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monster-boxes silverWith gold and silver smashed this week and nearing 5 year lows, Craig Hemke joins the show to break down all the action, discussing:

  • Will the lows hold, or are we looking at the potential for a waterfall smash on Sunday night’s Globex open?
  • Have fundamentals deteriorated for the metals, or is the cartel knocking PMs down ahead of Greek collapse & bail-in?
  • Craig Explains Why the Bankers Are Ready to SUPPORT PM Investors
  • Ukranian/Russian Conflict Dramatically Escalates to Cuban Missile Crisis Level- Risk of WW3?
  • Its All Propaganda– NFP +280k jobs in May, NY Fed’s Bill Dudley Claims Rate Hikes Still Likely in 2015
  • Greek debt collapse this weekend? Greeks pull €1 Billion from banks Thurs/Fri!
  • MASSIVE Physical Demand Returns to the Silver Market- SD Bullion Burns Through Normal 2 Weeks Sales Volume of 40,000 oz of Silver &  600 oz of Gold in Under 24 Hours! 

The SD Weekly Metals & Markets With The Doc & Guest Host Craig Hemke is Below:

HarveyOrgan1At 3:30 pm Friday the CME sends down the COT report so we can get a good handle on how the crooks are going to beat up on gold and silver.
Gold and especially silver rose sharply in the access market.
Thus it looks like the raid on gold/silver is over and both of these metals will advance on Monday.

mineGold and silver are being hit again in early COMEX trading today, with silver plunging to $16.30 and gold knocked below crucial support at $1180 with a last of $1175. 
We suspect the commercials (JPM) are preparing to put their 125,000 naked silver shorts accumulated on May 19th at silver’s short term top of $17.80 to use…

Jamie DimonIn his latest public update, BrotherJohnF discusses why marking rigging & manipulation is getting worse by the day, & why the cartel has backed themselves into a corner they can’t get out of without a catastrophic worldwide collapse!

silver barsThis market is now clearly overbought and vulnerable to a correction. However, it is not the whole story, because it appears that US imports of silver have accelerated in recent months, suggesting someone is building a physical position for unknown purposes.

bankstersThe confirmed volume yesterday (which includes the volume during regular business hours + access market sales the previous day) was good at 208,737 contracts as the bankers continued to use non backed paper against all of that demand as they knocked off a few speculators.

Bo Polny joined us today for an update on major markets.  
He’s calling for a major sell-off on the dollar and treasuries.  He also sees a major sell-off on world stock markets as well.
It’s going to occur before summer and this will lead to a major increase in gold and silver prices.
He believes that you need to be long gold and silver and short the dollar and bonds.
Will he be right this time?  We’ll know shortly.

my-shorts-on-fireBetween the short interest in SLV, the high probability that a significant portion of SLV silver has been hypothecated in some form, and the enormous naked short interest position in Comex silver futures vs the alleged amount of silver stock available to deliver on the Comex, it’s entirely possible that a huge short squeeze in physical silver is fomenting
Perhaps it was JP Morgan and other bullion banks who were responsible for the enormous amount of silver imported into the U.S. during Q1 2015 as a means of partially covering their naked short position in silver via Comex futures, SLV short interest and OTC silver derivatives
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You don’t have to be Einstein to understand the potential force behind a short squeeze if just 20% of the longs on the Comex decide to stand for delivery in July because they are nervous about the dollar/economy.

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explodeWith gold & silver finally putting in a big week to the upside, The Doc & Eric Dubin broke down all the action, discussing: 

  • Breakout– gold & silver close big week at their highs
  • Surge to Weekly Close ABOVE respective 200 DMAs of $1221 and $17.20Set up for an EXPLOSIVE Summer? 
  • Dollar rolling over- USDX looks ready to head to 90
  • Physical Update: Big Money enters/returns to silver market with a JOLT
  • GREXIT- Greece to join BRICS? 

    The SD Weekly Metals & Markets With The Doc & Eric Dubin is below:

GoldMoney gold priceThe US dollar continued to lose ground this week, contributing to a firmer trend for precious metals.
Gold rose over $40 to $1223, and silver by $1.13 to $17.45, though prices initially opened a little lower in early European trading this morning, perhaps anticipating some pre-weekend profit-taking.