We investigate the black hole of debt sucking in our economies, jobs and wealth like strings of spaghetti past the economic event horizon. In the second half, Max Keiser talks to Ned Naylor-Leyland of Cheviot Asset Management about the fishy smoke signals blowing at the LBMA regarding silver contracts and about the debate between inflation, deflation, hyperinflation actually being a debate about the final denouement of paper currencies.
- Pravda Is The United States Prepared?: While Iraq Buys Back Currency Off The Streets & Retires It ~ The FED Is Smothering America In Newly Printed Funny Money!
- Congressional Petition Gains Steam: Obama Forgery Petition Reaches 38,000 Signatures For U.S. Congress To Immediately Investigate Obama’s Use Of Forged And Stolen IDs.
- Silver: Criminal History In The Making ~ With Silver Not Being Mined ~ Gold Is 5Xs More Abundant Above Ground Than Silver!
Ned also reveals that the LBMA is about ten times larger than the Comex and that BBC’s flagship programme, Panorama, had interviewed him and Andrew Maguire about silver manipulation and yet have never aired the episode.
SILVER MANIPULATION HAS LOST!
Big money appears to be finally waking up to the incoming tsunami of fiat devaluation, the smart money is going to silver.
The Doc sat down with Dont-Tread-On.me’s Chris Duane Monday to discuss the recent explosion in gold purchases, his outlook on silver, and the launch of the 2nd coin in the Silver Bullet Silver Shield series, the Trivium Medallion.
Duane states that while the big money appears to be finally waking up to the incoming tsunami of fiat devaluation, the smart money is going to silver. Duane expects silver to massively outperform gold throughout the duration of the bull market, easily surpass the current in ground ratio 9-1, and potentially reach 1:1 parity with gold prior to the end of the secular bull.
- Chris Duane: Silver Headed to 1-to-1 Ratio With Gold As Manipulation Collapses
- One-on-One with Chris Duane on Silver
- SGT & Chris Duane Discuss Survival Prepping and Physical Silver
- SBSS 47. The Ultimate Exit Strategy
- Chris Duane: NOW Is The Time To Buy Silver!
GOLD EAGLE SALES EXPLODE IN NOVEMBER, UP NEARLY 4 FOLD
In the midst of a 2 month price consolidation for both gold and silver, US Mint gold and silver eagle sales exploded in November, coming in a 3,159,500 oz of ASE’s, the 3rd highest monthly total for 2012, and 136,500 oz of AGE’s, by far the highest monthly gold sales for the US Mint for 2012.
While silver eagle sales were strong, the story is in gold eagle sales, which roared back to life in the wake of Obama’s re-election. The silver/gold sales ratio narrowed to 23/1, after reaching such extremes as 74/1 as recently as August.
The 136,500 oz gold eagle sales total was nearly triple the October sales total of 59,000, and was up an astonishing nearly 4 fold year over year from Nov 2011, which saw 41,000 oz sold. November silver eagle sales were nearly as strong, up 2.5 fold year over year from 1,384,000 sold in November 2011.
Silver ~ London Banker’s Scared: People Dumping Their Paper To Take Possession Of Silver ~ This Will Cause The NWO Banksters To Produce REAL Cash W/O The Ability To Hide Behind Fraudulent Derivative Paper.
- What’s eating the global economy? (xrepublic.tv)
- “We are in a financial holocaust” – Max Keiser says in Parliament (hangthebankers.com)
- The Silver Shortage Of 2013 (sgtreport.com)
- Silver Coins in Demand (sgtreport.com)