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The Doc and Eric Dubin from SilverDoctors & SD Bullion joined the SGTReport this weekend to talk about all things silver.
We discuss the new record in silver eagle sales and the fact that in ancient Rome, payment for a hard day’s labor was 1/10th of once ounce of physical silver.
Today, due to the massive manipulation, a person earning $50,000/year is compensated with the equivalent of 10-11 ounces of physical silver per day.
More than 100 times the historic norm — and it’s only possible because silver is the most manipulated, most undervalued tangible asset on earth.
The Doc points out that with the current silver gold ratio over 70 to 1, while the earth’s mining output in 2013 was a mere 8.3 to 1, a move to fundamental valuations could see silver place a 10 bagger vs gold!

The Doc & Eric Dubin’s full interview with the SGTReport is below: 

Another Conspiracy Theory Becomes Conspiracy Fact. 
Well, well!  Once again, all the “tin-foil” hat-wearing folks are looking like the smartest guys in the room, as an intriguing secret this week is revealed about a certain precious metal!
This is the biggest news of the week, yet nearly no one has mentioned it!
Now that we know this secret, it behooves us to use this knowledge to ask some very tough questions of the mainstream gatekeepers, like the World Gold Council, or the Silver Institute.
Investors should be furious, and hopefully, lawsuits will be forthcoming, now that this information is officially acknowledged!

apple silver shortage

Comparing Apples to Ounces:
In this week’s Clarion Call, we take a look at the market cap of Apple Computer, then compare it to the nominal GDP’s of several nations, and are left with a dizzying perspective.
Lastly, for kicks, we take the monstrous number of this one company,and place it beside the tea-cup poodle known as the “physical silver market”.
After all, there’s nothing like looking through the big end of a telescope, to bring these disparities into razor-sharp focus.

gold & silver sold out

The U.S. Mint had to suspend sales on November 5th due to its inventory being totally wiped out. 
The Royal Canadian Mint also put the sales of its Silver Maples on limited basis due to high demand as well.

If the Royal Canadian & U.S. Mint have difficulty now trying to meet demand for the 2-5% of public demand… what happens when the GREAT RUSH INTO GOLD & SILVER BEGINS??

silver bars

There was a huge development reported in the silver market last week as the GFMS is reporting SIGNIFICANT DRAWDOWNS of UK silver inventories:
With imports in the first ten months totalling a massive 169 Moz many vaults in the UK, traditionally the largest supplier to India, have seen significant drawdowns.

A drawdown of U.K. silver inventories may mean a REAL ACTUAL TIGHTNESS of wholesale silver (not retail) in the future. 

silver gold fire

Central bankers may never buy silver, but hundreds of millions of Indians soon will, and that is all it will take to launch silver’s value to a price which is many multiples higher than it is now.

silver production

The GFMS is predicting that the official arrival of PEAK SILVER will occur in the next 2-3 years. 
Meanwhile, a draw-down of LBMA silver inventories may be the beginning sign of looming future physical delivery problems.

volcano

The record high investment demand of silver and gold, coupled with monstrous central bank purchases, is putting the hurt on the “just in time” precious metal-delivery system the bullion banks have been operating for many years.
These banks are being caught in a pincer movement, which are once again threatening their hallowed, price-setting mechanisms.
There’s growing evidence that the system’s widening imbalance between supply and demand is again becoming critical. The amount of silver and gold that Western central and bullion banks are able to bring to the market is growing more and more inadequate.
As long as the cartel can make timely deliveries to all the parties who want to buy silver, then this silver price suppression scheme will continue.  We will only see a freed silver price (as we nearly did in 2011) when they take silver’s contractual price (paper price) to levels which cannot be adequately delivered to both investors and industrial users alike.
With each and every Comex-Open, silver price-pummeling, that day grows ever closer.

silver demand
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T. Ferguson joins The Doc & Eric Dubin for a Special Market Alert edition for this week’s Metals & Markets, discussing: 

  • US Mint caught completely off guard by EPIC physical demand, SOLD OUT of Silver Eagles after burning through over 2 million oz in less than 2 hours Wednesday morning!
  • Primary Dealer of Silver Eagles CAUGHT OVERSOLD- reportedly cancels previously placed contracts for Silver Eagles- a completely unprecedented development!
  • Silver tests $15- are we staring at a 2008 Deja Vu collapse to support at $9? 
  • Not just the US Mint- Canadian Mint may be sold out of Maples as soon as Thursday, and one of the US’ largest  private mint HALTS SILVER ROUND SALES!

You won’t want to miss a minute of this MUST LISTEN Special Market Alert Edition of the SD Weekly Metals & Markets below: 

petro dollar sunset Willie

When the Shanghai exchange runs dry out of silver, they will use the event as a legitimate checkmate excuse to revalue both silver and gold.  This ties in with Dr. Jim Willies “GRAND GOLD SHOCK EVENT” prediction.  China’s physical gold holdings will go up in value all while they rake in their paper shorts on the other side.  This will cause shockwaves to the gold, silver and the FOREX derivative markets!
Without the Shanghai physical drain on silver supplying the mints, the COMEX and LBMA would have defaulted by now.  This is no accident.  China created the loophole like a Trojan horse targeting the Achilles’ heel of the financial system.  Silver is the sacrificial pawn.
Wall Street took the arbitraged silver bait and it’s almost time to back up the truck and go ALL-IN!  Gold and silver are about to slingshot out of the station!  The game ends when Shanghai runs out of real silver!
A PLANNED CHECKMATE IS NOW IN FULL VIEW

SILVER-RUSH

Investors snatched up a record number of Silver Eagles as the paper price was manipulated to new lows today.  This is a very strange market phenomenon, as several “Official” analysts forecasted a drop or sell-off of physical metal if the price continued to decline.
In just the past two days, investors purchased more than 1.4 million Silver Eagles.  This pushed the total sales for October to 5,790.000, surpassing the record set in March at 5,354,000:

JPMorgan

Just in time for the Halloween Spooks to come out and play by slashing the prices of the precious metals, JP Morgan (vampire squid), experienced another ghastly withdrawal from its gold inventories Friday.   Something quite eerie seems to be taking place as the majority of Comex gold withdrawals are coming out of the dark dungeons at JP Morgan Chase.
In just one week, JP Morgan has lost 41% of its total gold inventories.