COMEX Hurtling Towards Default And People Will Be “Settled” With Dollars, No More Metal Will Be Delivered!

Comex Physical Drain Accelerates—With Over $7.8B In Gold Disappearing From All Depositories

As the headline battle between paper sellers and physical buyers of gold escalates, something eerily strange is continuing behind the scenes.

As first reported here on April 9th, Comex gold inventories have been plummeting, demonstrating the highest levels of physical removal ever during a single quarter in Q1, 2013.

Most shocking however, is that Comex warehouse inventories are accelerating their downward plunge, with dropping inventories now [...]

US MINT Sells RECORD 63,500 Ounces of GOLD….IN ONE DAY

US Mint Sells Record 63,500 Ounces Of Gold In One Day

According to today’s data from the US Mint, a record 63,500 ounces, or a whopping 2 tons, of gold were reported sold on April 17th alone, bringing the total sales for the month to a whopping 147,000 ounces, or more than the previous two months combined with just half of the month gone. 

So how long until the US mint “runs out” of American Eagles [...]

COMEX Will DEFAULT in the Next Week!

SILVER DOCTORS:

The COMEX will default in the next week or several weeks and people will be “settled” with Dollars, no more metal will be delivered! So, knowing that “game over” has arrived, they are dumping a massive volume of paper contracts with impunity to push the metals prices as low as possible before the “default”. This way the “shorts” do not have to and will not be “covered” when “supply” cannot be obtained because [...]

Is A Collapse Inevitable? Jim Willie & Gerald Celente: The US Has Become Weimar Amerika. When The Gold Start Skyrocketing, People Will Wake Up To The Ponzi Scheme.

“The US has become Weimar Amerika, a fascist enclave.”

The propaganda has turned openly laughable. On the popular major financial news networks, the recent decline in the so-called Gold price has prompted quite the parade of clowns on the ship of fools to trumpet nonsense. The widely published and posted Gold price is dominated by futures contracts, and thus as corrupted as meaningless.

The entire global financial structure is crumbling before our [...]

Did Bankers Deliberately Crash MF Global to Crash Gold and Silver Prices?

by smartknowledgeu

Did bankers use the MF Global bankruptcy to suppress gold and silver prices and create the panicked appearance of collapsing precious metals to give themselves additional precious time to delay the crash of the Euro and the US Dollar? As crazy as this sounds, a closer investigation of some key data seems to imply this possibility. Though bankers claim that they created futures markets to provide a mechanism for commodity [...]

Why Gold and Silver Prices Will More than Double Again Even From Current Prices

Those that are familiar with my writings about gold and silver for the last six years know that I have said gold was cheap at $500, $600, $700, $800, $1000 and $1,200 a troy ounce and know that I have said silver was cheap at $11, $12, $14, $16, $25, and $30 a troy ounce. Today, I will reiterate that gold is still cheap in the [...]

WOW what a week: Roughly $1 Trillion or so in 15 minutes is even faster than the Fed can print it!

In one day down 998 points at one point and roughly a 700 drop in less than 15 minutes! Roughly $1 Trillion or so in 15 minutes is even faster than the Fed can print it! “They” want to say it was the computers or a “fat finger” or blah blah blah. I have news for you, if the market wasn’t so overvalued or the fundamentals so horrible, the market [...]