Steve Quayle, by December $1000 silver/ $5000 gold

[Large Sarge]

Alert From International Banker: Close All Equity Accounts & Exit Markets NOW!

Steve Quayle has released an alert from his international banking contact advising that his sources are informing him a Spanish bank holiday is imminent, and it will spill over to the rest of the PIIGS and even to FRANCE.

His contact also states that Morgan Stanley is the next Lehman Brothers due to its Euro and Facebook exposure, and investors have until December at the latest to close all equity accounts, exit the markets, and acquire gold and silver.

Full alert below:
From SteveQuayle.com:

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 derivative 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.

[osoab]

What does Hawk have to say?

oh yeah, linky or you stinky.

[vacuum]

So by my calculations, we've got about 6 months.

[JohnQPublic]

Guy is putting himself out there. He has a 50:50 chance of being correct. Regardless of the actual #'s, the S does appear to be Hitting the Fan.

[Bigjon]

This guy has the same credibility as Sorcha Fall.

[Large Sarge]

lindsey williams said all paper assets are worthless by end of 2012, those prices on metals would certainly lend to that scenario.

I trust lindsey even if he will not say the "J" word

[mick silver]

Guy is putting himself out there. He has a 50:50 chance of being correct. Regardless of the actual #'s, the S does appear to be Hitting the Fan.

if he right a loaf of bread 10.000 bucks so who cares if silvers a 1000 are not . the game over at that point

[ximmy]

if he right a loaf of bread 10.000 bucks so who cares if silvers a 1000 are not . the game over at that point

I have been practicing making bread... Do you think I could sell it SHTF?

[old steel]

The historic ratio of the price of silver/gold is 16:1

Right now it is still at around 56:1

What would make it go to 5:1?

Someone is having a pipe dream and whatever they are smoking i want some.

[osoab]

I have been practicing making bread... Do you think I could sell it SHTF?

Yes you could, but I think the question is should you sell it when SHTF.

[palani]

I have been practicing making bread... Do you think I could sell it SHTF?
Depends upon how much sawdust you use.

[ximmy]

Depends upon how much sawdust you use.

I'll grind your bones to make my bread...

[palani]

I'll grind your bones to make my bread...

Now THERE is an admission.

[willie pete]

...just more ho-hum bull shit....makes me tired

[osoab]

Guy is putting himself out there. He has a 50:50 chance of being correct. Regardless of the actual #'s, the S does appear to be Hitting the Fan.

It's Steve Quayle. With him, everything is out there.

[DMac]

Quayle is a conman quack, I don't know why LS would even bother clicking his site. There is a ton of more worthwhile information/places to spend your time.

[Awoke]

So by my calculations, we've got about 6 months.

lol

[Awoke]

if he right a loaf of bread 10.000 bucks so who cares if silvers a 1000 are not . the game over at that point

At that point, food, water purification and ammo/arms will be more valuable than any precious metal.

[osoab]

Quayle is a conman quack, I don't know why LS would even bother clicking his site. There is a ton of more worthwhile information/places to spend your time.


I think he got it from http://www.silverdoctors.com/

http://www.silverdoctors.com/alert-from-international-banker-close-all-equity-accounts-exit-markets-now/#more-8172

Says a lot about SilverDoctors and their discernment.

[JJ.G0ldD0t]

WOW LOL

open his page up today and this is what you get: HUGE LETTERS ALL RED BACKGROUND HOLY SHIT HOLY SHIT



lol




Click To Regular Site (http://gold-silver.us/forum/index2.html)Euro Has Collapsed!NOTE: This is NOT the final red screen



June 14, 2012

Steve,
It is with trepidation that I write to you....The Euro has collapsed unofficially. The money is OUT of Greece, Spain, Portugal, Ireland, Italy, France, Belgium and the German Elites have begun to shore up their wealth in hard assets and precious metals. RBS has given orders to close two of their major equities sectors, thousands of jobs are going to be lost the next few days/weeks. Credit Sussie has called on top investors to head to Swiss safe harbor and hard asset diversified portfolios.
The Capital Controls are in place to keep the charade of control going for the next four to six months before the official collapse. Steve...this is it. The Euro has collapsed and no one has noticed it. Greek bank runs are close to $3.5 Billion Euros per day not the $1 Billion that is being reported. The rest of the PIIGS are in the same boat. Bank Holiday imminent in all of continental Europe in the coming days and weeks. This is again theatrics to keep the plebeians believing in some semblance of control.
Please warn your listeners to pull out of their bank accounts everything that they need. Keep only to pay the day to day expenses. If they have land to go to, please do so now. Steve I do not know how much longer I can keep writing to you. You were knocked off line during your show with the Haggmans right before your were going to divulge what I have told you with the Spanish bailout. It is getting dangerous for all of now.
Again the Euro has collapsed...I repeat the Euro has collapsed. Unofficially.

May God Help Us All....
V

COPYRIGHT STEVE QUAYLE- ALL RIGHTS RESERVED---NO CROSS POSTING UNLESS ACTIVE HOT LINK TO MY SITE STEVEQUAYLE.COM (http://stevequayle.com/) IS PROVIDED

[Awoke]

lol

The entire fiat system has collapsed unofficially. For years now. Pfft.

[osoab]

Looks like Survival Blog is saying the same thing. Not referencing Steve Quayle.

http://www.survivalblog.com/2012/06/economics-and-investing-1200.html


The current liquidity crisis on the southern periphery of the Eurozone now appears likely to spread to all of Europe, and then globally. There are already quiet electronic bank runs in progress in Greece and Spain. On Monday, a bank "holiday" was announced in Italy. More bank runs will likely follow. As of today, Wednesday, June 13, 2012, I strongly urge all SurvivalBlog readers to immediately draw down their checking accounts and liquidate their CDs, passbook savings accounts, and most of the their stocks to buy tangibles. If you already own a retreat, an honest one year storage food supply, and a battery of firearms with ammo and plenty of magazines, then go ahead and buy physical silver. (But don't neglect investing in those crucial "Beans, Bullets and Band-Aids" first.) With spot silver presently under $28.70, this is an ideal time to get out of paper and into tangibles.

[palani]

Meanwhile the Zimbabwe dollar is going strong .. what is the exchange rate now? Something like a trillion to one?

[old steel]

I'd buy more beans, bullets and band aids but i don't have a place to put them.

[osoab]

Meanwhile the Zimbabwe dollar is going strong .. what is the exchange rate now? Something like a trillion to one?

I didn't think they used it anymore. They just use frn's and wheat seeds.

[Large Sarge]

down the pyramid

[beefsteak]

I'd buy more beans, bullets and band aids but i don't have a place to put them.

There are always murses/purses and shoes which will double for add'l storage...might want to ziploc the beans first, tho'? The old hide in plain sight deal.....

Jis sayin'


beefsteak

[Sparky]

It's this type of blatant propaganda that undermines the truth, making it harder for the average person to understand what's really going on.

If silver were to be $1000 in December, it would probably have less buying power than if it were to be $50 in December. Does everybody understand that?

For instance, with silver near $28 now and a loaf of bread near $2.80, I can buy 10 loaves with an ounce. It won't require some hyperinflationary black swan event for silver to be $50 in December. So bread might be $3 or maybe even $4, which means I'd be able to buy 12-15 loaves of bread with an ounce. But the only way that silver gets to $1,000 in December is if a black swan event has occurred, which means a loaf of bread cost might cost $20,or $100, or $1000. So at that point, my ounce might buy 50 loaves, or 10 loaves, or perhaps only 1 loaf. I'd much prefer to know that my ounce will buy more loaves in December than it does today, regardless of its nominal price.

[osoab]

It's this type of blatant propaganda that undermines the truth, making it harder for the average person to understand what's really going on.

If silver were to be $1000 in December, it would probably have less buying power than if it were to be $50 in December. Does everybody understand that?

For instance, with silver near $28 now and a loaf of bread near $2.80, I can buy 10 loaves with an ounce. It won't require some hyperinflationary black swan event for silver to be $50 in December. So bread might be $3 or maybe even $4, which means I'd be able to buy 12-15 loaves of bread with an ounce. But the only way that silver gets to $1,000 in December is if a black swan event has occurred, which means a loaf of bread cost might cost $20,or $100, or $1000. So at that point, my ounce might buy 50 loaves, or 10 loaves, or perhaps only 1 loaf. I'd much prefer to know that my ounce will buy more loaves in December than it does today, regardless of its nominal price.

You are preaching to the choir Sparky. We are talking about Steve Quayle. I don't think anyone on the board takes the guy seriously.

[ximmy]

For instance, with silver near $28 now and a loaf of bread near $2.80, I can buy 10 loaves with an ounce. It won't require some hyperinflationary black swan event for silver to be $50 in December. So bread might be $3 or maybe even $4, which means I'd be able to buy 12-15 loaves of bread with an ounce. But the only way that silver gets to $1,000 in December is if a black swan event has occurred, which means a loaf of bread cost might cost $20,or $100, or $1000. So at that point, my ounce might buy 50 loaves, or 10 loaves, or perhaps only 1 loaf. I'd much prefer to know that my ounce will buy more loaves in December than it does today, regardless of its nominal price.

good info about loaves... what about fishes?

[JJ.G0ldD0t]

You are preaching to the choir Sparky. We are talking about Steve Quayle. I don't think anyone on the board takes the guy seriously.

yeah... He's just Doomertainment

[Large Sarge]

case for those numbers

the last bull market in gold/silver (1968 -1980) was only w. Europe and the U.S.; perhaps totaling 20% of the worlds population\

of that 20% total population, perhaps 5 % or less of those numbers actively participated on any level.

This Gold/Silver bull market is the entire planet, 7 Billion people trying to get a ticket to ride

And we have enough evidence on the scarcity of silver now, compared to then.

add in the derivatives/price suppression.

As outlandish as it seems, those numbers are possible, way way back, Doug Casey tried to paint a picture in your mind of when this day came, Doug "Imagine, trying to force all the water behind hoover dam, into a garden hose, thats what it will be like when an entire planet moves into gold and silver"

[JohnQPublic]

WOW LOL

open his page up today and this is what you get: HUGE LETTERS ALL RED BACKGROUND HOLY SHIT HOLY SHIT



lol

I declared it in 2008 (http://derivativescollapse.com):

"The Current Situation

I believe the financial system has collapsed. Many people talk about rescuing it, reviving it, bottoming out, etc., but I think that the system is broken, and will need to be replaced. What we are experiencing now are the death throes of the system. Even if the dollar is not explicitly changed or replaced, when all is said and done, we will be in a new system. As it stands now, the federal government owns equity stakes in major banks. The Federal government has basically nationalized a large part of the mortgages in the US (through Fannie and Freddie mae). There no longer exist any US investment banks of note- they have all morphed into bank holding companies so they can feed on the federal teet. Major bank failures have ocured. Most recently, Citibank has faltered, and many are wondering if Bank of America will pull through.
The cause of the problem is laid at the feet of mortgage holders in a roughly $15 trillion real estate market. While it is true many people did over-extend themselves, got into foolish loans, etc. As well, outright corruption was practiced from the buyer through the brokers all the way to the central bank and the president. But ultimately it is the derivatives which are the likely cause of the current collapse. Certainly the derivatives were used to create a shadow banking system that allowed more mortgages to be written, but the derivatives went beyond just mortgages. The best estimate that I can come up with is that known derivatives notional value is between $1/2-1 QUADRILLION dollars. A quadrillion is 1,000,000,000,000,000. That is 1000 trillion or 1,000,000 billion. This is an unimaginable amount of money that is tied up in a giant gambling casino. The derivatives bubble is also highly leveraged, so as it collapses it sucks the life out of the "real" economy. This is what we are curently experiencing- a commodities crash as funds deleverage, and clients pull out forcing the managers to liquidate all assets to meet the demands.
The dollar, being the current reserve currency of the world (and this could change) has increased in strength as the world scrambles to obtain dollars to deleverage, pay dollar denominated debts, hoard safe-haven cash, etc. This has remained the case even as trillions of dollars are being pumped into the collapsing economy. The possibility of future hyper-inflation is ominous. In the mean time precious metals, especially gold, is being bought at the retail level at a record rate. The price of gold; though diminished by the commodities crash, is holding up reasonably well, and its future prognosis appears good to many analysts."

[Spectrism]

One guy I have found to be quite smart in his guesses is Larry Edelson.... tied in with Weiss Research. He mentioned recently that he expects silver to drop to $26 area.... and possibly below $20. Sounds real radical but think about what happens in a crash. Who has money when there is a deflationary bust? Money is evaporating in itself. Think about the nature of the current money supply. It is debt puffed up- pretending to be real. With the debt defaults in Europe (soon to be followed in Amerika) the only solution they can come up with is more debt! But if people are defaulting on debt now, what good is more debt? Printing money does nothing but devalue the money and that cannot happen until the sky is falling.

Before we see hyper-printing.... if ever...... there must be a crash. The crash will mean that nobody has money to buy the assets. Silver- and other things, may drop to bargain prices. Soon after that, the money will be made worthless. It really depends on how the manipulators want to play this thing out. Ultimately, I think they will be happy killing off a few billion people and enhancing their control over all that survive.

Look at this chart of silver. I see some complex chart scheming happening. There are no fundamentals built into it.... yet. The whole trading business is schemed with charts and carefully timed controls so the elite take slices of fat from the pigs being slaughtered.

2939

[Large Sarge]

flight to safety, as the euro is destroyed, they move to the british pound, then after that the dollar
then after the dollar, gold and silver

realistically, they are likely just trying to keep things together until after the election in Nov.

[Sparky]

good info about loaves... what about fishes?

I believe that we will ultimately return to the natural Loaf:Fish ratio of 5:2, consistent with Jesus' feeding of the 5,000. ;)

(I'm sure you know, ximmy, that this is the only miracle (other than the Resurrection itself) that appears in all four canonical gospels.)

[osoab]

Steve Quayle on the Hagmann Report. From 7-1-12/ For those that don't remember, Hagmann is the one that started the DHS Insider. He also just had his site dropped by GoDaddy.

fwiw. I am just starting now.

http://www.youtube.com/watch?v=ZKEX428NSbk

http://www.youtube.com/watch?v=ZKEX428NSbk

[Neuro]

I'd hate to have to sell my silver for bread, the only thing worse than that would be not to have bread at all...

[Uncle Salty]

Sweet. The apocalypse is going to be tasty!!

[Neuro]

Pretty good day, today up .89 cents right now. For it to reach a thousand it would need to average a dollar a trading day until it reaches a hundred around mid October. 5 dollars a day up until it reaches 200 in mid November. Ten dollars a day until it reaches 300 in end November. 15 dollars a day until it reaches 400 around 10th December. 25 dollars a day to reach 600 around 21st December. 50 bucks a day to reach 800 on Dec 29th. And then a couple of 100 Dollar days to reach a thousand prior to year end... You can call me a crazy pessimist, but I don't see this happening... ::)

[Large Sarge]

Pretty good day, today up .89 cents right now. For it to reach a thousand it would need to average a dollar a trading day until it reaches a hundred around mid October. 5 dollars a day up until it reaches 200 in mid November. Ten dollars a day until it reaches 300 in end November. 15 dollars a day until it reaches 400 around 10th December. 25 dollars a day to reach 600 around 21st December. 50 bucks a day to reach 800 on Dec 29th. And then a couple of 100 Dollar days to reach a thousand prior to year end... You can call me a crazy pessimist, but I don't see this happening... ::)
u r looking the wrong direction,


I believe the main support for the dollar is 0.72, and when that falls, look out below.

imagine the dollar at say 0.62 (all new territory), where is silver? where is gold?

[old steel]

All commodities are heading north today but grains are really on a terror.



Agriculture
Chicago Board of Trade
Last

Change
% Change
52-week price range
Last Update


Corn
Dec. 2012 contract
¢ / bushel
Floor
675.50

+19.75
+3.01%
551.00
Today|||
777.00


1:01pm ET


Electronic
673.75

+18.00
+2.74%
551.00
Today|||
779.00


1:00pm ET


Soybeans
Nov. 2012 contract
¢ / bushel
Floor
1,477.00

+39.00
+2.71%
1,095
Today|||
1,513


1:02pm ET


Electronic
1,472.25

+34.25
+2.38%
1,094
Today|||
1,513


1:00pm ET


Wheat
Dec. 2012 contract
¢ / bushel
Floor
813.00
s
+22.25
+2.81%
578.50
Today|||
804.00


1:01pm ET


Electronic
814.25

+23.50
+2.97%
577.25
Today|||
805.50




http://money.cnn.com/data/commodities/

[osoab]

All commodities are heading north today but grains are really on a terror.[TABLE="class: wsod_commoditiesTable"]

http://money.cnn.com/data/commodities/

Oil pulling everything up? Either that or drought worries are finally starting to hit.

[old steel]

Crop condition ratings are not good to say the least.

http://www.agweb.com/USFR/

[Edward]

The drought is definitely worrying those in my area (mid south U.S.) many local farmers are being forced to sell livestock instead of their usual grains because of lack of water...

[mick silver]

in 1936 there was 8 days over 100 today makes our 6 day over a 100 so dont tell it not a drought making grains run higher . there corn in my state thats not even come up out of the ground so crop prices are going up . load up now with food . what happen in 1936 that made alot of people loss alot of stuff can anyone tell me ......?

[chad]

i believe it'll play out ala lindey williams. there won't be a shortage of food, you just won't be able to afford it.

[chad]

u r looking the wrong direction,


I believe the main support for the dollar is 0.72, and when that falls, look out below.

imagine the dollar at say 0.62 (all new territory), where is silver? where is gold?

gold $5,000, silver $31.17.

[osoab]

i believe it'll play out ala lindey williams. there won't be a shortage of food, you just won't be able to afford it.




There wouldn't be a shortage if they quit with the "fuel from grain" subsidies/regulations. However, if rain don't come soon, the crops won't make it. Some places about 75 miles south of me are already getting insurance checks for crop failures from what I am told.

Looking like 1988 right now imo. I was too young to appreciate the 1983 drought. I do not remember if the 2-3 years preceding the dates years mentioned were short rain fall years too. 1983 drought had corn yields in the 20 bushel/acre range if I remember correctly. I think my dad said that he had 200 bushels of corn left over after paying of his contracts.

1995 had a small drought too. We have yet to have the heat like 1995 in this area.

[osoab]

gold $5,000, silver $31.17.

30+ silver? No way. :o

http://images.paraorkut.com/img/pics/animations/j/jim_carey-877.gif

[chad]

There wouldn't be a shortage if they quit with the "fuel from grain" subsidies/regulations. However, if rain don't come soon, the crops won't make it. Some places about 75 miles south of me are already getting insurance checks for crop failures from what I am told.

Looking like 1988 right now imo. I was too young to appreciate the 1983 drought. I do not remember if the 2-3 years preceding the dates years mentioned were short rain fall years too. 1983 drought had corn yields in the 20 bushel/acre range if I remember correctly. I think my dad said that he had 200 bushels of corn left over after paying of his contracts.

1995 had a small drought too. We have yet to have the heat like 1995 in this area.

same here too. i heard 80% loss in most of the state on the ag report today. this is shaping up to be 1988.

[osoab]

same here too. i heard 80% loss in most of the state on the ag report today. this is shaping up to be 1988.

I don't remember '88 starting out as warm as it was in this this year. Heck, I had garden stuff in cold frames in mid-February and those came off the 1st week in March. Winter overall was warm with little precip too. Maybe 6" of snow total, year before was like 30" or more.

It's shaping up to be a bad one. The 25 day forecast that I was looking at this morning had 1.3" called out as a possibility for that time frame for the area I'm in.