end-collapseThe cartel hit gold hard again this week, selling $1.5 BILLION in paper gold into the market in ONE MINUTE and as Bill Holter notes, “$1.5 Billion of gold is close to 2% of global production and to see that sold in one minute is laughable.”
Bill asks, “Who has that amount of gold to sell?  And the answer of course is almost no one. 
But as the bond market and rising LIBOR rates are telling us, the system is coming apart at the seams and the coming collapse will cause “our entire world to change…

war-battle-game-fightThe investment industry was created totally separate from the banking industry “way back when” because the bankers were caretakers of ALL of the money everywhere and all they had to do was simply “shepherd” the cash and make diligent choices as to who would be lent money with funds that depositors owned.
The people that created the “investment industry” were so reviled by the bankers that they would actually ignore each other at social engagements and actually get into fistfights at sporting events.
Bankers were the “elite” and investment dealers were “salesmen” and never the ‘twain would meet—until 1987…

smashA Very Bad Year for Globalism
2016 is one of the worst years for the globalist agenda in decades.  Think about it: first Trump wrecked most of their US candidates, then Brexit tore the EU plutocrats a new orifice, and there’s still over 4 months left to go!

Every time that globalism has been defeated, it has been at the hands of nationalist and populist revolts among the “peasantry”, and another such defeat is now looming for them in Europe, and they know it!
In today’s article I’ll tell you what will likely happen in their next defeat, and what’s more, I’ll give you the date on which it will occur:

explode-fire-hot-smokeWe’ve often documented here the obvious Fed Goon strategy of jawboning and lies in an effort to prompt the “markets” to do what they’d like them to do.
The ridiculousness of Friday may have set a new standard by which future verbal interventions will be measured…

Play


Whiplash in the Gold and Silver Markets As Yellen Yaps At Jackson Hole:
fire-hot-smoke

  • Good Cop, Bad Cop: Fed Gooses, Then SMASHES Gold & Silver
  • Flying By the Seat of Their Pants – How Much Longer Can The Fed Keep the Markets in the Air?
  • After 6 Months of Falling Premiums, This Silver Indicator Just Experienced An Inflection Point…The Doc and Dubin Break Down Jackson Hole & Today’s Crazy Market Action Below:

goldWithout gold or some stabilizing hard asset, bubbles are blown and entire generations are misdirected by irrational thinking that leads to wasted biological time and energy.
It is unlikely you would loan your hard-earned savings of gold bars to your pot-smoking neighbor so that he could get a degree in social science and then purchase a house three times bigger than he needs or can pay for, and yet, your government took your paper money savings and did just that.
 

Complexity is purposely built into the architecture of all paper money systems making it difficult for you to understand how they could do such a thing and, more importantly, how you will ultimately pay the price…

fall plungeAlthough at first sight it looks like we are being presented with a buying opportunity in the precious metals sector, which has reacted back over the past couple of weeks, we have to careful here.
There has been no major correction in this sector all this year, which is inflated after months of rallying, and we will look at some evidence here that the correction may have considerably further to go…

explode-volcano-bankersThat big decline we just experienced is probably the intern bottom here for another rally which will extend for quite a long time.”
In this week’s critical Market Update, Eric Sprott assesses the recent pullback in the metals and miners, and discusses the context and reaction to Chair Yellen’s speech at Jackson Hole, and WHIPSAW in gold and silver prices…

bull-marketThe junior gold miners and explorers have soared dramatically in an amazing year, before falling hard this week.  This sharp correction is doing its job in rebalancing bull-market sentiment, crushing greed and leaving traders wary of this sector.  But gold juniors’ recently-released second-quarter financial and operational results prove their fundamentals are strengthening dramatically, a very bullish omen for stock prices.

smash-downThere was another interesting development last night. An exceptionally high 20,966 Comex December contracts were exchanged for physical (EFP). EFP transactions happen all the time, but this was a JUMBO deal. We don’t know the reason, which is most probably technical, but it could be linked to the sale of 10,000 contracts the day before.  Most exchanges would automatically initiate an inquiry to ensure that there is no market rigging involved in a $2.8bn deal.  Dream on…