Yesterday we posted an alert from an international banking contact of Steve Quayle recommending readers close all equity accounts and exit the markets now.
24 hours later, the international banker has again contacted Steve, this time with a RED ALERT that the EURO HAS COLLAPSED UNOFFICIALLY!
The source states that Greeks are now withdrawing €3.5 Billion a day, not the 1 billion being reported, with similar numbers for the rest of the PIIGS.
He states Capital Controls are in place to keep up the appearance of control for the next 4-6 months before the collapse is officially admitted, and that readers must withdraw all of their fiat cash from accounts NOW and secure whatever physical precious metals they can.
Steve Quayle has taken the unprecedented step to place his entire website under a red screen/ red alert.
‘THE EURO HAS COLLAPSED, I REPEAT, THE EURO HAS COLLAPSED.’
From Steve Quayle:


Bloody Hell That Is News. Where The Hell Is It On The Main Stream Media? Derivatives are next. Keep Stacking
May God help us all indeed.
I’m sure it will eventually, but Steve Quayle is a sensationalist. Look at his stuff about Genesis 6 giants. He isn’t very reputable. I remember in 2008 when the stock market crashed, he was on Alex Jones yelling about how troops were setting up checkpoints in the U.S. to keep society from collapsing.
I call BS…
This guy sounds nuts to me …..and I gotta tell you, I am a pretty skepticaly person when it comes to ANYTHING the govenment says (and I am not one of these people who just started mistrusting the government since Obama came in office either…I mistrust everyone in a position of “authority”.)
But honestly….this is alarmist bullshit.
Let me just point out why I think this guy is full of it…
First…he says “The Capital Controls are in place to keep the charade of control going for the next four to six months before the official collapse”….
Then, he goes on to say “Please warn your listeners to pull out of their bank accounts everything that they need. Keep only to pay the day to day expenses. If they have land to go to, please do so now”
So, which one is it….6 months….or NOW!!!!
If you have been preparing for things to fall apart…why worry about it? It is out of your / our control anyway. Just worry about you and your loved ones…and let the freakin vampire squid eat and canabalize each other….if you are stupid enought to still have any money in stocks or bonds….then you will deserve what happens….regardless if it is in 6 months, 6 days or 6 years. -
Don’t be greedy….don’t be scared….and don’t be unprepared…and you will be just fine
Oh…and don’t listen to chicken littles like this guy either - sure, the world is going to hell in a handbasket….but it’s going there slowly - I really doubt that anything is going to happen overnight – ever – that is going to catch anyone on this site completely unprepared (there are MANY in our society that make get caught flat-footed….but they are lost causes anyway)
So…that’s MY RANT….sorry
The message is a bit mixed. The Euro has collapsed is a present/past tense statement. Keeping the charade going for another 4-6 month is a long time into the future. Your house is burning!!!! In October 2012. I’ll bite on thisthat Euro is going to collapse, but not this very second. And yes, we are all planning to bunker down on the event that the Euro is going to a lot of damage to Europe and us. But I put this more on the order of yelling fire in the theater. My fire entinguishers are full but it’s a bit overdramatic. Next week will be another story
This wouldn’t surprise me. The system is so layered and incestual that it could do a lot of rotting before anybody noticed anything was awry. An event could’ve happened that wouldn’t bubble up to the surface right away (or could be papered over for a while). Very interesting!
O sit !!
ok then, ordering more physical again.
10-4 Shock and Aweful Sometimes I need to smack myself in the head to get outside this hysteria, Thanks for the pop in the noggin. You make excellent points here. We are in the movie theater, watching a pretty interesting horror show. I think we know how it’s going to end.
WHEN the euro collapses, it will be a sudden, mad rush out of the currency.
Much like the collapse of the $USD will be like…
We can thank our lucky stars we’ve got honest money to fall back on.
Hold on a minute, I’m over in Europe and this is news to me. Things are bad but not quite that bad, yet.
Has anyone checked if this guy is on any meds.
again pinch of salt with this stuff …. just go to zero hedge… if it aint there… it probly BS,,
Hell, give all a coin. As I stated yesterday, I’ve been on this site for a couple of years now. You guys are ready. More so than most everyone I know. Go about your day to day, keep stacking, keep preparing and keep doing what you have been. If we turn on the news tonight or tomorrow and Wolfe Blitzer is crying, we’ll know he lost all his paper and the story is over. LOL.
JIM SINCLAIR was RIGHT?
The END is not NEAR…. the END is HERE….
There will be a run for the exits and the doors will be locked.
No doubt this is coming…fortunately we’re prepared as best we can. Clif High released a note on June 6th that was interesting here is a piece of it:
The ‘good news’ in all of this is that the same data sets are
pointing to the [rapid rise] in [precious metals prices], especially
[silver] as being temporally ahead of, and to a certain extent, [putting
pressures on officialdom].
So, one way to consider this information is that a rapid and steady
rise in the price of silver will be leading the way (pressuring?) to
officialdom [breaking down] as it [over-reacts] and [demonstrates
desperation]. Here at HPH we are watching the flow of currencies into
precious metals over these next 14/fourteen days as an indicator that
the [unexpected military events] will be [accelerated] in their
[timing]. Look to the language coming out of the CFR for other hints as
we go forward into June and the Summer of (actual) Change.
Ok, if the Euro still exists in 3 months I don’t want to read another post from this guy..
EUR/USD is still above 1.26….
hope this post is not a propaganda…
I’ve been following the collapse since ’07 and I’ve not heard of Steve Quayle before so I shall refrain from referring to him as a dingle-berry for now. Does Mr. Quayle stand to profit from this “news”? Although none of the financial news recently has been good, I don’t see others whose opinions I trust running around screaming about the sky falling. Do regulars here find him credible?
I_S
PMs are the ultimate gauge of currency events like this… when the Euro collapse hits won’t we be seeing massive moves in gold and silver despite any propaganda?
Interesting post! Not sure what to believe anymore, but it seems shit is getting worse by the minute as talk of monetary easing is growing
90% of americans will be watching reality TV when the dollar crashes, they won’t notice till their cable is cut off. That’s when real reality will hit them.
Hey Doc and Bull,
I received two phone calls from family members that were in a panic as a result of this post.
I gave them this site as reference when they started to take things seriously. This thread is total bullshit. Shame on you Doc for putting up this bullshit,
This site is no better than glp as a result.
Cannot take your stuff seriously, doc. You do not check your sources and are clearly the boy that cried wolf. Shame on your ass, doc.
In Doc’s defense Goldie, he is trying to keep us “Up to the minute”. Perhaps this is just another Boy Cried Wolf thing. Maybe it’s not. Eyes open and check it out. Euro troubles have been very fast the past week. Quayle is not the first. Google Pastor Lindsay Williams and check out his thoughts. He’s been call this for a long while now including what is currently happening. I do agree though, if false, what a panic it could create (Kinda like the War of the Worlds). Stack on and verify.
P.S. Widget has posted something on Lindsay Williams in the Silver Forum. I haven’t read it yet, but I’ll bet it’s got a lot to do with the current crisis.
Thanks for the calming words, 2oz.
The docs incompetence had me enraged. This is to important to take speculation and post it up as fact.
I’m sure this crap will up your hit count for the month. Good for you, Doc.
Are you capable of being a leader in this most important time in history doc ?
Blah, blah, blah. First off, there are no financial indicators that say this has happened such as commodities, other fiat currency, other equity markets. That being said, there may be something to the bank withdraw amounts that may be precipitating a major run on accounts. If that were happening, the central banks can keep it hidden for a few days and the money would start to flow from the FED as a pre-QEwhatever announcement that would occur next week, IF THIS WERE TRUE.
I strongly believe article is far from correct and very misleading. Firstly citizens or wealthy people are not taking money out of system as author states. (In Greece people do however) As a Belgium citizen I can clearly confirm there is no panic in northern Europe. Even people very well informed believe in future of the Euro and think a Greek exit could happen or even Spain exit could happen, but then we will have a new Northern Euro.
As far as Technicals, Euro looks as recovering from lows, so I am not so sure if Euro will fall more from this point as it is still traded versus the US$ with even bigger problems. Personally I prefer hard assets, but I just wanted to confront people believing in Steve Quayle propaganda article.
A lot of people are stating the Euro crashes in the next week to 6 months but the U.S. hasn’t kicked in QE3 yet? Take a deep breath and relax for a minute.
Just be ready for a can kicking contest to break out in the next few weeks. John Williams at Shadowstats states this state of affairs could continue until sometime in 2014.
My only question is who can kick the can farther? More popcorn please!
Exclusive: Central banks ready to combat Greek market storm
By Stella Dawson and Lesley Wroughton
WASHINGTON |
Thu Jun 14, 2012 4:27pm EDT
(Reuters) – Central banks from major economies stand ready to take steps
to stabilize financial markets by providing liquidity and preventing a
credit squeeze if the outcome of Greek elections on Sunday causes
tumultuous trading, G20 officials told Reuters.
A senior U.S. official cautioned that the Greek election will not provide “the definitive signal on what happens next” in the euro zone debt crisis.
But
if severe market strains emerge after an unusual confluence of three
elections this weekend – there are important polls in Egypt and France as well – central bankers are on standby to ensure enough cash is flowing through the financial system.
“The
central banks are preparing for coordinated action to provide
liquidity,” said a senior G20 aide familiar with discussions among
international financial diplomats. His statement was confirmed by
several other G20 officials.
A move to boost liquidity
by central banks could mark a dramatic backdrop to the G20 summit of
world leaders, who will gather in Los Cabos, Mexico, on Monday and
Tuesday, with Europe’s escalating crisis topping the agenda.
Depending
on the severity of the market response, an emergency meeting of
ministers from the Group of Seven developed nations could be held on
Monday or Tuesday in Los Cabos, with central bankers joining by phone, a
second G20 official said.
Their
first line of defense probably would be a statement that policymakers
are ready to take whatever steps are needed to assure market stability.
This
usually is a signal for technical steps to keep cash flowing through
the financial system. Currency swap lines already are in place, and they
can be drawn upon to ensure there are enough dollars available if
global investors rush into the safety of U.S. assets. Central banks also
can hold extra auctions to flood banks with short-term cash via
repurchase agreements.<—THE CHAOS HAS STARTED!
Currency intervention also is possible, though less likely to be sanctioned by the G7. Japan
and Switzerland might intervene to weaken their currencies if a rush to
safe-haven assets pushes up the yen and the Swiss franc.
The
International Monetary Fund took the unusual step on Thursday of
sanctioning currency intervention for Japan to counter stresses from
Europe, noting its currency is “moderately over-valued.
As
for Switzerland, it has drawn a line in the sand at 1.20 francs to the
euro. Swiss National Bank Chairman Thomas Jordan and the country’s
finance minister, Eveline Widmer-Schlumpf, on Thursday both threatened
capital controls to prevent the franc soaring if Europe’s crisis
deepens.
“The SNB will not tolerate this,” Jordan said.
While
central banks might stand together to counter credit tightness and
market volatility, the bar would be far higher for coordinated monetary
easing, which is considered unlikely.
While
volatility has risen sharply since March as global stock markets lost
ground, at 24 the VIX is way below crisis levels. Interbank lending
costs, measured by three-month LIBOR, EURIBOR and EONIA, are near record
lows.
“Presently there is enough liquidity in the system,” said Erik Nielsen, chief economist at UniCredit.
He
is confident European Union leaders in coming weeks will clear a
roadmap for financial and fiscal union, which would reassure markets
that they will take the steps needed to prevent events from spinning out
of control.<—THEY WILL SPIN OUT OF CONTROL ANYWAY
Moreover, central banks have far less maneuvering room today and will harbor their resources carefully.
Frustration
on the ECB board is running very high over the political paralysis in
Europe, a senior European policy source said. While the ECB still has
instruments at its disposal, notably its bond-buying program, the more
these tools are used, the less effective they become, the source said.
However,
several ECB policymakers have signaled they are open to cutting rates,
suggesting that the ECB would be ready to move at its early July meeting
– if EU leaders provide a game plan for resolving the debt crisis at
their summit in late June.
“If there
was very significant market turmoil, with a free fall of the euro and
financial stability shaken, then the ECB could purchase bonds,” Boone
said.
FED, BOJ READY TOO
“The Federal
Reserve remains prepared to take action as needed to protect the U.S.
economy in the event that financial stresses escalate,” he said.
This
probably would mean a third round of bond buying, known as QE3, though
it also could extend a program to push down longer-term interest rates,
known as Operation Twist. The Fed meets next week on Tuesday and
Wednesday.
Meanwhile, the Bank of
Japan is expected to keep its monetary policy unchanged when it
concludes a two-day meeting on Friday as it awaits the outcome of the
Greek election.
But a fresh wave of
global risk aversion that sends investors flocking to the yen could
well lead the BOJ to expand its 40 trillion-yen asset buying program,
its main policy tool after it cut rates to a range of zero to 0.1
percent during the global financial crisis. READ MORE
Steve Quayle has taken the unprecedented step to place his entire website under a red screen/ red alert.
OLDFORDTRK1 HAS TAKEN THE UNPRECEDENTED STEP TO POST HIS ENTIRE COMMENT IN RED AND CAPITAL FONT. Ok, ok, if it is so bad why is he still running the website? Shouldn’t he be home digging the root celler or something?
Great comments guys. Remember, It’s better to be a year early than a minute late. Now, where have I heard that before? LOL.
Ok, this thing won’t let me do red, but ALL CAPS. Hopefully my point was received.
Cut Doc some slack, will you? Whether the above alert is true or not is really beside the point for me personally. In fact, in my opinion, people who don’t hold any gold or silver yet, should take it as a blessing. We all know that the ship is going down (no surprises there)… I would therefore much rather act on a potential false warning now than waiting on the real mother fucker to hit and then risk getting caught with my pants down. If people were scared by the alert, good, now just keep stacking and get as much fiat out of the banks as possible. Yes, I am a hard core silver bug and the alert even raised my heart rate a bit, but crying foul and acting like my toys have been thrown out of the cot is not going to help anyone. I will rather sell my toys and buy more physical silver, because it is certainly not going to be fun and games further down the road. Hell, I might have the cat completely by its tail here, but that is just my two cents.
There must be a distinction made between the Euro currency, and Euro representing Europe. Even if the Euro currency collapses, that does not mean Europe itself has collapsed. Remember–Europe existed fine for a long time before there was ever a Euro currency!
As to the contents of this message, while it sounds alarmist, its recommendations are hardly alarming or outrageous. Likely, many people who are into precious metals have been taking the recommended actions all along.
If anyone becomes fearful when they hear “The Euro has Collapsed”, it is likely because they have been getting too much news from the mainstream media. Remember, the US political system is presently taking advantage of the European problems by making people believe everything depends on Europe. Well, everything does not.
Thank you SB. M thoughts exactly and couldn’t have said it better.
Steve Quayle isn’t the only one saying this.
http://dont-tread-on.me/?p=19457
As for the market showing no signs of this?????
Do you really think the puppet masters won’t keep the show going while they are slipping out the back door give me a break.There will be no signs or notice.
Wake up sheeple theres a sh!t storm brewing.
Anonymous guy quoted by an unknown guy. Need track record for more street cred.
You’re welcome 2 OZ.
I’m not willing to “cut slack” for anyone considered to be a leader.
There are tens of thousands waking up to the financail situation of the world. Posting up this crap only dammages the perceptions of the young sheep. Those of us who have been awake for generations can handle this type drivel. But the new sheep do not understand as well if they are reading sound information or sensationalism.
Do you guy’s see this up over at zerro hedge or drudge or bj’s?
Just leaving this article up here display’s gross incompetence.
Spain issues dramatic messages of impending eurozone doom
Spain’s foreign minister, José Manuel García-Margallo, said the EU’s future would be played out in days or perhaps even hours
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guardian.co.uk, Thursday 14 June 2012 19.56 BST
A panicky Spanish government issued dramatic messages of impending doom for the eurozone on Thursday as its borrowing costs reached unsustainable levels and foreign minister José Manuel García-Margallo claimed that the EU may need to act within hours.
“The future of the European Union will be played out in the next few days, perhaps in the coming hours,” he said, according to Spanish press reports.
The foreign minister, who was speaking as Spain‘s long-term borrowing costs hit an unsustainable 7%, warned that other European countries would suffer dreadfully if they let Spain fall. ”If the Titanic sinks, it takes everyone with it, even those travelling in first class,” he said, in a warning clearly aimed at Germany and other eurozone countries.
The interest rate on the country’s benchmark 10-year bonds briefly hit 7% on Thursday, its highest level since the country joined the euro in 1999, after the ratings agency Moody’s downgraded Spain’s sovereign debt to just one grade above ”junk” status.
Moody’s said the downgrade was due to the offer from eurozone leaders of up to €100bn (£81bn) to Spain to prop up its failing banking sector adding considerably to the government’s debt burden.
García-Margallo’s comments contrasted with those of finance minister Luis de Guindos, who called for calm during an inevitably volatile period while Europe prepares to make key decisions on its future and waits to see how Greece votes on Sunday.
“It is not a situation that can be maintained over time … and I am convinced that we will continue to take more measures in the coming days and weeks to help bring it down,” De Guindos told reporters, referring to Spain’s borrowing costs, after senior cabinet members had met prime minister Mariano Rajoy.
Government sources said that the EU president Herman von Rompuy was set to meet Rajoy, Germany’s Angela Merkel, Italy’s Mario Monti and Frrance’s François Hollande in a five-way meeting during the G20 meeting in Mexico on Monday.
Barack Obama, who has been pressuring eurozone countries to act quickly in order to sort out the debt crisis, was also expected to meet the five leaders in Mexico. David Cameron may also join the meeting.
The EU competition commissioner, Joaquín Almunia, was expected to get a chilly reception in Madrid on Friday when he flies in to meet Rajoy to discuss the bailout of the country’s banks.
Rajoy’s conservative People’s party (PP) has called for Almunia, a Spanish socialist, to resign after he warned that some Spanish banks may have to be liquidated.
“Rajoy is head of the People’s party but, most importantly, he is the prime minister and in that role he will not be asking for Almunia’s resignation,” a government source said.
Almunia will be in charge of the EU inspectors who oversee the restructuring of the Spanish banking sector. The budget minister Cristóbal Montoro has called them the “men in black”.
Spain will next week be able to say how much of the €100bn its banks really need. Rajoy has said he will wait for the results of two independent valuations of Spanish bank assets before deciding on a final sum.
Those reports are due by 21 June, but Reuters reported that officials in Madrid already knew the contents of the reports and that Rajoy would have the figures with him when he travelled to Mexico.
The final figure was likely to be between €60bn and €70bn, according to Reuters, though officials in Madrid refused to confirm the amount.
Officials said that Spain wanted the banking loans to be delivered as soon as possible. “”No one is more interested than us in there being absolute clarity in our banking sector, and as soon as possible,” a government source said.
Madrid is pinning its hopes of avoiding a wider bailout of the country on an EU summit to be held at the end of this month.
“The government is seeking a declaration of the irreversibility of the single currency and of its willingness both to defend that and to create the necessary mechanisms,” a government source said.
All of us here have a pretty good take on how things are shaping up in Europe With regular posts from many sources we can filter out the noise and get to the heart of the matter. I’m the biggest worry wart around and I think this will evolve in a way that we can take actions before they impact us to the extreme
I was wrong
bro john just coudn’t resist the utube check and put this crap up on his site also
maybe there is something to the social stigma perception attatched to the silver stacker.
Greece on edge of financial collapse as paralysis takes hold in election runup
Surprise filip in Athens stocks on ‘pro-Europe’ coalition rumours comes against backdrop of panic and economic devastation
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guardian.co.uk, Thursday 14 June 2012 20.35 BST
Whatever government emerges from Greece‘s make or break ballot on Sunday, it will take over a country on the edge of financial collapse.
The telltale signs are too obvious to ignore: the early morning queues outside banks, the banner headlines predicting economic disaster, the businesses shuttered and boarded up, the deals and projects put on hold.
“Absolutely nothing is moving either in the public or private sector,” said a prominent Athenian lawyer who sits on the committee of a large foreign hedge fund. “No one wants to invest, or make any commitment in such uncertainty,” she said. “They are all waiting to see what will happen after the election.”
If the economy is all about psychology, then Greece is already fighting a lost war – even if the Athens stock exchange soared on Thursdayon secret polling data suggesting that a pro-European coalition, committed to punishing reforms, would win the election.
The country’s main stock index closed a staggering 10.1% higher, with banking shares posting a collective 23.6% increase.
But the surprise development comes against a backdrop of devastation. Heightened talk of Athens’s exit from the eurozone in recent months has not only led to credit lines drying up but has spurred ever greater numbers of panic-stricken citizens to pull their savings from banks.
Up to €5bn (£4bn) is believed to have been withdrawn from local lenders in the past two weeks alone, according to media reports. Following inconclusive elections on 6 May, up to €700m was removed by depositors in a single day.
“Last week was especially bad,” said an official at the Bank of Greece. “People were pouring into our branch on Syntagma Square and literally emptying their accounts,” he said, referring to the capital’s main square.
Before the debt crisis erupted in December 2009, the country’s total household and corporate deposits stood at €238bn. Since then €72bn has made its way out of the system, with the Bank of Greece announcing that deposits stood at €165.9bn in April.
Much of the money is believed to be hidden in private homes, the result of Greeks fearing they will lose savings if Athens is forced to leave the single currency. But a great deal has also been whisked abroad, with stories of depositors travelling with suitcases stuffed with cash now legendary.
This week, it emerged that leading foreign lenders, including Deutsche Bank and Merrill Lynch, had dispatched delegations to Athens to lure private Greek depositors and companies.
The staff of European and US banks were reportedly working from suites in central hotels in an attempt to convince high earners to move deposits abroad. “Foreign banks are ‘fishing’ for Greeks and their savings,” declared a headline in the mass-selling daily Ethnos.
With the ballot widely seen as a referendum on the crisis-hit country’s future in Europe, bank officials say they expect outflows to increase dramatically if the leftist party, Syriza, emerges as the winner.
The party’s leader, Alexis Tsipras, reiterated that while Syriza was not aiming to leave the euro, it would rescind the unpopular austerity and structural reforms that Greece has undertaken in return for rescue loans from the EU and IMF if it came to power.
“The memorandum will be repudiated by the people’s vote, not us,” he told Antenna TV.
Tsipras has blamed Greece’s “violent internal devaluation” for deepening poverty in a country struggling with a fifth straight year of recession. By the end of the year, officials project that GDP will have shrunk by around 27% – an unprecedented contraction for an advanced western economy.
On Thursday, the nation’s statistics service revealed that the jobless rate, already at a record high, had jumped to 22.6% in the first quarter of this year because of the slump in economic activity.
With Athens being asked to enact more austerity measures – including reducing the minimum wage by a further 22% – the process of aggressive internal devaluation will only get worse, experts say.
“With wage reductions of up to 50%, what has remained of the middle class is trying to stay calm,” said Theodore Pelagidis, professor of economics analysis at the University of Piraeus.
“Tell me one country in the world that with so much austerity would be in a better situation? This is not creative destruction. It is destruction, period.”
From Greek industries, fast running out of raw materials, to supermarkets where stocks have been depleted, shortages are growing.
In recent weeks the healthcare system has been hit by a “critical lack” of medicines and other essentials including syringes and gauze, according to doctors. Shortages have been blamed on suppliers refusing to provide goods without down-payments in cash.
Highlighting the parlous state of the country’s public finances, Giorgos Zanias, the economy minister in the interim government, announced this week that reserves were drying up at a dramatic rate. The political paralysis spawned by the country’s indecisive vote last month had delivered a devastating blow to tax collection, with revenues falling precipitously. Greece, Zanias said, had “enough money to survive until 15 July”. After that, it would be unable to pay public sector wages and pensions.
“Whatever government emerges from the elections will be called to confront a tragic situation in Greece,” proclaimed the satirical weekly To Pontiki in an extensive report that was anything but funny.
Got Goldies Can you present evidence that it is crap or are you just assuming?
15 Jun, 2012, 02.15AM IST, Reuters
Greece has to make up its mind over its membership of euro zone: UK’s Osborne
A time for decisions has
come,” Osborne said in a speech to London’s financiers, arguing that it
may take a Greek exit from the euro to shock euro zone leaders into
taking the necessary action to end the crisis. “If exit is the chosen
route then the euro zone must have a very good plan in place to prevent
contagion. The worst case for everyone would be exit without a
sufficiently ambitious response.”
“The risks for our economy
from a disorderly collapse of the euro are huge,” he warned, just three
days before Greek voters go to the polls to pick another government in
an election seen as a referendum on membership of the euro zone.
Britain has consistently blamed the euro crisis for its own economic
woes – the economy is mired in its second recession in four years –
although critics say the government’s own strict austerity programme has
killed off a weak recovery. READ MORE
I hope he is correct! The banking cartels have been at it hard for a while now. More so than ever! They know something is up. Maybe this is it! Keep stacking
Lloyd’s of London preparing for euro collapse
The chief executive of the multi-billion pound Lloyd’s of London has publicly
admitted that the world’s leading insurance market is prepared for a
collapse in the single currency and has reduced its exposure “as much
as possible” to the crisis-ridden continent.
Richard Ward said Lloyd’s of London could have to take writedowns on its £58.9bn investment portfolio if the eurozone collapses.
* Updated June 14, 2012, 3:12 p.m. ET
Ahead of Vote, Greeks Move Cash, Hire Guards
As Greece prepares for a weekend vote that could determine whether the
country stays in Europe’s common currency, many Greeks are gripped by
uncertainty and taking measures large and small to prepare for what may
come next.
“I don’t know whom to trust or what to believe,” said Ilias
Daskalopoulos, a 28-year-old unemployed writer who earlier this year
went to the bank and withdrew his entire life savings—a few thousand
euros that he now keeps stashed in a secret hiding spot.
With the stakes so high, Mr. Daskalopoulos said, he is nervous about the
outcome of Sunday’s national elections, the second to be held since
May. “The situation could be very precarious,” he said.
Other Greeks are transferring money out of the country, hiring security
guards, stocking up on groceries and keeping their cars’ gas tanks
full—measures of the anxiety many feel as the country’s economy
collapses and government institutions struggle to cope. Unemployment
passed 22% in the first three months of the year, and crime rates are
climbing.
The elections pit the left-wing Syriza party, which has pledged to annul
Greece’s bailout deal with the European Union and International
Monetary Fund, against its conservative rival, New Democracy, which
backs the rescue package.
Stern warnings from EU leaders that deviating from the strict—and widely
unpopular—terms of Greece’s loan agreements could force the country out
of the euro zone have set voters on edge. READ MORE
@SB. Sure sb, I’ll take an easy one.
here is a post from someone who lives there you can find about ten posts up”
nacares
“I strongly believe article is far from correct and very misleading. Firstly citizens or wealthy people are not taking money out of system as author states. (In Greece people do however) As a Belgium citizen I can clearly confirm there is no panic in northern Europe. Even people very well informed believe in future of the Euro and think a Greek exit could happen or even Spain exit could happen, but then we will have a new Northern Euro.
As far as Technicals, Euro looks as recovering from lows, so I am not so sure if Euro will fall more from this point as it is still traded versus the US$ with even bigger problems. Personally I prefer hard assets, but I just wanted to confront people believing in Steve Quayle propaganda article.”"
there go, kind regards to you SB.
100′s of thousands of June calls were bought into today’s close in anticipation of Central Bank QE Before The Open On Monday–according to Jon Najarian on CNBS Just Now–About 4 minutes ago.
run silver run.
June 14, 2012
That INCREDIBLE SPY Volume In The Final Hour
Jon “DRJ” Najarian | ask-drj@optionmonster.com
The surge in buying in the SPY was tremendous on the rumor of
cordinated G20 intervention. My brother Pete cited this, as Heat Seeker
showed the powerful, multi-hundred thousand calls going off on the offer
in rapid succession.
This is what that looked like and the volumes in the final hour were as robust as we’ve ever seen in such a short timeframe. READ MORE
Got Goldies lol Is that your proof?
A post from someone that lives there are just as speculative and it is no secret that the markets are manipulated by the likes of JP Morgan, so the technicals are misleading at best. I am just saying, if you are not able to place solid proof on the table, how can you say the alert Doc posted is crap??? I am sorry, maybe I am a simpleton, but I don’t get it.
I called my sister in Scotland and as far as she is concerned this is a hoax. She see’s no sign of people going to the banks and withdrawing, also everthing is calm in the news media over there. People are getting drunk as usual she says. Lol
So I guess I’ll just plodd along and keep adding to my stack while I can but the thread did some good, it reminded me to get going on my supplies.
Jet Screamer On “MAD MONEY” Talking About QE NOW
“People are getting drunk as usual she says.” lol
@sb. your right your a simpleton. call him a liar again.
You are off topic with an add hominem.
simplton sensationalist loving fear mongering troll.
Love ya
Got Goldies Was A Troll At Kitco—Now He’s Trolling Here
Do You Need To Be Spayed GG?
If 2008 was 1929, then 2012 is 1933. But, this time it’s global.
LOL—I Meant “Sprayed”—However, It’s Possible You Need To Be Spayed Too—Please Inform Us If You Need Spraying, Spaying Or Both. Thank-you In Advance
lol Jake
wrong gg dude. i think your troll calling is a bit biassed.
M45—I hear You Too On the Europe Hype Thing…But There Are Several Sources Of Info Now—That I’ve Managed To Post, That Offer Some Credence To The Thought That “SOMETHING’S UP” In Europe And That There Are People With Considerable Sums Of Money Positioned To Take Advantage Of Some Kind Of Knee-Jerk Up Move Sunday Night–Or Monday Morning.
I think that, if Some kind of coordinated intervention by The Ben Bernank is announced—And You Know the only sizable liquidity left will come from the US, that it will just be the start of permanent QE programs—That’s My Take.
GG—So—You’re The Wrong Troll With The Right Name?
Or Are You Just A Common Troll Who Is Using The Wrong Name?
Or—I Suppose You’re Just A Common Troll.
Now—You Didn’t Answer My Question—Do You Need Spaying
Or Spraying Services?—We Provide Both.
GG I will take it as a compliment coming from the speculative likes of yourself. Is that crap or what? My friend is from Crapville and he says you’re full of crap. lol And don’t you dare calling him a liar. It is not showing in the Technicals, but it is pretty soiled…
So, sb. You are plainly WRONG. you also need jake to step in and defend you. You trolled me. Are you man enough to admit it? Or are you just an internt tough guy troll that needs to be protected by jake.
Talk about your clicky group think glp like bullshit website.
I don’t argue with fools.
After Reading ThisPost From GG:
“The docs incompetence had me enraged. This is to important to take speculation and post it up as fact. I’m sure this crap will up your hit count for the month. Good for you, Doc. Are you capable of being a leader in this most important time in history doc ?”
Then Seeing This:
You’ve Been Determined To Be A Troll
I was Saving This For Another Insect, But I Think It’ll Work On you:
GG lol Trolled you? How did you come to that conclusion? The only failure on my part was not to ignore you when you started to insult Doc. Go and fly a kite now.
Talk about dramatic…
I’ve Been Assured By Those Mexicans…That Their Methods Are Guaranteed To Last—I don’t Think We’ll Need To Spay Him As He May Have Acquired The Effect Of Spaying After The Mexican Treatments.
Oh—I Found Out Something Else—-We’re A “Clicky Group”
lol I am sorry, but GG come over as QueenBee in disguise.
in regards to the other GG, Gary Gensler, and whether it’s proper to say silver and gold or gold and silver.
Jake I’m surprised you’re willing to draw any conclusion from this. You say tomato. I say tomato. But yet you don’t know how I pronounced it just now to tell where I’m from. And what I just stated folks makes as much sense as Burl Ives being, “….Keen On Silver Comments From Callers Ahead Of This Interview And Nervous To Answer Them,” when he sang silver and gold, silver and gold.
I learned to say tomato while you learned to say tomato so obviously the learned way to say it is gold and silver? Are you dealing in absolutes by suggesting every teacher in the world throughout the history of the world has taught every single student there ever was that the only way to say it properly is gold and silver? Jake you of ALL people should know only the Sith deal in absolutes!
Here’s What “Clicky” Means: ( I Must Confess, I Knew The Word, But I Didn’t Know This Term Was So Specifically Used)—
group of people can just ‘click’ and then they all tend to stick
together…it can feel quite unpleasant though when you’re not part of
that group
So, What I’m Learning Here Is That We Can Also “MOAN” about Our Clicky Group Too.—Okay, I Can Live With That.
lol
Sd.com should be trolllookout.com This site is so dramatic, and if you aren’t a regular you are attacked for having a different point of view. I would bet another 100oz that nothing collapses this weekend. Stack, stack is all I hear but there will be much deflation up to the election. Stop reading these doom stories and enjoy life. If you have this much free time to post all day maybe some more productive jobs should be on some users list of priorities. If you put as much time and effort into making an actual career, if the end ever comes your skills will be more valuable that saying you spent years waiting for a collapse and your huge stack that no one be able to afford if some of these price prediction happen to come true. Start thinking about a digital currency and how exactly you will do anything with this stack you have accumulated.
The powers that be aren’t going to advertise that their currencies are failing…they want the sheeple in the PONZI scheme so they will keep it going as long as possible. Who cares whether this specific report is right or not, i think we can all agree that the Euro is going to collapse and the dollar as well in a relatively short time period. Point is to get the f*ck out if you haven’t already. Me, I got out in 2008 and live paycheck to paycheck in my checking account.
WHEN it collapses, it’s going to probably go all sudden like, and I’m pretty sure SOMETHING will even be on the MSM… even if it’s looters taking over the studios and doing “pirate broadcasts” of banksters and MSM weenies getting strung up or whatever.
40 oz. It wasn’t me who mentioned something about GG saying Silver and Gold After Gold And Silver Was Asked About Twice In The Interview, It was “Tears Of The Moon” In here—That Response Was Directed At Him And In Reply To Him.
I Don’t See How You Were Involved In The Conversation, But Nevertheless, I Think His Explanation And My Reply Are Sufficient For You to Draw Your Own Conclusion.
I once spent a lot of time answering you on what I thought was a fundamental question regarding whether you’d made a good decision buying silver at higher prices than what is now current. I’ve since seen comments by you that indicate that you still need to keep yourself better informed on what’s going on in the world.
Also, your complaining about “Not being able to win an oz. of silver” was pretty childish. Sheesh!, It’s like a Wheel Of Fortune Contestant getting all hurt because they didn’t go to the bonus round. Come on!—It was never yours to start with. If you won—you should consider it a wind fall. But to not win shouldn’t be considered a loss.
Steve Quayle has no credibility. Sorry. This whole thing will not collapse for some years. Greece might exit, and they will find a way for the PIIGS. It will collapse… but not now.
“…if you aren’t a regular you are attacked for having a different point of view.”
Therefore, He Lays Himself Open for others to question it—and label him a troll if need be.
Jake I was more referencing the posts calling this story a hoax, more than one was met with resistance. I’m all for what the doc is doing here. Getting the story out is one thing, but we also have to learn to take some of this stuff as what it is, BS.
Man this is more entertaining than RT Tv. I love it when I’m part of a click that I don’t even know anyone only by a handle. Lol
As for the ones that say we are condeming I don’t believe so and as part of a so called click. I am also against the story and find it hard to believe but then again we have been talking about this happening for months now and maybe I don’t want it to be true. I also don’t go out of my way to condem Doc or his web site for posting it.
Doc has posted some great first hand stories before anyone else that has been proven to be true and yes he’s posted ones that where flops like the Video that cost $5.00 which he had to remove. LMAO
You guys see this: OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.
OANDA believes the convergence of a major market event during
off-market hours represents a potential trading risk and has taken this
rare step to protect traders from excessive rate fluctuations.
http://www.zerohedge.com/news/due-extreme-volatility-some-market-analysts-foresee
Okay—Jiggy—So It’s Hype?-–King World, SGT, Rick Santelli, and Jim Willie Sometimes, Are All Hypes Too. Hype is required in order to motivate the messenger too. You just gotta separate the hype from the stuff you know could have some validity.
I, for One, don’t think:
“THE EURO HAS COLLAPSED UNOFFICIALLY”
either—but it looks overly hypey when it’s delivered in big letters.
However, I search the net all day—I’m a retired older type so, I have the time—This also interests me greatly as it is part of what we know is coming whether it be slow and stealthily executed or fast and furiously splashed on top of us.
Why would the Central Banks Be “Standing Ready” If something wasn’t up?
This—I believe—Something’s Up—Why would so many call options be executed into the close today as reported by Jon Najarian?
This is what happens at the beginning of a POTENTIAL panic…It hasn’t happened yet, but if it does…Doc’s gonna look like PAUL REVERE!
If It’s Hype—You Can Come In Here And Cry Fowl!—And Tell Everybody This Was Just A Saucepan.
Doc I think next Wednesday will be a big day for silver sales. Fed meeting
Ok I have been gone all day, What the fuck is going on hear!!
Clicks, crashes , collapes…the silverdog will be ready
Ok I have been gone all day, What the fuck is going on hear!!
LMAO I was wondering when you would show up. LMAO are you one of the click? LMAO
I like this banker: He believes in God. Hopefully the God of the Bible though, not the wacky “god” of the free-masons.
By the way, events in Egypt, Syria and Persian Gulf are worth keeping an eye on. Israel just received its 4th nuclear-tipped-missile-capable diesel U-boot (submarine) from Germany (God bless Germany for helping Israel!), Syria is going bezerk in a power struggle between West-backed Sunni warriors versus Russia-backed Shiite (Assad’s Alawite clan is a sect of Shia Islam) forces, getting help from Hezbollah and Iranian IRGC, and as you have Israel’s Prime Minister, Vice-Prime Minister and Defense Minister all former Sayeret Matkal commando officers (Israel’s improved version of SAS or Delta Force, if you will), with a deputy Prime-Minister who is former head of military intelligence and in charge of strategic planning on Iran.
Putin is visiting Israel June 25th. Why? I don’t know… maybe he has some offers to make, or some warnings/threats to give.
Iran is flexing its muscles on the Persian Gulf, trying to provoke the Gulf Arab states (Saudis, UAE, Kuwait, Qatar), who are incidently helping the Sunni warriors in Syria and who are ad at Obama for letting the Shhite threat grow.
Israel might do the dirty job the Arabs can’t do and Obama won’t do. But boy, will it ever be a glowing mess at the end. Jesus is coming soon, so for us born-again Christians here, let’s rejoice in knowing we won’t have to suffer like the rest of the planet will
Ah, and for the record, Israel will come out bruised but victorious… in case Hezbollah, Muslim brotherhood and Putin’s cronies are reading this
M45 Im reading the post know just got to jake, WTF is a click?
O.K. Goldie and all the rest of you. Listen up. AND LISTEN GOOD. There was a time in our not to distant past that people would yell “it’s nothing more than hear say.” They got their arses burned. The Great Depression followed. Regardless if this story is true or not, at least somenone (theDOC) is reporting something that could be a real possibility. Everyone here is free to take it with a grain of salt or invesigate the possibilities. If you are blind to what has happened over the past several years, too bad for you. IF YOU HAVE REAL AND SUBSTANTIAL PROOF NOTHING IS GOING TO HAPPEN WITHIN THIS TIME FRAME THEN TELL US WITH FACTS. THE DOC IS REPORTING WHAT HE GOT FROM A SOURCE THAT WE ARE NOT PRIVY TO. He don’t have to share anything be he does and with a respectable reason. You can think as you wish and let that be that. We do thank you for your opinion but show us something.
In the mean time, I choose to get my self, family and friends in order. If nothing happens, I’ve lost nothing. If shit hits the fan then don’t cry for Argentina or anyone else because you have heard it here and were warned. Don’t discredit anything based on emotions. Look at it, check it out and make an informed decision before talking shit about that which you have no basis to talk.
Nuff said.
A bunch of people that join together like an inner circle. LMAO
Proverbs, the Sunni warriors you speak of in Syria are Al-qaeda and their buddies. Also, “Christians” who want nuclear war make me sick.
Headed out to go digging for diamonds with my son in Arkansas tomorrow, y’all have fun with the Clicks, crashes , collapse. Hope the web site is still here when i get back …. lmao @ y’all
O.K. Goldie and all the rest of you. Listen up. AND LISTEN GOOD. There was a time in our not to distant past that people would yell “it’s nothing more than hear say.” They got their arses burned. The Great Depression followed. Regardless if this story is true or not, at least somenone (theDOC) is reporting something that could be a real possibility. Everyone here is free to take it with a grain of salt or invesigate the possibilities. If you are blind to what has happened over the past several years, too bad for you. IF YOU HAVE REAL AND SUBSTANTIAL PROOF NOTHING IS GOING TO HAPPEN WITHIN THIS TIME FRAME THEN TELL US WITH FACTS. THE DOC IS REPORTING WHAT HE GOT FROM A SOURCE THAT WE ARE NOT PRIVY TO. He don’t have to share anything be he does and with a respectable reason. You can think as you wish and let that be that. We do thank you for your opinion but show us something.
In the mean time, I choose to get my self, family and friends in order. If nothing happens, I’ve lost nothing. If shit hits the fan then don’t cry for Argentina or anyone else because you have heard it here and were warned. Don’t discredit anything based on emotions. Look at it, check it out and make an informed decision before talking shit about that which you have no basis to talk.
Nuff said.
Well said 2 oz Here! Here!
I hear you Zinc I’m heading to bed myself, Can’t wait for tomorrow to come. Lol
For The Benefit Of 427—I Flamed A Troll, I Told 40Oz What I Think Of Him, And A Click Is Defined As A Small Group That Is Allowed To “Moan”.
Jiggy Wants To Tell The Doc That He’s A Saucepan…And I Am Supposed To Never Notice When Someone Turns A Phrase Of “Gold And Silver Into “Silver And Gold”—I think That Sums It Up—-
Oh—BTW The Euro Unofficially Collapsed!—-LOLOL!
Thank you M45. I get friggin fired up at those who look at one side of the story. No one has to be here but by their own choosing. I love to have differing opinions but the DOC and Bull spend a lot of time bringing us things that we wouldn’t hear from the mainstream or other sites. It speaks high that someone like Eric Sprott would interview with the DOC or Brother John/Zerohedge would post some of the DOC’s articles.
I don’t always agree with everything here but I weigh the evidence and form my opinion based on what I can learn from here and elsewhere.
Facts, like Jake, AGX, SRRocco, etc. Opinions by pacts and thoughts, you, Danno, 427, UDog, Yooper, etc. (Nothing derogatory because you all have increased my insight tremendously and provide facts and opinions). The patriotism here is without compare. I better stop now cause I feel a cursing coming on.
Thanks again.
GO DOC!
I am a click!!!!!!!!!!!!!!!!!!!!!!!!!!!
2oz love ya bro.
PMfan,
Thanks for your comment.
That is not true that all the Sunni warriors in Syria are Al-Qaeda.
They’re Al-Qaeda-Iraq, mixed with Al-Qaeda-Maghreb (meaning North Africa), mixed with Salafist mercenaries, mixed with Jihad Islami operatives, mixed with Gulf State Special Forces advisors, mixed with French special forces advisors, mixed with SAS special forces advisors, mixed with Lebanese militiamen (Sunni mostly, but I would imagine some Drze and christians want some action) who want payback against Assad (Bashar gets to pay for Hafez’ enemies) for the 1980′s and and beyond, along with various other Shiite-hating Sunnis.
Thus my use of the term “Sunni warriors”. That is generally what they are. Al-Qaeda, PMfan, is a compartmentalized Sunni warrior cult. But it’s a mix of angry, vengeful Sunni warriors, being helped by the Gulf Arab Sheikhs who want to see the growing Shiite hegemony in the Middle East stop.
Al-Qaeda and the Salafists (some of whom consider Hamas and Jihad Islami to be heathen unislamic wimps) have their Israel-destroying/Shia-eradicating agendas, and the Gulf State Sheikhs are more than happy to help them and use them in a bid to slow down Iran.
As for Christians who want atomic war making you sick, that’s fair. To my defense, however, I don’t “want” atomic war so much as I know it’s coming and I know that the outcome won’t be pretty, and I know that Israel will come out bruised yet victorious over her enemies. Russia, well, they will make the mistake of siding with the Shiites against Israel (Russia, ultimately, is a power/oil-hungry country just like America, and Russia has a few bones to pick with Israel for decades worth of Jewish intervention in its bid to control the mid-east away from USA).
And for the record, some of the strongest language I’ve heard in advocating the use of atomic weaponry to cleanse the mid-east of its jihadists has come from Lebanese Druze former militiamen who fought Jihad Islami and Syrian Forces in the 80′s. They told me the only solution for that islamic rat-hole is nukes. My solution is let’s spread the Gospel and change these angry men’s hearts. But these guys just said: to bad if ur country and families gets wiped out, that region needs to be reset with a few nukes.
Sad? yes. Do I want it? no. Will it happen? The Bible says it will.
So get right with God and trust Jesus as your Svaiour if you haven’t yet. It’s going to happen whether we like it or not.
Thanks for the dialogue PMfan! Have a good night eh.
“The Euro has collapsed and no one has noticed it.“
I’m pretty sure these people have noticed. They even have a notice. On their ATMs.
http://blog.alexanderhiggins.com/2012/06/11/major-italian-bank-freezes-all-customer-accounts-143851/
“May God Help Us All“
Nooo. No more Blankfein!
Jake I don’t like having to treat you like you treated queenbee but maybe I’ll earn a little of your respect so here is your exact post!
———————————————————————————————–
Jake June 13, 2012 at 12:48 PM
“One thing I noticed that when Gary mention Gold and Silver in the one sentence, which he did several times, he said “Silver and Gold” in that order. That is very odd, the natural, learned way to say the names of both metals in the one thought is “Gold and Silver”
YES—I Noticed This Too…But Didn’t Comment!—He Must Have Been Keen On Silver Comments From Callers Ahead Of This Interview And Nervous To Answer Them.—This Shows They Know The Public Is Furious About The Criminals, But Of Course, He Can’t Do Anything For Fear Of His Job. The Banksters Have Him By The Cross-Hairs.
——————————————————————————————————-
It may have been in response to him but you were definitely agreeing with him and drawing conclusions from there. However I certainly wasn’t trying to offend you, but my point Jake, is that some people here look up to your words of wisdom so I was surprised you drew the above conclusion based on a foundation that is way less than solid. I realize Hawkeye is not obligated to Radar because the little guy looks up to him (I’m Honeycutt in this analogy not Radar), but you seem way too intelligent to have gone there WITH MoonTears which lowers your credibility. One minute you’re chastising readers for not following your thoughts through all your complicated posts (I can reference this too if you insist) and the next you’re saying I wasn’t involved in the conversation??? HELLO! And besides that, this was a public forum last I checked and by the way I WAS in the conversation and AHEAD of you when I stated the following before you backed MoonTears up with your comments above.
—————————————————————————————————-
40OZ June 13, 2012 at 10:30 AM Burl Ives sang Silver and Gold, Silver and Gold, but his only nightmare was the abominable snowman.
——————————————————————————————————-
And speaking of credibility, and as I tried to impress upon everyone including you Jake when I replied to Marchas45′s comment regarding aragornsos’s win today,
——————————————————————————————————
40OZ June 14, 2012 at 6:28 PM It’s not about a one ounce silver round Charlie! It’s about CREDIBILITY!
—————————————————————————————————-
I DON’T GIVE A FAT RAT’S ASS ABOUT A ONE OUNCE SILVER ROUND JAKE! (I can also reference this if needed from from lomg past comments) It’s about credibility, so how dare you post the following bullshit in quotes as if I said it?
—————————————————————————————————-
Jake June 14, 2012 at 7:35 PM …Also, your complaining about “Not being able to win an oz. of silver” was pretty childish
—————————————————————————————————–
I stated no such thing and again this goes to your credibility. You may be the loudest every week but it doesn’t mean you can just sway back & forth like wheat in the wind and expect people to continue believing what you have to say or even reading it for that matter. And now you’re misquoting people for what reason if not to put people in there place beneath you?
Now don’t get me wrong Hawk, I appreciate your insight which is one of the ways I go about keeping myself better informed AS YOU SUGGESTED ABOVE so thank you for your posts. But keeping myself informed with the sky is falling bullshit like, “RED ALERT THE EURO HAS COLLAPSED,” and any other hype I likend to Fred Sanford (This is it. This is the big one! Here I come Elizabeth!) is not reality to me and each time we hear it makes it less and less and less and less and less and less CREDIBLE. Yet somehow, based on this, you’ve once again drawn a conclusion and this time as to how well I’m informed on what’s going on in the world? I know you’re entitled to your own opinion, but seriously Jake. Who the hell do you think you are?
I very much appreciated your lengthy reply to my question about buying silver at $40/OZ , but I also made it clear (well I thought I’d made it clear but maybe you didn’t follow my thoughts through) playing devil’s advocate is a great way to learn AND TEACH. I explained to you very carefully I was no trader so that was my attempt at letting you know I was using you so WE could BOTH help others. Jake I’ve thanked you before and I’ve thanked you again though I don’t know why you’ve brought this particular subject up today.
I guess all I was saying just before you started defending yourself by attacking me, and all I’m saying now is, maybe you shouldn’t be so quick rushing to judgement without having considered all the possibilities. I consider you way more intelligent than that! Now, if you want to apologize to me for carelessly misquoting me in order to call me childish for the apparent purpose of lifting yourself above me, I’ll be happy to accept!
I was really just trying to get a laugh out of you with my Sith comment while trying to understand how you could draw a conclusion to Gary’s motives based on Silver and Gold VS Gold and Silver because yes you did say in regards to this, “He Must Have Been Keen On Silver Comments From Callers Ahead Of This Interview And Nervous To Answer Them.—This Shows They Know The Public Is Furious About The Criminals, But Of Course, He Can’t Do Anything For Fear Of His Job. The Banksters Have Him By The Cross-Hairs.
These conclusions were indeed drawn from Silver and Gold. Now, if you’d like to address this subject without all the misdirectional bullshit about me, I’m sure there’s plenty of us who would like to read what you have to say.
Let them fight it out. That’s between those people over there. It seems like a lot of people are willing to commit our lives and money to other peoples causes and beliefs.
Thanks!
Jake you seem to think your the top dog around here.
You post all day and night. Pathetic. You are an rrogent blowhard baffoon and you will eventuallybe found out.
The doc putting up this crap rumer is bad for the PM community, and any potential new investors. That is the bottom line.
The information is BULLSHIT and all you can do is flame the new guy.
Are you the doc using an alias?
Lets see how long people agree to interviews with the doc after this glp like thread.
Gaurenteed I will not be placing an order through this person. NO Fricken Way.
Jake said, “I Told 40Oz What I Think Of Him”
No Jake you wrote a lot a shit to me with emotion instead of THOUGHT and anyone who reads my 10:37PM post and takes the time to REVIEW THE FACTS will easily see that.
You’re wrong Jake as we’ve seen tonight on multiple levels, but can you admit it or will you continue to defend yourself by attacking me?
Any bets? Anyone?
Hay dick weed I mean Got Goldies,
@427: Same as it ever was! (Talking Heads)
Jake you do come across as top dog around here. Remember my friend. A little humility goes a long way. Maybe you should start by apologizing for misquoting me and attacking me as if you were better than me. I’m not saying you think you are better than me. I’m just saying it could be construed as coming across that way.
Cat fight coming up?
Major Italian Bank Freezes All Customer Accounts
‘Financial difficulties’ force Bank Network Investments SpA (BNI) to begin a Bank Of Italy authorized freeze on all customer accounts.
On May 31st Bank Network Investments discretely posted an announcement on their website that they would be freezing all of their customers accounts for 1 month freeze on citing financial difficulties.
The announcement was posted and the bank gave customers 7 days to act before the Bank of Italy approved freeze went into effect.
The bank’s customers are saying they were completely unaware of the notice being posted and are just now finding out about it when they go to the bank or the ATM for the first time.
The media certainly hasn’t reported on it and news of the freeze is only now starting to make its way around the internet after a complaint was posted on the popular Italian consumer rights website Adiconsum along with a photo of a shutdown ATM.
Well, it’s the dynamics of a small forum. The ones who post the most say the most.
Doesn’t mean they were right or anything…….. Just saying.
BNI: Bank Investment Network Is Down
Home page of the bank (http://www.bancanetwork.it/) is reported out its slogan “A bank efficiently, always by your side.” But since this morning its customers are left to their fate, without any ability to access and use their own money.
Network Investment Bank, with a statement stiminzito decided and announced the suspension of any form of withdrawal and payment of money, with a notice of 7 days that unfortunately not all customershave had the opportunity and time to read (http://www. bancanetwork.it / content / suspension-of-payments).
The institute, in receivership since last November, announced that on May 31, the commissioners, “with the approval of the Monitoring Committee and with the approval of the Bank of Italy, have decided to suspend the payment of liabilities of any kind ‘for a month.
To the rescue – in the few lines we read online – have stepped forward and the group Sim Consultinvest Savings Bank of Ravenna, but in the meantime, depositors are furious.
Lovely conversation tonight. Ahhh! The smell of silver in the air. Lot of good stuff here tonight. Get some sleep and rest and start again tomorrow. Good night ya’ll.
Hey why all the fighting we are supposed to be on the same side you know.
The article above is sensationalist and contradictory, possibly written in a moment of hysteria or while the author was having a panic attack. At the moment there is NO evidence the Euro has collapsed. Articles the cry Wolf really don’t help and publishing them without authentication is at best ill advised, at worst discredits this forum.
I’m unfamiliar with Steve Quayle so I decided to look him up. He’s a bit silver foil hat for me.
I will stick with more traditional methods of gathering information, it has proved more reliable. I don’t wish to offend anyone on here, this is just my opinion.
Well, what I were trying to say is that parties on both sides of the fence have no and/or very little conclusive proof of whether the above alert is 100% off-base or not. Fighting with each other and allowing it to course division between us ain’t going to help any of us. I suggest we give time, time and allow history to be the judge of whether the alert was 100% off-base or not. Let’s all step back before we post, especially when we know deep down it won’t make a constructive and positive difference, but will only add oil to the fire.
Here is what you can be absolutley sure of:
The one thing those in power want more than anything else is to, STAY IN POWER.
To that end the elite will manipule this economic situation for as long as nessesary.
Count on it. They can print all the fiat they want, Thats why we are in PM`s
Silver Dollar Absolutely.
I ran into Steve Quayle on the web around 2005-2006
timeframe and after reading his stuff for a time have to say that he is out of
touch with reality at best and disinfo and conintelpro at worst. I read a wide range of topics that are
considered fringe and this guy’s research is terrible and his connections
doubtful and dirty. If the Doc wants to
post his alerts that have are alarmist and rooted in this guy’s fantasy land
that is fine, but don’t believe it and take drastic action based on it. Things are getting bad, but they have been this
way for some time. I like and agree with
the post by Kevin at cryptogon.com that they will flood the market with
unlimited fiat to keep the crooked and corrupt system afloat. They want endless war and total control and a
crashing monetary system makes it the most difficult. So looks like it will be the slow grind and
spread of international fascism with one leg of the plan being coordinated
central bank action and collusion:
http://cryptogon.com/?p=30007
People are emailing me about other
sites that are going full freakout with advice to empty bank accounts and
activate doomsteads, etc. and why am I not freaking out, running for the hills,
etc.
Ok, first of all, I “ran for the
hills” back in 2006, and it has been quite nice out here, thanks. Second, if
this Eurozone situation genuinely goes sideways, recall the vocabulary lesson
from 2008 where we learned about the term, “unlimited”
as it relates to the totally bogus financial system:
The U.S. Federal Reserve led an
unprecedented push by central banks to flood financial markets with dollars,
backing up government efforts to restore confidence in the banking system. The
ECB, the Bank of England and the Swiss central bank will offer unlimited
dollar funds in auctions with maturities of seven days, 28 days and 84 days
at a fixed interest rate, the Washington-based Fed said today. The Bank of
Japan may introduce “similar measures.”
So, what’s the difference between
2008 and 2012?
About four years. That’s it. It’s
called kick the can and it has been going on for decades. So, is Monday finally
going to be it? The End. For reals?
While anything is possible, I seriously
doubt it.
All collapse is local. If you’re
reading from Greece, you know this. However, I don’t yet see this as a systemic
threat. While I’m not saying that disorderly moves won’t happen, you need to
understand that these central banks can and do collude when necessary. The Reuters
piece below indicates that the same voodoo magic show, that we saw in 2008, is
about to kick off again.
Now, I did make one small defensive
play. I moved a large portion of our cash from a call account into a higher
yielding term deposit account to lock in a higher rate for a year in case the
RBNZ eases in the face of European chaos. But that’s it. I keep our savings
mostly in cash and gold, with a small portion of the cash available for very
speculative, short term equity plays that I don’t talk about much on here.
A far more disturbing prospect than
some kind of financial stop event is that the grindhouse continues to operate,
sucking up ever more of people’s assets and converting them into wars and
technologies of political control. That’s my guess as to where we’re headed.
Here is some digging on Quayle:
http://cassiopaea.org/forum/index.php/topic,7643.0.html
Fringe is usually where the real action is…
“The opposite of courage in our society is not cowardice, it is conformity.”
–Rolo May
For example, why is belief in UFOs considered ‘lunacy’ by most people? Because most people want to conform to the idea that only ‘fringe’ people believe in UFOs. And why do most people do this? Because that is how the media have programmed them.
It is the responsibility of each individual to judge any story or article published anywhere, and not blindly believe anything just because it was published on a ‘reputable’ website. That is what censorship is, to limit the amount of information instead of letting the reader make their own judgments. The responsibility of each individual is to learn to judge things, and to think for themselves, and not just trust any particular website only. Of course, from experience, one can learn which sites publish interesting information vs those that are primarily propaganda (like the mainstream media). Is is from lack of experience that some people react unjustifiably when an alarmist-sounding message is published anywhere in the world.