Uncensored News

Lt. Col. Matthew Dooley

Lt. Col Matthew Dooley, a West Point graduate and highly-decorated combat veteran, was an instructor at the Joint Forces Staff College at the National Defense University. He had 19 years of service and experience, and was considered one of the most highly qualified military instructors on Radical Islam & Terrorism. 

Harvey Organ's Gold and Silver Report

Gold closed down $6.50 to $1377.80 (comex closing time).  Silver fell by 13 cents to $22.44  (comex closing time)

In the access market at 5 pm gold and silver are the following :

gold: $1375.80.
silver: $22.45

Gold was on a tear last night reaching $1400.00 by 2 am est last night, before the bankers showed up at their usual time and blasted gold down to around $1359.00.  At that point, gold started its ascent and was ready to navigate a back to back positive upside day reversal when again it was paper attacked and our ancient metal of kings closed down $6.50 to $1377.80. The chance that gold would end positive after a huge reversal yesterday was slim at best. 

YOU ARE CRAZY: New Psychiatric Guidelines Target Hoarding, Child Temper Tantrums, and a Host of Other “Illnesses”

It’s not a stretch to suggest that Americans are over medicated. In 2011 doctors across the nation wrote an astounding four billion medical prescriptions, amounting to an average of 13 prescriptions for every  man, woman and child in the United States.

In the next few weeks the American Psychiatric Associations is releasing their updated fifth version their Diagnostic and Statistical Manual of Mental Disorders (DSM-5); the so-called ‘bible’ of psychiatric diagnoses. The new manual promises to take mental illness and the use of prescription drugs to a whole new level.

Jim Sinclair: Clients Denied Gold At Major Banks As Shortage Intensifies

In The News Today

Posted  at 3:23 PM (CST) by  & filed under In The News.

Jim Sinclair’s Commentary

JESSE'S CAFÉ AMÉRICAIN:

Gold Daily and Silver Weekly Charts - Capping the Gains

Bernanke gives his Congressional testimony tomorrow morning.

FOMC minutes will be released in the afternoon.

Accused Fort Hood Shooter Paid $278,000 While Awaiting Trial

Article Summary: 

Injured soldier outraged suspected shooter receives salary while his family financially struggles in recovery

The Department of Defense confirms to NBC 5 Investigates that accused Fort Hood shooter Major Nidal Hasan has now been paid more than $278,000 since the Nov. 5, 2009 shooting that left 13 dead 32 injured. The Army said under the Military Code of Justice, Hasan’s salary cannot be suspended unless he is proven guilty.
 
If Hasan had been a civilian defense department employee, NBC 5 Investigates has learned, the Army could have suspended his pay after just seven days.
 
Personnel rules for most civilian government workers allow for "indefinite suspensions" in cases "when the agency has reasonable cause to believe that the employee has committed a crime for which a sentence of imprisonment may be imposed."

The Bigger Story Behind the AP Spying Scandal (READ THIS)

Article Summary: 

Obama has gone after whistleblowers more viciously than Bush, Nixon, or any president in history.  Indeed, the Obama administration has prosecuted more whistleblowers than all other presidentscombined.

Attack on the Press

You know that the Department of Justice tapped scores of phone lines at the Associated Press.

Bigotry against Jews and Muslims on the rise, says US

The findings for 2012 spoke of an increase in anti-Islamic sentiment in Europe and Asia.

It also said there was growing anti-Semitism, especially in Venezuela, Egypt and Iran.

As he unveiled the report, US Secretary of State John Kerry appointed a new special envoy on anti-Semitism.

Ira Foreman was named to replace Michael Kozak in the role, which was first created in 2004.

ON THE ANNIVERSARY OF THE NAZI INVASION, THIS IS WHAT AUSTRIANS ARE SAYING ABOUT HITLER

Article Summary: 

(I  recommend that you read a book first written in 1954 called They Thought They Were Free, by Millton Mayer. It is about ordinary Germans, interviewed after WWII, what they thought about and how they accepted the Nazi rule. I first heard of it through Jim Sinclair. There are lessons there for us today.)

Seventy-five years after the Nazi invasion and occupation of Austria, a newspaper in country has asked citizens about their opinion of Adolf Hitler and the Nazi annexation during World War II. Jewish leaders who have been raising the alarm about anti-Semitism in Austria say the results were not surprising.

Goldcore: Silver Recoups Sharp Loss And Rises 2% On Record Volume


Today’s AM fix was USD 1,378.75, EUR 1,070.21 and GBP 908.39 per ounce.  
Yesterday’s AM fix was USD 1,353.75, EUR 1,051.95 and GBP 890.86 per ounce. 
Gold climbed $19.40 or 1.43% yesterday to $1,384.30/oz and silver finished 2% higher. 
Silver’s recovery yesterday from being 10% lower at one stage to recouping these losses and then rising over 2% was very positive technically. The key reversal is leading some to postulate that we may have seen the bottom or are close to a bottom. 

Spot Silver in USD, 3 Days, May 17, 20, 21 – (Bloomberg) 

JS Mineset: (Be sure to check Trader Dan's comments)

In The News Today

Posted  at 4:57 PM (CST) by  & filed under In The News.

The Golden Truth: Ultimate Contrarian Indicator: Gold Is Most-Hated Asset Class

By now everyone who follows the metals pretty closely is aware of the stunning reversal the metals made today after the blatant smash in the silver market at yesterday evening's commencement of global electronic paper futures trading.  A massive number of silver contracts were sold into the Globex electronic trading system, taking the entire market by surprise and wiping out a whole series of stop-loss orders there set below the market.  The silver market was driven down $2.10 (9.5%) in less than 4 minutes.  It was without a doubt  the motivated, premeditated operation of someone who was trying to completely disrupt the silver market.  It was someone who was operating without any fear of being investigated by the market regulatory branch of the Government.

Trader Dan's Market Views: (Important King World Interview)

Have the Mining Shares finally Bottomed?

 
While one day does not a trend reversal make (and it is very important to keep this is mind), the HUI has found some buying support (finally!) near the confluence of several important technical support levels on the price chart.

I am using a weekly chart to show both the Fibonacci retracement levels and some horizontal support zones plus the pitchfork lines. 

Bank Run Happening in Bullion-Jim Willie

Jim Willie, Editor of The Hat Trick Letter, says the recent gold price take-down has caused, “A bank run in gold bullion banks.  It’s a vault run. . . . Wealthy investors are asking for their gold, and some are finding out it’s not there.”  Jim Willie, who holds a PhD in statistics, says things are getting worse.  Dr. Willie contends, “Back in 2011 and 2012, you had an important event every three of four months.  Now, it’s every two or three weeks.  So, the mean time between failures is rapidly declining.”  Dr.

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