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 ( ). 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 - 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
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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)
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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, 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'