Andy Hoffman - Silver Skyrocketing As Cartel is Breaking Up

Gold Has 6,000 Years of History Backing It

"Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history."

Gary North

Michael Pento - Market Losing Faith In Value Of The Dollar

Money manager Michael says inflation has nowhere to go but up. Pento explains, “We have printed enough for this to go hyperbolic. We have plenty of excess reserves. We have already hit our core (Fed) inflation target. We are already up 2.2% year over year. If you want to be honest, we already have the condition much like the 1970’s of stagflation. . . . The Federal Reserve promised us we were on the road to recovery. They said we would be growing at 3% and we are growing at 0%. They said they could raise interest rates and normalize the Fed Funds Rate, and they can’t do it. The dollar index went up to 100 on the belief that this was going to be the case, and it is absolutely not true. That’s how the market is losing faith in the value of the dollar. We are in a condition of stagflation, make no mistake about it.”

Are we also in a recession too? Pento says, “They can do this indefinitely until inflation becomes intractable. In the United States, we are running up on 90 months of 0% interest rates, and what do we have for that? Fourth quarter GDP was 1.4%, and that was bad enough, but first quarter has a zero handle. It was 0.5%. That’s what we get for blowing up the Fed’s balance sheet to $4.5 trillion? That’s what we get for manipulating bond yields down to 0% for 90 months? We are virtually in a recession. If we are not in a recession, we are in a flat line or dead line economy, and it’s zero.

- Source, USA Watchdog

Dollar Selling Panic Coming - John Williams

Economist John Williams says it is not a matter of if, but when, there is panic dollar selling. Williams says the Fed would try to slow it down. Williams explains, “The Federal Reserve would step in and slow the pace to make it not appear like a panic. If you start to see a panic selloff (in the dollar), that’s a real bad sign. It means they are losing control of the system, and I think that is coming. The initial effect on the system for people living in the United States, as the dollar crashes, you will see inflation beginning to surge, particularly from oil and gasoline prices. Those effects will begin to spread in the system. It will change the way people look at things and will start the process that will eventually be a hyperinflation. The Fed does not have a way out of this circumstance. They have backed themselves into a corner. They have been keeping things reasonably stable, but they can’t get things going in the economy. . . . The economy is in terrible shape.”

Williams also says, “The dollar will blow up, and when I say blow up, it will collapse. There will be panic selling of the dollar, and that will intensify the inflation. The problem is they don’t have a way of avoiding it. If they could somehow get the economy back on track, they would have some room to work, I think, but the economy has never recovered.

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Gold is Your Protector

"Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights."

Alan Greenspan

Without Price Suppression Gold Would Be $5,000 To $10,000

If criminal bankers would not have conspired to suppress gold for the last several years, what would the price be today? Gold expert Bill Holter says, “You couldn’t have $5,000 or $10,000 gold and 0% interest rates. I think there would have been a panic into metals (gold and silver) by now because the price suppression has been used to hit people’s emotions. It’s been used to hurt their psyche. I think if they had not dumped all this paper to suppress the price, the pot would have already boiled, and there would have been a run on the banks and a run into the metals.”

So, if the banks would not have criminally suppressed the price of gold, we would already have a gold price that would be thousands of dollars higher than today. Holter says, “Yes, absolutely. Gold is real money that cannot default. That is what this is all about. When the whole system defaults, what’s going to be left standing? Gold and silver, real money. They are no one else’s liability.”

- Source, USA Watchdog

Currencies Around The World Race To ZERO -- Jeff Nielson

Mario Draghi pledged to destroy the Euro last week with Bazooka money, Japan continues to debase the Yen, Venezuela has hit outright hyperinflationary status, and currencies around the world are in an unprecedented suicidal race to zero - while the blasphemous Banksters in the City of London lick their chops on Threadneedle Street, as their plans to kill cash entirely are well underway. In an environment such as this, there remains only one good question: Got PHYSICAL gold and silver?

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Nick Santiago - Will Gold Go Parabolic?

Nick Santiago has been an astute market observer and trader for many years. Now he's guardedly optimistic about precious metals. He'd like to see gold trade sideways for a while, which he believes will set up the next advance. He's thinking that $1400 by the year's end isn't unrealistic. But either way, Nick will be trading a downward trending stock market and he doesn't see much good in the offing for oil either.

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Michael Pento - Global Currency Depreciation Derby - Gold Big Winner

Financial expert Michael Pento warns, “One thing you cannot fake, you cannot fake the amount of revenue that comes into the government’s coffers. That’s what’s available to service debt. That you cannot fake. When that amount of income diminishes, you are left with currency monetization--debt monetization. This is printing of your currency, counterfeiting your currency and buying debt. That’s where we are headed. That’s what happened in Georgia, Zimbabwe, Weimar Germany, Hungary, and it’s going to happen again. It’s not going to happen in some isolated banana republic or a small part of the developed world. It’s going to happen across the developed world. All of the major economies are going to fall into the same trap. It’s going to be a currency depreciation derby, and gold is going to be the big winner.”

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The Inevitable Run on Gold

"When paper money systems begin to crack at the seams, the run to gold could be explosive."

- Harry Browne, Libertarian Party Presidential candidate 1996 & 2000

Jeff Deist And Jay Taylor - Banks Are Dangerous

Central banks — and central bankers — are in uncharted waters. They don't know how to create economic growth, they don't know how to fight the great bogeyman of deflation, and they don't know how — or if — they'll ever be able to return to a time of "normal" monetary policy. Their pretense of knowledge, of being able to effectively control currencies used by billions of people, is coming to an end.

But it's not just an academic issue — all of us are affected by the possibility of negative interest rates, prohibitions on cash, and bank bail-ins. Will you be able to get cash out of your bank or money market account if the economy suffers another crash like 2008? Will governments force us into cashless, digital-only payment systems, tracking our every purchase and creating black markets in the process? Will you have to pay your bank, in the form of negative interest rates, for the privilege of holding your money? And will your deposits take a haircut if your bank suffers losses from its bad loans?

Jeff joins Jay Taylor on his radio show to discuss how both central banks and commercial banks are poised to change your life in some very unpleasant ways.

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$20 Oil, $100 Silver & 10,000 Dow Jones - Steve St. Angelo

New Energy Source is the Oil of the 21st Century.

Bill Murphy - Manipulation in the gold market?

The "gold cartel" has been suppressing gold prices because it is a barometer of economic health, says Gold Anti-Trust Action Committee's Bill Murphy.

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Eric Sprott - Silver Is The Dark Horse

Hyperinflation Will Lead to War

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."

- Ernest Hemingway