Something is Broken in the Gold and Silver MarketsBy Rory Hall Beginning in December, as Dave pointed out in Is The Global Financial System On The Brink Of Collapse? something happened in the derivatives market and I believe something broke and there has been an ongoing smoldering fire just under the surface. The criminals at the too big to prosecute mafia organizations, formerly known as banks, have been doing their level best to keep the fire from coming to the surface. The desperate behavior by the Central Planners reeks of the unmistakable scent of fear. If you think the Wall Street criminals arent scared right now, then explain this: Subsequent to whatever it was that blew up behind the scenes in December, a smallish bank in Austria blew up and filed for bankruptcy. Approximately two weeks later, a bank in Germany began having problems due to the derivatives associated with the Austrian bank. In April we learn, by way of Mr. Steve St. Angelo of the SRSRocco Report, the gold and silver miners are beginning to have serious cash flow problems and output is slowing down. We also learned, from Mr. Jeff Brown when we interviewed him on Shadow of Truth, that China had been removing silver ore directly from the miners. We believe this was to supplement their solar program which requires approximately 90% of the silver that China mines internally; leaving them virtually nothing to create silver bullion coins, medallions, silver bars or ingots for investment purposes. We also learned that India is also following the same line as China and has undertaken a massive solar energy program for their country. Currently, we do not have the information regarding how much silver India is pulling from the market but we do know their silver bullion imports have exploded in 2015. On July 5, the Prime Minister of Greece, Alexis Tsipras, decides to hold a referendum and allow the people of Greece to decide if they want to stay in the EuroZone and continue using the Euro as their currency. The Syriza Party, of which Mr Tsipras is a member, was elected with 35% majority, for the specific purpose of ending of austerity. As many people know, Greece has experienced enormous economic problems since joining the EuroZone and has taken on approximately $350 billion worth of debt from the IMF. The people of Greece voted, by a margin of 61% to 39%, to leave the EU and stop using the Euro. The Prime Minister responded by telling the Greek people, they would NOT be leaving the EuroZone and would in fact be taking on more debt from the IMF and would continue using the Euro!! The Greeks responded accordingly and have been protesting, rioting and various other nasty things since this happened. I dont blame them one bit. The second week of July 2015 the US Mint sells completely out of American Silver Eagles. This was unannounced, no forewarning was given at all. Usually if supplies become tight the Mint, in the past, has moved to allocated (read rationed) sales to the wholesalers. Not this time. The Mint opened their doors (figuratively) for business and before lunch had announced they were sold out and promptly closed their doors! The following week China announces, for the first time in five years, their current Official gold holdings. The increase was greeted with little enthusiasm as no one actually believed the amount announced. Most analysts believe the amount of gold held by China is much higher than they are willing to share with the world. Then a very curious thing happened. With all of the bullet points above as a back drop, four days after China makes their announcement of current gold holdings, someone or something triggered a massive selloff of gold futures. 716,000 ounces of gold, approximately 3% of annual global gold mining production, was sold in approximately 1 minutes time. WOW!!! Why would this happen at this time unless something was very, very wrong? China just announced they had increased their holdings, the global economy is in trouble and someone decides that now is the opportune time to unload 3% of global gold in 1 minute!! Does that make sense to you? Does that sound like the act of a desperate, trapped rat? It does to me. It seems like something else other than a derivatives event happened in December 2014 which has broken in the gold and silver markets. It seems like something unprecedented is about to make a grand entrance. I am not 100% sure, but I know this: if you dont have several months worth of cash, food, water and security on hand you better make a move and you better make it quick. Fall is coming, and there have been way too many people saying that fall of 2015 something is going to change; the picture seems pretty clear. You can read more from Rory Hall at his site TheDailyCoin.com. Dont forget to follow The Daily Coin on Twitter and like on Facebook. Greeks did not vote to come out of the Euro,but to reject the austerity measures put on them by the Troika I must treat everything else in this article with a suitable amount of caution Yep. Like Russia annexed Crimea? Yes, i was mistaken and have corrected the error. Thanks for pointing this out. Thanks for acknowledging and correcting TheDailyCoin Thank you for your erudite contribution FalconMoose Truth remains that it simply did not matter what the Greek people wanted.Tsipras was presented with a deal he could not refuse by the Troika/US State Dept.Another truth being that all of our financial markets are manipulated by the Rothschild banksters.The caution that one should exercise is in believing anything from the MSM/DC. George I agree the Greek people were ignored,and democracy means nothing to those that control international finance.I also agree that we cannot trust the MSM.I hesitate to name the Rothschilds particularly though I note that in spite of(or maybe because of)their size and clout ,they are rarely if ever mentioned by that same MSM.I hesitate because that might lead us to forget the other crooks! I remember reading in these very pages that we should be getting into gold and silver. 