Revelations have been piling up since the 2008 financial crisis. Major U.S. and international banks cheat their customers and rig markets.

hyperinflation“How on earth are we going to resolve $120 trillion on balance sheet and off balance sheet liabilities before we consider state and local debt and underfunded pensions?  My suspicion is we get out of this in one of two kinds of defaults.
I think we will have a series of unofficial defaults where we devalue the net present value of the obligations, which is a different way of saying we devalue the currency, gradually like we did in the 1970’s. I think that will have the same impact on gold and silver prices…

silver-trumpDoc & Dubin Are Back in the Saddle Breaking Down the Big PM Rally to Start 2017.
Doc Presents A Potential Black Swan For Silver Entirely Off the Radar:

Could Donald Trump’s Border Tax Plan Unleash Absolute CHAOS in the US Silver Market?  

SprottAre BIG Bull Moves in Gold and Silver Prices Just Getting Started?
Billionaire Eric Sprott Discusses His Outlook, Explains Why “Everyone’s A Seller of Bonds”, and Reveals What’s Next For Precious Metals: 

screaming-buyGold has hit the ground running in this young new year, a stark contrast to its brutal post-election selloff.  Rather remarkably, these strong recent gains accrued despite literally zero buying from one of gold’s most-important constituencies.  The American stock investors who almost single-handedly fueled gold’s strong bull market last year are still missing in action since the election. 
That means big gold buying is still coming:

trump-goldWe should ignore the short term noise of the Trump inauguration next week – although it is set to be compelling box office viewing!
However, it would be imprudent to ignore the likely impact of four years of the Trump Presidency on markets and particularly the gold market.
On Wednesday, we had just a little taste of this when his press conference led to turmoil and massive volatility in markets and gold rising on safe haven demand to over $1,200 per ounce:

goldFiring on all cylinders and tackling important economic and political events of the past month while looking towards what may happen in 2017, Jason and Eric make the case that gold and silver bottomed in December.  We examine the historical pattern often seen of a strong January and Eric places the historical trend into current context.

Bernanke-Dimon-Fed-TunnelWhile many things can be blamed on “market intervention” or “manipulation”,  new evidence released from Wikileaks cable published on GATA’s website, states that it was done on purpose to keep the public from hoarding physical gold.

gold-eagle-marketsGold and Silver Prices Are Powering Higher.  If Gold Breaks Through $1200 to the Upside, the Spec Shorts Are Likely to Begin Receiving Margin Calls. 
Translation: We Have the Set-Up For A Potential Short Squeeze. 
The SD Midweek Metals Report Is Below:

big resetThe climax appears to have begun last year, while the breakdown accelerates.
GREAT TRANSITION – GLOBAL CURRENCY RESET:

silver-eagle-coinKeith Neumeyer, the CEO of First Majestic Silver Corp returns to dissect the documented manipulation of the silver market in 2016, and the road ahead.
As we post this interview, the stated US debt is on the cusp of $20 Trillion, Bitcoin just surpassed $1,025 yet silver sits around $16. But the hard numbers outlined at US Debt Clock.org show that the REAL silver price in today’s dollars should be $1,005/ounce.
Only the clear and present manipulation of the precious metals is keeping them from reaching Bitcoin’s heights.

polny

Gold 2016 bottom arrived December 15, 2016 at $1124. 
A BRIEF January 2017 Gold, US Dollar & US Stock Market Update…
$9,102 Gold, $1,006 Silver price based off the January 2017 US Debt Clock with a US National Debt currently just under 20 Trillion and Liabilities per Taxpayer at $875,066!
Bo Polny Warns A loss of control is coming: