David Morgan explains the manipulation of the precious metals market

The 2 million ounces dump on the CME is a great example of gold manipulation.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

October FOMC Expectations: No Tapering QE Until March! Government Shutdown Slowed Growth

 A survey revealed that economists believe the Fed will not taper QE in October and instead start to taper in March. I wonder what they'll be saying in March!! The effect on gold and silver should be quite interesting.

The Federal Reserve will delay the first reduction in its bond purchases until March after the government shutdown slowed fourth-quarter growth and interrupted the flow of data, economists said. Policy makers will pare the monthly pace of asset buying to $70 billion from $85 billion at their March 18-19 meeting, according to the median of 40 responses in a Bloomberg News survey of economists. The 16-day budget impasse in Washington reduced growth by 0.3 percentage point this quarter, economists said in the survey.

Forecasters, surprised when the Fed opted against tapering at its Sept. 17-18 meeting, pushed out their expectations after the shutdown furloughed as many as 800,000 federal workers. The closing also disrupted collection and publication of economic reports the Fed says it needs to determine whether the expansion is strong enough to handle less monetary stimulus. "It's going to be harder to extract the signal from the data, and the Fed's policies are tied to the data," said Laura Rosner, a U.S. economist at BNP Paribas SA in New York and a former researcher at the Federal Reserve Bank of New York who expects the first tapering in March. "They're waiting for more confirmation the economy is moving in the direction of their outlook, and if we don't have data or it's inconclusive, then the Fed isn't going to feel confident enough in the outlook."
The U.S. central bank will reduce monthly purchases to a $25 billion pace by July and end the program at the October 2014 meeting, according to the survey conducted this week. Chairman Ben S. Bernanke's second term ends Jan. 31, and President Barack Obama has nominated Vice Chairman Janet Yellen to succeed him.

Growth remained "modest to moderate" as consumer spending maintained gains and business investment grew, the Fed said. Employment growth "remained modest" in September, and price and wage pressures "were again limited."
The Fed is pressing on with its third round of quantitative easing begun in September 2012, and officials pledged to continue buying until achieving "substantial improvement" in the labor market. The purchases have swollen the Fed's balance sheet to a record $3.81 trillion.
Americans in October were the most pessimistic about the nation's economic prospects in almost two years, as concern mounted that the political gridlock in Washington would hurt the expansion, according to the Bloomberg Consumer Comfort Index of expectations.
"A lot of the impact really depends on the behavior of consumers during that time," said Drew Matus, an economist at UBS AG in Stamford, Connecticut, and a former markets analyst at the New York Fed, who expects the central bank to begin reducing purchases in January. "The fact that most government workers knew that they were going to get their money is probably one of the reasons if you went golfing in the last couple weeks you probably had trouble getting tee times." Source: Bloomberg.com/news/2013-10-18/fed-qe-tap

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MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

David Morgan - U.S. Government fiscal crisis has eroded economic confidence.

David Morgan, James Flanagan - MoneyandWealth Show October 19, 2013  : David Morgan - U.S. Government fiscal crisis has eroded economic confidence.
James Flanagan - Unique 60 year cycle - predictions.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

The Value of Gold and Silver

Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and silver, we will have a clear answer to the question. In this article, I will decode the three main components of the value of gold and silver: Monetary value, commercial value and cultural value. Then we will know if it is worth to buy gold and silver at the current price and what to buy. This article is for all people no matter whether you own gold and silver or not.

1. Gold and silver have monetary value

The principle to estimate the monetary value of gold and silver is based on the fact that gold and silver are money. Many people account paper currency as money. That is wrong. Paper currency is just a kind of fiat currency. “The average life expectancy for a fiat currency is twenty-seven years” (Chris Mack, president of Trade Placer). Gold and silver are real money and have been used as money for 5,000 years by all countries. You can easily learn the difference between money and currency on the internet. I don’t need to reiterate here. Just remember that a currency loses its purchasing power as the currency issuer, the central bank, prints more currency. But money (such as gold and silver) will never lose its purchasing power though it may fluctuate during some short periods. No one can print one ounce of gold or silver.
http://www.futuresmag.com/2013/09/23/the-value-of-gold-and-silver?t=commodities




MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Gold edges up as U.S. scrambles to resolve budget impasse

* Premiums in India, China rise as demand picks ups

 (Adds trader comments, updates prices)
    By A. Ananthalakshmi
    SINGAPORE, Oct 16 (Reuters) - Gold edged higher on
Wednesday, turning round after falling in early Asian hours, as
U.S. lawmakers scrambled to come up with a bipartisan agreement
to increase the federal debt ceiling before a Thursday deadline.
    Despite some weak safe-haven bids, gold has not priced in a
U.S. default - which could result from failure to raise the
borrowing limit - on expectations that Congress will reach a
deal at the last minute. A default could roil global markets and
hamper economic recovery.
    Democrat and Republican leaders in the U.S. Senate were said
to be close to agreeing on a proposal to raise the debt limit
and reopen the partially shuttered government, with
consideration by the full Senate possibly coming on Wednesday.

 http://www.reuters.com/article/2013/10/16/markets-precious-idUSL3N0I60AG20131016

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Hunt Brothers History Lesson

Hunt Brothers History Lesson


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Mike Maloney Pegasus Silver: Game-Changer

 Mike Maloney's new silver round called "Pegasus" is amazing. The price and the quality should set the industry on notice. Nothing to date out of a private mint equals the quality and price point.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Jeff Nielson ~ We are Gonna See The Price of SILVER With a Zero Behind It' $250, $350, $450

 Jeff Nielson from Bullion Bulls Canada join us for an in-depth precious metals and monetary Ponzi update. We discuss the absurdity of the CFTC declaration that there is no provable manipulation in the silver market, we discuss the near total control of THE ONE BANK which controls nearly 40% of the worldwide economy - and we discuss the accelerating collapse of the Church of Scientology which is an excellent allegory for the near total collapse of confidence in the United States government and the monetary Ponzi scheme known as Wall Street and the Dollar.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

"During The Last Bull Market, A Lot Of People Gave Up At $100 Gold" David Morgan

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Why I Disagree With Eric Sprott's Latest Move

What may be very good for Eric, may not be the best move for you. The Louisanna purchase one ounce of silver bought 45 acres of land. There are about 8 billion acres of arable land and only 1 billion ounces of silver. With no access to credit or capital there will be massive revaluation of debt based assets. The point of this video is that what is good for Eric is not necessarily good for you.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

HYPERINFLATION and SILVER CONFISCATION COMING? - BrotherJohnF & Chris Duane

 IF the SHTF government will simply legislate criminal status to any owner of gold or silver. It will be confiscated at gun point. The government knows the stacker community is so small no one will be outraged at creating criminals out of a million or so people. The press will simply state the stacker hoarders were the main cause of the dollar collapse and jailing and confiscating their gold and silver will allow the economy to recover. if you don't think this won't happen your deluded.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet