You’ve seen the infographics on total US debt, the TARP bailout, and the TBTF banks’ derivative holdings, but until now you’ve never seen an infographic detailing in vivid detail exactly why the world is running out of silver.

The infographic details silver’s supply/demand fundamentals propelling the metal to nearly 700% returns since 2000, and looks at whats to come on the PHYSICAL supply/demand over the next decade.
Is Silver the New Gold?

The Bank of England has released a study comparing fiat currency systems to gold standards and shockingly discovers that sound monetary systems are inherently more stable and produce less economic crises than monetary systems based on inherently worthless fiat debt notes.

The real shock is that one of the big 3 western central banks would allow such findings to be made public.

Full BOE study below:

In his latest update, former Bear Stearns trader Greg Mannarino discusses the massive exodus of the retail investor out of the equity markets.
Who is buying equities in bulk?  That would be Mr. Brian Sack, head of the Federal Open Market Committee, better known as the Plunge Protection Team.

Mannarino’s full update below:

Gold Slips in Tight Range But Monetary Outlook “Rarely More Bullish” as US Debt Grows $21bn, IMF Warns of Eurozone “Capital Flight”

After cutting East Asian and European growth forecasts sharply this week, the International Monetary Fund today warned that the Eurozone could see capital flight of $2.8 trillion unless the region’s leaders “act swiftly to restore confidence.”  Ahead of Wednesday’s $21 billion auction of new US debt – part of $66bn in fund raising due this week – Treasury bonds slipped, nudging 10-year yields further above 2.0%.

“The industrialized world is stuck in a severe debt and growth crisis,” says Andrew Bosomworth, head of portfolio management in Germany for US bond-fund giant Pimco, quoted by German news magazine Spiegel.  “Central banks are fighting the disease with monetary infusions of previously unknown proportions, and the side effect is a slow but dangerous devaluation of money.”  “Gradual inflation has a numbing effect. It impoverishes the lower and middle class, but they don’t notice.”

Writing in the Irish Times, “The monetary environment has rarely looked more favourable for gold,” says economic analyst and consultant Charlie Fell.

In the latest Keiser Report, Max discusses whether it’s time to start loving bankers as former Mayor Ken Livingstone suggests and they also wonder if the flying naked short selling witch caught by religious police in Saudi Arabia is, in fact, Blythe Masters covering an oil trade. In the second half of the show, Max Keiser talks to Aston Walker – aka the Birmingham Looter – about whether he was ever offered a deferred prosecution agreement for his crime of looting during the 2011 riots and ask whether he would have been granted immunity had he offered the loot as an infinitely rehypothecated collateralized looted H&M clothes bonds.

In today’s Midday News we discuss the implications of endless QE (QE3 or QE to Infinity) and the impending destruction of the US dollar, and we are joined by Ben Bernanke, the Chairman of the Federal Reserve to discuss the Central Bank’s monetary policy strategy.

Submitted by Stewart Thomson

There is a terrifying head & shoulders top pattern in play, and the current highs are occurring at the same time as gold fights with the $1800 level.  My question to gold stocks investors is this: Is that head and shoulders formation a legitimate price pattern?  Or, is it just a meaningless shape on the chart?   I’m convinced that it’s just a shape.

My professional opinion is that no gold-related item should be sold at a loss.  If it’s sold at a loss, then it shouldn’t have been bought in the first place.  I’m not afraid of that supposed top pattern at all.  Here’s why:  I would argue you need to look at this long term monthly HUI chart a lot more often than you look at the short term charts.  I call it the “King Daddy” of all gold stock charts.  Please make note of the two previous highs to the left of the chart, at 519.68 and 516.16.

The HUI has already taken out those highs on this rally, and appearing to be “flagging” here, not correcting, for a price blast up to the 638 area highs, which is your real profit booking area!

By SD Contributor SRSrocco:

There comes a time when we just have to say “ENOUGH IS ENOUGH”.
It looks as if everyone and their brother now expects gold and silver to enjoy a bloodbath.  Below we can see that CLIVE MAUND is once again showing his true colors as he has labeled precious metals investors ‘the sheep in his latest update predicting a ‘blood bath‘ in silver:

Most of our readers are aware of the ongoing debate on whether a return to the gold standard would fix the massive debt problem plaguing the Western financial system.  Sound money advocates led by Ron Paul have long called for a return to the gold standard rather than the paper fiat debt currency currently issued by the Federal Reserve.
The gold standard debate has even recently reached the mainstream, with the Republican party even making it a portion of their party platform to study the feasibility of such a return to sound money.

In this excellent and MUST READ piece, Martin Sibileau presents a technical perspective on why a return to the gold standard alone is NOT ENOUGH to solve our current economic crisis, stating that it must be accompanied by the extinction of the shadow banking system.


*Update: Silver has now retraced nearly the entire waterfall decline, as it has traded back to $34!

After consolidating over $34 throughout the morning COMEX session, the cartel has just initiated another waterfall decline in silver, as the metal was just sent from $34.05 to $33.44 in seconds.