Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

Greg Hunter: Bear Market in Gold & Silver is Over – Craig Hemke Video

% of readers think this story is Fact. Add your two cents.

By Greg Hunter’s USAWatchdog.com 

Financial writer and precious metals expert Craig Hemke says, “The bear market in gold and silver is over.” Hemke contends the central bankers’ price suppression of gold and silver is grinding to a close. Hemke explains, “. . . They created the illusion of physical delivery. What happens when the banks, wanting the gold because it is now a tier 1 asset, say I can’t play this promissory note game anymore? Just like physical demand broke the U.S. for suppression price in the 1950’s and just like physical demand broke the London Gold Pool price in the 1960’s, physical demand will break this fractional reserve and derivative pricing scheme that has worked since 1975. It’s now going to fail too. . . . Anybody that has one ounce of gold will be darn glad they have it when the time comes.”Hemke says there are several factors leading to the perfect storm of price explosion for precious metals. On April 1st, new rules will allow banks to hold gold as a so-called tier 1 asset. Hemke points out, “This is why central banks are buying gold too. . . . Gold will be considered a riskless asset just like Treasury bonds. The way it is currently structured now, if you had $1 billion in gold in your reserves in the bank, you could only count half of that as your reserves. . . . So, $1 billion in gold only counted as $500 million. Now, it will count for the full $1billion.”


MitoCopper

Support BeforeItsNews by trying APeX (far superior to colloidal silver) or any of our other great health products at www.mitocopper.com


So, central banks will want to shoot this to the moon? Hemke says, “Right. Yes, and wait until the regular banks get involved in this too. Here is the last piece of the puzzle. It expressly states in the Basel III (capital requirements) terms that derivatives don’t count. None of these forward contracts, promissory notes or unallocated metal count. You cannot use derivatives and say I want 100% value on the banks’ books because that all has counter-party risk. The only gold you can use that is considered risk free is physical gold that is audited and shown to be in your vault—period, end of story. Put that on top of Indian demand, China demand, Russia demand, central bank demand . . . and you see this system and you can see how all these pieces fit together, and when you ask me why I think we are going back to new all-time highs in the next 18 months, I can say yes. That’s what I think, yes.”

As far as gold and silver prices in the future, Hemke predicts, “A collapse of the scheme they cooked up. . . . This scheme of digital alchemy, this make-believe gold, getting people to accept gold exposure as an alternative to the real thing, is going to collapse too.”

Hemke says watch the palladium market. It is highly leveraged, and that could be the first metal market to fall when people demand delivery and say ‘I want my metal.’ Hemke says, “Right, that’s when the music stops, and that is what we are all waiting for.”

Join Greg Hunter as he goes One-on-One with Craig Hemke, founder of TFMetalsReport.com.

(To Donate to USAWatchdog.com Click Here)

After the Interview:

There is free information on TFMetalsReport.com every week.  Here is a free article as a companion post for this interview, click here to read it.   If you want daily cutting edge content and analysis, you can subscribe by clicking here. To get 50% off your first month, use promo code GOLD2019.

This segment is sponsored by Discount Gold and Silver Trading. Ask for Melody Cedarstrom, the owner at 1-800-375-4188.

Stay Connected

Related Posts:

https://usawatchdog.com/bear-market-in-gold-silver-is-over-craig-hemke/ 


Get Paid to Expose the Fake News!

MitoCopper

Check out the life changing BeforeitsNews natural health products and sign up to be an Affiliate so you earn on all sales through your links on Beforeitsnews, other websites or social networks!

APeX - Far superior to colloidal silver in destroying viruses, bacteria and other pathogens. See the videos and 50 page report!

Ultimate Curcumin - Most powerful natural pain relief you can buy. Reduce inflammation, depression, arthritis and so much more!

Supreme Fulvic - Nature’s most important supplement! Read our amazing testimonials and experience vivid dreams again!

MitoCopper - First bioavailable copper cleans up your blood from pathogens and gives you more energy! Watch all videos on our website!

Support BeforeitsNews by trying our natural health products! Join our affiliate program

APeX - Far superior to colloidal silver in destroying viruses, bacteria and other pathogens.
Ultimate Curcumin - Natural pain relief, reducle inflammation and so much more.
Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!  See Testimonials
MitoCopper - First bioavailable copper destroys pathogens and gives you more energy.
Prodovite - The Secret To Healing is in the Blood! Complete absorption in 5 minutes.

Report abuse
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite
Prodovite

    Comments

    Your Comments
    Question Razz Sad Evil Exclaim Smile Redface Biggrin Surprised Eek Confused Cool LOL Mad Twisted Rolleyes Wink Idea Arrow Neutral Cry Mr. Green

    Total 1 comment
    • Jay

      Every time gold and silver get closer to the top of their respective trading ranges the tarnished Precious Metal bugs scream this is it gold and silver are going to the moon. But until the public gets gold fever and wants to accumulate the metal it will slowly fall back to its lower end of the trading range it has inhabited since the crash of 2011.

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.