2013 federal spending locked in till Sept 30, the April 15 budget resolution for the May 18 deadline for a debt ceiling hike is tantamount. They will keep it all going paid for with unlimited US Treasury options. Coupled with LIBOR and JPM manipulation lawsuits thrown out/dropped, their will be no upward pressure on silver or gold. 19.00 silver, 1000.00 gold without an equity market crash. 
    BTW, third world Americans (30 million or so) and food stamp Americans (47 million) have no need for silver or gold. Add the fixed income paper asset class, and a whopping percentage of Americans could careless about silver dimes or one ounce coins. The government policies will cater to them first, we will have to follow. An electronic/biometric currency is best over all to deal with the reality that in a fallen economic system, the old order will be vanquished at the street level. Central banks have a real need to buy or repatriate bullion, common people will be told how and with what they can buy bread with, old paradigms be to diminished then killed off. New paradigms adopted. This makes Jim Sinclair a dinosaur in the timeline.
    The question is, how do you preserve your accumulated wealth going forward. Diamonds are out with Russia’s announcement. So where and what?

    • Wrong being poor and on SSDI I am stacking what I can in silver, water, food, ammo, guns. Just traded some engraving for this, Savage Axis 223. Friends who don’t have much either are prepping best they can, rural America sees a shitstorm coming and doesn’t have the sheeple population of the cities.
       

  9. Everyone knows the silver market is ‘fixed’ by Air-head luciferians in the UK,USA..does not reflect the real world..maybe Sprott and other giants will start their Online Silver Exchange and rate for phyzz , .like Bitcoins , but just Silver/Gold ect .?

  10. With all those thousands of rounds of ammo, who are you planning to kill exactly? Or just practicing for the glorious event?
    I imagine practice makes perfect, although stress of actually being in a gun fight might alter precision some. A sniper gun is cool, but  you’ve then lowered yourself to the US drones executing strangers, unannounced from the skies.
    So there you are in your epic gun fight, defending yourself from those coming to rob you. Will they leave you be if you’ve just shot a few of theirr own? They’ll not come back with a morter or sorts?
    This seems to be a US-specific phenomenon, totally gun-obsessed. Like a gun acts as a shield. It’s ludicrous. Guns gets you shot by a bigger gun. It attracts fire to those you’re setting out to protect. Movies are not real. Fantasies a bad guide.
    Do you think that a jewish family in Europe would have shot themselves to safety if they were properly armed? Silly them for not being ready to shoot anyone huh? Their ancestors in Israël are fine with it, and kill 100% civilians. Some heroes.
    Seems you gun nuts are preparing to kill as many US troops as possible. Don’t you have any in your family? You’d be wiser to get non-lethal guns to get some sympathy. They are more likely to take you alive. Shooting your house off its foundation is such an appealing option. Makes for better real neighbourhood restructuring. And nothing to remember the hood of your old house.
    I wish you good luck with that. I am not setting foot in a country that has more guns than people. Tell me when you are the last man standing, and how that has worked out for you. Already US troops are freaking out over the kills they’ve committed. Kill themselves. Surely you will sleep like a baby having killed dozens of looters and US troops just doing their job. They’ll kill your kloved ones and let you flee. You’ll be such a happy camper. Write a book about it. You’re so special for surviving this.
    Such a smart nation, and in one specific respect you are so nuttily self-destructive.
    Why don’t you invade the white house NOW? Take your millions of gun nuts and march there. Ain’t gut the guts. You speak so proudly of the founding fathers but can’t exist in their shadows. You wait until its way too late and will then to proceed to take as many lives down with your own as possible. Weird sense off heroism.
    Tell me I don’t have an f’ing clue. That 300 million gun nuts know it better than 7 billion who prefer to live more or less peacefully, and intend to die peacefully also. 

    • XC old friend, you Don’t!!! 
       
      That being said, you are totally right about one thing: Guns attract Bigger GUNS! 
      Most of us 2nd Amendment defenders know these things. Our “media” exports
      only the craziest slice of the gun folks news, 99.9% of us are self-defense minded
      and know that we are out gunned and out manned.  That which you describe is a 
      suicide mission, and few subscribe to that. The good news for most of us is that 
      we can barter excess ammo, it will always be worth SOMETHING! Guns as well. 
      It is as good (or better!) than stacking Silver and Gold. Safer too! Gotta defend that STACK
       
       
      XC, you make great points, but most of us have already figured these things out for ourselves. 
      I say this most respectfully to you. I wish we could live in your peaceful world, but if the USA 
      falls, your world ceases to exist eventually. Or at least is in jeopardy until things settle down again. 
      HOPING I am wrong, but FEARING I am RIGHT. 
       
      Peace Bro!

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