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With no usual SD Weekly Metals & Markets show this weekend with The Doc on vacation, Eric Dubin sat down for a special show with Jason Burack of Wall Street for Main Street, discussing:

-Ongoing developments concerning the probable addition of the Chinese Renminbi to the IMF’s SDR basket, of particular relevance given this Friday’s high level meeting among bankers in Washington, D.C.  
-Propaganda from the mainstream media is at an all time high
-Eric talks about the past strategies of the Roman Empire and the British Empire for divide and conquer and controlled chaos strategies to weaken key areas the US wants to control.
-Has Hilary already been anointed?
-The SDR, the new Asian Infrastructure Investment Bank (AIIB) and precious metals- whats to come in the 2nd half of 2015 & 2016?

50+ minutes of metals, markets, & geo-politics with Eric Dubin is below:

gold standard

Jason Burack of Wall St for Main St had on returning guest ‘Doc’ from the popular precious metals news website SilverDoctors  and SDBullion.
During this 35+ minute interview, Jason asks Doc about the sentiment for gold and silver in the West since he deals with customers who buy physical gold and silver.
Doc thinks sentiment levels are worse in the US and the Western world than in 2008.
He thinks Wall St, investment banks, governments and central banks have tried to intentionally manipulate sentiment, but that many professional investors are still accumulating physical precious metals every month or on dips.

Jason and Doc discuss Ted Butler’s theory on JP Morgan owning over 40 million oz of physical precious metals, whether silver miners are in trouble financially, if pure deflation will be allowed for how long and how well gold performs during deflation.
Jason and Doc also discuss if China will update its physical gold holdings in 2015.
Full interview including the Doc’s current outlook on gold & silver is below:

Gold Bundesbank

I checked last night the gold inventory levels of foreign deposits at the FRBNY.
The account shows that 9.577 tonnes of gold left its vaults, and there is no doubt that this gold belongs to Germany as they are the only official country so far that has asked for it back and has not already received what was wished.

beach ball

Gold & silver are spiking again this morning, continuing their week long rallies that began on the March FOMC statement when the market realized the Fed has no intentions of seriously raising interest rates. 
While silver has already cleared initial resistance at $17, Gold is preparing for a battle at $1200…

Harvey Organ

Several months ago the COMEX had 303 tonnes of total gold.  Today the total inventory rests at 250.04 tonnes for a loss of 53 tonnes over that period.  Lately the removals  have been rising!
Following is a brief outline on gold and silver comex figures for today:

Harvey Organ

We now have our first foreign casualty in the meltdown on Austrian Hypo.
The German bank DuesselHyp, with a tiny writedown of 348 million euros has gone belly up. 

Is this foreshadowing a future nightmare when a tiny write off  of 1.5% of assets creates  a total meltdown of a bank?

Harvey Organ

In silver, the open interest rose Friday by another astonishing 2,745 contracts even though Thursday’s silver price was up by only 8 cents. The total silver OI continues to remain relatively high with today’s reading at 174,702 contracts. The front month of March rose by 4 contracts.
We are now within a whisker of multi year high in the OI near a multi year low price. 
This dichotomy has been happening now for quite a while and defies logic.