Tuesday, 23 April 2013

CBC Documentary:
The Secret World of Gold

Here is the CBC Documentary from this week, presented in three parts.

In Part Three they present Andrew Maguire and his activities in calling attention to manipulation in the silver market.

I could be surprised, but I expect nothing to be done for all the same reasons that Jeff Sachs cites in his talk to the Philadelphia Fed banking conference about the pathological environment on Wall Street, and how a docile President, Congress and regulators will say or do nothing about it.

I think they will, but only after something blows up so badly that they cannot keep hiding it and kicking it down the road. I cannot hardly blame them. And this does not speak to the situation in London and especially Berlin.

I am however seeing more indications that we are getting closer to a tipping point. And when and if it does break it could break rather quickly, with the exchanges closed or on holiday. There is a desperation in the air amongst the financerati and their loyal manservants.

So have a care when swimming in opaque waters that are subject to rip tides.

The Secret World of Gold

h/t To the TFerguson crowd for putting this up on Youtube and to SilverSaito for making me aware of it.

Sunday, 14 April 2013


SD Metals & Markets: Gold & Silver on Verge of Capitulation to $1400 & $22?


Published on 13 Apr 2013

SD Weekly Metals & Markets 4/13/13: Vampire Squid Kicking Arse As MOPE Fiesta Runs Wild
Providing our antidote to mainstream MOPE, we bring you this week's SD Metals & Markets discussion, including: Paper Metals Market Madness: Silver Breaks $26 And Gold Dives Below $1500- is a wash-out capitulation crash to $22 and $1400 imminent? Vampire Squid Must Eat: The Bankster Set-up Before Cyprus Forks Over Gold Tribute To Bill Murphy, Chris Powell And GATA: American heroes in the most classic sense of the term

Launch the radio program by clicking the YouTube play button and enjoy the supplemental write-up at SilverDoctors.com ( http://silverdoctors.com/sd-metals-ma... ). Let's get to it!

Silver at a 2 year low

Published on 14 Apr 2013




Why bank with banks when you can bank with ice cream?

April 10th, 2013
In a free market competition provides much needed quality controls. If consumers are dissatisfied with a service provider that’s a signal to entrepreneurs that it’s an industry where competition would be profitable. With all the outrage people have toward big banks you’d think there would be small Mom and Pop competitors sprouting everywhere, but banking regulations largely prevent this from happening. Well, what happens if someone just ignores those regulations and give their community the banking services they want? Well, a Shadyside ice cream shop is finding out, making them our Rebel of the Week.
Despite threats of big fines, Ethan Clay is not going down without a fight. He opened his own community bank last summer out of his ice cream and coffee shop, The Oh Yeah! and despite the aggressive response of the Pennsylvania Department of Banking and Securities, he’s not shutting his doors.
Ethan is offering check cashing, “neverdraft” loans and interest on deposits in the form of store credit. Pretty innovative. Avoid bank fees. Get free ice cream.
Sociocrat Ed Novak said they planned to shut him down because he never applied for a bank charter. They sent him a letter citing multiple esoteric violations in the banking regulations they claim could trigger $10,000 in fines, but Ethan said most of violations were just semantics, taking issue with the way he phrased his services. He said ”I learned a lot from the letter. I didn’t know it was against the law or that you couldn’t say the word ‘bank.’” So, he changed the name and changed the advertising and kept operating.
It’s no longer the Whalebone Intergalactic Cafe “Bank.” It’s the Whalebone Intergalactic Cafe “Banco” which is just “bank” in Spanish. He no longer accepts “deposits” he sells “never-ending gift cards” that earn store credit. Instead of making “loans” he offers “neverdraft cash sets” of $100 for a $5 monthly “rental” fee. And he added the disclaimer, “Whalebone Intergalactic is not a bank or member FDIC.” And he said, ”Bankers can of course afford to not be at work today (Columbus Day). Whalebone is open daily, including all imperial holidays.” I like his style.
Since then, Ethan hasn’t heard back from regulators. He said, “If there’s still an issue of compliance, they haven’t been in communication about it.” And the sociocrats have gone quiet. Their spokesman, Novak declined comment after Ethan changed the rhetoric.
Ethan got started after a bad experience with a big bank that charged him $1,600 in fees for an overdraft of $200. That’s the free market at work. See a problem, do it better. Bravo!
Find out where you can see Silver Circle by checking our theater and special screening schedule on our event page.

Being my own central bank

Published on 12 Apr 2013
Answer these questions in a video response:

Why do stack?
Why do you be your own central bank
why you think its a good idea to be your own central bank?


Channel Update | Silver Comments | Bitcoin Clarifications

Published on 14 Apr 2013
Just some channel news, silver commentary and bit coin clarifications.

dofair .

Should you invest in Gold or Silver? I believe in silver over gold and I will show you why

Published on 11 Apr 2013
I think gold is way to high. For the average person investing in gold your going to what I call Grams VS Ounces Gold is so HIGH Grams are what most people can afford to buy but with those grams of gold you can buy ounces of Silver. So you can grow a bigger investment with less loss when you buy silver.
Greg Hunter

Eric Sprott: 

Price of Gold and Silver are Being Suppressed & No Gold in the Treasury

Greg Hunter

Published on 17 Feb 2013
http://usawatchdog.com/financial-syst... - Money manager Eric Sprott contends, "Physical demand for gold is out of line with supply. How can all these new people come into this market when there has been no increase in supply . . . for the last 12 years?" Sprott's analysis shows central banks are selling to make up for the shortfall and opines, "I would hate to think what happens when we all find out there is no gold in the Treasury." Join Greg Hunter as he goes One-on-One with Eric Sprott of Sprott Asset Management.

Gold & Silver 2013 - Consolidation Over?

Published on 9 Apr 2013
For more information about Gold & Silver or Mike Maloney, visit the Why Gold & Silver channel and subscribe: http://goo.gl/emXEB

Join GoldSilver.com & Mike Maloney on other social networks:

Blog: http://goldsilver.com/
Facebook: https://www.facebook.com/pages/Goldsi...
Twitter (GoldSilver): https://twitter.com/Gold_Silver
Twitter (Mike Maloney): https://twitter.com/mike_maloney
LinkedIn: http://www.linkedin.com/company/golds...

Trillion Dollar Conspiracy #JimMarrs



"Trillion Dollar Conspiracy: Jim Marrs Documentary - According to Jim Marrs, America has become a zombie nation, going "through the motions in commerce, politics, health and education, but without a spark of life, verve, or enthusiasm." For this he posits an enormous "money cult" conspiracy involving New World Order culprits like the Trilateral Commission, John D. Rockefeller, the Illuminati, Bertelsmann, and the TSA."

He levels accusations at our current "Marxist socialist," "possibly" fascist government, and quotes from countless sources, both mainstream and not. In Marrs's view, the economic collapse was an orchestrated effort to heap debt upon Americans and keep them in a zombie-like state. Believing that Orwell's "1984 vision of psychological and electronic tyranny is almost upon us," Marrs proposes remedies such as reciting the Pledge of Allegiance in schools and Congress, reviewing NAFTA and the WTO for Constitutional violations, rescinding hate crime laws, and legalizing marijuana.

Published on Feb 24, 2013

Returning often to the founding fathers, and dipping into a deep history that includes 11th-century China and the time of Christ, Marrs's vast accumulation is equal parts alternate history and boilerplate conspiracy polemic."

U.S. Dollar to Become Next Japanese Yen?

Published on 12 Apr 2013
Reality Check - The Fiat Dollar is the real reason for high gas prices
_U.S. Dollar to Become Next Japanese Yen?

The Gold Bull Market is Dead -- Long Live the Bull Market

Published on 13 Apr 2013
Why the recent sell-off in gold and silver defies the fundamentals, ignores the facts, is predicated on a myth, and has succeeded in creating the necessary level of scepticism and fear to finally propel precious metals to new record highs.

The Schiff Report (4/13/13)
Listen to the Peter Schiff Show
Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com
Follow me on http://www.twitter.com/PeterSchiff

Gold & Silver Chart Analysis Week Ending 2013.04.12

Published on 13 Apr 2013
Directory for chart images used:

Mike Maloney: Today's Low Gold & Silver Prices Are Not Realistic

The good news is that they can't last much longer

During this very tumultuous week for precious metals prices, Chris sat down with Mike Maloney, founder and owner of GoldSilver.com, one of the world's largest bullion dealers.
Mike is a true scholar of monetary history. His reasons for getting into the bullion business have their roots in a very predictable cycle that has happened time and again over the centuries (more accurately millennia):
  1. A new monetary system is introduced, based on sound money (most commonly, using gold and/or silver)
  2. Currency (e.g., paper bills backed by sound money) is introduced to faciliate trade and commerce
  3. Governments begin to tinker with ways to 'print' more currency than can be fully backed (e.g., coin clipping, partially-backed notes, FRNs)
  4. A false prosperity ensues. Those closest to the new money creation benefit most and debase the currency further to forward their advantage.
  5. Reality begins to catch up with this deficit spending and the purchasing power of the currency weakens dramatically.
  6. The monetary system collapses under too many claims on a limited pool of sound money.
  7. Eventually, a new monetary system backed by sound money rises from the ashes (see Step 1, above).
Mike believes that we are currently experiencing Step 6 and that we will witness the birth of a new monetary regime within the next ten years.
What makes this moment in history unique is that all past monetary regime collapses have happened regionally. This is the first time in human history in which all the world's major currencies are collapsing together. Which is why he is so passionate about owning gold and silver.
In his opinion, we will soon witness the greatest transfer of wealth ever seen, as countries worldwide realize they need to revert to monetary systems backed by sound money (i.e., the precious metals). Those acquiring gold and silver beforehand will not only preserve their wealth as existing fiat currencies are extinguished, but will see staggering increases in their purchasing power. Those interested in learning more of Mike's specific vision can watch Episode One of his new Hidden Secrets of Money video series. (Chris and I received advance screenings of the next few episodes, which are excellent in terms of explaining the processes and shortcomings of our current monetary system.)

On the Tightening Physical Market for Gold & Silver

What most people do not understand is that the price of gold and silver are not determined by how much gold and silver is being sold. It is how many gold and silver IOUs are being sold. And you can write as many IOUs, futures contracts and options, as you want. Those are unlimited. The supply, though, of physical gold and silver is quite limited, and so when people actually start asking for it and they want the physical, then there is a divergence of the paper price versus the physical price, and we are seeing that right now.
We are in a back-order situation with all of the suppliers. Spreads are going up. Silver eagles cost about fifty cents over spot more than they normally cost because all of the suppliers have had to raise their price to try and find the supply/demand equilibrium that the markets are for. The markets are there to try and find a supply/demand equilibrium, so then price is the arbitrator. Price rises; that draws more supply and reduces demand. Price falls; that reduces supply and increases demand.
So the price discovery mechanism of the markets is what is supposed to ensure that things are in equilibrium. We have this broken system where there are a few big players that manipulate the market, and it always shows up when shortages start developing in the physical market. You know that the price of gold and silver right now are too low to be realistic. And the good thing about that is that it cannot last.

On the Hidden Wealth Transfer Caused by Inflation Targeting

Everybody got in an uproar over [the Cyprus bank deposit haircuts], but nobody gets in an uproar over the central banks targeting 3% inflation. That compounds out to 34% of your wealth that they are confiscating every decade. People got mad because it happened all at once and they could see it. One day their bank account said one thing; the next day it said another thing. With this insidious confiscation known as inflation, this is the inflation tax – you do not see it because the number on your bank account might say that you could make a deposit and if there are no fees or anything on that deposit, $100,000 deposit a decade ago still stays $100,000. Except gasoline went from $1.25 to near $5.  Measured in gasoline, you lost 75% of that $100,000, but it still says $100,000.
So the central banks targeting this 3% inflation rate is a wealth transfer from the public to the financial sector.

On the Recent Price Weakness in the Precious Metals

You do not want to stay in just one investment class your whole lifetime. But it is a very powerful tool to be able to measure these classes against each other and then jump from an over-valued asset class to an under-valued asset class at the appropriate time for the road to true wealth. And it only requires a few big decisions during your lifetime.
Now, when I discovered wealth cycles, I was looking at the Dow Gold ratio and thinking this thing has a cycle. I made another check of the Gold Dow ratio instead the Dow Gold ratio, and put them on top of each other. Lo and behold – there is a cycle. It has a positive side and a negative side. If you are doing a Dow Gold ratio, you jump from being invested in paper assets like stocks and then back to gold for the long investment waves. I would say it is somewhere between 8 and 20 years you spend in an asset class, and you can do this with anything. If you measure your house in how many barrels of oil it is worth over a century and you jump back and forth from being invested in oil wells to being invested in real estate, it is the same thing as being invested in gold or the Dow. It is a very powerful tool that I believe has a high degree of predictability and safety to it, if you do not let the short-term noise flush you out.
Right now we are in consolidation. Gold has been chopping sideways for 19 months now, and it has worn people out. But basically gold is up. It is not up from 19 months ago when it was nearing $2,000, but it sure is up over the last decade. So I do not let the short-term noise affect me now that I know that we have not reached the point where the price of gold equals the points on the Dow. Right now gold’s value is one-ninth of the Dow, and so I know that it needs to rise by a factor of 18 against stocks before I need to get worried and start watching gold.
So I am very comfortable in these pullbacks. It gets a little aggravating, but still it does not bother me that much and is definitely not going to flush me out.

News Blues & Metal Moves

Published on 14 Apr 2013
Australia Dumps US$

CEO of Italy's Largest Bank Calls for Deposit Confiscation

The Secret FDIC Rule That Puts Your Savings At Risk.

DHS Says They Can Seize Your Gold, Silver, And Guns If They Feel Like It

Cost of Cyprus bailout 'rises to 23bn euros'

Friday, 12 April 2013


Breakable, Barterable Bullion: The Gold Bar You Can Carry In Your Wallet And Use As Money

Published on 12 Apr 2013
Peter Schiff on Fox Business (4/11/13)
Listen to the Peter Schiff Show
Weekdays 10am to noon ET on http://www.SchiffRadio.com
Buy my newest book at http://www.tinyurl.com/RealCrash
Friend me on http://www.Facebook.com
Follow me on http://www.twitter.com/PeterSchiff

Deflation vs Inflation with Harry Dent Interview with FutureMoneyTrends.com

Published on 12 Apr 2013



Interview with Dale from Washington on Silver debit card, how to use silver as money.

Published on 12 Apr 2013
To open silver debit account please contact pmb-v at hotmaill dot com

Sell off in paper silver, silver demand and availability, coin shop update.

Published on 12 Apr 2013
For quotes on 999 silver coins please e-mail c77anada at hotmail dot com
http://www.youtube.com/watch?v=bj33bW... Breakable, Barterable Bullion: The Gold Bar You Can Carry In Your SchiffReport

Gregory Mannarino

Paper Gold & Silver Got CRUSHED! This Is What You NEED TO KNOW.

By Gregory Mannarino


Published on 12 Apr 2013
*FREE eBook link: http://www.lulu.com/spotlight/thegame...
*Link to my website: http://traderschoice.net
*Link to Greg Hunter video: http://www.youtube.com/watch?v=qVXx3F...


ECB & Draghi's Cyprus Comments to Blame for Gold Sell-Off ▸ RESET

Published on 12 Apr 2013
Who's to blame for Friday's huge gold sell-off? Well, the European Central Bank President Mario Draghi of course! According to Vince Lanci, Draghi directed comments at Cyprus during a press conference earlier today, and his message was quite clear: sell your gold, or you won't see any of that bailout/ rescue money. We navigate through today's chaotic price movements and take a look at where gold may possibly go from here, all on this edition of "RESET" w/ Vince Lanci (FMX Connect/ Cameron Hanover). Kitco News, April 12, 2013.

Ira Epstein

April 12, 2013 End Of The Day Metals Report

Published on 12 Apr 2013
Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales: 866-973-2077

Monday, 8 April 2013


Goldman Big Shots 'Too Big to Jail'

Published on 8 Apr 2013
Despite the flurry of high profile SEC cases, Wall Street's biggest hitters remain untouchable, Jonathan Macey, author of The Death of Corporate Reputation, tells Gregg Greenberg.

Sunday, 7 April 2013

David Morgan & Max Keiser talk SILVER & Crime-Generated Cash

silver investor.com 

Published on 5 Apr 2013

Supply & Demand Basics


Published on 6 Apr 2013

Zeitgiest Federal Reserve - 25minute video. For 40 minute watch the Part 1 from NullClothing

Money As Debt

Parts 2 & 3 are available as well for Money as Debt if interested

The American Dream (Cartoon, easy to understand)

Creature from jekyll Island audio book author Edward Griffen tells a story

if interested in reading jekyll island, search for the book with PDF in your search and you should find the free ebook for download/print.

jsnip4REALIST NEWS - ALERT Fake Silver Eagles Being Sold On Ebay

Published on 6 Apr 2013

http://www.jmbullion.com (Recommended for Silver and Gold Purchases. I use them now.)
http://www.freespeak.net (Our new social media website, similar to Facebook.)

Wednesday, 3 April 2013

The US Coinage Act From the Archives 
Originally published February 15th, 2010 1783 words - 
Reading time : 4 - 7 minutes 
 April 2, 1792 :
The 1792 Coinage Act had an interesting provision under Section 19. 

SEC. 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offences, shall be deemed guilty of felony, and shall suffer death. 
____________ FULL TEXT OF THE ACT ____________ 
Excerpts from the Coinage Act of 1792
Act of 2 April 1792, 1 Statutes at Large 246 CHAPTER XVI. – An Act establishing a Mint, and regulating the Coins of the United States. 
SECTION 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, and it is hereby enacted and declared, That a mint for the purpose of a national coinage be, and the same is established , to be situate and carried on at the seat of the government of the United States, for the time being; and that for the well conducting of the business of the said mint, there shall be the following officers and persons, namely, –a Director, an Assayer, a Chief Coiner, an Engarver, a Treasurer. 

 * * * * * 

SECTION. 9. And be it further enacted, That there shall be from time to time struck and coined at the said mint, coins of gold, silver, and copper, of the following denominations, values and descriptions, viz., 
EAGLES – each to be of the value of ten dollars or units, and to contain two hundred and forty-seven grains and four eights of a grain of pure, or two hundred and seventy grains of standard gold. 
HALF EAGLES – each to be of the value of five dollars, and to contain one hundred and twenty-three grains and six eights of a grain of pure, or one hundred and thirty five grains of standard gold. 
QUARTER EAGLES – each of be of the value of two dollars and a half dollar, and to contain sixty-one grains and seven eights of a grain of pure, or sixtyseven grains and four eights of a grain of standard gold. 
DOLLARS or UNITS – each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver. 
HALF DOLLARS – each to be of half the value of the dollar or unit, and to contain one hundred and eighty-five grains and ten sixteenth parts of a grain of pure, or two hundred and eight grains of standard silver. 
QUARTER DOLLAR – each to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain of pure, or one hundred and four grains of standard silver. 
 DISMES – each to be of the value of one tenth of a dollar or unit, and to contain thirty-seven grains and two sixteenth parts of a grain of pure, or forty-one grains and two sixteenth parts of a grain of standard silver. 
HALF DISMES – each to be of the value of one twentieth of a dollar, and to contain eighteen grains and nine sixteenth parts of a grain of pure, or twenty grains and four fifth parts of a grain of standard silver. CENTS each to be of the value of the one hundredth part of a dollar, and to contain eleven penny-weights of copper. 
HALF CENTS – each to be of the value of half a cent, and to contain five penny-weights and a half penny-weight of copper. 
SECTION 10. And be it further enacted, That, upon the said coins respectively, there shall be the following devices and legends, namely: Upon one side of each of the said coins there shall be an impression emblematic of liberty, with an inscription of the word Liberty, and the year of the coinage; and upon the reverse of each of the gold and silver coins there shall be the figure or representation of an eagle, with this inscription, “UNITED STATES OF AMERICA” and upon the reverse of each of the copper coins, there shall be an inscription which shall express the denomination of the piece, namely, cent of half cent, as the case may require. 
SECTION 11. And be it further enacted, That the proportional value of gold to silver in all coins which shall by law be current as money within the United States, shall be as fifteen to one, according to quantity in weight, of pure gold or pure silver; that is to say, every fifteen pounds weight of pure silver shall be of equal value in all payments, with one pound weight of pure gold, and so in proportion as to any greater or less quantities of the respective metals. 
SECTION 12. And be it further enacted, That the standard for all gold coins of the United States shall be eleven parts fine to one part alloy; and accordingly that eleven parts in twelve of the entire weight of each of the said coins shall consist of pure gold, and the remaining one twelfth part of alloy; and the said alloy shall be composed of silver and copper, in such proportions not exceeding one half silver as shall be found convenient; to be regulated by the director of the mint, for the time being, with the approbation of the President of the United States, until further provision shall be made by law. 
SECTION 13. And be it further enacted, That the standard for all silver coins of the United States, shall be one thousand four hundred and eighty-five parts fine to one hundred and seventy-nine parts alloy; and accordingly that one thousand four hundred and eighty-five parts in one thousand six hundred and sixty-four parts of the entire weight of each of the said coins shall consist of pure silver, and the remaining one hundred and seventy- nine parts of alloy; which alloy shall be wholly of copper. 
SECTION 14. And be it further enacted, That it shall be lawful for any person or persons to bring to the said mint gold and silver bullion, in order to their being coined; and that the bullion so brought shall be there assayed and coined as speedily as may be after the receipt thereof, and that free of expense to the person or persons by whom the same shall have been brought. And as soon as the said bullion shall have been coined, the person or persons by whom the same shall have been delivered, shall upon demand receive in lieu thereof coins of the same species of bullion which shall have been delivered, weight for weight, of the pure gold or pure silver therein contained: Provided nevertheless, That it shall be at the mutual option of the party or parties bringing such bullion, and of the director of the said mint, to make an immediate exchange of coins for standard bullion, with a deduction of one half per cent, from the weight of the pure gold, or pure silver contained in the said bullion, as an indemnification to the mint for the time which will necessarily be required for coining the said bullion, and for the advance which shall have been so made in coins. 

* * * * * 

SECTION 16. And be it further enacted, That all the gold and silver coins which shall have been struck at, and issued from the said mint, shall be a lawful tender in all payments whatsoever, those of full weight according to the respective values herein before described, and those of less than full weight at values proportional to their respective weights. 
SECTION 17. And be it further enacted, That it shall be the duty of the respective officers of the said mint, carefully and faithfully to use their best endeavours that all the gold and silver coins which shall be struck at the said mint shall be, as nearly as may be, conformable to the several standards and weights aforesaid. 
SECTION 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, * * * every such officer or person who shall be guilty of any * * * of the said offenses, shall be deemed guilty of felony, and shall suffer death. 
SECTION 20. And be it further enacted, That the money of account of the United States shall be expressed in dollars or units, dismes or tenths, cents or hundredths, and milles or thousandths, a disme being the tenth part of a dollar, a cent the hundredth part of a dollar, a mille the thousandth part of a dollar, and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. 
APPROVED, April 2, 1792. 
Trace Mayer RuntoGold.com 

Trace Mayer, J.D., holds a degree in Accounting from Brigham Young University, a law degree from California Western School of Law and studies the Austrian school of economics. He works as an entrepreneur, investor, journalist and monetary scientist. He is a strong advocate of the freedom of speech, a member of the Society of Professional Journalists and the San Diego County Bar Association. He has appeared on ABC, NBC, BNN, many radio shows and presented at many investment conferences throughout the world.

BrotherJohnFSilver Update 4/2/13 Fake Market

Published on 2 Apr 2013
Software Provided With Permission By Netdania.com http://www.netdania.com/Products/live...
Apmex90% Silver (Generic Bags) http://www.apmex.com/Category/17/90_S...
Gainesville Coins 90% Silver Coins - $1000 in Face Value http://www.gainesvillecoins.com/categ...
Provident Metals 90% U.S. Mint Junk Silver
Tulving tulving.com/goldbull.html

This video is for purposes of criticism, comment, news reporting, teaching, scholarship, and research. All video and audio content is my own creation and is protected by Creative Commons Attribution-NoDerivs 3.0 Unported License. All other images and articles shown in this video are for purposes of "fair use" under Section 107 of the Copyright Act 1976. Netdania screenshots provided per Netdania permission based upon verbal attribution per Izabela Mindak at Netdania.com. Thumbnail images come from free use archive at Wikimedia Commons. The information within this video is for educational purposes only and should not be considered financial advice.

Silver's Coming of Age
Published : April 03rd, 2013
710 words - Reading time : 1 - 2 minutes

Source: http://www.24hgold.com/english/contributor.aspx?rss=true&article=4311653152G10020&redirect=false&contributor=Richard+Mills

Silver is winning market share from gold buyers.
2008 - In March 2008, sales increased nine times over the month before - 200,000 to 1,855,000.
In April 2008, the United States Mint had to start an allocation program, effectively rationing Silver Eagle bullion coins to authorized dealers on a weekly basis due to "unprecedented demand."
On June 6, 2008, the Mint announced that all incoming silver planchets were being used to produce only bullion issues of the Silver Eagle and not proof or uncirculated collectible issues.
The 2008 Proof Silver Eagle became unavailable for purchase from the United States Mint in August 2008. The US Mint suspended sales of the silver bullion coins to its network of authorized purchasers twice during the year.
20,583,000 Bullion American Silver Eagles were sold in 2008. Silver averaged $14.99 an ounce and almost 80 percent more American Silver Eagles were sold then in any previous year.
“During 2008 there was a record inflow of over 93.1 million ounces (Moz) into the three main silver ETFs.Coins and medals fabrication jumped by an astonishing 63% to a record of 64.9 Moz. The main reason for this was a surge in investment-related purchases of bullion coins, both in the United States and Europe. Notably, fabrication of the U.S. Silver Eagle bullion coin achieved a record 19.6 Moz, approximately double the 2007 figure, and would have been higher if the U.S. Mint had sufficient blanks to produce coins to meet demand.” silverinstitute.org
2009 - 30,459,000 Bullion American Silver Eagles were sold.
On March 5, 2009, the United States Mint announced that the proof and uncirculated versions of the Silver Eagle coin for that year were temporarily suspended due to continuing high demand for the bullion version.
On October 6, 2009, the Mint announced that the collectible versions of the Silver Eagle coin would not be produced for 2009.
The sale of 2009 Silver Eagle bullion coins was suspended from November 24 to December 6 and the allocation program was re-instituted on December 7.
Total ETF holdings rose by 132.5 Moz and ended the year at 397.8 Moz. Coins and medals fabrication rose 21 percent to post a new record of 78.7 Moz.
Silver Eagle bullion coins sold out on January 12, 2010.
The average cost of an ounce of silver in 2009 was $14.67
2010 - No proof Silver Eagles were released through the first ten months of the year, and there was a complete cancellation of the uncirculated Silver Eagles.
Production of the 2010 Silver Eagle bullion coins began in January instead of December as usual. The coins were distributed to authorized dealers under an allocation program until September 3.
Silver posted an average price of $20.19 in 2010. World investment rose by an 40 percent in 2010 to 279.3 million troy ounces (Moz).
“Exchange traded funds (ETFs) registered another sterling performance in 2010, with global ETF holdings reaching an impressive 582.6 Moz, representing an increase of 114.9 Moz over the total in 2009. A significant boost in retail silver investment demand paved the way for higher investment in both physical bullion bars and in coins and medals in 2010. Physical bullion bars accounted for 55.6 Moz of the world investment in 2010. Coins and medals fabrication rose by 28% to post a new record of 101.3 Moz. In the United States, over 34.6 million U.S. Silver Eagle coins were minted, smashing the previous record set in 2009 at almost 29 million.” silverinstitute.org
2011 - Silver posted an annual average price of $35.12 in 2011, more than double the $14.67 average price for 2009.
Global investment in silver bars and coins & medals produced yet another historic high of 282.2 million ounces - the equivalent of $10 billion, itself a record high.
Physical silver bar investment grew by 67 percent in 2011 to 95.7 million ounces, global coins & medals fabrication rose by roughly 19 percent to an all-time high of 118.2 million ounces.
The US imported 6,600,000 oz of silver for consumption in 2011 – up from 2007’s imports of 4,830,000 oz.
In 2011 the US Mint sold 40,020,000 Bullion American Silver Eagle Coins.

As a general rule, the most successful man in life is the man who has the best information