Gold And Silver – BRICS And Germany Will Pave The Way

Austria has already picked sides, with Russia, for the economic writing is on the wall.
Germany also is not about to jeopardize its long-established business ties with Russia.  At least 3,000 businesses are linked to Russia, and they are not being quiet in their displeasure about any sanctions against Russia by the US.  Further, Deutschland is increasing its economic ties to and with China.  Between these three powerhouse nations, it is all about business and economic growth.  With the US, it is all about fiat debt and war with little to no concern about which country[s] the US alienates in order to support its flailing and failing debt addiction.
Throw in the NSA spying scandal the US has and continues to wage against Germany, add the you-will-get-your-[non-existent]- gold when we say you can have it, and the clock it ticking as to when Germany says, “Genug ist genug!”  Many measures have been taken that demonstrate a growing rift between these once-solid allies, and the only thing standing in the way of a complete breakaway is Chancellor Merkel, whose days are numbered.

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MH17 Will Usher in a Completely New Kind of War– One the US Cannot Win

gunThe MH17 disaster is so bad that it’s made people forget about the roving army of fanatics that has taken over half of Iraq and parts of Syria in their quest to build a global caliphate.
This is much bigger.   And there’s so much pent up tension between rising powers right now, there’s serious risk of it turning into a much greater conflict.
It seems ironic that the world was in a similar situation exactly a hundred years ago.
Just like a century ago when waning British power invited a power struggle among rising nations, waning US power is creating conflict with Russia, China, etc.
A century ago, they settled it on the battlefield.   Everyone knew war would eventually come to Europe.   But the great miscalculation was they presumed it would be just another 19th century limited war.
It was anything but.  The great war brought brutal mass killings, bombings, heavy artillery, gassing, etc.   And it changed warfare forever.
This time around, the way we conduct war is different.   Similarly, leaders are miscalculating, thinking that they can scare their opponents with warships and fighter jets.
But modern warfare isn’t fought with boots on the ground.  In 2014, cyberwar and economic war looms.

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New York Launches BitLicense Proposal – How Bad is it?

NY DFS RELEASES PROPOSED BITLICENSE REGULATORY FRAMEWORK FOR VIRTUAL CURRENCY FIRMS
Framework Includes Consumer Protection, Anti-Money Laundering, and Cyber Security Rules for Virtual Currency Businesses
Proposed Regulations Submitted for a 45-Day Notice and Comment Period to Solicit Public Feedback

We all knew this proposal was coming whether we wanted it to or not.
Importantly, the proposal itself is a testament to Bitcoin’s incredible success in the first place.
The fact there is a proposal at all will be very bullish for the Bitcoin price itself.
The sooner these rules are finalized the sooner Wall Street money will plow in. And plow in it will.
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TOP GOLD MINERS: Yields Fall To The Lowest Levels Ever

freefallWith the results for 2013 finally in, the top gold miners average yield fell to the lowest level ever. 
This is a surprising development considering that the average price of gold dropped to a low of $1,411 in 2013. 
Normally when the price of gold falls, gold miners switch to higher grades to remain profitable.
However, the top five gold miners’ average yield declined another 5% in 2013

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Globalist Mouthpiece Calls For The Entire Planet To Adopt The ‘National Identification System’

facial recognition big brotherWould you like to have a digital identity card that is automatically issued to you at birth? 
In one European nation, residents use such a card when they go to the hospital, when they do their banking, when they go shopping and even when they vote.  This card has become so popular that this particular European country actually plans to start issuing them to millions of non-citizens all over the planet who request them.
The Economist, a well-known mouthpiece for the global elite, is calling for the entire planet to adopt this “national identification system” that the little nation of Estonia has adopted. 
The Economist is touting all of the “benefits” of a “national identification card”, but are there dangers as well?  Could adopting such a system potentially open the door for greater government tyranny than we have ever known before? [Read more...]

They call them ‘junk bonds’ for a reason…

The bond environment, ranging from high yield nonsense to government nonsense, is now fraught, littered with uncertainty and unexploded ammunition, and waiting nervously for the inevitable rate hike to come (or bracing for a perhaps messy inflationary outbreak if it doesn’t).
They call them ‘junk bonds’ for a reason. They now constitute an offence against linguistic decency: ‘high yield’ no longer even is.
Consider the chart below:

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The Precious Return of Investment

bankrobberyThe financial powers, in the name of government treasuries (along with the IMF) have a keen eye trained on the lowest hanging fruits of monetary assets.
What was once unthinkable is fast becoming a reality as bail-ins promise to morph into the confiscation that only precious metals investors have been known for fearing.

They are coming for your ASS(ets).

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Alasdair Macleod: Monetary Discord

gold or fiatWith the knowledge that the BIS is not in thrall to Keynes and the monetarists, we can logically expect that Caruana and his colleagues at the BIS will be placing a greater emphasis on the future role of gold in the monetary system. Given the other as yet unstated conclusion of the Mises-Hayek-BIS view, that paper currencies are in a doom-loop that ends with their own destruction, the BIS is on a course to break from the long-standing policy of preserving the dollar’s credibility by suppressing gold. [Read more...]

Trading the Ratios and Swapping Gold for Silver

silver coinToday’s silver price is significantly below the historical 1980 high in silver prices and well behind the historical gold to silver ratio.  Silver has a 200% increase in price before it reaches a new high, and this is before calculating real inflation.   Gold is a bit further along, though still comparatively undervalued.
Trading gold for silver or vice versa makes some sense as long as the ratios are extended out to extreme ranges and that the products match up relatively speaking in terms of premium.
The truly interesting ratios lie below the surface.  They can be found in the relative buying patterns, the movement of physical metal in and out of the COMEX and the relative size of the derivative positions held net short by the largest (bullion) banks.
The Investment of a Lifetime:
Silver is rare, inexpensive, and a protection against inflation. It is poised for one of the best bull runs in history.  Yet unlike an actual “bull run”, the move in silver will be a readjustment to reality after years of fantasy pricing.

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Eric Sprott: The Ongoing Rot in the Economy

sprottThere is clearly no recovery…
If one looks past headline figures, things are not really getting better.   Real disposable income per capita in the U.S. has increased only modestly since the Great Recession. However, all of this increase is due to Government Transfers, not from an improvement in the real economy. If we exclude those transfers from the numbers, disposable income per capita is actually lower than it was at the end of 2005 and has been painfully flat since 2011. Also, those numbers assume that the headline Consumer Price Index (CPI) accurately represents people’s purchasing power.

In this Markets at a Glance, we investigate the U.S. consumer and show that for a large portion of the population, things are not anywhere close to being better, in fact they are worse than before the recession. [Read more...]

Jim Willie BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!

It is finally happening in full view, in unmistakable manner, in a way that the awake, the aware, and the conscious can perceive in alarming stunning terms.
The central force of Europe, the industrial juggernaut, the stable core, has begun to pivot East.
The Germans have had enough, fed up with destructive US activities of all kinds.   For the last few months, they have been laying out their indictment, their justification, their reasons to abandon the corrupt US-UK crowd.   The bank wreckage, the market rigging, the endless wars, the sanctions which backfire, the sham monetary policy, the economic sabotage, the spying, the gold gimmicks, it has finally reached a critical level. 

Germany has begun to move East in full view.   Only the deaf dumb and blind cannot notice, and they will probably never notice. They are fodder. 
The awaited signals seen by the Jackass have finally arrived.
Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China. The justification is becoming plainly laid out, in four perceived indictment charges. 
Germany will break from US/UK and its USDollar fiat currency regime over four primary thorny issues: [Read more...]

GATA Chairman: JPM Has RUN OUT of Physical Silver- Most Explosive Gains of Entire Bull Market Ahead!

Play

GATA Chairman Bill Murphy joins The Doc & Eric Dubin on this week’s show to discuss: 

  • Why Murphy believes JPMorgan accumulated vast stores of PHYSICAL SILVER into the 2011 top while shorting the paper market, and has used the physical stockpiles to smash silver lower over the past 3 years- resulting in a paper fortune for JPM, but that the market action over the past 2 months indicates JPM has RUN OUT OF PHYSICAL SILVER to manipulate prices down!
  • Gold & silver’s trading in the wake of the MH17 tragedy- Murphy explains why the cartel never allow the PMs to hold their gains from an international crisis
  • Big money responds to early week take-down of gold & silver with massive physical buying- signs we may be in the early stages of a massive sustained run for the metals
  • The GATA Chairman provides his current outlook for gold & silver, and states that the next rally will see the most volatile and explosive moves to the upside for gold & silver of the entire bull market!

The SD Weekly Metals & Markets With The Doc, Eric Dubin, & GATA Chairman Bill Murphy is below: 

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THE GUERRILLA ECONOMIST V’S INTERVIEW WITH 4 STAR GENERAL -THE END OF THE UNITED STATES BY 2017

TEOTWAWKISteve Quayle’s European banking source “V” has released an inside interview with a ranking 4 star general, who reveals that the coming planned complete collapse of the US dollar will result in the end of the United States of America by 2017!
V’s full interview is below: 
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The NEW Silver FIX — Alasdair Macleod

Silver fixIn this excellent interview with the SGTReport, gold expert Alasdair Macleod discusses Friday’s news that the CME and Thomson Reuters have been chosen to run the replacement for the 117-year old London Silver Fix.
But the new boss is the same as the old boss, because it looks like the new system is little more than an ELECTRONIC FIX – so there will be NO free market mechanism allowed to set the REAL, MARKET price for silver.
We also discuss the startling fact that according to Jeff Christian’s CPM Group, $5 TRILLION of silver circulated globally last year — that equates to $5,000 per ounce silver if all that paper had to be backed by PHYSICAL… 
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Alasdair Macleod’s Market Report: Sharp Consolidation

silver crashBefore Thursday’s rise in bullion prices, precious metals were in corrective mode this week after recent rises.
There were two big stand-out sales of gold contracts on Monday, estimated to be about 5,000 contracts at the European opening, and 15,000 on the US opening. The combination of the two sales drove gold down over $30, and on Tuesday a further sale of 15,000 contracts drove the price down to a low of $1293 for a total fall of $45.
This negative action occurred at the same time as a new banking crisis was developing in Portugal, with Banco Espirito Santo getting into financial difficulties.   For many gold traders, this suggested these large sales were price intervention to maintain confidence in the financial system.  For this to be true, Open Interest would have expanded on Comex reflecting new opening bear positions.
As the chart below clearly shows this cannot have been the case.

 

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