coyoteIn this MUST LISTEN interview with Finance & Liberty’s Elijah Johnson, T. Ferguson explains why we are past the point of NO RETURN, and states that a full-blown inflationary collapse is DEAD AHEAD!!

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BlytheThe Doc & Eric Dubin are back for the Metals & Markets to discuss:

  • Gold & silver capped by the cartel at $1300 & $22 is a big move on the horizon? 
  • The Dollar’s death by a thousand cuts suffers numerous flesh wounds as Russia prepares major oil deal with China
  • The Doc updates listeners with the state of the physical gold & silver market in the US via the eyes of SDBullion- Silver Eagles live in stock with all the Authorized Mint purchasers for the first time in 2014!
  • Blythe Masters reportedly under investigation by Federal Prosecutors in Manhattanwill Blythe Masters be the first top level banker convicted in the aftermath of the financial crisis? 

 The Doc & Eric Dubin discuss all this and more in the latest SD Weekly Metals & Markets:

falling-bearUnlike gold, where Comex volume is moderate, silver volume is high indicating very strong support at current levels. The obvious conclusion is that bullion banks trying to balance their silver books cannot do so at current prices.
Yet higher prices are likely to trigger a vicious bear squeeze, so it appears the bullion banks with short silver positions will remain trapped either way.

RFID-chipAttorney General Eric Holder says that gun owners in the United States could eventually be forced to wear RFID tracking bracelets.  In fact, in recent testimony in front of Congress he gave the impression that this was something that the Obama administration has been thinking about for quite a long time.  Holder seems to think that this would advance the cause of “gun safety” and that gun owners wouldn’t mind having an RFID microchip tracking their every movement.  Apparently he does not know gun owners very well, because most of the gun owners that I know would be extremely resistant to the idea of being “chipped”.  But this is yet another example of how the Obama administration plans to erode Second Amendment rights.  They want to put up as many obstacles as possible to owning and using guns.
If Obama and Holder have their way, almost the entire country will eventually be unarmed.

Zeal041114BThe American GDX Gold Miners ETF is slowly becoming the de-facto standard for measuring gold-stock performance.
Now on those rare days when gold stocks are discussed on CNBC, the HUI is never mentioned.  In this new ETF-dominated world, the dominant ETFs have replaced minor sector indexes as the leading benchmarks of choice.  So to mainstreamers not steeped in gold-stock trading experience, GDX is the gold-stock sector.  So we’re long overdue for revisiting its construction, components, and performance.

The Silver Shield Golden Girl in a Collector’s Case With COA & the 2 oz and 5 oz Crucifixion Silver Rounds Are Available in Both BU and Proofs Versions Now at SDBullion!

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CR PROOF SDBullion

 

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BundyIt appears that reports earlier Saturday that the confrontation between constitutional rights supporters of Cliven Bundy and the Feds had ended was a bit premature, as the latest reports indicate SWAT units have suited up and are en-route to the Bundy ranch. 
You can view the confrontation unfold LIVE below:

gold cartel shakes the treeLet’s call the strategy of picking all the low-hanging fruit in an economy Plan A: you know, expanding credit, lowering interest rates, building infrastructure, fueling speculative frenzies, all the good stuff that fans the flames of “growth.”
Now that the central banks and political leadership of the U.S. and China have plucked all the low-hanging fruit, they have no Plan B.
With no plan to manage an economy in which expanding credit no longer generates growth, the two nations are rapidly reaching Peak Everything:

In this weeks episode, Mark S Mann and Rory from the SGTReport discuss the very real possibility of Russia creating another ammo shortage here in the United States.
With major importers, like Wolf and Tula being sold out of Russian product (as SD warned readers was developing in early March as a result of the Ukrainian crisis), we examine how this will impact your ability to purchase practice and self defense rounds. Has Russia’s President Putin advised exporters of Russian ammo to either slow-walk orders or stop shipping altogether? How long could it last?
We also discuss who is purchasing firearms, what they are doing with them and how this impacts, not only the quality of ammo but the quantity available for sale.
Later in the program we look at the impact of Presidential cycles and how in just a few short years firearms and ammunition sales have grown from a declining market to a point of shortages.
We discuss hoarding vs investment in ammunition. We take an in-depth look at how cheap ammo can impact the investment you made in an expensive firearm.

If you haven’t been following the unfolding drama at the Bundy Ranch about 80 miles northeast of Las Vegas you need to start now. The escalating confrontation between irate local residents and federal agents of the Bureau of Land Management (BLM) has the potential to take a very dangerous turn for the worse at any moment, as hundreds of militia members from states across the country are expected to descend upon the area and make a stand with 67-year-old Nevada rancher Cliven Bundy.
The kindling for social upheaval has been growing in America for quite some time.
The question in my mind has always been what will the catalyst be to spark the brushfire? Will it be the Bundy Ranch?

“That’s the thing about the collapse of civilization. It never happens according to plan – there’s no slavering horde of zombies. No actinic flash of thermonuclear war. No Earth-shuddering asteroid. The end comes in unforeseen ways; the stock market collapses, and then the banks, and then there is no food in the supermarkets, or the communications system goes down completely and inevitably, and previously amiable co-workers find themselves wrestling over the last remaining cookie that someone brought in before all the madness began.”
The popularity of shows like the Walking Dead is a sign of the darkening mood change in this country. With our fragile fraudulent finance driven eco-system teetering on the edge, the threat of collapse is ever present. Within one week of a financial system collapse we would enter a Walking Dead like scenario. Each American who hasn’t already been infected with the zombie virus needs to prepare now and decide what kind of person they will become as the collapse engulfs our society. We all exit this world as we entered it – alone. But we have the wherewithal to positively impact the rebuilding of our culture from the rubble of this one. Are you ready to meet the deadly trials ahead? The choices we make over the next decade will determine if this is the end of the line for our civilization or a new beginning..

Willie dollar deathA global clash of nations is underway in full gear.   The time is finally right. The urgency is acute.
The banking system insolvency is widespread. The illiquidity has reached the surface. The geopolitical chessboard has busy movements of many pieces, even with a delayed check in Ukraine after a devious capture of the Cyprus castle but not the Syrian knight. The Saudi support via OPEC for the Petro-Dollar has fallen out of view, dragging its pummeled chin on the desert sands. The Eastern superpowers are marching arm in arm, ready to challenge the West. It seems the Western leaders, in particular the robot sock puppets of the Untied States, see the end of the USDollar. They appear to wish to lay blame on Russia for the death of the dollar.
The global rejection began with the Iran sanction workarounds, where India bought Iran’s oil & gas, but paid with Turkish gold, delivered to Tehran banks. The global rejection will achieve escape velocity with the acceptance of Russian Rubles for its energy products. The global rejection will achieve additional escape velocity with the acceptance of Chinese Yuan payments for Saudi crude oil (then all OPEC oil).
Coming is the launch of both the gold-backed Russian Ruble and the gold-backed Chinese Yuan. The global rejection will be final, and the funeral will be announced. 

bunkerville nv

An area just outside of the little town of Bunkerville, Nevada, with a population of around a thousand people, may go down in history. This little spot in the desert may be compared with Concord, Massachusetts, the site of the “shot heard round the world” – the first shot fired in the American Revolution. Because it looks like the second American Revolution may start there…and soon.
It seems that the US government, in all of their infinite wisdom, has declared war on a cattle rancher named Cliven Bundy.
Armed federal officers have arrived to steal Bundy’s cattle and close down the land he is using. What’s more, they have declared a zone around the area to be free of the restrictions of the Constitution, specifically, the First Amendment right to assemble and speak freely.  They’d like to keep their reprehensible actions quiet and out of the public eye. It’s really difficult to mow down a bunch of protesters ala Waco with the whole world watching.
Yesterday, tensions began to rise even further and numerous protestors were tazed and assaulted. (You can see the actions of those brave BLM officers on this video HERE).  It looks like tensions will rise even further because Americans have had enough.
Militias have been mobilised. It’s going to get real.
Bundy may be facing down a bunch of armed federal thugs but he’s going to be backed up by militia members from across the country.
This is the day that Patriots have been talking about and training for. They will not stand down.

freefallMarc Faber was back on CNBC discussing the overvaluations in the market and the risk of a massive market crash in the next year.  
Faber informed the shocked CNBC host that valuations “are in kokoo land“, and that “this year for sure the S&P will drop from the diving board 20-30%it is very likely that we see in the next 12 months an ’87 type crash, and I suspect that it will be even worse“.
Faber’s full thoughts are below:

“In his Kremlin defense of Russia’s annexation of Crimea, Putin stated that Russia is a Christian country.  This speech recalls last December’s address where the former KGB chief spoke of Russia as standing against a decadent West:

Many Euro-Atlantic countries have moved away from their roots, including Christian values. Policies are being pursued that place on the same level a multi-child family and a same-sex partnership, a faith in God and a belief in Satan. This is the path to degradation.”

With Marxism-Leninism a dead faith, Putin is saying the new ideological struggle is between a debauched West led by the United States and a traditionalist world Russia would be proud to lead.”

Jim Rickards ChinaIn an excellent interview with Bloomberg, Jim Rickards correctly states that the Fed is completely insolvent on a mark to market basis, that the stock market is up over gold since 2010 because The Fed is manipulating stocks up and gold down, and urges investors to prepare for a dollar collapse by rotating OUT of stocks, and into PHYSICAL assets. 

All of a sudden, the Nasdaq is absolutely tanking.  On Monday, it fell more than 1 percent after dropping 3.6 percent on Thursday and Friday combined.  At this point, the Nasdaq is off to the worst start to a year that we have seen since 2008, and we all remember what happened back then.
Whatever is causing this decline, it is starting to get alarming.  The Nasdaq just experienced its largest three day fall since November 2011.

china bank runIn the rest of the world and particularly Asia, people do not think like we do. As far as they’re concerned, gold is the only long term asset worth holdingIt is the family pension fund… the financial press in the West, the mainstream media, basically rely for their information on analysts in the bullion banks. And the bullion banks are always short… Now whether the West is right or wrong is not the point. The point is there are 4 billion people in Asia who have got a very old-fashioned view of gold, and they have become wealthy over the last twenty years. And their view is likely to prevail against the <1 billion of us in North America and Western Europe. I mean it really is as simple as that. It’s not a question of Austrian economics, or Keynesian, or whatever. We’re outnumbered.

The U.S. Treasury would consume nearly half of total mine supply if U.S coins still contained silver.
Prior to 1965, the U.S. Mint included silver in its coinage.  The U.S. dime, quarter and half-dollar consisted of 90% silver.  However, today they are nothing more than base metal slugs.
It cost the U.S. Mint $172 million to produce base metal slug Dimes and Quarters in 2013.  If these coins contained 90% silver, the cost would be a staggering $7.8 billion or 46 times the value.
Even though the world forgot the value of real money… they will soon be reacquainted.

silver crashIncredible as it may seem, at the low price of $20, speculation in silver is rampant. Market participants are trying to front-run a big price move. Due to rumors or gut feel or for whatever reason, they are expecting not only that silver will outperform gold, but that the silver price will rocket to a much higher price. Their frenetic buying of futures has pulled a lot of silver into carry trades.
Maybe hoarders will all of a sudden increase their appetite for silver metal that they will take off the market and bury. If so, the silver futures speculators will be proven right, and they will make a lot of dollars (money is a different story entirely).
I would not recommend that anyone bet his hard-earned money on a maybe.  The data—both open interest and basis—show that the buying in the silver futures market is primarily speculators. They cannot sustain a higher price forever. They are merely trying to front run a higher price driven by hoarders. If hoarders don’t come in, the speculators will be forced to capitulate.  If that happens, watch out below.
The neutral price of silver is in the $16’s today. If the price overshoots as far to the downside as it is now stretched to the upside, we could see silver with a 12 handle.