So its NOT the jobs report rotating the dollar lower, its the global master planners re-nudging the direction of the dollar, because dollar bull speculators in the futures market pushed it too high.
Smoke Coming Out Of The Wizards Shack, His Curtain On Fire…
Da boyz have got their work cut out this morning. Going to be fun watching them try and put gold and silver back in the bottle.

netdania one minute chart
holy moroni, batman! look at that son of a bitch run!
usd/jpy, falling off a cliff.
Wow Jobs Report Huge Miss
up 38K against expectations of 150K
Holy crap, the boys better get the metals under control quick
But…they dropped the unemployment rate to 4.7%….doesn’t compute
You might wanna keep this in watch mode too especially if Hillary wins.
Nuclear Terrorism coming to a town near you.
The Health Ranger, Mike Adams, has “just learned that the governments of Western Europe are helping their citizens prepare against nuclear terrorism” by encouraging their citizens to “stock up on iodine, and they’re even handing out potassium iodide pills to citizens.”
This isn’t surprising, given the fact that there are lots of nuclear power plants in Europe, and terrorists are known to be staking them out and planning strikes against them, probably in hopes of turning Europe into one giant Chernobyl or Fukushima.
The Health Ranger further says, “Thanks to the complete lack of border security in America, we also know that ISIS terrorists have entered the USA and are likely planning the same sort of attacks here.”
He adds that we citizens of the USA would be wise to “be on the alert against nuclear terrorism” just as a matter of personal survival and self-defense.
We could not agree more, as it is a cinch the president and Congress would like to thin the herd so to speak, and they don’t care how many of us citizens get killed so long as they and their families are left alone, which is why they keep the southern border wide open.
He urges people to prepare now and stock up on iodine, just in case there is a nuclear release or an act of terrorism committed near us. Although iodine won’t stop radiation, it will help prevent your thyroid gland from picking up radioactive iodine that may be released during an incident, thus preventing thyroid cancer later.
We also add that you’d be even wiser to plan now for your own personal “fallout shelter” in case of nuclear attack, and to buy your own radiation meter now, because its a cinch that once an incident occurs, you won’t be able to find — or afford — either a bottle of potassium iodide or a radiation meter.
Prices of both will go to astronomical levels, and that’s assuming you can locate one to buy.
(http://www.NaturalNews.com/, Thursday, May 2, 2016.”
Things you might not see in media
From my astute acquaintances at chembio.
It looks as though the nutball terrorist group, ISIS, in order to maintain its shock level and continue to terrorize people as much as possible, has been planning to “launch a deadly anthrax attack.”
Police in Kenya “have disrupted a cell of extremist medics linked to ISIS,” who were “planning large scale attacks akin to the Westgate Mall attack (September 13, 2013, 67 people killed) with the intention of killing innocent Kenyans.”
The disrupted network of nitwits included medical experts “with whom they planned to unleash a biological attack in Kenya using anthrax.”
Experts consider this the “latest indicator that ISIS remains intent on using biological weapons against civilians” and ought to be a harbinger of things to come in America, given our Muslim president’s fear of calling a terrorist a terrorist.
The group with these big plans seems to have been composed of various medical interns, who rather than use their knowledge to heal, seem intent upon using it to kill as many people of the “wrong religion” or the wrong denomination of their own religion as possible.
Many experts are concerned that new recruits to ISIS and al-Qaeda will “be used to launch attacks on western targets in Kenya and neighboring countries.”
We figure this problem won’t be solved until the United States either gets out of the Middle East and lets the Muslims resume killing one another, or it turns the offending areas into radioactive parking lots.
Either way, the rest of the world will benefit and there will be fewer of the terrorists rattling around to bother innocent people.
(https://thehornnews.com/, May 5, 2016, 2016.)
This is what happens when you have a president that is asleep at the border
More protesters thrashing the Flag and saying America isn’t great and that Calif is Mexicos. That their plan is to take over. These are the poor immigrants just looking for a better life.
The INS ” immigration authorities ” should be at Trump’s rally’s and save them the trouble looking for them. In Sacrmento it went pretty smooth. The police and the people weren’t gonna put up with it they sensed it and they dispersed. Unlike these other place the police overwhelmed apparently and dont arrest and deport.
VIDEO: Anti-Trump Protest Rips up Flag: ‘America Was Never Great! F*** Donald Trump and His Hate!’
http://www.breitbart.com/california/2016/06/02/donald-trump-america-never-great-f-trump-hate/?utm_source=facebook&utm_medium=social
One of these times the rabbit will NOT be pulled out of their as#.
Where Will the Gold Come From? COMEX Looks To Be Short 50 Tons of Gold for June Delivery!
Submitted by Bill Holter:
As you know, May COMEX gold which traditionally is a non event was anything but this year. Last year, a total of 2,500 ounces stood for delivery, this year the number was 221,000 ounces. The amount standing on April 30 was 5.6 tons which steadily grew throughout the month to 6.89 tons. This “growth” throughout the month is something that has never happened before to my knowledge.
Now we get the first notice day for June and it’s a whopper! 15,493 contracts are standing for delivery which equates to 1.5493 million ounces or 48.193 tons (last year June had 26.3 tons stand for delivery which bled down during the month). COMEX claims 23 tons of registered gold. There appears to be 17 tons from prior months PLUS the 6.8 tons of May standing that this 23 tons will need to service. The 48 tons for June is EXTREMELY heavy, what will happen if June copies May and the amount standing grows by 20%.
Where will this gold come from?
As I wrote last week, the “buyer(s)” seem to be different for the May expiration. Rather than the amount standing bleeding down during the delivery period, it increased steadily all month. In the past, it has been my and others’ contention that COMEX was paying premiums to make those standing for delivery go away. It has made ZERO sense at all for longs to fully fund their accounts to make purchase and then mysteriously evaporate and go away. The only thing that makes sense is premiums were offered and accepted. This strategy appears to have failed miserably for May. It is possible that those standing for June gold, saw what happened in May and now have queued up in fear.
This bares watching very closely.
COMEX looks to be nearly 50 tons short of what needs to be delivered. Can they entice “eligible” (stored customer) gold to move and serve delivery?
We will know shortly!
I might add on a separate topic, OPEC has a meeting this Thursday. We have speculated Saudi Arabia would at some point announce they will accept yuan for oil settlement.
What would an announcement such as this do to a lopsided delivery for COMEX gold?
Standing watch,
Bill Holter
Maddog
If those peasants don’t have any bread … why don’t they eat cake?
What did I say the Banque de France thinks about the Scum partying on Lloyd’s tab in the Hamptons
that they would pay off the French deficit….well here is proof….prepare to hurl…
Meanwhile In Southampton… $27,000 Bottles Of Champagne
http://www.zerohedge.com/news/2016-06-02/meanwhile-southampton-27000-bottles-champagne
farmboy…
I would swear by sprott pm trusts. but I think its more for the holdings long term and not a tradeable. its especially good for holding silver which is real difficult in hand for storage of glumpy bars that come 20 to a pallet and you need a forklift too. rather have sprott store the silver and yes an honest etf fund doing a silver or gold or platinum trust take your pick. my silver holding is in the silver trust imo a very secure etf. in fact I hold the cert in trust to my grandkids. that’s how sure I am of the integrity of sprott funds and trusts. hope this helps. wankajohn wj
food…
-
THE FOUNDATION
“[T]he government of the United States is a definite government, confined to specified objects. It is not like the state governments, whose powers are more general. Charity is no part of the legislative duty of the government.” —James Madison (1794)
- wj
A contrary view makes this bullish, or at least provides a bottom
Option buyers are 4 to 1 in favour of puts in the miners.
As mining stocks rally, option bears are on the prowl
http://finance.yahoo.com/news/mining-stocks-rally-option-bears-152511994.html
Farmboy @ 13:44…. A Man’s Gotta Do What A Man’s Gotta Do!!
But if you gotta do it, please go over to Sprott and investigate their ETF’s. At least you won’t be providing ammunition to the enemy to use on us the way Obama has been providing it to ISIS.
Let your conscience be your guide Man. It’s not worth selling your soul to the devil for a few dirty dollars……and just remember my Friend….what goes around comes around!!
All The Best from Silverngold
Farmboy… ETFs?
Egad! I thought we raised you better than that around here!


Silver Train

Springtime in the Rockies
as the California Zephyr climbs the Sierra Nevada
http://www.railpictures.net/photo/578217/
Ororeef @ 11:22
I already have about 30 Canadian juniors so I’m quite familiar with that slice of the market, but thanks for the advice!
silverngold , Guess I Have Gone Off The Range,
I agree that holding a ‘core’ of solid miners is a must in hopes of gaining some reward in the future. And taking some profits along the way to purchase the best investment of all, physical ounces.
What I am looking to do for the moment, is to find ways to hasten the profits in my account and IF etf’s can provide the needed leverage I intend, with some luck, to take some of that bankster fiat and add to pile of ounces. In other words, Im going to change my buy em and hold em strategy in part to a more mercenary approach. Hopefully hit em for a few bucks and get out, to live another day. So far, my experience has been touch and go with the etf’s. Partly because I am new to that particular vehicle, and also in part because as you and Ipso point out, it is a rigged game and Im not sure I still understand the rules. Which appear to be stacked in their favor.
Thank you for your input. If I discover any chinks in the Wall St armor I will let you know. (grin)
Mike Swanson on Soros and GOLD…..Worth a few minutes to read!!
Here is the June issue of WSW monthly for
you in PDF:
http://clicks.aweber.com/y/ct/?l=C5vlD&m=3c_533CWayivQ7z&b=njvQS3CEzzdw4xQJoW1AJQ
-Mike
Farmboy and others on ETF’s
This is my opinion and I have yet to see anything to change my mind. As Ipso stated, ETF’s are nothing but derivatives!! Aside from Sprott, they were created by ENEMIES of PM’s, not their friends. They were created by banks and brokerages for the purpose of controlling whatever sector the ETF represents for the profit of the institution that created them. The key word in the charter of all these ETF’s is TRACK. They all state that they TRACK the stocks their ETF represents. Nowhere do they say they own or buy the shares they represent, although it is possible they could for the purpose of shorting the stocks in the ETF’s they track thus nullifying your purchase. So IMO these ETF’s, aside from Sprott, are nothing more than giant slush funds to control the markets, and I personally refuse to play their game.
Far better to buy the actual stocks that represent actual ownership in the sector. To do otherwise is just shooting yourself and everyone else in the foot. All in my Silverngold opinion!!


