Silver is Kryptonite to Gold Cartel Bankers-Bill Murphy
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Chairman of GATA (Gold Anti-Trust Action Committee) Bill Murphy thinks financial markets are way more vulnerable than they appear. Murphy explains, “There are negative interest rates and low interest rates that just keep staying down there, and supposedly things are really good. Look at our Dow at all-time highs, and yet something is really wrong. Of course, this fits into the GATA premise on this whole thing. There’s a lot of quantitative easing (money printing) and propping up of the markets, and it’s on very shaky ground. The plug could be pulled at any time. . . . With interest rates where they are and debt growing all over the place, the reasons to be in gold are off the charts.”
Murphy says “silver is Kryptonite to central bankers” because there is little supply to use in the cartel’s suppression game. Murphy says, “You mention the word Kryptonite and the key is what silver is doing. It is an extraordinary situation right now. . . . It seems to me that, this year, silver is in play . . . . That is this big money talking on the JPMorgan crowd and their game. They are gradually moving in for what I think is going to be one of the biggest market moves in history, and that is silver going to $50 (per ounce) and then a $100 (per ounce). Basically, it’s because supply is drying up. . . . Where is all this supply coming from that this JPMorgan crowd has been feeding the market with, and I think they are hitting the wall with it. I think this big money knows what’s going on, and they are quietly moving in. That’s the reason silver has been trading like it has. $18.50 was a key number. That was the completion of a big base. . . . The next big key is to take out $20.50, but the real number is $21. If it gets above $21, it’s going to start trading chaotically with volatile action on the upside. The market move is going to be historic.”
Murphy has long charged there was suppression of gold and silver prices and has been proven 100% correct. He now charges, “The real key for this gold cartel, as we call it, is the suppression of the gold price. They realized a long time ago they couldn’t have a dichotomy between the silver and gold. So, they got involved in the silver market (to suppress the price) to make gold look like it should be doing what it is. The problem is they are running out of physical silver to keep the price down. . . . Eventually, you are going to get a commercial signal failure in silver, which means these so-called commercials, which is a misnomer because they are not commercials, they’re gold cartel trying to keep the silver price down. They know when they lose control of silver, and it gets to $21 (per ounce), it will be the end of their gold suppression scheme. . . . It will be a gradual process because the price of silver is going to go bonkers. It will show what they have been doing all these years. I think they are finally reaching a tipping point. . . . The death knell to the gold cartel is the lack of supply of silver to keep the price down. . . . I think you are going to see the double top of $50 be taken out and go to at least $100 per ounce and maybe a lot more. I think it’s going to move up faster than anybody can imagine. . . . Gold is going to move to some big number also. . . .If gold kept pace with inflation, it would be double what it is today.”
Join Greg Hunter as he goes One-on-One with Bill Murphy, Chairman and co-founder of GATA.
(There is much more in the video interview.)
After the Interview:
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
It is mind-boggling how much is happening behind the scenes that The Powers That Be are doing to enrich themselves. But they don’t fool everyone.
Here is Rand Paul’s recent interview where he lays out examples of the Clintons using her SOS position to enrich themselves. Paul also says that “lying to Congress is a felony” worth 5 years in prison. Yet at the Benghazi hearings, she denied knowing anything about weapons going to Libyan fighters and being transferred to other countries, stating “I do not know” to the question. But the Wikileaks documents reveals that she knew the answer full well and she lied through her teeth.
https://www.youtube.com/watch?v=8uofvscfAx4
Hey Hillary … God said: Thou Shall Not Lie!!
Hillary may say she believe in G-d but her actions speak otherwise!
Jan
It is hilarious watching these 2 clowns do/say some of the thee stupidist things, and the public buys into it. Unbelievable, one can expect by now Hillary is totally bonkers, and as per usual, trump rolls out his tongue and stomps all over it, wow, I guess he would be like this in the white house, double-minded and unstable in all his ways.
Trumps only hope now/at this moment is to hope Putin releases un refutable e mail evidence on Hillary then enter “SHOTGUN JOE THE BIDEN” to the rescue as Hillary is hauled off in irons.
Greg;
Here is a GREAT reporting by Paul Gigot of the WSJ, on Trumps eco. plan vs killroy’s, then Pay-fo-play, very revealing, then why trump is losing in the polls.
https://www.youtube.com/watch?v=WxnwqhdPodg
Nobody worry about gold and silver in our communities. We worry about eating. They killing all us slowly but we aint going out like that. The frustration building and we going to take it to the streets. My peoples frustrated. Check out what they doing in Milwaukee.
https://www.youtube.com/watch?v=e1Ex5NZKvCg
Whether they kill us fast or slowly … God said: “Thou Shall not Murder”!!
bingo again Somebody stop Paul He is telling it.
You kill each other like its going out of style. I’m so tired of hearing about a few criminals killed by the police. The guy in Milwaukee deserved what he got. I think police should stay out of black neighborhoods and let the criminals have it. Then we will see how civilized your areas are. I didn’t see one of those protesters that looked like they were starving. White people should stop paying taxes and then we will see how independent your community is.
For 400 years if you check white people have been benefitting because black people is yalls dawgs working and building and slaving. We been slaving to make you and all yall krakaz comfortable. How dare you speak to me like this white boy because you aint even qualified to walk in my shoes. Then come Obama who isn’t perfect but he undastand the plight of the black man. Now we gonna elect Hillary to take America back from all yall white honkeez.
Hillary ain’t a white honkee?
Darnel you are a very poor speller and your grasp of history is skewwd buddy 400 years Really?
Darnell Coles, when Hillary’s husband Bill Clinton was president, they enacted laws that hurt the black community, raised poverty levels, and ramped up mass incarceration. Do you really think Hillary — one of the most crooked politicians in this country — has any interest in helping blacks?
https://www.thenation.com/article/hillary-clinton-does-not-deserve-black-peoples-votes/
I agree with most of what you said except the mass incarceration. The blacks did that all by themselves.
What is that saying ? Don’t do the crime if you can’t do the crime.
Darnell how uneducated can you be? You obviously have no idea what Obama or Hillary are about. They could care less about you BLACK BOY. Educate yourself and then maybe you can walk in my shoes.
do not fall for this guy. Look how this is written. It is some guy trying to sound black and baiting commenters to make damning “racist” comments to sully this wonderful site.
Amen Brad 27!! Right on Target.
Greg
Kudos to u and Brad, Greg. Spot On!
Thank you David for your support and comments.
Greg
Spot on Dude
G5, Bearing in mind that a ‘Dude’ is a boil on a bull’s butt … Kind of an insult don’t you think ? Yours, DB
I’m Black, (American first) and this fool don’t speak form me.
Thank you MikeMM,
Greg
Thanks BROTHER Mike.
Just wait until Hillary lets millions more of them black muslim slave trading ISIS terrorist in – then you’ll get a real history lesson.
Darnell some of my best and most trusted friends are Black and would kill other blacks to keep me alive. I have dated black lady’s, and am not scared of you to admit it. You are a redneck want to be scared of you own shadow. Grow up and GROW OUT. Extend you knowledge. You are being played.
Y’all? Definitely a liberal paid troll pretending to be black. Is this Rachael or maybe Shaun King?
You are still a slave fool. Out of the fields and into the projects so you can serve as a useful idiot to the democrats.
All the while killing each other and destroying your community with drugs fatherless children.
Darnell:
Don’t know whether you’re a real or a troll, but want to comment anyway. Go see the D’Souza movie ” Hillary’s America: The Secret History of the Democratic Party.”
I guarantee that when you are done watching this factual documentary, you won’t vote for Hillary or the Democratic Party. I know a few black folks who have become instant converts to more conservative views after seeing this must see film. In fact everyone should see this movie. Darnell, get informed fast before it’s too late.
Tim,
There are plenty of good black people in these areas trying to get out. The gangs, their entourage, sycophants and thugs don’t need protectimg, but the good people do.
The good people were not out hurting white
Darnell Coles, my peoples are sick and tired of handouts, set-asides and preferential treatment to your peoples.
The Civil Rights Act was passed 48 years ago. Martin Luther King would be absolutely disgusted with how blacks squandered so many opportunities. And so am I. Blacks’ #1 Problem is not whites, nor government, nor the police. It’s Blacks. So get your act together and stop whining. I believe Amerca’s ‘sympathy well’ has gone dry.
Yall owe my peoples proper reparations. Now considering that this debt has been building up for hundreds of years, yall now owe us millions when you calculate interest. My black brothers and sisters demand to get paid. I believe the day is near when our black brothers and sisters form battalions and march into the white neighborhoods to extract justice for all the suffering of my peoples for 400 years if you check. You cant just throw us some crumbs and expect us to be all happy. We wants to get paid. We demands to get paid otherwise I believe my peoples will take justice by force the hard way.
Darnell,
You are a paid troll, right? Hey everybody “Darnell” is trying to incite mean and violent comments from all of you. Don’t let this troll succeed.
Greg
Darnell is just having some fun from this mommy’s basement.
So the Jew haters have taken a vacation and the trolls are now pushing 0bama ‘s agenda of racial strife. Interesting isn’t it?
Remember when Mel Brookes said in one of his movies “May the Schwartzes be with you”? Well I guess they have had enough of being “with us” With that kind of mindset can you really blame them for their anger and resentment?
No matter what, all the freeloaders need to memorize and take to heart, the sage words of this Eagles’ song: https://www.youtube.com/watch?v=1H-Y7MAASkg
It is pretty obvious to me that paid trolls are everywhere trying to undermine and interrupt good sites like this one.
I just cannot see this end well for the USA.
I love travelling to the USA from here in Canada.
In 2016 alone I have traveled to LV twice, Hawaii once, NC and was planning Chicago next month.
I now have grave concerns about heading south in the coming months. Things are looking very bad for the USA in my view and some US residents need to wake up and figure out they are being played.
Darnell, are you Gina?
Susan – my very first thought … Gina back as a Black reparations dude … What strange things people will do! Everyone, go to tweeter and read some black tweets … the above stinks as a non-black person trying to do a poor imitation … on second thought it might be that white gal that passed herself off as a black gal for the NCAA. sorry in that I did not want to take the time to find her name.
Oh Darnell roll a fatty and chill out. Everything will be alright when the next welfare cheque comes in.
Dude,
Any of the people rioting wouldn’t be able to write as good as your blatantly racist attempt to depict them as the uneducated feral savages enslaved by the Democrat plantation of welfare, free phones, WI, foodstamps and other programs designed to keep them uneducated…just like the Democrat slave owners kept them uneducated.
“the rich people they got all this money, and they not tryin’ to give us none” – Milwaukee Riot
Well, one thing thinking like this will get you in the South, be you black or be you white, is dead. My black neighbors will shoot you before I do because people like you are a stain on their race and the accomplishments they have made. And I have their back as they have mine. We are workers here, not mouchers.
You know what Darnell fair enough. I just hope you know that the people who deserve it are the corporate elite, elected officials, and other shadowy figures. I don’t think your people live close to them.
http://sjlendman.blogspot.com/
Off topic, but this story reveals Hillary has dementia. Not sure letter that is photographed is genuine, but I’ve seen video that indicates Parkinson’s symptoms.
How could this story possibly be more important than Pokemeon Go?
“How could this story possibly be more important than Pokemeon Go?”
Because the Media wants Hitlery to win. They will coverup, hide, lie and distort the truth so she can win. I remember when Ronald Reagan was the nominee and the Media made a HUGE issue of his age and health. Now that Hitlery has a chance to win they will conveniently tell you the truth only if it makes their candidate look good.
They won’t tell the truth, because journalism doesn’t exist in MSM circles.
…she is just a tad loooney
A ‘Tad’ ?…
Surely you jest, Allen!
D. Clumper
I was tryyyying, 🙂
I am not picking on anyone here, but really tired of all the folks who come out with ridiculous predictions.
Talking about silver, let’s first clear $20 then $26 and then you have $50. Once we clear these targets then talk about triple digits. (Similarly, bearish analysts who claim single digit silver, first clear $13 then $10 and then talk about next.)
I am simply tired of hearing these outrageous predictikns since last 5 years.
Funny thing Andy, the cartels (Primary Dealers in Treasuries) went into overdrive manipulating the metal market in 2011. Hummmmm, that’s 5 years. You point is well made and well taken though.
Greg
You are correct. Harvey Organ made a fool out of himself here, on this site, a couple of years back when he predicted: https://usawatchdog.com/manipulation-of-gold-and-silver-definitely-ends-this-year-harvey-organ/
People should know by now that this guy has very little cred but he is still being touted as a PM guru on a lot of the metal sites: http://www.silverdoctors.com/gold/gold-news/somebody-big-is-standing-for-august-delivery-of-comex-gold-harvey-organ/
You will note the comments in the latest article that point out Harvey never says who the “Big” person is. A lot of these sites who are “documenting the collapse” have paid cheerleaders who rev up the faithful and use these rumors to keep telling people to “buy now at these bargain prices!!!” before PM’s go to the moon.
Caveat Emptor
I agree to a certain extent. When you have this degree of corruption and manipulation, predictions are meaningless until they break.
Just so everyone knows … my promoting the words of God the Father does not mean I reject his only Son … both God The Father and His Son Jesus Christ detest evil … and in concert have evil Lucifer outnumbered two(2) to one(1) … remember it was Christ who overturned the tables of the money changers as Jesus like his Father felt extreme revulsion at those who worshiped “a false god” namely fiat money!!
Dear Paul, and all who come here to read and post,
Please bear with me as I quote from the apostle Paul, whose commission to “preach to the nations the unsearchable riches of Christ as the gospel”, came as a direct result of his encounter with the glorified Lord Jesus Christ while on his way to Damascus with authority to arrest those “idolatrous Jesus Callers” who believed in and called upon that name, the only one “under heaven” which is ” given among men by which we must be saved” (Acts 4:12) in that city.
“Finally, my brothers, rejoice in the Lord. To write the same things to you, for me it is not irksome, but for you it is safe. Beware of the dogs, beware of the evil workers, beware of the concision. For we are the circumcision, the ones who serve by the Spirit of God and boast in Christ Jesus and have no confidence in the flesh, though I myself have something to be confident of in the flesh as well. If any other man thinks that he has confidence in the flesh, I more;
Circumcised the eighth day; of the race of Israel, of the tribe of Benjamin, a Hebrew born of Hebrews; as to the law, a Pharisee; as to zeal, persecuting the church; as to the righteousness which is in the law, become blameless.
But what things were gains to me, these I have counted as loss on account of Christ. But moreover, I also count all things to be loss on account of the excellency of the knowledge of Christ Jesus my Lord, on account of whom I have suffered the loss of all things and count them as refuse that I may gain Christ and be found in Him, not having my own righteousness which is out of the law, but that which is through faith in (lit. faith of) Christ, the righteousness which is out of God and based on faith, to know Him and the power of His resurrection and the fellowship of His sufferings, being conformed to His death, if perhaps I may attain to the out-resurrection from the dead.
Not that I have already obtained or am already perfected, but I pursue, if even I may lay hold of that for which I have been laid hold of by Christ Jesus.
Brothers, I do not account myself to have laid hold; but one thing I do: Forgetting the things which are behind and stretching forward to the things which are before, I pursue toward the goal for the prize to which God in Christ Jesus has called me upward.
Let us therefore, as many as are full-grown, have this mind: and if in anything you are otherwise minded, this also God shall reveal to you.
Nevertheless whereunto we have attained, by the same rule let us walk.
Be imitators together of me, brothers, and observe those who thus walk even as you have us as a pattern. For many walk, of whom I have told you often and now tell you even weeping, that they are the enemies of the cross of Christ, whose end is destruction, whose god is their stomach, and whose glory is in their shame, who set their minds on earthly things. For our commonwealth exists in the heavens, from which also we eagerly await a Savior, the Lord Jesus Christ, Who will transfigure the body of our humiliation to be conformed to the body of His glory, according to His operation by which He is able even to subject all things to Himself.” (Philippians 3).
So to you Paul and to all who come here to read and post I say “the grace and peace of our Lord Jesus Christ be richly with your spirit” “For God has not given to us a spirit of fear, but of power and of love and of a sober mind” (2 Tim. 1:7).
Cut to the chase, Paul. “Evil Lucifer” isn’t a flyspeck on the wall of God’s sovereign power. As Lucifer is a created Being, in the Cherubim angelic order: there is no comparison; and certainly no need for any ‘two against one’ scenario. What was made can be unmade – or disposed of after fulfilling it’s purpose. (Lake of Fire/Second Death.)
The real issue is the “triune”nature of the One True God: God in Three Persons. Myriads of people, and religions give “God” a “son”, or “Son” – but this is just dancing and evading with semantics; and it ‘buys off’ most people who don’t stand on sound Biblical doctrine. The FORM of God is the absolute Hallmark of identity: get THAT wrong – and you miss Him, period. God the Father, Jehovah; God the Son Jesus Christ, Jehovah; and God the Holy Spirit, Jehovah: is the ONLY One, True GOD.
Calling Jesus Christ “God’s son”, or “His Son” – which is only a titular address: in no way acknowledges that Jesus Christ the Lord, Who died on the Cross two thousand years ago: is God Himself. ANYTHING less is to infer that Jesus Christ, the Son of God, is less than God, and only a created being – the same as Lucifer. Fall short of the very Divinity of Jesus Christ, and God the Holy Spirit, co-equal with the Father: and you miss: you don’t know God. This very issue of the Deity or Godhood of Jesus Christ has been a spiritual battleground for centuries. Every cult and false religion removes Jesus Christ from the Godhead. So it’s not about Jesus Christ being “His Son”, or “his only Son”: it IS about whether Jesus Christ is God Himself, co-equal with God the Father and God the Holy Spirit being the One, True GOD.
So. Do you believe Jesus Christ the Son is God with the Father and the Holy Spirit? Or must you continue to couch descriptions to the contrary? Because the problem is that – ALL judgment has been given to God the Son, Jesus Christ; and every soul shall be judged by Him. Believe in something which isn’t Him and you’ll get the dictum you don’t want – “Depart from ME, I never knew you”. That’s the way I see it: the very hinge that Eternity swings upon – the true identity of Jesus Christ. Nothing has been more falsified than this very issue.
On the topic of Silver – the Banks ARE the Game: they will fix prices and manipulate inventories, and LIE to everyone. Even when the East pulls the plug: they will deny it, and it will all flee to foreign shores. Values will be capped; exportation, outlawed – and the rest of the world will be trading in a fair market. Of course, it will all be in the name of ‘national security’ and the ‘good of the nation’ for all the sheeple. This is why Sinclair suggests holding physical outside the country. America will permanently outlaw true price discovery. ‘Nothing is better for thee, than… what enriches the Bankers.’
Charles H.
I think the heart of the problems in the world are the lack of Gods law. For this reason (Strong Delusion) the laws of God should be held in the highest position. We both believe we are sinners, but without the law of God who would know? Even Jesus taught us to Obey the law of the commandments. He died that we could fall, get up and be forgiven, over and over. Faith in Jesus Blood forgives. His Body heals. We can all be healed of any sickness by his body on the cross. Just had to trow dat in ..LOL Love you brother.
If I (Jesus) be lifted up I (Jesus) will draw all men unto me.
https://youtu.be/Wr_9yt4hsHg
We have lost it Period.
Nice piece Charles. Kudos
James,
Did we just dive into the rabbit hole here?
Greg
Greg,
The premise of “Higher Criticism” is to (super)impose man’s intellect over God’s Word, and thus God Himself. The most used ploy is to assign terms which cannot apply, and serves to confuse. It appeals to those who ‘intellectually’ accede to Sacred Knowledge; and serves to promote a sense of expertise, which is NOT VALID. Faith rests upon trust – as God states it. James would analyze Scripture to death: then decide what he believes.
(Where do these people come from? And why?)
Very good Charles!
Greg
Just thinking outside the box.
James little,
Allow me to work backwards through your comment.
The New Living Translation is a paraphrase upon a paraphrase (Living Bible, copyrighted by Tyndale). Quoting it as Scripture is almost absurd in any sense of authority.
No one is causing strife or embarrassment on USAWD. I make a theologically sound statement. All can consider; agree; or disagree. Only one who habituates upon “perceived offenses” would read something into what I wrote above.
And no one is a spokesperson for some ‘world-wide brotherhood’ of this back-water, alternative News source and blog. (Exaggeration)
You enjoin ME to “keep it simple” – yet you yourself launched-out into a complex argument. There is an especially specific term for this. (Hypocrisy)
You will pardon me – but I have NO PART in any clique. I am a lone Baptist missionary: and I resent the label. You think living on next to nothing and minimum Social Security is a clique?
Everyone who looks at the Eiffel Tower describes something different: this is human nature. Scripture isn’t given by God for man to “interpret” it: it is given to be taken at face value. Man is supposed to conform his understanding to it. Period.
Though my summations in comment tend toward being strong meat: they are, in fact theologically sound. And here, sir – I find a most egregious implication. Those who ‘stumble’ at the word (1Pet. 2:8) are rebellious: hardly little children. And Matthew, Mark, and Luke use the word “offend”. Again: stating correct and well explained theological concepts is NOT “offending”. If anything at all – it should motivate the less learned to examine and prove for themselves what is right or not. Here you marry a word from one, unrelated Scripture, with another Scripture – where you substitute a word that isn’t there.You make me out to be a horrible offender of CHILDREN (who aren’t probably the majority of readers). What TRIPE! Those who are still nursing on the milk of the word (Hebrews 5:12) are not children – they’re babes. You confuse spiritual with natural and intend to condemn me with an error.
That Jesus Christ does not know the day or hour of His return, but only the Father – indicates there are voluntary limitations within the Godhead: demonstrating that everything must have a final authority. Within the Godhead, the Father is it. Since Those Three are ONE: there is no violation in the Absolute Attributes. Equality within the Godhead is in Divine Nature: not position. (What you see to disprove: I see as proof – but this is the difference “belief” and “faith”.) Spliting-hairs here is nothing but fault-finding against God. In this YOU have a problem with God – so no wonder you come up against me.
WHO SAYS any Person within the Godhead is “numerically distinct” from another?!?? You can’t apply natural math in the spiritual realm. God is outside of time, dimension. limits: you name it. And just for the record: the Higher is not proved by the Lower. Just as you label me: you are defining God in terms that don’t apply. “For there are three that bear record in heaven, the Father, the Word, and the Holy Ghost: these three are one.” 1John 5:7. Sir – the first and principle ERROR is and always has been is to change the Word of God.
And finally – “suppose” you tell us what the ‘church fathers’ believed; instead of mentioning it and leave us hanging?? You begin an argument under un-specified qualifications.
ALL YOU HAVE DONE IS TO DISCREDIT YOURSELF HERE.
From what I see – your comment was just an attempt to embarrass me, and discourage me from sharing of the wealth of my forty years study and practice of the Bible. I really, honestly try to limit my subject to the the interview: but occasionally it’s just necessary to “earnestly contend for the faith, once delivered to the saints.” (Jude 3): and what you put-out is a bunch of questioning and confused trash.
Charles H,
Thank you for your comment and analysis. I have removed James Little and his comment from this site. He quoted from, what many say is a false version of the Bible and I will not allow that.
Greg
Greg I missed James Little post. It must have been really bad.
JC,
It was because he was intentionally misleading people. Charles H. took him to task for it. Thank you Charles. I did not realize Little was quoting from what many call a false Bible.
Greg
It wasn’t just the Bible, Greg. It was an attempt to suppress me: I was the target.
My apologies for using your space.
Charles,
You said it yourself, KJV
only? What about the other 90% of the world that doesn’t speak english? What translation do you approve? By the way, by way of Bible hub found here on USAW I have dozens of translations available.
King James is not a saint and he did good for his time but their were bibles before him abd bibles after in the languages of our time and space.
James little,
Why come here and task ME with these common controversies? Read Gail Riplinger, AV Publications.
This is primarily a News Analysis site; and it is not mine. Let us not try the patience of the owner.
New World Translation
Jehovah witness translation
Paul, for the record I understand and agree with you on this.
Blessed are they that do his commandments, that they may have right to the tree of life, and may enter in through the gates into the city.
Worth a read. https://www.kingjamesbibleonline.org/Revelation-22-14/
Good interview Greg. After all the talk about metals I find so few that believe metal will ever be used as currency. Therefore the money controllers can find a new game to keep the price down. The dollar sets the price of metal in a paper world threw manipulation.
Why do they keep the price low? So they can collect it before the dollar collapse, or is there anther reason. I don’t think they fear it replacing the dollar as currency.
I have had customers literally pay me pre-64 dimes and quarters for sodas and cigarettes. They place more faith in the state’s lottery system than in the natural brilliance of the medium of exchange that God gave us.
I am not a smart man, so most investment strategies are as unknown to me as Fischerian Chess960 theory. I do know that the holding of pm’s is an investment that makes sense to me. I can hold it, feel its weight in my hand, see the sheen of light play across it. Ergo, if I can hold it, I own it.
Andrew, We have a saying for you … ‘Give yourself the benefit of any doubt’ !! Yours, DB
Andrew I bought most of my silver from cashiers at a big discount. They love to sell a silver quarter for a dollar. Seems to have dried up. They are holding the silver. This is another problem with metal as currency. Hoarders will not let go of it unless they must. Volume of currency is key to it being used. Thanks for commenting.
You are a lot smarter than the person giving you basically a $3 silver coins for its face value of $0.25
The total SHTF scenario is not necessary for either or both gold and silver to rise dramatically. Already there are shortages of both metals desired in quantity. Rob Kirby is a buyer for tons of gold for wealthy individuals. He says it’s a problem. In silver we hear of big industrial users going directly to the miners and paying a premium. An exchange default is on the horizon; both metals are in short supply for any quantity purchases. When a default happens, there won’t be any product available; the dealers and the refiners will hold onto their inventories. What do you think the price will be then?
Well I have plenty of one ounce Johnson Matthey silver bars and they are no more bigger or bulkier then one ounce American Eagles which I also have plenty of. Both of these are in high demand. You will not go wrong owning any well-recognized coins such as American Eagles or bars from Johnson Matthey or Engelhard. Of course having some junk silver is fine also.
Bill Murphy doesn’t want to go too far out on a limb … so he is projecting only $125 dollar per ounce silver (which isn’t too bad as every coin you buy now puts “a free” one hundred dollar bill in your pocket) …
However … I’m not afraid to go way out on a limb in search of the whole truth … some of you will likely say “that’s outrageous thinking” … but calm down, pour a glass of wine and look at the simple math … Jim Sinclair is projecting $50,000 dollar gold (assuming a conservative 25 to 1 ratio) silver would actually sell for $2000 dollars per ounce … thus every silver coin you buy now … will actually put “a free” $2000 dollar bill in your pocket!
JM: I agree about bars. Just get bars that are standard and easily identifiable by a pro. RCM (Royal Canadian Mint) bars are engraved with the assay of the bar, the mint, and a serial number. As for the weight of bars, a 100-ounce bar weighs 6.25 pounds. A little more than one of the girl weights at the local gym. Not a big deal to pick up and carry for the normal healthy man or woman.
I am not a fan of junk silver. Most people have no idea what it is or what it is worth. Dealers sell that stuff for the high mark up. Great if you sell it to a dealer, after collecting random coins yourself, but the mark up to buy junk is too high for me and I do not consider it cost effective. Try explaining to someone that you want $5 worth of stuff for a .50 junk silver piece due to the silver content. Most people would look at you with a blank stare or like you were an idiot and tell you to get lost. Not everyone, but most.
I don’t plan on selling, or trading, any of my silver to random people on the street. If I do sell or trade any of my silver it will be to someone that is able to evaluate it as authentic based on weight and standard markings.
Faith,
I am in agreement. I am also not a fan of junk silver mainly because of the mark up as you stated even though I do have a small amount. But you also make a good point about how the average person would not know what the value is of a junk piece of silver.
Faith,
Minted coins are somewhat more reliable – for the complexity of the minting/stamping/finishing; as well as the grooved edges. As price goes up, so will counterfeiting. I think bars will be even easier than coins to copy. Diamagnetic detection is almost the most reliable on neodymium magnet slides. I’m building one and will keep a counterfeit, real, and junk (Morgan Dollar) as tester and demonstrator. Weigh and markings are no match for testing the atomic nature of the balance of the piece.
CH: I have only bought from reliable sellers, Kitco and JM Bullion. I will probably sell back to Kitco.
As a reminder there are capital gains on PM purchases. PM are considered collectibles. JM Bullion has a short tutorial on their site as well as on Utube. Tax is not due until the time of sale. The amount of tax due to be paid varies and depends on the date of purchase which determines short-term or long-term capital gains. If you do not have a receipt the IRS charges the maximum tax rate in the collectible category. (I don’t have all of that information memorized but it can be found, easily enough, at http://www.irs.gov ).
I recommend people speak to a tax professional they trust about PMs prior to making a significant purchase.
Thanks, Faith.
I think direct dealing is how most PMs will be redeemed. So much steel, or wood, or food for so much metal. The money I earned, and spend anywhere I deem – has already paid taxes. Unless government want to tax the amalgum in my teeth – I don’t think they should tax my money in whatever form I shift it to.
There ought to be a difference between “trading in the market” for gains. That’s equity in play.
Physical possession is something else. Government isn’t going to give me a ‘refund’ or compensation if the price goes down – will they? Why then should they take from me if it goes up?
chas h
wow
Faith,
The mark-up on junk silver is very low right now. $100 face valve bag is 4.5% over the price of silver.
http://libertycoinservice.com/wp-content/uploads/quotes/daily_quotes.pdf
That is less than buying a 100 oz. bar, and more divisible.
J Marty,
I did some checking. You can buy a 100 oz. silver bar for $0.39 over spot from SD Bullion.
https://sdbullion.com/silver/silver-bars/100-oz-silver-bars/100-oz-generic-silver-bar
Liberty Coin Service’s price for $100 face value of 90% silver is about $0.85 over spot. Also Liberty Coin Service charges higher shipping then most dealers. SD Bullion would charge $7.77 for shipping while Liberty Coin Service would charge $30. I checked several online bullion dealers and each one had 100 oz. bars selling less per ounce than their 90% silver. This is very common. So from what I see you can buy a 100 oz. silver bar less per ounce than 90% junk silver. But you are right that the premium for 90% silver is low right now but only at Liberty Coin Service if you buy a $1000 face value. It is 3.7% over spot. All the other dealers I checked were charging 6% or more over spot for 90%. I do not know why Liberty Coin Service is selling $1000 face value for $300 to $900 less compared to other dealers. This is the only bargain that I really saw from Liberty Coin Service.
JM: Junk silver is simply not my cuppa tea.
I agree also. Just stick to the easily tradeable coins/bars like eagles and maples. Don’t buy them pretty looking $20.00 1/4 coins that the RCM and others put out unless you really like them. At the end of the day a 1\4 ounce is a 1\4 ounce.
Faith,
While I would love to have a bunch of 100 Oz bars (who wouldn’t), I think you need a certain amount at least half your stash, is smaller denominations. Change is going to be hard to make on a 100 Oz bar unless you’re buying a farm. I like 1 Oz maple leafs and Silver Eagles and press 64 good condition silver coins. So called junk silver is easy to figure the silver content and therefore the value. The people that can’t figure out through basic math that 1 ounce of pure silver is rough $1.50 face value. Good luck in the coming storm. Don’t forget the other precious metals, copper and lead.
I bought a boatload of 100 oz bars They can always be resmelted into smaller denominations should the need arise so Im not worried Same thing with Gold kilo bars can be had at very little over spot at the Gold exchange at the covered bazaar in Istanbul and they are certified and guaranteed by the city government All good
G5: I started with 1 ounce bullion coins, Mapleleafs. Once I had acquired a monster box I changed to the larger bars. At the present time I consider PMs to be my long-term protection against inflation and / or a financial or economic collapse. It helps me sleep at night, too.
Greg,
I believe the G20 meeting on September 4th and 5th may be the most pivotal meeting concerning the future role of the dollar as global currency in our nations history.
I have read multiple documents provided by the IMF that clearly states their intention to replace it. October 1, 2016 the game officially starts. I would plan accordingly.
http://www.imf.org/external/np/exr/facts/sdr.htm
Friends the BRICS have created.
– CIPS with cooperation from SWIFT
– AIIB with cooperation from all of the major banks.
– A new gold standard that’s about to be set in Shanghai.
– A Gold backed Yuan that goes into the IMF basket on October 1.
Do you get the picture? The petrodollar died along with our economy and the G20 is meeting in September to give it final respects.
I think you are right Jerry–again! Thank you for the comments and links you provide!!!
Greg
Thanks Greg.
Things are happening so fast I can’t keep up with them anymore.
I found this statement in Jerry’s link to be interesting….
“The Articles of Agreement also allow for cancellations of SDRs, but this provision has never been used. ”
Anybody want to suggest some scenarios where this might come about and the repercussions of it?
Saylor,
What do you think it means? This is very interesting. Thank you for bringing up this point.
Greg
I think it means a ‘big stick’ for anybody (sovereign) who does not toe the line.
Like….Russia. Which means the first time that particular carrot/stick is used, it will blow away confidence in THAT system.
Saylor,
I’ll buy that. Thank you.
Greg
jerry
as usual, jerry, I will steal/rob u blind on this one too!!!!! My friends enjoy my stuff I send them. 🙂
Allen, I wish I had better news to share.
jerry
I have 6 friends at work that are on board with the info but have gotten a late start, and I e mail them the links, and surprising 4 are black, kasshae and Charles and Ethan are the most knowledgeable one is Puerto Rican the rest are white. Howard the Puerto Rican just but gold for the first time, kasshae is in to food storage. I have 3 doctors, one IT with HP and several people just like me who read your stuff. KEEP UP THE GREAT WORK!!!!
….errr MY STUFF….
Jerry,
V and “Jeff Berwick, The Dollar Vigilante” stated a few weeks ago that China and Russia pull the plug on the dollar before US is about to start the war….
Jerry, on this mornings show V basically said that new monetary system months away. You should listen….
Thanks WD.
If anyone has any doubts about this information, they need to listen to this link at the 9:25 mark.
https://youtu.be/YlG_zYgG05o
You the man, Jerry! You the man!!!
IMF’s Lagarde Speech on The Global Economy in January 15, 2014 –
Q & A @ 39:12 – Question: You suggested there needs to be more than one reserve currency, how do you see more currencies emerging and over what time frame?
http://www.imf.org/external/mmedia/view.aspx?vid=3059557762001
p.s. This is also Lagarde’s famous “Cryptic Speech on Numerology and Magic 7”
MCASEY.
Thanks for sharing the link. The picture is beginning to take shape.
Got a link to this recorded audio file from 3-record set from 1967. Listened to it last night. Are there dark forces at work? Indeed. This also puts into perspective the reason that Saul Alinsky dedicated his book, “Rules for Radicals,” to Lucifer.
http://youtu.be/KrUXPn7HCjM
Here is a PDF of the above linked recording, it is 30 pages. This guy reminds me of an early version of Alex Jones. No wonder the first insult thrown out by the Clintons, and the left, is to call opponents conspiracy theorists.
http://www.usa-the-republic.com/illuminati/Myron_Fagan%20_%5BTranscript%5D.pdf
Thank you Faith. The hero of Hillary’s hero is Lucifer.
Greg
Not a problem.
Maya Angelou used to say, “when someone tells you who they are, believe them.”
These people don’t even try to hide who they worship. And that tells you everything about who they are.
Here’s the plan. Introduce gold into the IMF basket of currencies. The Chinese and Russians have worked with the IMF to build the platform to facilitate it.
https://www.chathamhouse.org/sites/files/chathamhouse/field/field_document/0212gt_schenk1.pdf
If this is all true, what is one to do?
Lois.
If you don’t have a food supply and water, you need to act now. Everything else is secondary to that. If we’re wrong, you won’t have to buy groceries for at least a year. If we’re right and you do nothing…..well
I agree to buy the dips. However, gold and silver are money, not a commodity. It is the dollar that fluctuates against it and it is the dollar that is volatile. B. Murphy is telling us that since the world is awash in negative interest rates and the cartel is running out of gold and silver to short, this may be the time to get into them. Of course, you should not “back up the truck.” But I wouldn’t be timid either.
Every one ounce silver coin you buy today (at approximately $20 dollars each) should at a minimum put “a free” $100 dollar bill in your pocket … here is why … the Coinage Act of 1792 defined a silver dollar as containing 0.7734 troy ounce of silver … just from 1913 to today the 100 cent dollar has depreciated to 1 cent … so the “new” Coinage Act of 2018? should “at a minimum” define a dollar as 0.007734 troy ounce of silver (or $129 dollars per ounce).
Now lets calculate the possible “maximum price” for an ounce of silver … using Jim Sinclair’s $50,000 dollar projection for gold and assuming a conservative 25 to 1 ratio … silver should sell for $2000 dollars per ounce!
Upon averaging the worst case and best case … silver could spike to about $1064 dollars per ounce! … in this case every one ounce silver coin you buy today (at approximately $20 dollars each) should put “a free” $1000 dollar bill in your pocket!
We are in the most dangerous time in the history of the world. I believe the $ is now the mark of the beast. It is the fiat of all fiats. Very soon it will self destruct. We are about to witness a meltdown never before seen in the history of the world! I hope people are prepared mentally, physically, and spiritually. God bless all those who put there trust in Him.
Todd
…and be sure u boat your conscience in the election, cuz civic duty and all.
Todd, 100 percent correct
GREG; GATA? Who is that? and what does it do?
Bill,
It’s been around since 1999. The link can be found by scrolling down before and after the interview.
Greg
Gold Anti-Trust Action Committee
http://www.gata.org/
H Craig Bradley: Most millennials cant see beyond hillary
Most millennials were for Bernie and won’t vote for Hillary.
Greg, ETAL, We have been contemplating the stocking-up theme quite a bit lately and conferring with another redoubter about the subject … dot dot dot !! … We all see a reset coming of some sort, mad max or what ever and folks ask ” What do I do” sort of question … well lets take food vs. seeds … it is a fine idea to have seeds on hand but in the short term those seeds will do you no good at all … buy food that will last because depending on the type of reset and the degree of calamity those seeds will do you no good until you can plant/raise/harvest … and who knows, if it is a Nibiru type event or EMP type event then the “reset” may take years for the dust to settle. Plus the fact that successful gardening requires a learning curve and this ain’t 1930 when lots of folks still lived on the farm or canned food or still had a kitchen garden in the back yard.
The sad fact is that most people are too close to a population center and will be overwhelmed toot suite by the roving hordes. BTW, as of now while there is still relative calm and peace in our country we recommend a wheel gun out in the population because when needed you will leave no casings behind whereas with your personal choice of semi-auto there will be evidence left behind.
Yours in Faith and Liberty, FN, DB.
I disagree, DB. Spent shell casings are one evidence; the bullets themselves another. Six against seventeen and one – just doesn’t hack it. By the time you have ejected spent casings – I will be firing another nineteen rounds. Six bullets for multiple assailants? Still something is better than nothing.
CH, Thank you for the reply … You make a valid argument … Where we live we do not anticipate a full scale encounter so we figure our 5 shot 38spl will do … that said, when things do heat up then the ordinance will shift accordingly !! Yours, DB.
Bless your Second Amendment heart, DB! Three or four rounds at close quarters is the usual – in which, most times, the best shot wins. It really boils down to this – if you don’t carry: you aren’t protected. Be alert – ALWAYS.
Charles H,
I only used my wheel gun couple of times. Not one involved discharging a round through the barrel, lol.
I concur something is better than nothing.
Good deal.
DB; Been around guns a little bit, but never heard of a —wheel gun. Explain please
Bill,
Revolver.
Wheel gun is a ‘revolver’ as opposed to a semi auto
The Kid Nails It Again, Trump Is our Robin Hood!
Now take 5minutes and hear for yourselves. Out of the mouths of babes (and sucklings). (literary)
Something that you say when a small child says something that surprises you because it shows an adult’s wisdom and understanding of a situation, Young and inexperienced persons often can be remarkably wise. This expression is a shortening and revision of expressions in the Old and New Testaments of the Bible. In Psalms 8:2, God ordains strength out of the mouth of babes and sucklings; in Matthew 21:16, praise comes from this source.
When I first heard these guys, young millennials, I was stunned, then I thought – out of the mouths of babes. . . Take that Bill Howland, I’m an old geezer as you are my friend. Listen up, there is hope!
https://soundcloud.com/the-ben-armstrong-show/hillary-and-the-dnc-much-worse-off-than-trump
Greg, future guest? I hope!
Where can satisfaction and meaning in life be found? Solomon was in a unique position to seek the answer. With immense wealth, wisdom, and authority, he was able to investigate whether these could bring him genuine fulfillment. He pursued the pleasures of material things, married many beautiful women, and enjoyed the best in recreation. He undertook great building projects. He explored the wisdom of learned writings. What did he find? “Everything is vanity.” However, he came to this profound realization: “The conclusion of the matter, everything having been heard, is: Fear the true God and keep his commandments. For this is the whole obligation of man.”—Ecclesiastes 12:8, 13
Irice … Solomon is someone I truly respect … all humans have an obligation not to lie, not to steal, not to murder, etc., etc. … whether God is Christ or God is Allah … humanity must come together on these issues … otherwise we get people like Hillary, Hitler, etc., etc. … how long do we have to wait to get a G20 meeting where the nations attending declare they all agree to stop the wanton killing women and children when playing their evil war games!
Murphy’s comment that the manipulators are having trouble holding the pm prices down reminded me of Charles Nenner’s comment in June that there are limits to how far the market can be manipulated. I like Murphy pointing out that civilization doesn’t have to collapse over this. (Jim Rickards appears to take the same view.) Our society is definitely eroding away, but it’s because of a number of factors. Life’s looking grim for the middle and working classes whether or not the pm markets explode.
Sorry Greg:
Darnell Coles
Worried about eating! Twice this week I bought food for hungry people, white people. They ate everything I bought and the scraps too. I read that as desperate. Consider this. It is not about black and white, that is what the politicians want us to think. Its not even about the cops. It is about the World Elitists and the crooked potliciians and bankers. You think white people are not feeling exactly what you are? I tell you they are but we know the police are just pawns in the middle. They are being used like you and me to benefit the superrich and the NWO trying to add another layer of government on top of us and make us all poorer to pay for it. They win by making us fight each other instead of them. They throw refugees on top of us to eat up more resources and make it tougher on us all. That’s not whites or blacks or cops. Its Hillary and Obama, rich people who hate us all. Sorry you think Obama actually gives a crap for you, guess that is why he made you poorer for the last eight years. Its George Soros and other elites we never heard of. One more thing Darnell when you get Hillary and we all get more pain, is that going to make you happy? Cause you are definitely going to get poorer by her. And she will be first to send out the dogs to kill us all. Darnell, it is going to get a lot worse before it gets better.
Bill has almost become an anti-establishment hero now. Got to admire his determination.
Look at this US Debt clock and then look in the bottom right for the Dollar to Gold and Dollar to Silver Ratio’s: http://usdebtclock.org/
Silver $880 /ounce
Gold $7964 /ounce
Those numbers are the reality What we have now is anything but that Tom
As crazy as it may seem the Hershey chocolate bar
scenario is really not that far off. You cannot eat silver
or gold. I’m not saying you should not own some but
as far as barter, small sizes of whiskey, vodka.
Long packaged snacks with protein and or complex
carbs. Tobacco, packaged in vacuum sealed cans to
retain freshness. Bic lighters, deodorant ,ladies sanitary
napkins, toilet paper. These are just some of the important
necessities that people will be looking for when times get
tough. Depending on how bad things get I would not trade
a needed necessity for silver or gold, Bring me some eggs or
a chicken and we start wheeling and dealing. My two business
partners and I have been stock piling for the last three years.
Nikko,
I agree,
You really need everything and you really need food and water as your base items. It’s all on sale now so stock up on everything.
Greg
Darrell educate yourself and go see the movie by Danish DeSoza about Hillary’s America, you have been lied to. Democrats have been pro slavery for years
Charlotte,
I did and it was great. I cried at the end a bit!
Greg
Great interview Greg, you asked all the right questions. I truly believe we make it through November and even to 2017, if Hilary is elected and the reasoning is this. Who better than her to group up with the NWO and the United Nations of Satan? NOBOBY, right? If she wins the party for the NWO is in the books. Her criminality and connections are a perfect fit as she will have the chaos, riots, and whatever else needed for a explanation going forward. I can see it now on all major media outlets broadcasting from the oval office. Dear fellow Americans, since the great economic downturn a few months ago we have lost loved ones and endured much in these trying times. Blah blah blah BS bs BS. So fellow Americans we will have to make some adjustments with help from the peace keepers of the UN since our local police and national guards are too stretched out from all the chaos. Finally, another 100 plus year storm hits and 20,000 or more are effected. Light bulb effect in the middle east, as record temps hit Iraq and Kuwait. Getting warmer every month and times running out. 10 years maybe, but food shortages by 2020 here in the US according to FEMA. Say hello to Revelations chapter 1 through 5 by 2021. Strength in Christ Jesus our Lord.
J P Morgan has been stashing silver, when the FED instructs them to release it all back into the market, they will comply with their masters wish.
Greg,
A few weeks ago Jeff Berwick, The Dollar Vigilante, was in Germany and said he witnessed tremendous US heavy military equipment and movement headed toward east.
Jerry, if Russia/Putin has the goods on Hillary, emails or whatever, why would he ever let her proceed with the prospect of her waging war on Russia? He must know what she has in mind…..
Greg have you ever seen so much crazy in your life ? Hey we decided to stay in this country.
JC Davis,
The only thing that give me comfort is it has to get bad before it gets better. It’s predicted in the Bible and Jesus said before He returns it will be “as in the days of Noah.” How bad was it for God to wipe out the world with a flood and start over again? “Fear Not” God the Father is in charge.
Greg
The Bible condemns cross dressing and homosexuality which condemn the Profit Mohammed who was a cross dresser and liked small boys and girls. We’ll hit the cross dressing today and the rest tommorow. Don’t belive me, don’t take my word for, take a moslem scholars word for it.
But the NY times would be guaranteed to refuse to publish it: Got to love their double standards and hypocrisy.
http://www.answering-islam.org…
The Holy Bible clearly condemns cross-dressing, i.e. man dressing like a woman and vice-versa. God’s holy Word says that those who do such things are an abomination to Yahweh:
“A woman must not wear men’s clothing, nor a man wear women’s clothing, for the LORD your God detests anyone who does this.” Deuteronomy 22:5 NIV
What is about to follow next may shock not only Christians but Muslims as well. The authentic hadith literature unashamedly states that Muhammad wore Aisha’s apparel as he reclined before her, and also exposed his thighs in front of men.
Instead of saying anything more about this we will simply quote the relevant sources and let the readers see for themselves. All bold, capital and underline emphasis will be ours.
From Mishkat Al Masabih, Volume II Book XXVI- Fitan. Chapter XXXVIII, “The Fine Qualities of the Prophet’s Wives.”
She told that the people used to choose: ‘A’isha’s day to bring their gifts, seeking thereby to please God’s messenger. She said that God’s messenger’s wives were in two parties, one including ‘A’isha, Hafsa, Safiya, and Sauda, and the other including Umm Salama and the rest of God’s messenger’s wives. Umm Salama’s party spoke to her telling her to ask God’s messenger to say to the people, “If anyone wishes to make a present to God’s messenger, let him present it to him wherever he happens to be.” She did so and he replied, “Do not annoy me regarding ‘A’isha, for inspiration has not come to me when I was in any WOMAN’S GARMENT but ‘A’isha’s.” They then called Fatima, sent her to God’s messenger, and she spoke to him, but he replied, “Do you not like what I like, girlie?” She said, “Certainly,” so he said, “Then love this woman.” (Bukhari and Muslim.) (English translation with explanatory notes by Dr. James Robson, Sh. Muhammad Ahsraf Publishers, Booksellers & Exporters, Lahore-Pakistan, Reprint 1990, p. 1361; bold and capital emphasis ours)
Thanks for having Bill Murphy as a guest. Team GATA has done much to point out the activities of the “Snakes In Suits” [a book title] disrupting world finance and trade via manipulation of the metals markets. The old 1889 book “The Great Red Dragon” has examples of how the “snakes” were, and are still trying “to own the earth in fee-simple.” However, there’s nothing new under the sun, as shown by the latest commentary from National Geographic (Sept issue) http://www.nationalgeographic.com/magazine/2016/09/maya-empire-snake-kings-dynasty-mesoamerica/
The real problem is for ordinary folks to figure out who the snakes (sociopaths) are and NOT do business with them. Until they do, they continue to move ever closer to falling into the abyss. Don’t be devastated, then educated. It’s too late then.
I prefer silver junk coins for barter should the you know what hits the fan. Gold’s only drawback is if things really go bad the government will be right there confiscating it from you. Many dealers don’t tell you this even though it happened back during the great depression. My only concern is silver could get confiscated as well because of its industrial value, as well as its monetary value. Just my thoughts. When governments get desparate everything is on the table. Keep safe!
What could ‘throw a sabot into the gears’ for all the gold and silver bugs out there would
be a major stock market crash w/i the next couple of months or so. In that case, H Dent may be proven correct, at least very short term, before gold and silver turned around and headed back up.
The really positive outcome of a crash before Nov, would probably be Trump being catapulted into office!
May not David. It won’t just be the stock market that gets a hit as we have a huge debt problem. Bonds are collateral in this crazy world, and we are about to find out debt is NOT collateral but a huge liability. I would think Gold and Silver would be far better collateral than bonds. We will see.
Greg
Even if there is a stock market correction to properly reflect PE ratios and price discovery, stock are equities and therefore assets. Paper assets perhaps with their market values not reflecting book values, but assets never the less. Bonds are debt, plain and simple. Bond debt is predicated on the idea that there will be a guarantee of a pay back at a certain rate of interest. This is what separates a bond from a debenture, the guarantee factor. Mr. Hunter is correct, when the guarantee erodes…..and we are seeing this with negative interest rates and junk status…..then the bond market becomes compromised. The increase of risk spells a loss of confidence and from there default is closer then not.
Very good Mr. Lee.
Greg
You say confidence in govt would have to go away for silver to get to 50 or 100 dollars I would say not really as we were at 50 in 2008 due to high oil prices and percieved hyperinflation around the corner. In my opinion it will be a dollar crisis that leads to those prices Keep your eye on the dollar index
Not really if that happens just as it did in 2009 I will simply wait and add to my stack at lower levels DONE
You say confidence in govt would have to go away for silver to get to 50 or 100 dollars I would say not really as we were at 50 in 2008 due to high oil prices and percieved hyperinflation around the corner. In my opinion it will be a dollar crisis that leads to those prices Keep your eye on the dollar index
BILL – since I do not see that DB answered your question…a ‘wheel gun’ is just a revolver… A 5 or 6 shooter usually… think old western and police specials — usually 357, 38 and Colt 45’s… others if you include black powder versions…
Dear Mr Hunter, I have been watching your truth telling for a long time from Australia and I applaud you for it. Keep up the good work mate! Many don’t want to hear the truth but many need to. Cheers and prayers coming your way always Sir, Mark G.
JP Morgan Chase is known to be hording a vast physical silver supply (greater than any accumulated in history). Since they are at the heart of the price suppression scheme, it would seem they have all the physical they need to feed the market in the event of price increases. Some have contended that JPM would not sell their physical … yet … they are the number one price suppressor. JPM’s physical silver supply should give anyone some pause concerning the future of sliver prices.
If God is in charge, then he is responsible for all of the starving children in the world: or one every 10 seconds. Man made God. God is a remnant from people who did not know what a germ or a galaxy was. The earth is not flat. Stars will never fall to the earth. Snakes never talked, nor did donkeys. Science is the only quest for truth. When I meet someone and they feel compelled to tell me off the bat that they are a Christian, I reach to make sure my wallet is still in my pocket. Christians believe their “salvation” is a license to sin. If you are not in the club, or what I call “the Holy huddle,” then it is okay for them to do anything to you without fear of retribution and to do it with a sense of justification. It is no different than it is with an Islamist. Religion is the bane of humanity and is used to justify all manner of evil. There is a reckoning coming, but it is man’s doing. Buy as much food, water, gold, silver, guns and bullets as you can afford because Jesus is not coming to save you.
Rob M,
You are a sad, hopeless person, and I am sorry you don’t know Jesus. I was going to delete you comment but I am putting it up to show Christians how some think. I do not agree with you and I suspect few here will.
Greg
Rob,
This Hairy Guy appreciates your thinking outside the box, but there’s so much you state which is wrong. God isn’t always loving and children will starve. Some places in the world, He is soundly rejected, and the people suffer at the hands of dictators whom place the State ahead of anything else, even one’s life. God is jealous and despises other gods being worshipped in his place, and that includes so many inatimate objects and a number of sinful deeds. God indeed works in mysterious ways. He also destroyed Sodom and Gomorrah due to their continuing wickedness. Jesus was the Prince of Peace, yet he wielded and used the whip at the Temple against the money changers. Considering the increased quickening of events in this world, God may well send Jesus back sooner than many think. It WILL happen. Even if the Bible isn’t literally correct, some have reasoned we live in a simulation of our reality. God is the creator if that is proven as fact, yet it’s beyond man’s comprehension to fully realize how space time and other mysteries operate in the big realm of things. Also, if this were a perfect world, there would be no War, and the Earth would be overflowing with people today. As is, the American Congress can rarely agree if a light bulb needs either changing or being switched on or off! Mankind and entrusting too much power to people who subsequently abuse it is far more important to me than placing blame on any diety. Due to unsustainability, there are some religions I shun as their agendas are often harmful, not only to individuals but families as well.
So many think He’s a Sky God, but he’s MY God. I even wrote a song about that.
Outstanding guest! I’ve been on the GATA email list for a long time now and am pleased beyond words that they’re vindicated. This Hairy Guy senses China, Russia and a few others have taken advantage of the GIFTS of this ongoing manipulation. If following up on GATA in the future, would you bring that up in a question?
Greg, thanks for leaving my post. So often I see Christians without any patience or regard for criticism and they would rather not face anything challenging and tend to throw the baby out with the bathwater. That is why I call it the Holy huddle. You are either in the club or not. Your urge to remove my post is predictable because of the intolerance of the huddle. I salute you for fighting the urge. I too, was a Christian for more than 40 years, even considering myself a Bible scholar. It was the inability of the tolerance of the huddle and the ability of many of its members to go outside of Biblical thinking and teaching to go and do evil which led me to question the huddle. It led me to much study of Roman history and made me decide that if I am going to be a good man it would not be because I feared the consequences of the eternal burn. I found this fear to be the motivation of many Christians and this was brought about by Roman influence and its 1000 year “preservation,” and the twisting of Christianity until the reformation. All Christianity is an offshoot of this ancient corruption. I am a gold bug as are many here. I enjoy the discussion of what is about to happen to the markets and believe that it will be of Biblical proportions, a perfect time for the savior’s return much like the time of the WW2 and the concentration camps but as I have predicted, that will not happen. If we have a breakdown of civil discourse, body armor will be better protection than Genesis to the Relevation. One of the phrases which spurs me to the stump is “God is in control.” That eliminates free will and leaves God holding the bag of innocent dead babies. Again I appreciate your tolerance of my ideas. For those of you who can fathom the foul language and some of the themes in the adult-only cartoon movie “Sausage Party,” I think it is extremely illustrative of the state of “belief” systems. For my two sense I hope Jim Rickards is a better predictor than Harry Dent. I do think we have been living on borrowed time with the fiat money system and a correction is in order. That is what I am preparing for. Jesus instructed his apostles to leave their wallets behind. I think the accumulation of precious metals is the opposite of that but that will be my path. Again thank you for your tolerance. I have tried to present what I think in a gentlemanly manner. I hope your many readers are polite and as respectful as you have been. How can I get rid of that terrible picture of me?
Imagine you are a Christian in the days of the Roman Empire. You want a copy of the book that became the gospel of John. There are only a few copies that exist. So you travel to, let’s say, Ephesus, where you heard someone has a copy of the original. There are no printing presses, so you have to copy it by hand. Then after you get back home someone wants a copy of your copy. Then someone wants a copy of this copy and this goes on for over a thousand years. Each copy will have errors. Like the game telephone where you give a short message to someone and they whisper it to the person next to them. After 30 or so whispers the message is nothing like the original. Or keep copying a copy of a copy of a copy and so on with a scanner. The original is lost quickly. It was Roman Emperor Constantine who assembled the Christian leaders of the day and ordered them to come up with an orthodox or same collection of manuscripts and letters (epistles) that would hence be called the New Testament. Anything else not part of this “orthodox” collection would be considered heresy, the possession of which punishable by torture and death. Constantine’s empire was falling apart so he needed crowd control. There is one way to the father; through the son, so create a priesthood that would be an intermediary, the church, Jesus’ body, between the citizens and God. The citizens could not read the Word because it was written in Latin. They were required to go admit their sins to a churchman. If they didn’t they would be considered heretics and we know what happens to them. The Roman Catholic Church and the New Testament were political constructs to maintain order and today they are vestiges of the Roman Empire. All Christian religions are based on what the Roman Catholic Church is. There is so much more. There were over 1000 women burned at the stake during the thousand years from the creation of the Roman Catholic Church and the reformation. Don’t feel bad for me. I am not miserable. I know the truth and it gives me great happiness to be free of the chains of slavery that IS the holy huddle. Did any of you know that toward the end of the Roman Empire the coinage had less and less precious metals, much like our sandwiched, clad coins of today. The Roman Armies were largely composed of mercenaries who grumbled about the loss of value. History repeats itself and Rome is about to fall again. That is why we collect precious metals. When gangs and the hungry overwhelm the law and come for your riches, be prepared. Belief in an ancient deity from a time of utter ignorance will not save you. Bullets may not save you if it gets really bad. With all of our smartest economists telling us a crash is coming, that the dollar will become worthless or nearly so, that credit will cease to exist it will be the holy huddle that is most at risk. Barbarians are at the gate. You see it daily in the news. Baltimore, Milwaukee, Dallas, Treyvon Martin, the gentle giant, ISIS and politicians who side with enemies within and without and a willing press are all signs. Your beliefs and families will be shattered by a bullet from some hungry thug who cares nothing for Jesus or God if you are not ready. Hey, I hope I am wrong, but even the book of the Revelation paints this picture.