• That elite financial forces in Europe are using financial muscle to provoke political outcomes in Athens has never been more apparent, say critics…

    TND Guest Contributor: Jon Queally […]

    • In the continuing saga of “We are The Elite and going to bang you hard” there was this article on BBC this morning about a pensioner weeping outside a bank after being told his savings were not available.  The entire article Greece debt crisis: The cost to pensioners was a sad preview of what is to come globally!  Then you find this article Anger over Christine Lagarde’s tax-free salary which is no surprise either.  The problem with TPTB is not recognizing that this nonsense is what causes the return of the guillotine and the wrangler’s rope and Live Oak.

      There is no doubt that much of what is financially painful is due to people wanting today what they should wait and pay for tomorrow debt free.  Greece, Europe, Japan, USA and even China to some extent have written the hot check in a continuous manner.  However, there is no justification for down right theft.  No doubt the old saying “nothing is free” rings louder today than yesterday!

      Apparently both my US Senators voted FOR the TPP and who knows what else which is another promise of a cot in the bunker while SCOTUS continues to shred The Constitution and Bill of Rights.  When a nation of peoples turn from those principles that made them great this is the ‘Clear and Present Danger’ result apparently!

      I grieve for my country while Satanic darkness is preparing to cover the land.  This miniscule group of demented psychopaths motivated by self centered greed and false illusions of power will surely bring much pain to us all including the power elite themselves working studiously to bring it all about.  I include them in this statement since the permutations and combinations cannot be calculated to the final degree.  Prepare yourselves for a ’29 Depression on steroids my friends.

      Thanks Doc for both the looking glass and very competitive prices in PMs.

    • Is there any doubt that TPTB like where they are seated and don’t plan on “giving up” ANYTHING anytime soon?… The signs are easily seen on all sides of the The Pond — What is being played out today on a small side-stage, will soon be reflected and replayed in some form/forum on a much larger stage, ie: maybe the USA?…Maybe Spain…etc. The power of the “People’s VOTE” is the stake in the heart of this beast! Just remember/recall what was said “first” when this was announced maybe a week or two ago: THERE CAN BE NO FURTHER TALKS UNTIL THIS REFEREMDOM IS HALTED…para phrasing what I read, re: Mercle from the North Germany throne!. Perhaps there is some understanding by these elite’s that you can control a few to a few hundred individuals — but, you sure as hell can’t control MILLIONS when they have a VOICE in matters of state!.. ie: their OWN destiny.  Can there be any doubt now that the times of “pitch-forks and torches” are nearly upon us again?..  VOTE in the streets…VOTE from your rooftop LOUDLY…

      FEAR seen in the beast is a wonderful sight to these old eyes! Perhaps “some peoples” have seen the path to salvation from this beast, eh?.. The “in your face” nature of these actions (re: vote) by the beast only serve to “open the eyes” of more sheepeople and convert them into “thinkers” once again. All these different “cause/effect” pairs only bring to mind the old book series “The Foundation”. There is a quickening towards the reckoning when EVERY breathing body on this blue marble is going to have to decide on a course of personal action — or, perish. When, in the course of earthly events, unshakable facts become self-evident; and, our gross food supplies are reduced by at least 10 to 20% overall, TPTB will be shown for what they truly are: puller’s of levers and pusher’s of buttons BEHIND THE CURTAIN without clothes. (now, where did I store that new rope???)… (See: DARK WINTER by John L. Casey).. Check-6

    • As you can see I am logged in but when I click the story about the Greece Referendum the page says I am not logged in.  Is it gremlins at work?  I can’t even link the story.  Frustrating comes to mind.  Of course we all know that a lot of Greece’s problems can be solved by printing their own currency.  At least they will own their own predicament after that.

      • @andrew-james

        yeah, i get the same thing. some stories i’m shown as logged in but others not. the SD site, or a outdated app or plugin ?????????

      • @ silver-nurse There are a few minor glitches in the word processing here from time to time as well.  Sometimes it takes several seconds for my keystrokes to appear.  Until further evidence is revealed I say its gremlins.

    • I get hassled all over the net. I think they SD are still under attack.  I can tell you a few websites where you can go load up on some free malware now if you are interested.

  • When it comes to China’s Shanghai Stock Exchange Composite bubble, there’s one thing that most people miss..

     

    TND Exclusive:  Eric Dubin |

    When it comes to China’s Shanghai Stock Exchange Composite […]

    • Hey, ever since the Russians, Chinese, etc., decided to form their own banking system, the AIIB, their stock markets have been under attack by the US of A and the EU.  Just like the Feds [Reserve?] has been controlling silver and gold, they are in an all out war to prevent the Chinese from getting approval for a reserve currency. Note: a good stock market and banking system are the foundation of a reserve currency.

      Now everything should make sense.  The Cyprus, Greek, Puerto Rico, crises are the giant internal cracks in the corrupt Western system.  I don’t think the system can survive both the internal and external “attacks” brought about by the years of corruption coming to fruition.

      • I am wondering the West financial vultures have something to do with the recent Shanghai Stock Exchange crash?  China needs to be very careful with it’s dealing with theses West financial vultures.

    • The Chinese market, shadow banking enterprises and PBOC remind me of the events, printing and sky high market valuation that lead up to the Lehman crash   These days of irrational exuberance seem to afflict many countries but China appears to be quite susceptible to this syndrome.

      • Off Subject AG,

        Concerning Greece. Go along with Troika, promise deep reforms, get more bail out money, buy Gold, tell the Troika to go F^^^ themselves, repatriate the Drachma backed by Gold and dance. Tell Russia the deal is on come put your Naval Base here and we accept the revenue from the gas pipeline. NATO is toast, Merkel changes panties and Draghi jerks off with eyes crossed!

    • @Ranger

      Merkel wears panties?   I was thinking either lederhosen or commanda.

      Greece is the gift that keeps on giving for us who have nothing better to do than opine. I speak for myself of course.  Isn’t it fun to watch bankers in deleriums?

  • Has CRUSHING inflation already arrived in many US cities?

    SD/TND Podcast Spotlight:  Wall Street For Main Street |

    Jason Burack of Wall St for Main St had on first time guest, money manager and financial […]

  • It’s unlikely China is the long.  As I’ve said before, the holdings can’t be used as a weapon because the COMEX can cash settle.  It’s also not likely considering geopolitical realpolitik.  It’s not in China’s interest to try to build said position as a weapon or even as a “permitted” holding against promises related to silver transactions from…[Read more]

    • You have identified the problem with the articles theory.  Comex can (and will) cash settle at the price of record when things go tits up.  Attempting to deliberately crash the comex is just shooting yourself in the foot.  After the crash the price of silver might be twice what it was just before the crash but no one involved in the comex circus…[Read more]

    • Ed_B replied 1 week ago

      “They’re smart enough to understand what’s going on with our global monetary system but dumb enough to try to play this game with paper silver.”

       

      On the other hand, when playing games, perhaps it is better to do so with paper than anything of REAL value?  😉

       

       

  • Imagine if half of the typical jobs in industrial societies were destroyed with the rise of automation and artificial intelligence. 
    Many academics are predicting we will see this unfold in the coming […]

    • I sure need to hit the books on the math. There is some truth there.  It’s no easy line to draw for where automation reaches a point of diminishing returns for humanity.  Once fast food replaces all of their workers they become vending machines instead of fast food joints.  You can vote for or against robots with your wallet.

    • Who will consume the products that robots make? As fewer and fewer humans can earn a living, fewer can spend money on products that robots make. We’re all watching the collapse of the modern world, fueled by lust for power, and greed for money.

  • Not so much…  They provide “entertainment” for the regulars (more so because people like to comment about him in general and not “entertainment” derived from reading his missives).  That represents website traffic.  But the articles don’t really pull in big traffic flow of new people.

  • In this interview with Wall Street for Main Stree, JS Kim discusses why unsound money is the root of all evil, how the long the people in power have been able to kick the can down the road, if China will go onto a […]

    • It’s all M.O.P.E.

      …and Dope.

    • Pertaining to buying and selling which be the merchandising of the truth we are ……………

       

      For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

      Woe to them! For they walked in the way of Cain and abandoned themselves for the sake of gain to Balaam’s error and perished in Korah’s rebellion.

       

       

  • I have made it very clear to Doc and Tyler that in my view, Bo Polny’s content shouldn’t be posted here.  He’s over-the-top promotional.  He attempts to sugar-coat his track record.  I don’t agree with his methodologies.  I could go on…

    I almost never come out in public and say stuff like this because people named can conclude I’m attacking…[Read more]

  • The basic technical analysis on this piece is only partially correct and I’m surprised given that this appears to be authored by Chris Martenson.  The primary support for the last couple of months is $15.50 and the March low slightly below $15.50 and neither levels were broken, and we are bouncing higher as I type in part because we didn’t come…[Read more]

  • There’s one thing that most people miss and it’s probably because most free chart services on the internet only go back 5 years.  If one looks at the period between 2007 and today, to some extent Chinese stock markets are just catching up with the bubble that has already been blown in the US.  It just took longer for Chinese stocks to react to…[Read more]

  • The payback-to-China theory has compelling logic.  But I think it’s more applicable to gold given the formal role gold will play (even without gold backing the renminbi) in building confidence in the Chinese monetary system and its currency.  That, and the fact that the People’s Bank of China doesn’t stockpile much silver as a monetary asset…[Read more]

  • You’re right.  And it sucks.  But it’s still true that despite nearly daily attempts to blast through $16 on more than just a 24 hour period for over two weeks, the cartel failed.  That is valid market intelligence.  It’s only now, what with the July COMEX contract due to settle in two days that they’re tossing everything at silver (and gold) -…[Read more]

  • The war in the silver Comex “pit” continues.  This is a highly unusual divergence:

     

    TND Exclusive Market Update:  Eric Dubin |

    When I saw the divergence start to develop, my first thought was […]

    • Pushing it below $16 has not been proven difficult today dropping it 25 cents below $16 in just a few minutes. They have all the control they need I’m sorry to say. My take…..with China’s plans for a solar future and it’s need for silver in manufacture in general, they are loading up as they did with gold and they will not give the “go ahead” for a price rise until they have as much as they can get. In my feeble mind I see China being “paid back” for all the absorbed U/S. debt and since the dollar won’t be holding very much longer, they are being paid in metal since the powers are simultaneously denigrating same to pump digital fiat. Only a very few are smart enough to see that gold and silver are the choice to make at these gift prices. Follow the money…..no, not the fiat, the REAL money!

      • The payback-to-China theory has compelling logic.  But I think it’s more applicable to gold given the formal role gold will play (even without gold backing the renminbi) in building confidence in the Chinese monetary system and its currency.  That, and the fact that the People’s Bank of China doesn’t stockpile much silver as a monetary asset (industrial stocks are different kettle of fish).

        There’s also another interesting way of thinking about “payback” logic and the US and China playing nice to each other.  The US has already provided the greatest gift of all – way more important that cheap gold in exchange for China being able to accumulate gold while recycling into US debt some of the dollars she gets from our purchase of Chinese imports.  The greed of the American business elite and the general short-term thinking that pervades our system helped to motivate:  1)  the granting of most favored nation status to China and liberalization of trade relations;  2) massive investment from American corporations transfering much of the technology that helped China compress 100 years of industrial development into 20 years while China demanded access to that technology in exchange for the cheap labor that American corporations lusted after.

        China has played the US quite masterfully, and our own oligarchy got richer along the way while selling out long-term US interests and the interests of the average American.

      • @Flying Wombat

        Thanks for the reply Wombat.

         

        I suggest that China is hotly collecting both metals, gold for economic controls and silver for manufacturing stability. I imagine they are accumulating vast amounts of both for obvious reasons. With their huge push for solar electricity generation, they would need huge amounts of silver. As you mentioned, the U.S. has been shifting jobs and wealth to the east for 20+ years. I believe it was for the sole reason of shifting power wealth and commerce from the bloated and overconfident west to the controlled and underpaid east. Who knows, perhaps this has all been planned to turn out exactly this way, and why China has taken on so much of our debt to begin with. I am a believer in a secret global plan orchestrated by the CFR/Bilderberg clan all along. They love the obedience of the Chinese and they loath the arrogance of the west, as well as the fact that we are a well armed citizenry.

    • Pushing it below $16 has not been proven difficult today dropping it 25 cents below $16 in just a few minutes. They have all the control they need I’m sorry to say. My take…..with China’s plans for a solar future and it’s need for silver in manufacture in general, they are loading up as they did with gold and they will not give the “go ahead” for a price rise until they have as much as they can get. In my feeble mind I see China being “paid back” for all the absorbed U.S. debt and since the dollar won’t be holding very much longer, they are being paid in metal since the powers are simultaneously denigrating same to pump digital fiat. Only a very few are smart enough to see that gold and silver are the choice to make at these gift prices. Follow the money…..no, not the fiat, the REAL money!

    • I have similar idea. The manipulation will end when the Cartel knows they are finished. Then they will serve their own interest by buying and there will be no looking back. Until then we can just stack, prepare,  and wait.  Be thankful for the time and low prices.

    • I have similar idea. The manipulation will end when the Cartel knows they are finished. Then they will serve their own interest by buying and there will be no looking back. Until then we can just stack, prepare,  and wait.  Be thankful for the time and low prices.

      Similar idea is if the Cartel is alive then prices will be manipulated down. Obviously the Cartel is alive for now.

    • I have similar idea. The manipulation will end when the Cartel knows they are finished. Then they will serve their own interest by buying and there will be no looking back. Until then we can just stack, prepare,  and wait.  Be thankful for the time and low prices.

      Similar idea is if the Cartel is alive then prices will be manipulated down. Obviously the Cartel is alive for no so predicting prices is kind of a waste of time.

    • I have similar idea. The manipulation will end when the Cartel knows they are finished. Then they will serve their own interest by buying and there will be no looking back. Until then we can just stack, prepare,  and wait.  Be thankful for the time and low prices.

      Similar idea is if the Cartel is alive then prices will be manipulated down. Obviously the Cartel is alive for no so predicting prices is kind of a waste of time.

      Better to discuss increasing or decreasing strength of the Cartel.

    • “Silver is once again demonstrating that pushing it below $16 is proving very difficult”

      Ugh, no it’s not difficult at all

      • You’re right.  And it sucks.  But it’s still true that despite nearly daily attempts to blast through $16 on more than just a 24 hour period for over two weeks, the cartel failed.  That is valid market intelligence.  It’s only now, what with the July COMEX contract due to settle in two days that they’re tossing everything at silver (and gold) – kitchen sink and all.  We see the settlement of COMEX contract periods as the most aggressive periods for cartel attacks.  It really isn’t surprising to see them bust $16 here.    Even if the cartel manages to test $15.50 or whatever further to the downside, based on how this cycle repeats nearly each and every month, the odds of quick repair on the other side of COMEX July contract settlement are pretty good in my opinion (and considering that physical demand remains very high and that it’s actually mainstream knowledge that we’re facing a probable silver shortage later this year). The July contract settles on June 25th.

        — Eric Dubin

    • In spite of everything else that is going on, the G / S ratio is now at about 74:1.  One can only wonder just how long this will hold.  This is quite a buy signal for silver, just as is Pt being priced about $100/oz. below that of Au.

      • Agreed. I made a silver purchase today for the first time in a while. I only buy on dips now and this dip under $16 is a pretty good buy point IMO.

  • @meanreverter – Did you intend for your comment to be posted on a different story?  There’s no discussion about tonnes, ounces, etc. in the above article.

  • Thanks.  I sent an email to Doc/Tyler about it.

    In the meantime, you might want to download “Freemake YouTube To MP3 Boom” (stick that quoted phrase into google).  You’ll love it.   You’ll be able to turn the youtube above into an mp3 and on any other YouTube video.  It’s a fantastic, freeware program.

  • Somewhere our founding fathers are spinning in their graves at a higher RPM than Junior runs at Daytona…

    TND Editor’s Note:  Marc Dice strikes again!  RT decided to run a similar poll on the streets of M […]

  • Barry, you god damn pussy.  You promised me you’d turn that rat invested country into a glass parking lot.

  • ThumbnailThe first salvos in the war on cash have already fired:  e.g., bank account withdraw limits; rules put in place to block withdraws from money market accounts and other accounts during a financial crisis;  charging […]

    • It’s not an assumption that a cashless society will boost the economy.  It’s a lie like all the lies about how QE will stimulate the economy.  A cashless society would allow the banksters another venue to steal from the public.  We need FEMA camps that’s for sure but for the banksters.

    • The rentier class insists on controlling every part of our lives including our personal private transactions. This is the absolutely best way to continue their skimming of our rapidly dimishing wealth, so as to fill their coffers with the blood and sweat of We, the people. By insisting we use an electronic means of purchasing our goods and services is as intrusive as having a banker and politician setting up camp in our bedrooms and bathroom, observing everything we do 24/7

      I just visited my dentist this AM and found that I need a $1,500  crown on a very old filling. I asked my doctor “What’s your discount for cash?’  He replied 10%
       Cool, excellent; a most superior arrangement. I love paying good people in cash. I might ask him if he takes silver but that is conversation for another day. I hope he does not run this through his books but rather, he uses it for something fun.

      One of the most important features of cash is that it creates a cone of silence; a blanket of anonymity that is a key hallmark of a free society.

      It’s bad enough that for the last 200 years virtually every bastard banker and son of a bitch politician has insisted on debasing the currency. Bankers want to railroad us into DigiFiat while  demanding trillion dollar tranche gobs of cash for their money laundering, human trafficking, drugs and terrorist operations against the people.

      Politicians demand bags of simoleons from their scummy cronies to finance their dirty little  child molesting, drug abusing, graft paying slush funds.  Don’t do what I do, do as I say do.
      Dennis Hassert is getting his just come uppance for paying his blackmailer $3,500,000, hush money, taken from his various bank accounts using structured withdrawals that are in direct violations of the very laws he and his POS conderates wrote years ago. The blackmailer was being paid so that this scum sucking crap sandwich coul cover up his perfidy as he molested boys while acting as high school wrestling coach as well as his time as a career pederast during his terms as a congressman. Our tax dollars went to paying the salary of this bastard while he bent over his pages. He was caught by the same surveillance system he voted for. That insult to freedom is called the Patriot Act.
      BTW Where did this inexecrable piece of human filth come up with $3,500,000 to pay a blackmailer? Don’t answer that. We can guess.

      I plan to continue to do exactly the opposite of everything that is demanded of me by the politcians and banksters.  One of the best means to counter the terroristic efforts of these two groups is to get into cash, stay in cash and pay in cash whenever possible.

    • $1.500 for a filling  !!!  what’s the crown made  CF 252 ???

    • @~~good@evil~~:<   A crown is not a filling.  It is custom crafted replacement for a cracked molar and a 40 year old filling that was in peril of falling apart.  If that happened I’d be set up for a root canal, about $4000 or so cash money,  since we do have dental insurance

      This crown was 3D printed right in the office so I was in and out in 90 minutes.  The old filling was dental amalgam and comprised partly of mercury, not something you want in your system.  It was worth every penny of the $1,350 I paid, just yesterday, and with no pain or residual discomfort I strongly recommend the 3 D printing of molars made of this silicate material that is harder than the original tooth.

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