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Tuesday, May 3, 2016

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saveyourassetsfirst3

Venezuela, Socialist Paradise in Collapse: “Rationing Food, Toliet Paper…Now Electricity”

Posted: 03 May 2016 12:00 PM PDT

It is has happened over and over again in history, and right now it is happening in Venezuela. This is socialism in action, and socialism when it has failed:   Submitted by Mac Slavo, SHTFPlan: Welcome to Venezuela, the socialist paradise where many workers how have a five-day weekend, and everything is rationed because nothing […]

The post Venezuela, Socialist Paradise in Collapse: "Rationing Food, Toliet Paper…Now Electricity" appeared first on Silver Doctors.

“Time Traveler”: Unearthed 1500 Year Old Mummy Wearing… Adidas?

Posted: 03 May 2016 11:00 AM PDT

Scientists have put a rare find on display – a mummified woman has been found in Mongolia who appears to be wearing modern footwear…     Buy Silver Coins at SDBullion Submitted by Mac SLavo, SHTFPlan: How can it be? Scientists have put a rare find on display – a mummified woman found in Mongolia […]

The post "Time Traveler": Unearthed 1500 Year Old Mummy Wearing… Adidas? appeared first on Silver Doctors.

Have You Been Damaged By PM Manipulation? Jim Sinclair Presents Revolutionary Litigation Framework-“$Billions Are a Potential Recovery”

Posted: 03 May 2016 10:55 AM PDT

I believe after careful consideration, we have found the structure and method of winning in litigation against market manipulators. Billions of dollars are a potential recovery in this never before applied legal framework. I offer you an important opportunity to join with me to address this problem in a never before used litigation approach…   […]

The post Have You Been Damaged By PM Manipulation? Jim Sinclair Presents Revolutionary Litigation Framework-“$Billions Are a Potential Recovery” appeared first on Silver Doctors.

Silver: The “Five Year Plan” and the Great Leap Forward

Posted: 03 May 2016 10:00 AM PDT

Silver prices will move upward to $50 and eventually to $100. Depending upon the degree of dollar devaluation, how much "money printing" occurs, the loss of dollar reserve currency status, hyperinflation, importance of the Chinese physical exchanges, and much more-silver prices could race far higher than $100…   Submitted by Gary Christenson: Five years ago […]

The post Silver: The "Five Year Plan" and the Great Leap Forward appeared first on Silver Doctors.

Smoke Signals: The Return of King Silver!

Posted: 03 May 2016 08:15 AM PDT

Victory is nigh, friends. Here I STAND! As silver prepares to cross the 18 dollar mark, I declare that the days of metal crushing/stomach churning/call option-destroying are over! And 5 years after May 1st 2011, I say without hesitancy: SILVER STACKERS on the 5TH YEAR LOOK TO THE EAST (SGE)…. IT IS ON!!!!   Submitted […]

The post Smoke Signals: The Return of King Silver! appeared first on Silver Doctors.

The NEXT Price Targets For Gold & Silver

Posted: 03 May 2016 08:05 AM PDT

If gold continues to rally and breaks out to the upside…   Submitted by Chris Vermeulen: I have pointed out earlier, gold is forming a possible short-term top. It is on the verge of completing a bearish 'Head and Shoulder' pattern. The pattern is confirmed if gold closes below $1220/oz. The downside pattern target for this setup […]

The post The NEXT Price Targets For Gold & Silver appeared first on Silver Doctors.

The Earth is Shaking: How To Get Prepared For The Coming Earthquakes And Volcanic Eruptions

Posted: 03 May 2016 08:00 AM PDT

All over the world seismic activity is increasing.  In recent weeks we have seen a dramatic earthquake in Ecuador, more than 600 earthquakes have experts extremely alarmed about what is happening to Japan's southern Island, and 37 volcanoes around the planet are erupting right now. Most of the large earthquakes and volcanic eruptions that we […]

The post The Earth is Shaking: How To Get Prepared For The Coming Earthquakes And Volcanic Eruptions appeared first on Silver Doctors.

Puerto Rico Defaults- SD’s Coverage From San Juan’s Financial District

Posted: 03 May 2016 07:08 AM PDT

As Puerto Rico officially defaulted Monday, SilverDoctors was in San Juan for a first-hand view…   The bankers seemed to be treating Monday the same as any normal day:   What you won’t see in the recorded interviews (as everyone refused to be videotaped due to security concerns) is that underneath the facade, the crisis comes […]

The post Puerto Rico Defaults- SD’s Coverage From San Juan’s Financial District appeared first on Silver Doctors.

Question for Dan Norcini et al.: Are central banks rigging gold or not?

Posted: 03 May 2016 07:02 AM PDT

GATA

It’s Now Almost Impossible to Save for Retirement

Posted: 03 May 2016 07:00 AM PDT

So saving money guarantees that you will LOSE after adjusting for inflation, at a time when the US government's finances have never been more precarious. Crazy. CONVENTIONAL options and strategies just don't work anymore: Buy 90% Junk Silver Pre-1965 Coins at SD Bullion $100 FV Bags Just $2.99 Over Spot! Submitted by Simon Black, Sovereign […]

The post It's Now Almost Impossible to Save for Retirement appeared first on Silver Doctors.

Corporate Defaults and Gold

Posted: 03 May 2016 06:18 AM PDT

SunshineProfits

Silver & Gold Rally Led By China As They Take Over Pricing

Posted: 03 May 2016 06:11 AM PDT

Its not your average silver investor leading this massive rally in gold and silver…   From the SRSRocco Report: While the prices of the precious metals have popped recently, it's more important to focus on the mid to long term fundamental reasons to own gold and silver.  I spoke with Kenneth Ameduri at Crush the […]

The post Silver & Gold Rally Led By China As They Take Over Pricing appeared first on Silver Doctors.

Some of Brien Lundin's Precious Metals Picks Are Up More Than 400%. What Is Next?

Posted: 03 May 2016 01:00 AM PDT

A battle royale is brewing between gold bulls and commercial traders who are short gold, says Brien Lundin, publisher of Gold Newsletter. That tug of war, which should play out in the coming weeks,...

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Nirp Vs. Gold, Pt Vii – Exploding Unintended Ramifications!

Posted: 02 May 2016 06:00 PM PDT

Miles Franklin

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York

Posted: 02 May 2016 01:27 PM PDT

Secret - Public DomainLast month, a “secret meeting” that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.  During this “secret meeting“, a company known as “Chain” unveiled a technology that transforms U.S. dollars into “pure digital assets”.  Reportedly, there were representatives from Nasdaq, Citigroup, Visa, Fidelity, Fiserv and Pfizer in the room, and Chain also claims to be partnering with Capital One, State Street, and First Data.  This “revolutionary” technology is intended to completely change the way that we use money, and it would represent a major step toward a cashless society.  But if this new digital cash system is going to be so good for society, why was it unveiled during a secret meeting for Wall Street bankers?  Is there something more going on here than we are being told?

None of us probably would have ever heard about this secret meeting if it was not for a report in Bloomberg.  The following comes from their article entitled “Inside the Secret Meeting Where Wall Street Tested Digital Cash“…

On a recent Monday in April, more than 100 executives from some of the world's largest financial institutions gathered for a private meeting at the Times Square office of Nasdaq Inc. They weren't there to just talk about blockchain, the new technology some predict will transform finance, but to build and experiment with the software.

By the end of the day, they had seen something revolutionary: U.S. dollars transformed into pure digital assets, able to be used to execute and settle a trade instantly. That's the promise of a blockchain, where the cumbersome and error-prone system that takes days to move money across town or around the world is replaced with almost instant certainty.

So it is not just Michael Snyder from The Economic Collapse Blog that is referring to this gathering as a “secret meeting”.  This is actually how it was described by Bloomberg.  And I think that there is a very good reason why this meeting was held in secret, because many in the general public would definitely be alarmed by this giant step toward a cashless society.  Here is more on this new system from Bloomberg…

While cash in a bank account moves electronically all the time today, there's a distinction between that system and what it means to say money is digital. Electronic payments are really just messages that cash needs to move from one account to another, and this reconciliation is what adds time to the payments process. For customers, moving money between accounts can take days as banks wait for confirmations. Digital dollars, however, are pre-loaded into a system like a blockchain. From there, they can be swapped immediately for an asset.

"Instead of a record or message being moved, it's the actual asset," Ludwin said. "The payment and the settlement become the same thing."

Why this is so alarming is because we are seeing other major moves toward a cashless system all over the planet.  In Sweden, 95 percent of all retail transactions are already cashless, and ATM machines are being removed by the hundreds.  In Denmark, government officials actually have a stated goal of “eradicating cash” by the year 2030.  And in Norway, the biggest bank in the country has publicly called for the complete elimination of all cash.

Other nations in Europe have already banned cash transactions over a certain amount. Here are just a couple of examples…

As I have written about previously, cash transactions of more than 2,500 euros have already been banned in Spain, and France and Italy have both banned all cash transactions of more than 1,000 euros.

Little by little, cash is being eradicated, and what we have seen so far is just the beginning. 417 billion cashless transactions were conducted in 2014, and the final number for 2015 is projected to be much higher.

The global push toward a cashless society is only going to intensify, because banks and governments both tend to really like the idea of such a system.

Banks really like the concept of a cashless society because it would force everyone to be their customers.  There would be no more hiding cash in a mattress at home or trying to pay all of your bills with paper money.  Under a cashless system, we would all be dependent on the banks, and they would make lots of money whenever we swiped our cards or our “chips” were scanned.

Governments see a lot of advantages in a cashless society as well.  They tell us that they would be able to crack down on drug dealers, tax evaders, terrorists and money launderers, but the truth is that it would enable them to watch, track, monitor and control virtually all of our financial transactions.  Our lives would become open books to the government, and financial privacy would be a thing of the past.

In addition, the potential for tyranny would be absolutely off the charts.

Just imagine a world where the government could serve as the gatekeeper for who is allowed to use the cashless system and who is not.  They could require that we all submit to some sort of government-issued form of identification before being permitted to operate within the system, or it is even conceivable that a loyalty oath would be required.

Of course if you did not submit to their demands, you could not buy, sell, open a bank account or get a job without access to the cashless system.

Hopefully people can understand where this is going.  Paper money is a very important component of our freedom, and if it is taken away from us that will open the door for all sorts of abuse.

Even now, cash is slowly being “criminalized” in America.  For example, if cash is used to pay for a hotel room that is considered by federal authorities to be “suspicious activity” that should be reported to the government.  Of course it isn’t against the law to pay your hotel bill in cash just yet, but according to the government it is something that “terrorists” do so it needs to be closely watched.

It doesn’t take a whole lot of imagination to see where all of this is going.  And for those of us that understand what time it is, this is a clear indication that it is getting late in the game.

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael's controversial new book about Bible prophecy entitled "The Rapture Verdict" is available in paperback and for the Kindle on Amazon.com.*

Breaking News And Best Of The Web — May 3

Posted: 02 May 2016 10:34 AM PDT

Bad Chinese news keeps coming. US and Europe continue to slow down. Italy and Japan lobby for bigger deficits. Global stocks mostly down, the dollar falls, the yen rises. Bitcoin’s creator goes public. Puerto Rico defaults. Gold and silver correct, but just a bit so far.   Best Of The Web The red line – […]

Top Ten Videos

Posted: 01 May 2016 04:00 AM PDT

GATA’s Bill Murphy explains how gold is manipulated. Max Keiser interviews Jim Rickards. Gerald Celente says the credit boom is over and really bad things are coming soon. Lots of different takes on gold and a bit on Andrew Jackson. First Mining Finance CEO Keith Neumeyer sees “something different going on in the silver marketplace.” […]
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