Tuesday, August 12, 2014

United States is now definitely "At Risk" for "Bail-ins"

The United States is no longer, if it ever was, immune from the ultimate blow, "Bail-ins".  The following details just what was said by the financial heads of the Federal Reserve.
Speaking about the steps that have been taken internationally in order to “strengthen the financial system” and to reduce the “probability of future financial crisis,” Fischer said that the U.S. was preparing proposals for bank bail-ins for “systemically important banks.”
If you still hold a lot of cash, now is the time to consider a conversion to hard assets like $ilver, gold, diamonds, jewelry and ammunition to name a few.
 

Sunday, July 20, 2014

COMEX Mercenary Swap Dealer Banks Way Short Silver Too, Vulnerable to a Squeeze - Got Gold Report

Best advise is to continue to $tack.  If you have cash in the market go long on the pull backs.  Just remember to "go long"!



Most anything can happen short term, but at some point gold and silver are going to catch a tail wind strong enough that those attempting to prevent runaway breakouts could be overwhelmed.  It is in such cases that the trader community on the COMEX becomes its most cutthroat and merciless.  If the other traders sense a trapped large trader or group of traders, you know, maybe one with a way-too-huge-short position in a rising price environment as an example … well, let’s just say that all traders consider it a duty to pile on and make them pay…  Watch for it.


COMEX Mercenary Swap Dealer Banks Way Short Silver Too, Vulnerable to a Squeeze - Got Gold Report

Wednesday, June 4, 2014

ETF Securities enters race to provide silver price benchmark

Now we need to able to prove that the silver that is held is not sold short(sic) or leased or not there.  Perhaps the only real price would be from the physical market not this electronic doldrums.
One of the biggest providers of exchange traded funds has entered the race to develop a new global silver price benchmark when the 117-year-old London silver fix is disbanded in August.

http://www.ft.com/intl/cms/s/0/e8fdeabc-ebe6-11e3-8cef-00144feabdc0.html?siteedition=intl#axzz33iUAkrL7

Monday, May 12, 2014

The Fed Is The Great Deceiver -- Paul Craig Roberts and Dave Kranzler

Paul does it again.  Hits the head on the nail.  How are these bonds being purchased??



Some country or countries, unknown at this time, for reasons we do not know dumped $104 billion in Treasuries in one week.


The Fed Is The Great Deceiver -- Paul Craig Roberts and Dave Kranzler - PaulCraigRoberts.org

Tuesday, April 29, 2014

Deutsche resigns gold and silver price-fix seats

They list HSBC and ScotiaBank as the seat holders.  
Hum, isn't HSBC aka JP Morgan being that JPM has the largest short position on the comex. 


 “Gold will be fine with one less member but it’s a big deal for silver,” said a banker involved in the precious metals trade. “I don’t see how it can function with only two members so they are going to have to work something out.”

Deutsche resigns gold and silver price-fix seats - FT.com