A2A with The Doc of SilverDoctors

112

It was great fun to visit with my pal, The Doc, today. It was also highly informative as we discussed the dynamics of being a bullion dealer and how this impacts physical supply and demand of gold and silver coins.

Among the topics discussed in this 53-minute call:

  • How does "coin allocation" from the US Mint work
  • What does it mean to be an Authorized Participant at the wholesale level
  • How do large dealers manage risk and inventory
  • What types of coins are the biggest sellers and why
  • The advantages of 90% silver and why people own it
  • Current demand and supply trends within the industry

And much, much more. This was an extremely informative discussion, the likes of which you're simply not going to find anywhere else. Please carve out some time to give it a thorough listen. And, of course, you can always find excellent deals at www.sdbullion.com.

TF

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Lemming
Aug 12, 2016 - 3:56am

Reefer Madness

Given that the whole banking system is dependent on weed continuing to be illegal, the DEA's decision comes as no surprise. Lobbyists for Citi Bank, the primary South American drug money launderer, no doubt bought DEA directors a lot of drinks and lobster tails.

I find it interesting that the vast majority of dope smokers vote for an enormous, corrupt central government, when it is the states exercising their rights under the 10th amendment who are effectively destroying the federal government's drug cartel.

Safety Dan
Aug 12, 2016 - 3:54am

Barclays Settles $100mn Claim

Barclays Settles $100mn Claim With Most US States Over Libor Scandal

Barclays, a British multinational banking and financial services company, shells out a $100 million settlement with more than 40 US states over claims that it rigged the Libor rate system.

The settlement with 43 US states and the District of Columbia was announced by New York Attorney General Eric Schneiderman. The additional sum comes on top of the $453 million fine Barclays received four years ago by UK regulators.

Barclays said it was “pleased” to have settled this latest legal threat in the US.

“We believe this settlement is in the best interests of our shareholders and clients, and allows us to continue to focus on the future and serve our clients,” the bank said.

Schneiderman said government entities and not-for-profit organisations were defrauded because they were unaware that Barclays and other financial institutions were manipulating the rate, which is used to price an estimated $350 trillion of financial products.

“As a result of…

Read more

Safety Dan
Aug 12, 2016 - 3:43am

Thailand just made it the law to ban 'dishonest' politicians

Thailand just made it the law to ban 'dishonest' politicians

Imagine a nation purged of all “dishonest” politicians.

Better still, top judges and key cabinet officials who lack “ethical standards” are also swept from power.

This may sound positively dreamy to voters in many countries — including the United States, where about three in four adults say “most people in politics” cannot be trusted.

Well, this policy of enforced honesty is now the law in Thailand. But there’s a major catch.

“Honesty” is determined by a group of unelected bureaucrats — all beholden to an army known for enforcing its political desires with tanks and crackdowns.

This is the new political system designed by Thailand’s military junta. Now that it’s been validated by a referendum, conservative generals have reason to celebrate.

On Sunday, a majority of Thai voters approved a new constitution designed by the military and its loyalists. Under this system, a hand-picked senate and several small councils will wield immense power.

https://www.pri.org/stories/2016-08-11/thailand-s-military-elite-will-so...

Safety Dan
Aug 12, 2016 - 3:42am

WITH LIBYA, US NOW HAS GROUND

WITH LIBYA, US NOW HAS GROUND FORCES IN FOUR WARS

This excludes all of the off-the-books special operations in over 100 countries, and the major role the US is playing in supplying weapons for Saudi Arabia’s war on Yemen. Among those weapons are controversial cluster bombs, which are banned by many countries for their impact on civilians. Preceding the Yemen civil war, the US had an active drone assassination program in the country, which included the targeted killing of American citizens. The drone assassination program continues throughout the greater Middle East.

While it is impossible to know all the dirty deeds of America’s sprawling global empire, news that US ground forces are now fighting in Libya means that US troops are involved in at least four active wars:

Afghanistan: A planned draw-down of troops in 2015 was curtailed by President Obama to leave more troops for combat and advisory missions. This week, US forces were forced to abandon military equipment that thenfell into the hands of ISIS.

Iraq: After a removal of major combat forces in 2011, Iraq has become a battleground once again. President Obama has sent roughly 4,600 troops in for combat and advisory roles and built a new base in northern Iraq called “Firebase Bell.”

Syria: Though the US had been supporting Syrian rebel groups, including jihadists, since 2013, US troops have entered the fighting in the country. In January of this year, US special forces took control of a military base in northern Syria.

Libya: In 2011, the US assisted in the overthrow of the Gaddafi government in Libya. In the aftermath, Libya has fallen into total chaos, making it ripe for ISIS to establish a significant presence. Now, according to the Pentagon, US forces are fighting on the ground to drive ISIS out.

This excludes all of the off-the-books special operations in over 100 countries, and the major role the US is playing in supplying weapons for Saudi Arabia’s war on Yemen. Among those weapons are controversial cluster bombs, which are banned by many countries for their impact on civilians.

Preceding the Yemen civil war, the US had an active drone assassination program in the country, which included the targeted killing of American citizens. The drone assassination program continues throughout the greater Middle East.

More here: https://shadowproof.com/2016/08/11/libya-us-now-ground-forces-four-wars/

Safety Dan
Aug 12, 2016 - 3:38am

BREAKING: DEA Proves Loyalty

BREAKING: DEA Proves Loyalty to Big Pharma, Maintains Cannabis Has ‘No Medicinal Value’

Washington, D.C. – The federal government has once again revealed itself as nothing more than puppets to the big pharma industry. On Thursday, the Drug Enforcement Administration (DEA) moved to deny any changes to marijuana under its federal drug schedule, keeping the drug in the most restrictive category for U.S. law enforcement purposes.

For decades the pharmaceutical industry has poured millions into the pockets of corrupt politicians as they lobbied to keep cannabis illegal. As the Free Thought Project reported last month, a new study from the University of Georgia shows exactly why all that money was spent. Legal marijuana destroys big pharma’s profits.

The study examined the costs of Medicare’s prescription drug benefit program in 2013, a year when only 17 states and the District of Columbia had legalized medicinal marijuana. They found that legal pot contributed to a savings of $165.2 million in prescription costs. Researchers at the University of Georgia used those number to determine a savings in the hundreds of millions if all states would legalize medical cannabis.

Now it makes perfect sense why the DEA would maintain this asinine classification.

Read more at https://thefreethoughtproject.com/dea-refuses-reschedule-cannabis/#qWx5i...

Lemming
Aug 12, 2016 - 3:06am

Freight Train

While Turd may in fact be a witch, I believe there is another explanation. While you and I believe that we will be the first to eyeball the oncoming freight train, Turd is using inputs that we haven't considered. Take a look over there at Turd, he has his ear to the rail using the old indian technique! There IS INDEED a reason why we pay him and he owns this site not us.

Turd is so connected and tuned to the frequency of the gold/silver markets, uses so many inputs, has conversations with so many experts, that at times he KNOWS instinctively what will happen next. The difficulty is in imparting these impressions to us laymen.

Turd discovered an amazing pattern related to the TED spread which he hoped would illicit at least a well earned "WOW" from the peanut gallery. I'm guessing that he was a bit disappointed that no one immediately grasped the import of his attempted illustration.

We truly are attempting to pay attention Turd, though we may not appear to be at times. Thanks for your patience.

AlienEyes
Aug 12, 2016 - 2:36am

Thanks, rckymtn.

It's not a case of being right or wrong with me. It's a difference of views of the same thing from different perspectives.

I had to LOL at your "Baghdad Bob level propaganda" statement of fact because that is precisely what it is.

Right Said, Fred !

"All is well", like hell.

Dirt_Reynolds
Aug 12, 2016 - 2:16am

info

Yeah. I ctrl+c, alt+tab, ctrl+v'd that bitch.

I heart me some metakeys.

#keepstacking

AlienEyesJames Crighton
Aug 12, 2016 - 2:10am

JC

No problem, my friend. I'm not going anywhere.

I'll still be around (I hope) and I'm not one to "look the other way".

In my personal view, far too many in Washington have chosen to be 'legally blind' and therein dwells just one of the things we are doing arse-backwards.

Thanks for the "eloquently crafted" comment. It put a 'happy' on my face and keep in mind, I have been in company on occasions who wanted to fight when called a "homo-sapiens".

rckymtn
Aug 12, 2016 - 2:05am

AE.Agree 100% with what you

AE.

Agree 100% with what you said. Spent some time with my parents this past week and I about lost it on one of them as I too think this is our last chance and they don't see it. They watch normal news being fed Baghdad Bob level propaganda and eat it up with a spoon.

Things are moving so fast around the world now, so many things could go so badly and this election going the wrong way is the worst possible thing that could happen in my lifetime. America will truly be lost and will never recover for the rest of my time on earth if hc is elected president and has her way with the Supreme Court. The amount of corruption makes me sick and I fear for my young kids future

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