A Visit with Marin Katusa


Earlier today, I had the opportunity to visit with fund manager, analyst and best-selling author Marin Katusa.

Over the course of this call, Marin and I discuss:

It was a real treat to finally have the opportunity to visit with Marin. I'm confident that you'll enjoy listening to this interview.



Mar 9, 2016 - 9:58pm



Mar 9, 2016 - 10:02pm

And the GLD adds 2.08 mts,

And the GLD adds 2.08 mts, nearly replacing the 2.38 mts withdrawn yesterday.

Mar 9, 2016 - 10:12pm

Ok Marchas

you awake?

Mar 9, 2016 - 10:22pm

Marin Katusa

I've listened to Marin at a few of the metals conferences. He promoted PRD Energy heavily from that pulpit. From around a dollar to 5 cents at the moment. Yes, I understand he is 'connected' to big money and people. Just can't listen to him anymore.

2c piece
Mar 9, 2016 - 11:09pm


Reserved for Marchas.

I think we all realize that both silver and gold are in a bull market.

Unfortunately it is because the markets are a lot of bull.

Mar 9, 2016 - 11:25pm

Great interview

Much appreciated gentlemen. I'll be taking a second look at BRI

Mar 9, 2016 - 11:29pm


Then why are you here?

Mar 10, 2016 - 2:22am

YEN Gold Link

is not working anymore ... guess the algos are back on the USD trade

Mar 10, 2016 - 2:26am

Danny B

The China plane is coming in without landing gear. The stock market is landing nose f

China has an enormous debt structure. It needs at least 7% growth to service it's debt.
• China Exports Crash 25.4%, Imports Down 13.8% (ZH)
• China’s Velocity Of Money Is Now The Lowest In The Entire World (ZH)
3/08 "In the last 7 years, China accounted for 40% of all global debt creation" – Zero Hedge
They are screwed.
If you are in the stock market, you need to read this. Everybody lies about earnings by 30---50%.
Goldman Sachs; "“Our model suggests SPX calls are more attractive than at any time over the past 20 years”.
The Price Isn’t Right——-How Central Banks Are Fixing To Ambush The Casino | David Stockman's Contra Corner
They are trying to suck in every dollar they can find.

Yuan revalued with gold.... the gold-silver ratio

China needs to pull a rabbit out of a hat. The way that they are collapsing, they will have civil war in a year or two. Workers are laid off and plants closed without paying. https://www.washingtonpost.com/world...612_story.html
They have bought lots of gold for years. They may have planned all along to recapitalize the system by revaluing gold. Dunno, it may work.
China's Global Gold Strategy

Gold to silver ratio
In nearly every single major recession and panic of the last century, there was a sharp rise in the gold/silver ratio.

The crash of 1987. The Dot-Com bust in the late 1990s. The 2008 financial crisis.

These panics invariably led to a gold/silver ratio in the 70s or higher.

In 2008, in fact, the gold/silver ratio surged from below 50 to a high of roughly 84 in just two months.

We’re seeing another major increase once again. Right now as I write this, the gold/silver ratio is 81.7, nearly as high as the peak of the 2008 financial crisis.


Mar 10, 2016 - 2:32am

system - some 'the end' stuff

exactly how the charts will conduct their final acts of desperation is unknown

some things are known

  • Physical Silver and Gold will be the value setting mechanism for all surviving currencies
  • Physical Silver and Gold will set these values on the free-market, not privately owned exchanges. ("maybe next time Tom and Andy?... maybe not")
  • "gold" talk will greatly increase in the media.
  • the masses will grow more and more "gold" ("gold" in the fiat system context) aware due to the system's upcoming currency maneuverings
  • Silver (physical Silver) awareness will hit the masses out of nowhere. They will go from Clueless-to-Silver! in less than a week.

- - - - -

since the system has to string along the masses via the media, it's pretty easy to figure out which direction it's trying to go.

  • "disruption" in the current exchanges,
  • an attempted transition of chart power to the cny, the sge, and other exchanges.
  • digital system creations are on their marks (calls of cashlessness are already ineffectually nudging the herd that way)
  • take down the USD
  • reverse flow of physical metal back to the system
  • all the same ole stuff

it all keeps stalling out, failing to get traction, and it's not going to get any better. it will get bigger, but don't fear the system's loud grand finale death. don't confuse it's wailing and gnashing of charts and media stories with reality.

we've been aware of the complete hoax nature of the system for years now, the public is going to be absorbing reality in a matter of days. and if anybody still thinks the silver chart prices come from a traded market, even after that recent "silver fix / silver chart downspike" fiasco that they tried selling to the public, then ...yeah, (wow) probably won't be getting off that train until even the clueless masses 'get it'. but they will, in 'the end'.

lots of big fun ahead as we watch things go from where they are now to where we know they will ultimately end up.

the staging, the preparatory movements and commands, the shifting media focus to "gold" and crash/crisis/chaos warnings, ...all any Silver stacker could hope for.

all the best to those transitioning from pixels to phyzz and to those already stacked and enjoying the show.

James Crighton SS121
Mar 10, 2016 - 4:37am

@SS121 - "free-market"

Nice piece SS - thanks - not that I understand all of it clearly. For instance, would you mind elaborating on your statement: "Physical Silver and Gold will set these values on the free-market, not privately owned exchanges." ? By this do you mean that the value will be set by people (like you and me) actually physically meeting and exchanging their phyz for whatever the currency is at the time - i.e. a physical exchange (at one's local coffee-shop say) where one party hands phyz to the other in return for an agreed amount of the currency? If so, from where will these two people get the exchage rate (for the currency vs gold)?

Thanks for your patience.


Safety Dan
Mar 10, 2016 - 8:05am
Mar 10, 2016 - 8:07am



Oh look another backdoor bailout by the tax payer for Italian banks and Deutsche Bank.

This will also drive the Euro down and make any debts denominated in USD harder to pay.

Safety Dan
Mar 10, 2016 - 8:21am

The Philippines; The Richest

The Philippines; The Richest Country In The World

In 1934 the Vatican, under Pope Pius XII, reached an agreement with a member of the Filipino Royal Family, the wealthiest family in the Philippines. The Vatican was lent 640,000 tons of gold. After WWII The Vatican returned 640,000 tons of gold to the Philippines.

When you read this article, keep in mind this contract is known by most local Filipinos.


Includes a video. Please ignore the first 2 mins of the video if you don't care for Karen Hudes. The last 4 minutes explains and documents what happened to the gold.

President Bush was asked the question, "Which is the richest country in the world today?" He replied, "The Philippines".

Couldn't copy the info.

Mar 10, 2016 - 8:22am

Mr. Draghi I see your QE

and raise you Double QE



Safety Dan
Mar 10, 2016 - 8:35am

FULFORD: Evidence trail leads

FULFORD: Evidence trail leads to Turkey as Khazarian mafia world network continues to fall apart [Short Report]

March 8, 2016

Last week Russian President Vladimir Putin threatened Turkish president Recep Erdogan that he will “restore Constantinople (Istanbul) to Christendom and protect Russian maritime security by liberating the Dardanelles and Bosphorus straits”, Pentagon sources say. “This has been the plan all along as borders will be redrawn, with Turkey expelled from Cyprus and balkanized,” they added.

This may be what prompted Turkish Prime Minister Ahmet Davutoglu to fly to Iran and seek peace between the Sunni and Shia factions of Islam.






If the two sides agree to a peace deal, this could mean the 1384 year-old split between the two factions of Islam might end. That is what the Turks are hoping for to counter the Russian, Western military alliance that was formalized when the Pope and the Russian Orthodox Patriarch met on February 12th, a first since 962 years ago.

However, the situation may not be that easy to resolve because of deep Turkish involvement in the Nazi coup d’etat that took place in the US on September 11th, 2001. It now seems the choice of that date for the attack on the US was linked to the fact that September 11, 1683 was the date the last Turkish attempt to convert Christian Europe by force of arms failed. This was when the siege of Vienna was lifted by a Christian coalition just hours before a giant Turkish gunpowder mine was set to blow open the walls protecting Vienna.

The Nazi/Turkish link has deep roots in history. It can be traced to,,,,,,,,


Mar 10, 2016 - 8:46am
Mar 10, 2016 - 8:57am

Safety Dan what is your opinion?

Being the researcher extraordinaire that you are and your considerable knowledge of the Philippines do you think there is anywhere near the million tons Hudes thinks there is in the Philippines and Switzerland. She also thinks there is another 175 ton in Hawaii.

When in history could they have come up with all this gold?

Mar 10, 2016 - 8:58am
Mar 10, 2016 - 9:09am


Well he finally completely blew out his farting clapper ? shit or bust now!

be interesting to see how this affects the PM,s

Maybe this is why they pounded PMs down to keep any post Draghi PM spikes below 1300 and 16

Mar 10, 2016 - 9:18am
Mar 10, 2016 - 9:19am

Impressive Gold surge

+ 30$ from its low in just one hour. Someone is buying.

Mar 10, 2016 - 9:23am

Thanks Central Bankers

At this rate we will all become billionaires.

Ever hear of that book, " The Penniless Billionaire"?

The German Hyperinflation, 1922-1923

In the autumn of 1923, Lott Hendlich, a German widow in her fifties, returned to her native Frankfurt after an absence of more than four years in Switzerland. In 1919 she had gone to spend a few pleasant weeks in a Swiss village where her relatives lived. But almost immediately, Frau Hendlich broke her hip in a fall. During her long convalescence her chronic cough became worse, and the doctor attending her advised her that she was suffering from advanced tuberculosis. The months and years of her illness dragged on interminably even though her relatives were genuinely solicitous (they insisted on defraying all her expenses, including the fees of her doctor). At last, in September 1923, she was "cured" and considered well enough to return home. Her much longed-for homecoming soon became a nightmare.

In the stack of accumulated mail she found three letters from her bank; they delineated her ruin. The first–written in mid-1920 by a minor bank officer who had befriended her–advised her "to invest most of the funds in your rather substantial bank account" (amounting to over 600,000 marks, or the equivalent of more than $70,000 at the exchange rate prevailing in 1919). "It is my judgment," the writer continued, "that the purchasing power of the mark will decline, and I suggest you try to guard against this through some suitable investment which we can discuss when you come into the bank."

The next letter, dated in September 1922, and signed by another officer said, "It is no longer profitable for us to service such a small account as yours. Will you kindly withdraw your funds at the earliest opportunity?"

The third letter, dated several weeks before her return from Switzerland, announced, "Not having heard from you since our last communication, we have closed out your account. Since we no longer have on hand any small-denomination bank notes, we herein enclose a note for one million marks."

With gathering panic Frau Hendlich looked at the envelope that had contained the letter and the million-mark note. She noticed that affixed to it there was a canceled postage stamp of one million marks. Her bank account–which four years before seemed large enough to provide her with a serene existence to the end of her days–had been utterly consumed by inflation and could no longer pay for an ordinary postage stamp."

Safety Dan goldcom
Mar 10, 2016 - 9:24am

@ goldcom

I think there is many tons of gold here and in Switzerland. There was 1200 tons in the Zurich airport left by Marcos years ago that has disappeared. The many tons discussed and contracted suggest the gold was here in the Philippines. Just a Bush knew the Philippines was the richest country in the World.

Where is the gold? I don't know if its in Manila as indicated on the video. However, I've seen a current and past Governor 'disappear' his problem wife, while increasing the size of his personal zoo. Then allow pictures to be taken of his personal yellow submarine. Where did he get all those millions of dollars to do that? I and another have visited over 30 past excavated gold bar sites, from the Japanese. One learns certain things exist to validate a real gold-site. I've found a cave where a Japanese ship could pull into and chairs of stone with Japanese names. I've taken pictures of real gold bars weighing in excess of 160lbs. Craig has seen the pictures of the gold bar being validated as real.

With all the experiences and info, plus more, I would guess there are many thousands of tones of gold here. Not just the 27 tons the Central Bank of The Philippines acknowledges. Who is in control of the gold is another story. Its been enlightening to chase the sites down, meet old WWII vets and some of the family of Roxas here in Baguio. Marcos stole Roxas's gold. Recently World court found Marcos family liable and passed judgment in favor of Roxas estate for $22 Billion. That occurred in either November of 2013-4. That would have to be about 1,000 tons by itself in one site. The gold is here somewhere..

Safety Dan
Mar 10, 2016 - 9:28am

Caught With Your Hand In The Cookie Jar USG?

Former Mexican president said authorities have yet to extradite El Chapo because they fear he could “spill the beans” about corrupt politicians

Submitted by IWB, on March 10th, 2016

San Francisco del Rincón (Mexico) (AFP) – Former Mexican president Vicente Fox said Tuesday that authorities have yet to extradite drug kingpin Joaquin “El Chapo” Guzman because they fear that he could “spill the beans” about corrupt politicians.

“If I were president, I would extradite him immediately,” Fox, who led the country from 2000 to 2006, told AFP in an interview at his Centro Fox office located at a ranch in central Guanajuato state.

“Why hasn’t he been extradited? Perhaps because there is fear that he will squeal, that he will spill the beans.”

President Enrique Pena Nieto’s administration refused to extradite Guzman after he was arrested in February 2014 and the Sinaloa drug cartel leader humiliated the authorities by escaping through a tunnel 17 months later.

After Guzman was recaptured in January, Pena Nieto changed his mind and called on the attorney general’s office to speed up the extradition process.



Safety Dan
Mar 10, 2016 - 9:30am

Representative Jason Chaffetz

Representative Jason Chaffetz (R-Utah) says he wants to take away the guns of the Bureau of Land Management and their “Rambo” ways.

Representative Jason Chaffetz, the Republican from Utah, says he wants to take the guns away from the Bureau of Land Management and the Park Service, although he is pro gun rights. Introducing a bill that would do just that, he is serious in this matter.

He likens the agents to “Rambo”, and he said the Oregon standoff at the Malheur Wildlife Refuge influences his decision.

Also, he feels the Sheriff should have the highest priority as a law enforcement authority in a County. They are elected by the people of that County, and the BLM should respect that.

So, this gives me hope, and it seems the murder of LaVoy Finicum is reaching the highest offices in our government.

Chaffetz said he also wants to issue subpoenas to the “out of control” federal agencies to learn why they want to purchase submachine guns. He said he has had repeated meetings and sent letters to the BLM’s national director, Neil Kornze, with no satisfactory response to his questions.

“I want to know what kind of arsenal they have. I’m met with blank stares,” he said. “They’re wholly unresponsive. They don’t feel compelled to answer our letters.”

He said the BLM abruptly canceled its contracts with local county sheriff’s offices in Utah and relationships have diminished in a significant way. He met with local sheriffs Tuesday to discuss his proposal, with a couple of the men predicting that the congressman’s legislation will receive support.


See videos here: https://investmentwatchblog.com/representative-jason-chaffetz-r-utah-say...

Mar 10, 2016 - 9:44am


I totally agree with you. I've been listening to him PUMP for over 3 years now.

You can also include UEC to the list of promotions along with BRIZF.

The CEO of BRIZF is the exact opposite of what he described we should be looking for in a CEO.

Exter's revenge
Mar 10, 2016 - 9:51am

Black is finally black

For years whenever one of the central banks did something to devalue their currencies they would slam gold. What do you know Dragi pisses allover the Euro and gold gets slammed, for about 10 minutes. Gold's rally today is a huge deal!

The pyramid is collapsing get your gold before its gone!

J Siefert
Mar 10, 2016 - 9:53am

Not sure...

right now if we have lift off or the effing Titanic is sinking.

Turrrrrd, help!!!

Safety Dan
Mar 10, 2016 - 9:55am

Why gold could climb nearly

Why gold could climb nearly 20% in the next 12 months

From Brett Eversole, Analyst, True Wealth Systems:

Gold is up… And it could go up a lot more…

A gain of 16% to 19% over the next year is entirely possible, based on history.

Let me explain…

Yesterday, I told you about the buying opportunity that just appeared in the Japanese yen. The story for gold today is nearly identical – but the potential gains are much bigger.

The yen has three things in its favor:

  1. It has fallen dramatically since 2011,
  2. It has jumped recently in a short period, and
  3. It’s “up” over the last 12 months, for the first time in years.

These last two things had led to great returns over the NEXT 12 months, based on history.

Gold is in almost the same situation as the yen – but as I said, the upside is much greater…

From its peak in 2011 to its trough in December 2015, gold fell 37%. But since then, it has clearly “broken out.”

This breakout comes thanks to that big 8% gain in January… and another 11% gain in February. But monthly gains of that size are rare.

This has only happened 7% of the time, going back to 1975. Importantly, this extreme monthly move is a good thing for gold prices going forward… The table below shows the full details…


More than 40 years of history show that when gold climbs 8% or more in just one month, it tends to outperform going forward. And that outperformance is consistent, regardless of the time frame.

Importantly, based on the extraordinary performance in January, gold could deliver a gain of up to 19% over the next year.

Like the Japanese yen yesterday, it’s not just the one-month move that’s important…

Gold is actually “up” over the last 12 months. This is big news.

A positive 12-month stretch in gold returns has been tough to come by… Since the end of 2012, only two months showed positive 12-month trailing returns (out of 36 possible months) – until 2016.

Again, like the yen, gold does extremely well after a positive 12-month performance. Take a look:


Specifically, this is the performance of gold in the month AFTER a positive 12-month gain, annualized.

In short, you want to own gold, now.

Yes, gold has done well… but based on history – these solid recent gains tell us that we could have more to come.

Good investing,

Brett Eversole

Crux note: In this month’s issue of True Wealth Systems, Steve and Brett alerted readers that their gold “Super Signal” is finally back. This gold system has delivered outstanding 46% annualized gains when in “buy” mode over the past 40-plus years.

This signal is rare… But their computers are now giving the all-clear to buy gold. You can learn exactly how you should be taking advantage of this opportunity with a subscription to True Wealth Systems. Click here to learn more.


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Key Economic Events Week of 2/18

2/20 2:00 ET January FOMC Minutes
2/21 8:30 ET Dec Durable Goods and Capital Equipment
2/21 8:30 ET Feb Philly Fed
2/21 9:45 ET Markit Manu and Svcs PMIs
2/21 10:00 ET Jan Existing Home Sales
2/22 Day long Fed Goon appearance at Chicago Booth Policy Forum

Key Economic Events Week of 2/11

2/12 12:45 ET GCP speaks
2/13 8:30 ET CPI and three Goon speeches
2/14 8:30 ET Retail Sales (December)
2/14 8:30 ET PPI
2/15 8:30 ET Import Price Index
2/15 9:15 ET Cap. Util. & Ind. Prod.

Key Economic Events Week of 2/4

2/5 8:30 ET Trade Balance
2/5 9:45 ET Service PMIs
2/5 9:00 pm ET Trump SOTU
2/6 8:30 ET Productivity and Unit Labor Costs
2/6 7:00 pm ET CGP speech
2/7 9:30 ET Goon Clarida speech
2/8 10:00 ET Wholesale Inventories