derivatives

The values of gold and silver would be substantially higher if it wasn’t for the massive derivatives market.  Americans have no idea that the Derivatives Monster destroyed the ability for the market to properly value physical assets, commodities and the precious metals.
Without the Fed & Cartel Bank market rigging, a Dow Jones of 6,000 would mean gold would hit $6,000 (at 1980 Dow-Gold 1/1 ratio) and silver would reach $272 (at 1980 Dow-Silver 22/1 ratio).
The financial markets today are riding on FUMES.  There is no way telling how long the FACADE can go on, but with tensions between the West & East increasing significantly, we may see fireworks sooner than later.

At some point, the BRICS will pull the plug on the GREATEST PAPER PONZI SCHEME in history, making gold and silver some of the best assets to own.

silver

As the manipulated paper price of silver heads lower, so are the silver inventories as the Shanghai Futures Exchange.  The silver stocks hit an all-time low today as the price of silver trades in the $17 range.  At the peak, the Shanghai Futures Exchange held 1,143 metric tons of silver.  However, today only 7% of that record amount remains.
As we can see from the chart below, silver inventories declined from a high of 575 mt (metric tons) in February, to a low of 81 mt today.

copper girl

While it’s true that the entire financial system is rigged today, some markets are manipulated more than others.  This is certainly true for the precious metals… particularly SILVER.
This metal is the whipping boy of the Fed and Cartel Bullion Banks.  Most would believe it’s impossible to manipulate a metal for decades… it isn’t.
If we look at the two charts below, we can see just how much more of a beating silver has taken compared to copper over the past 3 years:

silver eagles SLV

There is a chart that every silver investor needs to see.  Especially now, as the Fed and Central Banks continue to manipulate the precious metals lower while propping up the broader stock and bond markets.  Even though precious metals sentiment is at record lows, this normally represents a turning point in the gold and silver markets.
Silver Eagle sales held up much better than Gold Eagles in 2014.  According to my year-end estimates, 2014 Silver Eagle sales will only decline 13% year-over-year, while Gold Eagle will fall 45%.

Now… let’s get to the chart I believe every silver investor needs to see:

silver stocks srsrocco

The U.S. Empire is in real trouble.
While it’s true that the gold and silver market have taken a lot of punishment over the past several years, there’s a good reason China, India and Russia continue to add to their gold hoards.
The day will come when an AVALANCHE of countries exiting the Dollar will finally destroy its value.
Unfortunately, the majority of Americans holding onto paper assets will be the last to know when this occurs, while precious metal investors saw it coming….. much later than they anticipated.

banksters

The Pilgrims Society remains present at this moment behind the scenes and traces to conspirators active in the Crime of ’73, the Panics of 1857 and 1837, both United States Banks, and much more.
The path towards fiat is always the same: First, assassinate silver.  Second, hit gold! 

Silver-Squelchers-Parrt-1

It is a burning shame in the eyes of all the world that the United States, the greatest producer of silver, will not protect her own precious metal productIt is a case without a parallel in the history of nations down through all the ages.”
During 1902 and 1903 an organization was founded which I came to regard as history’s most interesting organization.  This is The Pilgrims Society of London and New York, as those who have followed my presentations are aware. This marks the start of a series of eleven presentations.

We will examine 15 names derived from lists of this organization from the following years—1902-1903; 1914; 1924; 1933; 1940; 1949; 1957; 1969; 1974; 1980; and the final installment, to be derived from names found by other means than rosters—because to date, there ARE no rosters for this group available since 1980!

economic dollar collapse
Play

PM & Oil expert Steve St. Angelo joins the show this week for a power packed interview discussing: 

  • Mexican standoff in the silver market- will Asian physical demand overwhelm naked paper shorts? 
  • Steve Explains Why Peak Oil Will Destroy the Value of Paper Assets, & Decimate the US Market
  • US Gold & Silver demand ROARS back: Wholesale US gold market CLEANED OUT of all secondary market coins in past 48 hours
  • Steve compares what is coming to the US in the next 3 years to the end of the Roman Empire, and discusses why backing the US’ $17 trillion in debt won’t prevent A COLLAPSE WE DON’T COME OUT OF!

The SD Weekly Metals & Markets With The Doc, Eric Dubin, & special guest SRSRocco is below: 

ponzi

The U.S. Retirement Market has nearly doubled from $11.6 trillion in 2000, to a stunning $23 trillion level today… a growth of $11.4 trillion.
Now, let’s compare that to the total current value of U.S. physical gold investments since 2000.

silver maple sales

In a surprising update, Canadian Silver Maple Leaf sales for the first half of 2014 surpassed sales during the same period last year According to the Royal Canadian Mint’s Q2 2014 Report, just released, sales of Silver Maples hit a new record of 15.4 million ounces in the first half of the year.
In the first half of 2014, combined U.S. Silver Eagle and Canadian Maple Leaf sales hit a new record of 39.5 million ounces Even though this is only up slightly higher at an additional 500,000 oz compared to 39 million in 1H 2013, it is still positive growth while Gold Eagle and Gold Maple sales are down a staggering 54%.

empty-vault

While the Comex utilizes highly leveraged paper contracts to control the price of silver, physical metal continues to be drained out of the Shanghai Futures Exchange.  In just one week, total inventory has declined by another 24%.
At the beginning of August, there were 148 metric tons of silver on warrant at the Shanghai Futures Exchange.  In just three weeks, 29% of the total inventory was removed.
The majority of this decline took place last week when 22 metric tons were withdrawn on Friday alone.

silver demand

The banking cartel may not realize it, but they woke up a sleeping giant… physical silver investment demand. 
Before the collapse of the U.S. Housing and Investment Banking Industries, there was very little global demand for physical silver bars and coins.
This all changed in 2008, when the world faced a total collapse of the financial and economic system.
The global economic and financial system went into the emergency room in 2008, and have never come out.
If you thought times were rough in 2008 & 2009, just wait until things really fall apart this time. 

The ringleaders of the megabanks involved in the gold/silver fix have all had heavy representation in The Pilgrims Society.   The rest have been and remain represented in interlocking groups such as the Trilateral Commission and the Bilderberg conferences—groups founded by Pilgrims Society members.
Just to make reference to this alleged “new” silver fix, and how bogus it is, I offer this brief report. 
It appears that HSBC, Scotia Mocatta, and Mitsui & Company are the London based ringleaders of the “new” silver fix, along with Thomson Reuters, corresponding to their USA associate the CME Group.   Ever hear about a dog being “fixed?”
This is a mere matter of a group of gangsters who tossed the ball to others in their racketeering organization………..
The more things change, the more they remain the same.

Ron Paul goldJust when they announced the end of gold and silver in 2000, both started shining again.
It seems that it is not the death of gold and silver as money that will happen, but rather the death of fiat money. For more than 2,000 years, gold and silver have been used as money under different forms and have outlived any other form of currency (graph #1). We should not ignore also Dr. Copper. Gold and silver are called the eternal monetary couple, but I would also add copper and call it the eternal monetary trio.

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.