survive whats comingThe one chance that you have to survive what is coming is to have wealth that knows no borders, is recognized globally and cannot default.  It is wise to own this in as many forms and fashions as possible with as few intermediaries between you and your wealth as possible.  Don’t trade it, don’t use margin…just OWN IT!

2013 Silver Eagles As Low As $4.99 Over Spot at SDBullion!

 

Submitted By Bill Holter, Miles Franklin Ltd,:

We have watched for months  while the COMEX prices of Gold and Silver were capped.  We watched a circus of paper selling 2 weeks ago crash the “prices” and we watched again Wednesday.  Gold was “down” $25 and Silver over $1.  This in the face of massive physical demand which has at least doubled globally and up 3 or 4 fold depending upon the area of the world you are looking at.  Premiums for “in hand” delivered metal have exploded and in the case of Silver you still are paying close to $30 an ounce to get it.  This represents a roughly 30% premium currently.  This “discrepancy” between the price that they “say it is” versus what you need to pay to actually get physical in your hand metal may even increase (it apparently will).  As the discrepancy remains and were it to widen, inventories of physical metals will be drawn down further, faster and at some point no longer exist.  I wrote about this phenomenon 2 weeks ago during the paper smash.  I said that the COMEX could default within a week or several weeks.  Were paper “buyers” (even less than10% of them) to stand for delivery, the inventories would be wiped clean.

There is now all of a sudden a big backlash pointed at “us”.  By “us” I mean Jim Sinclair, Eric Sprott and his partner John Embry, James Turk and others who have been and are bullish Gold and Silver.  The net is swirling with with “these guys are wrong”, “they are charlatans talking their book” and “the sky isn’t falling, they’re full of crap”.  First off, the thought process of this group has been nearly 100% correct for 13 years.  They have been correct even in the face of forecasting exactly the opposite of what governments, treasuries and central banks would like to see.  In fact, they have been correct in the face of outright and blatant in your face manipulations and price fixings by these very governments.  They have been right…and for the right reasons.
Did the sky fall after the 2008 meltdown?  Think about it, did it or did it not?  Life went on yes…but…governments have effectively bankrupted themselves in an effort to create an “all is well” (think Kevin Bacon at the end of Animal House) world.  So though the system has not collapsed as it would have in a freely traded environment, the situation has become more levered, more unstable and riskier than it was then or ever has been in history.  If what any of these people said, wrote or did got just 1 person to purchase physical metal and this 1 person somehow holds it through what is mathematically coming…then they have done the world a service.  Years ago us “gold bugs” were laughed at, now there is growing resentment because the price of metals has not “exploded yet”.  In fact, the paper “price” has gone down as “tons” of unbacked futures have rained down upon the market.  Can any of these people stop the selling of futures contracts?  No they cannot…but they can warn you that what has been happening (for 15+ years) is not based on a free market, rather it is based on the wants and needs of those trying to extend a petro dollar system that is on life support.
Has the “game” gone on far longer than we thought?  Of course it has, just go back and look at what they/we/I have written.  Does that make us wrong because Gold isn’t $50,000 per ounce or Silver $2,000 per ounce right now?  Have almost everything that we have said been based on logic and truly simple 2+2=4 math?  Were we not the ones who were laughed at in the late 1990′s when we said the internet market was a bubble?  And again in 2006 about housing and real estate?  Who was it running around in 2007 and ’08 saying that the financial system as a whole was at risk because of the real estate/debt/banking systems?  And after the fact what did hear from the mainstream?  In case you don’t remember I’ll remind you.  “NO ONE COULD HAVE SEEN THIS COMING”.  Yeah right, no one indeed!
So, here we are now in present day and us “nuts” are wrong again (as we have been for the last 15 years).  We are telling you that all markets are rigged, Washington and Wall Street sleep in the same bed, the media is complicit and you have lost and are losing your rights and liberties more and more each time the Sun rises.  We are telling you (as we have all along), one chance that you have to survive what is coming is to have wealth that knows no borders, is recognized globally and cannot default.  It is wise to own this in as many forms and fashions as possible with as few intermediaries between you and your wealth as possible.  Don’t trade it, don’t margin…just OWN IT!
All of the above said, when “the ” day arrives it will not matter “who said what”, only whether or not you remain solvent.  Regards,  Bill H.
Buyback brown
    • With all due respect, it should read…”10% has been unheard of so far“. Remember, what is taking place is unprecedented in many ways. We will all find out together how far the new reality will and can take us. There is no historical record of anything ever happening in this scale. We are witnessing the fall of the global fiat/debt based system and it’s anyone’s guess as to what can happen and I’m betting when it starts rolling, it will all happen very rapidly. Nothing can stop this Juggernaut at this point, it merely has to play itself out.

    • All it will take is 1 cartel member to break ranks and demand delivery to protect their asses and it all come tumbling down.

  1. It is not a matter of “if” it is coming, but rather “when.” 
     
    All of us continue to try to predict that crucial time.  Others try to help us and give us their opinions and that is what they are, opinions.  No one knows for a certainty.  Do not shoot the messenger. Heed the warning and act upon your own thoughts.  Don’t blame someone else for your mistakes.

  2. yes, please, just tell me when !    i have stockpiled over 100 tubes of toothpaste….. all due to expire next month.    when it’s time, please all, email me & give me a head’s up so i can go to the grocery store & be first in line with 10 gallons of milk (which i cannot live without) .   thank you !

  3. The people who will get it, have already made preparations. 
    The others who don’t, will never get it, and will suffer for it.
    There is no point wasting energy on the ignorant.
    When you’re thirsty, it’s too late to dig a well. Chinese proverb

  4. Agree that the positive predictions of  most prominent metals commentators were correct from yr. 2000 until Sept 2011.
    But on Sept 1, 2011 that all stopped and TPTB took over decisevly and now dominate the metals completely. None of our best known advisors seemed to see it coming. Further they are now all loath to accept it and thus their positive outlook for the future continues as usual for them.
    Even the great Bob Chapman was convinced  right up to the time of his passing that the  free market would prevail over the criminals because it always had. He remained optimistic right up to the end. Requiescat in pacem, Bob.
    None of our guys seemed capable of entertaining the idea that at some point in time ALL GOOD THINGS STOP. It stopped on SEPT. 1, 2011 . On that day market manipulation became the  true paradigm and many are having a very difficult time accepting it.
    The carterl is determined to win even if they have to destroy us and themselves in a great immolation. They will go down in flames.
    I support Bill Holter’s ideas on silver depletion as the catalyst that will necessarily change the nature of markets in the hopefully near future. Until this silver  market crashes we can expect no significant price appreciation in the metals.. Additionally, like many others I am tired of listening to hopium peddlers forecasting ludicrous price increase. They are all talking their book. It has always been this way.
    Ask yourselves when did you ever hear any of these guys tell you to sell now and come back in later? Seldom, if ever. . When did they ever warn you that a crash was coming early enough in advance to do anything about it? I for one have stopped drinking the kool-aid prepared by those we have traditionally looked to for advice and direction.. We are being played.

    • I agree on this;
      The carterl is determined to win even if they have to destroy us and themselves in a great immolation. They will go down in flames.
      That is why I’m stacking and preparing because the time will come, we know not when but it’s coming. Keep Stacking

    • Spot on & I agree compleatly as brother charlie & many others here who have read my posts can afferm…..keep stacking but also realize we are being played …….by both sides

    • “None of our guys seemed capable of entertaining the idea that at some point in time ALL GOOD THINGS STOP.”
       
      Not just the GOOD THINGS, John.  ALL things stop, period.  See Thermodynamics, Laws of; and Heat Death of the Universe.  ;-)
       

  5. That is the best thing about possessing prescious metals.  You cannot be “played” by both sides because there is no counter party risk when your stack is in your possession.

Leave a Reply