• @ticktoc – you are off-base and have no idea what my track record is.  Of course I make wrong calls.  Go back and read my Flying Wombat comments for the December 27, 2014 show (all of them) and perhaps you’ll come to understand what I mean by how professional forecasting works.  Making incorrect forecasts is part of the process, and the goal isn’t …[Read more]

  • This headline is over the top.  Gold would not have surged 40% even if the big D-man and Company launched 1 trillion Euro QE because this was an expected event (93% of market participants in a Bloomberg survey taken over the weekend through Monday indicated a view of ECB QE of at least 550 billion euros).  One never sees a 40% move with that kind o…[Read more]

    • “Eventually” sometimes happens without any warning whatever… and sooner than we think.  When the US$ is devalued or collapses, I am sure that we will be treated to all kinds of newspaper articles from people who parrot the US Gov line of, “Who could have seen this coming?” and other baloney.  It is the stacker community who sees this coming and t…[Read more]

  • ThumbnailHere we go again.  The second Bush administration successfully used propaganda and spiked intelligence to fabricate vastly exaggerated claims that Saddam Hussein possessed an active weapons of mass destruction […]

  • Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 sub-prime mortgage meltdown.
    Circumstances lead me to believe it could play out like the meltdown I experienced in 1998 after Long-Term Capital Management (LTCM) failed.
    This time, however, there will be several crucial differences that…[Read more]

    • I have a newsletter too.  Volume 1 Issue 1 was issued back in 2002.  The SilverHawk Report came out and said, “Put ALL your money in Silver and wait for the Dollar to become worthless.”  It was the first and last issue.  (LOL)

      How have you done since then?

      Looks like this will be our year.  The game ends before 2016 arrives.  Thank you Rabbi …[Read more]

      • quelle horreur !

      • “It has been a well kept secret over millennia that some of the most sacred scriptures of Western civilization were written as a movie script.  In other words, those theological ‘screenplays’ were written by men whose mundane knowledge and religious understanding were such that their descendants — over millennia — would ensure that the actual event…[Read more]

      • “It has been a well kept secret over millennia that some of the most sacred scriptures of Western civilization were written as a movie script.  In other words, those theological ‘screenplays’ were written by men whose mundane knowledge and religious understanding were such that their descendants — over millennia — would ensure that the actual event…[Read more]

      • “It has been a well kept secret over millennia that some of the most sacred scriptures of Western civilization were written as a movie script.  In other words, those theological ‘screenplays’ were written by men whose mundane knowledge and religious understanding were such that their descendants — over millennia — would ensure that the actual event…[Read more]

      • “Put ALL your money in Silver and wait for the Dollar to become worthless.” 

         
        “How have you done since then?”

        I have done just fine.  While others complain about the low prices of silver, I have been stacking on the cheap and adding many more ounces to my stack.  Also, it is very important not to lose sight of basic investing principles. …[Read more]

      • Jonathan Cahn will be interviewed today by Trunews. The interview will probably be released in 2 hours (around 5pm EST) on their website.

         

      • Jonathan Cahn will be interviewed today by <a href=”http://www.trunews.com/listen/”  title=”Trunews”>. The interview will probably be released in 2 hours (around 5pm EST) on their website.

         

      • Jonathan Cahn will be interviewed today by <a href=”http://www.trunews.com/listen/”>Trunews</a>. The interview will probably be released in 2 hours (around 5pm EST) on their website.

         

      • Looks like it’s available on YouTube now.

      • Ok. So the Shemitah is God’s punishment to the children of Israel for not obeying his commandments?  But, it seems to me that every event this clown mentions was caused by insane Zionist children of Israel and their satanic worshipping goy lackeys.  Soooo….and excuse me if I draw a long bow here…. wouldn’t it make sense to simply disestablish t…[Read more]

      • What a bunch of deceptive garbage from the good Rabbi. He’d never mislead gentiles about what’s really taking place, would he?

        I suppose Divine Intervention is one explanation for the odd coincidence of so-called Shemita’s and financial crashes down through the ages, but it’s certainly not one I’d ever buy. Alternative explanations are much…[Read more]

    • I’m just glad we are back to $18. Maybe I should raise my goals…haha

      • Why is it that so many of you jokers want to blame everything on Zionists? And for your information, Rabbi Cahn is a MESSIANIC Jew! That means he believes in Jesus, so stop with your ignorance, please… Also, his research makes every bit of sense in the world. If you were familiar with the word of God you would know this.

      • Why is it that so many of you jokers want to blame everything on Zionists? And for your information, Rabbi Cahn is a MESSIANIC Jew! That means he believes in Jesus, so stop with your ignorance, please…

    • “The result is a $14 trillion pile of corporate debt that cannot possibly be repaid or rolled over under current economic conditions. ”

       

      Should be called what it is …. a $14 trillion theft because at the end of the day,  it will be fleeced from the sheep.

      • Agreed… but it will be MUCH easier to fleece those who remain in the current banking / financial “system” than those who removed a good amount of their wealth from this system.  Anyone with the bulk of their wealth outside the banks has no fear of bail-ins or bank holidays, for example.

      • Yes.

        That is why I used the term “sheep” — as in those who remain complacent about their fiat denominated assets and the political and economic status quo.

      • Sheep, indeed.  Suffering from terminal normalcy bias and other fatal afflictions.

    • Well well,  A#1 schill rickards to Sid the yid.

      True enought the tribe is calling the flock home… shemitah fun awaits.

      True enough if top troll rickards says it he is supposed to… every butt monkey in the game gets paid and on the way up and the way down.  It will be as he says to some degree as the info is fed to him. And I have no b…[Read more]

      • You are plain wrong about James Richards. I follow him pretty closely on Twitter, YouTube and other sources.  He has out right disdain for the Federal Reserve.   I can’t imagine the folks at the Federal Reserve would use him as a shrill.  You may not agree with all that he says but to call him a puppet of the government is just wrong.

      •  “He has out right disdain for the Federal Reserve.   I can’t imagine the folks at the Federal Reserve would use him as a shrill”…

        The new top-down imposed meme by which the dialectical circus gets everyone on board with their disinfo gives full bore to the criticism of  the Federal Reserve, central bankers, and the assortment of whipping boyz…[Read more]

      • Well I haven’t forgotten his Kaiser Report interview where he dances around regarding 911 and the insider trading. Guy is clearly a bankster-CIA shill, all I need to know. He’s not going to give you anything of value. The Alex Brown trading around 911 by Buzzy Krongard (CIA) is ‘irrelevant’ according to Rickards. If they weren’t directly involved,…[Read more]

      • I agree with Whiskey Zero on Rickards. His membership in the CFR disqualifies him from any credibility IMO. An open foe may prove a curse, but a pretended friend is worse. Rickards is an obvious banker scum shill.

    • As with everything on sites like this the key words are number 8 & 9 in the article, ‘could see’.

      Sure, we ‘could see’ it collapse tomorrow or in 2025 who knows.

      Of course, we ‘could see’ monkey’s fly out of my butt this year too.  I think the chance of that over a ‘meltdown’ is far higher.

       

      All that said………..KEEP [****] …[Read more]

      • Hi @PoorMansGold , Well I took your advice (in upper caps) yesterday and picked up a handful of mercury dimes at just below Spot, via yet another craigslist deal.  Ya gotta love it!

        ——————————————

        Now, here is an image for today – does the word ‘Algorithm’ mean anything?

         

    • Two people who left the paradigm are David Stockman and Paul Craig Roberts.  Each has solid intel and cutting edge essays that tell truth to the situation we find in the world.  Jim Rickards was an insider too and may still be somewhat on the inside.  But that does not diminish the message even if he is selling his books.

      His experience is le…[Read more]

      • @AGXIIK

         

        “I use the step staged collapse from 2006 to 2009 as my litmus test of what might happen,  as a cascade of bank and business failures culminated in the Lehman kill shot that saved AIG.”

         

        IMO, AIG was saved by the Fed and the US Gov because it was a nexus hub for many hundreds of billions worth of derivatives.  Neither the US …[Read more]

    • A quick PS from the front lines.  Jim talks about the $14 trillion in junky corporate and oil industry debt.  If $4 billion started the collapse of LTCM, and $2 trillion or so caused the sub prime mortgage meltdown, we have 2 new subprime debt variants.

      Government student loans totalling $1.3 trillion with 15-30% in some form of non p…[Read more]

    •  

      I think it is starting to rain really hard!

      • Yep & the Music is playing  & the tempo is getting  faster  &  faster  soon it will stop & we will get to see who has a chair to sit in ……..& who does not

    • My only quibble with Rickards’ piece is his suggestion that this could still take one or two years before the edifice finally crumbles. If you dissect his timelines, he notes that the it took 15 months for the Panic of 1998 to play out, and 11 months for the 2008 Panic to manifest itself. As leverage increases, I expect the timeline from the start…[Read more]

      • I still am just thrilled to see $18.

      • If I’m right — I know, a big IF — we may not have too much longer to wait.

         

        Agreed 

        I am looking at the end of July to beginning of September & then we will be looking at a fall & winter that will truly suck…… all down hill

    • My only quibble with Rickards’ piece is his suggestion that this could still take one or two years before the edifice finally crumbles. If you dissect his timelines, he notes that the it took 15 months for the Panic of 1998 to play out, and 11 months for the 2008 Panic to manifest itself. Because of increased leverage, I would think the timeline…[Read more]

    • No one except an insider could know when we are going to have a collapse.  I would not be surprised to see a collapse in 2015 but I am thinking that this is going to be slower than most believe.  Rickards is very conservative with his predictions in my view.  He normally doesn’t make pie in the sky sensationalist predictions.   I take people like t…[Read more]

    • Sooooooooooo happy to see $18 dollar silver. Happier than a pig rolling in $%#$! Glad I bought when it was $15, even when we were told it would go to $8 before coming back to life. I will continue to buy , buy, buy whether it is $8,$15, or $25. All because silver is “real” money and real money will hold the test of time and at maintain value…[Read more]

      • “Happier than a pig rolling in $%#$!”

         

        I understand the sentiment but just to be clear, pigs do not roll in $%#$.  They do enjoy a nice cool mud bath on a hot day, though.  :-)

    • @Mammoth …….  Roger that.  Got a few more myself today.

       

      Some good deals going down on the auction sites.

       

      No joy on CL for me today, of course in my neck of the woods they’re more concerned about the latest hipster ferry fad than keeping themselves alive.

       

      And who edited my post!!!   We can have crazy nutty predictions al…[Read more]

    • @packingandstacking  I am happy that you are happy with your silver.  But, nothing is a sure bet.  There are many stackers who have been burned.  No one is excempt from this.  Cost Dollar Averaging is the most conservative way to buy silver.  And, you might want to score some gold as well.  Congratulations on your new investment and good luck.

      • “But, nothing is a sure bet.”

         

        Absolutely right, Pollo.  That’s why it is called a “bet” instead of a sure thing”.  ;-)

    • Not much into Rickards, he’s slippery and too cute by 1/2…  But in an interesting coincidence of timing, a new Web Bot report is just out. Lots of fireworks predicted in the latest from Cliff High. Pertinent to pm’s, Au to double and GSR to halve by April/May? Ag $120 after a 600% rise… in the same time frame?

      All this and much more, …[Read more]

    • The problem is that all of his foundation spoken is based on the belief that America still has her gold.

      He will not address the issues with the hypothesis if America has NO gold.

      All, and I mean all,his conclusions would be very wrong if America has no gold.

      It is more than obvious to anyone paying attention that our gold was stolen by…[Read more]

      • “It is more than obvious to anyone paying attention that our gold was stolen by Clinton/Bush.”

         

        Probably so.  But if so, then it is likely that this is what was used to buy the time to keep the charade going.  The problem here is that the damned charade is worth less than the gold… a LOT less, IMO.

    • The man seems brilliant but too slick for me, almost like a CIA agent or something. I like Schiff. Really like Schiff.

      • @tophat – That always bugged be about Rickards, too, that he refuses to consider that the gold is gone.

         

        @silversnout – Agreed about Schiff, seems genuine. I’ve read 3 of Schiff’s books and 2 of Rickards, and I alway have felt that Rickards was pushing the SDR.

      • @tophat – That always bugged be about Rickards, too, that he refuses to consider that the gold is gone.

         

        @silversnout – Agreed about Schiff, seems genuine.

    • first…he/they come up with around 14 TRILLION in skank paper just laying out there now..

      Part of this came from our screwball FED and their QE + Bail, etc… Part of it came from leverage.

      Which would beg the question: IF LEVERAGE…then, who’s ledger shows it???

      I’m thinking our main/big banksters… And, then, toss in some unknown Mtn…[Read more]

    • first…he/they come up with around 14 TRILLION in skank paper just laying out there now..

      Part of this came from our screwball FED and their QE + Bail, etc… Part of it came from leverage.

      Which would beg the question: IF LEVERAGE…then, who’s ledger shows it???

      I’m thinking our main/big banksters… And, then, toss in some unknown Mtn…[Read more]

    • I read the information presented by Jim Richards, but it will not get me closer to the objective even after purchasing his book?  Nothing against Jim, but Silverdoctors needs to have a grip on what is unfolding here!  This is a day old, yet this is from the horse’s mouth with Willem Middelkoop on Bail-ins, Cyprus, Bitcoins, real estate, Gold & S…

      [Read more]

    • I read the information presented by Jim Richards, but it will not get me closer to the objective even after purchasing his book?  Nothing against Jim, but Silverdoctors needs to have a grip on what is unfolding here!  This is a day old, yet this is from the horse’s mouth with Willem Middelkoop on Bail-ins, Cyprus, Bitcoins, real estate, Gold & S…

      [Read more]

  • @Vimy15 – The scenario you paint is indeed possible.  To be even more glum, the big war part of your equation could come earlier and driven by other, additional dynamics.  For example, a bigger conflagration growing out of the situation in the Ukraine or Syria could come first.

    China could sit with most of her US Treasury holdings remaining and …[Read more]

  • Great stuff:

    Will China Pull A “Switzerland” On The U.S. Dollar?
    TND VideoCast Spotlight:  Peter Schiff |

    http://thenewsdoctors.com/will-china-pull-a-switzerland-on-the-u-s-dollar-peter-schiff/

    • in my view, China will not de-peg until they make a few more strategic moves. Namely after an expected rise in the US dollar as a result of Euro QE, the Chinese may begin selling off more US treasury and bond hldings. Ultimately, they will announce their gold holdings and then they might allow for a free floating currency … But not until they’ve…[Read more]

    • @Vimy15 – The scenario you paint is indeed possible.  To be even more glum, the big war part of your equation could come earlier and driven by other, additional dynamics.  For example, a bigger conflagration growing out of the situation in the Ukraine or Syria could come first.

      China could sit with most of her US Treasury holdings remaining and …[Read more]

    • I don’t believe Swiss would do it just on their own. Rather, in my opinion ECB ‘suggested it’.
      I think at this stage of the game even Goldman’s puppet  Mario knows QE is not a solution in a long run. On top of it Germany is not exactly a great QE fun. QE could easily lead to many unforeseen ‘defects’. Germany could be easily tipped to make a ‘dec…[Read more]

    • I don’t believe Swiss did this just on their own. Rather, in my opinion ECB ‘suggested it’.
      I think at this stage of the game even Goldman’s puppet  Mario knows QE is not a solution in a long run. On top of it Germany is not exactly a great QE fun. QE could easily lead to many unforeseen ‘defects’. Germany could be easily tipped to make a ‘deci…[Read more]

    • I don’t believe Swiss did this just on their own. Rather, in my opinion ECB ‘suggested it’. I think at this stage of the game even Goldman’s puppet  Mario knows QE is not a solution in a long run. On top of it Germany is not exactly a great QE fun. QE could easily lead to many unforeseen ‘defects’. In effect Germany could easily be tipped to make a…[Read more]

    • i think the swiss did it for them. cheers. the swiss know which side of their bread will be buttered on, in the not to distant future. think about for a few.

    • The Chinese need to pull the plug let’s get this over. Will it be ugly -you bet but hopefully we can start fresh.

    • Imagine the carnage if the Swiss had not used Diebold Voting Machines and had voted PRO-GOLD???

      Just de-pegging the Frac from the Euro-Trash-Cash did 30%, going with Gold could have doubled the Franc?!?

    • Ed_B replied 1 week ago

      @Henasau

       

      “I don’t believe Swiss did this just on their own. Rather, in my opinion ECB ‘suggested it’.”

       

      An interesting angle on this but why would they do this?  The EU benefits mightily from SNB buying of euros and this will end that.  One would think that this would not be on their list of things to instigate.

       

      “Swiss Franc …[Read more]

    • My angle and point I wanted to make:

      This is race to the bottom with currency devaluing at its center. Swiss frantic Euro buying since the peg was established in 2011 supported Euro value.

      I have no doubt QE in Europe will happen but before Yellen will take over the button from Europeans, the Euro should be truly in the toilet to give more e…[Read more]

    • My angle and point I wanted to make:

      This is race to the bottom with currency devaluing at its center. Swiss frantic Euro buying since the peg was established in 2011 supported Euro value.

      I have no doubt QE in Europe will happen but before Yellen will take over the button from Europeans, the Euro should be truly in the toilet to give more e…[Read more]

    • Some of us remember when the euro was equal to about $0.85, so seeing it slide to $1.15 from about $1.40 a couple of years ago is not a terrifying event.  It IS an event for concern, however, as it is one of the major fiat currencies out there.

       

      The so-called “race to the bottom” in currency values is, indeed, a fool’s game and like all …[Read more]

  • There’s a clear path that Greece and the EU can take that will *not* set-off a derivatives chain reaction.  I will explain later – not enough time to write at the moment.  But this can very easily be the best thing to happen for Greece in the long-run and not cause a problem.  More later…

    • Well if Ted Cruz got into an accident and bashed up his face, it would probably help his looks and make him look less creepy and smug.

  • Here’s the GDX trading on Friday.  I forgot to send this chart to Doc.

  • @Pollokeeper:  It might surprise you, but I agree 100% with everything you wrote in your latest post to me (the one starting with: “Who thinks of the KWN style sensational article titles?”).  I even share the same frustration about Silver Doctors posting sensational stuff way too often.

    I think you now have a bit more insight into where I’m c…[Read more]

  • @Pollokeeper:  First, I thank you for taking the care to not be rude.  I understand the anger and frustration others have expressed vis-a-vis analysts and people in our sector.  The criticism is justified.

    I would actually rejoice if people would take very careful notes on all analyst calls because selective memory and just the happenstance of n…[Read more]

  • @Da yooper – sure, glad you found it insightful.  Thanks.

  • @BetterThanNoSN:  Ultimately, we just have to assume that the mining shares will take a big hit along with a general equities market sell-off, just as they did during 2008-2009.  But there probably will be a little bit more differentiation between the companies with stronger balance sheets and superior production profiles sooner than the last go a…[Read more]

  • As regular SD Weekly Metals & Markets listeners/readers know, I have been arguing for over two months that we have been moving through a stealth capitulation process, and the signal value from mining shares has helped me to spot this dynamic.  The capitulation is OVER and in the rear-view mirror.  Let’s unpack this further, because the headline a…[Read more]

    • Flying Wombat

       

      Thank you for that post 

    • Let me second Yoopers sentiment Eric.

      In the past i wondered if/when the stock market goes thru another 2008 type correction would it pull down the mining shares as they did then. Silver Wheaton dropped to ~$2.50/share at the low of that crash. What’s funny now that i read your post and look back, GDX  at the same crash point, was within 50 …[Read more]

    • @BetterThanNoSN:  Ultimately, we just have to assume that the mining shares will take a big hit along with a general equities market sell-off, just as they did during 2008-2009.  But there probably will be a little bit more differentiation between the companies with stronger balance sheets and superior production profiles sooner than the last go a…[Read more]

    • @Da yooper – sure, glad you found it insightful.  Thanks.

    • @Flying Wombat

       

      “Sorry for being long-winded with this post.  It’s been a long week.  I’m tired.  Normally, I’d be able to edit the above down to about half the size with no compromise of the argument.  Too fried to do that now, as it’s 4am in my neck of the woods and sleep calls.”

       

      Not to worry, Eric.  That was WELL worth the read in…[Read more]

  • “GOFO Update: Physical Market Headache For Gold Cartel and My Short-term Forecast – Eric Dubin”

    http://thenewsdoctors.com/?p=260794

    Nice table data and charts to help put GOFO into context vis-a-vis spot gold, and my forecast for the balance of the year…

    • Nice article. It definitely looks like the Wizards are losing power with this particular magic trick, and then reality will resume.

      What will they do when there is a run on the bullion banks? Blame Russia most probably … LOL

      Vladimir broke in over night and abducted all the physical bullion in a soviet submarine powered by vodka right…[Read more]

    • Hey, thanks for the link.  Its a good article and easier to understand (and follow) than what is put out by our friend Harvey.

  • Also, don’t miss the Indian precious metals imports story we discussed in the show.  Click here for a nice entry into the subject by Turd Ferguson that builds upon and includes Koos Jansen’s analysis.

  • I recommend reading Alasdair Macleod’s “Russia’s Monetary Solution” for more context about various Russian gold standard ideas.   Click here to access the article.  You will also find a link to the John Butler article within Alasdair’s article, or you can click here to read an intro by GATA’s Chris Powell and a link to John Butler’s article.  Turd …[Read more]

    • Also, don’t miss the Indian precious metals imports story we discussed in the show.  Click here for a nice entry into the subject by Turd Ferguson that builds upon and includes Koos Jansen’s analysis.

    • Ed_B replied 1 month ago

      Agreed @Flying Wombat

       

      Backing Russian bonds with gold would put them substantially ahead of all other forms of debt, whether the bonds are convertible to gold or not.  Gold backing of this kind comes into play only if the bonds are not redeemed by the Russian Gov.  Not sure of the effect on these bonds if Russia refuses to pay the interest …[Read more]

    • Dr. Paul C. Roberts mentioned several Black Swan events in his most recent King World New Show 12/20/2014

      The most Feared and least costly way is to ‘buy up the small Silver market’ Mr.Putin would be the  Good Guy , versus the highly leveraged  Silver market .just dump about 10 billion USD and demand Metal .the Shorts should be nervous imo.

  • Serious food for thought here:  “How Putin Upset NATO’s Strategy,” by Thierry Meyssan

    http://thenewsdoctors.com/?p=256946

    I would have included it in the write-up above, but the story came out after we produced the show.  Thierry Meyssan is a former French intelligence officer, one of the earliest critics of 9-11, and a man of considerable in…[Read more]

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