Switzerland Revises 1934 Banking- Act to Allow Bail In Deposit Confiscations Getting physical: Refiners Can’t Keep Up With Massive Global Gold Demand. (Thanks to Jim W. for the link.) Gold Price Attack First US Response In Currency War Escalation Items from The Economatrix: For Every Job Opening, There Are Three Unemployed Americans Explaining The Disappointing Jobs Report Maguire — LBMA Default Triggered Gold & Silver Takedown
There has been a suggestion for a May 1st strike on the banks. Withdraw your extra cash and buy silver! G.G. flagged this: FDIC closes two banks in Florida, one in Kentucky Items from The Economatrix: Retail Sales Down In March Jobless Claims Point To Fewer Layoffs Firms Are Firing Less, But Not Hiring Enough
Hinde Capital: “One of These Days I Think Gold Will Go To $5000—But When It Does, Nobody Will Own It” The world’s biggest container ships prepare for delivery Score: Banksters Two, Gold & Silver Zero Items from The Economatrix: 100 Years Old And Still Killing Us: America Was Much Better Off Before The Income Tax Flashback: Warning: Watch The Metals, When They Dip. It Will Be A Good Indication That Things Are About To Happen Top Gold Analyst: “We Can’t Imagine What It Would Be Like If There Were True Chaos”
Global Physical Gold & Silver Demand On Fire Amid Price Drop Paper-Gold Holders Flee To Real Metal Why a Dollar & Euro Collapse Is Guaranteed The European Commission Lays Out The True Blueprint For The Future Of Every European Country Items from The Economatrix: Is Bernanke’s Worst Nightmare Just Around The Corner? Is The Takedown Of Gold A Sign That The Entire Global Financial System Is About To Crash? Criminal Cartel Attacks: No Shelter Until They Have It All
Fewer Americans Now View Their Income Taxes as Fair. The 55% who say their taxes are fair is lowest since 2001. (Not mentioned here is the fact that 47% of American adults pay NO Federal income tax!) So next we must ask the more apropos question: What percentage of actual TAX PAYERS consider their taxes “fair”? Jim Rogers Cites Four Key Forces Fueling The Current Gold Sell-Off U.S. Economy Fundamentally Tormented; No Amount of Money Printing Can Fix It Precious Metals Retailer Says They Have Been Experiencing Astounding Volume. US Mint Sells Record 63,500 Ounces Of Gold In …
Tax Freedom Day 2013 is April 18 — Five Days Later than Last Year Jim W. sent: 16% of Annual Silver Supply Just Vaporized Dollar Decline Confirmed Items from The Economatrix: Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling and Unfounded Panic Gold Trader: Expect Margin Calls Monday Morning as Big Players Do Whatever it Takes to Get Physical Metal Extreme Nervousness in Regards To Collapse — Gold Silver a Must Rule
A Tale of Two Markets: At the same time that the speculative COMEX spot and futures market for silver has been slammed down hard, the physical market for silver has been so frantically bought that it hard to find any pre-1965 “junk” silver or 1-ounce silver rounds for sale. Nearly all of the wholesalers are reportedly sold out of bullion coins! They’ve all been snatched up by eager buyers. Reader Diana V. wrote to mention: ” The local shop I use sells any face amount of junk silver. Up until about two weeks ago [they charged a premium of] 3 …
I heard that some precious metals investors have felt panicky, in the recent sell-off. Don’t panic. The current sell-off was manipulated. The thing to keep in mind is that the U.S. Treasury and Federal Reserve have nearly tripled the money supply in the past four years. So the long term prospects for the metals remain strong. Look at big dips such as these at buying opportunities. The bull will resume his charge. DO NOT sell into the falling market. I recommend buying physical silver right now. Remington Sells Out To NY For $80 Million “Sniper” Rifles Government Contract. Granted, they …
Reader Joe K. sent: Obama’s 2014 Budget Proposal Addresses Coin Composition Changes Damon sent: Railcar Loadings Drop Most Year-To-Date Since Crisis Items from The Economatrix: Deflationary Fears The Main Reason For Commodities Selloff? Ambrose Evans-Pritchard: EMU Plot Curdles As Creditors Seize Cyprus Gold Reserves Commodities Slump As “Death Bell Rings”; US Stocks Drop
James, Many reader may be stunned by the drop in COMEX silver prices. However, holders of physical silver need not despair. The price to obtain actual coins has hardly been affected at all. Both Kitco and eBay testify to this: On Kitco, single silver eagles are now $29.10, or $4.15 over the Friday silver Comex close of $25.95 and a monster box of 500 eagles at $14,300 is still $28.60 each. Kitco at present is not even listing “junk silver bags”, they’re just not available through them (sometimes this happens), but others are selling the $1,000 face value bags of …
US Shale Industry Set for a Second Boom with Waterflood Technology Governor Paul LePage: Beretta, Colt and Magpul—Come to Maine. The Texas Governor says Ditto! Portugal’s elder statesman calls for ‘Argentine-style’ default. (Thanks to Andre D. for the link.) Items from The Economatrix: More Than 101 Million Working-Age Americans Do Not Have A Job Authorities Seize $50M In Gold From Private Owner Why Are The Banksters Telling Us To Sell Our Gold When They Are Hoarding Gold?
The future and spot prices of precious metals took another dip on Friday, but the supplies remain tight in the physical market. Bottom line: The COMEX may be rigged but the physical market price doesn’t lie. Buy on the dips! Silver Prices, Inflation and Living With the Long Term EMU plot curdles as creditors seize Cyprus gold reserves Now He’s After Your 401(k): The White House pulls a switcheroo on retirement savings accounts. Items from The Economatrix: If Bullion Were Not A Threat Government Would Not Attack It Secret FDIC Plan To Loot Bank Accounts Crash Indicator: Mom And Pop …
You may be reading this and have not made the decision to get started. You may be facing some of the same challenges I had or you may have your own. I want to encourage you to find ways to overcome your obstacles. Getting started is the biggest step. My family and I have always led a very frugal life. My wife and I both work, and I have a second job as well. The grocery bill stays under $30 per week through couponing and eating-in. Money has gone into savings in case of emergency and we finally have a …
FHA may need $943-million bailout Less and less privacy, as time goes on: UK signs tax deal with France, Germany, Italy and Spain Items from The Economatrix: Class Of 2013 Faces Grim Job Prospects Natural Gas Prices Jump After US Hurricane Forecast How The Looming Bitcoin Crash Will Be Exploited By Globalists To Outlaw Decentralized Crypto Currencies
Daniel Fisher of Forbes reports: The Bullet Bubble: Is Ammo The Next Bitcoin, Or Gold In The 1970s? Recognizing Ballistic Wampum for what it is: An almost perfect barterable tangible. (Thanks to Glenn M. for the link.) Comex Gold Inventories Collapse By Largest Amount Ever On Record BitCrash: Down 50% In Massive Sell Off: Over $1 Billion Vaporized In a Few Hours AmEx (American Expat) sent: Marc Faber: Now Is Not a ‘Very Good Time to Buy Stocks,’ Crash Coming Jim K. recommended an article from earlier this week: Kyle Bass: On Friday, The Market Gave Us The First Glimpse …