fireWhile demand for U.S. Silver Eagles declined a bit during the first quarter of 2015, the Royal Canadian Mint sold the most Silver Maples ever
Investors need to realize the GREAT FINANCIAL FIRE is coming.
It’s best to make sure you have physical gold and silver insurance BEFORE the fire destroys your financial home.

SILVER COT Chart 4 YearThere is no limit to how high the value of gold and silver could reach as the Greatest Paper Ponzi Scheme in history collapses.
Something strange is going on in the silver market.  There is no reason the U.S. should be importing a record amount of silver bullion as Silver Eagle sales are flat year-over-year, industrial silver consumption is likely lower, and the COMEX silver inventories didn’t really increase that much during the first quarter of 2015.
This makes the huge increase in the Commercial Net Short quite interesting. Something BIG IS ABOUT TO HAPPEN TO SILVER
The real question is… WHICH WAY WILL IT GO?

dollar reservesSteve St. Angelo (SRSroccor) joins me to cover the very latest in the gold and silver markets.   As we note, Bloomberg’s mockingbird journalist Nicholas Larkin recently wrote that if China could obtain 10,000 TONS of gold, it would justify a re-pricing of gold to $64,000 ounce.  However, Larkin argues that China has well under 2,000 tons by referencing the nation’s last official report from 2009.
Steve and I discuss how it’s far more likely that China already has 10,000 Tons of gold NOW!
So… what happens to the gold price once China officially updates its six year old “official” number… huh Bloomberg?!

Silver vs Gold Investment CHART newMany of the top precious metal analysts state that gold is the premium asset and insurance hedge during a financial collapse.  We hear this time and time again.  However, if we look at the data during the near collapse of the U.S. Banking and financial system in 2008, gold wasn’t the most sought after precious metal:

Americans would be quite surprised to know that even with all the U.S. Government sanctions and threats of war with Russia, we still import a significant amount of petroleum from the former communist country.
How much petroleum does the United States import from Russia?  Actually, a lot more when we focus on net imports.

Caption Contest 1

The Fed and Central Banks are in serious trouble and certain countries realize it.  This can be seen by the change in the gold price and its impact on U.S. gold exports.
If the Fiat Monetary Authorities believe a low gold price will discourage investors from purchasing the yellow metal… think again.


“We should be buying silver…..It’s an amazing story what’s happening……We are on Silver fumes! And people don’t realize it.
In the words of silver and oil expert Steve St. Angelo, come this September…It’s Gonna Get UGLY…

Total Global Conventional Paper Assets 2014There are 105 trillion reasons to own silver.  Very few investors in the world realize this, which makes it one of most undervalued assets in the world.  While the paper price of silver could go a bit lower, it’s forming a bottom while the major stock indexes are developing the BIGGEST TOPS in history.
When the MAD RUSH out of paper assets and into physical commences, you will wished you listened to one of these 105 TRILLION reasons: 

silver miners

With the last remaining company finally releasing their year-end results, my top primary silver miners lost a combined $1.9 billion in net income in 2014.  While two-thirds of the group reported significant write-downs (impairments),  two of the largest companies suffered the highest losses:

The Western U.S. Dollar based monetary system is headed for a train wreck.  This isn’t a matter of IF, it’s a matter of WHEN.  Investors lulled to sleep by the low paper price of gold are losing out on the best buying opportunity of a lifetime.  The precious metals will be one of the best insurance policies to own when the U.S. Dollar finally catches on fire and burns down the entire system.
There are several gold theories circulating around the alternative media on how the global financial situation will play out going forward.  While it’s impossible to really know how events will turn out in the future, there are some theories that I can guarantee, WILL NOT TAKE PLACE.
I will not get in to the particulars in this article, but rather provide two charts and a bit of common sense that will destroy the FAULTY GOLD CONSPIRACIES.

Bakken Peak JEANVery few Americans realize just how bad the domestic energy situation will become in the next several years.  While U.S. shale oil production has surged over the past five years giving Americans a false sense of energy security, the next five years will certainly destroy this myth once and for all.
The United States will be in serious trouble by the turn of the next decade.
As shale oil production declines, the U.S. will have to import more oil.
However, the U.S. Dollar may lose a great deal of its world reserve currency status as more countries move to alternative trade systems with the BRICS countries.

How will the U.S. purchase oil with worthless Dollars if no one wants paper Dollars anymore??
Got gold and silver?

Fed monkey

If the “markets” are rigged and economies divorced from true market valuations, then what (if anything) could trigger a recoupling of reality to the record setting flashing numbers presently offered by the “market” facade? 
My best guess is decelerating global credit and debt creation (and a rotation from private to government debt creation) is the harbinger progressively pushing the financial rigging to its ludicrous conclusion
The rigging isn’t likely to stop, but the loss of belief and confidence in these numbers (along with economic mismanagement based on these faulty signals) is soon to force market resets and revaluations of everything.
This will culminate in a global depression of unknown duration and depths until balance is restored.

There is this silly notion that the United States will become energy independent in the next several years, thus making it unnecessary to import oil from Middle Eastern countries such as Saudi Arabia.
While some fairy tales in life may come true…. U.S. energy independence isn’t one of them.