silverIn this Market Update, we discuss the best way to invest in silver, why the only way to protect your wealth and savings is to remove your money from any of the various custodians (banks, IRA/retirement fund custodians, ETFs, any financial firm) and the fraudulent nature of the U.S. financial system:

debt clockFrom Greg Hunter:
On the U.S debt clock showing gold being priced thousands of dollars more than it is priced in the markets, and also silver priced hundreds of dollars higher, David Morgan says, “I think it is $812 silver and gold $7,300. What that is is year-over-year increases in M2 money supply and yielding production of silver and gold in ounces. Or, you could say it’s the year-over-year production in ounces . . . and it’s an arithmetic problem. It’s dollars per ounce mined.  As to why they are doing this, I don’t know, but I will take a stab at it. Maybe it is to get this out in the public where few are awake and aware. It’s obviously showing the gold/silver ratio is out of whack. . . . Both silver and gold are way undervalued.”

China goldIn 5 days a total of 11,765 notices have been filed for 1,176,500 oz or 36.59 tonnes of June Gold COMEX Delivery. WHAT IS MORE FASCINATING WAS THE FRONT JUNE MONTH  INCREASED IN NET OI BY 678  CONTRACTS ON THURSDAYON FRIDAY IT INCREASED BY 78 CONTRACTS OR 7,800 OZ,  AND TODAY IT INCREASED BY 264 CONTRACTS OR 26,400 OZ.

silver rallyFriday could well be the game-changer so many have been anticipating.  Everything in developing market activity has to fit into a context, and our read for gold and silver has been guardedly bullish.  Friday may have been the final trigger to resume the rally from last November and confirm a bottom is in…


gun forcedWith Gold & Silver SCREAMING Higher On the Worst Jobs Report in Half a Decade, PM Fund Manager Dave Kranzler Joined the Show, Discussing:

  • Is the Correction Over?  Bullion Buyers “Shellshocked” As Gold & Silver Prices Jump Higher
  • “There Was Never Any Intent to Raise Rates” – It Was All About Targeting Gold!
  • Unprecedented Development in Gold – RECORD Amount of Gold Standing for June COMEX Delivery
  • Friday Was A Shift in Sentiment: “I Think We’re Going to Go Alot Higher” 
  • One of the Most Heavily Shorted Mining Stocks in the World Jumps Over 15% – Hedgies & Algos Jump Back On the Train

    Doc, Dubin, & PM Fund Manager Dave Kranzler Break Down Gold & Silver‘s Huge Moves Friday: 

beach ballThe reduction in gold’s open interest on Comex, which has fallen nearly 110,000 contracts since 16th May, informs us that speculative positions worth $13.6bn have been extinguished, and the Comex market is no longer overbought.

silver precipiceAfter our conversation with John Embry about the silver market, the discussion wandered into the housing and mortgage market on an ad lib basis. Below is our bonus footage with John Embry about the forthcoming systemic debt collapse led by mortgage and auto leverage: