$10.00 Silver a Dream or Nightmare?

I was skeptical if the market price of Silver will drop to 15.00 we would start a supply chain evaporation process.

It appears this may meet a 10.00 option which means if this happens you will not be able to purchase this meta for that price you will be aing a premium on it $5 - $10
and this will confirm the divergent in the paper price and real physical market. at this point the retail price of Silver according to ebay and other online auctions is $24.00 - $35.00 well above the 

Market  prices


this bounce int he market is not natural and demand for physical Metal is going to spread supply shortages world wide through the global markets and supply chains if you happen to thin different you may be in for a pleasant frightful surprise however if you think alike you may realize this very well could be your last opportunity to hedge yourself against printed monetary instruments.
GnS Research

Cup & Handle Update 14.07

Here an update showing the recent corection in the Silver Market as reported previously on the blog in 2014
GnS ressearch

From: http://thecrux.com/update-heres-the-latest-on-silvers-next-move/

The cup an handle

The trickle leads to a mad Rush into Metals

have you positioned yourself in the market yet???

I don't know about you but I have positioned myself in the market where I want to be and now it's time for an eruption about to take place very soon

GnS+Research

http://www.silverdoctors.com/us-mint-sold-out-of-silver-eagles-announces-will-not-take-orders-until-august/

*Breaking:
The US Mint has just notified Authorized Dealers that it is ENTIRELY SOLD OUT of Silver Eagles, and WILL NOT TAKE FURTHER ORDERS UNTIL AUGUST 2015!
This morning we warned that a massive jump in silver premiums was imminent as premiums on 90% silver had tripled in the past 48 hours.

Less than 3 hours later, that has been confirmed as the US Mint has just SOLD OUT ENTIRELY of all Silver Eagles and suspended sales for at least 3 weeks.  

The Mint also advised when sales resume Silver Eagles will once again be on allocation. 

Greece Payment time lapse till September 2015 / Default

Today / Yesterday:
End of June: IMF repayment, 1.5 billion euros  arrears
July 10: Greek Treasury T-bill redemption, 2 billion euros 
July 13: IMF repayment, 450 million euros 
July 17: Greek T-bill redemption, 1 billion euros 
July 20: ECB and national central banks repayments, 3.5 billion euros 
August 1: IMF coupon payment, 175 million euros 
August 7: Greek T-bill redemption, 1 billion euros 
August 20: ECB and national central banks repayments, 3.2 billion euros 
September 4: IMF repayment, 300 million euros September 4: Greek T-bill redemption, 1.4 billion euros - See more at: http://www.gods-kingdom-ministries.net/daily-weblogs/2015/06-2015/the-coming-crisis/#sthash.jrHeoZqg.dpuf

AND nuclear accord with Iran delayed extended until July 7th 2015
"http://www.wsj.com/articles/iran-returns-to-table-as-deadline-looms-on-nuclear-deal-1435666077If the two sides meet the July 7 deadline, it would mean Congress only gets 30 days to review an agreement. However, if no deal is reached before July 9, the U.S. legislature would have an additional 30 days to look over the accord. That would give skeptics more time to rally opposition."

Greece Updates

http://www.theguardian.com/business/live/2015/jun/30/greek-debt-crisis-day-of-decision-for-tsipras

And comments from the readers

• 4h agoSummary: Greece on its own after IMF default
• 6h agoIMF: Greece didn't make its payment
• 6h agoHistoric moment: Greece in arrears to the IMF
• 7h agoGreece bailout just 15 minutes from expiring....
• 8h agoVIDEO: Dijsselbloem says Greece will be in default tomorrow
• 8h agoFitch downgrades Greece, warns default risks are high
• 9h agoDeputy Greek PM: Referendum may not happen

4h ago20:17

Summary: Greece on its own after IMF default

And that’s it... Another day for the history books, with:

• Greece making an unprecedented default at the IMF:
• Losing the protection of its second bailout...
• ...and sensationally asking for a third package....
• Eurozone finance ministers have already warned a 3rd deal will be tough
• In Athens, campaigners for a Yes vote on Sunday hit the streets.
• Fitch downgraded Greece, on fears of a looming default,
• And European stock markets fell again

Here’s the full story.

Greek failure to make IMF payment deals historic blow to eurozone

Athens left without financial lifeline following fortnight of non-stop brinkmanship at highest level of EU leadership

 

Read more

We’ll be back with a new liveblog in the morning, to do it all again. Thanks for reading, commenting, and your help. Goodnight! GW

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4h ago20:15

Confirmation that a 3rd bailout will be very hard to agree:

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5h ago19:54

The Guardian isn’t the only UK paper leading on Greece tomorrow -- the crisis is also splashed on the FT (again!) and The Scotsman, plus the International New York Times.

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5h ago19:24

 Demonstrators gather during a rally organized by supporters of the YES vote for the upcoming referendum in front of the Athens Parliament, hours before Greece defaulted. Photograph: Aristidis Vafeiadakis/ZUMA Press/Corbis

Our Europe editor, Ian Traynor, captures the historic nature of tonight’s events (I’ve added links to earlier points in the blog):

Greece is left alone insolvent and almost bankrupt today after five years of €240bn in European bailouts dried up and the country became the first in the European Union to default on its creditors. The country failed to make a €1.5bn payment to the International Monetary Fund on time and thrust the eurozone into an emergency.

The long-running debt debacle left Greece on the brink of financial collapse, worsening recent years of wrenching austerity, and represented a historic blow to a Europe committed to the irreversibility of its 16-year-old single currency.

The deadline on Greece’s bailout programmes, inaugurated in 2010, ended at midnight. The country was left without a financial lifeline for the first time since.

In a sudden referendum called on creditors’ bailout terms which formally no longer exist, Greeks are to vote on Sunday on what EU leaders say is a choice between quitting or staying in the euro.

Following a fortnight of non-stop brinkmanship at the highest level of EU leadership over how to resolve the impasse over Greece’s financial rescue, the radical leftwing government of the prime minister, Alexis Tsipras, tabled surprise new proposals on Tuesday, demanding that the bailout concluding yesterday be rolled over into a new two-year programme worth almost €30bn to Greece to be spent on servicing debt.

The demand included calls for a month of bridging finance to avoid the IMF default and for broader debt relief without mentioning Greek concessions in return for acceptance. It was promptly spurned by key creditors as too little too late.

“We won’t negotiate about anything new at all until a referendum, as planned, takes place,” said Chancellor Angela Merkel of Germany on Tuesday. “This evening the programme expires.”

The 19 finance ministers of the single currency bloc talked for merely an hour by teleconference on Tuesday evening and dismissed the last-minute brinkmanship from Tsipras.

But Jeroen Dijsselbloem, the Dutch finance minister who chairs the committee, said the ministers would confer again on Wednesday and that Athens was expected to present further proposals on how to resolve the critical situation.....

More, if your nerves can take it, here:

Greek failure to make IMF payment deals historic blow to eurozone

Athens left without financial lifeline following fortnight of non-stop brinkmanship at highest level of EU leadership

 

Read more

Updated at 12.28am BST

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5h ago19:16

 

Katie Allen

Analysts at SocGen agree that any new bailout would take time, which has implications for the ECB in terms of getting its own repayments due in July from Greece.

“Our view is that agreeing on a third bailout will be a lengthy process, which suggests that Greece will miss the ECB payment on 20 July.”

€6.7bn of Greek bonds owned by the ECB mature in July and August, according to this handy breakdown of Greek debts from Reuters.

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5h ago19:13

Greece now joins Somalia, Sudan and Zimbabwe in arrears at the IMF tonight.

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5h ago19:09

The last 6 years

What has the US dollar achieved since 2009?

Increased debt .

What has the US Economy achieved since 2009?

Increased part time jobs, less Full time jobs,  decreased real manufacturing jobs, exporting wealth.

A government power grab.

Paid to Protest (Proof What America is coming to)

An interesting article comes out stating (below) that Ferguson protesters where paid upwards of $5000.00
 an month to tear down their city and neighbors lively hood.

I hate to say this but it appears americans can be bought this is complete proof of it. the world will look at this as morally and ethically wrong which is the truth.

these people are the poster child for selling out their neighbors and and their fellow americans.

It appears Americans can be easily manipulated for a cheap price.

In time I believe however, the young hearts of America will over come this weak state of mind.
GnS+Research

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http://www.newsmax.com/Newsfront/Ferguson-Missouri-paid-protesters/2015/05/25/id/646587/

At least some of the protesters who looted, rioted, burned buildings and overturned police cars in Ferguson, Missouri, last year were promised payment of up to $5,000 per month to join the protests.

However, when the Missourians Organizing for Reform and Empowerment (MORE), the successor group to the now-bankrupt St. Louis branch of ACORN (Association of Community Organizations for Reform Now), stiffed the protesters, they launched a sit-in protest at the headquarters of MORE and created a Twitter page to demand their money, the Washington Times reports.

Read Latest Breaking News from Newsmax.com  http://www.newsmax.com/Newsfront/Ferguson-Missouri-paid-protesters/2015/05/25/id/646587/#ixzz3bOqewn52
Urgent: Rate Obama on His Job Performance. Vote Here Now!
read more here:http://www.newsmax.com/Newsfront/Ferguson-Missouri-paid-protesters/2015/05/25/id/646587/