monster-boxes silverWhile the Silver Institute’s 2015 projection of silver coin demand of 129.9 million ounces squares generally with our projection of 125.2 million ounces, their overall coin and bar demand does not.
We would estimate that if government mint coin demand demand is up 21% in 2015, privately minted silver rounds and bars would be up by at least that much.

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.”