Wednesday, December 8, 2021

Bob Moriarty: Who, What and Here’s Why – Maurice Jackson

by Maurice Jackson, Sprott Money:
Bob Moriarty, the founder of 321gold and 321energy, sits down with Maurice Jackson of Proven and Probable to share his thoughts on politics, geopolitics, junior mining companies and precious metals. Bob is legendary in the industry for sharing his no nonsense approach and acumen for identifying deep value propositions overlooked by the speculators. Highlights: Geopolitics, Global Debt, Gold, Silver, Platinum, Palladium, Rhodium, and 3 Exclusive Issuers that have Bob’s attention.

WAR DRUMS BEAT LOUDER AGAINST NORTH KOREA

EU PARLIAMENT SUSPENDS ACCESSION TALKS WITH TURKEY/MONTE DE PASCHI BAILED OUT AGAIN WITH A 5 BILLION EURO INFUSION
from Harvey Organ:

EARTHQUAKE AT 5.8 IN MONTANA UNDER THE YELLOWSTONE NATIONAL PARK WHICH CONTAINS THE SUPERVOLCANO UNDERGROUND

In silver, the total open interest SURPRISINGLY ROSE BY A HUGE 3,920 contract(s) UP to 207,461 DESPITE THE DRUBBING IN PRICE THAT SILVER TOOK WITH YESTERDAY’S ATTEMPTED RAID (DOWN 18 CENT(S) ON TOP OF THE CONSTANT TORMENT THESE PAST FEW WEEKS.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.037 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 369 NOTICE(S) FOR 1,845,000 OZ OF SILVER

In gold, the total comex gold SURPRISINGLY ROSE BY A HUGE 5.656 CONTRACTS DESPITE THE TINY RISE IN THE PRICE OF GOLD ($2.40 with YESTERDAY’S TRADING). The total gold OI stands at 462,857 contracts.

we had 19 notice(s) filed upon for 1900 oz of gold.

Read More @ Harveyorganblog.com

Audioblog #200 – America’s Monetary Fate, Reduced to “Idiosyncrasies”

by Andrew Hoffman, Miles Franklin:
For 27 years the staff at Miles Franklin has delivered excellence in many ways – knowledge, relationships, product offers and customer service. They understand the macro/micro economics and geo–political advantages to investing in precious metals to protect your wealth. The team at Miles Franklin build life-long relationships because they custom-tailor solutions for investing in precious metals to meet each individual’s needs and circumstances. Our brokers have or can acquire most any type of precious metal from anywhere in the world. Each and every order is managed and monitored from start to finish. We are licensed, bonded, and carry an A+ BBB rating.

Click HERE to Listen

Financial System of U.S. Rests on Health of Just Five Mega Banks

by Pam Martens and Russ Martens, Wall Street On Parade:
According to the Federal Deposit Insurance Corporation (FDIC), as of March 31, 2017 there were a total of 5,856 banks in the U.S. operating under its Federal deposit insurance umbrella. But according to government financial researchers, five of those banks pose an ongoing material threat to the U.S. financial system. Not surprisingly, those five banks hold insured deposits for savers while simultaneously engaging in highly leveraged, high risk trading on Wall Street.

On June 27, Janet Yellen, the Chair of the U.S. Federal Reserve (the nation’s central bank) spoke at an event at the British Academy in London.

Precious Metals Are “Best Defence” Against Bail-ins In Economic Crisis

by Mark O’Byrne, Gold Core:
The risks posed to investors and savers from the coming economic crisis and the threat of bank bail-ins, negative interest rates, ‘helicopter money,’ capital controls and the “cashless society” has been looked at in an excellent and timely article by economist John Adams, writing in the Daily Telegraph.

While the article is focused on how these risks threaten Australia and Australian investors and savers, the risks outlined are ones which threaten even those with modest amounts of wealth and all exposed to the western financial system.

Preserving Sanctity In Dark Times

from Jesse’s Café Américain:
“Somebody, after all, had to make a start.”

Sophie Scholl

I hope to update the charts on Thursday, Friday at the latest. For now, here is some other knowledge.

Some say that most of the time everyone wants to be great, because they have a natural desire for acceptance, recognition, and praise. Perhaps this is so. And alas, some wish to be great in order to set themselves apart from the rest of humanity with which they not only feel no kinship, but despise.

Andrew Hoffman – Everything is Fine, Nothing Can Go Wrong, Go Wrong…

by Kerry Lutz, Financial Survival Network:

What’s Happening Wednesdays with Andrew Hoffman:

Historic PM investment opportunity, following Monday’s “pre-Independence Day attack” Cartel raid
Economic Stagnation – CarMaggedon, Construction Spending Etc. – and now, rising interest rates care of a lunatic Fed!
Monetary Destruction – see Illinois, New Jersey, South Africa, etc.
G20 tensions – China, Germany
Geopolitical tensions – North Korea, Syria, Qatar
Etc., etc.

Click HERE to Listen

Keiser Report: Anarchy Currencies (E1093)

from RT:

Max and Stacy are in Mexico City, where they ask whether American childhood has taken an authoritarian turn, as posited by The American Conservative magazine. Max also interviews Jeff Berwick of DollarVigilante.com about crypto currencies, anarcho-capitalism and the Mexican business environment.

The Reason Why Gold & Silver Have Frustrated Investors Since 2011

by Steve St. Angelo, SRSRocco Report:
The biggest frustration to many precious metals investors, is why have the gold and silver prices under-performed the market since 2011? Actually, for gold it was since 2012. Even though gold hit a new record high of $1,900 in September 2011, its average annual price was higher in 2012 at $1,669 compared to $1,571 the prior year.

Regardless, the precious metals analysts back in 2012 were forecasting the market was going to experience even higher gold and silver prices, especially after the Fed announced QE 3 at the end of 2012. However, the precious metals community was taken by surprise as the gold and silver prices were hammered at the end of 2012 and into the beginning of 2013:

Enter The NatGas Cartel – Jim Willie

by Jim Willie, Gold Seek:
The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place. It has called for crude oil sales led by the Saudis and OPEC to be transacted in USDollar terms, for oil surpluses to be stored in USTreasury Bonds, and for some kickbacks from the Saudis to the USMilitary complex for weapons purchases. Of course, the US is ready willing and able to create strife and to foment wars whereby the Arab oil monarchs will need more weapons. Since 2014, many events have pointed to the crippled condition of the important link between the USDollar and crude oil. The price has plunged by 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of more, and not recovered. It is currently lurching in the nether bounds near the $45 level. Anything less than $65 to $70 per barrel is very dangerous for keeping the oil sovereigns afloat and for keeping the US energy sector solvent. Witness the Wall Street banks having tremendous problems with impaired bonds and toxic energy portfolios. They seem not resolvable. They cannot keep the oil price over $50, a sign of their impotence.