SILVER BIG PICTURE MAR 52014 should be a great year for Commodities and Miners and I expect a period of financial market turmoil for the US Market. I believe that we are very close to an important corrective move as the Market is due to top in March 2014.
Since the beginning of the year we can notice that money has been flowing into Commodities, Metal and Miners.
 The market gave us some important clues already at the beginning of 2014 – some ratio charts were clearly telling us that early January was a buy signal for all the Mining stocks. They also put in perspective that money flow was going to come into the Metal and the Miners sectors.
The current Gold Double Bottom Pattern occurs right on the symmetry guideline. Silver is also in a process of a Double Bottom Pattern and back tested twice the Base Pattern neckline.  Silver broke above a 30 years base pattern neckline and back-tested it in early 2014.  The silver chart looks immensely bullish

Thanks to a tip from an SD reader, we have discovered the US’ official bar list of “Deep Storage Gold”  held at Fort Knox, Denver, and West Point, buried in a PDF file on the House Financial Services website.
Updated on Sept 30th, 2010, the document provides a full bar inventory including total bars, weights, and fineness of the US Deep Storage Gold reserves.  

For all those inquiring minds wondering how much if any of the US’ gold reserve remains, the official US Deep Storage Gold bar list is below:

Putin ammo shortageIn the wake of the Sandy Hook tragedy and fears of new control control legislation from the Obama administration, extreme shortages of ammunition have been sustained over the past 12-24 months, as panicked Americans have raided the shelves of Cabelas and gun-shows across the country buying literally every round they can get their hands on.  
Combined with multi-billion round purchases from gov’t 3 letter acronyms such as the DHS and FBI, (including even the USPS and IRS), the shortages have continued even as manufacturers have responded by drastically increasing production.
Over the past 6-12 months, shortages of some calibers such as 7.62 used in the popular AK-47 semi-automatic weapon have been alleviated somewhat via massive imports of Russian production. 
That is about to change.  

James TurkJames Turk, co-founder and director of GoldMoney.com joins BoomBust to talk about gold, gold, gold.
Turk explains that gold has been used as money for five thousand years, and he argues why it’s much better than fiat currency. In fact Turk thinks that people are losing confidence in paper money because the super-rich are moving out of money and buying up tangible assets. He further argues that gold allows you to avoid the risks of political manipulation or economic warfare.

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AGXIIKAGXIIK joins The Doc & Eric Dubin in this MUST LISTEN installment of Metals & Markets to discuss:

  • AGXIIK on why Ukraine is a stare-down contest between the West & Putin, & what is likely to happen when currency wars devolve into hot wars (there is no safe haven except physical gold & silver!)
  • Bitcoin Mt. Gox implosion: isolated event or a warning to Bitcoin holders?
  • First they ignore you. Then they laugh at you. Then they attack you. Then you win: Why Bloomberg’s in-depth coverage on bullion banks manipulating the London fix gold price has substantial implications on how close we are to the END GAME
  • AGXIIK discusses his attempted firearms up-training of 27 federal high security guards: “They looked like a one-legged monkey trying to have sex with a bagpipe” 

The SD Weekly Metals & Markets With Special Guest Host AGXIIK is Below:

freefallAfter attempting to climb above $22 during overnight trading, silver drifted down throughout the London session, and has been hammered on the COMEX open, down over $1 to $21.01.  
Gold has also been hit hard, down over $20 from overnight highs of $1345.  
With the crisis in Ukraine escalating, the dollar has been catching a safe haven bid, and the Western Central banks have not missed their opportunity to reassert pressure on the paper metals markets. 

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gold_tidal_wave London Gold expert Alasdair Macleod joins the SD Weekly Metals & Markets this week as a special guest host, discussing: 

  • True Chinese gold demand in 2013 was a minimum of 2,800 tons- falsely reported by the bullion bank apologists at under 2,000 tons
  • Why a sudden shortage of physical gold in March-April of 2013 forced essentially a gold default by 2 Dutch banks
  • Bullion & Western Central banks are out of gold & near the end of the line- Macleod explains why the cartel can no longer manage their retreat: We’ve got a situation where the central bankers don’t have any idea how to get out of the situation they’ve created for themselves
  • Gold & silver close at their highs for the week- setting up a big rally next week?

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

HK JPMThe third JPMorgan banker this month has reportedly “committed suicide”, as moments ago a 33 year old FOREX trader for JPM in Hong Kong plunged from the roof of the JPMorgan Charter House Asia headquarters in central Hong Kong.
The latest death follows Ryan Henry Crane, the Executive Director of JPM’s Global Equities Group, who was found dead last week, and according to a European banking source, worked closely with Gabriel Magee of JPM’s London desk who also happened to recently fall 32 stories off the JPM London roof he did not have access to.
Subsequently,
Jim Willie informed SD readers on the recent rash of banker deaths (which has now surpassed 20), that we are witnessing bankers taken out who are on the verge of revealing BIG DATA details on FOREX fraud.
Today’s breaking news that another JPM banker has plunged from the roof- coincidentally a FOREX trader- substantially thickens the plot.

In October, we warned SD readers that JPMorgan had initiated capital controls, limiting cash withdrawals, and banning outgoing international bank wires.
The Morgue is at it again, reportedly at the request of the gov’t, as the bank has just informed customers of new capital controls on cash deposits, banning counter credit deposits, forcing customers to provide a photo ID before depositing their own cash into an account, and only allowing customers to deposit cash into accounts in which their name is listed.

beach ballAfter Friday’s monster $1 rally of nearly 5% in silver, and $20 in gold, the metals are again breaking out to the upside on Monday’s Asian open, just as we forecast on this weekend’s Metals & Markets.
Silver opened Globex trading with a vertical move, and after consolidating around $21.70, is spiking again on the Asian open, and looking like it wants to challenge the $22 level this evening.

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In the latest SD Weekly Metals & Markets The Doc & Eric Dubin discuss:

  • Massive rally in gold & silver sends silver up 10% on the week to $21.50, & gold up $60 to $1320
  • Outlook for next week: Look for follow-through buying Monday, then cartel capping to re-emerge
  • We revisit The Doc’s bottom call on 12/21- is the 3rd phase of the great secular gold & silver bull underway?
  •  More bankers turning up dead:  WTF is going on?

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

Wednesday we reported that another JP Morgan banker has been found dead, as the latest banker to meet a sudden and untimely demise is Ryan Henry Crane, the Executive Director in JPMorgan’s Global Equities Group.
Today, Steve Quayle’s banker source “V”, who predicted that a wave of banker hits was imminent when the very first bankers began dropping last week, has dropped a bombshell regarding the death of Ryan Henry Crane. 

V states that Crane oversaw all of the trade platforms and worked closely with Gabriel Magee of JPM’s London desk (who fell 32 stories off the JPM London roof moments after texting his g/f he would be home shortly), and that the pair had access to the exact same info.
V concludes Crane & Magee: “Knew each other and had uncovered something“. 

V’s update on the latest JPMorgan banker to turn up dead is below:

The long anticipated Gold & silver short squeeze has begun as gold has exploded after retesting $1300 overnight, and my-shorts-on-fireis now up nearly another $20 today to $1321.
Silver has been even more impressive, up nearly $1 on the day to a high of $21.38.
Should silver be able to clear $21.50, an astonishing short squeeze would be likely- potentially propelling the metal to $22.50-$23 before pausing.
As both metals appearing to be launching another vertical move to the upside, Friday is shaping up to be an explosive trading day to end gold & silver’s massive week!

Another JP Morgan banker has been found dead, as Ryan Henry Crane, the Executive Director in JPMorgan’s Global Equities Group was found dead in his Stamford Ct home Monday at the age of 37.
While there is no official word yet as to the cause of death, Crane’s death follows last week’s “suicide” of another JPMorgan banker in London (which is now under investigation by London police), and follows 5 other suspicious banker “suicides” in the past week.
The last banker reportedly managed to shoot himself nearly 10 times with a nail gun.  We wonder what the official story will be for Mr. Crane’s untimely demise?

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gold bullTurd Ferguson joins the SD Weekly Metals & Markets as a special guest host this week! We discuss:

  • Blythe Masters joins the CFTC for 12 hours to advise on Swaps regulation- TF lets loose on the audacity of the criminal banksters
  • Price trends in precious metals and fundamental underpinnings going forward
  • The Doc’s retail market report- big money is buying physical with both hands
  • Turd Ferguson on the “end game” of the “Great Keynesian Experiment”- TF calls for gold to break its 100 DMA to the upside next week, gold & silver to challenge $1525 and $26 in 2014.

Turd Ferguson discusses market manipulation & his outlook for the metals on the SD Weekly Metals & Markets!