Silver prices are far below simple ore extraction costs. Refined and minted silver is over twice the price currently reflected in a heavily manipulated market.
Well over 90% of the COMEX transactions used to determine the market price are of paper promises rather than solid silver.
Manipulators trade extraordinary volumes of silver vaporware to keep the price artificially low. This props up the fiat paper money market AND allows the elites to continue accumulating silver (and gold) at artificially low prices.
The problems for them are that silver has hundreds of industrial uses, demand is far greater than supply and people are demanding physical silver as a reliable store of wealth.
Kitco’s 60 Day Silver chart looks like […]
Anthony Wile of The Daily Bell has interviewed Oath Keepers Associate Editor Brandon Smith, founder of the Alternative Market Project. www.alt-market.com
The interview is published originally at
The Daily Bell
Here are a few excerpts from the interview. Please go to link above to read entire interview.
Anthony Wile: How did you discover Austrian Economics? Brandon Smith: I’ve always been a big proponent of free markets and localism. It was not until 2005/2006 when I started writing for the liberty movement that I realized most of my economic foundations ran parallel to Austrian economics. I think that any analyst who pursues the concept of freedom in economics is going to come to the junction of Austrian economics […]
Gerald Celente is one of, if not THE premier trends forecasters in the world. His insights and disgust with the globalists can be a bit of a handicap when his passionate, justifiable hatred takes wing in colorful speech. I like that part too, because he expresses what I feel towards the psychopathic ruling elite in ways I feel without expressing strongly enough.
Nevertheless, my wife and I enjoy watching Gerald being interviewed on other people’s programs where he limits his expression to what is more socially acceptable to a broader audience.
Celente’s Trends Research Institute puts sociology, economics, politics and history all together because that is how the world works. His record for predicting The Big Things is impressive.
Something’s Going on with the BDI… and some sites are saying “The Atlantic has no Cargo Ships!!”… so, come on, now… “What’s Going On??” Posted on 2016/01/10 by kauilapele
First of all, I suggest that each one who reads this, please put on your “Higher Discernment” glasses, and look beyond statements in the articles pointed out here which imply the “world is ending so go into your bunkers and don’t come out”. We know the old paradigm oil-based fiat-currency economies have to collapse… eventually. Perhaps that “eventually” time has come… now please read on.
Okay, so a couple days ago, I found this post at Galactic Connection, entitled, “Major Ships Evacuate Atlantic Ocean For First Time In History – […]
What Really Happened In 2015, And What Is Coming In 2016… Posted on January 4, 2016 by Michael Snyder
A lot of people were expecting some really big things to happen in 2015, and most of them did not happen. But what did happen? It is my contention that a global financial crisis began during the second half of 2015, and it threatens to greatly accelerate as we enter 2016. During the last six months of the year that just ended, financial markets all over the planet crashed, trillions of dollars of global wealth was wiped out, and some of the largest economies in the world plunged into recession. Here in the United States, 2015 was the worst year for […]
(and Why It’s Coming Back)
The following was written by Sound Money Defense League and MoneyMetals.com columnist Guy Christopher, a veteran writer living on the Gulf Coast. A retired investigative journalist, published author, and former stockbroker, Christopher has taught college as an adjunct professor and is a veteran of the 101st Airborne in Vietnam.
We Americans no longer carry gold and silver money in our pockets and purses as our grandparents did during their lives. But we still carry the history, legacy and spirit of those gold and silver coins in our language – with more meaning than you might imagine.
“Sound money” has a clear message recognized for centuries around the world. It describes the musical, metallic ring […]
This article was written by Brandon Smith and originally published at Alt-Market.com
In my last article, I outlined the deliberately engineered trend toward the forced “harmonization” of national economies and monetary policies, as well as the ultimate end goal of globalists: a single world currency system controlled by the International Monetary Fund and, by extension, global governance, which internationalists sometimes refer to in their more honest public moments as the “new world order.”
The schematic for the new world order, according to the admissions of the internationalists, cannot possibly include the continued existence of U.S. geopolitical and economic dominance. The plan, in fact, requires the destabilization and reformation of America into a shell of its former glory. The most […]
By Rory Hall
from Activist Post .com
If we look at some of the dots that are beginning to line up, 2016 may not be a very good year for manufacturing, retail or the economy as a whole. The U.S. economy is 70% retail, which is an unsustainable economic base anyway you look at it. If the people that flip burgers next door to the big box store are one another’s customers, and this is the majority of your economic base, how is that sustainable?
Caterpillar, which has been one of the “measuring sticks” for China’s growth, the mining industry and construction around the world, is in trouble. As the world’s largest manufacturer of heavy construction equipment one can get […]
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” – Murray N. Rothbard
Keynesian Economics postulates that adding more money made up by the bankers out of thin air to the pool of existing money is a good thing. “It stimulates the economy”. That there are special people who can fiddle with everybody else’s money, and that everyone benefits from the fiddling.
As you can imagine, this idea is very popular with the fiddlers.
They employ Keynesians in government posts, […]
from commodity trading mantra .com … see complete article there
Deception Rules Gold And Silver Markets, Not Fundamentals There are two things we know for certain about gold and silver: 1. Fundamentals do not apply [currently], and 2. There are no signs to indicate an end to this half-decade old bear market.
There have been many calls for a turnaround in gold and silver since 2013. In fact, the calls were not just for a turnaround, but also calls for $10,000+ gold, and $400+ silver, starting in 2014. It became apparent to us in the first half of 2014 that it would end with a whimper, just as 2013 did, and as 2014 continued, it seemed equally as likely that […]
The graph below is a great picture of a bubble that should have burst a long time ago… but it keeps holding together and making the eventual crash much, much worse.
King World News published it in a very good article: DANGER: The Global Collapse Is Now Accelerating To appreciate the chart, first understand the red bars. Other than the little blips of green, this is showing investors OWING money on stocks they have “purchased”. The stock prices and all indices of them are inflated by credit, debt.
Once upon a time, people INVESTED money in stock. Storing your SAVED money in stocks was riskier than storing your savings in a bank, but it potentially earned more. In either […]
Editor note: The headlines jumped out at me. There are always four headlines at King World News, but today all four were talking about a stock market crash happening now. I share some of each article here with links to the full article. This looks very serious.
I put this morning’s Kitco SILVER chart at the bottom as a reminder, as well as a picture you may look back on with either pride or shame depending on how much grossly undervalued silver you pick up at these prices.
A World In Denial, Headed For Full-Blown Panic As The Global Economy And Stock Markets Crash
Today the man who has become legendary for his predictions on QE, […]
Around the world, be it financial collapse, earthquake, tsunami, hurricane, civil unrest, blizzard, or a myriad other abnormalities people have found themselves facing empty store shelves.
Talk to them about investment diversity when they cannot buy groceries at any price. You are likely to hear them lamenting their poor pantry planning at the top of the list. Emergency planners list shelter, water, food at the top of anyone’s list. However, few of us can handle several days, let alone a week without resupply. Many cannot handle one day without stocked shelves nearby.
Suffice it to say, prudent people of significant maturity to recognize their world has numerous potentials for disaster will have a minimum of several weeks worth of food […]
Economic collapse in Greece, Cyprus, Argentina, Zimbabwe, Germany, and everywhere else rulers have stolen value until their currencies turn to dust, always impacts old folks extremely. Younger, stronger, more energetic people can recover by entering into the barter and exchange markets that are as old as human culture.
Working hard at the basic subsistence level can get people by if there is anything at all left in the natural environment to subsist upon. But old folks have a hard time competing in the manual labor department. Traditionally, they survive on accumulated wealth; on the soil, buildings, and infrastructure their family built up during their productive years, or over generations.
In modern culture, that has evolved primarily into paper assets. […]
The International Banksters loaned €110 billion ($121,366,300,000) to the Greek politicians.
Greece is a highly socialistic democracy where there are 3,541,828 employed with a total population of 11,062,889. That includes private sector as well as parasitic (government) sector. This is an important distinction as real societal income comes from PRODUCING things people WANT TO BUY.
The average net income is $10,264. In that income bracket, I remind you, there is precious little discretionary money. Food, shelter and energy take most of it.
The banksters loaned the socialist rulers $34,267 per Greek worker – or a bit over three times what each of them take home in a year – and this is on top of whatever each […]
Greece defaults. The Dow plummets 350 points in one day. Ugly, ominous DEBT builds up like a giant snow cliff hanging over the economic valleys of the West. Is this the end of the Great Keynesian Charade brought to us by the collectivists with the advent of 1913 and the Roosevelt revolution of 1933? Not quite; but the end is near. It sits just beyond the “fiscal can kicking” that our government banking oligarchs have fashioned for us from Milhouse Nixon to Hussein Obama. A few more years of such illusory “policy making” will be all that is needed. The DEBT avalanche that we have contained far longer than wise men ever thought possible will begin its descent […]
Cyprus, Venezuela, Ukraine, Yemen, Greece …
If you aren’t paying attention, serious changes are going to surprise and shock you.
Last Friday, Prime Minister Tsipras assured the Greek people that the banks were solid. Monday their money was not so much theirs any more.
…As the clock ran out on a Greece deal, Greeks were handed a daily 60 euros ($67) cash withdrawal limit, sending crowds of elderly depositors who do not have ATM cards rushing to closed bank branches.
“I came here at 4 a.m. because I have to get my pension,” said 74-year-old Anastasios Gevelidis, one of about 100 retirees waiting outside the main branch of the National Bank of Greece in the country’s second-largest city of Thessaloniki.
There are two powerful numbers depicting the unemployment rate in the USofA today.
The government figures widely published by mainstream media has unemployment at 5.4%. That doesn’t sound too bad. Heck, in spite of everybody knowing numerous friends and neighbors who are looking for work, the numbers tell us it isn’t a widespread problem.
Ah, but there is another set of numbers. And for many of us, they have far greater credibility.
Here are numbers calculated to reflect the real world rather than the one THEY want us to see. Inside their Matrix … if you let them … or you can take the red pill.
Everywhere you look, from coast-to-coast are people unemployed and grossly under-employed. Yeah, one […]
Ravalli Electric Co-op sent surveys to 7,524 households in my area. They published preliminary results in their May customer newsletter.
More proof I live in the right neighborhood.
Were this survey taken in the place of my birth, where I finally matured to understand I was on the wrong planet, the results would have been dramatically different… even more polarized … and exactly opposite.
Do you Agree or Disagree with these statements:
Ravalli Electric Co-op should put more focus on expanding alternative renewables such as solar and spread the associated costs across the entire membership? Strongly Disagree: 508 in the middle: 177 Strongly Agree: 172 Keeping electric rates low is more important to me than offering a Community […]
Most people who have any savings at all have it “invested” in stocks, bonds, real estate, mutual funds or bank deposits. ALL of those are floating on a cushion of paper currencies with every central bank in the world printing (electronically now) rapidly increasing mega-volumes of unbacked currencies to keep all of these bubbles alive. Every single investment “The Experts” recommend, and every single investment those wizards do on behalf of their trusting customers are in the paper bubble economy. Meanwhile, what exactly are they doing with their extraordinary profits and exorbitant salaries they take off the top?
JPMorgan (JPM) has piled up the largest holding of physical silver in modern world. Since the silver price peak in May […]
Before you watch this short YouTube video, web-search “Jim Rickards” to understand the credibility of the source. His credentials exceed those of nearly everyone else you could be watching. – Ted
The 5 Catalysts That Will Trigger an Economic Collapse
Many in the U.S. Intelligence Community warn a severe economic collapse is unavoidable…One that will ignite a 25-year Economic Depression.
Money Morning is proud to publish this presentation because the impending economic collapse could begin within the next six months.
In 2014, Americans filled 4.3 billion prescriptions while spending a record amount of $374 billion for their medications.
United States on-budget military spending in 2014 was $600.4 billion.
For purposes of this discussion, we will ignore the much reported, but unknowable amount of black money that significantly increases the total. Nevertheless, given a USofA population of 313.9 million people, the country spends roughly $2,000 for every man, woman and child on defense.
Combine funding the military industrial complex and the pharmaceutical industrial complex and you have a total of $974,400,000,000 shared among 115,610,216 households. With only 2/3rds of those households earning money in the private sector, the trillion-dollar war/drug budget is actually shouldered by 77 million households. Imagine how […]
Why Is JP Morgan Accumulating The Biggest
Stockpile Of Physical Silver In History?
By Michael Snyder Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great investment.
But in recent times, the price of silver has actually fallen quite a bit. As I write this, it is sitting at the ridiculously low price of $15.66 an ounce. So up to this point, JP Morgan’s investment in silver has definitely not paid off. But it […]
Meet the new boss; same as the old boss. In Animal Farm, George Orwell writes of the barnyard overthrowing the wicked farmer and the evolution to a new boss – with no fundamental change in the structure of users and usees.
That comes to mind as I trip over a Chicago-School economist reviewing and recommending modifications to the new banking system in Iceland: Iceland may have cure to bad banking. Unsurprisingly, mainstream media, a wholly owned subsidiary of the world’s central bankers, publishes the delightful-sounding obfuscations of a credentialed preacher for their cause.
Iceland, you may recall, suffered through an extreme boom-bust cycle – which is the signature achievement of all central banks. They print paper payment promises in prodigious […]