majority of US precious metals storage facilities are currently based in New York. Under the SILVER Act, depositories would be approved for other regions across the Mountain, Pacific, Eastern, and Central US time zones, aiming to improve access, strengthen liquidity, and lower costs.
Senator Risch says that “the concentration of precious metals depositories in a single region has left Idahoans at a disadvantage”.
“My SILVER Act broadens the geographic locations of these facilities, which will reduce costs, strengthen our national security, and allow Idahoans to store precious metals closer to home.”
Senator Mastro adds that “the West was built on mining, an industry whose innovation is still at the forefront of the Silver State’s development today”.
“That’s why it’s critical that we allow mineral and metals depositories to exist outside of just the New York region, including in places like Nevada.
“The SILVER Act supports our mining industry and reduces the burdens placed on them so they can continue to thrive.”
The SILVER Act has been supported by industry groups and mining companies, including the Money Metals Depository, The Silver Institute, Columbia Bank, A-Mark Precious Metals/Gold.com, Zions Bancorp/Nevada State Bank, Frontier Mint, Texas Precious Metals Depository, First Mint/First Majestic Silver Corp, Kilo Capital, and Highland Mint US.
MotherSilverApe Question: Does anyone here think that this is a good idea?
Why can’t we pay people for doing real work such as properly caring for elderly folks, properly taking care of babies and children, street crossing guards who also pick up litter, door men who also provide security, professionals doing blue collar work, such a building maintenance and renovations, construction jobs, building new homes, caring for ill folks teaching sports and music and reward those who can create art and music, properly rewarding people for providing real services and sharing their skills and talents?
I would hate to see people who have been let go from AI get free income while giving up their desk jobs, all the while, blue-collar workers continue to work 12 hour days.
Gulf nations are selling US treasuries to buy gold and silver, and physical silver keeps leaving the COMEX.
Link to source: https://x.com/TheGladiatorHC/status/2057723358578671816?s=20
Video clip is available in the link.
Link to source: https://x.com/BullionaireBob/status/2057578750665949616?s=20
Link to source: https://x.com/KarelMercx/status/2057441816530522475?s=20
Link to source: https://x.com/pmbug/status/2057452946724377073?s=20
In the past, the FBI provided cover for the CIA’s bank robberies, including armored trucks, money exchange facilities, casinos, diamond and gold centers, etc., etc. The FBI, which used to investigate organized crime, has itself become an enormous organized criminal enterprise.
The mechanisms by which intelligence agencies generate off-the-books revenue operate far outside the view of traditional congressional oversight.
When an agency needs to bypass the “power of the purse,” it does not simply ask for more tax dollars; it builds or co-opts existing illicit infrastructures to create a self-sustaining ecosystem of black-budget funding.
The Nugan Hand Model: Banking and Laundering
The Nugan Hand Bank scandal serves as a masterclass in how institutional power utilizes private financial fronts to facilitate covert operations. Based in Australia but with a global footprint, this institution was not merely a bank; it was an instrument of intelligence designed to move money across borders with minimal scrutiny.
- Financial Complicity: The bank provided a veneer of legitimacy for capital flight, arms deals, and the movement of operational funds. By integrating high-level former intelligence and military personnel into its directorship, the agency established a “revolving door” that ensured the bank operated with effective immunity from standard financial regulations.
- The Utility of Collapse: When the bank collapsed, it left behind a trail of death and broken records. The official narrative often reduces these events to “business failure” or “isolated corruption,” ignoring the systemic utility of a global entity that could wash funds for operations that could never appear on an official audit.
The Geopolitical Drug Trade
The history of intelligence involvement in the global narcotics trade is not about single bad actors; it is about the strategic deployment of drug economies to achieve geopolitical objectives. By fostering relationships with local warlords or insurgent factions, the agency secures a reliable, untraceable stream of capital.
- Golden Triangle & Afghanistan: In both Southeast Asia and Afghanistan, the pattern is consistent. When an intelligence goal—such as containing a rival power—aligns with the needs of local drug lords, the agency provides the logistics, security, and intelligence necessary for these groups to flourish. In exchange, the agency gains an ally whose operations are funded by the very trade the U.S. government publicly claims to be fighting.
- The “Unsubstantiated” Defense: Official reports from oversight committees frequently use the “unsubstantiated” label to bury these connections. This is a classic administrative maneuver: by narrowing the scope of the investigation to specific individuals or direct, recorded linkages, oversight bodies successfully ignore the broader reality of operational complicity between intelligence assets and international drug traffickers.
The Mechanics of Plausible Deniability
The primary tool used to shield these activities is plausible deniability. By operating through third-party contractors, shell companies, and foreign intermediaries, the agency ensures that there is always a barrier between its central headquarters and the actual illicit activity.
- Strategic Distancing: When exposure occurs—as it did in the 1980s regarding Central American operations—the agency’s reflexive response is to cut ties with the specific individuals involved and issue internal memos directing personnel to “avoid contact” with suspected traffickers. These memos serve a dual purpose: they create a paper trail for future congressional hearings while the actual material support for the broader mission continues through more obfuscated channels.
- Insulation of Leadership: The structure is designed so that the “left hand” (the operators in the field) knows exactly what is happening, while the “right hand” (the leadership in Washington) can truthfully testify that they were not personally involved in the specific transaction of drugs or illicit funds.
The reality remains that when an agency requires a massive, off-the-books war chest, it inevitably turns to the most lucrative shadow economies available.
Whether it is through the manipulation of banking systems or the protection of drug-trafficking networks, the capital is raised, the missions are funded, and the bureaucracy maintains its functional autonomy from the public it is supposed to serve.
Link to source: https://x.com/TonySeruga/status/2057560727502868983?s=20
MotherSilverApe Comment: This story is one more reason why we have to return to silver as money. And restore accountability in our world today.
Canada’s busiest airport. Tens of millions in gold and currency loaded onto a truck in broad daylight and driven away.
The insiders who made it happen? Airport employees — including two Air Canada staff — with documented ties to organized crime.
One of them, Parmpal Sidhu, had been flagged in multiple drug-trafficking investigations going back decades. He kept his full security clearance anyway.
Transport Canada’s scorecard: 125,000 security clearances approved at our major airports. 7,500 of those people were flagged with security issues… and got rubber-stamped regardless.
Their official line? “Adverse information doesn’t automatically equate to a transportation security risk.”
This isn’t oversight.
This is a system that treats Canadian airports like an open invitation to organized crime.
How exactly does this keep anyone safe?
Link to source and CTV Video: https://x.com/JayGenXer/status/2057491435427963372?s=20
CTV News Story: https://www.ctvnews.ca/canada/article/exclusive-air-canada-employee-accused-in-canadas-largest-gold-heist-had-been-on-police-radar-for-years/
Because every major breakdown FAILED.
Silver broke support…
ran the stops…
and within HOURS reversed back into range like:
“haha… fooled you.”
That’s not weakness.
That’s absorption.
Meanwhile:
M2 exploded
debt exploded
bond yields exploded
fiat purchasing power collapsed
Yet silver spent decades trapped under old highs while almost every other hard asset repriced higher.
Oliver’s point is simple:
The longer a market is artificially compressed…
the more violent the repricing becomes once reality breaks through.
And that’s exactly why stackers don’t sleep on pullbacks.
We stack harder.
LLink to source: https://x.com/honzacern1/status/2057483554498719885?s=20
This is reminiscent of the days prior to the COVID pandemic, when the news was already out, and yet everyone ignored it, until they didn't. So I wouldn't be surprised to see a sudden market panic sometime in the coming weeks. Everyone will act surprised, as if the writing wasn't on the wall.
Under such conditions, you would expect #silver to be weak, but it isn't. Just like the stock market, it keeps hanging in there. But unlike the stock market, it is carving out a bottom rather than a top. It currently enjoys a confluence of support, from two different trend lines. Last week's decline is shaping up to be nothing more than a retest of its recent breakout. It also regained its 50 day moving average. These are all signs of strength.
Silver shorts only have so many opportunities to take it lower, before they must capitulate. They've already failed twice. If it doesn't happen soon, then silver is headed higher.
Link to source: https://x.com/thesilverhermit/status/2057717571814604888?s=20
“I haven’t seen anything this bad since the 1980s.”
Link to source: https://x.com/FarmActionUS/status/2057564722346840477?s=20
Key Takeaways
Link to source: https://www.miningvisuals.com/post/silver-coin-and-bar-demand-surges-14-amid-global-market-tightness
That Silver Is Wild And Dangerous Stuff - It Can Make The Public Independent!
This marks a dramatic shift from just a decade ago when industrial uses accounted for roughly half that share.
Silver’s unique properties make it irreplaceable across critical industries. The metal conducts electricity and heat better than any other element while offering natural antimicrobial characteristics and exceptional reflectivity. These qualities create persistent demand regardless of economic cycles.
Electronics, solar energy, electric vehicles, and medical devices now depend on silver for core functionality.”
Silver demand keeps rising faster than supply. The global market recorded a 148.9 million-ounce defit in 2024, after another shortfall in 2023.
Industrial demand reached a record 680.5 million ounces, while total supply stayed below consumption. Investors now face a tighter market with fewer freely available silver reserves.
Key Takeaways
RECOMMENDED: Silver Price Outlook: What Could Drive Silver to $100?
Why Silver Deficits Keep Growing
The silver market now runs persistent deficits year after year. The Silver Institute projected a fifth straight deficit for 2025, with another major supply gap expected in 2026. Mine production increased in 2024, reaching 819.7 million ounces, but demand still moved higher.
The target is still $300 to $500 by late summer, the same way copper and lead exploded when they finally broke out of their decade-long ranges.
Link to source. The video clip of this latest interview is available in the following link: https://x.com/TheGladiatorHC/status/2057219823382519834?s=20