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GUEST POST: “Greek Fire” Contagion Spreads Through Europe

from Wealth Watchman:

Syriza Lights the Molotov Cocktail

Well, brothers, it has finally begun.  The moment that all of us “crazy” stackers have stacking silver for in the first place, has now arrived: the beginning of the end of Bretton Woods II, is upon us.  For the Greek referendum(which I predicted over 6 weeks ago) has now been announced, and officially approved.

What more is there to say that hasn’t already been said?  Everything is about to change.  So many aspects of life that literally everyone you know(and perhaps even you yourself), takes for granted, are about to shift gears forever.  It’s not that big of a deal though, right?  Everyone’s prepared for this titanic collapse already, aren’t they?

Read More…

The Financial RESET & Triple Digit SILVER — CEO Keith Neumeyer

by SGT, SGT Report.com:

Keith Neumeyer, the outspoken and courageous CEO of First Majestic Silver and Chairman of First Mining Finance joins me to dissect the obscene levels of precious metals manipulation by the international banking cabal. Neumeyer has led the charge to expose the manipulation of silver via the paper markets and in 2014 suggested that silver mining companies ban together to form their own OPEC style “cartel” and withhold PHYSICAL silver production from the market. However, to date NOT ONE other mining CEO has had the will, tenacity or courage to join Neumeyer or even respond to him in any way. Mr. Neumeyer has since joined Ted Butler and GATA’s efforts to get the CFTC to take action to put an end to the criminality on the Comex as it relates to the manipulation of silver’s price.

Wealth is moving from West to East… The world is changing and people need to be aware of that change in order to protect themselves and I think having precious metals in their portfolio is critical.” – Keith Neumeyer

Mr. Neumeyer joins us today to discuss all of these issues and much more. Thanks for tuning in.

THE SILVER SQUEEZE: Comex is Losing Control — Kranzler

by SGT, SGT Report.com:

Dave Kranzler from Investment Research Dynamics is back to discuss the treachery of the United States Congress and Senate who have betrayed the American people once again by approving the fast tracking of the TPP, which Dave says is the death nail for the American middle class.

We also cover the all-time high silver open interest on the Comex, the Cartel is piling on new paper shorts at record levels and Dave says, “This is potentially building to the mother of all short squeezes, and I think the fact that they keep piling on more and more naked short interest on the Comex tells us that they’re losing control of this.”

Keith Neumeyer – Supply Crunch Coming In The Mining Sector

from FinancialSurvivalNetwork.com:

Keith Neumeyer has created two billion dollar mining companies, First Quantum and First Majestic. Now in the depths of the mining depression he’s looking to start another, First Mining Finance. Keith believes that the sector has to recover at some point because of the growth picture in other parts of the world. Presently there’s no shortage of opportunities and the key is sticking to the discipline and making sound investments in good jurisdictions with good ore quality. Then it’s just a matter of sitting back and waiting and letting the market prove Keith right yet again.

Click Here to Listen

The euro crisis

by Alasdair Macleod, Gold Money:

Before going into why, a few comments on Greece will set the scene.

Last weekend it became clear that Greece is heading for both a default on its government debt and also a failure of its banking system. With the benefit of hindsight it appears that the Greek government was unwilling to pretend that it was solvent and extend its financial support as if it was. The other Eurozone finance ministers and the troika were not prepared to accept this reality.

There is no immediate benefit from debating why. What matters now are the economic and financial consequences, which are basically two: the Eurozone’s banking system is very fragile and cannot absorb any sovereign default shocks easily, and the ECB itself now needs refinancing. Let’s concentrate on the ECB first.

Read More @ GoldMoney.com

Greece WILL DEFAULT To IMF Tomorrow, Government Official Says

from Zero Hedge:

Earlier today, as the exchange between Greece and its creditors got increasingly belligerent, Estonian Prime Minister Taavi said that “Greece’s debt would still remain outstanding and creditors would expect this money back.” So did this latest antagonism change the Greek mind? According to a flash headline by the WSJ released moments ago, not all. In fact, Greece just made it official that it would default to the IMF in just over 24 hours: “Greece won’t pay IMF tranche due Tuesday, government official says”

Read More @ ZeroHedge.com

The Collapse – Red Alert Issued

from Realist News:

SCOTUS same-sex marriage decision may have just legalized the concealed carry of loaded firearms across all 50 states, nullifying gun laws everywhere

by Mike Adams, Natural News:

The legal argument of gay marriage proponents is that because gay marriage is legal in a majority of states, that “right” cannot be infringed by the remaining states which opposed gay marriage. The U.S. Supreme Court, in granting this new, nationwide right to gay marriage, cited the Fourteenth Amendment of the Constitution, Section 1, which states:

No state shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any state deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.

Read More @ NaturalNews.com

ALERT! Capital Controls in Greece as Banks Shut Down To Stop BANK RUN

from The Money GPS:

The Troika Intends to Suffocate Greece. Threaten an “Uncontrollable Crisis”…

from Global Research:

The Central Bank of Greece surprised everyone with the publication of their monetary politics for 2014-2015. Besides revealing the consequences of the economic suffocation imposed by Brussels, it concluded that in case of not getting to a prompt deal with its European partners, a crisis of great proportions will be detonated.

“A crisis with a manageable debt as we are currently facing with the help of our partners will transform into an uncontrollable crisis, with great risk for the banking system and for the financial stability”, it quoted[1]. It was the first time this institution seriously contemplated Greece’s separation from the Eurozone.

Read More @ Globalresearch.ca

Don’t Panic, The Fed Is Control Of The Markets

by Dave Kranzler, Investment Research Dynamics:

There’s no such thing as markets anymore – only interventions. – Chris Powell, co-founder and Treasurer of GATA

If today’s market action does not convince the last skeptics that the U.S. financial markets are completely rigged, nothing will.

The action in the U.S. markets today after the Greece/EU situation hit a wall today demonstrates the degree of control the Fed and the U.S. Central Planners have over the markets now. The S&P 500 futures opened down 30 points when global electronic trading opened Sunday evening. Gold and silver spiked up. Both markets began to reflect some degree of the risk to the global financial system posed by Greece’s potential financial collapse.

Read More @ Investmentresearchdynamics.com

HITLERY 2016 – A Hillary Clinton administration would start WWIII

from Webster Tarpley Radio:

Chaos In Greece Triggers Major Turmoil In Global Markets

from KingWorldNews:

With the dollar trading lower on the heels of continued chaos in Greece, today a legend in the business sent King World News a powerful piece discussing the turmoil in global markets being triggered by the ongoing Greek tragedy.

From Art Cashin’s notes: Overnight And Overseas – While all eyes are on Greece this morning, perhaps we should also keep an eye on China and Iran. The PBOC cut rates and reduced reserve requirements. In response, Shanghai went on a roller-coaster but ended up down 3.3%. Next couple of days could be critical. The official Iran nuke deadline is tomorrow. That looks impractical but there are limits to how far the can can be kicked.

Michael Pento Audio Interview @ KingWorldNews.com

Vaccines, Junk Science & The Very Mysterious Death Of Dr. Jeff Bradstreet, The Doctor Who Linked Vaccines To Autism

from Infowars:

Read More Mysterious Death: Body of Doctor Who Linked Vaccines To Autism Found Floating in River

Gold Fund To Serve The New Strategy Of The Silk Road, Lead The New Gold Development

by Koos Jansen, GoldSeek:

Not surprisingly there is little official documentation on the recently launched Silk Road Gold Fund. However, the translation below (original article published on ifeng) provides an intriguing insight at what this Fund is about. On May 22 Chinese financial policy makers from the PBOC, Chinese gold industry executives from commercial banks, mining companies, the Shanghai Gold Exchange and the China Gold Association together with representatives of the Western gold industry discussed gold’s future role in finance and how it will serve the New Silk Road Initiative.

Representatives from gold and financial institutions talked freely about bringing gold’s superiority into full play, seizing the historic and strategic opportunity of the “One Belt And One Road”…

Read More @ GoldSeek.com

Frugal Prepping: 30 Survival Items You Can Get at the Dollar Store

from Ready Nutrition:

Preparing for disasters can be costly if you have to purchase everything at once. Many preparedness enthusiasts prefer the less stressful route in prepping a little at a time. That said, our monthly budgets sometimes do not allow for expensive, top of the line purchases. That’s when you have to get creative.

When my family rode out the aftermath of Hurricane Ike in 2008, we were off the grid for two weeks and used many emergency items purchased from the Dollar Store. At the time, we were paying off lofty debts and didn’t have the money to buy brand name items. Many of the items I purchased, I outlined in the first week of 52-Weeks to Preparedness, but there are many more Dollar Store finds that I wanted to list today.

Read More @ ReadyNutrition.com

And So It Begins – Greek Banks Get Shut Down For A Week And A ‘Grexit’ Is Now Probable

by Michael Snyder, The Economic Collapse Blog:

Is this the beginning of the end for the eurozone?  For years, European officials have been trying to “fix Greece”, but nothing has worked.  Now a worst case scenario is rapidly unfolding, and a “Grexit” has become more likely than not.  On Sunday, the European Central Bank announced that it was not going to provide any more emergency support for Greek banks.  But that was the only thing keeping them alive.  In order to prevent total chaos, Greek banks have been shut down for at least a week.  ATMs are still open, but it is being reported that daily withdrawals will be limited to 60 euros.  Of course nobody knows for sure if or when the banks will reopen after this “bank holiday” is over, so needless to say average Greek citizens are pretty freaked out right about now.  In addition, the stock market in Greece is not going to open on Monday either.  This is what a national financial meltdown looks like, and the nightmare that has been unleashed in Greece will soon start spreading to much of the rest of Europe.

Read More…

Central Bank of Central Banks Says “The World is Unable to Fight Next Global Crash”

by Mac Slavo, SHTFPlan:

According to the Bank of International Settlements (BIS), the shadowy “central bank of central banks,” the world as it stands is incapable of combating another global financial crash – a crash that there is every reason to think is coming.

That’s because the economy remains in the hands of the Federal Reserve and other central banks. The financial wizards in THIS VIDEO went so far to say that “we are all slaves to the central banks.” It wasn’t exactly hyperbole.

According to the BIS, central banks have already “used up their ammunition” by driving interests to below zero, freezing investment for the important stuff like production and infrastructure, and instead fueling huge bubbles for wonder kids on Wall Street to play in.

Read More @ SHTFPlan.com