Weekend Show – Sat 28 Nov, 2015

The 2015 Silver Summit and Resource Expo

Hour 1:

Click download link to listen on this device: Download Show

Hour 2:

Click download link to listen on this device: Download Show

Hour 1:

Hour 2:

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

Click download link to listen on this device: Download Show

 

 


Featuring:
Al KorelinCory FleckBrent CookAxel MerkDavid MorganRoger White
Avi Gilburt

Comments:
  1. On November 28, 2015 at 1:01 am,
    JIM says:

    CORY,

    Thanks for the Silver Summit interview with First Mining Finance Corp. (FF.V) President Patrick Donnelly. I really like their business model and would appreciate future interviews with them by the KER team.

    All The Best,

    JIM

    • On November 28, 2015 at 5:13 am,
      Excelsior says:

      Agreed. First Mining Finance is gobbling up under-priced assets in this low priced environment, and will sell them off at a premium down the road. Very wise.

      Cory – thanks for the coverage from the Silver Summit. I really enjoy the interviews at the different investment conferences you & Al attend.

  2. On November 28, 2015 at 1:25 am,
    Chris in Thailand says:

    Avi is right on as usual.

    He only works the charts and does not buy the story, in other words he takes emotion out of the buying process. This the key to markets. I always love his analysis.

  3. On November 28, 2015 at 1:41 am,
    Andrew de Berry (Rev) says:

    Ditto Chris – ‘even the bulls have turned bearish’ offers those contrarians who’ve been hanging on in a bonanza.

  4. On November 28, 2015 at 1:44 am,
    Andrew de Berry (Rev) says:

    ‘Ignore the fundamentals, take the emotions out of it all’ – thanks guys.

  5. On November 28, 2015 at 5:16 am,
    FranSix says:

    There’s an excellent article in Wikipedia.org about the Japanese asset bubble. This was an 8-year bull market. The article reads like a playbook of the North American Asset Bubble. The bull market in the Dow started in 1982 and has seen a historical top this year. A bull market lasting 30 years or more.

    http://schrts.co/mNvyQL

  6. On November 28, 2015 at 5:23 am,
    Excelsior says:

    Cory, thanks for discussing Richmont mines a little with Brent Cook. He also brought up Mirasol Resources, which is an interesting company that I’ve been following as well.

    Also, thanks for covering the review of Entree Gold. It was a helpful interview in unpacking their projects, management team change-up, and their vision for the near to mid future.

  7. On November 28, 2015 at 6:47 am,
    Frank from moscow CCF says:

    Correction to corry…………silver broke $13.94

  8. On November 28, 2015 at 6:56 am,
    CFS says:

    OFF TOPIC: must listen American eye-opener.

    http://kingworldnews.com/dr-paul-craig-roberts-11-28-15/

    Incompetence of the Big Zero totally uncovered.

    • On November 28, 2015 at 7:28 am,
      Frank from moscow CCF says:

      good listen to ………..as always………….

    • On November 28, 2015 at 8:52 am,
      Ebolan says:

      Speaking of the Big Zero and incompetence…

      http://www.zerohedge.com/news/2015-11-27/why-obamacare-exchanges-are-failing

      Is he incompetent or was this by design to usher in an eventual single payer system, i.e. socialized medicine?

      • On November 28, 2015 at 9:54 am,
        CFS says:

        I was primarily considering defense policy when I called Obama incompetent.

        With regard to his MARXIST ideology and hatred of the U.S. , I usually refer to him as the devil incarnate, because of his apparent desire to destroy the U.S. as we knew it. He, by his encouragement of race hatred and his policies of division of various parts of society and setting them against each other, has already done irreparable damage to the U.S.
        I doubt not that history will correctly designate him as the Nero of the Great American civilization; a destroyer of a great experiment sadly now lost to humanity.

        • On November 28, 2015 at 12:00 pm,
          Dai Uy says:

          CFS:

          Regretfully, I agree with your assessment. He has a Marxist agenda and most Dems share the same. I just pray that we can survive for the next 13 months and even then, no guarantees that he won’t be replaced by someone equally anti American.

          I’ll be supporting Cruz as I believe he is the brightest bulb in the group and is decisive.

          • On November 28, 2015 at 1:31 pm,
            Ebolan says:

            Obama is at the very least a former drug user and a homosexual.

            Jerry Corsi is just the latest to bring forth evidence on this.

            http://mobile.wnd.com/2012/09/claim-obama-hid-gay-life-to-become-president/

            And Bill Clinton was a serial rapist.

            They are puppets easily black mailed and bribed because of their pasts. This is just the kind of puppet the New World Odor wants.

        • On November 28, 2015 at 5:32 pm,
          bb says:

          Divisive policies and set groups against one another. Planned prior and started implementation about 1914 I believe with the destruction of the remaining monarchys.
          Democracy, everyone gets an opinion, all as valid as the others, the disagreements are guaranteed to be never ending. lol

          The process has advanced a ways since then of course.

          If anyone hasn’t noticed, it makes no dif which party you vote for now, taking part in the election process only strengthens the “elites”, continues the deseption.

          All voting does now is tell those in control how many people are completely deluded.
          60% turn out, they figure “no worries, we do what we want”.

      • On November 30, 2015 at 6:48 am,
        Kris says:

        You my friend have a phobia. Propaganda like a communist and a closet full of insecurity. Please leave.

    • On November 28, 2015 at 9:25 am,
      Ebolan says:

      Interesting…that new weapon that Roberts mentioned the Russians have used twice was used last year and ironically by the same type of plane the Turks shot down.

      http://www.voltairenet.org/article185860.html

      • On November 28, 2015 at 10:11 am,
        CFS says:

        Ebolan, precisely so.

        The only other piece of information US citizens might want to consider is that the sometime US puppet, England, does hold war-games with its commonwealth countries.
        Most noticeably, with India whose air force uses Russian supplied planes.
        In air combat simulated fights, over the last 2 years, India using primarily Sukhoi 30MKIs against RAF typhoon FGR4s ( as on Aug, 2015), but also against RAF f-35s, since Modi’s election in May of 2014, the RAF has lost EVERY battle similutation fight, even though India has used just a random selection of pilots, and England, determined to not be beaten yet again used its very best pilots in August this year. (Steve Dalton has complained bitterly about being forced to only have American or European built planes.)

        • On November 28, 2015 at 10:19 am,
          CFS says:

          Basically, with the UK, Using its BEST pilots, against Russian planes, without electronic jamming capability, lost 10 out of 10 war games.
          A US war with Russia would be a humiliating loss for the US, plus an economic collapse would result.

          • On November 28, 2015 at 10:29 am,
            Ebolan says:

            And just wait until the US and it’s allies have completed outfitting their air forces with the multi-trillion dollar F-35 turkey. The MIC is bankrupting this country and guaranteeing its defeat with crap like the F-35.

        • On December 1, 2015 at 7:33 pm,
          Matt says:

          It should be noted America is British property and all earnings are divided amongst foreign entities. America is the cash cow puppet.

  9. On November 28, 2015 at 7:18 am,
    Andrew de Berry (Rev) says:

    Please God may Washington’s ludicrous treachery be exposed for all to see. Also off message CFS but essential viewing SGT on Larry Nichols…

    http://sgtreport.com/page/6/

  10. On November 28, 2015 at 8:02 am,
    Andrew de Berry (Rev) says:
  11. On November 28, 2015 at 8:23 am,
    Agatha says:

    can’t hear because the ‘music’ is playing…

  12. On November 28, 2015 at 8:30 am,
    Agatha says:

    Brent Cook has not been positive for yrs….interesting interview..

    • On November 28, 2015 at 9:05 am,
      Big Al says:

      He has also been correct regarding his sector for years.

  13. On November 28, 2015 at 8:41 am,
    Ebolan says:

    Re: seg 6 Cyclical markets, psychology

    These sicklical markets will make you want to see a shrink.

    And Frank from Moscow killed the Gator (Jerry the Long OTB). Jerry should have gone short.

    • On November 28, 2015 at 8:45 am,
      Ebolan says:

      Frank shorted Jerry.

      • On November 28, 2015 at 9:43 am,
        Frank from moscow CCF says:

        that is a gator tale, if I ever heard one….lol

        • On November 28, 2015 at 11:39 am,
          Ebolan says:

          Is Frank OTB?

          • On November 28, 2015 at 11:44 am,
            Frank from moscow CCF says:

            OOTB…..to be correct…………

          • On November 28, 2015 at 11:48 am,
            Frank from moscow CCF says:

            but, Gator is a Jerry also……………….so, that should not be to confusing……lol

          • On November 28, 2015 at 5:17 pm,
            Ebolan says:

            I always thought it was OTB (outside the box). But outside of the box or out of the box is prolly used more.

          • On November 30, 2015 at 11:36 am,
            Excelsior says:

            Out Of The Box…….OOTB…….reconfigured as a BOOT……..

            This is how J…..The Long….OOTB transformed into Frank from Moscow……The BOOT.

  14. On November 28, 2015 at 8:43 am,
    Ebolan says:

    Interesting article by Avi Gilbert on Market Watch front page…

    http://www.marketwatch.com/story/whats-more-devastating-than-inflation-or-deflation-2015-11-27

    He ends with
    I am not expecting to see signs of the coming storm until at least around 2020. However, do not say you have not been warned, as this is something which at least needs to be considered.

    But why not until at least 2020?

    • On November 28, 2015 at 9:01 am,
      Ebolan says:
      • On November 28, 2015 at 10:01 am,
        Frank from moscow CCF says:

        Sept 11 2015 article………..you need a speed reading course……………lol

        • On November 28, 2015 at 10:32 am,
          Ebolan says:

          Dang, I went to Mish’s homepage and that came up, strange.

          But still, I need to get caught up on my reading, even on this site. Like I said before, I’m only up to FranFive! 🙂

          • On November 28, 2015 at 10:54 am,
            Frank from moscow CCF says:

            We will give you a High Five on that one………. 🙂

          • On November 28, 2015 at 11:33 am,
            Excelsior says:

            Nice.

    • On November 28, 2015 at 9:38 am,
      Agatha says:

      ditto

    • On November 28, 2015 at 9:47 am,
      Frank from moscow CCF says:

      long enough to change one’s mind….2020 hind sight……………..lol

  15. On November 28, 2015 at 10:07 am,
    Markedtofuture says:

    Time & Price Armstrong

    ANSWER: Yes, we give projections for the ideal targets, but they are broad in one way and when geared with time they can be more reliable. But as in the Dow, there were three 18500, 23000 and 40,000. If this was the end of a bull cycle, then the 18500 would be sufficient. However, we still have time so that means we should look at the next target.

    Technical projections will be provided at the specific time target. TIME is the main issue ALWAYS. There is a TIME for everything. When we reach the Benchmarks, will not matter if the low in gold will be $902, $875, or $680.

    When TIME runs out that is it. That is always the key issue. PRICE is secondary.
    ————————————————–
    Gold & the Dollar Surge

    If gold closes below the 1043 level at year end, you can bet on new lows next year in 2016. We will most likely see a real surge in the dollar yet with the Euro collapsing. So pay attention also to the year-end closing for the Euro. If that is under 10365, the dollar surge is underway.

    http://www.armstrongeconomics.com/archives/39611

  16. On November 28, 2015 at 11:09 am,
    Mark says:

    The price of gold is rigged daily in the paper futures market………..the whole game is phony………….this price of $1056 is fake! Dec 1st will be interesting!

    • On November 28, 2015 at 11:45 am,
      Frank from moscow CCF says:

      correct once again…………..

      • On November 28, 2015 at 12:12 pm,
        Mark says:

        And wait and see what happens when they can’t supply China with 47 tones of gold each week! That’s when the fun begins! So let them take the price down, they are only hurting themselves!

        • On November 28, 2015 at 12:58 pm,
          CFS says:

          Gold and silver are just another great bargain on Black Friday ……. Sale continuing for ? How long ?

          • On November 28, 2015 at 1:42 pm,
            Mark says:

            THE WEST HAS NO GOLD…………. So China is just calmly waiting……..they know that they are dealing with psychopaths in the west! So now it is just a matter of time!

  17. On November 28, 2015 at 1:06 pm,
    CFS says:

    Here’s a question for y’all……
    We have noticed terrorist attacking Paris recently, because it was heavily reported on radio and TV.
    HOw many people do you think by Islamic Scum terrorists in the year 2014. (I’m talking in terrorist attacks, not killed in fighting in Afghanistan or Iraq or Syria.). I think the number will surprise some of you.

    I’ll post the answer in a couple of hours.

    • On November 28, 2015 at 1:55 pm,
      Agatha says:

      #1

    • On November 28, 2015 at 3:56 pm,
      CFS says:

      When I started to notice how many people were murdered by Muslims and how slow Islamic Imams were to condemn such murders in 2013, I began to criticize the religion of Islam itself, often described by liars, overt, proven liars as a religion of peace. Murders by Islamic terrorists, who admitted the crimes in 2013 exceeded 18,000.

      Terrorist killings in 2014 are in excess of 32,650.
      This number is probably quite considerably on the low side of the true number.
      Murder by stabbing in Israel are not included. So-called honor-killings by Muslims are not included because they are not terrorist acts. Many unsolved murders are obviously not included because the motives are not known.
      To have anyone call the Islamic religion one of peace, without condemning Islamic terrorist violence in a follow-on sentence, is a sign of ignorance or total stupidity.

  18. On November 28, 2015 at 3:50 pm,
    Agatha says:

    of course the terrorist scum is funded & trained by whom…..and the western media is owned by whom….???

    • On November 28, 2015 at 4:08 pm,
      CFS says:

      If, Agatha, you are implying by your question, that terrorist scum, and in particular Islamic Scum, are trained by U.S. Operatives, I must ask you; ” Have you actually observed any U.S. Government operation to work efficiently and effectively?” I do not know the origin or development of ISIS OR ISIL, but, of course, have read reports or their creation or support by the U.S.
      I tend to believe, however, despite my dislike and general disgust of Obama, that neither he nor his minions are capable of producing as winning a force as ISIL. I do have great hopes that Russia will eliminate that scourge from the face of the earth.

  19. On November 28, 2015 at 4:14 pm,
    CFS says:

    The Western media is over 90% democratic voting reporters – consequence of liberal universities producing too many students in the humanities and too few scientists and engineers.
    Liberal arts graduates need to get a job somewhere, I guess. It is a pity many lack the analytical skills more commonly found in scientists.

  20. On November 28, 2015 at 4:48 pm,
    Bob Grierson says:

    Hello Al

    I subscribed to the Morgen Report for a couple of years and found your interview with Dave was interesting if not informative. I realize you have to treat these guys like raw eggs otherwise they wouldn’t come back. Some of my favourite quotes from Dave are “Any thing less than 30 is a buy” and (my personal favourite) “I go on record as saying 1300 is a bottom”. One of his top picks was Colossus Minerals before it went bust. Incidently, thanks for turning me on to Kitco. They are a very professional organization that I use a lot.

    Sincerely,

    Robert Grierson

    Switzerland.

    • On November 28, 2015 at 5:19 pm,
      Ebolan says:

      Market timing and stock picking…if people could do either with any degree of regularity why would they need to sell newsletters?

    • On November 28, 2015 at 10:02 pm,
      JIM says:

      BOB,

      Agreed, David Morgan has had many loosing stock picks the last 4-years. But to be fair, he had just as many winners before the down turn and I think his top tier and second tier selections will have their day in the sun when the PM market turns around.

      All The Best,

      JIM

      • On November 29, 2015 at 4:47 pm,
        bb says:

        Jim, a blind monkey using a dartboard could look like a genius when the bull was on.
        the only “misses” I had were crooked companies, and even 1/2 of them paid.

      • On December 1, 2015 at 7:37 pm,
        Matt says:

        Morgan is very good at changing his story as he goes along.His record has been far from perfect but he trots out there and makes his living.

    • On November 29, 2015 at 6:43 am,
      Frank from moscow CCF says:

      I started listening to DAVE MORGAN……..11 yrs ago……..he was spot on then, …did not let everyone know the top was in, and now he is back full cycle. I think Dave is more than 50% correct, …..but, heck so am I………….lol

  21. On November 28, 2015 at 5:48 pm,
    Skeeta says:

    Great show this weekend guys,
    Thanks for providing it.
    Cheers.

  22. On November 28, 2015 at 6:06 pm,
    Dick Tracy says:

    There are a lot of fickled posters today and they have a lot to say that is negative but nothing much that is constructive to show how their complaints can be rectified to improve our society. Being critical is easy but offering solutions requires more thought. DT

  23. On November 28, 2015 at 8:33 pm,
    Chartster says:

    DT,
    You are correct with that comment. I have given the Thomas Jefferson blueprint many times, only to get the “eyes glazed over” non informed comment ridicule!
    1. Repeal the act of 1871.
    2. Go back to asset based currency.
    3. Go back to common law and abolish admiralty law.

    AND, THAT, IS THE REMODY AND ONLY SOLUTION !

    Everything else is, BS..

    • On November 29, 2015 at 9:24 am,
      Frank from moscow CCF says:

      well said Chartster…………

      • On November 29, 2015 at 2:50 pm,
        Frank from moscow CCF says:

        Might want to add….awareness of UN AGENDA 21 ……

  24. On November 28, 2015 at 8:58 pm,
    Chartster says:

    And if you “think” you’re smarter than Thomas Jefferson? By all means, step up!

  25. On November 28, 2015 at 11:14 pm,
    Chris in Thailand says:

    Really enjoyed Cory and his interviews. Great show guys!

  26. On November 29, 2015 at 2:02 am,
    Andrew de Berry (Rev) says:
  27. On November 29, 2015 at 6:14 am,
    CFS says:

    P. C. Roberts piece may be considered comical by some, but it is far from the truth. I must admit I do not know the price of prostitutes in Greece, but he is wrong about government economics. The problem in Greece is not specific instances of bribery of officials to accept loans from other countries, but rather the structure of welfare and taxation in general.
    Greeks can retire on full pension far too early and play the game of tax evasion far too well, to cite just two problem parts of the economic structure.

    • On November 29, 2015 at 10:00 am,
      Agatha says:

      CFS- western media is very contained.ISIL is Israel & Saudi Arabia and U.S. through Israel,
      Jordan?.. thats what I read..and the forthcoming news supports that. Its more pertinent to look at who is destroying ISIL…its high time for us to get off the right & the liberal…
      that is divisive. TPTB want to divide us…. don’t allow them.

      • On November 29, 2015 at 11:52 am,
        CFS says:

        Agatha, I’m sorry, but I do not understand what you wrote.

        • On November 29, 2015 at 11:56 am,
          CFS says:

          ISIL is the abbreviation for “Islamic State in Iraq and the Levant”. The Levant is a region which historically included Cyprus, Israel, Jordan, Lebanon and Syria.

          • On November 29, 2015 at 2:05 pm,
            bb says:

            I thought isis was……… Israeli secret intelligence service

  28. On November 29, 2015 at 7:04 am,
    Andrew de Berry (Rev) says:
    • On November 29, 2015 at 11:23 am,
      Frank from moscow CCF says:

      coming to America……..California Highway Patrol retiree gets $105,000 in pensions, Californian retiree of the state are guaranteed their money, and there is a short fall from the interest on the bonds which support the payments, but, the taxes will be raised to offset the difference of the low paying bonds……State govt is going to be in trouble. Since, California could be considered the 7 th. largest country according to some.
      The US govt has no debt ceiling, until visited again in March of 2017. and $18 trillion in debt.
      The Fed is leveraged 80 times and is broke…..per Rickards.
      The US govt. has 800 times more debt than income annually …..per KWN Pento.
      Just more to come.

      • On November 29, 2015 at 11:58 am,
        CFS says:

        CALPERS is in serious deficit. Either pensions will be lowered or taxes raised, but it is not clear to me that taxes can be raised enough to solve the problem.

        • On November 29, 2015 at 12:43 pm,
          Frank from moscow CCF says:

          I would agree with your assessment………

          • On November 29, 2015 at 12:46 pm,
            Frank from moscow CCF says:

            The land of milk and honey…………….milking the tax payer…, and honey let’s move.

          • On November 29, 2015 at 1:00 pm,
            CFS says:

            Logically, it could be argued that pension problems have been exacerbated by the Federal Government holding interest rates low and thus a problem created by the Federal Government should be solved by the Federal government, but I don’t see that happening.
            Except, of course, Illinois defaults first……and a lot of the big zero’s skeletons are buried in Illinois. Blackmail might set a precedent for bail-outs.

          • On November 29, 2015 at 1:08 pm,
            Frank from moscow CCF says:

            Just add it to the $18trillion….

          • On November 29, 2015 at 1:09 pm,
            Frank from moscow CCF says:

            add it while everyone is on holiday…………….lol

          • On November 29, 2015 at 7:20 pm,
            dragonite says:

            I heard the debt is 18.7 trillion now. Is it true?

          • On November 30, 2015 at 8:13 am,
            Frank from moscow CCF says:

            The amount of $18 billion does not include future promises………nor anything in the BLACK BUDGET.

    • On November 29, 2015 at 1:09 pm,
      Frank from moscow CCF says:

      great comments………by egon

  29. On November 29, 2015 at 1:35 pm,
    Frank from moscow CCF says:

    Refugee ………EU to pay Turkey 3billion to stem flow of refugees………….zerohedge

    • On November 29, 2015 at 1:37 pm,
      Frank from moscow CCF says:

      First Turkey gets cheap oil, that ISIS stole, now they are going to loot the EU…….LOL

  30. On November 29, 2015 at 1:58 pm,
    Agatha says:

    those erdogans have connections…
    von greyerz has had many predictions.. kwn is gold pumpers

    • On November 29, 2015 at 2:04 pm,
      Frank from moscow CCF says:

      Since, they want to store people’s gold, maybe they are passing/loaning it on to the comex…….lol

      • On November 29, 2015 at 2:14 pm,
        FranSix says:

        More likely ETF gold is being drained through redemptions. Nobody mentions this because gold ETFs are the main investment strategy for investors.

        Very possible central bank gold is being leased, but after lease rates went positive(or negative GOFO), reporting of lease rates was pulled from the market, suggesting that physical gold held in storage is being sold out from under investor’s noses.

        • On November 29, 2015 at 2:22 pm,
          Frank from moscow CCF says:

          I think you are correct……I was kind of kidding concerning the storage facility provided by egon’s company.

  31. On November 29, 2015 at 2:07 pm,
    bb says:

    Scientists turn gold into foam as light as air & malleable by hand.

    Kind of a neat story on RT today.

    • On November 29, 2015 at 2:12 pm,
      Frank from moscow CCF says:

      that should read……scientist foaming at the mouth, and hands gold over to feds

  32. On November 29, 2015 at 2:14 pm,
    Frank from moscow CCF says:

    BLACK FRIDAY SALES A BUST………….zerohedge and FSN……….

  33. On November 29, 2015 at 2:17 pm,
    Frank from moscow CCF says:

    18,000 CONTRACTS dumped on comex……in 30min. pre Thanksgiving treat…….jsmineset……nice little chart included.

    • On November 29, 2015 at 2:17 pm,
      Frank from moscow CCF says:

      posting this one for MARK……….. best……..jootb

    • On November 29, 2015 at 2:41 pm,
      Agatha says:

      clip_image001jsmineset pretty simplistic,naive

      In fact, there were 4 single minutes which saw a total 7,000 contracts dumped on the market. For perspective, 18,000 contracts represents 1.8 million ounces of gold …while COMEX claims to have a grand total of 150,000 ounces available for delivery! 1.8 million ounces of gold is equal to well over one week’s production of every gold mine on the planet, 150,000 on the other hand is just over 16 hours! For further perspective, China has been importing over 1.3 million ounces of real physical gold each and every week and amounts to nearly 80% of all gold produced. Why is this important? China is importing each week nearly 10 times the total amount of gold COMEX has for delivery in total. Put another way, COMEX gold “pricing” rests on a foundation 10 times smaller than what China imports each and every week! How is it credible that COMEX can sell 12 times as much “gold” …in just 30 minutes as they claim to have available for delivery?

      COMEX currently has a problem in my opinion. Their registered (dealer deliverable) category has not received any gold over the last two plus months and has done nothing but shrink to a level equal to just 16 hours of global production. First notice day for December gold is this coming Monday. With just one day left there are still 24,000 contracts open. If history is any guide, Monday will see a drop of 12,000 contracts and a 40% bleed down during the month. If this were to occur, we will see over 600,000 ounces standing with only 150,000 ounces available for delivery. We have seen this potential situation several times over the last couple of years but never with an available inventory as feeble as it is now.

      My point to writing about the current COMEX conditions is simple. Though COMEX currently “prices” gold, they have little to no inventory to back them up. China imports more in a single day than what COMEX claims they have to deliver. Nearly any Black Swan, be it a financial, geopolitical or military event will strip the COMEX of any ability or credibility to continue as “manipulator in charge”. I have asked in several writings why the CFTC has allowed the pricing mechanism to be so corrupt after each blatant raid such as this past Friday’s. They found “nothing actionable” in the silver market which in my opinion is code speak for “we can’t arrest the government” …therefore “not actionable” in the interest of national security.

      As for COMEX, I would ask this. Why is it allowed for any institution or group of institutions to sell in 30 minutes, twelve times the amount of paper contract gold than is claimed to exist for delivery? The December month alone looks to be quite problematic, why is this practice allowed as a failure to deliver could be created by a mere 1,500 contracts? Is the final solution a force majeure and just go on down the road?

      As for you as an individual investor, can you see the danger here? A failure to deliver or a “caused” failure ending in a force majeure will be catastrophic. The candy store will be closed …and then what? Do you really believe metal will be available for you to purchase at any price even resembling the current? I have said all along, the entire game will change when the last ounce available for delivery is gone. When I say the “entire game” I am speaking to ALL of it. When the fraud in gold is exposed and understood, do you understand that the confidence in the entire financial system of dollars, Treasuries and all the rest will be broken for our lifetimes?

      To finish, much of what we see in our daily lives is nothing more than a fraudulent mirage. Our way of life and standard of living depends entirely on this mirage and collective madness to continue. However, some very ugly truths that come naturally as a gift from Mother Nature herself have been appearing. These “ugly truths”, each and every one of them should be an impossibility in logical nature but they exist and are appearing with more frequency. Can you handle the ugly truth?

      Standing watch,

      Bill Holter
      Holter-Sinclair collaboration

      • On November 29, 2015 at 2:51 pm,
        Frank from moscow CCF says:

        thanks for posting…..I thought you did not like Holter…………..

        • On November 29, 2015 at 3:15 pm,
          Agatha says:

          I think Holter is naive and I don’t understand the collaboration..I posted it Frank to make it convenient…theres space between like & dislike..

          • On November 30, 2015 at 7:38 am,
            Frank from moscow CCF says:

            I like things black and white., shades of grey are wishy washy….and reminds me of forgetting to separate your colors before doing your laundry………….lol

      • On November 29, 2015 at 3:08 pm,
        Chartster says:

        That was a great read by Holter. Spot-On!

        • On November 29, 2015 at 3:10 pm,
          Frank from moscow CCF says:

          I thought it was great also….glad I mentioned it…………….lol

        • On November 29, 2015 at 3:43 pm,
          Agatha says:

          what was spot on..????

          • On November 29, 2015 at 4:28 pm,
            Chartster says:

            Agatha,
            I agree with Holter ( and many others ) that the crimex is about to go night night…. And you know who..is about to be pricing gold soon… He who holds most if the phyz…

            And this happens tomorrow, to no surprise..
            http://www.bbc.com/news/business-34957580

          • On November 29, 2015 at 4:57 pm,
            bb says:

            Cant say I think it will be “horrible” not that very many ever take phyz possession, contracts would just be settled in cash, whats the big deal?
            Sounds like “bugs” screamin shortage to me.

          • On November 30, 2015 at 7:41 am,
            Frank from moscow CCF says:

            thanks for the post Chartster……………………..

          • On November 30, 2015 at 7:43 am,
            Frank from moscow CCF says:

            bb…..if, your currency is being devalued…..it will be a big deal……..

      • On November 29, 2015 at 6:47 pm,
        dragonite says:

        I just do not understand why LBMA has a lot of delivery request and COMEX longs don’t do the same thing? Is there any restriction there so people cannot ship the gold they demand for shipping out of US? Why do all the physical buyers favour LBMA?

        • On November 30, 2015 at 7:49 am,
          Frank from moscow CCF says:

          Members are leaving the LBMA…………..

  34. On November 29, 2015 at 2:50 pm,
    Stephan B. Feibish says:

    In my highly uninformed opinion. The Fed won’t ruin anybody’s holiday by rising rates this year.

    • On November 29, 2015 at 2:53 pm,
      Stephan B. Feibish says:

      Especially the retailer’s holiday season.

    • On November 29, 2015 at 3:00 pm,
      Frank from moscow CCF says:

      the FED…….is broke according to Jim Rickards……

      • On November 29, 2015 at 7:02 pm,
        Chartster says:

        The Rickards is a Shill….according to history..

        • On November 30, 2015 at 8:58 am,
          Frank from moscow CCF says:

          I think he plays both sides of the fence …….jmho

  35. On November 29, 2015 at 2:54 pm,
    Frank from moscow CCF says:

    Here is a good one………WANT TO BUY A SILVER EAGLE one oz of silver from the USMINT……………..price……..$39.95

    • On November 29, 2015 at 2:55 pm,
      Frank from moscow CCF says:

      not a proof either……….want a proof….$49.95

    • On November 29, 2015 at 3:04 pm,
      Frank from moscow CCF says:

      But, you could buy at Apmex for $18.44

    • On November 29, 2015 at 5:10 pm,
      bb says:

      border gold sells maples for 22.68 eagles 24.22 Canadian.
      odd their cheaper than the mint.

  36. On November 29, 2015 at 3:13 pm,
    Agatha says:

    why is kitco screwed up

    • On November 29, 2015 at 3:21 pm,
      Frank from moscow CCF says:

      I noticed that earlier……..maybe the night watchman is still on holiday…..

  37. On November 29, 2015 at 3:42 pm,
    Frank from moscow CCF says:

    7.5 Million homeowners still under water………….undernews……..

    • On November 29, 2015 at 6:11 pm,
      Bobby says:

      got at link for that Jerry?

      • On November 30, 2015 at 7:32 am,
        Frank from moscow CCF says:

        go to solori report….cath. Austin Fitts site……..and look over in the bottom left hand corner……………

        • On November 30, 2015 at 7:51 am,
          Frank from moscow CCF says:

          solari report.com

  38. On November 29, 2015 at 5:07 pm,
    gary says:

    I’ve been saying the same thing as Avi, too many people expecting sub $1000 gold. That probably means it won’t get there just like it didn’t get to $2000 that everyone was looking for at the 2011 top.

    • On November 29, 2015 at 6:09 pm,
      Bobby says:

      I would not use that strategy, gary! in 2000-2001 we would always say buy silver up to $10.00 and gold to $500.00. Looking like we might be testing those highs again.

      • On November 29, 2015 at 6:14 pm,
        Chartster says:

        Bobby,
        I think you are going to be correct. We should test those levels.

        • On November 29, 2015 at 7:24 pm,
          Bobby says:

          It could be quick or take 5 to 10 years to happen. time is a key element here.

      • On November 29, 2015 at 6:36 pm,
        dragonite says:

        Is there any producer able to survive that price?

        • On November 29, 2015 at 7:03 pm,
          Bobby says:

          i certainly would not be betting on it.

          • On November 29, 2015 at 7:19 pm,
            dragonite says:

            I guess if the price is pushed to that level for any significant amount of time, most producers will go bankrupt and we have no more supply. The supply crunch will be acute for silver. Then what happens after that is very obvious.

  39. On November 29, 2015 at 5:16 pm,
    Agatha says:

    yeah & Avis been predicting it for 3 yrs…

  40. On November 29, 2015 at 7:06 pm,
    CFS says:
    • On November 30, 2015 at 5:29 am,
      Agatha says:

      cfs go to THRIVE-foster gamble.
      This film you link sounds dubious at first… Gamble has a lot of data.. FYI.

      • On November 30, 2015 at 6:16 am,
        CFS says:

        Thrive movement.com is highly questionable.
        25% truth…..25% emotion …. And 50% crap in my opinion.
        Hardly “a lot of hard data”
        I inserted the word hard, because it NEEDS to be sourced, not pulled out of the air.

        That’ s my first flag against the UEA…….they would NOT provide source data when repeatedly asked.

        • On November 30, 2015 at 7:17 am,
          Agatha says:

          alright.. as far as Im concerned theres something too agenda driven by climate change/
          doing right by the environment is another thing…
          whats UEA

          • On November 30, 2015 at 8:04 am,
            CFS says:

            University of East Anglia, which together with Colorado have “done” the most climate research

  41. On November 30, 2015 at 3:53 am,
    Mark says:

    *********** IS THERE GOLD IN THEM THAR VAULTS ***************
    Staying on topic:

    http://financialsurvivalnetwork.com/2015/11/david-jensen-is-there-gold-in-them-thar-vaults/
    This recent interview with David Jensen explains the future outcome for gold as a result of the loss of gold at the LBMA and at the COMEX!

  42. On November 30, 2015 at 4:09 am,
    Mark says:

    This is a very, very good interview on gold!

    • On November 30, 2015 at 8:57 am,
      Frank from moscow CCF says:

      DITTO………looks like a shortage and reinventing of the numbers , going back to 2013

  43. On December 11, 2015 at 6:48 am,
    Mike says:

    Questions for Theralase

    1. Have they received a ‘non-objection’ letter from HC about Phase 1b
    2. Has the REB meeting occurred or not.
    3. Have the TLC-2000’s been manufactured and sold.
    4. Coffers

    Please if there is a segment.. dont ask questions to run out the clock.. thanks