everyone knows 2+2 = 22

I am coming to the realization that I might be insane.

Why?

Because I have heard Embry in person on several occasions. He impressed me as a genuine good person.

and because I believe what he said in your post is true – to the word.

Now what?    I will NEVER agree that 2+2=5

strange characters in some of the writings and pictures out of place….whats up Admin ?

Imagine, they want THEIR gold and the profits from THEIR oil too !

(God Bless Em)

Well, I figured if Macroman was gonna run WPOND Radio Station I might as well get me a job too.

Say, you are welcome to put in an application if you like. Looking to hire a few deputies.

If Obama aint learnt me but one thing, its never let a crisis pass by that you don’t take advantage of. Cast into a pond….come out smelling like some Deputies perfume. 🙂

By Greg Hunter�s USAWatchdog.com

Investment strategist John Embry says the market manipulation in physical gold and silver is coming to an end. How close? Embry says,”I think we are very close now in the sense that the physical supplies of both gold and silver are being diminished at a fast clip. I just saw Indian imports (for gold) were up 176% in the latest month. . . . Basically, all this gold and silver is headed from west to east, and I think this is a very, very disturbing development for people who live in the west. The timing of it remains imprecise. I think because of the take down in the paper market is so aggressive, at this point, that there is something that is going on behind the curtain that suggests to me that things are getting very close to reaching a head. We won�t know until it happens, but you got to be on the right side of the trade the moment it happens. You can�t be late.” Embry goes on to say, “I have never seen more negative sentiment in the sector at a time when both gold and silver are remarkably underpriced. I think gold and silver are as cheap today as anytime in their histories. This is in relation to the amount of money out there, the cost of credit, the cost of digging it out of the ground and etcetera. Nobody is interested in buying it, and to me, this is one of the great buying opportunities of all time.”

On the subject of missing the overwhelming take down in the price of gold and silver since it peaked in 2011, Embry admits, “I think what we missed, and I have been thinking about this a lot, we didn�t fully understand the extent of the new financial innovation. What you have today between derivatives, high frequency trading, algorithm programs and what have you, you can do amazing damage to markets and put them almost anywhere you want. The only thing that can stop something in the case of gold and silver is there is a physical context to it. It�s our opinion the physical supply of gold and silver is reaching critically low levels. When the day arrives, the pricing mechanism will turn over to the physical market, away from the paper market, and the people shorting the paper market are going to have a religious experience.”

On the price of gold going down to possibly $600 per ounce, Embry says, “I take exception to people who say gold will go down to $600 an ounce. If the price of gold went down that low, there would be no more gold mining activity. . . . Naturally, the paper shorts came up and crushed the (gold and silver) market at the beginning of September, and I think this will pass. The key thing is you must own physical (gold and silver) outside of the banking system.”

Embry thinks gold price suppression is a key factor in global monetary policy. Embry contends, “If the gold price truly reflected what is really going on in monetary policy today, I think real interest rates would rise quite significantly. Given the amount of debt that is polluting the world banking system, to me, this is the end game, and that�s why it�s so vicious in terms of suppression right now. When this turns, it is going to change a lot of things. That�s why they are being so aggressive on maintaining pressure on the gold and silver prices. Silver is especially suppressed. I don�t think you can dig it out of the ground for less than $25 per ounce. It�s not like gold. There is not a huge above ground inventory.” Embry adds, “I have never seen it any more intense in terms of pressure in the paper market, which indicates we are near the end, and there is something seriously wrong with the system.”

par for the course ,, and the hits keep coming

of course with the physical  bourse coming tomorrow in Hong Kong the boyz and girls of the hood  .. just trying to put some force behind the Yellon address to the comatose  congress and the brain addled inforcement arm …. a message to keep away from gold ..

“8,863 Dec. contracts dumped in 2 minutes starting at 2:00 PM, good for an $11 smack. But of course, should we expect anything else? Just another day in manipulation hell. Nothing like dumping 27.70 tons of paper gold into the Crimex to reinforce the illusion of a paper tiger while she bloviate..”

Oh yeah and tonight would make 98 of 102 down silver openings in the Access market cesspool.

Who cares if we’re really right if we’re getting our asses handed to us?

Well I’m proud if you. You managed not only to adjust to the pond but to get yourself a job too. Very clever.   🙂

Winedoc I must admit Monsieur’s do need their own space once in awhile. Lol

No Regrets 🙂

I love my shed, and the fact that I built it myself ……..

à demain

Winedoc

Good job on the Shed. Sorry about the other thing lol Helps to diversify even of it doesn’t make sense sometimes.

The REAL Reason Britain is Freaking Out About Scottish Independence

George Washington’s pictureSubmitted by George Washington on 09/17/2014 13:37 -0400

David Cameron and the British media have been freaking out about the potential Scottish independence.

They’ve blathered on about “history”, “common defense” and other red herrings.

But it’s really all about oil …

Specifically, if Scotland becomes independent, it gets to keep 90% of the revenues from its huge oil reserves.

The New York Times reports:

Scottish nationalists have long argued that being governed from London has deprived their country of its fair share of the wealth from Britain’s oil and natural gas fields, which mostly lie in North Sea waters off their shores.

“It’s Scotland’s oil” was the rallying cry in the 1970s that helped raise the profile of the Scottish Nationalist Party, which now leads the country and is pushing for a vote to secede in the referendum on Thursday. Alex Salmond, the politician leading the separatist movement, has pointed to North Sea energy as the treasure that would help finance an independent Scotland — ensuring that the country could continue the generous public spending, including free university tuition, that he is promising voters.

Al Jazeera notes:

Massive oil reserves in the North Sea are at the heart of the Scottish independence debate. Many are questioning whether the reserves are just for Scotland or if the rest of the United Kingodm should continue to benefit from their profits.

NBC writes:

The ‘Yes’ campaign … says Scots should have total control of their own affairs and that revenue from Scotland’s offshore oil fields would sustain the country’s economy.

In addition, as Max Keiser explained:

(1) The UK can now borrow cheaply using the giant Scottish oil reserves as collateral

(2) If Scotland leaves, the collateral (oil reserves) is no longer available

(3) So the cost of borrowing money for Britain skyrockets

Scotland’s North Sea oil reserves are slowing running out, and so oil won’t be such a valuable resource forever. But for now, it is still invaluable (especially as collateral for British borrowing) … and the key to Britain’s panic over potential Scottish independence.

http://www.zerohedge.com/news/2014-09-17/real-reason-britain-freaking-out-about-scottish-independence

That calls for a special coffee time.

Sold HD in 2009 ……… BOT SILVER

Home Depot

…….. Still, I built this “Shed” by hand 2014

…… not bad for a Doktor

……. Mrs Winedoc is calling

Later

WD

http://www.thewestwire.com/h-r-24-audit-the-fed-bill-passes-in-house/

..singlehandedly managed to manipulate the PMs down to a level not seen in a while.

and I bought another small slice of RBC Gobal PM Fund

-youse can’t selhi ifn you don’t bylo

“Observe, record, tabulate, communicate. Use your five senses. Learn to see, learn to hear, learn to feel, learn to smell, and know that by practice alone you can become expert”.    Sir William Osler

I know you have your eyes wide open and your senses sharpened …….

God bless the nurses ………. I know I love them.

Best Regards

Winedoc

                     yellen going to get a puff .. to keep the game alive

birds of a feather .. lol

Don’t see none at all… No No …Nope !

So pay attention. It is the DEFLATION that comes FIRST. Inflation NEVER appears first with nothing driving it. It has always been the expansion of government that unfolds FIRST that later manifests in inflation only when you cross that point of no return in PUBLIC CONFIDENCE. As taxes were raised on property, people began to vacate the cities. The population of Rome collapsed as property values fell due to rising taxes. Sound familiar? Only with rising taxation did people just start to migrate away from Rome.

74% of all Municipals want to raise Taxes – Hello DEFLATION!

You being a Doctor and all will have to keep it together. Every time it goes down even 5 cents the mud fights start to form amongst the bugs. Someone’s gotta be left to patch them up. Hope not but a pattern seen through time. Besides we all know the currency game is going into a death cycle while it try’s to take everything out with them. At what point won’t you be able to get it for one reason or another including bank freezes or EMPs or ever ending debt and taxes they pass on to everyone else.

next stop .. before BO comes to the rescue …with some more talk lol

or maybe not     hui ….is subject to the slings and arrows of gold ..

the gold market sucks .. right now .. weak hands are running for the exit