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.

rocketBy Greg Hunter, USAWatchdog:

Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true. 
Kirby contends that a collapse isn’t coming but is already happening now.”

On physical gold and silver supplies, Kirby says, “Gold and silver are not as loved here as in the Asian countries. It’s relatively more plentiful here, but that can all change in a very short period of time. At some point, the available stocks in the West will disappear, and when they start to disappear, it will seem like a bolt of lightning coming out of the clear blue sky because they will be gone in no time.
What is Kirby’s prediction for the price of gold and silver by the end of 2016? Kirby boldly says, “I think it could be many multiples of the price right now.

Bernanke-Dimon-Fed-TunnelWhile much has been made about the record low Comex registered gold inventory, we’ve also been following a slow-motion “run” on the gold vaults of Scotia Mocatta. Could this be evidence of failing confidence in the bullion bank system?

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fireWith gold and silver rallying and physical shortages worsening, expert James Turk joins the show this week, discussing: 

  • SOLD OUT: World’s Largest Physical Silver Wholesaler’s Inventory Down to 3 Items- All Shipping in 6-10 Weeks!
  • Wholesale Silver Eagle Premiums Skyrocket to $5/oz- Premiums Likely to Reach 50% Within Next Few Weeks
  • Supply Side Implosion: Australian & Canadian Silver Production Down a Stunning 28% (11 M oz) Jan-June 2015 vs 2014! 
  • James Turk: We’re Scraping the Bottom of the Barrel at These Prices
  • You May Not Get a Liquidity Event With Next Lehman Style Crisis: May Wake Up With Silver $5 Higher Overnight! 
  • After 4 Year Correction, Turks Explains Why a Meaningful Rally For Gold is Overdue
  • Turk Warns: Next Collapse Won’t Be a Market Collapse, It Will Be a Dollar Collapse & Hyperinflation!

The SD Weekly Metals & Markets With The Doc, Eric Dubin, and James Turk is below:

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panicWith gold surging all week and the DOW on the verge of all-out free-fall after plunging over 500 points Friday, The Doc & Eric Dubin Break Down All the Action, Discussing:

  • DOW Plunges 500 Points Friday, 1300 Points on the Week- Is a Global Financial Collapse/Panic Underway? 
  • August Silver Open Interest Surges, Stands For Immediately Delivery of 35 Tonnes: Who Needs Immediate Delivery of 1,135,000 oz of Silver in a Non-Delivery Month!?!
  • Doc Explains the Mechanics of Hedging, and Why SDBullion Believes in Physical Metals, Not Hedging Sales to Dollars With Paper Gold and Silver Shorts
    Eric On Greece: Why GREXIT Finally Arrives in 2016

    The SD Weekly Metals & Markets With The Doc & Eric Dubin is Below:

GOLDTo be this blatant they must sense real trouble.
They can try to cover-up the carnage to the economy by pumping up the stock market and smashing the metals, but they can’t hide the coming sub-prime driven debt implosion OR the massive gold-buying going on in China…

stormThe position of the banksters is becoming unbelievably strained in the gold/silver suppression scheme.
There are now 351,519 oz of deliverable COMEX gold, valued at roughly $387 million dollars!  This means that deliverables, in dollar terms, are 7 TIMES LESS than they were when Kyle Bass took delivery of $1 Billion in gold and ran!
The amount of gold Bass helped take possession of alone, was three times greater than what remains on the Comex “deliverables” line item today.
This means that if another “Kyle Bass” today tried to remove a mere $1 billion in gold from “registered” gold,
something exceptionally ugly would take place!  

collapseWhen you are running a Ponzi scheme as large as the paper gold and silver scam and the jig is almost up you will do anything and that is the short term predicament we find ourselves in.
The podcast below with a well-known investment strategist was completely unplanned and unscripted…

gold vaultWe watched intently as July Comex silver deliveries spiked to unusually high levels.
Now, with August Comex gold in delivery, we’re starting to see some of the same demand.
No, it’s not a “run” or a potential “default”. It may, however, be another indicator of extremely tight global wholesale precious metal supply.

gold vaultThe lower price of gold has triggered an avalanche of physical gold accumulation both globally and in the United States.  This means that the behavior of the gold holdings of the GLD Trust are behaving inversely to the observed behavior of the global market for physical gold – i.e. the amount of gold held in “trust” at GLD should be rising, not falling.
The ONLY explanation for this is that GLD is being looted by the bullion banks.

U.S. Retirement Market 1974-2014The once great U.S. Empire is now in big trouble.  The U.S. Empire is on its last legs. 
At some point, we will not be able to trade worthless Fiat Dollars for our oil imports.  Falling domestic oil production, on top of falling oil imports will wreak havoc on the U.S. Economy and most paper and physical assets.  Thus, the collapse of the U.S. Retirement Market will cause an EPIC SURGE in the price of gold.
This is why it is best to see the WRITING ON THE WALL and invest in gold and silver before its impossible to acquire the metal.