Tag Archives: SGT Report

The Government Is Coming For Your 401k/IRA As Silver Soars

It depends on how cynically you want to look at this but I think the most cynical interpretation is the correct interpretation.  – IRD on SGT Report

The Government is going to “herd” retirement funds into funding U.S. Treasury debt. – SGT Report

About 12 years ago I said to friends and colleagues that the elitists would hold up the system with printed money for as long as it took to sweep every last crumb of middle class wealth off the table and into their pockets.  If you don’t have enough spare cash laying around to buy your own Federal level politician, you’re middle class by definition.

After they plunder the housing market, the last asset left to confiscate will be the retirement assets.  That process has started and the SGT Report invited me on to his podcast show to discuss the shocking notice he received from his 401k administrator.


The next issue of the Mining Stock Journal will be released Thursday.  I will focus on the stunning move in silver and will feature a very interesting and speculative gold exploration company which is getting ready to begin drilling the property using modern technology around one of the formerly largest gold mines in the world.

Silver Remains The Cheapest Investment On Earth

As discussed earlier, today’s price-action in the paper Comex gold market is nothing that a reflection of the Fed’s desperate attempt to keep the price of gold from breaking out above $1300.   The reason for this is that a break-out above $1300 would trigger a lot of computer-generated buying and likely catapult gold in the $1500’s rather quickly.   If you notice, since the end of April the Fed has slammed gold as it traded above $1290.  $1300 was rejected on May 2nd and 3rd.  It’s similar to when gold was punching on the ceilings set at $400, $500, $600 etc back in the mid-2000’s.

Silver is a much smaller market and is used for more than just a currency and wealth preservation asset.  Depending on the relative strength of the economy, up 70% of all silver is used for industrial applications.  At the margin, a small incremental shift in the demand curve for investment silver has the potential to bury the issuers of uncovered paper silver (Comex futures, OTC derivatives, LBMA forwards, etc).

When the Fed/ECB/BOE/BIS loses control of the precious metals derivatives markets – an event which could easily occur this year – silver’s rate of appreciation will stun most observers/commentators.   The SGT Report invited me on its podcast show to discuss the precious metals market and the insidious corruption that has engulfed the U.S. system.

You can subscribe to the Mining Stock Journal using this link – new subscribers will receive all of the back-issues (March 4, 2016 debut):   MINING STOCK JOURNAL


The Global Bubble Is Popping – SGT Report Podcast

“Two kindred spirits talking about reality” –  SGT

“What caused me to almost fall off my chair when I read that article (San Francisco Fed President John Williams gave a speech in which he stated that he Fed would raise interest rates 3-5 times in 2016 and asserted that the economy “is in good shape”) was when he said the economy was doing fine. I’m not really sure what data he’s looking at or if he’s being completely disingenuous for the sake of being a cheerleader on the economy…We would have to sit down with him in private and show him the data and say, “what are you really looking at here, John, because your statement makes you look like a complete idiot to everyone out there who knows the truth.”

“Anyone who wants to buy precious metals now and they understand the reason why and they want to convert their fiat currency into precious metals – buy as much silver as can…silver is extraordinarily cheap outright and its extraordinarily cheap vs. gold.”

TPP, The Comex, Greece/EU, The Bond Market: The Final Solution Redux

The naked short interest in Comex silver is potentially building to the mother of all short squeezes and I think the fact that they are piling on more and more naked interest on the Comex tells us that they’re losing control of this.  – Investment Research Dynamics on The SGT Report

The TPP Agreement is going to be the final nail in the coffin of the middle class in the United States (and for the middle classes in all the signatory countries).  The TPP outright usurps the sovereignty of the signatory countries and hands rule of law over to the large transnational corporations.   This means that under this Agreement, the Constitution and all Federal/State laws can be nullified by “legal” decisions imposed under the TPP Agreement.

The Final Solution 2.0:  The Murder of the Middle Class

I was on the SGT Report this week to discuss the ways in which the wealthy and political elitists are implementing an end-game which involves completely destroying the United States and sweeping every last crumb of middle class wealth off the table and into their own pockets.  I actually predicted this would happen back in 2003, when people who saw this coming were considered to be extreme conspiracy theorists.

In fact, a very good friend of mine in NYC told me back then that I was “seeing black helicopters.”  He called me up one day in 2008 and said:  “I can’t believe how right you’ve been this whole time.”

If you think I’m exaggerating, consider this: Right now the leading Democratic front-runner for the Presidency is a woman who used the office of the Secretary of State to sell her influence to the highest bidders abroad for her own personal gain. Not only that, she openly committed felonies including abuse of power and destruction evidence.  The crimes against the people of the United States committed by Nixon look like petty theft from a lemonade stand compared to the crimes the elitist are committing openly now with no consequences.

Not only should be be under detainment and indictment for several crimes, she committed to treason. Instead, she’s gleefully running for President, secretly laughing at all the idiots who slavishly support here.

Try to enjoy what you can, as much as you can, while you still can. Sooner or later these criminals are going to pull the rug out from under you and there’s nothing you can do about it at this point.

Guest Post – SGT Report: China, Gold And Bloomberg Disinformation

There is a great monetary reset coming. There is a day of reckoning on the horizon for the tsunami of fiat which has flooded the planet. There will be a revaluation of the gold (and silver) price that will revalue the precious metal at a price far higher than the manipulated price we see today.  – SGT Report

An entity called “Bloomberg Intelligence” published an article which asserted that the price of gold would need to be $64,000/oz in order for China to back its currency with gold. Unfortunately, the article lacks any meaningful depth of intelligent analysis.  Additionally, there is a glaring absence of documented assertions and reference-base facts to support the article’s thesis.

The SGT Report has saved me the time of slashing and burning this poor excuse for journalism:

We’re not sure who ‘Bloomberg Intelligence’ is or from where they are gathering this “intelligence”, but it would be helpful if they dealt with some of the commonly known facts about China’s gold hoard which we cover daily here at SGT Report.

When Larkin and Van Der Walt claim “A traditional gold standard, in which the precious metal backs the currency, is basically impossible at current prices due to the amount of metal needed“, one wonders what in the world they are trying to say. Are they referring to the total amount of Dollars in circulation worldwide? Are they referring to the total fiat money quantity (FMQ) which we have discussed at length with Gold Money’s Alasdair Macleod? Regardless, a $64,000 per ounce gold price itself would be the direct result of re-pricing the oceans of fiat in circulation to the relatively tiny amount of physical gold.

Once again we see obfuscation of the facts from the mainstream mockingbird financial publication Bloomberg.

First, the authors claim that 10,000 tons of gold is NINE TIMES more than China’s “official holdings”. While that may be true, certainly Larkin and Van Der Walt are aware that China now likely holds far more gold than its officially reported total of 1,054 tons. In fact, unless Larkin and Van Der Walt are entirely incompetent imbeciles, they must be aware that even the mainstream mockingbirds at Market Watch are reporting that China is about to come clean about how much gold it really owns.

You can read the rest of SGT’s analysis here:  Bloomberg, China and $64,000 Gold