There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started drilling for oil in Ecuador back in the 1970’s, but the low oil price has totally gutted the oil industry.
The markets finally cracked today…but the worst is yet to come.
This is just the beginning of what will become an AVALANCHE of physical gold and silver buying.
Right now there is only a hint of fear.
Wait until the markets really start to tank…
The collapse of the paper gold and silver futures markets may usher in a NEW DARK AGE.
In all likelihood, the coming collapse of the economic and financial system will happen virtually overnight. Unfortunately, investors who are still playing Russian Roulette in the broader markets may find out sooner than later, TIMING AN EXIT is folly.
Owning physical gold and silver coins and bars out of the banking system is the best alternative to the madness that is coming.
A collapse does not happen overnight, but the endgame does….
The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun.
The low price of silver has finally claimed is first victim.
EVERYTHING changed today…
COMEX silver bar inventories just did a massive CLIFF-DIVE.
The Breaking Of The Comex Exchange is at hand…
Talk about putting things into perspective…
The banksters “War on Cash” is now forcing wealthy investors to seek alternative places to store their precious metals.
Gold is an excellent hedge against falling currencies. While this is not currently taking place in the United States… it’s just a matter of time before it does.
In a surprising update, the world largest silver producer actually experienced a decline in silver mine supply over the past two years. This is quite remarkable as several analysts and official sources reported or perceived that Mexico continued to shown an increase in silver production.
Global peak silver production is coming (or is here).
Domestic silver production in the U.S. is down 19% in September and 18% in October verses the same months last year. Even though the USGS will continue to revise these figures going forward, this is a significant trend change. Year to date U.S. silver production is down 6.7%.
Global Peak Silver May Have Arrived…
There continues to be a lot of misinformation on the internet, even on the alternative media. So, I thought I set the record straight.
Yes, it’s true…. the facts show that the U.S. peaked in silver production a century ago.
That’s correct, 100 years ago.
In a stunning development, the Comex Registered Silver inventories experienced a large one day decline Monday.
Is THIS the reason gold (and silver) aren’t MASSIVELY higher?
U.S. gold bullion shipments to Hong Kong where so large they exceeded its total domestic mine supply in September:
The Silver Market just broke…
While the Federal Reserve continues to rig the financial markets by way of its insane interest rate policy, U.S. silver production took a BIG hit in September.
Well, let’s just say…. it took me by surprise.