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There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!

 
Sky Pilot
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04/14/2013 06:22 PM
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There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!

Comex Gold:

Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001 (roughly the beginning of the bull market). See chart below...

[link to bullmarketthinking.com]

Comex Silver:

COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!
Nearly 4 million ounces of physical metal has vaporized from COMEX vaults as the rush to physical intensifies in the wake of the Cyprus bail-in wealth confiscation as news has spread that nations the Western world over are preparing to shove the next banking crisis down the throats of depositors.

[link to silverdoctors.com]

GLD:

GLD Holdings Plunge...

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

[link to news.goldseek.com]

Brinks, CNT, Delaware, HSBC, & Scotia:

Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT’s physical silver inventories vaporized for the 2nd consecutive day, cutting CNT’s physical silver inventories by 1/3 in only 48 hours!
Brinks’, CNT, Delaware, HSBC, & Scotia (every vault except JPM) all saw significant physical withdrawals, as a massive 2.7 million ounces of physical metal fled COMEX depositories.

[link to silverdoctors.com]
Anonymous Coward
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04/14/2013 06:26 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
Market on the move Gold and silver dropping again!bump
Sky Pilot  (OP)

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04/14/2013 06:30 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
This is hugely significant. 5 Stars anyone?
Anonymous Coward
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04/14/2013 06:36 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
I 5 starred ya! Thanks for compiling that info in one post. Very interesting...I'm watching like a hawk!
Mukk1234

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04/14/2013 06:37 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
Anonymous Coward
User ID: 1404997
Germany
04/14/2013 06:39 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


I bought some ASEs from APMEX earlier today.

Get 'em while you still can, folks.
Anonymous Coward
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04/14/2013 06:39 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


WOW!!!
Mukk1234

User ID: 12272727
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04/14/2013 06:41 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


I bought some ASEs from APMEX earlier today.

Get 'em while you still can, folks.
 Quoting: Anonymous Coward 1404997


What was the spot at APMEX?
Quasar

User ID: 37986425
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04/14/2013 06:42 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
This attack will continue perhaps ending latter part of May or mid-June when the next wave up begins.

I may be incorrect though as this market does not function via fundamentals anymore...

Last Edited by Quasar on 04/14/2013 06:46 PM
Mukk1234

User ID: 12272727
United States
04/14/2013 06:44 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
This attack will continue perhaps until mid-May or mid-June when the next wave up begins.

I may be incorrect though as this market does not function via fundamentals anymore...
 Quoting: Quasar


You're right about that. Throw everything you used to know out the friggen window we are in for a bumpy ride folks.
Anonymous Coward
User ID: 1404997
Germany
04/14/2013 06:44 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


I bought some ASEs from APMEX earlier today.

Get 'em while you still can, folks.
 Quoting: Anonymous Coward 1404997


What was the spot at APMEX?
 Quoting: Mukk1234


Spot was $25.88 if I remember correctly. I had to pay just over $30 per ASE.

APMEX are buying back ASEs at about $2.00 OVER spot price.
Mukk1234

User ID: 12272727
United States
04/14/2013 06:44 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


I bought some ASEs from APMEX earlier today.

Get 'em while you still can, folks.
 Quoting: Anonymous Coward 1404997


What was the spot at APMEX?
 Quoting: Mukk1234


Spot was $25.88 if I remember correctly. I had to pay just over $30 per ASE.

APMEX are buying back ASEs at about $2.00 OVER spot price.
 Quoting: Anonymous Coward 1404997


WOWSER!!!!!!!!!!!! Good thing you bought some....
Renegade (Me too)

User ID: 37780108
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04/14/2013 06:45 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
People this is very real. Look here at one of the largest dealers in the country. Look at the silver offerings.

SOLD OUT...SOLD OUT... Across the board. I have never ever seen Tulving sold out of this much silver.

Remember he is a bulk dealer. Minimum orders for silver is 500 coins. Gold is 20 coins.

This is very real. Physical is draining rapidly. Act accordingly and fast.

[link to www.tulving.com] SE
 Quoting: Mukk1234


Lot of ***sold out*** at gainesvillecoins.com. Especially the monster boxes.
[link to www.gainesvillecoins.com]
Who is John Galt?
MaxMad

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United States
04/14/2013 06:46 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!

Comex Gold:

Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001 (roughly the beginning of the bull market). See chart below...

[link to bullmarketthinking.com]

Comex Silver:

COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!
Nearly 4 million ounces of physical metal has vaporized from COMEX vaults as the rush to physical intensifies in the wake of the Cyprus bail-in wealth confiscation as news has spread that nations the Western world over are preparing to shove the next banking crisis down the throats of depositors.

[link to silverdoctors.com]

GLD:

GLD Holdings Plunge...

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

[link to news.goldseek.com]

Brinks, CNT, Delaware, HSBC, & Scotia:

Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT’s physical silver inventories vaporized for the 2nd consecutive day, cutting CNT’s physical silver inventories by 1/3 in only 48 hours!
Brinks’, CNT, Delaware, HSBC, & Scotia (every vault except JPM) all saw significant physical withdrawals, as a massive 2.7 million ounces of physical metal fled COMEX depositories.

[link to silverdoctors.com]
 Quoting: Sky Pilot


No mention of the silver mine collapse???? Thats 16% of yearly inventory...
Anonymous Coward
User ID: 1404997
Germany
04/14/2013 06:48 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
...


I bought some ASEs from APMEX earlier today.

Get 'em while you still can, folks.
 Quoting: Anonymous Coward 1404997


What was the spot at APMEX?
 Quoting: Mukk1234


Spot was $25.88 if I remember correctly. I had to pay just over $30 per ASE.

APMEX are buying back ASEs at about $2.00 OVER spot price.
 Quoting: Anonymous Coward 1404997


WOWSER!!!!!!!!!!!! Good thing you bought some....
 Quoting: Mukk1234


Even though these prices are way above what I've paid for the majority of my stack, I'm still feeling good about today's buy.

The silver con at the CRIMEX has to end before too much longer. Shortages of physical all over.
SteamrolledGobias

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04/14/2013 06:48 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
bump
Mukk1234

User ID: 12272727
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04/14/2013 06:49 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!

Comex Gold:

Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001 (roughly the beginning of the bull market). See chart below...

[link to bullmarketthinking.com]

Comex Silver:

COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!
Nearly 4 million ounces of physical metal has vaporized from COMEX vaults as the rush to physical intensifies in the wake of the Cyprus bail-in wealth confiscation as news has spread that nations the Western world over are preparing to shove the next banking crisis down the throats of depositors.

[link to silverdoctors.com]

GLD:

GLD Holdings Plunge...

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

[link to news.goldseek.com]

Brinks, CNT, Delaware, HSBC, & Scotia:

Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT’s physical silver inventories vaporized for the 2nd consecutive day, cutting CNT’s physical silver inventories by 1/3 in only 48 hours!
Brinks’, CNT, Delaware, HSBC, & Scotia (every vault except JPM) all saw significant physical withdrawals, as a massive 2.7 million ounces of physical metal fled COMEX depositories.

[link to silverdoctors.com]
 Quoting: Sky Pilot


No mention of the silver mine collapse???? Thats 16% of yearly inventory...
 Quoting: MaxMad


Good point!!!!!!
Anonymous Coward
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United States
04/14/2013 06:52 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The reports of massive drainage of Gold and Silver inventories are pouring in from around the world. Now do you understand why the Feds are attacking it so desperately? They need to stop the run before it forces the Comex and others into default! They are totally desperate now!

Comex Gold:

Over the last 90 days without any announcement, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter since eligible record keeping began in 2001 (roughly the beginning of the bull market). See chart below...

[link to bullmarketthinking.com]

Comex Silver:

COMEX registered silver inventories have fallen off the proverbial cliff this week, as registered supplies have dropped a massive 10% in the last 48 hours!
Nearly 4 million ounces of physical metal has vaporized from COMEX vaults as the rush to physical intensifies in the wake of the Cyprus bail-in wealth confiscation as news has spread that nations the Western world over are preparing to shove the next banking crisis down the throats of depositors.

[link to silverdoctors.com]

GLD:

GLD Holdings Plunge...

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?

The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.

[link to news.goldseek.com]

Brinks, CNT, Delaware, HSBC, & Scotia:

Epic drainage of physical silver inventories continued Tuesday, as 17.3% of CNT’s physical silver inventories vaporized for the 2nd consecutive day, cutting CNT’s physical silver inventories by 1/3 in only 48 hours!
Brinks’, CNT, Delaware, HSBC, & Scotia (every vault except JPM) all saw significant physical withdrawals, as a massive 2.7 million ounces of physical metal fled COMEX depositories.

[link to silverdoctors.com]
 Quoting: Sky Pilot


No mention of the silver mine collapse???? Thats 16% of yearly inventory...
 Quoting: MaxMad


George Soros said to "pull it." tounge
Sky Pilot  (OP)

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04/14/2013 06:52 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The more they drive the paper price down, the more physical will be bought up at bargain basement prices. This will only make the run and the shortages worse. Think Ammo shortage.

This is an act of desperation and we may be witnessing the beginning of a downward self-reenforcing spiral in PM inventories ultimately leading to default by Comex and others.
Anonymous Coward
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04/14/2013 06:55 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
I agree with this post...just understand that it's not actually an 'attack', but the frantic settling of paper. This is what happens in the market when a commodity is getting scarce...it recedes to it's actual value due to settlements. However, it also means that the base value will begin appreciating.
GFX guy

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04/14/2013 06:57 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
haveabump

+ pin
Anonymous Coward
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04/14/2013 06:58 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
CANT EAT GOLD, CANT EAT SILVER!

cruise
Anonymous Coward
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04/14/2013 07:00 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
It will just be replaced with paper.
Mukk1234

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04/14/2013 07:01 PM

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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
CANT EAT GOLD, CANT EAT SILVER!

cruise
 Quoting: Anonymous Coward 37021243


Why is it this shit comes up on every silver and gold thread. Dude your a fucking idiot, everyone knows that. Retard why don't you add something relevant then this same stupid statement.

:SAY WHAT:
Sky Pilot  (OP)

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04/14/2013 07:01 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
I agree with this post...just understand that it's not actually an 'attack', but the frantic settling of paper. This is what happens in the market when a commodity is getting scarce...it recedes to it's actual value due to settlements. However, it also means that the base value will begin appreciating.
 Quoting: Anonymous Coward 20435160


Good point! The paper price is approaching its inherent value of Zero, while the PMs are gradually becoming Unobtainable at any price.
Anonymous Coward
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Germany
04/14/2013 07:01 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
CANT EAT GOLD, CANT EAT SILVER!

cruise
 Quoting: Anonymous Coward 37021243


When the collapse comes, it will be the grasshoppers holding fiat paper who will go hungry.
Anonymous Coward
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04/14/2013 07:03 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
CANT EAT GOLD, CANT EAT SILVER!

cruise
 Quoting: Anonymous Coward 37021243


Can't eat inflating currency, either. Question is, do you want to be able to afford food in a year?
Anonymous Coward
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04/14/2013 07:05 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
The more they drive the paper price down, the more physical will be bought up at bargain basement prices. This will only make the run and the shortages worse. Think Ammo shortage.

This is an act of desperation and we may be witnessing the beginning of a downward self-reenforcing spiral in PM inventories ultimately leading to default by Comex and others.
 Quoting: Sky Pilot

Good point. It is like those idiots are shooting themselves in the foot. If people have money and cannot invest in bullets, guns stocks or any other thing that might make them some money or protect them then the only other alternative is to invest in physical PM's which TPTB desperately do not want. But yet they are the ones that are causing this run on physical medals. If it keeps up then all their ponzi schemes are going to come down very fast.

It was said a year or two ago that if everyone just bought some physical silver it would bankrupt wallstreet who would never be able to cover the shorts.



.
Anonymous Coward
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Ireland
04/14/2013 07:05 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
CANT EAT GOLD, CANT EAT SILVER!

cruise
 Quoting: Anonymous Coward 37021243


That I think is quite a valid point.......

How would you cut off bits of gold if you knew the price of an item. How could you allow for the dust in sawing it up to find the right amount. Would the common folk know if it was polluted. Where would you hide and protect it from someone with more guns than you.............Hire a small army which would lead to envy...............Oh aye, something like the way we live presently............
Anonymous Coward
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04/14/2013 07:06 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
It is nice to see TBTB in a pickle. They are cannibalizing themselves as they turn on each other.

What pisses me off though is that the big players are making money shorting paper and using proceeds to stockpile physical at bargain basement prices.

If we can ever take back the world from these scum, we get to confiscate their wealth because it is proceeds from crime.
Quasar

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04/14/2013 07:10 PM
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Re: There is a Run on Physical Gold and Silver! That's why the Feds are Attacking It!
This attack will continue perhaps until mid-May or mid-June when the next wave up begins.

I may be incorrect though as this market does not function via fundamentals anymore...
 Quoting: Quasar


You're right about that. Throw everything you used to know out the friggen window we are in for a bumpy ride folks.
 Quoting: Mukk1234


Further the up wave in metals which is to come corresponds with the down wave in the stocks which is bad as they are going to fleece the sheep of their wool and rough times ahead for all unfortunately...





GLP