Bitterroot Bugle post categories

Global Skywatch

hi ho silver

Silver Will Be The Trade Of The Decade At It’s Current Price I’m starting to warm up to the idea that the fraudulent silver price fix on the LBMA a couple weeks ago marked the final “capitulation” of the nearly 5-year price pullback in silver and 4+ year pullback in gold. We have yet to hear a satisfactory explanation from the LBMA for the exceedingly odd price behavior of silver seconds before the a.m. London silver price was set on January 28th. I believe that event marked the “last gasp” effort by the highly corrupt LBMA bullion banks to shakedown the physical silver market in order to get their hands on as much physical silver as possible at as […]

Morgan Stanley fine

Morgan Stanley will pay $3.2bn to US authorities to settle claims that it misled investors about risky mortgage bonds sold before the financial crisis. In 2015, a tentative deal to pay $2.6bn was announced, but New York authorities pushed to increase that amount. Morgan Stanley acknowledged it had misrepresented the quality of the mortgage bonds. The bank said it had previously set aside funds for the settlement. (Editor note: Keep in mind that these fines, as huge as they sound, are a small percentage of the profits they made from bilking those who trusted them with their money. – Ted) “Today’s settlement will deliver resources to the families and communities that need them the most, while helping New Yorkers avoid […]

silver whack-a-mole

Silver prices are far below simple ore extraction costs. Refined and minted silver is over twice the price currently reflected in a heavily manipulated market. Well over 90% of the COMEX transactions used to determine the market price are of paper promises rather than solid silver. Manipulators trade extraordinary volumes of silver vaporware to keep the price artificially low. This props up the fiat paper money market AND allows the elites to continue accumulating silver (and gold) at artificially low prices. The problems for them are that silver has hundreds of industrial uses, demand is far greater than supply and people are demanding physical silver as a reliable store of wealth. Kitco’s 60 Day Silver chart looks like a game […]

grand theft bankster style

Dystopian fiction abounds with tales of heroes having their electronic cash shut off or being tracked via their electronic transactions. It happens in the real world too. Bank closures separating fools from their money have happened repeatedly throughout history, including very recent events chronicled here. What they glibly call “bank holidays” are exactly that: the banks take days or weeks off while those who entrusted their money to the banks get no access to their savings and earnings. What often happens after massive bank shutdowns is a re-opening with the money being worth less or actually just less of it. More than a bit disconcerting is the number of people willing to have their personal wealth converted to a tool […]

currency reset

Mining Co. CEO: “Very Sophisticated High Net Worth Investors Are Buying Up Physical Precious Metals” by Mac Slavo, SHTFPlan: According to the CEO of one of the world’s top primary producers of silver, looming precious metals shortages could drive the price of gold to $5000 and silver to $100 over the next three to five years. Keith Neumeyer, who oversees First Majestic Silver and is also the Chairman of mineral bank First Mining Finance, says that with commodity prices in capitulation mining companies around the world are either reducing operations or outright shutting down, the consequence of which will be a supply crunch across the industry and a resurgence in precious metals prices. And Neumeyer isn’t the only one […]

your bank deposits are no longer secure

A Crisis Worse Than ISIS? Bank Bail-Ins Begin By Ellen Brown With my commentary at the bottom, after her essay – Ted While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US. Poverty also kills. At the end of November, an Italian pensioner hanged himself after his entire €100,000 savings were confiscated in a bank “rescue” scheme. He left a suicide note blaming the bank, where he had been a customer for 50 years and had invested in bank-issued bonds. But he might better have blamed […]

the forgotten meaning of Sound Money

(and Why It’s Coming Back) The following was written by Sound Money Defense League and columnist Guy Christopher, a veteran writer living on the Gulf Coast. A retired investigative journalist, published author, and former stockbroker, Christopher has taught college as an adjunct professor and is a veteran of the 101st Airborne in Vietnam. We Americans no longer carry gold and silver money in our pockets and purses as our grandparents did during their lives. But we still carry the history, legacy and spirit of those gold and silver coins in our language – with more meaning than you might imagine. “Sound money” has a clear message recognized for centuries around the world. It describes the musical, metallic ring […]

banksters earning their name

There is a Good Chance Your Bank is Committing a Major Crime Right Now By Dan Steinhart On April 10, 2006, Mexican authorities searched through a DC-9 jet at the airport in Ciudad del Carmen. They found more than five tons of cocaine … valued at more than $100 million. If you’re like many Americans, you’re not surprised by a story like this. Not a year goes by without a few big media stories about Mexican drug cartels. However, you probably will be very surprised to learn who aided and abetted the drug operation: it was US banking giant Wachovia. After an investigation that took years, Wells Fargo, which now owns Wachovia, paid a $160 million fine to settle the […]

money laundering

Neither as clean nor as lucrative as printing your own. These reeked of tobacco smoke.

lifeline to Greece

Yesterday I outlined the Greek financial dilemma or “crisis” as mainstream media loves to put it. Today the presstitute headline proclaimed: ECB THROWS GREECE A LIFELINE. I almost choked on my freshly-brewed cup of fresh-roasted coffee. The Greeks almost swam free of the Titanic, but the ECB snagged ’em with a grappling hook. Torn and bleeding, they were drug back on board. Other potential escapees were thus warned, “You won’t get out without serious resolve, and a fight”. This is a continuation of the story I outlined yesterday. See: sold to the lowest bidder. Much as with the Titanic, get yourself into a lifeboat, rowboat, ANYTHING. Get OUT of the doomed Ponzi scheme; the financial house of cards. Be ready […]

Greece on the slippery slope

Cyprus, Venezuela, Ukraine, Yemen, Greece … If you aren’t paying attention, serious changes are going to surprise and shock you. Last Friday, Prime Minister Tsipras assured the Greek people that the banks were solid. Monday their money was not so much theirs any more. …As the clock ran out on a Greece deal, Greeks were handed a daily 60 euros ($67) cash withdrawal limit, sending crowds of elderly depositors who do not have ATM cards rushing to closed bank branches. “I came here at 4 a.m. because I have to get my pension,” said 74-year-old Anastasios Gevelidis, one of about 100 retirees waiting outside the main branch of the National Bank of Greece in the country’s second-largest city of Thessaloniki. […]

Do as I say, not as I do … suckers

Most people who have any savings at all have it “invested” in stocks, bonds, real estate, mutual funds or bank deposits. ALL of those are floating on a cushion of paper currencies with every central bank in the world printing (electronically now) rapidly increasing mega-volumes of unbacked currencies to keep all of these bubbles alive. Every single investment “The Experts” recommend, and every single investment those wizards do on behalf of their trusting customers are in the paper bubble economy. Meanwhile, what exactly are they doing with their extraordinary profits and exorbitant salaries they take off the top? JPMorgan (JPM) has piled up the largest holding of physical silver in modern world. Since the silver price peak in May 2011, […]

Do as they do, not as they say

Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History? By Michael Snyder Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great investment. But in recent times, the price of silver has actually fallen quite a bit. As I write this, it is sitting at the ridiculously low price of $15.66 an ounce. So up to this point, JP Morgan’s investment in silver has definitely not paid off. But it […]

Iceland economics – same as the old boss

Meet the new boss; same as the old boss. In Animal Farm, George Orwell writes of the barnyard overthrowing the wicked farmer and the evolution to a new boss – with no fundamental change in the structure of users and usees. That comes to mind as I trip over a Chicago-School economist reviewing and recommending modifications to the new banking system in Iceland: Iceland may have cure to bad banking. Unsurprisingly, mainstream media, a wholly owned subsidiary of the world’s central bankers, publishes the delightful-sounding obfuscations of a credentialed preacher for their cause. Iceland, you may recall, suffered through an extreme boom-bust cycle – which is the signature achievement of all central banks. They print paper payment promises in prodigious […]