SUB $20 SILVER: MORGAN | HOFFMAN – Urgent Update

SGTreportDavid Morgan & Andy Hoffman join Sean from the SGTReport for this SUB $20 SILVER Emergency Update.
The cartel are cornered like rats. Their absolute desperation presents us all with an opportunity.
David, Andy and I cover the false mockingbird media supply/demand narrative, Thursday’s massive smash, David’s outlook from here, and much, much more.

 

 

Silver Buffalo Rounds STILL As Low As
$.99 Over Spot At SDBullion!

 

Comments

  1. Bottom line needed is a TV Station like FOX , for  Precious Metals Economic ‘truth tellers’  to awake the sleeping population.
    the luciferians have NO competition for the minds and souls of Americans and the World..

  2. I think we have that station, Silver Dagger. It’s called Silver Doctors.  And the commercials don’t insult our intelligence. 
    What pisses me off is that every time we see a $2 silver smash or $100 in gold, and this happens in 1-2 days, it takes weeks or months to recover those losses. Then wango tango, they get knocked down again.  Whack-a-mole does not describle the situation.
    As for a Fox-like station for silver, only if we get foxes as the journalists. Morgan, Sprott and the other male silver speakers are not going to attract the guys to the station. We need some hotties from the other channels as our voices.  Some of those dolls from Russian TV would work just fine.

    • Have to create a video game where the players gather PM’s and attempt to crash the big banks… plant ideas in the sheeples heads

  3. @AGXIIK, this one isn’t Russian but she will do – IF she can get educated about PM’s.
     

  4. ooooh faaaah   I may not be able to teach her a THING about silver but I’d be a willing student to learn anything about the weather from her.  Troughs aloft, warm fronts, mammatocumulus clouds.  You know.  All that good weather related stuff. 
    Then we get down to the silver story, little girl.  And what a story it is.  Sit on my knee and give grandpa a hug. “Once upon a time there was a big bad wolf and little silver riding hood’  “All you need to know, sweetie, is that ‘silver’ packed heat.  That’s the story and I’m sticking to it.

  5. The desire of gold is not for gold. It is for the means of freedom and benefit.”
    - Ralph Waldo Emerson (1803-1882), American Poet and Transcendentalist.

     
    Jim Rogers gave an interview on 6/20/2013 on Hard Assets Investor in which he stated that he ‘bought Gold today’.  The last time he told the public he was buying Gold was in 2008, when Gold dropped to about $750/oz.  He has a knack for picking undervalued assets.  In this recent interview, he stated he could not decide which commodity was most undervalued right now: Silver, Gold, or sugar.  Readers of Silver Doctors should know the answer to that question by now.

  6. I heard Glen Beck 4 years ago say Greece would cause this. On his tv show. I think he’s kinda nutso but this is true for what it’s worth. 
     

    • Beck can get a little nutty sometimes but that does not make the truth he speaks now and then any the less true.  I can take him in small occasional doses but not as a steady diet.  lol
       

  7. I think that the main take-away for me in the Andy Hoffman interview is when Sean said, “This is what collapse looks like”.  He’s right about that because economic collapse is not an event, it is a process, and it is a process that occurs over a period of time.  If you talk to the old folks who lived before, during, and after The Great Depression, many of them cannot decide when it started and when it ended.  It too was a process that occurred over about a 10 or so year period of time.  We do know that the US stock market collapsed in late October of 1929 but that event did not immediately impact the everyday man on the street… not for a while, anyway.  Eventually, it affected almost every American and many others in foreign countries as well.  
     
    If I pick up my cloudy crystal ball and try to see into the future, I see a similar situation that consists of a series of events that destroy capital, bankrupt companies and individuals, and severely impact the production of essential goods and services throughout the world.  Business and industry is far more integrated now than ever before, so a collapsing economy will be able to easily leap across oceans and national borders.  There is simply no way to contain it to a single country, as the folks in the EU are trying to do with Greece.  They do seem to be delaying Greece’s day of reckoning but at tremendous cost to Greece and its people as well as to any number of others in the EU.
     
    While Greece is small on the world stage (an economy that was once the size of the State of Washington), it can be that first little chunk of snow that falls from the crest of an alpine snow ridge and starts a huge avalanche that sweeps all before it, crushing and burying all that lies below its crest.  Bad as that will be in Europe, it will reach out to other places and inflict serious financial damage in other places.
     
    Not so small is Japan.  People who study economics, history, finance, and politics are VERY concerned now about Japan and how it might be large enough to bring down the entire world financial system via the derivatives that they and others hold when the economy of Japan truly collapses.  If Greece is the fuse, Japan is the detonator that will set of the explosion of the world-wide Greater Depression.  With its $5T economy, massive 200% of GDP debt ratio, devalued currency, and failing government bond it almost seems a “perfect storm” scenario.  We can be sure that China is keeping both of their eyes on Japan, searching for any possible advantage that they might be able to glean from Japan’s difficulty.  Not that they don’t have plenty of their own to worry about, but they might see this as a way to use the “Japanese put” to reduce their own problems.
     
    The good news, of course, is that all this means that since the entire world is confronted by economic problems of very large scope at about the same time, it will be in everyone’s best interest to come up with a real solution.  It won’t be a matter of ‘will they or won’t they’ because they absolutely MUST.  There is no other way out of this difficulty.  We either move forward with a common purpose to arrive at a solution that costs and benefits everyone about equally or we enter the economic equivalent of a Dark Age.  Something of this magnitude can be so frightening to everyone that they will even work together for the common benefit instead of continuously fighting over the small stuff.  The ship is going down in shark-infested waters and we need to build a secure raft RTFN!  I believe that we will but I also believe that it will be the most difficult time to confront mankind since the European Dark Ages.
     

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