If you get a chance to read ‘Ranting Andy’s” latest, do so.

What is troubling, and he that is not alone in his thinking, that the Cartel are targeting the mining stocks into extinction, something that should concern all of us. I have often espoused upon the notion, as have many of you, that it is mere child’s play for them to do so. Here are some excerpts followed by the address.

I have been shouting from the rooftops of the importance of PSLV's surging premium to its Net Asset Value, going back to my January 9th RANT, "PSLV Premium Surges to 31%," and now you can see why.

Given its status as the world's only audited, redeemablesilver fund, run by a true ally of PM investors, the Sprott Physical Silver Trust could be this year's most important stock in the entire world. Thus, the premium on PSLV to its Net Asset Value (NAV), and to a lesser extent that of its sister fund, the Sprott Physical Gold Trust (PHYS), must be watched by ALL PM investors on a daily, or at least weekly, basis. Below are links to the daily NAV of each of these funds.

Sprott Physical Silver Trust - Net Asset Value

Sprott Physical Gold Trust - Net Asset Value

Finally, after early December's pathetically desperate "OPERATION PM ANNIHILATION II," sales have again exploded. With January just two-thirds complete, the December/January tally has nearly reached the September/October level, validating the numerous articles I've recently posted depicting surging global PHYSICAL demand.

In a nutshell, silver demand is dramatically higher than the period of its greatest PHYSICAL premiums, making it highly likely that any future PAPER smashes OR surges will result in "no offer" situations, and subsequently soaring premiums. If anyone doubts what the world thinks of TPTB's smoking printing presses, look no further than this chart of U.S. Mint Silver Eagle sales over the past 25 years, which clearly stair-stepped significantly higher upon the commencement of Global Meltdown I in late 2008, and again after the onset of Global Meltdown II last summer.

Due to the inexorable demand EXPLOSION, 2011 saw official mint sales surpass domestic production in BOTH the U.S. and Canada, a condition I expect to NEVER reverse - EVER! Thus, the U.S. and Royal Canadian Mints will be required to purchase PHYSICAL silver in the open market, competing with retail, institutional, and sovereign buyers, yielding considerable incremental upside pressure.

On the topic of my bearishness on PM mining stocks relative to PHYSICAL metal, if you want a second opinion, please subscribe to Jim Willie's fabulous newsletter, at GoldenJackass.com. In his January 2012 issue, he relates his agreement on this topic, discussing in great detail the key issues I have espoused for some time.

Actually, there is some news this morning, amidst the mining share sector. Pan American Silver (PAAS), one of the world's largest silver producers, is buying Minefinders (MFN), a medium-sized (eight million ounces/year) producer based in Mexico. Minefinders is about one-third the size of PAAS, and per the headline below, the combined entity is the ambiguously hyped "leading geographically-diversified silver producer."

Pan American to Acquire Minefinders and Create the Leading Geographically-Diversified Silver Producer

I worked as an oilfield service analyst for nearly decade, helplessly at the whims of Salomon Smith Barney's investment bankers each and every day, forcing us to "write up" deals that earned the firm huge fees but rarely led to material benefits for acquirers OR shareholders. In this case, "CIBC World Markets" and "BMO Capital Markets" will benefit greatly from the deal, while PAAS shareholders, which should be making a killing from the firm's 224 million ounces of silver resources and 22 million ounces of annual production, are once again HOSED.

The stock is already down 45% from its all-time high set in early 2008 - when silver was just $20/ounce - and is now forced to endure another 7.5% plunge due to dilution from this toxic acquisition - aided, of course, by the Cartel, whose naked short-selling algorithms seem to multiply whenever material news is published, good OR bad. Yet again, a MINING STOCK causing anger, frustration, and financial MISERY, amidst THE WORST SECTOR in the entire market, care of the gold Cartel and the vicious, bloodsucking bankers. And to think, if everyone just sold their mining stocks and bought PHYSICAL gold and silver, the only people suffering would be the mining executives that have worked so hard to sabotage investors for so long. NEM, KGC, HL, PAAS - the list of casualties grows longer each day.

PROTECT YOURSELF, and do it NOW!

___________________________________________________

In nearly a decade of battling the gold Cartel - for my assets, livelihood, and sanity - I have come across essentially every major player in the "shadow world" where the MSM won't tread. The 'leaders' of the anti-Cartel brigade are household names among my readership, but nowhere else; and despite a decade of victories, blowing up one DEATH STAR after the next, our "band of rebels" remains small.

Of course, "small" is relative word. Compared to 2002 - when I first joined the movement - it is significantly larger. The old guard is still there, such as Jim Sinclair, Richard Russell, Hugo Salinas Price, and James Turk, plus a growing cadre of newcomers (myself included), with Bill Murphy and Chris Powell serving as Army Generals for their fabulous work with GATA, the Gold Anti-Trust Action Committee.

Thanks to relentless articles and speaking engagements, plus the viral capabilities of the internet, the mechanism and reasons behind official PM manipulation are gradually becoming understood the world round. I know the "biggest money" is aware - such as the Chinese, Russian, and Arab governments - and slowly, but surely, the message is reaching myriad individuals, institutions, and municipal agencies. I believe global awareness of our cause has only increased from "1 out of 10" to "2 of 10" in recent years, but progress is progress, and in doubling such acceptance, the odds on the Cartel's imminent demise have shrunken dramatically.

Of the group of leaders mentioned above, all are vital assets to our movement - and thus the people of the world. However, none have the financial muscle to directly challenge the Cartel, nor the political connections to get away with it. Except for one person - an avid GATA supporter from the beginning, an increasingly powerful Bay Street fixture over the past decade, and, to boot, a cordial, courteous person. And that man, of course, is Eric Sprott, ADMIRAL of the global anti-Cartel forces.

Based in Toronto, his Sprott Securities investment bank has become ubiquitous with the mining sector, particularly in Canada but increasingly in the States as well following his 2010 merger with Rick Rule's Global Resource Investments in San Diego, California. Moreover, his long-time partner John Embry has been equally ubiquitous in the anti-Cartel fight, perhaps the first high profile financial sector figure to state his anti-government views publicly - sanctioned, of course, by his boss Eric Sprott.

In recent years, Sprott himself has taken the spotlight, personally attacking the gold Cartel in public missives and speeches, in essence taking the mantle of ADMIRAL from the aforementioned group of extraordinary men and women, specifically "GENERAL SINCLAIR." I have only met Eric Sprott once - this summer at the London GATA Conference - but we have been well aware of each other's views for many years. Moreover, through GATA I have become quite friendly with John Embry, Sprott's Chief Investment Strategist, who not only is a brilliant analyst, but one of the best people you will meet. Perhaps my kinship with Eric and John relates to the same "Ranting Andy-esque" passion they share for the cause, a trait common to staunch GATA supporters.

Anyhow, due to Sprott's access to capital, devotion to Precious Metals, and savvy business decisions, his firm has become a force to reckon with, as well as himself personally, rumored to be a billionaire. Our small but growing camp includes many wealthy people, but few with the motivation and ability to break the Cartel. And that is just what Sprott's PHYSICAL gold and silver bullion trusts, tickers PHYS and PSLV, respectively, were created to do, the polar opposite of the ETFs GLD and SLV, created by the U.S. government to divert potential PHYSICAL purchases into fraudulent PAPER PM investments.

In just two short years for PHYS, and one for PSLV, the market capitalizations of these powerful PM investment vehicles have grown to $2.1 billion and $1.1 billion, respectively, including last week's $349 million PSLV offering. PHYS owns 1.2 million ounces of gold, making it a legitimate means for institutional investors to secure PHYSICAL metal in quantity, but that amount is not enough to impact the global supply/demand balance. However, PSLV's 33 million ounces of silver (assuming the newest 10 million ounces are delivered as promised) represents 3.5% to 5.5% of the global silver supply (very little of which is for sale at current prices), and thus represents a MAJOR THREAT to the Cartel.

When PSLV completed its IPO - $575 million in November 2010 - the Cartel was forced to resort to implement its "D-DAY" offensive days later, and still silver doubled in the ensuing six months to an ALL-TIME HIGH of $50/oz, necessitating the Cartel's BIGGEST GUNS YET to be brought out for the "SUNDAY NIGHT PAPER SILVER MASSACRE." However, per the analysis at the beginning of today's RANT, PHYSICAL silver demand has continued to grow no matter what they have tried, particularly in the aftermath of increasingly intense PAPER attacks, such as "OPERATION PM ANNIHILATION I" in September 2011 and "OPERATION PM ANNIHILATION II" in December 2011.

THAT is why last week's PSLV offering is such a potentially market-moving "offensive" in the WAR against the Cartel. Given the vastly more fragile, and distrustful, state of the GLOBAL financial system compared to late 2010, and soaring, record demand for PHYSICAL silver, I would not be surprised if, at the least, the Cartel is swamped by PHYSICAL demand in the coming months, leading to a third attempt to break through the ULTIMATE KEY ROUND NUMBER of $50/ounce PERMANENTLY.

There is no way of knowing how things will play out in the near-term - although my level of confidence is growing each week - but the long-term result, and not verylong at that, is already cast in stone. Anyone seeking victory in the life or death war between "financial good and evil" owes a debt of gratitude to the tireless efforts of GATA Army soldiers the world round, but particularly that of its undisputed leader, "ADMIRAL SPROTT!"

Andy

I've owned stocks such as Coeur D'Alene and Hecla Mining. After reading the RANT "THE WAR AGAINST US," I have to quickly get out of the mining stock sector fast as PRESERVATION OF CAPITAL, NOT WEALTH BUILDING should be my primary goal. I like this quote!

A painful decision, but I hope the loss can be covered later when the physical silver revamps in the future.

F

F,

Good for you, THAT is how to PROTECT YOURSELF.

All one needs to see is how the mining stocks acted this week to realize they are targeted for extinction by the Cartel with unlimited naked shorts.

Andy

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