Steve tell your listeners to ignore ETFs and continue buying Physical SILVER and GOLD no matter what "spot price" is. Please tell them to take cash out NOW!!!! Only keep in bank what you can afford to lose and what you need to pay bills and expenses. Please tell them to get money out NOW!!! They have till December the latest to do so. Be mindful it CAN HAPPEN SOONER. Prices of Metals without manipulation $1000 SILVER $5000 GOLD---Steve Great show Im listening to you right now.
Here is the latest truth on Spain. The bailout already happened by stealth from very reliable sources. My sources are never wrong. The Bank holiday is going to spill over to Spain, Portugal and France. The Flight to safe harbor now is the UK. From there you will see flights to the US dollar. The main players have moved to Gold. Watch for another shock to SLV and GLD market. This will cause shaky uncommitted hands to dump more SLV and GLD physical. ETF markets will take massive hit.
Germany will start to have massive upheaval as their banks Duetche Bank in particular is over exposed to Spanish Flue, solvency crunch will hit Germany, look for Germans to go mad over the fact they can not have access to their funds.
Evolving..... Dollar only rises with IR Swaps and flight to "safe currency" once dirivative market bursts all of this goes parabolic high velocity crash. This is due to the fact that the dollar is exposed as WORTHLESS due to the overleveraged CDS exposure.Very little SILVER left to be mined. It is a precious and Strategic metal. SILVER will be less plentiful than GOLD.Steve Russian economy willl suffer greatly due to EuroCollapse. This is due to the dependency that the Russian economy has with Euro zone energy exports. (GAZPROM) Greek crisis has hurt Russian Natural Gas exports.
Russians are angry at Eurocrats due to their inability to fix the crisis. They are blaming the whole entire western banking system for the recent decline of the Ruble. Steve some of the investors that lost big in Iceland were the Russians and guess what? They are vested in Greece as well. Take to account this along side with recent NATO aggression does not work to help this particular situation.Steve remember Deutsche Bank is #2 only to PNB Paribas the French Banking Giant. The kicker here is that both of their derivative exposure combined is over $125 Trillion!!! You have to be solvent in order to be liquid. This is a solvency crisis. The average joe on the street is duped into thinking it's liquidity. There is no liquidity.Chinese will back Yuan with Gold. They are stealth dumping US Tbonds. Have not been in any major bond auctions for the last year or so. Will form new banking/ trade system with BRICS---Morgan Stanley is next Lehman bros due to Facebook and Euro exposure. Close all equity accounts and exit markets now. V
Source: Steve Quayle.com
Wednesday, June 13, 2012
Financial Crisis in “real time” – U.S. media silent
By Douglas J. Hagmann & Joe Hagmann; The Hagmann & Hagmann Report
12 June 2012: Steve Quayle broke the news in real time during our special Sunday Edition of The Hagmann & Hagmann Report: Italy’s oldest and 4th largest bank, Bank Network Investments, or BNI, ran out of money and declared a “bank holiday.” Now I will ask our readers and listeners to try to find information about this significant event in the major media in the United States. Go ahead, we’ll wait.
Back so soon? Couldn’t find any Western media outlets reporting on this very significant event? What’s that? You did not see this reported in any of the major media news – television or print? Wasn’t covered by the Obama White House? Must be that Steve Quayle is spouting off more of his “conspiracy nonsense” again. Oh, wait…
It seems that the Bank of Network Investments own website confirms the bank “holiday,” but unless you are able to speak the language, you’ll have to use a translator.
Oh, and you haven’t seen network news coverage about the rioting in Spain due to their financial crisis? Economist Hal Dunham, a guest on hour two of last night’s Hagmann & Hagmann Report, just returned from Europe on business but skipped Spain, but not because he’s tired of the cuisine. “It’s too dangerous,” he told our audience last night.
Coming to America
No, we’re not talking about the 1988 movie starring Eddie Murphy, and we’re not laughing. In fact, we warning that what you are witnessing in Italy and across Europe is coming to the United States. Unless you are paying attention and not watching a gaggle of post-menopausal women swooning over Obama’s latest “tele-prompted” speech, you’re going to find out the hard way. And the ay we see it, most will never see “it” coming.
One morning on your way to work, you might stop at the ATM to find out that the machine is empty or out of service. Instead of the breakfast sandwich you’ve eaten while driving to work, you decide to skip the morning snack and gas up, muttering under your breath that it was you’re husband’s job the night before, but he was too wrapped up in the game to fill up your car. You slide your debit card into the pump and ugh, the card is rejected. Must be a mistake. As you reach into your purse, you find a few “singles” and some change, not even enough for a gallon of gas. As you look at your gas gauge again, you feel confident that you can make it to work and back home, but just barely.
You travel to your bank, ready to complain about the problem but are surprised to learn that despite the lateness of the hour, a hastily printed sign is hanging on the bank branch door says the bank is “temporarily” closed. No other information. You can see bank employees huddled in a group inside and other employees milling about, but are waved off by someone inside. Hmmm, maybe they were robbed?
Close. YOU were robbed. WE are being robbed, right now – as you read this. Can’t, won’t or isn’t happening in America? Oh really?
Are you prepared for what is coming?
Source With Links: Northeast Intelligence Network
12 June 2012: Steve Quayle broke the news in real time during our special Sunday Edition of The Hagmann & Hagmann Report: Italy’s oldest and 4th largest bank, Bank Network Investments, or BNI, ran out of money and declared a “bank holiday.” Now I will ask our readers and listeners to try to find information about this significant event in the major media in the United States. Go ahead, we’ll wait.
Back so soon? Couldn’t find any Western media outlets reporting on this very significant event? What’s that? You did not see this reported in any of the major media news – television or print? Wasn’t covered by the Obama White House? Must be that Steve Quayle is spouting off more of his “conspiracy nonsense” again. Oh, wait…
It seems that the Bank of Network Investments own website confirms the bank “holiday,” but unless you are able to speak the language, you’ll have to use a translator.
Oh, and you haven’t seen network news coverage about the rioting in Spain due to their financial crisis? Economist Hal Dunham, a guest on hour two of last night’s Hagmann & Hagmann Report, just returned from Europe on business but skipped Spain, but not because he’s tired of the cuisine. “It’s too dangerous,” he told our audience last night.
Coming to America
No, we’re not talking about the 1988 movie starring Eddie Murphy, and we’re not laughing. In fact, we warning that what you are witnessing in Italy and across Europe is coming to the United States. Unless you are paying attention and not watching a gaggle of post-menopausal women swooning over Obama’s latest “tele-prompted” speech, you’re going to find out the hard way. And the ay we see it, most will never see “it” coming.
One morning on your way to work, you might stop at the ATM to find out that the machine is empty or out of service. Instead of the breakfast sandwich you’ve eaten while driving to work, you decide to skip the morning snack and gas up, muttering under your breath that it was you’re husband’s job the night before, but he was too wrapped up in the game to fill up your car. You slide your debit card into the pump and ugh, the card is rejected. Must be a mistake. As you reach into your purse, you find a few “singles” and some change, not even enough for a gallon of gas. As you look at your gas gauge again, you feel confident that you can make it to work and back home, but just barely.
You travel to your bank, ready to complain about the problem but are surprised to learn that despite the lateness of the hour, a hastily printed sign is hanging on the bank branch door says the bank is “temporarily” closed. No other information. You can see bank employees huddled in a group inside and other employees milling about, but are waved off by someone inside. Hmmm, maybe they were robbed?
Close. YOU were robbed. WE are being robbed, right now – as you read this. Can’t, won’t or isn’t happening in America? Oh really?
Are you prepared for what is coming?
Source With Links: Northeast Intelligence Network
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