Anteres RocketUnder “normal” circumstances, almost all gaps get “filled”.
The ULTIMATE GAP…one that is NEVER FILLED, is coming…

collapseWhether you want to see it or not, the financial system is in a forced unwinding.
It took some 70 years to build this great credit edifice.
When it goes it may take less than 48 hours to take it ALL down.

Buy Silver Kookaburras at SDBullionA situation where more gold standing for delivery than is claimed to exist is NOT a “good” thing.  This is a VERY dangerous situation of potential default and one where by hook or by crook has been avoided to this point. Is it this delivery month where delivery fails?  I do not know.
I do know we live in a world where China is importing every single gold ounce produced on the planet leaving nothing else leftover for the rest of the world.
This situation can only last or continue as long as vaults have gold and the owners are willing to fill the deficit between supply and demand.
I will say this, the global financial system will completely seize up and close for trading once gold delivery fails.  This will only take 48 HOURS after a failure, and the ability to procure metal, sell stocks and bonds, or do anything else financial will not be an option.

planeSo here we are at a point in time where reflation is no longer possible and the deflationists are being proven correct. They are correct in regards to a credit system working in reverse with a negative feedback loop stoking a deflationary death spiral.
There is just one small problem…

Fed monkeyWhat’s going on has to be on purposeThere’s no one in their right mind that would put the policies into place that they have, because they are steering us into the ditch.  It’s not like we’re going off the road into a ditch by mistake…”

crashThe global margin call is being issued with no hope of it being met.
We will shortly be hearing individual “names” as we did back in 2008. Names like Fannie and Freddy, Lehman and Merrill, Citi and AIG. Once you begin to hear “names”, we will be very close to the plug being pulled on markets.  

This is it. We’re watching the meltdown. This is history being made
The margin call, the meltdown, we’re watching it in real time… I guess the best way to look at where we are right now is, we’re standing at the gates of Hell.

dust clearsTo think “this time will be different” is the height of idiocy.
The only “difference” will be the scope and magnitude of how bad the collapse will be.  Previous credit bubbles never included the issuer and finances of the world’s reserve currency.
The “foundation” to the world’s financial system will come into question and the greatest panic of all time will only be stopped by turning the lights out in the casinos.
Loss of control and the plugs being pulled all around the world will lead to one universal “view” – when the dust clears …it will be an UNRECOGNIZABLE VIEW!

From Greg Hunter: 

One of Holter’s 2016 predictions is for a market crash—a big one.
Holter contends, “I think you are going to see a closure of the system. Walmart shelves will be cleared out in a couple of days. This is like a hurricane, and it will last for a while.  This is not going to be something that will last a few days and be done and gone. . . This is going to take a fair amount of time to clean up. . . . If you live in the cities, well, good luck.  It’s going to be complete mayhem.