Submitted by The Wealth Watchman: 

The Clock is Ticking in Silver…

Ladies and Gentlemen, for months I’ve written about how the diminishing price/supply in silver, coupled with fresh, record demand will lead to a “religious experience” for the market riggers. On Saturday, I did an interview with Wall Street for Main Street, on the topic as well.

Well, in the last few days, the downward spiral of Comex silver ounces has turned into a gigantic plummet, a rout of 2011 proportions. Just take a look at the warehouse numbers for Friday! One glance, and you’ll instantly understand: something is very wrong on the silver scene!

Absolutely brutal!

The Comex registered silver category bled roughly 7.8 MILLION ounces in one day!  This equates to over 21% of total registered silver stocks, gone in 24 hours!

Now, it’s true we might occasionally see numbers like this in gold, such as we just saw last week, when over 200,000 golden registered ounces left their coffers in one business day!  However, it’s simply not been like this in silver.

Now just take a look at where this one day collapse has brought the long term silver stock chart(via Jesse’s Cafe Americain and goldchartsrus.com):

Brothers, we are now back at the levels last seen in May of 2011!

You’ll remember that was when silver’s upward price spikes were roughly $1 per day!  Wholesale silver was beginning to dry up, and the world was cornering available silver. The banksters had a serious problem, and engineered the May Day Massacre of 2011, to stave off the supply crunch and buy time.

THIS time however, the registered supply crunch is becoming a steady reality in the face of collapsing prices, totally different! Last time the banks had the leeway to absolutely rock silver’s price 2, 3, or 4 times over the next year to cool off demand.

What will they do this time? That trick will no longer work!

If they thwack prices 30% again (as they did twice before), from $14, we’ll be looking at a spot price of roughly $9.80! 

Do you think that the problem of deepening wholesale tightening could be solved at sub $10 silver?

You bet your life it wouldn’t!

The base and precious metal miners, already preparing to ‘give up the ghost’, would be TKO’ed, by such price action, and stackers the world over (especially in India), would end this game rather quickly. The number of Comex registered silver ounces would collapse even more steeply, virtually overnight.

Now consider this: it took nearly 4 years to build those reserves up from 26 million to 70 million ounces. 4 long years! Yet it took just 9 months to bring it back to earth!

It took the stairs up, and the elevator shaft down! 

Furthermore, most of the silver ounces that the cabal has been using to satisfy Comex deliveries with have been coming from CNT for months.

The problem for them though, is that the last withdrawal from CNT (of nearly 3.9 million oz in a single day) has now taken CNT to roughly 400,000 ounces!

CNT has virtually zero ounces left to make deliveries whole.  It appears that Brinks will now be the next in line on the chopping block, but they’ve got just 10 million oz in the vaults. That could be gone in a month, very easily.

As some have heard though, there’s another huge indicator that the cabal is running out of time on the silver (and gold) scene.

LBMA Chaos

CONTINUE READING......,.

http://www.silverdoctors.com/the-banking-cabal-is-running-out-of-time-in-silver/