Derivatives Meltdown Part 2 + Let’s See How Obama/Kerry Respond To This…

[Update on MH17]:  It’s starting to not look so good for the Ladies who doth protest too much (Obama/Kerry/Biden/Feinstein/McCain/etc).  Russia has satellite images showing Ukrainian troops deploying the type of missile involved and wonders why the U.S. won’t release satellite photos from a U.S. satellite that was directly overhead at the time, among other questions raised by Russia:   10 Questions From Russia For Obama

Oops – Obama pisses off China on MH17 now: China Condems Obama’s Response to MH17. That’s not good, given that China is America’s largest lender and enables the hoi polloi here to borrow and spend…

If you’re bored by the that topic already, then maybe Part 2 of our derivatives Armageddon series will interest you.  In this video we discuss some of the insanity that lies behind U.S. derivatives accounting rules and how they favor the banks at our expense:

The coming derivatives collapse is one of the primary reasons the price of gold (and silver) is going to the moon. Gold will start moving well in advance of this event but it will go parabolic once it becomes obvious to everyone.

Assuming the markets remain functional in the aftermath, the junior mining stocks will move even more than gold/silver.

12 thoughts on “Derivatives Meltdown Part 2 + Let’s See How Obama/Kerry Respond To This…

  1. To be honest, I have no clue who to believe anymore. One side says PMs are “going to the moon” and the other side say: PMs to collapse in the coming months/years!

    Such a frustrating time to invest!

  2. That is one of my biggest fears is – Assuming the markets remain functional in the aftermath. I really want to retire and sick of working in the corporate world.

  3. @ Dave

    Do you have a ‘watch trigger’ see when ALL the connected and thieves exit the stock market..prior to its crash….just asking

  4. Absolutely! Trust yourself and no one else. What do you believe?? I believe the accounting in this country is complete bullshit. Enron on Bath Salts!! I hold silver coinage because one day this crap will stop. If not in my lifetime, then my daughter will have some “real”money. To hell with bankers!

  5. I’m on pins and needles to see what happens when the bankster “fix” in silver ends in Aug. The paper traders just won’t let the metals get traction. What if all the paper holders demanded physical, all at once ? Could that even happen. How many more dollars can be printed before the dollar is negative like the -2.9 GDP ? Could that happen ? These may seem like stupid or smart ass questions but I honestly don’t know the answers and am hoping someone can tell me.

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