2015 saw The Shemitah come and go, gold and silver smashed to 5-year lows, and the west appearing to be dead set on drawing Russia into WW 3.
It was truly an Epic Year, and as tradition on SD, we present the Top 10 SD Stories of 2015:
Early in 2015, The Golden Jackass predicted the US Dollar would not survive 2015, a call he updated in October explaining that Russia and China had decided to delay the global dollar reset by 1 year.
At 181,322 reads, the Jackass’ call was the top SD article of 2015
The Year 2015 will be known for the USDollar demise with full fireworks.
Something BIG, UGLY, and NASTY this way comes…
At 102,185 reads, the #2 article of 2015 was a personal account of surviving a complete economic collapse in Bosnia.
I am from Bosnia. Between 1992 and 1995, it was hell.
For one year, I lived and survived in a city with 6,000 people without water, electricity, gasoline, medical help, civil defense, distribution service, any kind of traditional service or centralized rule.
Money soon became worthless. We returned to an exchange. For a tin can of tushonka (think Soviet spam),you could have a woman.
Arms, ammunition, candles, lighters, antibiotics, gasoline, batteries and food. We fought for these things like animals.
In these situations, it all changes. Men become monsters.
Strength was in numbers. For a man living alone, getting killed and robbed would be just a matter of time,even if he was armed.
The following is my experience…
The seventh angel sounded his trumpet, and there were loud voices in heaven, which said: “The kingdom of the world has become the kingdom of our Lord and of his Messiah, and he will reign for ever and ever.”
The Shemitah dominated the news cycle throughout a large portion of 2015. Best-selling author Jonathan Cahn joined Metals & Markets to discuss The Shemitah and fear of another cyclical market collapse dominated the alternative media news cycle in August and September.
At 48,787 reads, Marshall Swing’s theory that September 11th, 2015 would be the date of the financial collapse came in at number 4.
Marshall Swing refutes best-selling author Jonathan Cahn’s calculations for a coming Global Financial Collapse “Shemitah”, and States That the Date of the Global Financial Collapse May Be September 11, 2015!
The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States.
The death toll will be horrible.
The American downfall is set to be far worse than the Soviet Union’s one.
A confluence of crisis with a devastating result…
Jim Willie is back at #6 in his Exclusive SD Interview with 43,635 reads:
In the wake of the Swiss National Bank shocking the market this week de-pegging the CHF from the Euro, the Golden Jackass Jim Willie joined us over the weekend for an Exclusive Interview discussing:
- Willie explains why the Swiss are dumping the Euro in favor of GOLD, and that multi-hundred billion trading losses will result in MASSIVE DERIVATIVE LOSSES & CONTAGION!
- Swiss actions have brought a HUGE ACCELERATION of end game events–We’re looking at the potential END of the EURO!
- Swiss have front run the Global Currency Reset & GOLD REVALUATION!
- $2 TRILLION IN SUB-PRIME OIL BONDS ARE ABOUT TO EXPLODE! Contagion will be bigger than sub-prime housing crash!
- Dollar Death-Spike: Fed has LOST CONTROL of the dollar!
- Coming European bank failures will result in a STAMPEDE INTO GOLD!
- When Putin flips his switch, the DOLLAR IS DEAD, and Gold Will DOUBLE!
Now, RIGHT NOW… You MUST exit the system!
You will not be afforded the opportunity if you are even one second too late!
Fund Manager Dave Kranzler’s warning that the reverse repo market went parabolic came in at #8:
The strange volatility we’ve been experiencing in the markets is occurring because there’s is a massive derivatives melt-down going on behind the scenes.
The Fed is engaging in an enormous reverse repo operation in order to prevent the global financial system from collapsing.
The ONLY REASON the Fed would need to inject massive amounts of Treasuries into the global banking system is because there’s an extreme shortage.
A massive derivatives accident requiring MASSIVE amounts of collateral to be posted has developed:
A massive wholesale shortage of PHYSICAL Silver hit the market in 2015 for the first time since 2008/09.
SD’s coverage came in at #9:
In lieu of Metals & Markets this week, we bring readers CONFIRMATION that a WHOLESALE SILVER SHORTAGE is in fact developing…
With SDBullion’s contacts with the nation’s leading precious metals mints, wholesalers, authorized purchasers, and distributors, the latest evidence indicates that the wholesale silver shortage is WORSENING:
- US Mint Authorized Purchasers advised SDBullion Thursday that Silver Eagle allocations have been substantially declining every week since sales resumed.
2 weeks ago the US Mint made 1.4 million Silver Eagle coins available to Authorized Purchasers, last week only 1 million were made available, and SDBullion was advised that this week the number declined an additional 20%.
Further, US Mint officials reportedly are advising Authorized Purchasers that they will begin making the switch to 2016 Silver Eagle production in September, drastically reducing output of 2015 coins.
As it takes less than a day to change out dyes (in addition to the fact that in previous years the US Mint has halted sales in the November/December time-frame for the annual “switchover”) the evidence in our opinion points to the US Mint having extreme difficulties in sourcing raw material for Silver Eagle coins.
- The Exclusive Distributor for the leading private mint 100 oz Silver bars in the US advised SDBullion on Thursday that the mint had been scheduled (and promised) to deliver 10,000 100 oz Silver Bars on Wednesday (1 million oz of a single private mint product), but was only able to deliver a little over 3,000 bars.
With gold and silver smashed to 5-year lows 4+ years into a painful correction, sentiment across the sector was absolutely atrocious in 2015. Perhaps best evidenced by #10:
You are mad as hell and ready to sell out and take your losses. Fine!
Do what you want to do.
Here’s looking at you 2016.
May you live in interesting times…