Unconventional Finance has released an interview with former GATA member Bix Weir discussing the new entrance of Citibank into the silver derivative market for the purposes of continuing the price rigging operations, as well as Weir’s belief that a massive silver shortage will soon hit the market.

Full interview below:

In less than two years, the Chinese Mint has increased the production of its 1 oz Chinese Silver Panda 1233%,  from 600,000 per year to 8 million in 2012.

Even though this is certainly a massive increase in just two short years…. this may only be the beginning of something really big that is being planned by the Chinese Mint.

According to Louis Golino’s article “China Strives to Make Silver Pandas as Popular as American Silver Eagles“, we have just begun to see just how many Silver Pandas the Chinese plan on minting.

In his latest update, former Bear Stearns trader Greg Mannarino states its time to level the playing field between the average Joe and professional investors.    Mannarino notes the vanishing volume in the equities markets, states the stock market is getting ready to roll-over, and states the bottom-fishers’ cash will wind up in the pockets of professional investors.
Mannarino states it is now time to exit the equities markets and plow the proceeds into PHYSICAL GOLD AND SILVER to protect your assets from the 1-2 punch of the coming massive equities correction along with dollar devaluation courtesy our friends at the Fed via QE∞.

German Federal auditors handed in a report slamming the Bundesbank for not inspecting their foreign held gold reserves to verify their book value. The report says the gold bars “have never been physically checked by the Bundesbank itself or other independent auditors regarding their authenticity or weight.” Instead, it relies on “written confirmations by the storage sites.”  The lion’s share of Germany’s gold reserves (nearly 3,400 tons estimated at $190 billion) are housed in vaults of the US Federal Reserve, the Bank of England and the Bank of France since the post-war days, when they were worried about a Cold War Soviet invasion. The Bundesbank stated, “There is no doubt about the integrity of the foreign storage sites in this regard”. In contrast with best industry practices Germany’s gold reserves do not seem to be independently verified by a third party. Philipp Missfelder, a politician from Merkel’s own party, has asked the Bundesbank for the right to view the gold bars in Paris and London, but the central bank has denied the request, citing the lack of visitor rooms in those facilities, German’s daily Bild reported. The Bundesbank won’t let German parliament members inspect the German gold vaulted abroad because the central bank vaulting facilities supposedly lack “visiting rooms. And yet one of those vaults, the Federal Reserve Bank of New York, offers the public tours that include “an exclusive visit to the gold vault”.

Less than a month ago news broke that 10 PAMP gold bars filled with tungsten had been discovered in Manhattan.  An SD reader then discovered a Chinese firm openly promoting the sale and production of tungsten filled gold bars and coins.
The tungsten filled gold scandal has just gotten exponentially larger, as an Australian Seven News investigation discovered 300 fake Perth Mint gold bars and uncovered a Chinese gold ‘forgery factory’.

The investigators were able to purchase 300 Chinese sourced 1oz gold bars for a total of $300- and to no one’s surprise, when the investigators melted down the bars, all 300 were discovered to contain roughly the same gold content as Fort Knox

Submitted by Cleburne61:

The self-doubting going on around the metals community recently about the facts of manipulation are, after all this time, downright annoying.

Ted Butler’s point has always been that what’s occurring is manipulation not because the spread positions and hedges are unbalanced, or because it’s naked shorting, but because there exists a grossly disproportionate concentration and collusion of positions within the bullion bank activities in silver.

As of two weeks ago, JP Morgan alone held more than 1/3 of ALL short positions in COMEX silver.  THAT is concentration that would’ve blown the Hunt brothers’ minds.

Fabian Calvo buys and sells a $100 million worth of distressed mortgage debt and property a year.  He says, “We haven’t even scratched the surface of being at the bottom of the housing market.”  Calvo predicts, “. . . massive default and massive foreclosures after the election.”   Calvo is an outspoken critic of crony capitalism on his “Fabian4Liberty YouTube channel that has nearly 2 million views!  Calvo says, “You have to flush out mal investment to get the economy working again and to rework the Constitutional Republic, you have to flush out the criminals who have hi-jacked it.”

In his latest update, former Bear Stearns trader Greg Mannarino states he expects further weakness in equities as well as gold, silver, and oil.   He states the current pullback in the metals is a GIFT, and should be met with strong accumulation by precious metals investors.
Mannarino discusses the importance of remaining detached from your investments, and states that investors should expect massive volatility in the next few months and should remain prepared to capitalize on further price weakness in the metals.

Mannarino stresses that what happens in the short run with the metals DOES NOT MATTER, the equities and treasury bond bubbles WILL BURST, and will DESTROY investors that are not protected with gold and silver.

The International Monetary Fund’s paper, “The Chicago Plan Revisited” by Jaromir Benes and Michael Kumhof highlighted a means to wipe out debt by legislation by using state created money to replace the private banking system and was commented on in The Telegraph by journalist Ambrose Evans-Prichard. In sum, the paper illuminates on a plan created in 1936 by professors Henry Simons and Irving Fisher during the aftermath of the US Depression. It examines how money  created by credit cycles leads to a damaging creation of wealth. 
Authors, Benes and Kumhof argue that credit-cycle trauma – caused by private money creation – has been around forever and lies at the root of debt catastrophes as far back as ancient Mesopotia and the Middle East. They claim that not only harvest cycles lead to defaults but rather the concentration of wealth in the hands of lenders would have augmented the outcome.

Submitted by AGXIIK:

Chaz Napolitano is off her rocker.  TPTB are hell bent on turning this country into an English speaking version of the East German Stasi spy state,  complete with recruitment of every citizen in every apartment building on every block told to report on their neighbor, or else.

Wait until the 53% of this nation’s population receiving  federal benefits are told they must produce reliable leads in order to get their monthly rations.  You’ll soon see people willing to do anything to keep the goodies flowing.  This system worked like a charm for decades in the USSR, Cuba, North Korea and Red China. 

Just a week ago 3.6 Million Ounces of Physical Silver were removed from the COMEX Registered Inventoryfully 17% of the Total Registered Inventory of Silver. There are Big Buyers of Physical Silver.   And yet Cartel Price Suppression Actions and several Main Stream Media Spinners would have us believe that demand for physical Silver (and Gold) is topping out!

In sum, that part of the Public which relies mainly or solely on the MSM for its news is being Tricked – to use the Halloween Metaphor – into half-truths, misinformation, and that Manufactured News otherwise known as Disinformation. And of course there are blatant News Blackouts.
Those gulled into such Fictions will not have the “Treat” of being “long” the next time Silver and Gold Explode upward, and they will be (and are being), misdirected into investments that have little or no Profit or Wealth Protection Potential.

The legendary Jim Sinclair has sent an email alert to subscribers in response to a reader inquiring why the bullion banks are short gold and silver.
Sinclair responded with his most in-depth explanation to date stating that the majority of what appears to be short positions is in fact a massive hedge spread which has been systematically used to manage the ascent of gold up from $250 and the USDX down from 1.25 over the past 10 years.

Sinclair states that when the bullion banks sense that gold is ready to explode upwards in price in the final bull move of this bull run, they will flip their spread hedge naked long, reaping the largest gains of anyone in the precious metals sector, and propelling gold to $12,400.

MUST READ!!!