Hong Kong Mercantile Exchange (Commodities: Gold Silver) is surrendering all metal trades and will settle in cash. Defaulted! No Gold or Silver to be given!

This is Super Huge news in my opinion!

The Hong Kong Mercantile Exchange, which is the gold and silver commodities trading house in Hong Kong is immediately stopping/discontinuing and will be settling all gold and silver trades in cash that are in house at this time.  Besides that, they will determine what amount/price they will settle the trades/contracts at.

This is the exchange that began trading gold and silver in 2011 for the Pacific areas.  This is the one we had all hoped would break the gold and silver manipulation.  It seems the manipulation and physical amounts, broke them and they are not able to provide the physical.

On May 18, 2011, HKMEx formally began trading with a US Dollar gold futures contract. ^[9]In an interview with Reuters, Helmig said it plans to launch gold and silver futures contracts denominated in renminbi. He also said HKMEx will follow precious metals products with contracts in base metals, and then energy and agriculture.^[10] On July 22, 2011, the exchange launched a second product, a US Dollar silver futures contract.^[11]As of 5pm on February 13, 2012 trading on HKMEx’s gold and silver futures reached 1,003,210 contracts, representing total turnover of over US$50 billion (around HK$390 billion).^[12] Trading on the exchange's US-dollar gold futures for the first time surpassed the 10,000 contract mark on June 4, 2012.

You have to wonder if people in  Asia were demanding the physical metals, compared to the paper as the Comex people are happy with.   It seems to me they ran out of physical and can no longer operate with physical gold and silver as a commodity.

They are using the excuse of commodity trading not providing enough money for them.  But lets face it.  The fact that gold and silver have been hit super hard the last couple of months and the fact that the Asian's have been buying all the physical they can get their hands on..... doesn't leave much to the imagination of what the truth is.

It seems we now have an official Default of an exchange for gold and silver!   When will the Comex put something out like this?

It will reapply later to trade gold and silver again with the Renminbi, but is ceasing all trading immediately.

There is no physical metals to be had from the exchange for anyone who put trades on it.  

Media Release from Exchange:

HKMEx Voluntarily Surrenders Authorisation To Provide Automated Trading Services

HONG KONG, 18 May, 2013  – The Hong Kong Mercantile Exchange (HKMEx) announces today it has decided to voluntarily surrender the authorisation to provide automated trading services (“ATS”) granted by the Securities and Futures Commission (“the SFC”).

With immediate effect, no new orders may be placed and all open positions will be financially settled at the settlement price determined by HKMEx and its designated clearinghouse.

The voluntary surrender decision was made to enable the Exchange to re-align its strategy with the new industry environment since its trading revenues have not been sufficient to support operating expenses and, as a result, its inability to meet the required regulatory financial conditions.
While trading on the Exchange will discontinue, HKMEx as an organisation will continue to operate with its existing staff, and will focus on developing new products including renminbi-denominated precious and base metals contracts that will better meet customer needs. It also intends to re-apply at an appropriate time for an ATS authorization to launch these products with stronger and more effective market maker programs.

“The favourable conditions under which HKMEx was founded have not changed. Global commodity demand continues to shift towards Asia as the region undergoes sustained growth, presenting great opportunities that we will continue to exploit,” said Barry Cheung, Chairman of HKMEx. “Our priorities now are to protect members’ interests by ensuring effective closing of open positions while strengthening our shareholding base and developing new products that play to our distinctive strengths.”

In closing out the open positions, the Exchange has developed a plan in consultation with the SFC to ensure the process is orderly and that investors are well informed of the matter. The Exchange will disseminate settlement prices to its members the morning of next Monday, 20 May 2013. Investors may contact the Exchange’s hotline at +852 3900 9898 for any assistance or enquiry.

Why I haven't been posting anything

I wanted to let everyone know, why I have not been posting anything.

I have been working on my house and renovating my master bathroom to be able to sell my home.

I have lived in this house for 12 years and now feel the need to free myself of it and everything I own.

Since the first home I ever purchased in 1990, I have accumulated a lot of "stuff".  I have come to the full realization, the "stuff" does not make me happy and only weighs me down. I do want to say,  I am grateful for being able to have beautiful items in my life and having a beautiful home but I am ready to change my life and way of living.

I made the decision last month to sell everything I own including my home.  I plan on getting rid of everything, including all my collector items/art work and very nice furniture.

I have been working on clearing out the junk and have gone to the dump many times with things and have now been trying to separate the "garage sale" items from the "collector items".  


I do have a beautiful home that I so thankful for in being able to live here and it does have the most amazing natural view of hillsides and the Smoky Mountains and yet I am right in the center of everything in Knoxville.  It is serene and homey and I have put my heart and soul into this home and it will be hard to leave, but it is time.

It is a very hard process and I am having to try and get it done by myself, which is makes it doubly hard.

I am still at the beginning stages of it all and am still trying to go through everything and trying to figure out how to sell the nicer items.

What do I want to do, once I sell my home?

I would like a motor yacht instead of a houseboat (what I first thought of and researched) due to being able to go out on the ocean with and go other places/countries if I want to.

I have been researching motor yachts for weeks now.  I can't buy an expensive one but I have found some older ones that are in my budget.  I have a budget (once my house sells) of $135,000 and would like a 60+ foot diesel engine motor yacht.   There are many from the 1970's that are in that price range.   I plan on taking a course of marine diesel mechanics, so I can work on the engine/engines myself when need be.

I lived on a sailboat in my teenage years down in the Caribbean and spent 2 years writing a book about the experience (not published).  At that time we had never stepped foot on a sailboat, but my parents sold everything we owned to move on one, yet our father abandoned us two weeks after the move.   It was the hardest experience in many ways of my life, yet it helped shape me to who I am today.  My mother and sisters and I found the strength and determination to learn, survive and eventually conquer our situation.  I hope one day to publish my book about that experience and maybe if I get the freedom from all my "stuff" and home, I will be able to re-edit it for the 100th time.

I strongly feel the need for Freedom. In fact, last year I posted about Feeling the Need for Freedom on the blog.  Now I am taking the steps to be Free of the stuff.

One thing I had to do was throw out all my "fear" items.  What do I mean by that?  I used to follow (years ago) a certain person that instills fear all the time with his supposed web language searching technology.   I had believed in it years ago, so I followed the "advice" and acquired a huge amount of food "stuff".  I had that stuff in a storage room, well I took about 4 loads to the dump of all the "fear" stuff.  I have found a wonderful release by doing that.  I released fear and I released a weight of stuff that kept me bound from Freedom.

So, all the above is taking up my time and will continue to do so, until I can clear my way through all the stuff and get things in order.


I am ready for Freedom!  I am ready for a change of lifestyle.  I am ready to release the things that bound me and keep me anchored down!

LET FREEDOM RING!  

Bizarre: Knoxville Tn. High School, half year long "Zombie Pandemic Project" and Idaho Zombie/UFO drill April 27th.

The Idaho Zombie/UFO crash drill is happening on the 27th of this month.  They have taken the information off the website it was on, when it began getting a lot of attention.   But it is still being held and a video about it, is below.

When I was doing some searches on other subjects I came across this information on a Knox County High School website.

The Hardin Valley Academy in Knox County, Tennessee has a Zombie Pandemic Project for the whole school.

This was based on a "virus" or something contagious being released from Oak Ridge Laboratory, which is just miles from the school.  The students have to figure out the solutions to the Zombie Pandemic.

Oak Ridge is where uranium is enriched and it is the science lab area for the U.S. government for nuclear and other experiments.

In my opinion, it is completely bizarre for a High School to have a Zombie Pandemic.  They state it is to make it fun for the students.

There are 4 academies that are part of Hardin Valley.  The STEM, Liberal Arts, Health and Science, and Business Law and Public Affairs.  They all had their assignments for the Pandemic and all of them are due this week.   

The Stem Academy had to do this as part of the project:

THE STEM ACADEMY:   Your battalion projects will focus on at least ONE of the following issues.  Within your 22 platoons (advisories), use the D-SCHOOL ENGINEERING DESIGN PROCESS to address at least ONE of the following issues: ·         Design and create:  an apparatus for containment, zombie-proof houses or buildings, zombie traps, a mechanism to reverse zombie-ism, a syringe that would deliver vaccine safely and effectively, a survival kit, a remote microchip to control zombies, a weapon to destroy zombies, a tracking device to collect and analyze data on zombies, a transportation plan to evacuate zombie laden areas, anti-zombie robots, or a mechanism that will address other issues created by the Zombie Pandemic. ·         What technology or science can be used to defeat the zombie pandemic?  If it cannot be defeated, how can technology be used to institute other options, for example colonization? ·         Design an apparatus that would aide in daily living, i.e. the production of food, the movement of people and products safely, the security of water resources, etc.

The Liberal Arts had to do this:

THE LIBERAL ARTS ACADEMY:  Your group’s project will focus on at least ONE of the following issues: ·         As liberal artist we have a responsibility to the global community and humanity.  Develop a plan that would allow you to provide badly needed services to your community, the nation, and globally.  What will your role be in making the world better and serving others? ·         How do we preserve our humanity through the Zombie pandemic?  What will society look like during and after the pandemic? What do we save from our current societies?  What do we let go?  What lessons did we learn?  What items and characteristics become valued within Generation Z? ·         How do ethics break down when dealing with survival?  Examine whether there be absolute right and wrong decisions.  What will society’s new “zombie ethics” look like? ·         How can grammar, rhetoric, and arts be used to bring about awareness and preparedness?  Create a “survival guide” with specific details, directions, and suggestions. ·         What art (either visual or performing) may be created from the conflict?  How will it reflect the emotional content and historic relevance of the conflict?

The Health and Science had to do this:

THE HEALTH SCIENCE ACADEMY:  Your group’s project will focus on at least ONE of the following issues: ·         How did this start? How can the spread of the virus be contained?  What precautions should communities take that have not been affected?  What do you do with the infected people? ·         How will the medical community respond to the Zombie Pandemic:  ethically, prioritization of tasks, treatment alternatives, communication of health concerns, prevention and response strategies, vaccinations, triage facilities, etc.  ·         After the Zombie Pandemic, what lessons did the medical community learn?  What methods would be instituted in a post-pandemic hospital?  How will medical care be different if we win?

Notice the "IF WE WIN" above.

The business Law had to do this:

THE BUSINESS LAW AND PUBLIC AFFAIRS ACADEMY:  Your group’s project will focus on at least ONE of the following issues: ·         What is the government going to do? How will laws change during this emergency?  What laws remain?  How might laws be enforced?  Who is going to enforce them? How might communities provide order and protection? ·         What lines of communication will be used?  What will those look like? ·         Will money, as we know it, be the vehicle to exchange for goods and services?  Will we be forced into a barter system?  What will that look like? ·         What businesses will be able to survive and/or thrive in a Zombie dominated world?  Create a business plan for such a business. ·         How did our government allow this to happen? Create government propaganda that would be used during the situation.  What would it convey?  How would we communicate it if traditional technological means are disabled? ·         How will food and water be procured and distributed?  What kind of utilities will be available?  How do you secure these survival services? ·         How will the economic face of the globe change?  Who will be the new economic powers?  Why?  What happens to the former powers?

Notice they say "CREATE GOVERNMENT PROPAGANDA TO BE USED DURING THE SITUATION"?

All of the documents have this information for each area of the school:

Competition/Contest:  On April 3, students will present their projects to their advisory.  These products will be judged upon completion.  Advisory teachers will then select the best representation of their academy.  Winners from each Advisory will be awarded for their efforts, creativity, and understanding of the academy purpose.  On April 10 and 17, each winning advisory representative group will present its project to the dean and administrator of the applicable academy.  From those presentations, the top three from each academy will be determined.  Those top three will then present a final time in the week of April 22-26.  The entire school will be able to see the products created by their peers during the following Advisory, May 1.

I actually find this very interesting as more and more "Zombie" pandemic drills are happening in  the U.S.  This school is close to Oak Ridge and they began the project in January.   Both of these accumulating in the same week is interesting too.   So, what is the deal with useing "Zombie" as the drills instead of pandemic of another sort?   The government has had "Zombie" drills in the recent past too. 

Here is the information about the Idaho Zombie Apocalypse happening this week, on the 27th. 

How many other schools have had a half year long project about a Zombie Apocalypse?

Rand Paul is a FRAUD and another Obama! He has committed Treason against his Father and Now U.S. Citizens. I have NO Respect for him at All!

First I believed in Rand Paul when he ran for the Senate in Kentucky.  I supported his run and win.

Then during the 2012 Presidential election when he committed Treason and was a traitor against his father by endorsing Romney, I never listened to another word he said until his epic filibuster..

He redeemed himself in my eyes when he accomplished the epic 13 hour filibuster which I actually watched more than half of.  I was thrilled he was standing up for all of us and the country. I became a Rand Paul supporter once more.

NOW.... he has committed treason against the U.S. people and he has nullified his epic filibuster by going directly against it.

Rand Paul says at 2:30 point of the video below "If someone is coming out of a liquor store with a gun and $50 dollars I don't care if a drone kills him or a policeman kills him."

WTF???!!!!  REALLY???

You - Rand Paul..... Don't Care if a drone is JUDGE JURY AND EXECUTIONER of someone ROBBING a store?   So someone should be KILLED for robbing a Store?

How Dare you..... believe drones should KILL people during a crime instead of letting a jury of their peers convict them!!!!   Also, who is to say the real robber didn't toss the person out with the gun, no one knows what the real situation is, until evidence is completely provided in a COURT ROOM!

You are not a TRUE Constitutionalist and you are a traitor, Rand Paul!!

I hope the people of Kentucky Vote You OUT!  I will NEVER support you, We can not TRUST you!  You are a true politician.   Not trustworthy, a player of the game and I have NO respect for you!





It is sad that all politicians in Washington are against the U.S. citizens.  There is not one person there who is really for our freedoms and liberty now.   We have lost our country due to allowing the politicians to do as they have without people being more involved from decades ago in what they were doing.

They are all owned by corporations and big business.   They are all puppets on a string that are controlled by their masters.  None of them are there for us, they are there for money and power.

We need REAL people in D.C.!  We need to somehow get all those asleep that are willing to vote for the same old tired and controlled D.C. official to see the light.  We need everyone of them out and vote someone who is not controlled and won't be bought in!

It is so frustrating that we don't have any real representation in D.C. and people we thought were on the side of the Constitution and Bill of Rights were/are just pandering for votes and selling the people down the river to the slave masters.

PLEASE KENTUCKY VOTE THE FRAUD, RAND PAUL OUT OF OFFICE!!  HE IS THE WORST OF THEM!  HE TALKS OUT OF TWO SIDES OF HIS MOUTH!  HE IS ANOTHER OBAMA - MAKES FALSE PROMISES TO THE  PEOPLE AND LIES TO GET ELECTED AND THEN DOES THE OPPOSITE OF EVERY SINGLE THING HE PROMISED!  

Jim Sinclair on King World News "Switzerland Bank Refused A Wealthy Person their Allocated Gold Stored" People's stored Gold at Banks not there.

Besides the countries that are trying to get their gold back from New York and London, wealthy individuals are beginning to want their gold.  I have a feeling they are going to want it even more now.

On King World News, Jim Sinclair told Eric King yesterday, a wealthy and affluent person Jim Sinclair knows, wanted their allocated gold, they had a Switzerland Bank storing for them out.  The bank has outright refused to give them the gold, saying due to "Anti -Terrorism and Anti -money laundering laws."

That is the excuse banks will give people no doubt in the future if they want their money or anything else stored.  I believe this will eventually get to safety deposit boxes.  We already know bank accounts are at risk now.

How many very wealthy people have gold stored in banks that is suppose to be allocated for them and they have been paying storage charges on?   How many are going to try and get their gold out and be told "No, sorry."  So... the banks will have the money for the gold, the gold and charge the customer storage fees every month for that "gold" but will never be able to see it or touch it?

The banks are out of Gold!

I believe things are going to get very interesting now.

The interview of Sinclair is at KWN.

People need to see the writing on the wall.  Anything you have in the bank, the bank can and will refuse you, when you want it back.  Get out of the banking system!  They are more desperate and what is yours, is theirs!  

I have not been able to find if Texas is able to get their gold from the N.Y. Fed, since it was announced they wanted it back in March.

We know that Germany is not even able to get 70 tons of the 300 + tons of their "allocated" gold from the Fed for 7 years.

Chavez of Venezuela was very smart asking for his gold back a couple of years ago.

Remember those who delay will lose out, those who act first win as Chavez did.   He will probably be the first and last of someone who won in getting their gold from the Fed or a Central bank.

I will say... if you have anything in a safety deposit box at a bank, get it out.

The government has now through "anti terrorism laws" can confiscate any safety deposit boxes without warrants or real reason and they can keep all items in it, including gold and silver and guns.

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”
Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.”

I will say again:  NOTHING IN THE BANKS IS YOURS!  NOTHING IS SAFE IN A BANK.  You will be keeping anything there at your own Risk!  

My interview of David Morgan Silver-Investor - Confirmed U.S. banks will go Cyprus. Paper prices separating from physical. Get metals while you can!

David Morgan, Silver-Investor.com  spoke to me this morning about the Federal Reserve Governor Jeremy Stein, coming right out and saying the U.S. will do as Cyprus if needed and take the creditors (depositors) money so a bank will not fail.  Your money in the banks is not yours it is the bank's money and when you signed the signature card, you acknowledge that.

The blue print has been established.

Great last minute interview with David and he provides Very Important information.  He points out Everyone needs to protect themselves, immediately.  The Physical market is tight now and getting tighter even in the U.S., get gold and silver right now while you can.

He says the U.S. citizens need to Wake Up and get smart and informed NOW!






UPDATE - 10:15 pm - CONFIRMS everything Jim has said.. Zerohedge about gold and getting hard to get physical. 

Jim Willie - Golden Jackass Information from his April Hat Trick Letter: Physical Gold Premiums will be $500 or more in the near future, Silver 40%. Dealers Sold OUT Now

Jim Willie, The Golden Jackass and writer of the Hat Trick letter is allowing me to publish a little of his April subscriber Hat Trick Letter.

Jim emailed me this information today along with an article (and link) about physical gold and silver being bought out and major dealers do not have any for sale now.

Here are a few paragraphs (with his permission of publishing here) from Jim's April Hat Trick Letter for subscribers only:

_______________________________________________________________________________

PREMIUMS FOR GOLD PURCHASES WILL RISE QUICKLY. THE PROCESS HAS ALREADY BEGUN. THE GOLD PREMIUM WILL EVENTUALLY BE $500 TO $600 PER OZ, LIKE IN A COUPLE MONTHS, MAYBE A LITTLE LONGER. THE DIVERGENCE WILL BE VISIBLE IN REALTIME FOR GOLD, BUT FOR SILVER IT IS ALREADY 40%. PUBLIC DEFIANCE WILL RISE AGAINST THE BANKERS, LIKE WITH PREMIUMS IMPOSED. WATCH FOR LAWSUITS RELATED TO THE ALLOCATED GOLD ACCOUNTS. WATCH THE BAFIN INVESTIGATION AGAINST DEUTSCHE BANK, WHERE OFFICIALS ARE SIGNING IN A CHORUS. $$$

A client close to the gold trade in Dubai United Arab Emirates has offered to provide a regular update on the DBX gold price. My hope is to be updated almost daily, but that is asking too much, since he is busy running an office. The premium reading is like an EKG for a man suffering a heart attack with monitors attached. He wrote on Friday and again on Saturday, shooting updates. He wrote, "No more physical Au available in Dubai. The big refineries tell people they might be able to fill orders for 100 kg bars in a week or two, but they might not be bound to the screen price. Premium now $18 over spot Gold price and rising (on Friday). We shall see $500 over spot not before long. Investment grade Ag is already trading at 40% over spot if you want physical in volume. Saturday here in DXB and the premium is now $25. There is no physical anywhere. Now the premium is $30 (one hour later)." 

For newbies, Au means Gold and Ag means Silver. Some simple math permits one to conclude that a $500 premium could arrive in fifty days if it comes at $10 per day. My belief is that the full premium will come more quickly, as the jumps will tend not to be linear. The traders in control of scarce inventory will sense the injustice and smell the destination of a true valid Gold price!!

The defiance against the criminal power jockey bankers will be visible in the open very soon, with public statements and calls for lawsuits and prosecution. Worse, the events and premium rise will be accompanied by direct formal action taken against thefts of Allocated Gold Accounts. Watch the German story, since the political response by their Parliament has begun for repatriation of their national account held (sold) by the New York Fed. The latest chink in the armor is a BAFIN investigation against Deutsche Bank in Germany. Several high level officials wish to avoid prison time, which motivates them to sing in a chorus tune. They are providing information on the $79 trillion in D-Bank derivatives, which permitted them to do illicit balance sheet extensions in the past. It is all tied to gold and the malfeasance behind the gold account management.

_________________________________________________________________________

Jim had sent me the below about physical demand of metals being off the chart.  

http://www.libertygoldandsilver.com/GoldandSilverBlog/?p=174

PHYSICAL DEMAND OFF THE CHARTS!

We are in the midst of experiencing two of the most radical weeks in the history of the precious metals markets. Paper prices for gold and silver, those prices determined by the fraudulently managed commodities exchanges (namely the COMEX and the London Bullion Marketing Association – LBMA) and regulated by the equally corrupt and complicit Commodities Futures Trading Commission (CFTC), have been driven into the basement.
Simultaneously, the available physical supplies of precious metals, especially silver, have suddenly nearly disappeared. Some of the most extreme shortages for silver in memory have caused premiums for all types of bullion and coins to skyrocket. Nearly all major wholesalers in the United States, and for that matter the world, are completely out of stock for smaller denominated silver rounds and bars, with no projected delivery dates in sight. This phenomenon is a worldwide event.
Here is a brief overview of the extraordinary world events highlighting the tremendous surge in precious metals demand.
India
Last week, the highly reputable Business Standard of India reported that there are “acute” shortages of gold in southern India. Reports the Standard, “Major jewelry manufacturing centers in southern India are facing an acute shortage of gold ahead of the wedding season despite the industry’s claim to have seen a record import of the yellow metal last financial year.”
Thailand
US ex-patriots living in Bangkok are reporting that gold dealers in that city are completely out of bullion products other than minor amounts of jewelry. These reports are stating that there is not one ounce of gold bullion available for sale! Dealers are taking orders but these are limited to 2.5 ounces per person.
China
Gold demand is surging. China’s domestic gold consumption is outpacing its internal production 5.5 to 1. China’s mining output was up 5.8% in 2011 but its domestic consumption of the yellow metal increased by 33%.
Hong Kong
Reports from Hong Kong have seen line-ups out the doors of precious metals dealers. Dealers are reporting massive buying with almost zero selling. Some dealers are reporting that they have sold more gold in one day than they normally do in three months with walk-up clients buying over a million dollars in gold with cash and taking it out the doors in gym bags!
Europe
Dutch Bank Shuts Down Gold Deliveries
Possible major shortages of its clients’ deliverable gold has forced Dutch megabank ABN Amro last month to dramatically change its custodian rules. ABN Amro announced March 24th that it “will no longer allow physical delivery.” Hysterically, ABN Amro account managers attempted to soothe their clients by saying, “You need to do nothing” as “we have your investments in precious metals.”
Major German Auto Manufacturer Hoarding Silver
It is being reported from Switzerland that a world famous German automaker is now resorting to storing thousands of pounds of .999 fine silver for perceived future shortages. The company’s purchasing manager has been quoted saying, “For some metals, like silver, there’s no such thing ‘just in time’ delivery anymore.” It has further been reported that this company is buying every available ounce it can in preparation for severe world shortages.
Switzerland to Buy a Stunning 1,000 Tons of Physical Gold?
A political movement inside Switzerland has acquired one hundred thousand signatures towards new legislation to eliminate future gold sales by the Swiss National Bank as well as to require the Swiss government to buy back immediately one thousand tons of gold that it already sold. If this becomes law, it will have a significant impact on tightening world gold supplies.
United States
16% of US Annual Silver Production Vaporized in Mine Collapse
A massive landslide at Rio Tinto’s Kennecott mine in Utah, on April 12, 2013, has wiped out five million ounces of annual silver production and five hundred thousand ounces of gold production. Taking into account that the US Treasury requires all US Eagles be manufactured exclusively with US mined gold and silver, the extreme shortages of these products can only increase.
US Mint Reports Massive Silver Sales
The US Mint reported that it has sold one 1.645 million ounces of Silver Eagles through the first six business days in April, bringing its 2013 total to an extraordinary 15.868 million ounces this year. This is on pace to completely crush the current annual record. Because of unprecedented demand, all dealers are on very tight allocations with almost all retailers as well as major wholesalers completely out of stock. Earliest expected shipments are at least 4 – 6 weeks out!
US Mint Gold Sales Setting Monthly Records
In April 2012, the US Mint sold 20,000 ounces of gold bullion coins. As of April 16th this year, the US Mint has sold over 50,000 ounces of gold and the month is only half over!!
Precious Metals Sell/Buy Ratio Going Hyperbolic
An unofficial but reputable survey of US bullion wholesalers is reporting a sales to buy ratio over 50 to 1. There are no forecasts for this to ease any time soon.
Huge Wholesale Premium Increases
Unprecedented shortages in silver have resulted in huge premium increases for silver dealers at all levels. Premiums for US Eagles and Canadian Maple Leafs have jumped $1 in the last week.
Premiums for “junk silver” are completely off the charts. It has been reported to us that buyers in areas such as northern New Jersey are paying an incredible $9 an ounce over spot for pre-1965 US silver coins. As far as we know, this may be the highest in history. Wholesale premiums for “junk silver” have risen 2,000 percent in the last six months. Most importantly, there is almost none to be found anywhere. Some dealers are taking orders with three months waiting time.
Zero Inventories at Major Private US Mints
Two of the largest silver bullion fabricators in North America, A-Mark Precious Metals of Santa Monica, California, and the NTR Bullion Group of Dallas, Texas, have just notified their retail dealers that they have suspended sales of most of their silver products. A-Mark has announced that it is ceasing taking orders for all its one ounce, ten ounce, and one hundred ounce rounds and bars. There is no projected date for resumption of sales!
Retail Coin Stores Completely Out of New Stock
It is being reported to us that the majority of local retail coin dealers are entirely out of stock of any silver products. Our unofficial surveys reveal almost no customers selling where buying requests are reaching a frenzied level. The silver shortage situation is fast approaching the extreme level currently experienced in ammunition sales. Basically, neither can be found!
Ladies and gentlemen, it is becoming patently obvious that world citizens are waking up fast to the inherent risks of fractional reserve private central banking, and the extreme threat that burgeoning government debt means for them. Wise people everywhere are no longer looking for yield but are seeking safety in ever increasing numbers. And, they are looking for it hard and fast. What they are finding is the ultimate safety for wealth protection, namely, gold and silver.

As I have stated before, Jim gives real information that everyone needs to know about what is really happening in the physical world of Gold and Silver.   

Edit to add - My Interview of David Morgan- Silver-Investor.com this morning 4/20/13 about Silver and the U.S. will Go Cyprus per Federal Reserve. 

UPDATE - 10:15 pm - CONFIRMS everything Jim has said.. Zerohedge about gold and getting hard to get physical. 

MSM - NRA "Supports" and behind Mass Murders and blames them for Boston bombing. Patriots are Terrorist

This is simply OUTRAGEOUS!   The MSM is saying the NRA is behind Mass Murderers and bombers and they are even blaming the NRA for the Boston Bombing.

Lawerence O'Donnell of MSNBC has outright blamed the NRA for the Boston Bombing and says they "Support" Mass Murderers not just of guns but of bombs too!

They are saying Patriots are Terrorist and anyone who believes in Freedom, Gun Rights and the Constitution is a Terrorist and possible Mass Murderer.





I AM A PATRIOT, I BELIEVE IN OUR FREEDOMS!  I BELIEVE IN THE CONSTITUTION OF WHICH THIS COUNTRY WAS FOUNDED!  I BELIEVE IN OUR 2ND AMENDMENT! 
I AM NOT A MASS MURDERER NOR A TERRORIST, SO STOP PAINTING ME AND ALL OTHERS WHO BELIEVE IN OUR COUNTRY, AS ONE!  

Pictures of Ron Paul in Knoxville by Franklin, a Professional Photographer. They are Awesome!

Here are pictures from the GOP Lincoln Day dinner with Ron Paul in Knoxville, Tn. on April 12th, 2013.  A professional photographer: Franklin, took Fabulous and some of the best pictures  I have ever seen of Ron Paul.  Franklin's information is below.  Video I took of Ron Paul and Truth he revealed.

Please contact Franklin about reproducing the pictures any where else on the internet. 

Pictures from Obama's Press Conference after Gun Control FAIL - Priceless Biden expressions Pouting

Obama had a Sandy Hook father introduce him for his speech after the Senate failed to pass the gun control bill.  Reid, from my understand was forcing the vote, believing he had enough to pass it.  Otherwise he would have not brought it to the floor.   Biden presided over the Senate vote, believing it would pass, I need to find video of it and his expressions.  Reid voted against the bill ONLY for procedure reasons, to be able to bring it on the floor once more.

The father, said they will not go away and they will fight on for "Sandy Hook Promise" for gun control.  He vowed to fight on and eventually win the fight for gun control.  

What is absolutely Priceless is the faces during the press conference.  Biden was hilarious the whole time with his arms folded and appeared to be pouting like a 10 year old who didn't get their way.  I Love his expressions, so I had to screen capture them!  

Obama was one teed off person.  :)  He made a mistake during his speech.  He said,  "If action by Congress", it wasn't a Congress vote, it was a Senate vote.  

He was reading off the screens, so I assume this was a speech he had planned on making after the Congress vote and that is why the mistake was made on his end.   It was a pre-planned speech, obviously.  

Here are some screen captures of the press conference, they are Awesome!  The People WON today, but the White House is Pissed off about it!  I LOVE IT!

Sandy Hook father introducing Obama

Here is the video of Obama's Upset speech from CSPAN, it doesn't show Biden though.  

VICTORY For the People today!  But this White House will keep going until they can get the second amendment wiped out!

The big question is.... Will Obama put together Executive Orders on his own now, to take away our Rights to bear Arms?

THANK YOU NRA!  Obama mentioned the NRA a few times!  He BLAMES THE NRA for the bill NOT passing!