endeavor silver of kind of held back some of their third quarter earnings in silver so called retained earnings in the metal i'm not sure it will grab hold i like the idea the reason i don't think it will grab hold as you talk to most the miners they'll say this statement we're miners we're not commodity traders we don't really know. what the future price of silver is we disco quarter to quarter get our earnings and that's what our business is however a lot of the same company so what can i do that's unique that will make are currently stand out from all the others claw you just gave us the answer hold back the earnings and physical metal and you would be you know my view head and shoulders above the rest of the pack and you'll probably get a huge premium on your share price so this is obviously an idea that is the complete opposite of what we just saw a few years ago where a company like american barrack a big gulp if there was actually in the market selling short gold as a heads and they had a huge short position on their books and this was contributing to price depreciation in the m

like that in washington helping turn cash into a rash we'll talk to mike maloney founder of gold silver dot com about the power the us is on and mitt romney we saw defend his record on job creation in private equity he played the capitalism card. i know that people are going to say oh you should only practice it this way or that way and think they know better than the private market my view is capitalism or free enterprise works. but is the mitt model giving capitalism a bad name a millionaire with a fifteen percent tax rate the kind of capitalism causing people to equate it with inequality what about the people fighting for capitalism and true chance at the ones not on that stage just trying to work hard and get ahead we'll talk about them also mega upload the f.b.i. shut it down yesterday one of the world's largest file sharing sites alleged copyright violations now the u.s. worked with other jurisdictions to make arrests and oversee raids around the globe one hundred fifty million use this site to upload files mega uploads lawyers say the site was shut down with no notice and no oppo

gold and silver have to. north of five thousand dollars an ounce probably fifteen to twenty minutes for the gold of the treasury to equal the circulating medium today which has a very long way to climb yes i certainly appreciate the answer so it's interesting to think we're headed to deflation but then going to hit hyperinflation possibly hyperinflation yeah yeah but i think it deflation is you know only six percent of the currency supply is under the direct control of the fed the other ninety four percent they only have influence over and it requires our confidence our feeling good to be. go deeper into debt every year borrow and spend to keep the game going ok if we don't borrow and spend then the whole thing starts going to inflationary collapse ok and that's why i think where we're headed it sounds like thank you so yes but gold and silver will still do the accounting to be way too early and one second too late aha there you have it good final words planned on that mike maloney thank you so much for being

silver is a beautiful material. glass is a beautiful material. two of them, when you put the two together, you can't miss. it's a great combination. the collaboration that was the most fun for me was the coffee and tea silver service setting. it required having glass handles and then the funniles on top are formed and then ground and polished and fitted on to the top. >> ubaldo does create his things much like an architect does. you can see the forms as they decrease in size up to the very top. >> his cultural association with the history of italy, makes him to some extent very aware of architect. one of miss hod were water pitchers, if you look at the top of it, it is the outline of the 17th century column cross connection. so you'll find even in his most dramatic and adventurous designs, this core of traditional rules which are part of his identity. >> after people like ubaldo are gone, these things are going to be very rarefied objects that we're not going to see too much of. i'm just thrilled he has a chance to do what he wants to do and has

dot com and author of this book rich dads advisors guide to investing in gold and silver protect your financial future michael maloney is here with us thank you so much for being on the show it's great to have you in studio as i was telling you your book really opened my eyes a decade ago to just reality i guess oh thanks for having me yeah you know one of the biggest problem we have is most people don't understand how the monetary system works and how debt based currency robs all of us and transfers wealth to the banking sector we are really going to get into that but first i want to i want to ask you this because i just playing that clip and watching the debate last night and following all of this especially being in washington the conventional wisdom. from wall street to wanks in washington seems to be that ron paul's economic policies are loony they're crazy but my question to you how can you can look at the economy without talking about things like debt money sound currency all those issues he raises well you can't i mean you said conventional wisdom and actually it's conventiona

stream tightness in the silver market at the moment we're seeing the sport contract trade daily it's just a smidgen higher than the front lunch month which is margin and this is very very bullish and particularly in precious metals one wouldn't expect to see that and it does appear to be being created by the problems with m.f. global bear in mind precious metals investors and most sensitive investors and overall to counter policy risk and of course what happened with m.f. global was an extreme counter policy event and that leads many people to leave the futures market in the pressure is going to the spot market which is very bullish for twenty twelve and and i see this is being a major change. last year the powers that be the central planners of the central bankers who don't like precious metals because it makes them look stupid when the prices go up they were raising marginal klarman and trying to get people out of this market but at the same time m.f. global and j.p. morgan stole people's money right out of their account so all of that work for nothing because now people are. i'm p

morgan been accused of and i think because very clear that silver still has a much smaller market in gold and as a result you know that both are being manipulated but the footprint of the manipulative behavior is much more obvious in silver yes i think there's some truth about the auction experience and sun in the past that was an area where you would see sell off into options bari said the contract didn't expire in the money but of course you know of late that that's been blown out the water i just think that the evidence overall is overwhelming and i would say to you that. you know what we've got is the london go pool that was around in the one nine hundred sixty s. different was them they were selling real physical in some pocket you know it still exists it's just a sort of tish's a version of the same thing that existed all along which is a managed retreat of physical metal against paper currencies and i think really you know it's it's now accepted by an increasing amount souls knowledgeable commentates this is going on i don't think it's hit the public yet because they you know

evident during the options expiration months so this is that our becoming mainstream that gold and silver are openly manipulated something we've talked about before do you think there's a growing awareness that the that these prices are fake number one and what about this idea that manipulation clusters around the option expert a month i think it is becoming more accepted people when i when i discuss it people don't. look at me as a crazy person and they met seven or eight years ago i think there's still a degree of apathy if i'm honest about about the subject but reference what janet because you were saying about option a story i think there's some truth in that but i think that the mitigation godzilla's said blowing in the obvious next to the trip over and you had on the floor if you want able to see what was going on it's very very clear and very mind that you know that that lawsuit that we discussed last time i came on is something that people should revisit and reread if they have any any sort of query about what may may or may not be going on the consolidated class action lawsuit ab

they will gold or silver. there were private notes circulating that represented themselves as money but were not legal tender. you didn't have to take those notes anymore than you have to take a check. i started writing this book because it had historical interest but since it came out it has developed greater contemporary interest. one thing i say at the end of the book is the dollar is almost certainly going to lose its privileged standing as world reserve currency. and foreign creditors to the united states will do their best to diversify their currency portfolio. what do you know? just in the paper couple days ago reuters had a report that china has agreed with the association of southeast asian nations that trading in that block will be done in chinese yuan rather than in dollars and then i read something yesterday which flew in the face of my magic trick. it seems that the legislature of louisiana -- just happened in the last couple days -- the legislature in louisiana passed a law that says that people

then figured out a way to make some extra money when he sold his silver certificates he structures the broker to go into the commodities trading pit first thing in the morning and bid up the price of the first silver contract each day rosenberg overpaid and lost money on the contracts ten thousand ounces when he sold the contract later in the day by then the price fell back to the actual market manipulation free price but as the result of his price manipulation rosenberg sold say one hundred thousand ounces for an extra three or four cents per ounce his profits from the price manipulation on one hundred thousand far exceeded the losses on the ten thousand ounces of silver but will we see the exact same thing for example when morgan stanley j.p. morgan or goldman sachs buys credit default swaps on bonds on a country like greece that are worth more if the country goes out of business so they'll buy a few of the bonds in greece but. it doesn't matter if the country goes out of business because a court the fall swaps will make more on the failure of greece so this is an old trick it's been

he was off-duty when a gunman entered the silver spring office. he went inside anyway, relaying information to other officers outside and helping t ofree

they were cold or silver. there were private notes that were circulating that represented themselves as money but they weren't legal tender. you didn't have to take those notes anymore than you have to take a check. now, i started writing this book because it had historical interests but as i was writing it and even since it come out, it has developed greater contemporary interest. one of the things that i say at the end of the book is that the dollar is almost certainty going to lose its privileged standing as the world's reserve currency. and foreign creditors to the united states are going to do your -- do their best for public contrary. reuters has a report that china has agreed with the association of scene nations that trading in that bloc will be done in yuan and i saw a piece that flew in the face of my magic trick. it seems like the legislature of louisiana the legislature of louisiana say people that sell secondhand goods cannot accept cash for those goods. and they cannot. now, in the first place th

come, new details on the silver lining. the update commuters have been waiting for. >> flurries for our ride down tonight. -- ride home tonight. >> i will preview tonight's national championship game. fletcher gets his ticket to hawaii. let's go bowling. this is the champion. ♪ i'm feelin' subway ♪ let's go [ male announcer ] hey, capital area! are you feelin' subway®? then heat up your day with the big hot pastrami melt! it's fresh toasted and piled-high with pastrami, then topped withickles, mustard, and cheese. head into a subway® restaurant today for this melty, mouthwatering sub! ♪ let's go >>> we are monitoring two men arrested in terror plots. the first one in florida. accused of-old is a car bomb and explosives in an attack in tampa. u.s.r to home, a former isdier from maryland charged after investigators said join it to organization. baxam left the u.s. to go to somalia last month. he was interviewed by fbi agents arrested on his return to maryland. he joined the army in 2007. he left the military last year. >>> d.

we are live in silver spring. >> there were scenes all covert silver spring. this home behind me is one of them. the three guys, to adults, one juvenile, are in custody right now. the video of for they were taken into custody. is near 16th street. police say these guys earlier around 2:30,n into an off-duty officers at is tom. near georgia avenue the belt way. they allegedly stole a police and the police a vast. there, they fled the scene in a stolen van. a hit and run accident in silver spring. then they wound up at the home where i am standing. a neighbor who saw suspect this afternoon. >> at first, i just saw one guy. he went over to the car or the other to work. >> -- two were. >> they were taken into custody. van was reported stolen yesterday. police said this was the van they try to get away and after the policedly stole equipment. they got into a hit and run on seminary road. they abandoned it right and the this column. that is -- driveway of this hon. me. police are still sorting out chargedse guys will be with. will know that later on this evening. we

just to have a coli chicago based expert in derivatives and she's looking at the manipulation of silver prices in the seventy's by alan grier rosenberg and what it is is that he was an arbitrage or started out legitimate based on a legitimate arbitrage opportunity between silver certificates and what the government would give you in exchange for that silver certificates were simberg then figured out a way to make some extra money when he sold his silver certificates he struck his broker to go into the commodities trading pit first thing in the morning and bid up the price of the first silver contract each day rosenberg overpaid and lost money on the contracts ten thousand ounces when he sold the contract later in the day by then the price fell back to the actual market manipulation free price but as the result of his price manipulation rosenberg sold say one hundred thousand ounces for an extra three or four cents per ounce his profits from the price manipulation on one hundred thousand far exceeded the losses on the ten thousand ounces of silver but will we see the exact same thing for

. >>> tonight, some new questions about who will pay for the second phase of metro silver line. >> mayorray trying to raise half a million in private donations to fund his later idea. >>> a crime spree in a montgomery neighborhood but this time, thieves aren't after money or high-end electronics. >>> in sports, the newest national is introduced, the wizards get bass backe to business and here at comcast cent >>> jessica buchanan, the woman freed by u.s. special forces is traveling now to be reunited with her fam late. navy s.e.a.l. team parachuted into somalia the middle of the night and rescued buchanan and her danish colleague from an outdoor camp where they were being held by a group of somali kidnappers. buchanan is from bedford, virginia. >>> president obama will visit five election battleground states in the next three dies persuade americans to support his proposals in the state of the union address. the republican presidential canned candidates are campaigning in florida ahead of tuesday's primary there newt gingrich says the president's speech plans to show for re-election as a