*Update: Silver has now dropped OVER $1 to a $14 handle
Gold and silver have just been treated to a COMEX open Smack Down on large volume, as silver has been smashed over .60 nearly to $15, and gold has been taken down to $1154 as someone just dumped over $1 billion into the market open…
Silver sent down the proverbial mine shaft and nearing a $14 handle:
Click here for more on today’s MASSIVE gold and silver Smash:
The Curious Case Of Edmund C. Moy
Former US Mint director Ed Moy has made numerous false and self-contradictory statements regarding the gold at Fort Knox – a facility managed by the US Mint.
Click here for more on Former US Mint Director Edmund Moy’s False & Self-Contradictory Statements on the US Gold Reserves at Fort Knox:
In his latest radio interview, Golden Jackass Jim Willie discusses:
–The Bankers are dying; what’s going on in London?
-Lot’s of thefts and lot’s of wars, and it’s all about gold
–The real story behind the Cypress bail ins
-America no longer has any gold so we need to steal it
–Fate of The Vatican’s Gigantic Hoard of Gold
-Why the U.S. doesn’t want the reset to happen
Click here for Willie’s full interview on why Gold is About to Run the Game:
Today’s (Monday) wild upswing and subsequent crash are a reversal to add Commercial shorts.
Commercials use an upward swing to blast Spec shorts then add more to their shorts at the top then quickly HFT crash price to kill new Speculator longs and the net result is they strengthen their new short position.
The Commercials are building their short base to move price lower.
That does not portend well for future metal price, AT ALL.
Click here for more from Marshall Swing on Today’s WILD RIDE in Gold & Silver:
How are all them facts and figures about gold/silver accumulation by China, Russia, India, et al, shortages at the COMEX, LMBA for delivery of the [non-existent]physical metal, drainage of GLD, unprecedented public demand for coins, accompanied by pretty graphs and charts, working out?
Question – where are the results of all, and we mean all of the above considerations, and more?
Have these factors [and they are legitimate], driven the price of gold and silver to unprecedented levels?
If not unprecedented levels, have they driven the price of gold and silver to $1,400 and $25?
If not, why not?
Welcome to the real world, the one run by the elite banking cabal.
Click here for more on the cartel management of gold & silver: