• This issue is resolved.  Please send me an email to bullrunsilver at gmail.com if anyone is experiencing issues accessing the website or commenting.  We had to upgrade the servers and put additional measures in place to prevent DDOS attacks like we had this week.

  • @JerseyJoe @Boswell

    Sorry about the podcast download option not showing.  The post is updated now.

     

  • GOFO Rates are plunging deeper into backwardation!
    Let’s head immediately to the important data points today:

    NOV 6.2014/ANOTHER 2.99 TONNES OF GOLD LEAVE THE GLD/INVENTORY RESTS AT 732.83 TONNES/NO CHANGE IN SILVER INVENTORY/GOLD DOWN A BIT/SILVER DOWN A BIT/GOLD/SILVER EQUITY SHARES RISE CONSIDERABLY.

    Gold: $1142.30 down $3.10
    Silver: $15.39 down 3 cents

    In the access market 5:15 pm

    :

    Gold $1141.00
    silver $15.41

    Even thought gold and silver was down today, the equity shares were up considerably.

     

    The gold comex today had a poor delivery  day, registering  4 notices served for 400 oz.

    Silver registered 35 notices for 175,000 oz.
    A few months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 250.47 tonnes for a loss of 53 tonnes over that period. .

    I am deeply concerned that most of the gold that enters as a deposit at the comex are of the kilobar variety i.e. exact multiples of 32.15 oz. We have had again many transactions of this type at the comex.

    In silver, the open interest contracted a bit due to the huge raid but it still remains extremely high and today at 170,139 contracts.
    The  December silver OI lowered to 109,395 which is as expected due to the raid.

    Today, we had a huge withdrawal of gold Inventory at the GLD of 2.99 tonnes/ inventory rests tonight at  732.83 tonnes.

    In silver,  the SLV inventory remained constant tonight.

    SLV’s inventory  rests tonight at 343.450 million oz.

    .

    We have a few important stories to bring to your attention today…

    Let’s head immediately to see the major data points for today.

    First: GOFO rates: May Day!!! May Day!!! we are moving deeper into severe backwardation 

    All months basically moved more severely into the negative directions.  Now, the first 4 month GOFO rates rocketed  deeply into the negative.Almost all of the leases are down with the first 3 month GOFOs. On the 22nd of September the LBMA stated that they will not publish GOFO rates. However today we still received today’s GOFO rates.

    It looks to me like these rates even though negative are still fully manipulated.

    London good delivery bars are still quite scarce.

    The backwardation in gold is incompatible with the raid on gold yesterday morning. It does not make any economic sense.

    Nov 6 2014

    1 Month Rate: 2 Month Rate 3 Month Rate 6 month rate 1 yr rate

    -.185%                  -0.145%               -.102%          – .0175%          + .145% (one year never used)

    Nov 5 .2014:

    1 Month Rate 2 Month Rate 3 Month Rate 6 month Rate 1 yr rate
    -.0875% +          -.05%                  +-02%           +.052 %      + .1625%
    end

    Let us now head over to the comex and assess trading over there today,

    Here are today’s comex results:

    The total gold comex open interest rose by a wide margin of 3101 contracts from 417,377 down to 414,276 with gold down $22.90  yesterday. The raid had a small success to our criminal bankers as some of the fluff left the gold arena.  The next delivery month is November and here the OI actually rose by 1 contracts We had 3 delivery notices filed on yesterday so we gained 4 contracts  400 oz of  additional gold ounces will  stand for the November contact delivery month. The big December contract month saw it’s Oi fall by 9,912 contracts down to 254,366.  The estimated volume today was good at 174,679.  The confirmed volume yesterday was very good at 290,956.. Strangely on this 5th day of notices, we had only 4 notices filed for 400 oz.

    And now for the silver comex results.  The total OI fell  by 6324 contracts from  176,8463  down to 170,139 as silver was down 51 centsyesterday.  No wonder the raid yesterday as the bankers had some success in removing some of the longs. In ounces, this represents a total of 850 million oz or 121.0% of annual global supply.  We are now in the non active silver contract month of November and here the OI actually rose by 10 contracts up to 135. We had 8 notices filed on yesterday so we gained 18 contracts or we have an additional 90,000 oz that will stand for the November contract month.  The big December active contract month saw it’s OI fall by 6,858 contracts down to 109,395.   In ounces the December contract  is represented by 547 million oz or 78.1% of annual global production  (production = 700 million oz – China). The estimated volume today was very good at 46,326.  The confirmed volume yesterday  was excellent at 99,327. We also had 35 notices filed  today for 175,000 oz.

    Data for the November delivery month.

    November initial standings

    Nov 6.2014

    Gold

    Ounces

    Withdrawals from Dealers Inventory in oz
    nil

    Withdrawals from Customer Inventory in oz
    50,244.43 oz(HSBC,,Manfra,)includes 3 kilobars

    Deposits to the Dealer Inventory in oz
    nil

    Deposits to the Customer Inventory, in oz
    47,104.711 oz (Scotia)

    No of oz served (contracts) today
      4 contracts( 400 oz)

    No of oz to be served (notices)
    52 contracts (5200 oz)

    Total monthly oz gold served (contracts) so far this month
     9 contracts  (900 oz)

    Total accumulative withdrawals  of gold from the Dealers inventory this month
       80,224.3  oz

    Total accumulative withdrawal of gold from the Customer inventory this month

     514,484.8 oz

    Today, we had 0 dealer transactions

     

    total dealer withdrawal:  nil  oz

    total dealer deposit:  nil oz

    we had 2 customer withdrawals:  and again we had these wonderful kilobar transactions

    i) Out of  HSBC:  50,147.98 oz

    ii) Out of Manfra;  96.45 oz (3 kilobars)

     

    total customer withdrawals : 560,244.43  oz

     

     

    we had 1 customer deposits:

    i) Into Scotia:  47,104.71 oz

    total customer deposits : 47,104.71 o  oz

     

     

    We had 0 adjustments:

     

    Total Dealer inventory: 869,309.361 oz or   27.03 tonnes

    Total gold inventory (dealer and customer) =  8.052 million oz. (250.47) tonnes)

    Several weeks ago we had total gold inventory of 303 tonnes, so during this short time period 53 tonnes have been net transferred out. We will be watching this closely!

    Today, 0 notices was issued from  JPMorgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equates to 4 contracts  of  which 0 notices were stopped (received) by JPMorgan dealer and 0  notices were stopped by JPMorgan customer account.

    To calculate the total number of gold ounces standing for the November contract month, we take the total number of notices filed for the month (9) x 100 oz to which we add the difference between the OI for the front month of November (56) – the number of gold notices filed today (4)  x 100 oz  =  the amount of gold oz standing for the November contract month.

    Thus the in initial standings:

    9  (notices filed today x 100 oz +   (56) OI for November – 4 (no of notices filed today = 6100 oz (.1897 tonnes)

    we gained 400 oz of gold standing for the November contract month.

     And now for silver:

    Nov 6/2014:

     November silver: initial standings

    Silver

    Ounces

    Withdrawals from Dealers Inventory
     nil oz (Scotia)

    Withdrawals from Customer Inventory
    937,957.109 oz
    (Delaware,HSBC)

    Deposits to the Dealer Inventory
    nil

    Deposits to the Customer Inventory
    nil

    No of oz served (contracts)
    35 contracts  (170,000 oz)

    No of oz to be served (notices)
    100 contracts (500,000 oz)

    Total monthly oz silver served (contracts)
    112 contracts (560,000 oz)

    Total accumulative withdrawal of silver from the Dealers inventory this month
     183,382.9. oz

    Total accumulative withdrawal  of silver from the Customer inventory this month
    3,096,793.2 oz

    Today, we had 0 deposits into the dealer account:

     total dealer deposit: nil oz

    we had 0 dealer withdrawal:

    total  dealer withdrawal: nil  oz

     

     

    We had 2 customer withdrawals:

    i)Out of Delaware: 337,920.949 oz

    ii) Out of  HSBC:  600,036.160 oz

    total customer withdrawal  937,957.109 oz

     

     

     

    We had 0 customer deposits:

    total customer deposits: nil     oz

    we had 0 adjustments

     

     

     

    Total dealer inventory:  66.140 million oz

    Total of all silver inventory (dealer and customer)   180.217 million oz.

    The total number of notices filed today is represented by 35 contracts or 175,000 oz.  To calculate the number of silver ounces that will stand for delivery in November, we take the total number of notices filed for the month (112 ) x 5,000 oz to which we add the difference between the total OI for the front month of November(135) minus  (the number of notices filed today (35) x 5,000 oz =   the total number of silver oz standing so far in November.

    Thus:  112 contracts x 5000 oz  +  (135) OI for the November contract month – 35 (the number of notices filed today)  = amount standing or 1,060,000 oz

    we gained 90,000 oz of silver standing.

    It looks like China is still in a holding pattern ready to pounce when needed.

     

     

    end



    The two ETF’s that I follow are the GLD and SLV. You must be very careful in trading these vehicles as these funds do not have any beneficial gold or silver behind them. They probably have only paper claims and when the dust settles, on a collapse, there will be countless class action lawsuits trying to recover your lost investment.

    There is now evidence that the GLD and SLV are paper settling on the comex.



    ***I do not think that the GLD will head to zero as we still have some GLD shareholders who think that gold is the right vehicle to be in even though they do not understand the difference between paper gold and physical gold.  I can visualize demand coming to the buyers side:


    i) demand from paper gold shareholders

    ii) demand from the bankers who then redeem for gold to send this gold onto China

     

    vs no sellers of GLD paper.

     

     

    And now the Gold inventory at the GLD:

     

    Nov 6.2014: we had another huge withdrawal of 2.99 tonnes of gold.

    This gold is also heading to Shanghai.  If I was a shareholder of GLD I would be quite concerned as there will be no real gold inventory left per outstanding shares.

    Nov 5 we had another huge withdrawal of 3.000 tonnes of gold.  This gold will be heading to Shanghai/GLD inventory 735.82 tonnes

    Nov 4.2014: a huge withdrawal of 2.39 tonnes of gold/GLD inventory/738.82 tonnes

    Nov 3.2014: no change in gold inventory at the GLD/741.21 tonnes

    Oct 31.2014: no change in gold inventory at the GLD despite the raid/inventory at 741.21 tonnes

    October 30.2014: we had another 1.2 tonnes of gold leave the GLD and heading to Shanghai/Inventory 741.21 tonnes

    October 29.2014: we had another .99 tonnes of gold removed from the GLD/inventory 742.40 tonnes

    Oct 28.2014: we had another withdrawal of exactly 2 tonnes of gold heading to Shanghai;  Inventory 743.39 tonnes

    Oct 27.2014: no change in gold inventory at the GLD/inventory 745.39 tonnes.

     

    Oct 24.2014: a huge withdrawal of 4.48 tonnes of gold at the GLD/Inventory 745.39 tonnes.  This gold is heading to friendly territory: namely Shanghai.

     

    Oct 23.2014: no change in gold inventory at the GLD/Inventory at 749.87 tonnes.

     

    Oct 22.2014: we lost another 2.1 tonnes of gold at the GLD. Inventory rests at 749.87 tonnes.  This tonnage no doubt is off to Shanghai.

     

    Oct 21.2014: no change in inventory/GLD inventory rests tonight at 751.96 tonnes.

     

    Today, Nov 6. a huge withdrawal of 3.00 tonnes   gold inventory   at the GLD

    inventory: 732.83 tonnes.

    The registered  vaults at the GLD will eventually become a crime scene as real physical gold  departs for eastern shores leaving behind paper obligations to the remaining shareholders.   There is no doubt in my mind that GLD has nowhere near the gold that say they have and this will eventually lead to the default at the LBMA and then onto the comex in a heartbeat  (same banks).

    GLD gold:  732.83 tonnes.

    end

     

     

    And now for silver:

     

    Nov 6.2014: no change in silver inventory/(as of 6 pm est) inventory rests at 343.45 million oz.

     

     

    Nov 5  today, the total silver inventory drops of 2.074 million oz/SLV inventory: 343.45 million oz

    Nov 4.2014: wow!! we had another addition of 1.151 million oz of silver inventory/SLV inventory rises to 345.524

    Please note the difference between GLD and SLV.  The GLD has physical gold to send on its way to Shanghai/SLV has no silver to offer to the participants to give to various players..

    Nov 3.2014:  this is good news:  the “actual silver inventory” rose by 958,000 oz to 344.373 oz

    (I guess there is no physical silver to raid from the SLV vaults:)

    October 31.2014: despite the huge raids yesterday and today:  no change in silver inventory at the SLV/inventory at 343.415 million oz

    October 30.2014; no change in silver inventory at the SLV/inventory at 343.415 million oz

    October 29.2014 no change in silver inventory at the SLV inventory/343.415 million oz

    October 28.2014: no change in silver inventory at the SLV/Inventory at 343.415 million oz

    Oct 27.2014: no change in silver inventory at the SLV

    Oct 24.2014: as of 6 pm, there is no change in silver inventory at the SLV. Note the difference between gold and silver.  Gold leaves the vault of GLD as little silver leaves the SLV.  (I guess it means that there is no silver to give to the banker participants)/Inventory:  343.415 million oz

    Oct 23.2014: no change in silver inventory at the SLV (as of 6 pm est

    Inventory: 343.415 million oz

    Oct 22.2014: no change in silver inventory at the SLV ( as of 6 pm est)

    Inventory: 343.415

    Oct 21.2014; no change in silver inventory at the SLV (as of 6 pm est)

    Oct 20.2014: we lost 1.15 million oz of silver inventory at the SLV/inventory 343.415 million oz

    Oct 17.2014: no change in silver inventory/344.565 million oz

     

     

     Today, Nov 6..2014: we have no change in silver inventory /inventory 343.45 million oz

    end

    And now for our premiums to NAV for the funds I follow:

    Note:  Sprott silver fund now deeply into the positive to NAV

    Sprott and Central Fund of Canada.
    (both of these funds have 100% physical metal behind them and unencumbered and I can vouch for that)

    1. Central Fund of Canada: traded  at Negative 10,1% percent to NAV in usa funds and Negative   10.1% to NAV for Cdn funds

    Percentage of fund in gold  61.9%

    Percentage of fund in silver:37.50%

    cash .6%


    Nov 6/2014)   

    2. Sprott silver fund (PSLV): Premium to NAV rises to positive 4.89% NAV (Nov 6/2014)  

    3. Sprott gold fund (PHYS): premium to NAV  falls to negative -0.56% to NAV(Nov 6/2014)

    Note: Sprott silver trust back hugely into positive territory at 4.89%.

    Sprott physical gold trust is back in negative territory at  -0.56%

    Central fund of Canada’s is still in jail.

    end

    • garbage

    • SD, Thank you Thank you Thank you for carrying Harvey through the mess. Heroism is its own reward because the mainstream never notices it. Heroism rests in your heart forever. Thank you for being heros. You are more than just Harvey.

      Welcome back, Harvey. Keep blowing those whistles. It’s who you are and always will be.

      Love you. Love that conure.

      Agnes

      • @agnes   the conure’s name is Caesar.   Despite the drivel from the usual cast of negative Neds, I respect Harvey for what he represents; the courage to speak out and call out those who would do us harm

    • The dollar rising is what is keeping gold and silver in check and moving lower right now…..nothing else.   If the dollar breaks and closes below 86 and then 83…you WILL have seen the bottom in the metals….PERIOD.

      • The dollar rising is part of the decline but less than 30-40%. The BIS, IMF and of course the bullion banks make up the later.

    • Oops! there it is ! @ Thanksgiving  the Short  Turkeys get  squeezed lol!

    • These prices should force the miners fight back imo.

    • These prices should force the miners fight to  back imo.

    • “The  December silver OI lowered to 109,395 which is as expected due to the raid.”

       

      This makes no sense, given a “raid” as you indicate it would imply new shorts, which would mean open interest increasing, not decreasing.  Really, if anything this ‘raid’ combined with the ‘physical shortages’ would make comex silver one of the cheapest available and OI in the december would be increasing as people choose to stand for delivery… yet this is not happening?

       

      What is happening is people are rolling their positions to forward months (look at their OI if my word isn’t good enough), the only thing you are right about is that this reduction in open interest is not unexpected, this happens every futures expiration.

      • @mikeyj80 – one thing learned here fairly quickly is facts are irrelevant in most instances.

        “Raid” is just another “pounce” in a long line of dramas.

        Your efforts to disseminate the Facts through the Fog is valued.

         

        J

         

    • As I now understand the COMEX with the help from silver doctors contributors’ recent comments there are people with bags of Federal Reserve Notes, maybe Chinese government people and maybe western bankers and others who take positions in the future price of silver in total worth over a full year of mine production which is mostly a bet like a poker game bet and in a minor way it is a hedge such as an ebay silver pieces marketer buys a bag of silver and sells it immediately through the COMEX to guarantee the spot plus price he seeks. So it’s not the hedge that moves the price it is the poker game that is the center of attraction that moves the price of silver. The poker game is what matters with silver not the supply of silver right? Kind of like the rate of interest and currency related $700 trillion ++ derivatives game bankers play with depositors’ federal reserve notes.  It’s the game that matters not the hedge right? So to find true and honest price discovery which is needed to put the silver miners back to work the answer must lie in understanding how to move the poker games to Las Vegas so the real mining can go ahead and solar panels can be built. Like the wives of Rockport Massachusetts fishermen kicked the booze out of town over a hundred years ago how can the silver miners and silver stackers kick the poker game out of town that is wrecking their livelihoods and depressing the value of people’s metal?

       

    • They won’t…..the Chinese and Indians will, eventually.  OR one humongous buyer will.  OR the total collapse of the JNB that will spill over into other world currencies and cause the catastrophic ripple effect into the Fed system that can no longer be hedged.  Nobody knows how long or short the unwind could take.

    • In other news,

      the COMEX is STILL a sideshow: treat it like the blurb at the bottom of this page,

      “THE ANALYSIS AND DISCUSSION PROVIDED ON SILVERDOCTORS IS FOR YOUR EDUCATION AND ENTERTAINMENT ONLY, IT IS NOT RECOMMENDED FOR TRADING PURPOSES.”

      The gold market is made elsewhere.

      “What is COMEX daily volume? Isn’t it somewhere around $20B? And the LBMA reports a daily volume of $240B, 90% of which is “spot gold” or about $216B per day. So COMEX is about 10 times the volume of GLD, and LBMA “spot” is around 10 times COMEX and 100 times GLD”

      For comparison, the annual flow from mining and scrap recycling is about 4,000 tonnes. That’s annual. So the physical flow from mines and recycling compares to the LBMA spot market like this. About 16 tonnes per day in physical versus 2,700 tonnes per day in the “spot market”. Now what could possibly constitute such an enormous “spot market”? FOREX trading.

      Just as Merikans believe football to be a game played with an oblong ball, they continue to insist that their markets are the key institutions in global trading. Oh well/

      Give [name redacted]a cute parrot, and a storyline about fighting big Pharma, and you can turn him into a superstar analyst of a market he is only glancingly familiar with. What matters is – he’s a nice guy – so, like lay offa him dude!  Oh well

      ONLY IN AMERIKA.

      • ‘Merika… where the Ministry of Thought resides in a parking lot.

      • Oh boy, yet another comment section expert setting the world of the uninformed straight!

        So, now we learn that the Comex does not set the price of Silver or Gold…

        Quick, someone call every financial media outlet in the world that the tic by tic price they post all day long (from the Comex) is nothing but a fraud, ’cause the latest Comment Section guru at Silver Doctors said so…

        Someones got some “splainin” to do Lucy!

      • @Srv

        comex sets nothing, merely the platform for the trade.  Buyers and sellers set the price.  No need to call anyone, they already know this.

    • @SilverDr – the attraction to Harvey’s thesis is the draw and not the mis-representations of mechanics due to mis-understanding them.

      Fundamentally, Harvey purports there to be an end to “Manipulation” which resonates loudly among all within the community.

      His time frame is December – January.

      His price targets are $200 Ag & $4K – $10K Au.

      Regardless of Harvery’s past indiscretions, it is the promise of higher prices that always creates the draw.

      Many will wait for Godot.

      and continue to wait…

      anthropology.

    • Oh […], no, not this guy again.

    • @SilverDr,
      you’re talking to me?

      err, did you fall on your head a lot as a youth? Nothing personal in asking, I just need to know as it is a long standing policy of mine not to beat up on or take advantage of the cerebrally-challenged.

      I know all I need to know about [name redacted]s indiscretions – since the 1st time the information was placed on here. And I also know enough about the inner workings of the COMEX, it’ relative insignificance in the grander scheme of things, and the manner in which the same gentleman manages to confuse readers with serial misinformation. Simply by coming here and paying attention I have learned these things.

      Had YOU been paying attention, you would know all that, as my comments have disclosed all that, and more. But apparently you live in a cossetted demi-world of the truly self-obsessive, much like your opposite number and chief [name redacted] fanboy SRV.

      Both of you are living examples of the dangers of fanaticism and finger-pointing. Lashing out at those who respect moderation and balance is simply exposing yourself to public humiliation. If that’s your thing – carry on screaming… and posting and reposting the same thing every day now. I believe that was someone or others definition of [redacted]!

      The only thing you have achieved with this outburst of overthetop screed is to turn my sympathies slightly in the direction of [name redacted] – if he is having to deal with [redacted] such as yourself, then perhaps he is not such a bad guy afterall!

  • GATA’s Chris Powell joins us this week for a power packed show discussing:

    Powell’s view on the endgame- Central banks will revaluate gold upwards substantially overnight, after which the gold suppression will start again from a much higher level  
    Massive Chinese gold accumulation: China doesn’t want a free market, they want control of the gold market!
    If Gold & Silver Markets Are Not Rigged, They Are the Only Markets Not Rigged- Free markets are restraints on Central bank power!
    Physical vs. certificate bullion- Chris asserts that if you’re taking certificates at a bullion bank, you might as well flush your money down the toilet!  
    Physical PM investors are fighting every central bank in the world- they won’t relinquish their power easily until the last ounce of metal is drained from the markets.
    Is the collapse of the fiat system imminent, or will the struggle against Central banks go on for decades?

    The SD Weekly Metals & Markets With Special Guest Chris Powell is below: Chris Powell

     

     

    Mexican LIbertad SDBullion

    • 1220 on the ES opens up as we lose 1730 in the ES.

      1780 is the ES target on this expanding range, we will see several days of contention in the 1872-1904 ES volume range.

      The 1813 low was a very important low as the Daily uptrend from 2009 is now violated. We could well see a violet move to the 1920-1930 as the final push prior to rolling over even more violently and heading to 1780. Were this level to let go, I suspect we head directly to 1220 and then 1002 on the ES. Hard to believe, but this is precisely what could and should happen.

      Growth is over… Nations will need to focus on prosperity at reduced levels of GNP/GDP and contend with direct advantages as opposed to comparative advantages as Ricardo’s Law will face an interesting test for the United States ruinous Monetary and Fiscal Policies. The abuse of a once this “once in a Nation’s history” privilege of Seniorage concludes.

      It is vitally important to recognize the serious nature of this failure as the balance of the Globe well understands the implications for them and is wondering why the American Public remains far less perturbed. I have spent several years in South America, Central America, Caribbean, Europe and Russia – and had a great many discussions with people of numerous cultures – without exception, everyone I spoke with understood the true nature of “Money” and the United States squandered privilege.

      There have been no free markets for well over a Decade, they have been heavily manipulated for a very long time.

      There is an old saying from Asia – “Walk away from the King…”

      This is why gradualism is used, it is in no one’s real interest to see a global event which dislocates finance. There is not presently an alternative, not to suggest they are not in development, but it will be well into 2015 before China achieves their objectives. Any revaluation of precious metals would be driven by a dislocation of Eastern interests.

      China is looking for inclusion into the SDR in Mid-2015, it is a very strategic move which they will employ to their advantage… full convertibility. I do firmly believe they will make every effort possible to reach their goal, they would be foolish not too.

      This is of course at odds with the present mantra within the Gold/Silver Community of a large move in prices this December & January due to a lack of supply and China’s “surrounding the COMEX”… again, it is to China’s complete dis-advantage to full convertibility – The PBOC would have to fully abandon their efforts, ones they have been working towards since they achieved MFN status.

      So will China “walk away from the King”… I do not see signs of this just yet, although it is easily acknowledged, China like Russia will attempt to win from every point on the curve and they will.

      The ONLY thing which will disrupt this process is WAR or a dislocation so great (manufactured or not) as to wreck everything, literally a global disruption of commerce.

      No one can tell the future, we use the tools we have to analyze the Possible and assign a probability to expected events. One must acknowledge Free Markets require near perfect information and the ability to self-clear without intervention.

      I would suggest neither of these conditions exists, beyond that… we are hostage to a far larger game and one that hopefully is better understood by the objectives of those re-arraging the deck chairs.

       

       

       

      • I’m going to pass, but thank you.

        Sprott has entirely mis-judged the past 40 months… I have immense respect for Eric, but have great difficulty listening to Rick, John and Eric at present.

        When the song remains the same – it is  time for a new song.

        SAM has consistently under-estimated the impact of this liquidity induced experiment and it’s tidings, namely they have confused the possible with the probable. Rule is brilliant, in no way is there any lack of respect – he understands mass psychology very well.

        This environment is beyond difficult and Sprott has persistently demonstrated a very wise approach to their analysis, yet failed to prepare their base for what has occurred and implement their own assumptions – Eric acknowledges this, but frankly the writing was on the wall awhile ago, it appears to e to be too little to late.

        I do not understand this disconnect and why it occurred, but it did occur and it greatly impacted a wide array of their investors base. The numbers tell the tale… sympathetic, of course. Yet, there were a number of people within the community who correctly perceived realty with far greater accuracy and acted accordingly.

        Nor do I view them as “Excuse mongering” – simply a point of recognition that came far too late. Hopefully they get a much better handle on the future having observed the past 3+ years of dis-array.

         

         

         

      • 1 quick garden tip is a 50/50 mix by volume of horse manure + sawdust tilled into existing soil.  Creates a jungle for me. And $10 can get a pH + moisture + light meter.

      •  

        As the Ebola epidemic in West Africa is getting out of control, there are developing reports blaming the US for manufacturing Ebola and HIV viruses as part of its military’s bio-weapons projects using African people as guinea pigs.

        Reports have pointed out that the US and a number of Western countries are using the Ebola outbreak to expand their military presence in mineral-rich Africa, challenge China’s growing engagement across the continent and offer their pharmaceutical companies the opportunity to gain financial benefits from development and sale of potential treatment drugs.

        Leading the charge on the role of the US military in the development and spread of the Ebola virus in Africa is Liberian scientist, Dr. Cyril Broderick, who alleges that the US Department of Defense (DoD) is engaged in funding Ebola trials on humans that commenced only weeks before the Ebola outbreak in Sierra Leone and Guinea last January.

        According to Broderick, a former professor of Plant Pathology at the University of Liberia who also taught for many years at the Agricultural College of the US-based University of Delaware, the Pentagon granted a USD 140 million contract to Canadian pharmaceutical company, Tekmira, to perform Ebola research, which involved “injecting and infusing healthy humans with the deadly Ebola virus.”

        “Hence, the DoD is listed as a collaborator in a ‘first in human’ Ebola clinical trial, which started in January 2014 shortly before an Ebola epidemic was declared in West Africa in March,” Broderick wrote in a September 9 article in Liberia’s largest newspaper, Daily Observer.

        “Disturbingly,” he added, “many reports also conclude that the US government has a viral fever bioterrorism research laboratory in Kenema, a town at the epicenter of the Ebola outbreak in West Africa.”

        This is while the US government has been experimenting with deadly diseases on human beings for a lengthy period of time.

        One clear instance took place between 1946 and 1948 in the Central American nation of Guatemala, where the administration of then US president, Harry Truman, collaborated with the client state’s authorities to deliberately infect more than 1,500 soldiers, prostitutes, prisoners and even mental patients with syphilis and other sexually-transmitted diseases.

        Insisting that the U S, Canada, France, and Britain are “all implicated” in the development of the Ebola epidemic, Broderick also blamed the World Health Organization (WHO) and Doctors Without Borders of bringing Ebola to Africa through vaccination programs.

        Meanwhile, other press reports allege that the US views the Ebola outbreak as a “perfect opportunity” to achieve a long-held Western objective to expand a US military presence in Africa to challenge growing Chinese investment and influence across the continent.

        This is while the Washington Post reported in August that China “has arguably become the most formidable of the foreign players in Africa” in recent years by surpassing the US as Africa’s largest trading partner in 2009.

        Further pointing to the US military agenda in Africa, media reports have underlined statements made by US Vice Admiral Robert Moeller in a 2008 Africom conference held at Washington’s Fort McNair, saying that Africom’s mission also aimed at preserving “the free flow of natural resources from Africa to the global market.”

        Moeller also wrote in a 2010 opinion piece in the Foreign Policy Journal, titled ‘The Truth about Africom’ that “Let there be no mistake. Africom’s job is to protect American lives and promote American interests.”

    • 1220 on the ES opens up as we lose 1730 in the ES.

      1780 is the ES target on this expanding range, we will see several days of contention in the 1872-1904 ES volume range.

      The 1813 low was a very important low as the Daily uptrend from 2009 is now violated. We could well see a violet move to the 1920-1930 as the final push prior to rolling over even more violently and heading to 1780. Were this level to let go, I suspect we head directly to 1220 and then 1002 on the ES. Hard to believe, but this is precisely what could and should happen.

      Growth is over… Nations will need to focus on prosperity at reduced levels of GNP/GDP and contend with direct advantages as opposed to comparative advantages as Ricardo’s Law will face an interesting test for the United States ruinous Monetary and Fiscal Policies. The abuse of a once this “once in a Nation’s history” privilege of Seniorage concludes.

      It is vitally important to recognize the serious nature of this failure as the balance of the Globe well understands the implications for them and is wondering why the American Public remains far less perturbed. I have spent several years in South America, Central America, Caribbean, Europe and Russia – and had a great many discussions with people of numerous cultures – without exception, everyone I spoke with understood the true nature of “Money” and the United States squandered privilege.

      There have been no free markets for well over a Decade, they have been heavily manipulated for a very long time.

      There is an old saying from Asia – “Walk away from the King…”

      This is why gradualism is used, it is in no one’s real interest to see a global event which dislocates finance. There is not presently an alternative, not to suggest they are not in development, but it will be well into 2015 before China achieves their objectives. Any revaluation of precious metals would be driven by a dislocation of Eastern interests.

      China is looking for inclusion into the SDR in Mid-2015, it is a very strategic move which they will employ to their advantage… full convertibility. I do firmly believe they will make every effort possible to reach their goal, they would be foolish not too.

      This is of course at odds with the present mantra within the Gold/Silver Community of a large move in prices this December & January due to a lack of supply and China’s “surrounding the COMEX”… again, it is to China’s complete dis-advantage to full convertibility – The PBOC would have to fully abandon their efforts, ones they have been working towards since they achieved MFN status.

      So will China “walk away from the King”… I do not see signs of this just yet, although it is easily acknowledged, China like Russia will attempt to win from every point on the curve and they will.

      The ONLY thing which will disrupt this process is WAR or a dislocation so great (manufactured or not) as to wreck everything, literally a global disruption of commerce.

      No one can tell the future, we use the tools we have to analyze the Possible and assign a probability to expected events. One must acknowledge Free Markets require near perfect information and the ability to self-clear without intervention.

      I would suggest neither of these conditions exists, beyond that… we are hostage to a far larger game and one that hopefully is better understood by the objectives acknowledged – of those re-arraging the deck chairs.

       

       

       

    • I must say I would prefer his scenario of an overnight re evaluation and manipulation at higher levels than the total collapse

      of the dollar and our lifestyle as we know it. It was less gloom and doom than usual

      • We will collapse, it is a mathematical certainty.

        It is a simple analogue of the exponential function.

        What time is it? No idea.

        We are at a point in History where the past may well be prologue, yet winding one’s wristwatch or setting an alarm on their smartphone will be difficult.

        This weekend my choice is to rejoice with my friends and family to the fullest extent possible.

        And you?

        May you find the same – joy and an appreciation for the good.

      • “This weekend my choice is to rejoice with my friends and family to the fullest extent possible.  And you?”

        Sounds good to me, J Mac.  My wife and I plan to take a long scenic drive in the country on Sunday and will then come home to grill a steak dinner, complete with a garden salad, corn on the cob, Yukon gold potatoes, and a bottle of Merlot.  All but the wine and steak will come from our garden.  :-)

        Hmmm… that reminds me… it is time to get back to making some wine.  I love the berry wines, especially blueberry and blackberry… but strawberry is also good.  :-)_

      • @Ed,

        Nothing like growing you own, if you every need help on the gardening front… say the word.

        Taught Gardening classes for over two decades and have grown everything under the Fruit, Nut, Herb & Vegetable sun.

        Way to go, it would be wonderful if more people grew a portion of their own food.

        I’m working on a series of Educational Videos – 420 in all over the next 18 months, if you’d like the link let me know. We’re working our way through elements and onto getting our hands dirty.

        Be Well Ed,

         

        John

      • @Ed,

        Nothing like growing you own, if you ever need help on the gardening front… say the word.

        Taught Gardening classes for over two decades and have grown everything under the Fruit, Nut, Herb & Vegetable sun.

        Way to go, it would be wonderful if more people grew a portion of their own food.

        I’m working on a series of Educational Videos – 420 in all over the next 18 months, if you’d like the link let me know. We’re working our way through elements and onto getting our hands dirty.

        Be Well Ed,

         

        John

      • @J Mackenzie

        I can’t speak for Ed b, but I’d very much be interested in farming videos in which you speak.

        from a greenhorn farmer from Maine

         

      • @J Mackenzie

         

        Thanks, John, but I am doing pretty well with it.  I helped my folks for a few years when I was a kid, did  a little gardening off and on as an adult, and got back into it 3 years ago.  Half of the fun of gardening is the discovery process of finding out what works best.  I have the “green thumb” that some people talk about.  I even tried growing egg plant this year.  I’ve never eaten it but my daughter loves it and has several recipes for it, so I grew a few plants for her.  We only got 1 edible fruit from the 3 plants that grew this year but the plants looked very full and healthy, so we transplanted them into pots and will put them in our living room as house plants.  This room gets plenty of afternoon light and sun if there is any, so they should do well there.  They just dropped about a dozen flowers, so we are hoping that they will produce a few more fruit before they keel over for the season.  Our green beans, acorn squash, corn, beets, and cukes did well this year.  The tomatoes were exceptional this year and the potatoes never seemed to take off like they did last year.  We got a few Yukon golds but not the heavy crop that we had last year.  Over-crowding was a problem this year due to massive tomato, cuke, and squash vine growth.  I will remedy that next year by planting less and going vertical with most of our crops. One of our acorn squash grew into the chicken wire fence that we use to keep the rabbits out of the garden space.  It was funny to see a large acorn squash just hanging there in mid-air but it did well there.  In fact, it is the biggest one we got and is about 8″ long x 6″ wide.

         

        Yes, gardening is great and there is nothing like a fresh picked vine ripe and red tomato.  Taking a bite of one is like an explosion of tomato flavor in your mouth.  The store-bought tomatoes are grown to look good and travel well but not so much for taste or nutrition and pale by comparison.  Very little effort is needed to grow any number of things that are very tasty indeed.  My garden space is small but reasonably productive and the skills that I gain could one day be worth a great deal.  There’s also something spiritual that one gains from a solid connection to the land.  This is missing from so many people’s lives these days, yet it is of more importance than they seem to realize.

         

      • @silverdog

        It would be simply spectacular to share, exchange and build a knowledge base here. I do a significant amount of greenhouse growing and find it vitally important we make far better arrangements for the future.

        Enquiring Mind is interested in beginning a thread whereby we can share information outside the GOLD/SILVER/PM discussion… An excellent idea imho.

        I’ll post links to the video series there and we can hopefully share all a very broad array there.

        Look forward it, it is my true passion – we can hep one another build a very tight knit group, focused upon practical, pragmatic and mutually beneficial mindshare.

        FJ

      • @jmac

        I am excited about your response, my sincerest thanks! I am really looking forward to learning from you and hopefully sharing ideas with others. You sound like you are a very busy man, so your willingness to contribute to something like this is MUCH appreciated.

         

      • @ Enquiring Mind – Light it up, my pleasure.

      • @jmac

        I can’t register for the forum at the moment – registration for that seems to have been disabled. Consequently, ‘lighting up’ seems to have turned into a limp squid for the time being. :(

        Is it possible for you to share a link to the farming videos you mentioned here? It would be a start…

      • @ Enquiring Mind and @jmac

        I would enjoy seeing these types of conversations on here.  I am a recent newbie to this site and have seen so many opinions on the Au & Ag subjects it pretty amazing.  I for one am not going to worry about what is going to happen when.  It will finish when it is time.

        However my wife and I started growing our own food several years ago and are going to place our greenhouse in the next month or so hopefully.  I would love to get your practical advise on the most efficient or best practices tips!  Any way to ping me and let me know if this forum occurs or a link to the posts?

        jmac,

        Love your perspective on these times.  Thank you for the observations.

         

      • @Enquiring Mind and @jmac

        I would enjoy seeing these types of conversations on here.  I am a recent newbie to this site and have seen so many opinions on the Au & Ag subjects it pretty amazing.  I for one am not going to worry about what is going to happen when.  It will finish when it is time.

        However my wife and I started growing our own food several years ago and are going to place our greenhouse in the next month or so hopefully.  I would love to get your practical advise on the most efficient or best practices tips!  Any way to ping me and let me know if this forum occurs or a link to the posts?

        jmac,

        Love your perspective on these times.  Thank you for the observations.

         

    • Look around the world.  There is more distress of nations and things going on like never before.  Right out of left field Ebola comes and complicates things further in debt ridden America.  If things get much more crazy it will get chaotic fast.  Anyone with a brain knows that we are ripe for an attack from the Muslim world.  If that happens on a 911 shock level expect all hell to break loose in not only the markets, forget the markets, it will be bunker time if you have one.  Ebola may make “bugging out” impossible.  You people concerned about paper price are crazy.  There isn’t going to be a society left where silver/gold or any of it matters.  Hopefully it will be worth something in barter world, but that is even further down the road.  We have to get through collapse and chaos and hope for something better on the other side.

      • The Muslim world does not hate us. 9/11 was done by the US government. It is also likely that the ’93 bombings also involved the government. I agree though that things are going to get very bad for westerners, especially America. There will be a time when PM’s aren’t very useful. Sadly, large cities like LA and New York will never recover, they will become permanent war zones. PM’s won’t do you much good if you’re simply fighting for your life, but they might buy you a ticket out of town. There is no way that many people can live together without doing anything “productive”. All of the recent population growth has been based on replacing real jobs with financial jobs, and everyone else gets a job enabling the consumption of those in finance jobs. The rest of the world will do quite well though, unless a world war is started by the US. I don’t see how this could possibly go down “smoothly”. The US will become a basket case.

      • Snake…U.S. may see scattered cases of ebola, but nothing like the scope of West Africa.  Ebola needs heat, moisture, dark, and poor sanitation.  That’s why it’s been stuck in West Africa for the last couple of decades.  Here in Phoenix, where I live, it’s sunny, dry, and there is a robust infrastructure.  My concern is mass hysteria over what will even in a worse case scenario still be a limited problem.

      • The common flu will kill 100x more people than Ebola will this year.  Also, where Ebola has a high mortality rate just realize it’s in poor 3rd world countries which has malnutrition rates of 30% or higher.  While I’m sure it will be a lot deadlier than the flu if caught it will not have a 50% or 70% mortality rate in places like Europe or the U.S.   However, it’s a boom for the people selling emergency supplies and a years worth of food.  ha!  The usual fear mongering prophets are having a fields day with Ebola.

        More people died in car wrecks yesterday than will probably die in the U.S. of Ebola in the next year.  So be more afraid of that speeding car than Ebola.  Case and point!

      • The common flu will kill 100x more people in the U.S. than Ebola will this year.  Also, where Ebola has a high mortality rate just realize it’s in poor 3rd world countries which have malnutrition rates of 30% or higher.  While I’m sure it will be a lot deadlier than the flu if caught it will not have a 50% or 70% mortality rate in places like Europe or the U.S.   However, it’s a boom for the people selling emergency supplies and a years worth of food.  ha!  The usual fear mongering prophets are having a fields day with Ebola.

        More people died in car wrecks yesterday than will probably die in the U.S. of Ebola in the next year.  So be more afraid of that speeding car than Ebola.  Case and point!

      • @ Powerball, yes. It’s strange that Zerohedge is flogging this so much.

      • One of my friends just more than doubled her money investing in a hazmat suit company.

         

        Fear is alive indeed.

      • One of my friends just more than doubled theirmoney investing in a hazmat suit company.

         

        Fear is alive indeed.

      • One of my friends just more than doubled their money investing in a hazmat suit company.

         

        Fear is alive indeed.

      • Great post that what many need to understand buy it and go enjoy your life it’s going to happen.

    • Oh My God, Chris is such a frickin simpleton. He says ” I would like to see record of their trading accounts” talking about Central Banks. He says the Central Banks are trading secretly in the markets!!!

      This guy is so pathetically unqualified to discuss the process of price discovery and the Traders involved.

      CHRIS POWELL  !!!!!!!!!!!!!!

      CENTRAL BANK INVOLVEMENT IN ALL  FUTURES MARKETS ARE HERE!!!!!!!!!!!!!!!!!!!!

      http://www.cftc.gov/index.htm

      HAVE BEEN FOR YEARS !!!!!!!!!!!!!!!!

      SIMPLE, UNEDUCATED, BLOWHARD!!!!!!!!!!!!!!!!!!!!!

    • Wow… Chris Powell is disillusioned and says it may take decades for this to unravel. We must be close… my vote is for spring next year but what do I know. Simple math dictates however that it can’t go on for decades, there just isn’t that much gold available. Furthermore, if I understand my history correctly, when there are official revaluations of gold higher it usually overshoots and gets priced higher than it should based on fundamentals, for a while.

    • 30, 40, 50 years more of central bank manipulation???

      Can this be true?

      If so, I will be dead and BROKE.

      • I also thought about whether China could keep the manipulation going, but it’s not possible for it to continue for decades. Firstly, why? What’s in it for them? They have the gold — there is no reason for them to go to all the effort of accumulating it if they are just going to let it sit there in some vault somewhere officially unknown to the rest of the world; they would want to revalue it higher when the time is right. And secondly, more importantly, is the 2000 ton per year deficit between demand and mine supply. This is based on numbers from Koos Jansen and other reliable sources that I trust. Considering that central banks purportedly only held around 20,000 tons I believe before this leasing scam started, that would only allow it to go on for 10 years, unless some major unknown supply became available, which I highly doubt. And assuming that the central banks probably want to retain some gold in the future, that would knock it down to 5 years let’s say. Well that’s almost as long as it’s been going on for, so simple math dictates that it cannot possibly go on for years to come unless the authorities somehow destroyed private demand from retail consumers in India and China, which I would argue is impossible at these prices (it failed in India), and also runs totally contrary to the recent trend in China of the government encouraging its citizens to buy gold. There is only one solution — gold will be significantly revalued higher in the not too distant future. Patience is a virtue. Don’t get caught up in emotions. Let sound analysis of the facts and an understanding of the motivations and powers of TBTB guide your investments. Also never underestimate how long ponzi schemes can go on for; this explains why this one is lasting longer than expected because they always do. But it will crash as they always do.

      • One more comment… I think what Chris was saying about it continuing on for decades is that <i>after gold is revalued higher</i> then central banks will simply start another round of price control, from the new higher level. And that over decades they will again succeed in suppressing its price like they have over the last 40. Personally, I think they will try but will fail. This is because the world is at Peak Oil and running out of resources. Real growth is no longer possible (China’s recent growth has been at the expense of the western world and it all balances out) and therefore any future financial system based on growth (as they all are) will simply be another ponzi scheme that will have no traction. People will not use the financial system for savings for many decades since they will have learned their lesson when things collapse that paper assets are nothing; physical assets like gold etc are what store real wealth. The only reason the US paper empire has been able to build up over the last 60 or so years is due to the ability of the US to increase oil production until 1970, and then when it hit Peak Oil, to steal oil from the rest of the world via its trade deficit to enable its continued growth. Without real economic growth, paper empires are doomed because they are nothing more than ponzi schemes.

      • @Sam, take heart we’ll all be flat broke, that is the objective.

    • Whatever the timing of a USD DIGIFIATDEBT failure might be, if the US and 4 European countries see multiple outbreaks and cases of disease, you’re likely to see a  multi-trillion dollar EBOLA PUT as  the flash point for equity market collapse.  The central banks will find that owning 50% of the entire equities market will not end well. The bond bubble will likely collapse as well.

      The Ebola Put with its fear porn factor is just as manufactured as manipulation of the currency, precious metals and stock markets.  It is out there now because too few people are in the markets.  This is a best case wake up call to scare the living daylights out of the undereducated and easily swayed populace.   Continual relentless crises will finally become so pervasive that the people will accept any outcome, any solution that produces something other than the constant barrage of doom porn that spews from the MSM today. Hegelian Dialect taken on a global scale.

      Rates that have been steadily pressed down by nearly 30% in the last 6 months, such as the UST,  with its own mini-flash crash to 1.99% earlier this week repesents the ESF, PPT and other trading program worked to prevent a 500-600 drop in the DOW and even 2500 in a week

      Since  currency at all levels is still paper;  heavily leveraged, particularly with CBs which are leveraged at 70 to 1 (FED) or probably 200 to 1 (JCP) and the ECB out there at some number close to infinity with the PFIIGS going toes up, the collapse of market value will utterly destroy central banks, no matter how much FIAT they print.

      At present time the return on printed currency is a negative  yield to the GDP.  In 2012 printing resulted in .07% plus affect on GDP.  Now it’s less than zero, much like the NIRP that is becoming prevalent.  Even China’s CB juicing of something like $50 billion last week was just a time buying tranche to replenish their larger banks.

      Jim Willie says his sources say  that Chinese banks are in much better shape than those of the west. I disagree with that. A leveraged bank sitting on miles high piles of specious collateral is not a well capitalized bank.  China’s bubble is tens of trillions high and wide.  Western banks sitting on trillions of USD debt and sub prime paper  is just as questionable.  A country like ours with a BBB- rating and a negative outlook is not much better than Portugal with its 10 year treasury notes at just over 2%.  How much better is the Portugese economy than the US?

      With due respect to Chris Powell’s decades-long end game, when he quotes Jim Rickards, one of the biggest voices out there speaking to a very crunchy crash, I think he either hopeful that we can continue to muddle on so people do not get badly hurt by a crash or he does not want to scare the living bejabbers out of people with the more likely scenario and that’s a soon-to-unfold end result.  Ebola is just one mechanism used to cow and intimidate the people in this country.  There are many looming in the near future.  The ebb and flow of panic is real as people who are losing everything have nothing left to lose and lose it, to quote Celente.

      I don’t discount what Powell said.  His work is legion.  His timing might be just a tad optimistic.

      Maybe the best indicator of problems that are heavily weighted to systemic collapse is  when the leaders of this country and others  start  LYING IN PLAIN SIGHT.

      When things get serious start lying,  as Fin Min Junckers said 2 years ago.

       

       

       

       

    • BTW  All this will probably have an affect on gold and silver but I’m not sure what that’ll be.  The prices will probably move up or down in the next few months.
      If things get really serious Obola will probably nominate a precious metals czar. Like the appointment of Ron ‘Flounder’ Klain, the new Ebolaczar, the prez will see a need to put a political hack in charge of a crisis in gold and silver. Maybe by then people will start catching silver fever. The best cure for that ailment is to place 2 silver coins on your forehead and take a nap. Problem solved. It is my ferverent hope that Obola will appoint some hack K Street lobbyist to talk up a total cure for what ails the Precious metals markets and by nothing more than a complete stroke of accidental jawboning he clears our favorite markets of all manipulation and price suppression. Wake me up when that movie starts.
      Cheers y’all Have a great weekend

    • @Mark_BC

      Koos has done a remarkable job gaining entre to the inter-workings of the SGE and his work is well researched, kudos to him as this is extremely rare in the Gold/silver advisor herd.

      The interview TF did with him was excellent, would highly recommend for those who have not seen it.

      Provides drama-free analysis which is responsible and  extremely well balanced.

      No shenanigans and I do believe his assessment of China’s objectives are correct, mine align 100%. China desires full convertibility and inclusion into the SDR. Of course things are beyond fluid at present, but until there is a monumental shift, a change in objective appears unlikely.

      We’re riding coat tails of the leveler pullers, cashmere no less, difficult to keep a tight grip. It sure beats fighting it, better to gain from it and use it to our advantage.

      Be well,

       

      John

       

    • JMackenzie

      Willie hypothesised that the Chinese may profess interest in IMF’s SDR, if for no other reason that to delude the west into thinking that they support this platform.  JW thinks they will accept some minority position in the SDR but use this to conceal their real objectives.  One would be to diclose their vast gold holdings and force a majority position in SDR or to continue work on their own BRICS bank reserve currency system   Either way, I doubt if China would willing be part of SDR or much less, be forced into accepting it.  Their animosity towards the west’s deceipts is centuries long.  They are wise not to trust the barbarians.

      • It is their quickest path to full convertibility. JW is too full of drama and voices in his head for me to takeaway 10% of what he says, well, ok 20%.

        I have been repeatedly informed he makes up a great deal of the conflicts, builds a framework around them and presents this framework as reality, I do not know this to be true, but am merely repeating what “others” have expressed as inconsistencies in his analysis. It is truly best to connect the dots on your own, it is after all Occam’s Razor – the simplest truths are usually the best answer… ie. people, nations, movements will always act in their own self-interest, so Willie’s revelations are merely an extension of this basic precept – with high drama… tossed in for fun and self-sanctity.

        In order to have a position in the SDR, they will need to play the game… Therefore, under his very hypothesis they will play ball, whether it is too fool the West, or not. I find this fairly inconsistent… as the Anglo-Sphere MoneyBall isn’t dumb… quite frankly they have ad centuries to perfect their craft dating back to the Venetian Banking Crisis.

        Under-estimating the Creatures has been a persistent and on-going behavior within our contrarian community.

        Personally, I have reached a point in life, whereby I question everything… it certainly adds to the noise in my head and can present its challenges.

        Growth has been absent, the numbers have supported this for 13 consecutive quarters. All we have now is a vacuous and very hollow Ballon…

        One that has finally met it’s pin – $127Billion a month in liquidity being sucked out very quickly. SO $1.6 Trillion in support has been vacating he building. Elvis is still dead and no matter often Bernie just a new pair of shades…

        The shit is about to meet the Fan, there are no signs of China nor the FED backing away from draining any time soon… None.

        A very coordinated force is pricking the Global Ballon, let’s hope they do not eff it up… I can’t see how they don’t screw us badly.

        it is this coordination that leads me to believe China is still playing ball… it is not at all to their advantage to wreck anything, not at all.

      • It is their quickest path to full convertibility. JW is too full of drama and voices in his head for me to takeaway 10% of what he says, well, ok 20%.

        I have been repeatedly informed he makes up a great deal of the conflicts, builds a framework around them and presents this framework as reality, I do not know this to be true, but am merely repeating what “others” have expressed as inconsistencies in his analysis. It is truly best to connect the dots on your own, it is after all Occam’s Razor – the simplest truths are usually the best answer… ie. people, nations, movements will always act in their own self-interest, so Willie’s revelations are merely an extension of this basic precept – with high drama… tossed in for fun and self-sanctity.

        In order to have a position in the SDR, they will need to play the game… Therefore, under his very hypothesis they will play ball, whether it is too fool the West, or not. I find this fairly inconsistent… as the Anglo-Sphere MoneyBall isn’t dumb… quite frankly they have ad centuries to perfect their craft dating back to the Venetian Banking Crisis.

        Under-estimating the Creatures has been a persistent and on-going behavior within our contrarian community.

        Personally, I have reached a point in life, whereby I question everything… it certainly adds to the noise in my head and can present its challenges.

        Growth has been absent, the numbers have supported this for 13 consecutive quarters. All we have now is a vacuous and very hollow Ballon…

        One that has finally met it’s pin – $127Billion a month in liquidity being sucked out very quickly. SO $1.6 Trillion in support has been vacating he building. Elvis is still dead and no matter often Bernie just a new pair of shades…

        The shit is about to meet the Fan, there are no signs of China nor the FED backing away from draining any time soon… None.

        A very coordinated force is pricking the Global Ballon, let’s hope they do not eff it up… I can’t see how they don’t screw us badly.

        it is this coordination that leads me to believe China is still playing ball… it is not at all to their (Solely China’s) advantage to wreck anything, not at all.

      • It is their quickest path to full convertibility. JW is too full of drama and voices in his head for me to takeaway 10% of what he says, well, ok 20%.

        I have been repeatedly informed he makes up a great deal of the conflicts, builds a framework around them and presents this framework as reality, I do not know this to be true, but am merely repeating what “others” have expressed as inconsistencies in his analysis. It is truly best to connect the dots on your own, it is after all Occam’s Razor – the simplest truths are usually the best answer… ie. people, nations, movements will always act in their own self-interest, so Willie’s revelations are merely an extension of this basic precept – with high drama… tossed in for fun and self-sanctity.

        In order to have a position in the SDR, they will need to play the game… Therefore, under his very hypothesis they will play ball, whether it is too fool the West, or not. I find this fairly inconsistent… as the Anglo-Sphere MoneyBall isn’t dumb… quite frankly they have had centuries to perfect their craft dating back to the Venetian Banking Crisis.

        Under-estimating the Creatures has been a persistent and on-going behavior within our contrarian community.

        Personally, I have reached a point in life, whereby I question everything… it certainly adds to the noise in my head and can present its challenges.

        Growth has been absent, the numbers have supported this for 13 consecutive quarters. All we have now is a vacuous and very hollow Ballon…

        One that has finally met it’s pin – $127Billion a month in liquidity being sucked out very quickly. SO $1.6 Trillion in support has been vacating he building. Elvis is still dead and no matter often Bernie just a new pair of shades…

        The shit is about to meet the Fan, there are no signs of China nor the FED backing away from draining any time soon… None.

        A very coordinated force is pricking the Global Ballon, let’s hope they do not eff it up… I can’t see how they don’t screw us badly.

        it is this coordination that leads me to believe China is still playing ball… it is not at all to their (Solely China’s) advantage to wreck anything, not at all.

      • It is their quickest path to full convertibility. JW is too full of drama and voices in his head for me to takeaway 10% of what he says, well, ok 20%.

        I have been repeatedly informed he makes up a great deal of the conflicts, builds a framework around them and presents this framework as reality, I do not know this to be true, but am merely repeating what “others” have expressed as inconsistencies in his analysis. It is truly best to connect the dots on your own, it is after all Occam’s Razor – the simplest truths are usually the best answer… ie. people, nations, movements will always act in their own self-interest, so Willie’s revelations are merely an extension of this basic precept – with high drama… tossed in for fun and self-sanctity.

        In order to have a position in the SDR, they will need to play the game… Therefore, under his very hypothesis they will play ball, whether it is too fool the West, or not. I find this fairly inconsistent… as the Anglo-Sphere MoneyBall isn’t dumb… quite frankly they have had centuries to perfect their craft dating back to the Venetian Banking Crisis.

        Under-estimating the Creatures has been a persistent and on-going behavior within our contrarian community.

        Personally, I have reached a point in life, whereby I question everything… it certainly adds to the noise in my head and can present its challenges.

        Growth has been absent, the numbers have supported this for 13 consecutive quarters. All we have now is a vacuous and very hollow Ballon…

        One that has finally met it’s pin – $127Billion a month in liquidity being sucked out very quickly. SO $1.6 Trillion in support has been vacating he building. Elvis is still dead and no matter often Bernie’s dragged out -it’s just a new pair of shades…

        The shit is about to meet the Fan, there are no signs of China nor the FED backing away from draining any time soon… None.

        A very coordinated force is pricking the Global Ballon, let’s hope they do not eff it up… I can’t see how they don’t screw us badly.

        it is this coordination that leads me to believe China is still playing ball… it is not at all to their (Solely China’s) advantage to wreck anything, not at all.

    • @
      Proverbs1616
      are those  the good jews that follow this ???

      15. “A Gentile girl who is three years old can be violated.” — .9boda Sarah 37a.

      16. “A Jew may violate but not marry a non-Jewish girl.” — &ad. Shas. 2:2.

      17. “A Jew may do to a non-Jewess what he can do. He may treat her as he treats a piece of meat.” –Hadarine, 20, B; Schulchan 9ruch, Choszen Hamiszpat 348.

      18. “A Jew may misuse the non-Jewess in her state of unbelief.” — Maimonides, Jak. Chasaka 2:2.
      Please, feel free to elaborate and explain.

       

      DOC, I HOPE YOU ARE NOT DELETING MY POSTS AND I WILL GIVE YOU THE BENEFIT OF THE DOUBT , BUT MY LAST 2 POSTS ARE GONE .

      • @trejin

         

        First of all, I’m not used to seeing you much here.

         

        Secondly, that sounds like the Quran and hadith view of non Muslim women (and of Muslim women actually lol).

         

        Thirdly, I’ve never seen those in my life, and I’m assuming you got those from the Talmud? While I don’t follow the Talmud as a Christian, and while I doubt most Jews have ever seen those quotes, if those are accurate, you must remember that the Talmud is a dialogue between rabbis who argue every point of their traditions and then bring counter arguments, quoting different personalities and their opinions as they debate, counter debate, and triple counter debate.

        I can quote you verses from the Talmud where one rabbi argues that Judaism’s Messiahs might be the same person coming at different times, etc.

        Most orthodox Jews I know and have met won’t even look at and acknowledge a Gentle girl, let alone abuse one. They are strict monogamists who will only touch their Jewish wife, and who are even strict on how they approach their own wives, shall we say.

         

        So… Lol, quit wasting your time trying to trip me up with something you don’t understand (if it’s even a legitimate quote)

      • @proverbs1616.i grew up in a very jewish neighborhood.i’m sorry i’m lol.you are right though, most the old school won’t even give a non jewish girl a second thought.so ,even as the “old”joke goes.why does a jewish women close her eye’s during sex?because no way does she want to see her husband having a good time………………..snare drum please…..bada bump x

    • @ED_B

      Me too! A good day with friends and and evening with the wife. Chickens are running, vegetables are canned/frozen/dehydrated for the year, water running pure and cold and tender fillets on the grill tonight! Bring on the revaluing (or not for those that just woke up). Anyway, let’s hope we still have more time. By the way, buy it now ’cause there’s already at least one mine the has decided the price of silver is too low to make a profit. Others to follow. I doubt we’ll get much more chance to get silver at these prices.

      • @2OZ

        I have been ordering 50-80 ounces, every second Friday, from Provident, for the past year. Always received the order within two weeks. Mostly buy OPM kilo bars since they are LBMA certified . As of yesterday , I am still waiting for my last order and the kilo bars are now delayed . When I called them , they told me that they just have to many orders and fill them on first come first serve basis and, all they know about my 2 weeks old order is , that it is delayed, no estimate as to for how long. So I went to my LCS , and bought 70 Maples, pretty much the only silver they had in more then couple of pieces. I am in the Seattle-Bellevue area and the sales person told me, he wishes that prices would already move higher , because they have nothing to sell at the current prices.

        buy what you can , wherever you can.

         

      • @2 oz.

         

        “Chickens are running, vegetables are canned/frozen/dehydrated for the year, water running pure and cold and tender fillets on the grill tonight!”

         

        If you could add that fish are jumping in the local stream, then all would indeed be right with the world… or, at least our tiny corner of it.  😀

         

        “Anyway, let’s hope we still have more time.”

         

        Indeed so, for time is THE most precious commodity there is.  There’s only so much of it and when it runs out, it’s gone forever.  But time is only really useful when we make good use of it.  Wasting it is not a viable option at this point.  I agree with Trejin’s point below… get whatever PMs you can while you can, for we do not know when the timer will DING! and time for stacking will be up.  Don’t forget to stack some of those non-PM items as well.  Either they will be incredibly useful during hard times or they will cost us a lot less the sooner we buy them.  Either way, having them will be good and not having them could be bad… REAL bad.

         

      • @trejin and Ed_B

        Wow. That’s a lot of silver trejin. But keep on.  My LCS has tended to not put out silver at these prices (for mot people) but it’s still available although I’ve noticed a little premium increase.

        Ed, the fish are there but not jumping at the moment. They’ll start that about the time I’ll grilling the steaks.

    • Ranger  thank you for providing the link to Sprott.  You put it up 5 times, something I’ve never seen you do before.  Listen up people, when Ranger puts up a link 5 times that’s a big tell.  I don’t recall you doing that before Mr Ranger. Y’all best check what Sprott’s saying.

      I paused the Kransler podcast with Daily Coin on SGT report to review Sprotts podcast then finished Daily Coin review.   Both men were really digging down into the subject of false flags and black swans. Wrong they may be but I don’t think they went on their respective podcasts after reviewing their talking points. Even the POTUS Obola crew can’t seem to stay on spin.

      Sprott was quite concerned and as an insider’s insider his voice is worth reviewing.   His contentions that things are much worse that being let on. He said Ebola is being vastly underreported and could easily be the hard crash flag that’s been tried before.  
      The banking and PM markets are very troubled, what with rates moving quickly, COMEX criminality and maybe Ebola, all of which dovetails into what Kransler was noting about the Fed action and the housing market’s perilous state.

      Kransler went into more detail on the housing industry but Sprott noted that Harvey Organ’s site, one he reviews daily,  was killed off by some specious court order,  then went on to say that he reads Harvey over on Silver Doctors.  Sprott thinks highly of Harvey’s data and says he reads it daily. Killing the site really does mean Harvey was on to something.

      Sam520  I’ve been watching some of those troubling  signs, with the huge stress test being processed next week by the heads of the US, UK and other CBs   Kransler hinted that one major US bank is on the edge.  That might explain why we saw the UST 10 yr rate flash crash to 1.89% middle of last week.  UST leverage with the TBTF banks is off the charts given there’s over $200 trillion in derivatives against maybe $10 trillion in total capital base and more or less an collective $10 trillion in TBTF capital base. People who get stressed about Ebola normally know nothing about the banking problems but I think they are connected and people don’t get it. They will but not quite yet. The banking fail has to be processed more completely and effectively before that rug is pulled.

      The government’s plans to hit us with the bank crises, setting us up for a retirement plan confiscation, nationalization of broker assets or some sort of massive bail in to save some criminal enterprise like BOA, WFB, JPM, MS, GS or other overleveraged POS SIFI needs to be sufficiently hidden in plain site with Fearbola and other doom porn, distracting the suffering masses worried if they can get medical care when the hospitals are overwhelmed with people frightened out of their wits by a simple cold or flu.

      If the treasury rate flash crashed up to 3% or more this would be so large a hit against these weak US and international banks that it would make Greece look like a popcorn fart. The presently juicy 2% yield would crater the value of the bonds. Banks leveraged 30 to 1 or more, the drop in the bond values by 20-25% as a result of rate increases on this order could not be papered over by bankster living wills or stress test. I wonder if the failed banks have organ donor programs set up?
      And Greece is back on the ropes.  Their rates jumped 200 BPS in the last few weeks and there is strong Greek sentiment to tell the Eurozone to STFU. The politicians have been hardened by 3 years of Euro-theft committed against the Greeks and their nation.  That derivative load is well into the hundreds of billions or maybe trillions. A Greek fail would fall heaviest on DBank, SoGen, Unicredit, Credit Agricole and other heavily over levered Euro banks. If those banks implode, We are not immune in any way to the Greek contagion. It would roll across the pond like a super tsunami. It’s rumored our SIFI banks have tens of billions of these bonds and derivatives polluting their asset bases.

      IMO that default potential might be one of those preeminent black swans that can’t be contained.  The Portugese bank BES was captured by  massive  printing and it’s not really contained—just delayed. That was only a few billion. Argentina was contained for $30 billion. Trillions of containment FIAT might be too much for any CB.

      I think that the next few weeks might be troublesome. I’m  trading and converting to FIAT some of the 100,000 metric tons of silver that  Doc suggested is my total AG  stack.

      SGE is waiting for the shiny by Monday so I gotta go.

      I’ll try not to screw up the markets for Monday but don’t say you weren’t warned.

      Did I ever tell you that AGXIIK is tonnage not ounces   LOL :-)

      • @AGXIIK

         

        “The government’s plans to hit us with the bank crises, setting us up for a retirement plan confiscation, nationalization of broker assets or some sort of massive bail in to save some criminal enterprise like BOA, WFB, JPM, MS, GS or other overleveraged POS SIFI needs to be sufficiently hidden in plain site with Fearbola and other doom porn, distracting the suffering masses worried if they can get medical care when the hospitals are overwhelmed with people frightened out of their wits by a simple cold or flu.”

         

        Yep… but the real hell of it is that the banks are not suffering from a lack of liquidity.  They ARE suffering from an over-dose of stupidity.  And no amount of money on this Earth will fix stupid.  So, if private funds are confiscated and handed over the banks, the respite from collapse will be short… and in the end we will ALL be flat-a$$ed broke instead of just the banks and the Gov being broke.  Now, is this any way to run a country?  NO!  It is not.  We need to outsource the US Gov and Fed ASAP and hire some managers who know at least Econ 101 and who will do what’s right for the country and not just for their particular flavor of politics.  If they don’t perform, fire their butts and hire someone else.

         

    • cyberspace void.

      No way am I ever going to do anything to ruin my perfect record of being 100% wrong on precious metal prices. I have over 50 articles posted on this site that prove my point.

      • Well hell then, pen a piece about gold gong back to $250.

        Then we can add a double of the wall to your record from here…

      • Well hell then, pen a piece about gold going back to $250.

        Then we can add a double of the wall to your record from here…

      • @AGXIIK

        I know …. you have often said that your spot predictions are a great counter indicator LOL

        Somehow though, I think you are much wiser in this regard than you let on …

        Keep stacking!

    • BRICS exports are in a rapid state of decline.

      This Macro Event, accompanied by local/regional currency failings (See Argentina) as a consequence of diminished export activity and as well as any pretense of DX denominated credit worthiness for BRICS during a tightening of FED Funds rate environment…

      These events all conspire to make the probability of the  the U.S. dollar relinquishing its Seniorage any between now and January appear increasingly miniscule.

      In the present, clean sweep of the Board environment, one must clearly protect themselves, this applies to individuals as well as Sovereigns – and who is best positioned to protect themselves?

      That, for me is the Mutli-Trillion Dollar question.

      Answers abound…

      • nope, nope, nope,  not gonna do that J Mac.  After reading Infowars post about their support of the  forensic evidence that indicated Brown  fought officer Wilson for his gun and thus repudiating the victimhood movement’s attempt to confer sainthood on Brown,  I am thinking more along the lines of what you predicted;  gold to $1,100 and silver well below present levels.

        That’s why I am selling some PMs for FIAT today

        If nothing else, TPTB, ESF, PPT and other pump and dumpers must maintain their perfect record of destroying precious metals markets, the competition to their Fiat Ponzi schemes.  This can continue for some time longer but like Herb Stein,  If something cannot go on forever, it will stop.

        We’re pretty close to the end game.  And then manipulation will stop.

      • With your admitted batting average… I understand, perhaps a “Gold to the moon” will assist you, either way – best on conversion and additional CASH reserves, good use(s).

        Do hope we get to meet up one day, I spent two hours going over 150 acre Farm Plan today for Ohio farm with participants and am speaking to a family in Penn with large acreage to convert a full section to mechanized permaculture in the next year. Then it’s 80 million square feet under greenhouse in Cali, going to be a very busy 2015.

        My focus will be FOOD, FOOD and more FOOD… for the foreseeable future, Ed_b’s down, gonna see if his wine intake is any where near my wife’s – if so, berry wine bramble appears to be on the “to do” list :~)

         

      • @jmac

        Sir, I have been an lurker at SD for some time. To the Doctor and the people who run this site – thank you for all of the information you have provided here. It is deeply appreciated. And to all of the regular contributers in the comments thread, I have learned  from many of you, hello and thank you too.

        Mr Mackenzie, I signed up today to take the opportunity to thank you personally for what you have brought to the site. I find myself scouring the comments thread for your insights and thoughts. I realise that no one is infallible, so I don’t say that to pressure you, but I also realise that your past experience is invaluable in offering a little ‘leaven’ and reality to the conversations which go on here.

        I have a humble request to make of you. Finance is obviously not the only area you have experience in, and I would welcome the opportunity to learn more about many things. Would you ever feel comfortable starting a “Mackenzie Thread” on the forum to talk about other things – like farming, which you have alluded to? I know that you have turned down the option of contributing to SD in a more formal manner (if I interpreted a conversation from a few days ago correctly), but in a less formal way, would this be something you could consider?

        I believe we are living in uniquely interesting times. There is so much to learn about so many things and learning from people who have had their ‘boots on the ground’ so to speak, is an opportunity which I can’t pass up should it be possible to do so.

        Thank you for your time. My very best wishes go out to you and to yours.

      • @enquiring_mind

        Agreed on SD, it is a privilege to be able to discuss, share and enjoy this site – thanks to all who make this happen.

        Bit of an interesting start, but also understandable.

        Of the belief it would be beneficial here to explore the interest(s) you have expressed  and see what develops.

        So consider me down, although I’m going to suggest we use your Nic “Enquiring Mind” – it absolutely fits the thread’s origin and purpose :~)

        Best to you and yours,

        FJ

         

         

      • @AGXIIX

         

        Alas, Brother AG, we cannot time the markets except by the stroke of luck.  As we have all read and discussed many times, the collapse will sneak up on us all very slowly and then will pounce very quickly.  When it does, we will either have PMs in hand or we will not.  As for myself, I will get some additional fiat from my local bank to hold in hand.  I will also continue to buy PMs at times.  Next week looks like one of those times.  Silver, I think.  Yes, shiny glowing beautiful silver.  :-)

         

      • JMac  Golden Ballon?   That skinny  lady floating in midair?  I’d like to add the Basque version of Jai Aali.  Let’s add a pelota to the mix and see who blinks first.

        Airs above the ground, dogs bedding down with cats,  the world is coming to a sticky end.   I am long on umbrellas

      • S

        o much for This may or may not come as surprise to you AGX, but the PM Complex has the “appearance” of heading lower, I have expressed my concerns and see no reason to make adjustments. Batten it down and

        Golden Balloon, in my humble opinion – My tongue says sangria by my heart says michelada.

        By now even the Hoi Poloi must have figured out that things in our managed economic sphere have not settled down – but again, too little, too late. Equity exchanges in the post-industrial world vacillate from -3.5% to a +3.5% intra-week, in a matter of days actually. Algo driven volatility, suicidal bankers and wellbutrin are back. Mass psychology and it’s attendant herding is well under way.

        “Data” – simply the pantomime of usual nonsense from the usual suspects and alas for once we can confidentially bemoan the United States is not the pig most likely to be butchered first, no a great many pigs will face an attempted forced servitude in the form of economic enslavement – see emerging markets.

        The DX has risen and the impending higher rates will assure export jobs all but implode as can be seen in the cost of higher prices and reduced competition. Of course this be virtually ignored by our Bolshevik media. Much like the exit from Afghanistan, a doubling of exports under the golfer in chief is a skit on SNL… The masses gleam gasoline under $3 as an important benefit, although they are driving to fewer jobs – 96.2 million Americans are not driving much at all…

        There are there very important steps being executed at present:

        1. An end to Quantitative Easing – the Free Lunch for too Big to Fails is changing, morphing ahead of the post modern Greenspan – Productivity Miracle (a mirage actually) and Bernanke money for nothing but TBTF’s contraction(s).

        2. A far Stronger Dollar – Many have vastly under-estimated the DX, a great many “Advisors” have been made to appear as though the lunatic fringe ate their donuts and proceeded to turn their sheep into mindless drones, ripe for the offing.

        3. An increase in the Cost of borrowing and a contraction of global Liquidity beyond QE – the Global Balloons are being pierced with increasing frequency, the Emerging Markets will be our best leading indicator (Peru’s Silver hoarding is an absolute indicator)

        The debts accumulated from the prior crisis are due to be rolled over.

        Argentina has already signaled just how well this is proceeding, it will be their third disaster in 12 years and make no mistake, this one will be far more devastating. Pick a place in the emerging markets, then chose an adjective, then a noun… you ‘ll find you’ve accurately guessed the condition.

        The increased costs of servicing increased debts.

        You see, Banks benefit from higher rates in this environment. And make no mistake, this is entirely about the Banks. We have been left for dead.

        And with mass psychology built upon the shifting sands  – built on the effects and consequences of the higher numbers, growth for one and all…

        Well AGX, the illusion’s end will not be pretty and seditionistas’ of the GOLD/SILVER kind will be punished FIRSTLY for having been correct.

        Noting much has changed int eh past week and it more than likely will not for the foreseeable future, but then what’s the hurry?

        Please do not disparage me for – a cut and paste as necessary,

         

         

         

         

         

      • So much for – this may or may not come as surprise to you AGX, but the PM Complex has the “appearance” of heading lower, I have expressed my concerns and see no reason to make adjustments. Batten it down and

        Golden Balloon, in my humble opinion – My tongue says sangria by my heart says michelada.

        By now even the Hoi Poloi must have figured out that things in our managed economic sphere have not settled down – but again, too little, too late. Equity exchanges in the post-industrial world vacillate from -3.5% to a +3.5% intra-week, in a matter of days actually. Algo driven volatility, suicidal bankers and wellbutrin are back. Mass psychology and it’s attendant herding is well under way.

        “Data” – simply the pantomime of usual nonsense from the usual suspects and alas for once we can confidentially bemoan the United States is not the pig most likely to be butchered first, no a great many pigs will face an attempted forced servitude in the form of economic enslavement – see emerging markets.

        The DX has risen and the impending higher rates will assure export jobs all but implode as can be seen in the cost of higher prices and reduced competition. Of course this be virtually ignored by our Bolshevik media. Much like the exit from Afghanistan, a doubling of exports under the golfer in chief is a skit on SNL… The masses gleam gasoline under $3 as an important benefit, although they are driving to fewer jobs – 96.2 million Americans are not driving much at all…

        There are there very important steps being executed at present:

        1. An end to Quantitative Easing – the Free Lunch for too Big to Fails is changing, morphing ahead of the post modern Greenspan – Productivity Miracle (a mirage actually) and Bernanke money for nothing but TBTF’s contraction(s).

        2. A far Stronger Dollar – Many have vastly under-estimated the DX, a great many “Advisors” have been made to appear as though the lunatic fringe ate their donuts and proceeded to turn their sheep into mindless drones, ripe for the offing.

        3. An increase in the Cost of borrowing and a contraction of global Liquidity beyond QE – the Global Balloons are being pierced with increasing frequency, the Emerging Markets will be our best leading indicator (Peru’s Silver hoarding is an absolute indicator)

        The debts accumulated from the prior crisis are due to be rolled over.

        Argentina has already signaled just how well this is proceeding, it will be their third disaster in 12 years and make no mistake, this one will be far more devastating. Pick a place in the emerging markets, then chose an adjective, then a noun… you ‘ll find you’ve accurately guessed the condition.

        The increased costs of servicing increased debts.

        You see, Banks benefit from higher rates in this environment. And make no mistake, this is entirely about the Banks. We have been left for dead.

        And with mass psychology built upon the shifting sands  – built on the effects and consequences of the higher numbers, growth for one and all…

        Well AGX, the illusion’s end will not be pretty and seditionistas’ of the GOLD/SILVER kind will be punished FIRSTLY for having been correct.

        Noting much has changed int eh past week and it more than likely will not for the foreseeable future, but then what’s the hurry?

        Please do not disparage me for – a cut and paste as necessary,

         

         

         

         

         

      • So much for – this may or may not come as surprise to you AGX, but the PM Complex has the “appearance” of heading lower, I have expressed my concerns and see no reason to make adjustments. Batten it down and view liquidities demise. Growth is over.

        Golden Balloon, in my humble opinion – My tongue says sangria by my heart says michelada.

        By now even the Hoi Poloi must have figured out that things in our managed economic sphere have not settled down – but again, too little, too late. Equity exchanges in the post-industrial world vacillate from -3.5% to a +3.5% intra-week, in a matter of days actually. Algo driven volatility, suicidal bankers and wellbutrin are back. Mass psychology and it’s attendant herding is well under way.

        “Data” – simply the pantomime of usual nonsense from the usual suspects and alas for once we can confidentially bemoan the United States is not the pig most likely to be butchered first, no a great many pigs will face an attempted forced servitude in the form of economic enslavement – see emerging markets.

        The DX has risen and the impending higher rates will assure export jobs all but implode as can be seen in the cost of higher prices and reduced competition. Of course this be virtually ignored by our Bolshevik media. Much like the exit from Afghanistan, a doubling of exports under the golfer in chief is a skit on SNL… The masses gleam gasoline under $3 as an important benefit, although they are driving to fewer jobs – 96.2 million Americans are not driving much at all…

        There are there very important steps being executed at present:

        1. An end to Quantitative Easing – the Free Lunch for too Big to Fails is changing, morphing ahead of the post modern Greenspan – Productivity Miracle (a mirage actually) and Bernanke money for nothing but TBTF’s contraction(s).

        2. A far Stronger Dollar – Many have vastly under-estimated the DX, a great many “Advisors” have been made to appear as though the lunatic fringe ate their donuts and proceeded to turn their sheep into mindless drones, ripe for the offing.

        3. An increase in the Cost of borrowing and a contraction of global Liquidity beyond QE – the Global Balloons are being pierced with increasing frequency, the Emerging Markets will be our best leading indicator (Peru’s Silver hoarding is an absolute indicator)

        The debts accumulated from the prior crisis are due to be rolled over.

        Argentina has already signaled just how well this is proceeding, it will be their third disaster in 12 years and make no mistake, this one will be far more devastating. Pick a place in the emerging markets, then chose an adjective, then a noun… you ‘ll find you’ve accurately guessed the condition.

        The increased costs of servicing increased debts.

        You see, Banks benefit from higher rates in this environment. And make no mistake, this is entirely about the Banks. We have been left for dead.

        And with mass psychology built upon the shifting sands  – built on the effects and consequences of the higher numbers, growth for one and all…

        Well AGX, the illusion’s end will not be pretty and seditionistas’ of the GOLD/SILVER kind will be punished FIRSTLY for having been correct.

        Noting much has changed int eh past week and it more than likely will not for the foreseeable future, but then what’s the hurry?

        Please do not disparage me for – a cut and paste as necessary,

         

         

         

         

         

      • So much for – this may or may not come as surprise to you AGX, but the PM Complex has the “appearance” of heading lower, I have expressed my concerns and see no reason to make adjustments. Batten it down and view liquidities demise. Growth is over.

        Golden Balloon, in my humble opinion – My tongue says sangria by my heart says michelada.

        By now even the Hoi Poloi must have figured out that things in our managed economic sphere have not settled down – but again, too little, too late. Equity exchanges in the post-industrial world vacillate from -3.5% to a +3.5% intra-week, in a matter of days actually. Algo driven volatility, suicidal bankers and wellbutrin are back. Mass psychology and it’s attendant herding is well under way.

        “Data” – simply the pantomime of usual nonsense from the usual suspects and alas for once we can confidentially bemoan the United States is not the pig most likely to be butchered first, no a great many pigs will face an attempted forced servitude in the form of economic enslavement – see emerging markets.

        The DX has risen and the impending higher rates will assure export jobs all but implode as can be seen in the cost of higher prices and reduced competition. Of course this be virtually ignored by our Bolshevik media. Much like the exit from Afghanistan, a doubling of exports under the golfer in chief is a skit on SNL… The masses gleam gasoline under $3 as an important benefit, although they are driving to fewer jobs – 96.2 million Americans are not driving much at all…

        There are several important steps being executed at present:

        1. An end to Quantitative Easing – the Free Lunch for too Big to Fails is changing, morphing ahead of the post modern Greenspan – Productivity Miracle (a mirage actually) and Bernanke money for nothing but TBTF’s contraction(s).

        2. A far Stronger Dollar – Many have vastly under-estimated the DX, a great many “Advisors” have been made to appear as though the lunatic fringe ate their donuts and proceeded to turn their sheep into mindless drones, ripe for the offing.

        3. An increase in the Cost of borrowing and a contraction of global Liquidity beyond QE – the Global Balloons are being pierced with increasing frequency, the Emerging Markets will be our best leading indicator (Peru’s Silver hoarding is an absolute indicator)

        The debts accumulated from the prior crisis are due to be rolled over.

        Argentina has already signaled just how well this is proceeding, it will be their third disaster in 12 years and make no mistake, this one will be far more devastating. Pick a place in the emerging markets, then chose an adjective, then a noun… you ‘ll find you’ve accurately guessed the condition.

        The increased costs of servicing increased debts.

        You see, Banks benefit from higher rates in this environment. And make no mistake, this is entirely about the Banks. We have been left for dead.

        And with mass psychology built upon the shifting sands  – built on the effects and consequences of the higher numbers, growth for one and all…

        Well AGX, the illusion’s end will not be pretty and seditionistas’ of the GOLD/SILVER kind will be punished FIRSTLY for having been correct.

        Noting much has changed int eh past week and it more than likely will not for the foreseeable future, but then what’s the hurry?

        Please do not disparage me for – a cut and paste as necessary,

         

         

         

         

         

    • BRICS exports are in a rapid state of decline. EM’s are screwed.

      This Macro Event, accompanied by local/regional currency failings (See Argentina) as a consequence of diminished export activity and as well as any pretense of DX denominated credit worthiness for BRICS during a tightening of FED Funds rate environment…

      These events all conspire to make the probability of the  the U.S. dollar relinquishing its Seniorage any between now and January appear increasingly miniscule.

      In the present, clean sweep of the Board environment, one must clearly protect themselves, this applies to individuals as well as Sovereigns – and who is best positioned to protect themselves?

      That, for me is the Mutli-Trillion Dollar question.

      Answers abound…

    • BRICS exports are in a rapid state of decline. EM’s are screwed.

      This Macro Event, accompanied by local/regional currency failings (See Argentina) as a consequence of diminished export activity and as well as any pretense of DX denominated credit worthiness for BRICS during a tightening of FED Funds rate environment…

      These events all conspire to make the probability of the  the U.S. Dollar relinquishing its Seniorage between now and January appear increasingly miniscule, I believe people vastly under-estiamte the timing and time required for this to occur. Merely look at the DX position as of today… it will take an event to further impact the process, for now it seems as though the sucking sounds are just beginning – and for the short run, it may well provide the DX and Banks with some life, for now…

      In the present, clean sweep of the Board environment, one must clearly protect themselves, this applies to individuals as well as Sovereigns – and who is best positioned to protect themselves?

      That, for me is the Mutli-Trillion Dollar question.

      Answers abound…

    • Russian scientists are working on three potential Ebola vaccines which they expect to introduce as soon as in the next six months. One of the vaccines is “already ready for clinical trials,” Russia’s health minister Veronika Skvortsova has announced.

      “We have created three vaccines,” Skvortsova announced in an interview with Rossiya-1 TV. “One vaccine is based on a strain of Ebola, and the other two have been created by means of genetic engineering.”

      Russian virologists have also created an anti-virus drug that, they believe, could be successfully used for treating Ebola as tests have showed that that it is effective in curing Ebola-related diseases.

      So far, there is now no licensed treatment or vaccine for the highly contagious disease that has killed over 4,000 people in western Africa since the start of the year and has recently started spreading beyond the region.

      Ebola: Evolution of an epidemic (INTERACTIVE MAP)

      Now several countries are trying to develop an effective treatment.

      The first-ever human trials for an Ebola vaccine started in Mali earlier this week. On October 8, the first health worker received the drug. Over the course of the trial, which is being organized by the University of Maryland and Mali’s Health Ministry, a total of 40 volunteers will be given the vaccine.

      In Russia it’s impossible to contract the Ebola virus, Skvortsova said, adding that the country has still implemented a protection plan against the virus, which it stepped up in July.

      “We are now carrying out a sanitary inspection of 7,500 flights per month, which is almost half a million people,” she said. “Everybody coming from West Africa is under special control, especially 450 students who study in Russian universities. Sixteen of them had viral illnesses and were hospitalized, but they were not relevant to the [virus].”

      Skvortsova said that 71 of Russia’s airports have upgraded their security and now have thermal cameras to detect the first signs of the virus.

      “Both portable and stationary thermal scanners are being used at many airports, and we are monitoring all direct and indirect flights that arrive,” she said.

      Texas health care worker tests positive for Ebola

      As of Oct. 8, a total 4,033 people have died, out of a total of 8,399 registered cases in seven countries, the World Health Organization (WHO) said. For now, Liberia is the worst-hit of all the affected countries, with 4,076 cases and 2,316 deaths. It is followed by Sierra Leone, where there are 2,950 cases and 930 deaths.

      Despite all international efforts to combat the disease, the WHO said that Ebola’s spread is “entrenched” and “accelerating.”

      “The disease is entrenched in the [countries’] capitals, 70 percent of the people affected are definitely dying from this disease, and it is accelerating in almost all of the settings,” WHO deputy head Bruce Aylward said on Friday.

      5.6K

    • Nigerian Surge
      Nigeria’s production climbed 380,000 barrels a day to 2.3 million in August, the most since January 2006. It was the biggest one-month gain in data going back to 1989. Output is often disrupted by unrest in the Niger River delta, the country’s main oil-producing region, leading companies to declare force majeure, a legal step that protects them from liability when they can’t fulfill a contract for reasons beyond their control

    • AN ESTIMATED 65% OF THE WORLD’S DIAMONDS COME FROM AFRICAN COUNTRIES.

      The majority of today’s diamonds are sourced from Africa, Canada, Russia, Australia and South America. When measured by value, Botswana is the biggest producer of diamonds in the world. Other African countries that produce diamonds and are Kimberley Process compliant include:

      Angola
      Central African Republic
      Democratic Republic of Congo
      Namibia
      Tanzania
      Sierra Leone
      South Africa

      <!—->Countries such as Angola, Sierra Leone and Liberia rely on diamonds, as a major natural resource, to benefit their populations. In these countries, the revenues from diamonds play a pivotal role in helping to build hospitals, provide education and build infrastructure. Revenues from diamonds from some African countries are also being used in their fight against HIV/AIDS.

      Revenue from diamonds has an increased importance in helping previously war-torn countries establish economic stability. Countries such as Angola, Sierra Leone and Liberia are now at peace and starting to use revenues from rough diamond exports to rebuild their economies and infrastructures.
      previous | next

      More Facts

    • American troops deploying to West Africa to battle the Ebola virus receive only four hours of training before heading overseas, a report says.

      The US Army Medical Research Institute of Infectious Diseases (USAMRIID) has been instructing soldiers at Fort Campbell and Fort Bragg on Ebola protocols, The Daily Beast reports.

      A team of two can train as many as 50 soldiers over a four-hour time frame, USAMRIID told the online magazine.

      The first 500 soldiers arriving in Liberia have been staying in hotels and government facilities while the US military sets up official bases on the ground, the report said. Civilians are also staying at the hotels.

      According to USA Today, US troops are told that the Ebola virus “basically causes your body to eat itself from the inside out” and that “the environment we’re going into is drastically different [from Afghanistan]… the stuff that can kill you is much worse.”

      President Barack Obama has authorized the Pentagon to deploy National Guard and reserve forces to West Africa to fight the spread of the deadly disease. Under the president’s order, over 4,000 American troops could be sent to West Africa.

      The US military commander in Liberia, Maj. Gen. Darryl Williams, has said only specially-trained troops would come in direct contact with the virus.

      He insisted that the likelihood of US soldiers contracting the virus is minimal.”I’m not an epidemiologist, but it’s been shown that this disease is most manifest when handling bodily fluid — blood, other sorts of fluids, and there is no plan right now for US soldiers, sailors, airmen and Marines to do that.”

      The Pentagon estimates that operations in West Africa could last a year or more.

      So far three cases of Ebola have been diagnosed in the United States and dozens of people are being monitored.

      On Saturday, Obama urged Americans not to give in to “hysteria” about the spread of the deadly virus.

      The latest outbreak has taken more than 4,500 lives, most of them in the West African countries of Liberia, Sierra Leone and Guinea.

      HRJ/HRJ

       
       0 0

       

      • American troops deploying to West Africa to battle the Ebola virus receive only four hours of training before heading overseas, a report says.”

        These are the majority of the 4000 troops being deployed. They need to recognize and know how to avoid being infected even though these people are not expected to be interacting with the general populace. Would you? They will be building new treatment areas but not working in them.

        “…. only specially-trained troops would come in direct contact with the virus.”

        This is medical staff … they have been given much more training and are completely aware of the danger. While I don’t mind the US giving assistance by setting up treatment centers etc., I don’t think this mission is appropriate for either set of troops unless they volunteer.

         

         

         

      • American troops deploying to West Africa to battle the Ebola virus receive only four hours of training before heading overseas,…”

        These are the majority of the 4000 troops being deployed. They need to be able to recognize and know how to avoid being infected even though these people are not expected to be interacting with the general populace. Would you? They will be building new treatment areas but not working in them.

        “…. only specially-trained troops would come in direct contact with the virus.”

        This is medical staff … they have been given much more training and are completely aware of the danger. While I don’t mind the US giving assistance by setting up treatment centers etc., I don’t think this mission is appropriate for either set of troops unless they have volunteered for it.

         

         

         

      • Just to fuel the anti sem itic nut jobs, it is fascinating to note that Israeli diamond dealers have the medium diamond market essentially cornered, with their only real competition being the Belgian diamond cartel (Dutch are pretty active too but not as much).

         

        Ok Jew-haters, have a field day with that one lol.

      • Just to fuel the anti sem itic nut jobs, it is fascinating to note that Israeli diamond dealers have the medium diamond market essentially cornered, with their only real competition being the Belgian diamond cartel.

         

        Ok Jew-haters, have a field day with that one lol.

      • @Proverbs1616

        first, I have been around since at least 2010 and I am not the type that talks a lot but reading your comments makes me see red and I just had to say something. And since you try to  twist any debate on a PM’s site into a debate about how good Izrael and the jews are and how bad Russia and Putin is, it is really hard to believe that you are  not just a Zionist shill trying to spread Izrael’s propaganda.

        Second , as you say , most Orthodox Jews(they are hated in Izrael and very few of them actually left) that You know and have met won’t even look at and acknowledge a Gentle girl, are NOT Zionists, do NOT agree with the existence of the current state of Izrael and how it was created. All because, the orthodox Jews go by the original  Torah , not the “modern” version of Talmud.

        Talmud originated from the ancient Cabal occult and Pharisee sects.  The Synogogue of Satan. Talmud Jews have been behind every major war and mass murder since the beginning of time. Stalin, Lenin, Hitler and yes you guessed it, even the holocaust, for the purpose of creation of the state of Izrael. You are correct that those verses are from Talmud and my wild guess is that you know very well what Talmud is about, that it strongly promotes phedophilia, gays, non jews being animals and much more.   Also you  know that the rest of the world has pretty much zero idea about Talmud since it wasn’t until recently published in other languages then Hebrew .

        Third , you must be aware of calling somebody anti semitic for not liking jews,  is a pure nonsense, because most semites are actually Arabs and not jews. But hey, this is America , land of propaganda, illusions and dreams so if you say it long and often enough, it will become the truth.

        It is interesting that typing christian with small “c” is ok but try to type jew with small “j” and you will get a spelling error . I thought jew was a religion or is it an origin ?? aaaah those jews, never show the world the reality, only illusions , guess who is America after …..  Debt is wealth .

        Cheers

        P.S.

        try to give a jewish girl an oral sex, she will die for you and love you for ever , as again it is prohibited by Talmud for the man to do it but is perfectly good for the jewish man to receive a head from a woman , jewish or not. And a zionist jew will screw what ever has a hole , it does not even need to have a pulse. that is a FACT.

         

         

         

      • @Proverbs

        Is there not enough hate in the world?

         

        Why do you persist in fueling it?

        At what point does one decide to embrace their fellow man and recognize for all intents and purposes – we are all slaves to not only our hate, but far more.

        I am certain there is a forum for this… elsewhere.

        305 proverbs… and not one that subjects hatred, abuse and mis-use.

         

    • kimberlite ,Oil and  Ebloa  all found in the same area?

      • Oil and Kimberlite deposits are rarely found together in significant quantities. Where they do exist one is dominant and the other miniscule in scale ….. the geology is not congruent.

      • Observing your note above re: Nigeria ….. it is no where near Liberia other than both being in western Africa. Think several countries over (~1000 miles).

    • Listing to this podcast I could hear the wearines in Chris’s voice. This guy been in the trenches up on the front lines for how many years? Its a hard fought battle with little ground covered. Still marching on!

      • I met Chris Powell in the 1990’s at the Cambridge House Conferences in Vancouver, BC. He and Bill Murphy formed GATA there in 1998 I think. They were on to JPM and Goldman Sachs (among others), nefarious activities in the PM market way back then. He is indeed a warrior and a true patriot. A great guy too.

      • Ditto that Bay of P…Met Chris Powell at a conference.  Solid.  Knows his stuff.

      • Chris does not deserve to be beaten up here. He is due immense gratitude and appreciation for having waged a war for 15 years against the very interests conspiring against us.

        I do not support GATA, but attacking Chris as a “simpleton” is an extreme lack of consideration for an exceptionally thoughtful, kind, genuine as well as highly intelligent human being.

        99% of these comments would never be made in face to face discussion.

        It is a frankly pathetic state of affairs when people lower themselves to de-basing character via a keyboard.

        Grow [*** ****] up and realize, if you cannot come together as a contrarian community without assassinating one another, how in the hell are you going to survive Karmageddon without getting your teeth knocked out.

        Absurd.

    • “Eli, Eli, lama sabachthani?” that is, “My God, My God, why hast Thou forsaken Me?”

       

      It is these words  our Brother sweated drops of blood for the fear they would even enter into His mind and by these very words coming from his mouth He  became naked/sin, we are all { bar a few }  wretched, and miserable, and poor, and blind, and naked at present even if we can not see it ………………………………………………………………………………………………………………..

    • “Eli, Eli, lama sabachthani?” that is, “My God, My God, why hast Thou forsaken Me?”

       

      It is these words  our Brother sweated drops of blood for the fear they would even enter into His mind and by these very words coming from his mouth He  became naked/sin, we are all { bar a few }  wretched, and miserable, and poor, and blind, and naked,  even if we can not see it ………………………………………………………………………………………………………………..

    • Since there are no free markets, one could assume that a non-free market agreement between China and the U.S. would allow a gradual, not sudden take-down of the U.S. economy.  A U.S. crash would be counterproductive to the Chinese et al.  Optimistically, once our economy is wage competitive, we will be re-industrialized and enter the age of robots and non-human intelligence.  Then, in reference to Steinbeck, we will all become Lenny.

    • @trejin and Ed_B

      Wow. That’s a lot of silver trejin. But keep on.  My LCS has tended to not put out silver at these prices (for mot people) but it’s still available although I’ve noticed a little premium increase.

      Ed, the fish are there but not jumping at the moment. They’ll start that about the time I’ll grilling the steaks.

      • @Ed_B

        I have moved about 70% ( 6 figures ) of my stack to Singapore about 7 months ago through gold money and then to a private vault in my name only, biometric, 2 keys in my possession only. It was a hard decision because I had to sell physical here , wire the money and buy it there. Was wiring in $30K increments through Chase and another local Bank, to be less suspicious  and had no problem with that other then stupid questions from the bank employees as to why and what for. One comment that stood up was  at the local bank , the lady went to ask her boss about international wires and she asked the following ” we are STILL doing international wires, right ?”.

        That question convinced me that I am making the right decision and since I already have several passports it was an easy one at that point.

        Anyways , ever since then I am restocking here in the US as there is no doubt in my mind that it is the right thing to do, the only option, after shelter, food and protection.

        For everybody that is down in dollar terms, I have been buying silver for ever as I come from eastern Europe, I bought for $5 and I bought for $48. I never even had a thought about not doing it , it just became natural and after years, I am still thrilled every other Friday, when I order online or pick up at LCS. I look at it this way, they deposit digits ( O value ) in your bank account, I withdraw paper ( value is few cents ) and for that I get real Value. Was lucky enough that so far never had to sell any, and understand when people must sell and are pissed at those prices. I guess the only advice is, better budgeting . But I believe that everybody with a common sense of self preservation and an average IQ will want to save in PM’s as quite frankly, when you think about it for 2 seconds, there is NO other form of savings.

        cheers and good luck to all

         

      • sorry it was for @2 Oz but I guess ED_B is alright as well .

      • @2 OZ.

         

        OK, good enough.  Gotta have a place to wet a line in an ideal situation and yours sounds great.  :-)

         

      • @Trejin

         

        “sorry it was for @2 Oz but I guess ED_B is alright as well .”

         

        Yep, you bet it is.  :-)

         

        Very gutsy move on your part putting such a large amount of money so far away.  There are times when I think that would be good and other times when I wonder whether or not I could get to it at need.  I can see multiple scenarios wherein it does or doesn’t work.  Not knowing the future makes such things a tough choice.  What matters is whether or not it works for you.  If so, then I am happy for you and wish you the absolute best of luck with that.

         

        As for me, I will keep my stack near enough that I can watch over it.  If it is well hidden, it should be fine.  They can’t steal what they can’t find.  :-)

         

        “One comment that stood up was  at the local bank , the lady went to ask her boss about international wires and she asked the following ” we are STILL doing international wires, right ?”.”

         

        Yes, that sure does stand out, alright.  Makes me think that there will soon be a time when this is not done anymore.  Of course, they have reported these transfers to the IRS, since they exceed the $10k amount at which reporting becomes mandatory.  There are forms that one must fill out for assets held off-shore.  Not sure if there is a limit for that or not but seem to recall that there was a $50k limit on that for reporting purposes.  Below that, no reporting.  But this would need to be checked as I didn’t pay a lot of attention to the article I was reading on this point.  I have no assets outside the US and was not planning to have any, so the other facets of the article were of more interest to me.

         

        I know what you mean about being thrilled about receiving a silver shipment.  Same here.  The weight of the box in hand, the anticipation of opening it slowly, and the magnificent look of shiny silver coins when it is finally opened is… intoxicating.  😀

         

        “But I believe that everybody with a common sense of self preservation and an average IQ will want to save in PM’s as quite frankly, when you think about it for 2 seconds, there is NO other form of savings.”

         

        Agreed!  Gold and silver are where it’s at in terms of real money that has been tested by time… thousands of years!  Unlike paper, gold and silver do not rot, aren’t eaten by insects, can be melted by fire but still not lost as would be paper wealth, and are diminishing resources that will only get more and more expensive to create in the future.

         

        “cheers and good luck to all”

         

        And to you as well, friend.

         

      • ” I know what you mean about being thrilled about receiving a silver shipment.  Same here.  The weight of the box in hand, the anticipation of opening it slowly, and the magnificent look of shiny silver coins when it is finally opened is… intoxicating”

         

        DDo get a hold of yourself sir …………………………………………..

      • “I know what you mean about being thrilled about receiving a silver shipment.  Same here.  The weight of the box in hand, the anticipation of opening it slowly, and the magnificent look of shiny silver coins when it is finally opened is… intoxicating”

         

        Dear oh dear !!! do get a hold of yourself sir …………………………………………………..

      • @ED_B

        Believe me, it was not an easy decision, to move the metal so far away, but coming from eastern Europe, where PM’s were virtually value less for 40 years ( you could have them, but were unable to sell them at a world market price, you could sell them to a jeweler but for a fraction of what it was selling for in the west and since the boarders to the west were closed, PM’s were made pretty much useless inside those countries. ), I am very much afraid that the same might happen here. Americans have zero idea what it means when a boarder is closed, but when it happens, the government can do pretty much anything they want inside that country and there is no escape. And with today’s technologies, it will be much, much easier for the government to seal the boarders and then crack down on the people.

        As far as reporting to the IRS, one of the few things you are NOT required to report is PM’s in your own possession, which applies to a private storage in your name.

        I went even a step further and have the storage in my second name, not associated with any SS number( courtesy of the French Foreign Legion ). I understand that my circumstances are unique and figured that it will be easier to get out of here and unite with my metals on the other side of the world, rather then have them locked up in one giant prison. I hope I am wrong as I do have a life here, built my own log home on few acres, private water well, 1000 gal propane tank , plenty of food and wood . 40 miles from Seattle up on a mountain and zero debt. And that is also why I keep restocking my PM’s here .

        cheers

         

      • @ED_B

        Believe me, it was not an easy decision, to move the metal so far away, but coming from eastern Europe, where PM’s were virtually value less for 40 years ( you could have them, but were unable to sell them at a world market price, you could sell them to a jeweler but for a fraction of what it was selling for in the west and since the boarders to the west were closed, PM’s were made pretty much useless inside those countries. ), I am very much afraid that the same might happen here. Americans have zero idea what it means when a boarder is closed, but when it happens, the government can do pretty much anything they want inside that country and there is no escape. And with today’s technologies, it will be much, much easier for the government to seal the boarders and then crack down on the people.

        As far as reporting to the IRS, one of the few things you are NOT required to report is PM’s in your own possession, which applies to a private storage in your name.

        I went even a step further and have the storage in my second name, not associated with any SS number( courtesy of the French Foreign Legion ). I understand that my circumstances are unique and figured that it will be easier to get out of here and unite with my metals on the other side of the world, rather then have them locked up in one giant prison. I hope I am wrong as I do have a life here, built my own log home on few acres, private water well, 1000 gal propane tank , plenty of food , wood and protection . 40 miles from Seattle up on a mountain and zero debt. And that is also why I keep restocking my PM’s here . I still have a HOPE.

        cheers

         

      • @Trejin

         

        “Believe me, it was not an easy decision, to move the metal so far away…”

         

        Yes, I do believe that.  I have considered several times doing what you have done but never could find a clear case for doing it.  Each time I considered it, I could find just as many reasons why it was not a good idea as I could reason why it was a good idea.  In such cases, it is hard to do something of that importance with no clear reason that was superior to what I am now doing.

         

        “Americans have zero idea what it means when a boarder is closed, but when it happens, the government can do pretty much anything they want inside that country and there is no escape. And with today’s technologies, it will be much, much easier for the government to seal the boarders and then crack down on the people.”

         

        I agree with that for the most part but… cracking down on 150 million armed citizens is something that any government will have to have some very serious 2nd thoughts about doing.  Many of us are aware that if there is an attempt to seize our personal firearms, we cannot allow that to happen.  If it does, then we will be defenseless and we cannot allow that either.  Yes, such a conflict would be very destructive and bloody but when tyrants seek absolute control where they have no right whatever to it, such is often the result.  At that point, the US military and police forces will have to choose where their loyalties lie… with a tyrannical government or with the freedom-loving citizens.  Not even the Russian military wanted to jump in and defend the communist government against the will of the Russian people.  As an American, I cannot think less of our own people than I do of the Russians.

         

        “As far as reporting to the IRS, one of the few things you are NOT required to report is PM’s in your own possession, which applies to a private storage in your name.”

         

        Excellent.  Thanks for this info, as it is important.

         

        “I went even a step further and have the storage in my second name, not associated with any SS number( courtesy of the French Foreign Legion ). I understand that my circumstances are unique and figured that it will be easier to get out of here and unite with my metals on the other side of the world, rather then have them locked up in one giant prison.”

         

        Your caution in this does you great credit.  Obviously, you have given this a great deal of thought, made a good plan, and have implemented it carefully.  Well done!

         

        “I hope I am wrong as I do have a life here, built my own log home on few acres, private water well, 1000 gal propane tank , plenty of food , wood and protection . 40 miles from Seattle up on a mountain and zero debt. And that is also why I keep restocking my PM’s here . I still have a HOPE.

         

        That’s good.  Hope is necessary during hard times and it will help us to get through them.  I also live in WA state, in Clark County, so am about 150 miles south of Seattle.  I have been looking at some land that is in the Morton to Packwood area.  Some of it is very remote but well forested, has plenty of good water, has good hunting and fishing close by, and has good land for crops and animals as well. The remote areas are cheap but can be difficult to access.  Still, during a SHTF scenario such a place would be virtually ideal.   My wife is less than enthusiastic, however, so that’s one challenge… Hmmm… maybe a fishing / bug-out cabin or 5th wheel would work for us?  It might if we could get up there with it.  :-)

         

      • @Trejin

         

        “Believe me, it was not an easy decision, to move the metal so far away…”

         

        Yes, I do believe that.  I have considered several times doing what you have done but never could find a clear case for doing it.  Each time I considered it, I could find just as many reasons why it was not a good idea as I could reason why it was a good idea.  In such cases, it is hard to do something of that importance with no clear reason that was superior to what I am now doing.

         

        “Americans have zero idea what it means when a boarder is closed, but when it happens, the government can do pretty much anything they want inside that country and there is no escape. And with today’s technologies, it will be much, much easier for the government to seal the boarders and then crack down on the people.”

         

        I agree with that for the most part but… cracking down on 150 million armed citizens is something that any government will have to have some very serious 2nd thoughts about doing.  Many of us are aware that if there is an attempt to seize our personal firearms, we cannot allow that to happen.  If it does, then we will be defenseless and we cannot allow that either.  Yes, such a conflict would be very destructive and bloody but when tyrants seek absolute control where they have no right whatever to it, such is often the result.  At that point, the US military and police forces will have to choose where their loyalties lie… with a tyrannical government or with the freedom-loving citizens.  Not even the Russian military wanted to jump in and defend the communist government against the will of the Russian people.  As an American, I cannot think less of our own people than I do of the Russians.

         

        “As far as reporting to the IRS, one of the few things you are NOT required to report is PM’s in your own possession, which applies to a private storage in your name.”

         

        Excellent.  Thanks for this info, as it is important.

         

        “I went even a step further and have the storage in my second name, not associated with any SS number( courtesy of the French Foreign Legion ). I understand that my circumstances are unique and figured that it will be easier to get out of here and unite with my metals on the other side of the world, rather then have them locked up in one giant prison.”

         

        Your caution in this does you great credit.  Obviously, you have given this a great deal of thought, made a good plan, and have implemented it carefully.  Well done!

         

        “I hope I am wrong as I do have a life here, built my own log home on few acres, private water well, 1000 gal propane tank , plenty of food , wood and protection . 40 miles from Seattle up on a mountain and zero debt. And that is also why I keep restocking my PM’s here . I still have a HOPE.

         

        That’s good.  Hope is necessary during hard times and it will help us to get through them.  I also live in WA state, in Clark County, so am about 150 miles south of Seattle.  I have been looking at some land that is in the Morton to Packwood area.  Some of it is very remote but well forested, has plenty of good water, has good hunting and fishing close by, and has good land for crops and animals as well. The remote areas are cheap but can be difficult to access.  Still, during a SHTF scenario such a place would be virtually ideal.   My wife is less than enthusiastic, however, so that’s one challenge… Hmmm… maybe a fishing / bug-out cabin or 5th wheel would work for us?  It might if we could get up there with it.  :-)

         

    • Physical silver inventory last October on Shanghai gold exchange was down to about 15 tonnes, before recovering to almost 170 tonnes in only 4 months .

      Inventory of physical silver on Shanghai Futures exchange keeps going up as fast as it went down. As of 10/17/2014 it stands at over 103 tonnes, up over 8 tonnes since last week and well of the lows of 80something tonnes few weeks ago. WHERE IS ALL THE PHYSICAL SILVER COMING FROM ?

       

       

       

      SILVER
      Unit: Kg

      Area
      Warehouse
      Previous Week
      (On Warrant)
      This Week
      (On Warrant)
      Change

      Shanghai
      Zhongchu Wusong
      61604
      69929
      8325

      Sinotrans Eastern Hongqiao
      33203
      33203
      0

      Subtotal
      94807
      103132
      832

      • Yes indeed, I have repeatedly pointed out stocks of metals have been rising. It appears difficult for some to accept this as it flies in the face of what certain Precious Metals advisors are suggesting. The inconsistencies in their reporting are obvious as well as a high degree of confusion as to “process” on the COMEX as well as the 4 Zones of the FTZ SGE – contextually speaking the process of “Delivery” is highly confused, as are the mechanics and nomenclature of “processes” on both exchanges.

        It is vitally important investors understand the Facts, information should be near perfect (although everything is suspect in this regard) or as close to the semblance of reality as we may observe.

        US MInt sales are down again this year, they were down 15.1% in 2013/YOY.

        Silver – however is in tight supply here in US, although Mexico (the world’s largest producer) is providing the Mint with Silver under congressional approval, their net exports of Silver are down as production has slid along with price –  2103 @ $380Bn US. Run rates the fist one half of 2014 were down 7.8%. Utah’s mines collapse removed 27% of US production. I visited the site and in my estimation it will be at least another 10 to 14 months of digout. The scale of this collapse is something to see… enormous.

        Regardless of all the facts and figures (which are frankly wholly untrustworthy) – the view form 30,000 feet is a Global, highly coordinated, contraction in Liquidity… this will have an impact upon many prices, including precious metals.

        Patience and keen observance of money flows will determine the ST/IT landscape.

        In my humble opinion there is far too much speculation at a time when we should be listening and not speculating by any measure, there is far too much “noise” and analysis has proven to be challenged at every turn. The “others” will reveal their intent quite soon and only then will we have an indication as to “price” direction. Suggesting there is a market…well one needs to redefine and qualify “Market” ten different ways to China.

         

         

         

      • Yes indeed, I have repeatedly pointed out stocks of metals have been rising. It appears difficult for some to accept this as it flies in the face of what certain Precious Metals advisors are suggesting. The inconsistencies in their reporting are obvious as well as a high degree of confusion as to “process” on the COMEX as well as the 4 Zones of the FTZ SGE – contextually speaking the process of “Delivery” is highly confused, as are the mechanics and nomenclature of “processes” on both exchanges.

        It is vitally important investors understand the Facts, information should be near perfect (although everything is suspect in this regard) or as close to the semblance of reality as we may observe.

        US MInt sales are down again this year, they were down 15.1% in 2013/YOY.

        Silver – however is in tight supply here in US, although Mexico (the world’s largest producer) is providing the Mint with Silver under congressional approval, their net exports of Silver are down as production has slid along with price –  2103 @ $380Bn US. Run rates the fist one half of 2014 were down 7.8%. Utah’s mines collapse removed 27% of US production. I visited the site and in my estimation it will be at least another 10 to 14 months of digout. The scale of this collapse is something to see… enormous.

        Regardless of all the facts and figures (which are frankly wholly untrustworthy) – the view from 30,000 feet is a Global, highly coordinated, contraction in Liquidity… this will have an impact upon many prices, including precious metals.

        Patience and keen observance of money flows will determine the ST/IT landscape.

        In my humble opinion there is far too much speculation at a time when we should be listening and not speculating by any measure, there is far too much “noise” and analysis has proven to be challenged at every turn. The “others” will reveal their intent quite soon and only then will we have an indication as to “price” direction. Suggesting there is a market…well one needs to redefine and qualify “Market” ten different ways to China.

         

         

         

      • No telling where the silver is coming from. If I were a wagering man, I’d say some big banker type is having to lower his/her personal stack to keep the illusion going. Either that or someone has really to create silver from lead. :)

    • SHFE SILVER INVENTORY AS OF 10/17/2014

      SILVER
      Unit: Kg

      Area
      Warehouse
      Previous Week
      (On Warrant)
      This Week
      (On Warrant)
      Change

      Shanghai
      Zhongchu Wusong
      61604
      69929
      8325

      Sinotrans Eastern Hongqiao
      33203
      33203
      0

      Subtotal
      94807
      103132
      832

    • Here is the link to the Shanghai Futures exchange, so who ever is interested can check it out for them self .

      http://www.shfe.com.cn/en/MarketData/dataview.html?paramid=week

    • Here is the link to the Shanghai Futures exchange, so who ever is interested can check it out for them self, no need to wait for the experts to keep us current and always few weeks late.

      http://www.shfe.com.cn/en/MarketData/dataview.html?paramid=week

       

      once on the site , click the button on the left , that says WEEKLY INVENTORY.

    • As well – It should be of importance that the 3rd largest Ag producer has seen net exports Fall by 25% YOY, as of the end of Q3/14.

       

      • So the quick read to that is either lack of demand or lack of production, any insight as to which one?

      • Answer – EFF YOU seems about right, they’re hoarding production… pretty simple.

        Silver production was up slightly 7.27% EOQ2.  All-In COP average $17.08 USD.

        Perhaps the Iberio-America’s are re-thinking their strategies as to “carry and borrowing costs” – the DX has been setup to implode EM’s Debt carry as they have held reserves and while permitted to leverage 4x since 08, have refused to use reserves to unwind obligations.

        I am purely speculating, but suspect they are following the market leaders with respect to Sovereign Hoarding :~)

        The foot prints appear in a great many places, I would cautiously suggest an “Eff you” is in play.

        Economic interests are the center of this and the Iberio-Americas are well ahead of the curve – Russia will assure the lack of respect for obligations to the West is imbued with the reasonable abuse(s) of Seniorage… and quite rightfully so.

        Rhetoric against western lending institutions as well as member nations have been increasingly vocal in criticizing the World Bank and IMF.

        We (our Plutocrats) have pissed off most of the Globe.

      •  “We (our Plutocrats) have pissed off most of the Globe.”

         

        Yes, they have.  But then, that happens when one keeps getting caught with their hands in the till.

         

    • Response to Mitsui’s Plan to Substitute Platinum with Silver in Autocatalysts

      By Jack Lifton
      April 25, 2008 • Reprints



      DETROIT () — According to a Reuters story this week, Mitsui Mining and Smelting Co. Ltd. said it has developed a new catalyst for diesel engine cars that replaces the use of platinum with silver.

      I began this morning going over the (U.S.) Mitsui patents on exhaust emission catalysts. They begin in 1973 with the issuance of a patent to Mitsui’s Asahi Chemical; the research for which must have begun in the late 1960s for a silver based catalyst for reducing nitrogen oxides and carbon monoxide. There is a hiatus of about a decade, and a steady stream of patents, citing that first one, beginning in the 1990s.

      The original focus of the work was to reduce nitrogen oxides and sulfur oxides (the acid rain formers, the first being from gasoline powered cars, and the second mostly produced by diesels) to nitrogen and, I guess, sulfur, which would then be necessary to filter out. In any case this was not the direction that early workers, myself included, took.

      The problem was carbon monoxide and unburned fuel, and it was solved by platinum and palladium continuous coatings on the surface of alumina beads packed between two stainless steel screens in a ‘can’ inserted at the exhaust manifold to achieve maximum temperature as quickly as possible (i.e., the so-called “catalytic converter”).

      I could go on, and I probably will next week, about my friend Dan Shanefield’s discovery of a process for the mass production of the synthetic cordierite substrate, and the emphasis on reducing acid-rain forming emissions from vehicles that took place in the late 1970s.

      The solution then was rhodium; it was quick, relatively cheap – it utilized an almost useless byproduct of platinum mining and the South Africans loved the idea – and it was available. Asahi Chemical couldn’t get a foothold in the business. Japanese car making clout was just too small at the time, and the Japanese car makers feared the regulators of their temporary masters and their European running dogs.

      Reuters really seems to have gotten the story wrong. The major problem with diesel emission control is the mandate for the dramatic reduction of nitrogen (and sulfur) oxides. Mitsui is going after the rhodium used today in selective catalytic reduction (SCR), an expensive mandatory add on that reduces the amount of rhodium (but by no means eliminates it) in a diesel exhaust emission management system.

      I note also that a typical formulation includes a silver composition with a rare earth metal. This is a great story about a new driver for reducing rhodium demand and increasing rare earth demand. Who woulda thunk?

      Stay tuned for next week’s story: “Driving Rhodium Consumption Down and Silver Consumption Up.”


    • Automakers worldwide account for more than 60 percent of platinum demand, according to estimates by Johnson Matthey Plc, which makes about one-third of the world’s auto catalysts.

      Move over platinum ,here come Silver ! high O and away ,

    • What is the total amount of platinum in a typical catalytic converter?
       
      What is the total amount of platinum in a typical catalytic converter?
      Cancel Save

      ” already exists. Would you like to merge ” into it?
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      Amir zalzly
      Answered Last

      I found a site claiming that a catalytic converter can carry b/t 3-7 ounces of platinum per converter. According to this site(wired.com), platinum is going at a rate of 2075 dollars per oz. This means you would at least have 6225 and up to 14 and a half thousand dollars if you could harvest the platinum purely. The next question is how do you get the platinum in a catalytic converter out of it to get this reward. Stolen catty’s go for 200, but I’d rather not go that route. The site also mentione other metals involved in the production of converters such as rhodium and palladium are going for 445 and 7300 an ounce. I might have to recant on that whole not theiving idea.
      There are usually about 3 grams of platinum in a catalytic converter. There are 31.1 grams in an ounce. Platinum is at $2000/ounce so you can figure right at $200 worth. Please note manufacturers are starting to use other materials so you may have very little, if any, platinum.

      There are 28 grams per ounce not 31.1.

      CORRECTIONS TO YOUR ANSWER

      In every Kg of honetcomb which is the filter you find on average 1.5g of platinum (Pt), 0.5g of palladium (Pd) and 0.1 rhodium (Rh). Some catalytic converters have a heavy honeycomb while others are light depends on the engine size, if the engine is big car companies tend to use a bigger honeycomb. Regarding the ounce the internation ounce weight is 31.1g but the US ounce weight is 28g.

      • “I found a site claiming that a catalytic converter can carry b/t 3-7 ounces of platinum per converter. According to this site(wired.com), platinum is going at a rate of 2075 dollars per oz. This means you would at least have 6225 and up to 14 and a half thousand dollars if you could harvest the platinum purely.”

         

        Color me dubious and for the very reason mentioned… cost!  Very few people could afford to buy a car with that kind of catalytic converter in it.

         

        Also, in catalysis, it is quite common to have a very tiny amount of an active specie, in this case Pt or Pd, dispersed onto some sort of substrate… meaning that a few grams of these metals can be put onto tens of thousands of carbon granules or ceramic beads and still be very effective as catalysts.  It is not at all unusual for a new catalytic converter to cost $500-600 which quite clearly obviates the possibility that 3-7 ounces of Pt are present.

         

         

    • Well, Chris Powell, one thing is for certain. You are not one of the Elite. You are still at the Roswell Stage. Of course they control every market (and every law passed, ruling made), precisely to manipulate every happenstance to avoid another 1932-45.  What if 1932-45 was contrived to crush the Bolsheviks? Since we are speculating on the markets, there can be no surprises…for the Elite. Just as the Elite have taken away world conflagrations (crushing the Bolsheviks and plural arab governments) with the forming of the CFR,  so they have also have taken away free markets. Just as they have written every historical event since 1913 so they have cornered the free markets from wild uncontrollable crashes. Ever since JP Morgan bailed out the government, the Federal Reserve has manipulated free markets into nothing more than “contained contrivances”. The death twitches of resistance are apparent with the feeble positions Russia and China are taking. They crushed oil prices and PM prices in broad daylight without firing a shot! Those who have Elite friends in Manhattan and D.C. are doing very well. Everyone else must toil for their food having been kicked out of Paradise. The Elite have total control over D.C. and their Departments as well as every aspect of the financial markets. Breathtaking. I see Chris as some UFO provocateur. Of course UFO’s exist, why keep trying to prove it? Of course the Markets aren’t Free, why keep trying to prove it? Make the adjustments to provide a parasitical existence from their controlled experiment and stop being the placebo group. I am alone in predicting that Reid keeps the Senate. A GOP Congress with the burned out WH is too much drama to contemplate for the Elite. I say this because Romney is the 2016 GOP front runner. His rise is only to  pave the way for Hillary and a Schumer Senate. This must be the Elite’s plan as they have contained the last vestige of Individualism seen in the modern Conservative movement which is the last rise of “Bolsheviks/Tea Party/Conservatives” the US will ever see. The questions are answered. All electioneering and market manipulations are being designed to advance the Elite’s agenda and crush Russia/China obstinance. So, if you or your Dad is not a Friend of the Elite, you are kicked out of Paradise. Resistance is futile. The train has left the station. UFO’s exist. All markets are manipulated.

    • J Mackenzie   Jim Willie   20% is enough. I data sift and cull intel from many sources,compiled it between my ears, process the dots and attempt to connect maybe 50-100 datapoints to see what might be real, what might be true and what is dross    It seems to work most of the time  but Willie does have his wingnutian side

      trejin

      Bully for you in offshoring effectively  I assume FACTA and FBAR did not pose a problem

      My plan to get PMs out of dodge is trade my silver for gold then head to Canada with phyzz buried in the wheel well   Hope that works.  Or call one of my Canadian relatives to pick me up on the Seattle side and sail us into Victoria Harbor.

      other than that we lost all the phyzz in a canoe accident some months ago

      • @AGXIIK

        As far as reporting to the IRS, one of the few things you are NOT required to report is PM’s in your own possession, which applies to a private storage in your name only.

        I went even a step further and have the storage in my second name, not associated with any SS number( courtesy of the French Foreign Legion ).

        The Canada plan is same for me with the rest of my stack . I am in the Seattle area and there is, for now, plenty of spots where you can just drive across the boarder without going through the official boarder crossing . The trick will be, NOT to wait to long , thinking that it is not or it will not get that bad,  as they can with today’s technologies, seal the boarder very fast.

        cheers and good luck

         

      • Tre…Gold Money sounds reputable.  James Turk comes off as a solid guy.  However when you use Gold Money, you are back to holding a receipt, a promise to pay i.e. counter-party risk.  And then what if a solar flare, cyber attack, or what ever renders computers scrambled.  Or missile attacks or disease stop air travel and other cross border transportation.  Me, I sleep better knowing my stack is in my possession.

    • @AGX – JW – an entertaining character.

      Time – wherever you may be – collect your belongings outside of the reach of the creature’s systems, relax, pour yourself a cocktail, beer or wine, spark up a blunt… sit down on your patio and watch the Horizon’s hues.

      No real reason to wait.

       

    • trejin   that is wicked cool     With a sturdy backpack I could probably tote 800 of gold across the border to the land of curling and Molsons .  Some one told me that the weight of gold carried is inversely proportional to its weight in avoirdupois.  In other words, the joy of carry gold and bugging out is light that air.

      I have another name from my natal country—removed it to come to the US 50 years ago but could bring it back if need.   For now I stay local. My friends would never forgive me for leaving them without an extra rigger behind the trigger

      Wifey is not sold on buggin’ out   Belise is appealing as it has the British legacy (not that the Queen is any friend of mine–I was told I’m on a list for youthful indiscretion, pillage and behavior unbecoming during my misspent yoot)

      But what the heck,  her Magesty is a pretty nice girl—-Prince Philip is welcome to her

      Jmac  A good scotch is fine.  Chronic makes me crazy (er)

      Running from the creature?

      I just can’t tolerate the idea running from this execrable POS comic character that has our Republic by the bollocks.  That notion really chaps my hide.

      French Foreign Legion,  Trejin?

      Nemo vir est qui mundum non reddat meliorem

      • The problem with bugging out to another country is that conditions will be no better there I fear.

      • @AGXIIK

        Latin hmm, it is nice to meet an educated man in today’s times. I am afraid that I have lost all my illusions about this world and trying to make it better. Now it is only my family and the nearest friends, which there isn’t that many of them. I have become a realist not an idealist any longer and life is easier like that. No more disappointments in life.

        Je suis un realist si j’ai perdu un mal de tete

         

      • @AGXIIK

        Latin hmm, it is nice to meet an educated man in today’s times. I am afraid that I have lost all my illusions about this world and trying to make it better. Now it is only my family and the nearest friends, which there isn’t that many of them. I have become a realist not an idealist any longer and life is easier like that. No more disappointments in life.

        Je suis un realist si jai perdu un mal de tete

         

  • We are testing a fully custom build of an editing comment option.  I apologize for the delay.

  • @Sovereign

    Please respond to my email requesting additional information pertaining to the technical difficulties.

    If anyone else has technical difficulties remaining with the new website, please post them in the “technology section” in the forum and I will pass them on to the IT department.  The IT team is working on deploying a number of…[Read more]

  • I have no patience with people who lack any@strongsidejedi Personal attack is your statement here….I have no patience with people who lack any scientific training, have no clinical medical experience, and then want to push their ridiculous silver concoctions on others.


    Additionally, move out your apostrophes to include “manufactured crisis” and you will understand the topic title.

    In terms of traditional medicine, I like The Doc have had more “scientific”, “clinical” training than nearly anyone. We…>[Read more]

  • Yes the edit button is at the top of the IT agenda @Ed_B

    Thank you for your patience!

  • AGXIIK,

    I received your email earlier about your forum issues which did not appear during development/testing.  We have the team working on it.  When it’s up and running like it should, you will be able to subscribe to RSS feeds and follow threads (even the main posts threads) through the forum.

    We spent a great deal of time integrating the…[Read more]

  • Great advice Ranger. One part of the work last night was to move SD to a dedicated IP address. Therefore a clear cache will definitely fix the majority of issues with site performance.

  • We apologize for the website being unavailable for much of the early morning hours Sunday, June 15th.  Our IT team was installing updates on our server starting at 3 a.m. e.s.t last night. The update lasted longer […]

  • Thomas,
    What I said was the truth, every single word.  I don’t need an interpreter. 10% margins?  Outside investors? Direct mint purchaser when they are currently on allocation?  
      

  • A big thank you to Ron Paul for coming on to Metals and Markets.  I hope you guys enjoyed the show.  I’d also like to thank all the loyal SD following who have been with us since we started on blogger.  The Doc […]

  • ThumbnailHarvey Organ joins the show this week for an EXPLOSIVE and MUST LISTEN Metals & Markets discussing: 

    Massive US gold exports: NY Fed stealing sovereign nations gold- Harvey states ALL CUSTODIAL GOLD AT NY FED […]

  • The audio should be corrected now.  I apologize for the mishap on my part.

  • Testing Forum Topic 3

  • Testing

  • Testing forum topics

  • BullRun commented on the post, Bear Down 1 year, 4 months ago

    Yes, working on it now.  Thanks @underground !

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