We Are Very Late In The End Game – “It’s Close To Game Over”

We Are Very Late In The End Game – “It’s Close To Game Over”

from KingWorldNews:

http://kingworldnews.com/kingworldne...peimage_22.png There are serious strains in the (gold) system. I’ve never witnessed such a serious strain in my lifetime in terms of the backwardation of gold, and in terms of the lease rates being negative for such an extended period of time. This suggests that there are two forces at work: One is that there are serious strains in the system — that the bullion banks are struggling to come up with the physical gold for spot delivery that the market demands.

The second is that trust is also leaving the system.

William Kaye continues @ KingWorldNews.com

August 15th, 2013 | Category: News

http://sgtreport.com/2013/08/we-are-...-to-game-over/

Shorts Getting Slaughtered. Got PHYSICAL?

http://sgtreport.com/wp-content/uplo...1/09/bull1.png It’s clear the game is changing, right before our eyes. The entire world is waking up to the paper precious metals scam perpetrated by the international banking cartel, central banks and bullion banks.

Despite the morning take down, silver has popped more than a buck from morning lows, and gold more than $50. The shorts are taking it in the shorts.
Silver is now up some 27% from its recent print low at $18.53, according to Elliot Wave Technology.

Cash (and paper promises) is trash. And physical inventory in hand is the only game moving forward. China knows it. India knows it. Benjamin Shalom Bernanke knows it. Jamie Dimon and Blythe Masters know it. Do you?

Better get some PHYSICAL while you still can. Then you can dare the cartel Banksters to “Come and take it”.

SILVER: The Achilles’ Heel

http://www.24hgold.com/chartimages/usSILVERn.png

http://www.24hgold.com/Graphiques/ge...alecom_gold_Oz



August 15th, 2013 | Category: News, SGTreport - Original Content

http://sgtreport.com/2013/08/got-physical/

Chinese have bought up huge amounts in the last 2 years. 834 tons in 2013 so far.

Silver, The Devil’s Metal

by Greg Canavan, Daily Reckoning.com.au:

http://www.dailyreckoning.com.au/wp-...Silver_lge.jpg Gold up, markets down. The Dow lost 113 points overnight while gold tacked on about 10 bucks in the US session. Weird.

You probably can’t read too much into the price action…yet. But you do sense a slight shift might be taking place. In our Sound Money. Sound Investments newsletter we’ve been writing about how markets take months to ‘top out’. Sharp and convincing rebounds follow sharp sell-offs, dragging previously sceptical bears into the market because it’s ‘going up’.

But the rally becomes exhausted, and the bears again look to take control. Of course, you can’t really argue that the bears have been in control for a while now. As we mentioned yesterday, there was a short, sharp correction during May and June, but the bulls quickly arrested that decline.

Read More @ DailyReckoning.com.au

http://sgtreport.com/2013/08/silver-the-devils-metal/

10 yr. Treasury 2.75%

[Ed. Note: It appears the silver and gold shorts aren't the only ones getting slaughtered!]

by Bill Holter, Miles Franklin:

2.75% for the 10r Treasury WAS the line in the sand that was drawn back in June. If you recall, it only took a month or so for rates to go from 1.60% to 2.75%. On a percentage basis this was a huge 60% jump off of the lows.

Today after 4 or 5 tries in the past, bonds have sold off and pushed yields above 2.80%. Also if you will recall, CNBC and their “market mavens” tried to spin the yarn that rising rates had nothing to do with “tapering”…no, rates were going up because the storm had passed and the economy was strengthening.

“No and no.” The storm has not passed, it is clearly visible on all sides as we have merely been living in the storm’s eye that was created by unlimited free money and no, the economy is surely not strengthening. Today the Treasury released the “TIC” data that shows what the capital flows were for the month of June. Lo and behold…they sold. They sold EVERYTHING from stocks to bonds to Treasuries (and we also know that the world was a massive buyer of gold and silver during this time).

Read More @ MilesFranklin.com

http://sgtreport.com/2013/08/10-yr-treasury-2-75/

Small spikes in gold means nothing, thats trade adjustment. fact is the gold supply is drying up. I've been watching this closely as an indicator that the proverbial s**t will hit the fan. theres not much left people. prepare yourselves..........seriously.

International Investors Dump $40.8 Billion in Treasuries, the Most Ever

by Mike Larson, Money and Markets:

http://images.moneyandmarkets.com/2783a/chart1.jpg

Did you hear the news out of the Treasury Department this morning? It was an absolute disaster for the bond market — and for good reason:

Foreign holders dumped a whopping $40.8 billion in long-term Treasuries, the biggest exodus from bonds in the history of the U.S.

Worse, June was actually the third month of mass dumping in the past four, for a total of $79 billion. China, the biggest holder of our bonds, unloaded $21.5 billion, while Japan, the second-largest holder, dumped $20.3 billion.

Read More @ MoneyandMarkets.com

http://sgtreport.com/2013/08/interna...the-most-ever/

Five things India’s gold war means for Asia

by Jan Skoyles, TheRealAsset.co.uk

http://therealasset.co.uk/wp-content...ion-buying.png We’re all aware by now of the import duties placed on both gold and silver in India, courtesy of the RBI.

For the third time this year, the RBI yesterday announced a further increase on import duties on the precious metals. Both gold and silver now carry a further 10% charge should you wish to import them. Gold price premiums are expected to rise above $100 on London prices.

We all know that this move is designed to cut the current account deficit. After crude oil, gold is the second most imported commodity in the country.

It is worth asking about the efficacy of these measures. The measures have not only impacted gold imports, particularly after the announcement of the 80/20 import and export restrictions, but they have made an impact far beyond numbers on a balance sheet.

Read More @ TheRealAsset.co.uk

http://sgtreport.com/2013/08/five-th...eans-for-asia/

https://fbcdn-sphotos-d-a.akamaihd.n...57525964_n.jpg

Quote:

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Originally Posted by AirborneSapper7

International Investors Dump $40.8 Billion in Treasuries, the Most Ever

by Mike Larson, Money and Markets:

http://images.moneyandmarkets.com/2783a/chart1.jpg

Did you hear the news out of the Treasury Department this morning? It was an absolute disaster for the bond market — and for good reason:

Foreign holders dumped a whopping $40.8 billion in long-term Treasuries, the biggest exodus from bonds in the history of the U.S.

Worse, June was actually the third month of mass dumping in the past four, for a total of $79 billion. China, the biggest holder of our bonds, unloaded $21.5 billion, while Japan, the second-largest holder, dumped $20.3 billion.

Read More @ MoneyandMarkets.com

http://sgtreport.com/2013/08/interna...the-most-ever/

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Very bad, because of the weakness of our economy, 85 Bill a month out going, feds printing money likes its going out of style, no balanced budget china may drop our currency in favor of euro which by the way is no bargin either.