asian gold demand

China is still in a holding pattern ready to pounce when needed.
The open interest on silver is  still highly elevated.  Gold has a low OI with a low gold price.  Silver has a high OI with a low silver price.  Something has got to give!!
Let’s head immediately to see the major data points for today…

tfmetalslog

In the second part of this excellent interview with Finance & Liberty, TFMetalsReport’s Craig Hemke discusses:

  • Gold, silver, platinum, palladium: What are the best precious metals to invest in? 
  • Coins, rounds, or bars: Are government minted silver coins better than silver rounds?
  • Shortage- what shortage? When is a silver shortage going to hit? 
  • How do we predict the timing of an economic collapse?
  • Will gold or silver protect you in a coming hyper-inflationary currency collapse? 

Craig Hemke’s full interview is below: 

smash

The Federal Reserve and bullion banks, through decades of body-slamming the silver “market”, have actually removed silver so far from “Bubble” status, that you couldn’t see it with the Hubble telescope!
Instead of expanding upward and outward, it has been forced inward and downward, through the numerous crimes of these crooked institutions.
In fact, silver has become something far more unusual
: it has become a reverse/inverse bubble.
It has far undershot any sane and fair valuations.  It hasn’t just limbo-ed under the bar of rightful value, it has taken the subway, and then jumped down a mineshaft, and crawled safely 5 miles below those bars of rightful value!
The true bubble in the world is the 1 quadrillion(1,000 trillion) dollar OTC derivative market.
The true bubble in the world is the U.S. treasury market.
The true bubble in the world is the U.S. dollar, which is simply a debt unit that the U.S. treasuries are measured in.
Those real bubbles have been propelled where they are, by governments and banks simultaneously smashing silver’s price through the earth’s crust.
But all those bubbles are about to meet a hard, silver wall of reality.
Silver’s moment will arrive.

gold bottom

This bottom may be the longest yet.
This is psychological warfare and does not resemble the true PM physical market at all but it is contrived through manipulation to depress speculation so that physical buyers will stay away from PMs and trust bonds and equities while Ebola and ISIS rip up the daily headlines.
The DOW is off 1,000 points in just a few days, fear of deadly disease or decapitation stories is gripping the news and gold and silver have plummeted?

Does any of this make any sense?  FEAR UP, gold down?
Can you spell M-A-N-I-P-U-L-A-T-I-O-N ?
Stay thirsty for physical, my friends, the day of redemption draws near!

tfmetalslog

TFMetalsReport’s Craig Hemke joins Finance & Liberty for an in-depth interview discussing:

  • QE- Will the Federal Reserve stop printing money?
  • Latest PM takedown- Why did precious metals prices crash?
  • Outlook for gold & silver- Will precious metals stay low?
  • Who is responsible- Are China and India manipulating precious metals?
  • What will the first sign be for the rise in the price of silver? 

Craig Hemke’s full interview with Finance & Liberty is below: 

Chris Powell
Play

GATA’s Chris Powell joins us this week for a power packed show discussing:

  • Powell’s view on the endgame- Central banks will revaluate gold upwards substantially overnight, after which the gold suppression will start again from a much higher level  
  • Massive Chinese gold accumulation: China doesn’t want a free market, they want control of the gold market!
  • If Gold & Silver Markets Are Not Rigged, They Are the Only Markets Not Rigged- Free markets are restraints on Central bank power!
  • Physical vs. certificate bullion- Chris asserts that if you’re taking certificates at a bullion bank, you might as well flush your money down the toilet!  
  • Physical PM investors are fighting every central bank in the world- they won’t relinquish their power easily until the last ounce of metal is drained from the markets.
  • Is the collapse of the fiat system imminent, or will the struggle against Central banks go on for decades?

The SD Weekly Metals & Markets With Special Guest Chris Powell is below: 

HarveyOrgan

 China is still in a holding pattern ready to pounce when needed.
The open interest on silver remains highly elevated.  Gold has a low OI with a low gold price.  Silver has a high OI with a low silver price.
Something has got to give!!
Let’s head immediately to see what the data has in store for us today:

silver smash

Silver investment demand has rocketed from less than 10% of industrial silver demand’s size, to nearly 50% of its size in just 6 short years.   
This is historic.  And it spells biiiiiiiig problems for the “biiiiiiig players”.

HarveyOrgan

Let’s head immediately to see what the data has in store for us today.
First:  GOFO rates:
We are moving closer and closer to backwardation!!

moon

Have gold and silver seen a bottom yet, and is there a turnaround soon in the cards?
No, and no.  The realization that the Shanghai Gold Exchange has not had the impact of “truth in gold pricing” many expected, should come as no surprise.
It is still business as usual as gold and silver languish around recent lows

There is no date one can mark on the calendar that points to an end of the Rothschild dominance over Western fiat currencies and their suppression of the anti-dote to all fiats, gold and silver.

images

Less than 3 weeks after the S&P downgraded US debt in 2011, after gold’s initial spike to $1900, the Government’s renewed war on gold began.  The reason for this is that, in the face of trillions being printed by the Fed and trillion dollar deficits being incurred by the Government, gold was about to take out $2,000.
This was a milestone that would have likely triggered a flood of capital into both physical gold in this country and into the futures. A move like this would have destroyed the credibility of the U.S. dollar as the world’s reserve currency. It further would reflect the actual truth regarding the collapsing economic/financial condition of the United States.
To keep this from turning into an event that would hinder Wall Street and the Government elitists from completely looting the wealth from our system, they had to implement a massive program of market intervention in order to take down the price of gold and eliminate the signal it was sending to the world that the U.S. is in a state of slow collapse.
Your only defense against the poisonous cesspool swirling beneath the carefully crafted facade of lies and disinformation – short of just leaving the country – is to move as much of you liquid wealth as you can into physical gold and silver. Because when the U.S. Government’s war on gold is finally forced into capitulation, the collapse of our system will be unlike the collapse of any other superpower power nation in history.

silver sales

After the recent price smash in silver, investors purchased a record amount of Silver Eagles.  In the past week, the U.S. Mint sold a great deal more Silver Eagles than it did during the same time period in every other month of the year.
Not only are first week sales of Silver Eagles stronger than any other month, they have already surpassed the total sales in the month of July and August!
The best time to buy Gold or Silver is anytime before the Financial System collapses.
The day after… will be too late.

Bernanke-Dimon-Fed-Tunnel

PM Fund Manager Dave Kranzler joins us this week for a power packed show discussing: 

  • Triple Bottom or Dead Cat Bounce?  The outlook for gold & silver over the next 6 months
  • Physical silver update- demand explodes as more physical sold in the first week of October than all of July & August! 
  • Giant House of Cards- why the fundamental economy has been completely rotted out
  • Kranzler explains that the banks have been able to continue manipulating silver futures far longer than expected because only 2% of futures contracts ever stand for delivery
  • No other commodities market in which the amount of outstanding futures contracts to the underlying deliverable is so out of balance- this would all end if the longs would simply STAND FOR PHYSICAL DELIVERY

The SD Weekly Metals & Markets with The Doc, Eric Dubin, and PM Fund Manager Dave Kranzler is below: