flash smashThe prevailing view in the gold community is that banks are speculators who bet on a falling price.
To begin, they commit the casino faux-pas of betting on Do Not Pass at the craps table.
When everyone wants the price to go up, the banks seem to want it to go down. Uncool.

GoldCore: Where has all the liquidity gone?

Where did all the liquidity go? Photo: Ryan Brennecke

Why does the lack of liquidity in bond markets have many of the world’s top economic opinion-makers worried?  
Ben Wright writing in the Telegraph reports on the voices in “
the chorus of doom” and explains why the evaporation of this liquidity in the global fixed income market signals “a warning shot across the bow”…

9/11 hasn’t totally killed the U.S. Constitutional Republic, but it has set the stage for the next reaction to another attack.
Why is Islamic terrorism is exploding like a cancer? The average French citizen has no idea why, as Thierry Meyssan explains.  — Eric Dubin, Managing Editor, The News Doctors​

Click Here for Full Coverage at TND:

stormfrom Greg Hunter:

Precious metals expert Mike Maloney says we are experiencing a “rollercoaster crash.” Maloney explains, “The second half of the economic storm that started in 2007 and crashed in 2008, we’ve been in the eye of the hurricane from 2009 until today.  The second half of this economic storm is about to start.  I believe in 2016, we are going to see something happen, and 2017 will probably be pretty bad for the general economy. . . . If we have a currency crisis, a recession, and this changing monetary system all together, it will be absolute chaos.

plungeMany will chuckle at the proposition of Western gold market failure and note that the price of gold has gone nowhere. If the markets are in collapse due to lack of available of gold, then where is the price action exploding to the upside?

FarageThe Fed may well raise in December.  But if it does, it will throw the U.S. economy into a depression that will make the 1930’s depression look fun.
Having said that, I believe that the sudden and covert meeting called for Monday is nothing more than an opportunity to use a hike in the meaningless discount rate to jawbone/frighten the market…

Interest rates across the developed markets have been kept at emergency levels (and all time historical lows) for seven years.
Do we think that allowing banks to access essentially free money is more or less likely to give rise to the sort of mal-investments that caused the financial crisis in the first place?

If you believe that the answer is ‘less likely’, there is a job at your local central bank with your name on it. (It will help secure the position if you have previously worked at Goldman Sachs.)

Terrorist” was originally a term used to describe the government officials who created and executed these oppressive tactics under the guise of keeping people safe from their enemies.
Governments have a dangerous tendency to never let a serious crisis go to waste.

Can you believe this nonsense? The one U.S. department given the most important prosecutorial powers in the country actually spelled out in its own manual that federal prosecutors and corporate leaders typically share common goals.”

UntitledThe only question now is how far will the bullion banks have to stretch the paper game in order to keep the price contained and the interest from the hoi polloi in gold subdued.   
The insane degree of intervention in the markets reflects sheer desperation by the manipulators to keep the wheels on the system.
When the intervention fails, the reaction by the markets will be spectacular to watch.

Jamie DimonIf the government’s official statistics are to be believed the U.S. economy is moving full steam ahead. Consumer are spending, the job market is expanding, real estate has recovered, stocks are soaring and the U.S. dollar is stronger than it has been in a decade. But if you have yet to realize it, billionaire investor Eric Sprott says it’s all a lie. The manipulation of precious metals, coupled with the supply and demand fundamentals which Sprott says will lead to shortages over the next few years as mining companies reduce output or close up shop, will leave many investors who think their gold holdings are easily convertible to physical assets with nothing more than depreciating Yellen Bucks at exactly the moment they’ll need precious metals in their possession.

Has ISIS struck on US soil?

At least 16 people were shot in New Orleans, Louisiana when gunmen opened fire on a crowd of hundreds of people gathered in a playground for a video filming. Local media describe a chaotic scene, with the injured on the ground and ambulances rushing away.

Source: Nanex

Source: Nanex

With Gold and Silver Smashed to Half Decade Lows This Week, PM Fund Manager Dave Kranzler Joined the Show As We Break Down All the Action, Discussing: 

  • 17 Days in a Row With Downside Action For Silver- Longest Losing Streak Since 1950!
  • Kranzler Explains Why: There’s Something Very, Very Wrong Going On Behind the Scenes, Fed is Trying to Keep it Contained
  • Copper & Baltic Dry Index Screaming Next Financial Crisis Has Begun?
  • Kranzler Warns: We Are Going to Reach a Point Where it Will Become Next to Impossible to Acquire Physical Gold & Silver on the Open Market

    The SD Weekly Metals and Markets With The Doc, Eric Dubin, and Dave Kranzler is Below: