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How Silver and Gold can save us from the collapse of the dollar

Silver and gold might not be as exciting or revolutionary as cryptocurrency.

But 5,000 years of history shows these precious metals are the ultimate lifeboat for a sinking ship.

If you are 100% certain of the future, if you have it all figured out, if you are entirely unconcerned about civil unrest, and a collapsing banking and monetary system, then there is no need to read on.

But if you have looked around recently, seen the world falling apart, and felt a complete lack of control – here is your ticket to sleeping a little easier at night. Continue reading

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The Guns of August: The 11th Day

DEheadlines_orig

Mortgage Mayhem Begins: Overall Delinquency Rates Soar As Housing Crisis Lurks
U.S. serious delinquency rate to quadruple by the end of 2021, pushing 3 million homeowners into serious delinquency… (Continue to full article)

The overdue correction begins: How much can gold price, silver price fall?
The highly anticipated correction in gold and silver prices has begun. But don’t despair, says Commerzbank, projecting for the precious metals’ rally to resume after some profit-taking has taken place.

Gold has kicked off its downward trajectory after a failed attempt at a new record high on Monday… (Continue to full article)

Nevermind record high gold prices, watch where it settles
If you look back to 1972 there have been two gold spikes: 1980 and 2011. And of course we are busy with one right now. But what is imporant: if you look post each big gold price hike there is a new base that is formed. What happens when gold prices run-up like this is that the paper money is at risk. And on top of that, you get a flight to safety… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

The Edge

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@morganapreciousmetals.com

…an utter train wreck!

$1200 Checks Matter! (Or, CARES 4.0 Stimulus Talks Stalled Because The Cartel Is Smashing SILVER Right Now And Risks TOTAL VANISHMENT OF PHYSICAL!!!)
The helicopter sits idle, because politicians just can’t bring themselves to dropping some crumbs on the proles until the hunger pangs really kick in…

A lot of hype has been made about Trump’s lastest Executive Order and numerous “Memorandums”, which aren’t even executive orders, even though they amount to a whole lot of nothing.

If you don’t qualify for the 400 bucks, however, for myriad reasons, even though you find yourself out-of-work, too bad for you!!! (Continue to full article)

The US Economy And The Global Economy Are Mortally Wounded
A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially…

Financial-political authorities and their paid cheerleaders are sparing no expense in assuring us the pandemic-triggered Greater Depression is a mere bump in the road and the recovery will be record-breaking, and they lavish excessive optimism on the triggers of this astounding recovery that’s just waiting in the wings: a covid-19 vaccine, a covid-19 treatment, herd immunity, etc… (Continue to full article)

Why The Fed Bugs Really, Really Hate Gold
Fed bugs are people with a faith-based belief in the power of central banks (and central bankers) to engineer economic growth using “monetary policy,”despite decades of history and current evidence to the contrary. They believe tinkering with inputs and rates and velocity and flows somehow makes us richer in terms of productivity, goods, and services. They believe in financial alchemy, as economist Nomi Prins puts it, rather than precious metals. They believe paper has value so long as government issues it and legislates its use. Most of all, they believe in technocratic control over money in the economy… (Continue to full article)

SILVER PRICE SURGE: Due To Physical Buying Not Paper Speculating
There is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating. We can see this in the falling Commercial net short position trend as the silver price continues to rise. Typically in the past, when the silver price enjoyed a price increase, it occurred as the Commercials increase their net short posting. However, it seems… that this time is indeed different… (Continue to full article)

This Global Depression Will Be Brutal – Tens Of Millions Of Americans Can’t Pay Their Bills And Are In Danger Of Eviction
Fear of COVID-19, endless civil unrest in major U.S. cities and a whole host of other factors have combined to plunge us into the worst economic downturn since the Great Depression of the 1930s. On Friday, the Labor Department announced that the unemployment rate in the U.S. fell to just 10.2 percent last month, and if that number was actually accurate that would be pretty good news. Unfortunately, it simply does not square with all of the other numbers that we have been seeing… (Continue to full article)

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Price: The International Monetary Process

The following is somewhat dated, but it indicates how little anything really changes. ~ Ed.

Hugo Salinas Price

A “system” refers to some activity that endures through time. Once a system is created and installed, the associated activity will be maintained for an indefinite period. This is possible, because all systems incorporate internal controls which correct the activity when it tends to go beyond certain limits or parameters. If the activity were not contained, the parameter would be violated, the system would become unstable and its activity would come to an end.

All systems have parameters or limits to their activity which ensure their stability and operation through time. Continue reading

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The Guns of August: August 8, 2020

DEheadlines_orig

“We’re Heading To Complete Financial, Moral, & Political Collapse”
This is a direct offense to anyone that’s built a modest savings account by exchanging their time for dollars. The time and effort put to obtaining these dollars is being stolen by the insidious process of central bank engineered money supply inflation. Year in and year out, these earned dollars will be worth less and less… (Continue to full article)

2020’s Economic Depression Is Becoming An Endless Nightmare For Millions Of Americans
There are so many people out there that want to believe that the future is going to be exceedingly bright… that it is just a temporary blip on the road to tremendous prosperity… It’s not!… (Continue to full article)

US Dollar Devalues By 99% Vs Gold In 100 Years As Gold Price Crosses $2,067
A world reserve currency is supposed to be superior in storing value, but through boundless money-printing the U.S. dollar hasn’t been able to compete with gold by a long shot… (Continue to full article)

[Got physical… close at hand?]

Let’s do something about that…

The Edge

Kettle Moraine, Ltd.
P.O. Box 579
Litchfield Park, AZ 85340
1 – 623 – 327 – 1778

gold@morganapreciousmetals.com

NIGHTMARE SCENARIO: The World Goes Backward 100 Years, Gold Assumes Its Crisis Role
If the world retraces a century of evolution or more, it is clearly in for at least 50 years of very hard times…

Abolishing paper money has been a planned process by governments and central banks. Firstly it makes bank runs impossible. The banks will simply just turn off the ATMs. They can obviously also stop electronic transfers. The most important aspect of electronic money is the Big Brother is Watching Syndrome. Now the state has total electronic control of the citizens money not just from a tax point of view but the state can decide to block individual accounts or to charge fines or taxes without the permission of the account holder… (Continue to full article)

Food Prices Rise To Dangerous Levels As “A Second Wave Of Layoffs” Hits The U.S. Economy
If prices keep going up like this, a lot of Americans are going to have to start cutting beef out of their diets because they cannot afford it…

You may have noticed that food prices have started to go up very aggressively. I repeatedly warned my readers that this is precisely what would happen, and more price increases are on the way. Fear of COVID-19 has sparked a tremendous amount of extra demand as Americans have feverishly stocked up their pantries, and at the same time the virus has made it very difficult for the major food companies to keep up. Over the past several months we have seen a large number of food production facilities close down temporarily, food supply chains have been thrown into a state of chaos, and grocery stores have found it increasingly difficult to keep their shelves full… (Continue to full article)

Governor Begs The Rich To Return To The State He Ruined!
New York Governor Andrew Cuomo is desperately begging rich people to return to the state and to New York City. He’s killed off the old people by sending Covid patients into nursing homes and he’s killed off the economy by shutting down, but he’s offered to cook a meal for any rich person who returns to the burned out shell of the former great city… (Continue to full article)

The chase for new all-time highs is not over
Gold price pullbacks or not, gold will continue to make new highs, eventually heading to $2,100 and higher, according to analysts. The levels being eyed range from $2,100 all the way to $3,000 for this year… (Continue to full article)

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Just remember that, Evil is Always EVIL!

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1980: Silver Thursday, or the end of the The Hunt Brothers Story

NOTE: The following article was written by Harry Hurt III and published in the September 1980 issue of Playboy Magazine. We previously published this column in June 0f 2012. The time has come to look back on history.

Sadly, the subject of this amazing tale passed away on October 21, 2014. I would love to have seen him jump back into this war.  ~ Ed

Nelson Bunker Hunt

In the Summer of 1979, an invisible hand reached out from an island in the Atlantic and quietly began tight­ening its grip on the world’s sup­ply of silver. The fingers of that hand extended to London, New York, Dal­las, Zurich and Jidda. But the only visible clue to its existence was a newly formed Bermuda shell corporation called International Metals Investment Company Ltd. That dull-sounding lit­tle trading company was not just an­other offshore tax scam but the operating front for a secret partnership seemingly capable of controlling the world price and supply of silver… Continue reading

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How is that dollar working out for you?

1978 (avg.) Spot Gold: $193.22

TODAY: $2,062.70

(“Today” figures will continue to change as markets yo-yo!)


NOTE: In 1978 it would have cost approximately 35.2 ounces of gold to purchase that truck. Today – it would cost approximately 19.39 ounces, leaving you a surplus of 15.81 ounces of gold in your possession. Net gain?: $32,611.29.

[Got physical… close at hand?]

Let’s do something about that…
Continue reading

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Copper Price History: A 2,000-Year Overview

“Take that copper!” ~ James Cagney, Angels With Dirty Faces,
Dir. Michael Curtiz; Warner Bros, 1938

Right off the bat, copper is a very different metal. Like gold, it’s easy to work with for relatively simple tools and technologies, but unlike gold, copper was (and is) quite common and easy to find. Copper has been mined and used for at least 10,000 years and likely vied with meteoric iron as the metal most used in tools.

Copper’s history as money, is a different story. While gold and silver have almost always been traded as inherent objects of value, the value of copper has often been tied to its utility; a copper knife blade, for example, was worth more than a similar amount of copper (as economic theory would say it should be). Given the low value of copper relative to gold and silver, governments were not always as concerned with making copper (or copper alloys, like bronze) coins available. Continue reading

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