economic collapseAfter our amazing call with writer and researcher Alasdair MacLeod officially ended, we kept on talking! This bonus conversation includes the entirety of that conversation which covers the very real possible outcomes that may result from a worldwide banking collapse. Alasdair is concerned that the equivalent to a financial WW3 may result in starvation for many, many unprepared people. We wonder, how can we extricate humanity from this debt-based fiat paper monetary scheme without destroying humanity in the process?

launch rocket verticalThe gold-mining sector is on the verge of flashing the fabled Golden Cross buy signal.  This is one of the most powerful and revered indicators in all of technical analysis.  When it arrives after the right conditions, it flags the critical transition from bear to bull markets.  And today’s gold-stock environment is perfect to spawn such a pivotal Golden Cross.  Seeing this milestone will accelerate capital flows back into gold stocks.

fukushima radiationTreatment of radioactive water at Fukushima Daiichi nuclear power plant might be indefinitely suspended after malfunctions crippled the water purification process and recontaminated thousands of tons of partially purified water, Japanese media report.
The failure in the system, known as the Advanced Liquid Processing System (ALPS), is the latest setback in Tokyo Electric Power Co.’s (TEPCO) uphill battle to stockpile radioactive water, which is ballooning at a rate of 400 tons per day.

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Caption Contest 1Asian gold demand expert Koos Jansen joins the show this week to discuss why:

  • In the End, Everyone Will Rush to Gold!
  • Gold Will Rise to At Least $1600 in 2014 on Chinese demand
  • Gold to replace US dollar as global reserve currency
  • Cartel smashes metals on FOMC taper, but gold completes “Golden Cross” Friday
  • Koos makes the case why he believes that China Is The Real Gold Manipulation Culprit, while Eric argues that the evidence points to the US gov’t 

The SD Weekly Metals & Markets with guest host Koos Jansen is below:

gold flash crashWhile every other asset class in the world has now been found to be subject to some form of manipulation (from LIBOR rates to FX fixes and from commodity warehousing to HFT equity front-running), the stakes in a COMEX silver/gold/copper manipulation lawsuit are staggering.
Not only is market manipulation the most serious market crime possible, the markets that have been manipulated and the number of those injured are enormous.  It is likely not an exaggeration to say that any finding that JPMorgan and the COMEX did manipulate prices as we contend could very well result in the highest damage awards in history.  That’s no small thing considering the tens of billions of dollars that JPMorgan has coughed up recently for infractions in just about every line of their business.  Our point is that no legal case could be potentially more lucrative or attention getting than this one.
Now I am taking it one step further; presenting a guide for how and why JPMorgan and the CME should be sued for their manipulation of gold and silver (and copper, too).

What would you do if the Internet or the power grid went down for over a year?  Our key infrastructure, including the Internet and the power grid, is far more vulnerable than most people would dare to imagine.  These days, most people simply take for granted that the lights will always be on and that the Internet will always function properly.  But what if all that changed someday in the blink of an eye?  According to the Federal Energy Regulatory Commission’s latest report, all it would take to plunge the entire nation into darkness for more than a year would be to knock out a transformer manufacturer and just 9 of our 55,000 electrical substations on a really hot summer day.
Destroy nine interconnection substations and a transformer manufacturer and the entire United States grid would be down for at least 18 months, probably longer.

The film Divergent is the newest installment of dystopia books turned Hollywood films. In what is sure to give the 1.5 billion dollar and counting Hunger Games franchise a run for its money, Divergent appears to either be a clever warning disguised as the next teenage obsession, or another Hollywood tool of predictive programming to acclimate us.
Regardless, some of the movie’s parallels cannot be ignored. It’s curious to note that the author Veronica Roth claims that among her short list of life-changing books are non-other than George Orwell’s 1984 and Orson Scott Card’s Ender Game.  Both of which, like Hunger Games, see a technological elite ruling over a lower class of peasant-like population.
There are many glimpses in the story of Divergent that run chillingly parallel to an already announced planned society being resisted currently. In the story, the population must choose between one of five factions to spend the rest of their life in. This includes leaving their family except for a brief, emotionless exchange on Visiting Day (think prison). Those that don’t fit into a faction are deemed Divergent and cast outside the fence of the technologically advanced comfort of the city.

You’re different. You don’t fit into a category. They can’t control you. They call it Divergent.

gold vaultThe Big Lie is that Central Banks don’t care about gold.  Nothing could be further from the truth.
According to public records, the Government of Ukraine owns 33 tonnes of gold that was being safekept in Ukraine.   Last week a Ukrainian newspaper reported that acting PM Arseny Yatsenyuk ordered the transfer of that gold to the United States.
Unfortunately, it is likely that the citizens of Ukraine will end up paying a major price for allowing the U.S. to “safekeep” their sovereign gold.
The Ukrainian gold reserves have been delivered safely to vaults in China under U.S./UK bullion bank contractual delivery obligations, where it will be locked away for centuries.
All this skullduggery over a barbarous relic that has been deemed irrelevant by the U.S. Federal Reserve.

jim sinclairLegendary financial & gold expert Jim Sinclair has issued an email alert to subscribers warning that the dollar’s reaction to the US stepping up sanctions against Russia on Thursday indicates that the market knows Russia has a nuclear economic weapon it can detonate on the West by dropping the petro-dollar standard.  
Is Puting preparing to nuke the petro-dollar by announcing new Russia gas and oil deals in yuan, euros, real, and gold? 
Sinclair’s full MUST READ alert is below:

gold currencyBitcoin is a remarkable piece of technology, something that has given me great hope about our future as a species.
Ripple does the same, but in its own way (one of the most exciting parts of Ripple is the ability to trade physically backed, deliverable precious metals). And for the “gold bugs” that like the idea of Bitcoin, but don’t like its lack of backing, well here you go.
We aren’t going back to gold coins in people’s pockets, nor should we ever want to. A state-backed gold currency would also be a mistake and a major step backwards. Ripple allows precious metals as money to be taken to a whole new level.

hit the wallSorry CNBC, Bloomberg, Fox News and Wall Street but the reason for the slowdown is not the weather. The real reason is the structural deterioration in the income and wealth of the middle class. Real disposable income per capital dropped from $37,265 in 2012 Q4 to $36,941 in 2013 Q4. And those numbers do not include the additional expense/person for Obamacare that will phase in this year, nor do they include the fact that the price of a gallon of gas is the highest it’s ever been for this time of year. In addition, the savings rate plummeted 16% between September 2013 and January 2014 (link for both disposable income and savings rate data). In other words, the ability of the middle class to spend, consume and buy new homes and cars is quickly declining.  It’s likely that the real economy hit a wall in November 2013. By the end of 2014, the National Bureau of Economic Research will likely have announced that the U.S economy entered a recession in the first half of 2014.

economic collapseDmitry Orlov is a Russian journalist who writes about the parallel between the U.S and the USSR.
Orlov lived through the financial collapse of the Soviet Union in the early 1990’s, and he thinks the U.S. is on the same trajectory. Orlov contends, “The trajectory is defined by this sort of incompetent militarism where more and more money results in bigger and bigger military fiascos around the world and less and less of actual foreign policy that can be pursued or articulated. There are massive levels of corruption. The amount of money that is being stolen by the U.S. Government and its various appropriations processes is now in the trillions of dollars a year. Runaway debt, the United States now has a level of debt that is un-repayable. All we’re waiting for is interest rates to go across the magic threshold of 3% and the entire budget of the country explodes. There are also all types of other tendencies that point in the direction of collapse and systemic failure at all levels.”

REUTERS/Kevin Lamarque

REUTERS/Kevin Lamarque

The vast gulf between corporate economic interests and political gamesmanship is vividly made clear with the calls for sanctions against Russia. Now that the Crimea referendum has resulted in a ninety-six plus desire to join the Russian Federation, the politico chess players in the West are eager to make Putin suffer. Former Soviet chess master Garry Kasparov, anti-Putin critic and activist said, “even if the West doesn’t want to be in a fight with Russia, Putin has already decided to start one.”
The economic stakes are very high and all factions will be major losers in a reciprocating sanction trade war. 

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No conventional scenario accounts for the methodical disabling of the communications systems, the bizarre altitude changes and professional navigation to way points, or the presumed turn south and a flight path that extended to at least 8:11 a.m. Every plausible theory about what happened to Flight 370 has to not only fit the most reliable facts (radar tracks and satellite data) but basic geography.

haircut bail-inThe 2013 Cyprus depositor bail-in should have proved a stark warning to the Russian people over the risk of holding paper assets in any bank with ties to the West and the IMF.  Those in Ukraine who failed to heed the warning are likely regretting the fact now, as Ukrainian officials have reportedly proposed a new tax plan, bailing in depositors with assets exceeding 100,000 hryvnia, and banning (read fully confiscating) any foreign currency deposits.  
DIESELBOOM strikes again. 

trumanWell The Truman Show that is the USA has been exposed once again.   According to this CBS reporter from Arizona, White House Press Secretary Jay Carney receives all questions to “press briefings” ahead of time. In many cases, the reporters themselves even possess the scripted answers to their questions before the conference starts. Yes, as suspected, it’s all just one gigantic stage and you are the clown in the audience.
Watch and weep serfs.

U.S. Gold Imports vs ExportsSo where is China getting all of its gold?  One of the large sources turns out to be the United States.  The U.S. experienced another record year of net gold exports in 2013.  Not only were gold exports at record levels, imports into the U.S. fell nearly half compared to 2010.

If we look at the chart below, U.S. gold exports in 2010 were 383 metric tons (mt), however by 2013, they increased 81% to 692 mt.  In addition, U.S. gold imports fell 48% from 604 mt in 2010 to 313 mt in 2013.

bankster AssassinationsWith another JP Morgan banker falling off a roof, the Trends Journal’s Gerald Celente discusses “the JPMorgan criminals” and states that the only bankers turning up dead are young lower level executives, and speculates that the high level executives are “cutting off the links that go to the top” as “you don’t rig LIBOR & FOREX without the people at the top knowing about it!
Gerald Celente’s full MUST WATCH interview dissecting the recent string of bankster “suicides” is below:

Putin ammo shortageOverall, U.S. and Western leaders should be lining up to thank Vladimir Putin for a painful but thorough lesson in how the adult leader of a nation protects his country’s genuine national interests. And, it must be noted, Putin is not teaching rocket science. Had Western leaders received a decent education — especially in the fields of history and human nature — they would have been absolutely certain from the start that any destabilizing Western intervention in Ukraine that even remotely threatened Russia’s assured access to its Crimean naval bases would provoke precisely the kind of Russian response that occurred. They also would have known that West and the UN could bleat forever about the requirements of various treaties and international law, but that a nation acting to protect what it perceives to be life-or-death national interests — as is Putin’s Russia — is both insane and suicidal if it refrains from acting because of a raft of documents designed to address Cold War conditions that no longer exist.