CONDITION RED: The Coming Deflation in the Value of Paper

Today, we don’t have cheap oil to pull us out of the huge mess we are facing as the Global Financial System is loaded with Debt, Derivatives and Fraud as far as they eye can see.
When the highly leveraged Global Financial System finally crashes, it will pull down the energy industry with it.  Thus, a great deal of the supposed forecasted growth of oil and gas will no longer be commercially viable.
This will also destroy a great deal of the PAPER CLAIMS such as futures, options, derivatives and etc, leaving a mad dash for physical assets.   Some think we will see Deflation… we may.  However, I believe it will be DEFLATION in the value of paper claims with a huge RISE in the value of the physical asset.
It will be the disintegration of the 100 paper claims on gold and silver that will implode to zero, while the actual physical bullion will hit levels thought unimaginable.
When this occurs… remember my favorite line:
GOD HATH A SENSE OF HUMOR.

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SRSRocco: How The Global Financial System Will Collapse

dollar collapse panicOne day out of the blue, the Global Financial System will collapse plunging the world’s economies into a depression for which there is no recovery.
The reason for this sudden collapse will be due to a factor that most analysts fail to recognize or understand.
While the mainstream media and alternative analyst community focus on the typical economic indicators, monetary system, derivatives and debt markets… the real problem for the world financial system will be the rapid change in the “PERCEPTIONS” of assets by investors and the public.   The coming abrupt change in market perceptions of paper assets will force investors to move into physical assets such as gold and silver to protect wealth as best they can.
This event will likely occur rather quickly — virtually overnight.

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2014 Official Coin Sales: Silver The Big Winner While Gold Sales Plunge!

Gold & Silver Eagle Sales Yearly Change Jan-AugAccording to the most recent data put out by the Official Government Mints, silver coin sales are outpacing gold in a big way.
Silver Eagle sales up to the first week of August reached a little more than 27 million compared to 30.3 million during the same period last year.  This was due to a big drop off in demand during June and July.  
In contrast, Gold Eagle sales declined a staggering 376,825 ounces (55%) from 683,325 oz in 2013 to 306,500 oz year to date.

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Speak Against FDR Type Metals Theft–Open Letter To Senator Rand Paul

Senator Paul, in the spirit of your sponsorship of the FAIR Act, which would protect honest people’s life savings from British redcoat style brigandage and piracy, we ask you to consider making a ten minute speech in the Senate chamber warning President Obama to not rev up his accumulated disgraces by being so brazen as to cite “precedent” and “national emergency” or “military crisis” or “systemic banking collapse” or “overseas dollar repudiation” for invoking Executive Orders in any way comparable to those issued by Franklin Roosevelt on April 5, 1933, seizing gold from Americans, followed by the tyrannical EO of August 9, 1934, ordering Americans to surrender bullion silver to the Treasury Department. [Read more...]

Chinese Silver Inventories Nearly 90% Depleted At Shanghai Futures Exchange

Shangahi Silver Stocks July 2014Chinese silver inventories are growing increasingly tight as stocks at the SFE continue to fall to record low levels. 
After the PAPER SMASH in the price of silver in April 2013, we can see just how fast inventories declined. 
By August, 2013, silver inventories at the Shanghai Futures Exchange fell 610 mt to 533…  a staggering 53% decline.  Inventories continued to fall, but a slower pace until they reached a low in November at 418 mt.
Then over the next three months, there was a build of silver stocks to a high of 575 mt in February, 2014.
Once the price of silver started correcting lower, inventories declined in March to 417 mt, and then a huge fall to 246 mt by the end of April.  In May and June, silver inventories remained relatively flat as spot price bottomed then headed higher in June.
When June rolled into July 2014, once gain, the price of silver headed lower right along with the decline in silver warehouse stocks..  Another 86 mt were withdrawn in July as inventories are now the lowest level (148 mt) they have ever been.
In a nutshell, silver inventories declined nearly 90% from their record peak set in March, 2013.  
The Shanghai Futures Exchanged experienced a net decline of 995 mt from March, 2013 to the end of July this year. [Read more...]

GOLD MINING INDUSTRY: Fuel Costs Explode Over The Past Decade

CAT 797 picThe gold mining industry literally devours energy to produce an ounce of gold.  In the past decade, fuel consumption at the top gold miners more than doubled, but the actual energy cost grew at a much higher rate.
The huge increase of diesel consumption at the top 5 gold miners is due to several factors.   As ore grades continue to decline, the gold mining companies need to extract more ore to produce the same amount of gold.  Thus, the massive haul trucks that transport this ore burn more diesel in the process.
Furthermore, as open-pit mines age, they deepen which forces the haul trucks to travel longer distances at a higher grade.  One of the largest haul trucks in the world is the Caterpiller 797F.  These haul trucks are massive and can transport 400 metric tons of ore in a single trip.
The CAT 797F costs $5 million a pop and uses six tires that cost $42,500 a piece.  Studies show tire costs can exceed 25% of total haul-truck operating costs per ton; and total tire service and replacement costs over the useful service life of a haul truck can exceed the original purchase price of the truck!
The CAT 797F has a standard 1,000 gallon tank and has options for a 1,500 and 2,000 gallon tank. 

Did I mention that the CAT 797 gets 0.3 miles to the gallon of diesel? 

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Welcome To The NEW DARK AGE

Gold has been banished from everyday use, and can only be hoarded unproductively.   Gold is going into hiding. 
This is not the first time gold has gone into hiding; gold went into hiding in the days of the collapse of the Roman Empire of the West.
It is going into hiding again, in the present slow-motion financial collapse of the world.
The price of gold will enter a rising trend, no matter how violent the official interventions to control its price, because at the present low prices it will be impossible for the gold market to satisfy demand for gold from a largely silent minority of mankind that wants to own gold.   When this happens, we can expect the criminalization of gold ownership, at least in some quarters of the world.
Gold today has really only one enemy: the Federal Reserve of the US.
I bid you welcome to The New Dark Age.

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Three Signals For A Huge Silver Spike In 2014 (Has JPM Gone Massively Long Silver?)

While the average price of silver remains at a multi-year low, there are several indicators pointing toward a much higher price by the end of the year.
If we look at all three INDICATORS-SIGNALS together, we can see SOMETHING BIG is getting ready to occur in the precious metals market.

The first involves what appears to be evidence that JPMorgan has gone MASSIVELY LONG silver:

 

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INDIAN SILVER IMPORTS: Near Record At A Quarter Of Global Mine Supply

Indian Silver Imports vs Global Mine SupplyIt looks like at least one country is still taking advantage of the extremely low paper price of silver.
From information just released, India continues to import a near record amount of silver in 2014.
Even though silver imports slumped in June compared to last year, demand is still extremely strong.
Do you really believe top silver producing countries like Mexico and Peru as well as many other South American countries will continue to give away their silver for a mere pittance when the Dollar finally loses its World Reserve status?
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“Wrecking The Silver Monetary System”: Silver Suppressors Hiding In The Dark — PART 2

swingThe organization responsible for destroying the role of silver as money, is documented in this article.
This organization makes the Bilderbergs look like pikers.
If you think you know the true story of Silver, this article will surely DESTROY many myths and incorrect assumptions.
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TOP GOLD MINERS: Yields Fall To The Lowest Levels Ever

freefallWith the results for 2013 finally in, the top gold miners average yield fell to the lowest level ever. 
This is a surprising development considering that the average price of gold dropped to a low of $1,411 in 2013. 
Normally when the price of gold falls, gold miners switch to higher grades to remain profitable.
However, the top five gold miners’ average yield declined another 5% in 2013

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SILVER SUPPRESSORS HIDING IN THE DARK (Part 1)

“Who are these Pilgrims? I have since made a study of them. Their organization is one of immense power, and just now they hold our country in the hollow of their hands. They control the banks, they control the press and can sway public sentiment by means of their corrupt news services from one end of the country to the other. They are determined to force this country into war.” [Read more...]

U.S. Exports More Gold To Hong Kong Than It Produces From Its Mines

U.S. Domestic Gold Mine Supply JAN-APR 2014In the first four months of the year, the U.S. exported more gold to Hong Kong than it produced from its domestic mining industry.  Actually, gold shipments to Hong Kong were 29% higher than total mine supply from Jan-Apr.  That’s a pretty big deal when we consider U.S. gold production ranks third in the world. [Read more...]

BANK ANALYST: Manipulation Of Gold Data Distorts Reality

Top 4 Global Gold Equivalent ProducersAccording to new information obtained from a bank analyst, data provided to the public is intended to distort reality. 
I sat down with the analyst who shared some interesting insights on how gold and energy data are manipulated to mislead the public.
Things will continue to get more and more BIZARRE in the world financial system.
That is why it is wise to own physical gold and silver. 

The DEATH OF THE DOLLAR is coming… we just don’t know the exact date. [Read more...]

BARBAROUS RELIQUARY: The “China Meme” … An Elephant In The Room – Part 3

Rogue 1In the middle of this jungle of jaundiced analysis…and jumble of misapplied facts… there is an elephant in the room.
A golden elephant – with enough time and patience, it’s mysteriously invisible presence in plain sight will be made apparent to all.
The theme of China’s(or if you like –Asia’s) growing gold purchases has taken on a life of its own in the gold community…  the jist of which is that every ounce of gold which goes from west to east serves to strengthen the price of gold in western markets, and ultimately, bring about that hallelujah moment that westerners have been impatiently waiting for – when the POG skyrockets… to the sound of goldbugs popping champagne corks!
This post is about correcting that narrative… so that western precious metals investors can be better served, by more accurate information.

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