Talking heads on CNBC and Bloomberg smugly announced that gold was officially dead and the markets took a nose dive of 201 points. The prices of Gold, Silver and other metals plunged along with stock exchanges yesterday on the fear that the bull run in metals was finished. Apparently no one told the largest purchasers of gold on the planet, In India, buyers flocked to markets and bazaars to buy gold at bargain prices, prices that haven't been seen here since September 2011. The the Bloomberg article here.
If you can stomach watching the American MSM long enough you would have thought that there was a global sell off in gold. O' not so! Indians flocked to buy gold yesterday along with the rest of Asia - The Chinese along with Hong Kong and Singapore saw huge buying of gold as well.
This was a planned and well orchestrated manipulation takedown of metals by the FED and various bullion banks like J.P. Morgan along with computer driven macros that buy or sell while adjusting for market moves. When pushed these macros create a cascade of
water fall selling which break through stops placed in the market, creating more selling.
Large trading firms can see where your stops are placed and push through your stops to
force your account to sell. Whether by natural market forces or manipulated takedowns like you saw yesterday - you get screwed. Why? Because you aren't on the inside - with
inside knowledge of what the FED and big banks are going to do. Don't believe that the
markets are fixed? What about that supposed little slip by the FED last week e-mailing information to insiders before they announced to the markets? - Article here -
Just an accident?! Right! Would you trade on that info? Doesn't matter. You didn't get the e-mail, insiders did.
Do you have any physical gold? Did you sell your metals yesterday? Are you scared that you have to sell to protect your capital? Did anything change dramatically in the market to dissuade you from holding metals?
The facts haven't changed have they?
Governments globally are still printing massive amounts of fiat paper. QE's & Bailouts
Think Japan, USA, Europe, China....
Governments globally are still using deficit spending to stay afloat.
Global derivatives, Medicare, Medicade, Multiple wars, War on Terror, pension shortfalls, etc. are still growing.
Governments can't afford to let interest rates rise or they will be crushed by debt payments.
What exactly has changed in the above list to deflate the pricing of gold & silver?
Nothing that I can see, so, one has to conclude this is a market manipulation.
Remember back in 2008, when the markets saw this same kind of take down of the
metals market? Two months later we had Lehman & AIG collapse. Nothing has changed
and I would argue it is much worse now that in 2008. The banks haven't recapitalized,
they still have huge derivatives on their books, thousands of empty houses that they refuse to sell because they would have to take losses and fail.
Look around globally, China bought almost 100 tonnes of physical gold in February,
the rest of Asia bought 125 tones in February as well. Russia is buying physical gold, India, Vietnam, Thailand, Singapore are buying gold. What does Asia know that you don't know? The financial punch bowl is tipping towards developing nations that produce goods, real physical goods and they see gold as real, tangible money vs. paper fiat currencies.
So should you.
Cyprus should have been your "AHA!" moment when you realized that the "Too Big To Fail Banks and their corrupt government sponsors will steal everything from you in a last ditch attempt to keep the the financial body from flat lining.
Time to wake up!
If you can stomach watching the American MSM long enough you would have thought that there was a global sell off in gold. O' not so! Indians flocked to buy gold yesterday along with the rest of Asia - The Chinese along with Hong Kong and Singapore saw huge buying of gold as well.
This was a planned and well orchestrated manipulation takedown of metals by the FED and various bullion banks like J.P. Morgan along with computer driven macros that buy or sell while adjusting for market moves. When pushed these macros create a cascade of
water fall selling which break through stops placed in the market, creating more selling.
Large trading firms can see where your stops are placed and push through your stops to
force your account to sell. Whether by natural market forces or manipulated takedowns like you saw yesterday - you get screwed. Why? Because you aren't on the inside - with
inside knowledge of what the FED and big banks are going to do. Don't believe that the
markets are fixed? What about that supposed little slip by the FED last week e-mailing information to insiders before they announced to the markets? - Article here -
Just an accident?! Right! Would you trade on that info? Doesn't matter. You didn't get the e-mail, insiders did.
Do you have any physical gold? Did you sell your metals yesterday? Are you scared that you have to sell to protect your capital? Did anything change dramatically in the market to dissuade you from holding metals?
The facts haven't changed have they?
Governments globally are still printing massive amounts of fiat paper. QE's & Bailouts
Think Japan, USA, Europe, China....
Governments globally are still using deficit spending to stay afloat.
Global derivatives, Medicare, Medicade, Multiple wars, War on Terror, pension shortfalls, etc. are still growing.
Governments can't afford to let interest rates rise or they will be crushed by debt payments.
What exactly has changed in the above list to deflate the pricing of gold & silver?
Nothing that I can see, so, one has to conclude this is a market manipulation.
Remember back in 2008, when the markets saw this same kind of take down of the
metals market? Two months later we had Lehman & AIG collapse. Nothing has changed
and I would argue it is much worse now that in 2008. The banks haven't recapitalized,
they still have huge derivatives on their books, thousands of empty houses that they refuse to sell because they would have to take losses and fail.
Look around globally, China bought almost 100 tonnes of physical gold in February,
the rest of Asia bought 125 tones in February as well. Russia is buying physical gold, India, Vietnam, Thailand, Singapore are buying gold. What does Asia know that you don't know? The financial punch bowl is tipping towards developing nations that produce goods, real physical goods and they see gold as real, tangible money vs. paper fiat currencies.
So should you.
Cyprus should have been your "AHA!" moment when you realized that the "Too Big To Fail Banks and their corrupt government sponsors will steal everything from you in a last ditch attempt to keep the the financial body from flat lining.
Time to wake up!
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