The present 'manipulation' of bullion spot price is the worst it has been in many years.
- Bullion is obviously being gutted to keep the fiat Dollar and the paper ponzi game afloat a bit longer.
With Silver now below it's 3-yr low of $18.17, and Gold fast approaching its 3-yr low of $1179, this can be taken as a "clue" in two ways:
- Dump everything paper right now and buy physical bullion while you still can.
- The current equity bull market of a lifetime is a "do not miss" opportunity of a lifetime and you should put any remaining cash into riding this bull.
I am looking at this set up in two ways.
- The last time Silver 'collapsed' like this for no reason, on no news, the next thing to happen was the financial crisis of 2008. The current 'collapse' for no reason, and on no news may be an indicator of something very-very fugly heading directly our way again.
- The FED and the equity markets have been refined into a wealth-extraction tool, and what is being done now is a last attempt to loot what little remaining cash that has not yet been plundered from the little people.....er, investors before the whole thing 'crashes' and we see life imitating art with a live reenactment of the Southpark skit "and it's gone" (watch the original clip at YouTube if you haven't seen it or don't remember it).
Tuesday 23 September 2014
Going, going...and it's gone...................from Rico
From Theo Spark at 09:17
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