141214 – But Don’t Worry…


The Hyper Report

Today’s Items:

London Gold Hub Implodes

According to Andrew Maguire, the London hub is failing because of the growing disconnect between the massive multi-billion naked short derivative bets and the underlying physical market that it’s anchored to. He goes on to say that the real supply/demand equation for gold and silver has become so distorted, and for such a long time, that it’s irreversibly damaged the market as we know it today. The wholesale markets are starting to backwash derivatives positions and that is a dangerous thing for the “Too-Big-for-Jail” bullion banks. But don’t worry, American taxpayers will not be held responsible for those derivatives.


Thanks to the criminals in Congress, U.S. taxpayers are now responsible for 303 trillion dollars in derivatives. Yes, the four “Too-Big-for-Jail” banks have successfully recieved their Christmas present. But don’t worry, at least American’s mutual funds are safe.


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