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GUEST POST: Was the Greek Development Already “in the Market”? […NOPE!!!]

by Bill Holter,

Now that we know Greece will default, where do things go from here? Before getting to that very tough question (with no concrete answers), I would ask another stinging question. “Was a Greek default really “already in the market”? I have to chuckle just a little as Zerohedge did an article quoting many “talking heads” who as of last Friday were still doing their best Bruce Willis imitations and advising “come out to the coast, we’ll have a BLAST”! How Could The “Greek Experts” Be So Wrong?

As I questioned last week, a Greek default and Eurozone exit was in no way already factored into the market …unless you believe today’s carnage is a result of Puerto Rico ‘fessing up to their bankruptcy!

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The Financial RESET & Triple Digit SILVER — CEO Keith Neumeyer


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.

Minimum Wage Helped Destroy Puerto Rican Economy

from Peter Schiff:

Gross Says Hold Cash, Prepare For “Nightmare PANIC SELLING”

from Zero Hedge:

…”Mutual funds, hedge funds, and ETFs, are part of the “shadow banking system” where these modern “banks” are not required to maintain reserves or even emergency levels of cash. Since they in effect now are the market, a rush for liquidity on the part of the investing public, whether they be individuals in 401Ks or institutional pension funds and insurance companies, would find the “market” selling to itself with the Federal Reserve severely limited in its ability to provide assistance.”

“That an ETF can satisfy redemption with underlying bonds or shares, only raises the nightmare possibility of a disillusioned and uninformed public throwing in the towel once again after they receive thousands of individual odd lot pieces under such circumstances.”

Read More @

Greece Shows Importance of Gold as Europeans Buy Coins and Bars

from Gold Core:

Demand for gold coins and bars from European investors has increased significantly in the past month as the Greek crisis enters a new phase.

As reported in our statement – to which Bloomberg referred in their piece – we saw a significant increase in demand from the U.K. and Ireland yesterday where sales of coins and bars were three times the average of the previous three Mondays.

The Royal Mint said that Greek demand for coins in June was double the average for the last five months and the U.S mint saw the highest sales of bullion coins since January.

Read More @

All Hell Now Breaking Loose – This Crisis Will Rock The Global Financial System To Its Core

from KingWorldNews:

James Turk: “The inevitable finally happened, Eric. The Greek financial system is collapsing. We can’t say yet that it has “collapsed” because we are not there yet. The collapse is just beginning. At this time, we do not know where all the pieces will fall….

I’d like to go back to the 2008 crisis to put what is happening in Greece into perspective. The collapse of Lehman Brothers in September 2008 is widely used to define the date of that crisis. But the writing was already on the wall that an earth-shaking financial event was due even before Lehman collapsed. So where did the 2008 financial crisis actually begin?

James Turk Continues @

JIM ROGERS – Greece Will Collapse & People Will Be Terrified

from EliteNWOAgenda:

Is the Chinese stock market bubble finally bursting?

Shanghai composite and Shenzhen composite down 7.4 and 7.9 percent respectively in one day.


The Chinese stock market has been one of the hottest tickets lately.  The US stock markets might seem overvalued but in comparison to China with relatively new financial checks and balances, the US looks like a conservative old timer.  Stocks in China are already deep into ridiculous pricing territory.  You have an army of uneducated investors diving in hand over fist trying to get a piece of the action.  In the US, there is little activity in the stock market from our massive low wage labor pool.  In China, from poor to wealthy stock speculation is now taking the baton from the boring correcting real estate market.  On Friday, all stock markets in China took it on the chin.  The two largest exchanges with the Shanghai composite and the Shenzhen composite fell hard, 7.4 and 7.9 percent respectively.  How bad is that?  Imagine the Dow Jones Industrial Average losing 1,300 points in one day.  That is how bad it was in China on Friday.

Read More @

Silver Squelchers SIXTEEN & Their Interesting Associates

[Note: #16 in the incredible Silver Squelchers research series is 119 pages long. It’s essentially an entire book of its own, offered for FREE to SGT Report readers, courtesy of the one and only Charles Savoie. Please PRINT THESE OUT and save them! ~SGT]

Members Involved With Oceanic & Maritime Affairs

by Charles Savoie, Silver, via SGT Report:

“Founded in 1902 in London and the following year in New York, the Pilgrims Society seeks to promote good Anglo-American relations. It has an elite membership of politicians, diplomats, businessmen, and writers.” Most of their identities must be kept unknown to “promote good Anglo-American relations?” We are reminded of Samuel Johnsons (1709-1784) warning, “Where secrecy or mystery begins, vice or roguery are not far off.”

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Controversial autism vaccine researcher found dead from suspicious gunshot ‘suicide’

by Kali Sinclair, Natural News:

Dr. Jeff Bradstreet’s body was found floating in the Rocky Broad River in Chimney Creek North Carolina. A handgun was found in the river. Deputies say the gunshot wound to his chest appeared to be self-inflicted.

When suicide occurs, there are always questions. The reason why is, of course, the first. Was the person facing prison? Divorce? Public humiliation? Even if the reasons are never found, we are rarely left questioning the means.

The means are a combination of availability, seriousness of intent, and knowledge of anatomy. For men, the most likely means is a firearm – 56% in fact. Most have the sense to shoot themselves in the head. Self-inflicted shots to the chest are often survived.

Read More @

What in the World is Going on at the OCC???

by Bix Weir, Road to Roota &

The Office of Comptroller of Currencies has just released their latest report on derivatives for the first quarter of 2015 and it is absolutely….different.

OCC Derivatives Quarterly report

Other Precious Metals (ie Silver)    4Q 2014      1Q2015

JP Morgan                                        $10.7B         $13.4B

Citibank                                            $3.9B          $53.0B

Obviously, there is either a GIGANTIC mistake or big change on the latest OCC Derivatives Report or Citbank has just broken every law known to man and added a concentrated silver position larger than THREE YEARS worth of global silver production at 2.7 Billion ounces of paper silver.

Read More…

Richard Grove – How The TPP Came From The U.N and Agenda 21

from WeAreChange:

Is Greece Precursor to Global Crash? Banks Shutdown, People Hoarding Food & Gas, Social Unrest Fears

from Off Grid Survival:

What’s going on in Greece right now should serve as a warning sign for the entire world.

For the people of Greece, it’s far past time to prepare for the coming storm. Walk down any street in Greece and you will see people panicking, trying to buy up last minute supplies, or waiting for hours in line at an ATM that stopped spitting out money days ago. In Greece, the global financial meltdown has hit center stage.

Stunned Greeks, or at least the ones who ignored warnings, sit overwhelmed as the country’s banks shutdown, super markets are stripped bare by panicked and unprepared residents, and the country plunges into crisis. The deteriorating conditions comes as Greece is about to default on their debt.

Read More @

Capitalism Has Devolved Into Looting

from Paul Craig Roberts:

…when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed. – Ayn Rand, “Atlas Shrugged”

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

Ayn Rand is a pariah among those who believe that government is our benefactor. There are times and conditions when government can be a benefactor of the people. But not in the Western world at the present time. As Michael Hudson and I agree, Western central banks refuse to create money to finance economy recovery. Money is created only for the benefit of the oligarchs’ banks in order that the oligarchs can continue to control the governments.

Read More @

Gold Vs Debt Default – Peter Schiff & Mike Maloney (Part 5)

from WhyGoldandSilver:

The One Thing Nobody Tells You About Hunting

from Ready Nutrition:

As preppers, we know how important hunting is. We know it’s a crucial part of surviving any situation that lasts more than a few days. Heck, most preppers probably are hunters, or have done it at least once before. But for those of you who haven’t, there’s a dirty little secret about hunting that I’d like to share with you.

I’m by no means a veteran in this department. I’ve only hunted on a few occasions in my life, but I’ve done it enough to know the most important thing every beginner should know before their first time. And no, it has nothing to do with marksmanship, or how to stalk prey, or how to clean the animal afterwards, even though those are also really important. Despite but despite how important this fact is, I also suspect that it is the one thing most hunters won’t, or don’t want to talk about.

Read More @

THE SILVER CHART REPORT: The Coming Explosive Silver Price & Market

by Steve St. Angelo, SRS Rocco Report:

As the price of silver skyrockets during the next global financial collapse, the Silver Market will become one of the world’s most explosive markets in the future.  The Silver Chart Report is a must-read for the new and experienced precious metals investor.

Read More…