NOT the BIG one...........from Rico

No, this is NOT "the Big one" any more than Redd Foxx's character Fred Sanford was (he was always having "the Big one").

This is a continuation of the paper charade.

The big cartel banks (as proxies for the big Central Bank) continue massive naked shorting of COMEX bullion futures via un-backed paper.
- Ask yourself WHY the fraud-ridden paper bullion funds (GLD and SLV) controlled by JP Morgue and friends have 'discounts' vs. the legitimate physical bullion funds (CEF, PSLV, PHYS) carry 'premiums?' PHYSICAL beats PAPER.

The May COMEX ambush of Silver with successive margin hikes has just been repeated. [See the attached 3-yr Silver chart and look for the sudden-sharp-vertical drops...there are two pretty obvious ones. This is MANIPULATION and not MARKET.]
- COMEX playing with higher margin requirements for paper metals is like playing a 'marked' card at a crooked card table. It does drive futures into a physical market eventually, and hastens the real-world disconnect between physical bullion and paper bullion.

While the 'dumb money' is watching the RIGHT hand and being convinced that toxic paper assets (US Bonds and the increasingly-debauched US Dollar) are 'safe havens' the LEFT hand of 'connected money' continues to transfer wealth to itself.

This is no time to panic and lose your head. No fundamentals have changed, and nothing has been 'fixed' or 'made right' since the 2008 crash...if anything, we're deeper in public debt and the Banksters are shakier than ever.

Those who do not allow themselves to be 'shaken out' from solid 'physical' positions and into high third-party risk 'paper' positions will be glad they stood fast by later this year and into 2012.
- I expect to see the Dow approach 7,000 and the S&P 700.

The best advice ever given was by the legendary investore Jessie Livermore: "Be right, sit tight."