Warren Buffet bought about 129 million oz of silver at $3.50 to $4 an ounce around 2002-2003.   JPM helped him with this purchase. He was forced to dishoard at around $6 an ounce and by 2007 silver was up to $17.
This forced sale was demanded because he found that he made the same mistake as the Hunts.  Buffet believed silver was a good investment return because of its demand and supply factors and was cheap at $4 an ounce.

The US government made it clear that buying 129 MOZ of AG was the equivalent of being a heretic to the Catholic church.

goldThe only assets relatively assured to survive this are gold and silver, the best redoubt for currency, bond and other debt destruction. That and our critical thinking minds.
The best way to front run the completely assured evolution of some hyper inflationary cycle, credit supply chain collapses, consumer goods shortages and martial law is to hold precious metals in your hands, grasped in the Vulcan Death Grip…

silver chartThe precious metals community has been abuzz this afternoon with an apparent overnight discrepancy in the silver chart published by the industry’s most widely recognized charting service. 
After displaying a 2 hour gap in the price of silver during London trading this morning, kitco appears to have simply scribbled lines to concoct and reconstruct the gap:

The damage in the interim is catastrophic.  It will produce an  IMPLOSION EXPLOSION event.  Like a supernova that results when a star runs out of fuel and collapses in on itself, this near infinite quantity of paper printed is does not act as fuel. It does nothing. It’s a drain and drag on the system.  And its Implosion is inevitable. 
You can see it, feel it, sense it. The price break higher is coming closer as all the other experiments and attempts to control the system fail by the numbers
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Why is gold and why is silver demonized with crushed values, daily manipulation of prices and constant propaganda against its use, categorizing it as a barbarous relic?  Because it represents the last man standing, a Horatio at the Gate, fighting a constant rear guard action against the soldiers of the banksters and central banks with their million man armies.  
This barbarous relic represents the real money currency of the barbarian clans who see, at a visceral level, the type of damage created in the war against gold and silver and consequently the war against us. These wars are 6,000 years old and we are now forced to fight them again.
And this barbarian is hell bent on taking the battle back to the banksters.
Silver and gold will be his PERSONAL WAR CHEST in this coming battle…

AGXIIKI am not certain what is going on in the COMEX because the figures are subject to falsification. The one thing I can say with certainty is the the banksters are doing what they always do when things get dicey.
They resort to the trade I will call:
THE RACE TO STEAL PENNIES OFF A DEAD MAN’S EYES
This you can take to the bank…

fire contagionLast Friday, June 26, was D Day.  That was the last day a person in Greece, for all intents and purposes, had the banking freedom we take for granted here in the US.  Today the Greek people are now stuck in a burning barn, finding out that the system they relied on is broken.  If there is not even a small reset, sometime within a week or two, there will be riots when food and gasoline are gone.
The Greeks had many options before June 26 2015. 

One day the stores and gas stations were full: The next day they were empty.
Systems fail slowly at first and then very quickly. You must be aware of the warning signs of systemic failure.
Being 6 months early beats being 1 day late.

1498071I am of the opinion that some of the Greek banks will not open Monday and those that remain open will shut down with a day of opening or at least by June 30.  The ECB and IMF are looking at June 30 as the absolutely deadline for full on default, no concealing it any more.
The ELA must protect its position and will likely order a bank holiday and full on capital controls because the bank deposits are now less than what is owned. Collateral is going to be worth ZERO in short order as a Greek default shoots rates to 50-90% on 2 year bonds, just like the last time Greece took the haircut that avoided a full default 2 years ago.
This will precipitate a bail-in as the ELA, along with the troika, will demand full deposit theft to protect this 100 billion euro assets still within reach.  Bank holiday will give the troika and ELA provisions time to extract everything they can reach in these accounts.  If the Greek central bank does not nationalize the banks sometime between Sunday and Wednesday, the banks will fail and crash, throwing the entire system into chaos.