Jim Willie gunThe mainstream is on an academically-driven mission to politicize conspiracy theories and lump them all into the same category.
While gold and silver manipulation is an ancient conspiracy fact, eyes are wide shut to the general awareness in the face of one revelation after another.

mali goldGold is the only money (gold – silver ratio must float) as everyone has known for millennia. Today most people have more or less forgotten this unique role, Western central bankers have tried for a century to put lipstick on a pig, so to speak.
By deceiving us, they deceived themselves and began to believe their own nonsense.   A historical failure and on a global scale looms. We need to recognize it in order to find the impetus beneath our feet allowing us to arise from the depth of this graveyard.
BRICS countries do not necessarily need the West to initiate this new settlement system.  It must be noted in this respect what it can supersede. The dollar currency and U.S. Treasury at the foundation of famous “petrodollars” are replaced by the Gold Bills that will allow buying oil.
The new system will likelydecouple these two functions. The income function can be brought (at appropriate time) by introducing gold bonds, that is to say bonds denominated in gold weight (ie not merely an obligation backed by gold collateral denominated in fiat currency – a.k.a. gold backed bonds), with interests denominated in gold weight and whose principal is redeemable in gold weight. 

gold standardFundamentals create charts, and when those fundamentals change, the picture on the charts changes quickly.
The precious metals world changed in 2013.
A gold bull market in gold ended, and a gold bull era began.

Lloyd BlankfeinIn February, I highlighted the fact that subprime loans were about to make a return in my piece: Subprime Mortgages are Back…This Time Marketed as “Second Chance Purchase Programs.” In that article, I posited that with the “all cash” private equity shops and hedge funds no longer able to make good returns through buying new homes to rent, these investors would need some sucker to sell to in order to realize a return (Blackstone’s purchases have plunged 70% recently). That sucker, as always, will be the retail muppets, and those muppets will be lured in through subprime. This is now starting to happen in earnest.

Fed whistle blowerIn what is the most ironic of any of the NSA Prism-gate revelations to date, NSA Whistle-blower Russ Tice has revealed that the NSA began targeting President Obama in 2004 prior to his run for the Illinois Senate seat.
Tice states that the NSA targeted Obama, his spouse, his entire family, and all of Obama’s staff members, and that the monitoring was NOT simply meta data, but that Obama’s communications were targeted by the NSA:  “24/7, word for word what was said and typed into their emails.  Was Obama blackmailed?  I don’t know the answer to that, but what is the justification for Obama turning against his campaign promises and his supposed love for the Constitution?

We Are Change’s full MUST WATCH interview with NSA whistle-blower Russ Tice is below:

Shangahai Futures Exchange Silver Inventories April 18 2014In the past week, the Shanghai Futures Exchange suffered another large withdrawal of silver from its warehouse stocks. 
The Shanghai Futures Exchange has had another 41 metric tons (1.3 million oz) of silver withdrawn since April 10th. 
Silver inventories have declined to their lowest levels since the exchange started building its silver stocks in August, 2012.

china goldIn a MUST SEE interview with Bloomberg, Albert Cheng, the World Gold Council’s Managing Director, Far East dropped 2 bombshells regarding Chinese gold demand. 
First, Cheng revealed that nearly every Chinese Bank is now selling gold over the counter directly to the public, and Cheng also made the shocking revelation that over 100,000 gold dealers are now selling gold to the public in China.
To put this number in perspective, the number of US retail locations for McDonalds, Subway, and Starbucks COMBINED… are only 50,000!

Harry ReidWith BrightSource Energy donating cash to Harry Reid’s political slush fund, and with Harry Reid in control of the BLM via Neil Korntze, it should be pretty clear why Harry Reid has pro-actively taken a public stand and unleashed verbal violence on the BLM/Bundy battle.    I have a good hunch he’s close to getting a big solar deal clinched from which he’ll stand to make a lot of money eventually and he needs the Gold Butte piece to cement the deal.
That truth is, given Harry Reid’s history of abusing the power of his Senate seat – Reid is the one who is the terrorist.

JP MorganThe US recovery is so strong, that Family Dollar is closing 370 stores!
When I learned of this, I was quite stunned.
If nothing is done about the long-term trends that are slowly strangling the middle class to death, this will just be the beginning.
We will see millions more Americans lose their jobs, millions more Americans lose their homes and millions more Americans living in poverty.
The United States is being fundamentally transformed, and very few people are doing much of anything to stand in the way of this transformation. Decades of incredibly foolish decisions are starting to catch up with us, and unless something dramatic is done right away, all of these problems will soon get much, much worse. 

OLYMPUS DIGITAL CAMERAIf you were to base your decision-making on news alone, one is not making any money from buying gold.  Does that mean one should refrain from buying it?  The best answer comes from knowing your objectives.
If you want security from the out-of-control fiat spending of all Western governments, then yes, this continues to be the time to buy gold, [and silver].  In addition to the insane and unprecedented creation of “money out of thin air,” world-wide events are turning darker and darker.  Gold and silver remain one of the best means for attaining financial peace of mind, and one of the best forms of wealth preservation.  In this regard, price is of no consequenceOwnership is.  
Stay the course.

gun forcedIn this interview with Finance & Liberty’s Elijah Johnson, Greg Mannarino makes the incredible claims that the DOW may be about to collapse to 4,000, gold & silver are set to EXPLODE, & states that the US dollar is about to die, and be replaced by the Yuan as the global reserve currency. 
Mannarino’s full interview on the coming complete collapse of the dollar & US market is below:

gold volcano eruptionAll of a sudden, the Ring of Fire is starting to tremble violently.  Last month, we had a whole bunch of major earthquakes along the Ring of Fire, and this month volcanoes all over the Ring of Fire are erupting.
If you are living along the west coast or near one of these volcanoes, your life could literally change at any moment.

silver pricesIn western capital markets there is a widely-held view that a deteriorating economic outlook will provoke a run from commodities into cash, so those who regard gold as only a commodity are bearish but have almost certainly already sold. The four billion Asians who own most of the world’s gold take a different view, having learned through experience that their currencies collapse instead.
This sums up the opposing forces behind the gold price.  In futures markets the bets are in favour of shorting, while the Asians continue to buy physical. And this is why yet again, the London gold forward rate (GOFO) went sharply into backwardation last Friday when futures markets forced prices lower.
Prices for gold and silver sold off last week, with gold falling from a high of $1331 to a low of $1286 on Tuesday, and silver went as low as $19.22 at one point.
Silver’s open interest on Comex has been building and is now close to all-time highs at over 164,000 contracts. When the tide turns, silver should be the star performer.

“Former Assistant U.S. Treasury Secretary, Paul Craig Roberts, speculates that the U.S. Government has recruited its satellite countries, like Belgium, to compensate for the ‘tapering’ being done with purchases of U.S. Treasuries by the Federal Reserve.”

Indeed, “Tiny” Belgium is now the holder of the third largest Hoard of U.S. Treasuries. Fancy that!
It appears the Fed’s “Tapering” is being at least offset by Belgian Buying.
This and other shenanigans like Bogus Official “statistics” make the 2013 Equities Bull Run and the recent Equities Market Sell-Off unsurprising to us.
Deepcaster Unspins the Spin below:

stormGold has made its way down again, to around 1,300 per ounce this month. Rick Rule, Chairman of Sprott Global Resource Investments Ltd. says that a few years out, you will be happy you stuck with gold.
For context to today’s downturn, look back at the great bull market for gold in the 1970s’.
During that time, gold rose from $35 per ounce to around $200, and then came crashing down to around $100 per ounce. Weak hands, who lacked the courage or the financial strength to hold on, sold their gold. It was a disaster for them, but a great opportunity for investors who believed in the metal.  They were able to enjoy an 850% gain over the following five years. The ‘anti-gold’ investors watched as gold soared.
The next time gold soars, anti-gold watchers may not simply watch…they “will be destroyed.”

silver miningThere is an insidious Dark Side to the silver mining industry that goes unnoticed by the majority of investors and analysts.  Actually, I haven’t come across one miniyng analyst who puts out comprehensive data on this very subject for the silver mining industry.
According to my figures for 2013, the top primary silver miners suffered the lowest average silver yield ever.  That’s correct… another year of declining ore grades and yields.
For those analysts who believe the price of silver is heading lower in the future… the falling yields and increased costs will prove otherwise.

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launch rocket verticalLondon expert Alasdair Macleod returns to the SD Weekly Metals & Markets with his brilliant PM analysis, including:

  • Chinese 2013 gold demand 7,603 tons- More than DOUBLE Global Supply & mainstream estimates!
  • Macleod states that China’s total gold reserves (public & private) may be between 10 and 25,000 tons of gold!
  • Vaulting companies have never seen a 1 kilo (9999) gold bar- not one ounce is leaving China!
  • Gold being delivered from Western vaults has turned dirty- (barely .9 gold):  Bullion Banks Now Scraping the Bottom of the Vaults to Source Asian Gold Demand!
  • Swiss Refiners are working 24/7, with up to 20 tons a day being sourced to China via Switzerland alone!
  • We discuss plunging GOFO rates: Macleod explains that the London Market has been Effectively Cleaned Out of Gold Below $1300, & that No One is Willing to Arbitrage the Negative GOFO Because There is No Bullion Available! 
  • Alasdair provides his short & long term outlook for gold & silver, & states that Paper Currencies Face Ultimate Collapse, and that the Coming Loss of Confidence in the Dollar Could Propel Silver to $75!

A Special Extended Edition Metals & Markets With Alasdair Macleod is below:

gold bullJay Taylor understands why investors in gold and gold equities are consumed with caution. But the publisher and editor of J. Taylor’s Gold, Energy & Tech Stocks and host of the radio show “Turning Hard Times into Good Times” urges them not to lose sight of the big picture.
The big, bull-market picture. Gold juniors with cash and good projects are trading at tiny fractions of their worth. But not for long. In this interview with The Gold Report, Taylor argues that we are on the cusp of a bull market for the ages and suggests eight junior candidates for mind-blowing multiples.

EBTDid you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million?  In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system.  And did you know that nearly 70 percent of all of the money that the federal government spends goes toward entitlement and welfare programs?  When it comes to the transfer of wealth, nobody does it on a grander scale than the U.S. government. 
The following are 18 stats that prove that government dependence has reached epidemic levels…

fiscal cliffThe lofty stock markets are starting to wobble, with selloffs’ frequency and sharpness increasing.  The dominant reason the Fed’s stock levitation is running out of steam is severe overvaluation.  Stocks are just far too expensive today compared to historic precedent, a dangerous state seen when bull markets are topping. 
Rampant overvaluation is a glaring warning sign to investors that selling is just beginning.