dynamiteDERIVATIVES BLOW UP As Deutsche Bank Bank Run Commences…

ge2Did you know that the hedge funds alone manage around $2.7 trillion, according to Barclay Hedge data?
Even if a small portion of the trillions sloshing around out there, decides to enter into silver, the “white metal” will shoot through the roof.

gold-silver-investmentsSo who blinks first?
The ECB – knowing the collateral chains that will snap. The Bundesbank – knowing their entire banking system is at risk.  The German government – knowing it’s over for them if DB depositors have to take a haircut… Or Brussels (EU)…

silver-eagle-coinKeith Neumeyer, President and CEO of First Majestic Silver Corp and Chairman of First Mining Finance returns to SGT report to discuss the roller coaster ride for mining stocks in 2016 and where he think we are in the current correction. Always a straight shooter, Keith bemoans the current 70 to 1 silver to gold ratio asserting that it is no longer sustainable as miners like First Majestic are only yielding only 9 ounces of silver for every one ounce of physical gold they find, and that real world ratio is continuing to decline.

Source: Nanex

Source: Nanex

Tomorrow is options expiry and judging by the open interest reported today, the bankers will surely attack tomorrow.  It seems that they have circled $1340 gold and will do everything possible to keep the price below the level.  As far as silver is concerned, it looks like they want the price below $19.50.

buffetBuffet has joined other billionaires in recent months to sit on the sidelines and wait for the crash that everyone knows is coming…

storm-wave-tsunamiGold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven”, reported Bloomberg last week, quoting Old Mutual Global Investors’ Diego Parrilla.
The metal is at the start of a multi-year bull run with a “few thousand dollars of upside” in a world of “monetary policy without limits” where central banks print lots of money and low or negative interest rates prevail…

AGXIIKDoes it come as any surprise that some of us buy real assets, even if it’s a few ounces of silver a week, like some of our stalwarts?
If nothing else,
it’s a middle finger f you to the elites who would have us by the knackers to do their bidding…

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burning-mic-fireWith Gold and Silver Prices Smashed Again Friday Afternoon, GATA Chairman Bill Murphy’s Mic Was SMOKING…

Harvey OrganHUGE NY/ SHANGHAI GOLD SPREAD TODAY!!
It seems that Shanghai pricing is higher than the other  two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price.
This should drain the comex…

Buy Gold Bars at SD BullionGold surged sharply this week after the Yellen Fed yet again chickened out on raising its benchmark interest rate.  Gold-futures speculators’ irrational fear of Fed rate hikes has been a major drag on gold.  And rate-hike risks just plummeted in the coming months, since the Fed can’t risk acting heading into this year’s critical US presidential election.  So gold’s next major upleg was likely just unleashed by the Fed.

SprottIs the next MAJOR BULL RALLY in gold and silver prices underway?
The Admiral of the Silver Market Eric Sprott explains:
The Unintended Consequences have OVERWHELMED the Central Banks…

fire-burn-endJim Rickards has predicted a major upset to the global fiat currencies including the US Dollar at the end of trading at September 30th as the Chinese Yuan is added to the SDR basket of currencies. 
Financial Expert David Morgan warns Derivatives & swaps leverage are poised to COLLAPSE…