alertSteve Quayle’s banking management source has released an alert stating that a false-flag financial cyber attack is close at hand in which the Western Central banks will blame the coming financial collapse.

For some time I have emphatically stated that there will be a bank hack or cyber attack as the global economy is pushed to the brink of collapse. From top level sources I can confirm to you what you are seeing is an emerging pattern of various beta-tests using Stuxnet like algorithms to affect the banking networks the world over. I can tell you though that the primary target is the US.

How can so many bank and ATM networks like NYCE, PULSE, PLUS, INTERAC, CIRRUS, BACNET, NOVUS all be affected? This is truly something of a very sophisticated nature. Something that is very large in scope and very ominous in action. Folks it is without a shadow of a doubt that these are all beta-tests. I have said it before this will be a financial false flag. The frequency of banking network failures has gotten to be very acute to the point that I am convinced that we are edging closer to the one major event that will set everything in motion.
The take down of the economy is close at hand and the major cyber attack will be on it’s way.

platinumWhen Rick Rule pairs lower grades, labor strife and inefficient mines with the relentless demand for platinum and palladium, his result is an investment thesis that could pay off for bullion and equity investors. In his Metals Report interview, the founder and chairman of Sprott Global Resource Investments Ltd. compares the current platinum and palladium space to the uranium sector 10 years ago, and predicts handsome returns for investors willing to shoulder the risk.

CyprusTo describe the events in Cyprus and their relevance to gold, we can start with the analogy of a peaceful, self-satisfied Western investor asleep in a dark room. He has had trouble sleeping lately because he is starting to become more concerned about the safety of his personal wealth. He is unaware that he is sharing his room with three large elephants. They come each night, but remain hidden by the darkness. He awakens for a moment and lights a candle. Suddenly the room is illuminated and he sees the three beasts. The vision terrifies him, so he races to blow out the candle hoping to forget what he saw. Of course, once the light shines on truth it is difficult to return to a state of ignorance.
The events in Cyprus had the effect of turning on the lights, if only for a moment, before the financial media and the world’s central bankers began a blitzkrieg campaign of denying the truth that was briefly exposed.

In light of today’s paper futures smash sending silver towards $27 and several recent predictions by silver experts that silver’s long term price target is $20, we thought it apropos to re-post SRSrocco’s detailed analysis of the current COMPLETE COST FOR MINING SILVER, along with a NEW UPDATE from Steve.

By SD Contributor SRSrocco

Last year, I wrote an article titled THE COMPLETE COST OF MINING SILVER.  In it I used a quick formula to figure what a more true cost would be for an ounce of silver than the CASH COST.

This is an update of the complete cost for mining silver:

usdollar collapseSubmitted by Bill Holter:

Australia recently announced a deal struck with China where they will trade and settle in local currencies WITHOUT the use of Dollars.  This “type” of deal is now becoming more common as the writing on wall for all to see is that no one wants to be “stuck” with Dollars.  This poses a problem, a big problem for the U.S. as demand for Dollars is falling of a cliff at the same time supply (by necessity) has exploded.  This situation of course was evidenced last year as the Fed was “forced” to buy nearly 70% of Treasury issuance…because there were no other buyers.  In a sense this is becoming a self sustaining negative feedback circle where the Fed must purchase a larger percentage of issuance …because investors (trading blocs) see the over supply and reduce purchases further.

There is one last leg left to the chair that should it break, the whole tent will come down.

petro dollar sunset WillieBy Jim Willie, GoldenJackass.com

Editor Note: The following MUST READ Hat Trick Letter is Jim Willie’s self-described “Most Important Article Ever“, following Friday’s release of Willie’s first audio interview on Cyprus.

An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation. The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, held in reserve, put to usage. The British will play a very unusual role, selling out the United States in order to be squires to the Eastern Duo. The process has begun; it cannot be stopped. The events are already being grossly misinterpreted and minimized in the US press, where devoted lapdogs, artistic swindlers, and creative writers prevail. The Paradigm Shift eastward is showing its next face, with a truly massive trade zone for cooperation and reduced cost overhead as the giant foundation. The Untied States for all of its past hegemony and devious manipulations and vicious attacks, will be excluded. The British will assist in the exclusion in order to avoid the Third World themselves. The following blueprint is the result of years of planning, with steady information and hints and confirmations by at least two Hat Trick Letter sources. The sunset of the USDollar has a blueprint.
As a personal embroidery, let me state that this article is the most important the Jackass has ever written.

Last Tuesday March 26th, we reported that the US Mint had sold 3,356,500 Silver Eagles in March, nearly 1 million in the past 4 days, and were only 25,000 oz from surpassing the all-time March sales record set in 2010.

Well, The Mint would have smashed the all-time March sales record for Silver Eagles…had it not held back sales totals for a full week, and reported a whopping 812,000 oz sold on April 1st.

bank failure*BREAKING SD ALERT*
Editor note: Bringing this massive story back to the top of the news feed for those who missed it over the holiday weekend.

On Wednesday, SD broke the news that Canada had buried a provision for depositor bail-ins for systemically important banks deep inside its official 2013 budget, and stated that the Cypriot bail-in was not just a one-off event, but is in fact the new collapse template for the entire Western banking system.

We suspected that the same policy change had been made by the US & the UK, but was simply yet to be discovered, buried in the website of a Federal agency.

We suspected correctly…

mattress safeWhile we are awaiting confirmation as to whether they intend to bring the product to market or have just launched a clever marketing scheme based on the European banking crisis in the aftermath of the Cyprus bail-in, Spanish mattress company Mi Colchón has released a Hollywood like theatrical advertisement promoting the “safest vault in the world”:  the world’s first mattress safe.

CRISIS: Spanish banks collapse
Spaniards fear for their money, and no longer sleep well.
DES’S experts on sleep and rest presents the solution….
THE FIRST MATTRESS WITH A SAFE!!
Sleep tight and with your money safe and away from banks.

The must see 120 second clip is below:

bankrobberyFrom Ron Paul:

The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer’s Greek debt restructuring resulted in losses equivalent to more than 25 percent of Cyprus’ GDP. These banks then took their bad investments to the government, demanding a bailout from an already beleaguered Cypriot treasury. The government of Cyprus then turned to the European Union (EU) for a bailout.

Saxo Capital Markets has released an infographic detailing the Cyprus depositor bail-in from start to finish.
The infographic also looks at the debts of Spain, Italy, Greece, Ireland, and Portugal in comparison, and makes the case that the Cyprus template (per DieselBOOM) is a major game changer for the Western banking system. 

Full Cyprus bail-in infographic is below:

27Friday’s strange algo patterns in the gold and silver charts apparently were tipping off the upcoming silver raid, as silver traded exactly down Monday morning to the $27.88 spike low seen on several silver feeds last Friday when global markets were closed.

The cartel appears intent on forcing a re-test of crucial support at $26 in silver- the question is at what cost in the physical market as a massive shortage of 90%, Silver Eagles, and Silver Maples grows? (and will undoubtedly intensify on any visits back towards $26)

CyprusSubmitted by Bill Holter:

Imagine that 2 weeks ago you were a Cypriot and faced losing some or all of your bank balances, what would you have thought?  I ask you this question because chances are…you are not a Cypriot and you haven’t had your life savings “locked up”…yet.  You see, whether you know it or want to believe it, we will “all be Cypriots” sooner or later.  Pooh pooh me, stick your head in the sand or send me nasty e-mails, MATHEMATICALLY the entire world WILL become Cyprus sooner or later.  Mathematically we are on a crash course with a global debt/currency crisis of epic proportions.