Gold: Past, Present, and Future

vividgull10 said:Basically, he said the same thing he did regarding Quantitative Easing 3, and the balance sheet hasn't really moved much.

So, for now—I don't see any major news here.
The announcement fell flat, so now we just wait to see if they actually follow through with anything concrete.

Look, I think you're missing the fundamental distinction between Operation Twist and actual Quantitative Easing.......
In Operation Twist, they sell short-term bonds to buy long-term ones—but in Quantitative Easing, they are buying bonds newly issued by the Treasury.......😉

Following this new round of Quantitative Easing, the Federal Reserve's balance sheet is expected to expand by $1 trillion over the next year.

Now *that* is true Quantitative Easing 3.......and it’s going to drive up commodity prices significantly.......The real question is whether gold will break $1,790/oz immediately—within the next few days—or if it takes a drugi attempt.......

dustyheron5 said:Look, I think you're missing the fundamental distinction between Operation Twist and actual Quantitative Easing.......
In Operation Twist, they sell short-term bonds to buy long-term ones—but in Quantitative Easing, they are buying bonds newly issued by the Treasury.......😉

Following this new round of Quantitative Easing, the Federal Reserve's balance sheet is expected to expand by $1 trillion over the next year.

Now *that* is true Quantitative Easing 3.......and it’s going to drive up commodity prices significantly.......The real question is whether gold will break $1,790/oz immediately—within the next few days—or if it takes a drugi attempt.......

Anthony Evans78, is that you? 🙂
God, it feels like everyone here thinks they're some kind of damn guru, truth-teller, or mind reader. 😍

dustyheron5 said:Look, I think you're missing the fundamental distinction between Operation Twist and actual Quantitative Easing.......
In Operation Twist, they sell short-term bonds to buy long-term ones—but in Quantitative Easing, they are buying bonds newly issued by the Treasury.......😉

Following this new round of Quantitative Easing, the Federal Reserve's balance sheet is expected to expand by $1 trillion over the next year.

Now *that* is true Quantitative Easing 3.......and it’s going to drive up commodity prices significantly.......The real question is whether gold will break $1,790/oz immediately—within the next few days—or if it takes a drugi attempt.......

So, what you're saying is that just because Operation Twist is wrapping up (which is basically neutral for the balance sheet) and they've announced what we might call QE4, that everything automatically starts trending up or down?
That's how I'm reading your take. Correct me if I'm wrong.

From where I'm sitting, all we have is talk—just an announcement. We saw after Quantitative Easing 3 that an announcement can mean absolutely nothing. I'm not saying nothing will happen, I'm just saying I'm waiting for actual moves to be made.

dustyheron5 said:Look, I think you're missing the fundamental distinction between Operation Twist and actual Quantitative Easing.......
In Operation Twist, they sell short-term bonds to buy long-term ones—but in Quantitative Easing, they are buying bonds newly issued by the Treasury.......😉

Following this new round of Quantitative Easing, the Federal Reserve's balance sheet is expected to expand by $1 trillion over the next year.

Now *that* is true Quantitative Easing 3.......and it’s going to drive up commodity prices significantly.......The real question is whether gold will break $1,790/oz immediately—within the next few days—or if it takes a drugi attempt.......

Who actually expects that?

All we've got are vague hints about potential moves based on CPI and unemployment thresholds, which they’ll be watching like hawks. 🤷

vividgull10 said:Anthony Evans78, is that you? 🙂
God, it feels like everyone here thinks they're some kind of damn guru, truth-teller, or mind reader. 😍

So, what you're saying is that just because Operation Twist is wrapping up (which is basically neutral for the balance sheet) and they've announced what we might call QE4, that everything automatically starts trending up or down?
That's how I'm reading your take. Correct me if I'm wrong.

From where I'm sitting, all we have is talk—just an announcement. We saw after Quantitative Easing 3 that an announcement can mean absolutely nothing. I'm not saying nothing will happen, I'm just saying I'm waiting for actual moves to be made.

Your colleague put it pretty clearly, but your issue is just refusing to admit when you're wrong or acting like a troll.
Sometimes both sides 🙂
Besides, if you actually trust the Federal Reserve and their press releases, you're already lost. It doesn't matter what they say; it matters what they do.
I've been saying for years that the Federal Reserve has no choice but to print money. You can call it Quantitative Easing, TARP, Operation Twist... whatever... it's all just printing cash. Honestly, it hasn't even fully hit the economy yet—they're still busy propping up zombie banks—but once they turn off the tap, everyone holding paper assets is going to feel it. 🙂
Anyway, back to Operation Twist. It's over. And you know why? Because there aren't enough short-term US Treasuries left to swap for the long-term ones.
A year ago, it was "discovered" that during the first round of Quantitative Easing—which was officially $800 billion—they quietly dumped an extra $15 trillion on the side to bail out certain banks and firms, not just in the US, but globally.
And all this time, the "market" has been reacting to Federal Reserve statements like it's supply and demand or some other nonsense...
Believing official Federal Reserve and US government data is a joke. Who actually believes inflation is at 2%, unemployment is at 7.7%, and the US economy is recovering?
Bottom line: they'll print until they die.

Anthony Evans78 said:Your colleague put it pretty clearly, but your issue is just refusing to admit when you're wrong or acting like a troll.
Sometimes both sides 🙂
Besides, if you actually trust the Federal Reserve and their press releases, you're already lost. It doesn't matter what they say; it matters what they do.
I've been saying for years that the Federal Reserve has no choice but to print money. You can call it Quantitative Easing, TARP, Operation Twist... whatever... it's all just printing cash. Honestly, it hasn't even fully hit the economy yet—they're still busy propping up zombie banks—but once they turn off the tap, everyone holding paper assets is going to feel it. 🙂
Anyway, back to Operation Twist. It's over. And you know why? Because there aren't enough short-term US Treasuries left to swap for the long-term ones.
A year ago, it was "discovered" that during the first round of Quantitative Easing—which was officially $800 billion—they quietly dumped an extra $15 trillion on the side to bail out certain banks and firms, not just in the US, but globally.
And all this time, the "market" has been reacting to Federal Reserve statements like it's supply and demand or some other nonsense...
Believing official Federal Reserve and US government data is a joke. Who actually believes inflation is at 2%, unemployment is at 7.7%, and the US economy is recovering?
Bottom line: they'll print until they die.

Regarding the bold part: yeah, like I said—we're just waiting to see what actually happens in reality (instead of clinging to religious mantras—whether they're Fedov or yours).

As for the rest: ☕

Ben is sticking to his inflation play. We could easily drift toward the 1870-1880 range by February or March before seeing a correction back down to somewhere around 1760-1780. That’s a climb of "only" $160, but like I mentioned at the start of the year, it’s going to take a good eighteen months to get back to those 1930 levels. This gold bull run that kicked off in May at $1626 needs time to actually gain some serious momentum. As for the miners? They're a different story. They really ought to see a much sharper move during that same window leading up to spring.

Anthony Evans78 said:Your colleague put it pretty clearly, but your issue is just refusing to admit when you're wrong or acting like a troll.
Sometimes both sides 🙂
Besides, if you actually trust the Federal Reserve and their press releases, you're already lost. It doesn't matter what they say; it matters what they do.
I've been saying for years that the Federal Reserve has no choice but to print money. You can call it Quantitative Easing, TARP, Operation Twist... whatever... it's all just printing cash. Honestly, it hasn't even fully hit the economy yet—they're still busy propping up zombie banks—but once they turn off the tap, everyone holding paper assets is going to feel it. 🙂
Anyway, back to Operation Twist. It's over. And you know why? Because there aren't enough short-term US Treasuries left to swap for the long-term ones.
A year ago, it was "discovered" that during the first round of Quantitative Easing—which was officially $800 billion—they quietly dumped an extra $15 trillion on the side to bail out certain banks and firms, not just in the US, but globally.
And all this time, the "market" has been reacting to Federal Reserve statements like it's supply and demand or some other nonsense...
Believing official Federal Reserve and US government data is a joke. Who actually believes inflation is at 2%, unemployment is at 7.7%, and the US economy is recovering?
Bottom line: they'll print until they die.

I think he’s mostly just trolling—honestly, there's very little substance to what he's saying. 😂

Ben admitted quite plainly that it counts as monetization as long as they don't sell those bonds later—or if they just hold onto them indefinitely. So, by his logic, it’s only monetization until the sale happens. But who on earth is going to buy all that massive pile of paper? Gold didn't even flinch at the news.😉
I'll bet my bottom dollar we see a correction by late 2013.
Honestly, quiettrucker12, I'm starting to doubt your forecasts, and I suspect you're starting to doubt them too.😉
Those short-term moves were solid, but now I'm skeptical about hitting $1,900 USD by March. Maybe I'm wrong; we'll see.
With news like this, gold should have jumped at least a few dozen dollars, if not more. This kind of action has to show up in the CPI with at least a couple of percentage points.
None of this changes my conviction, though: over a 5 to 10-year horizon, gold and silver will be more expensive. Significantly more expensive. Everything being done right now, announced in September and continuing today, is eventually going to blow up in their faces. In about 10 years, finally. You can only push a boiling pot so far before it overflows. And with these kinds of moves, the dollar is losing purchasing power—there's no question about it. Sure, the dollar might still hold its own for a year or two, or we might even hit a deflationary shock, but looking at the long term—say, 5 to 10 years—I don't see how the dollar maintains any real purchasing power.

lonehawk5 said:Long gold at $715... man, I'm telling you, this thing is going to fly...
Long silver at $33.44... let's go!

And silver's out too... +8... just a mobile trade. That's all there is to it.

Robert Vaughn10 said:Ben admitted quite plainly that it counts as monetization as long as they don't sell those bonds later—or if they just hold onto them indefinitely. So, by his logic, it’s only monetization until the sale happens. But who on earth is going to buy all that massive pile of paper? Gold didn't even flinch at the news.😉
I'll bet my bottom dollar we see a correction by late 2013.
Honestly, quiettrucker12, I'm starting to doubt your forecasts, and I suspect you're starting to doubt them too.😉
Those short-term moves were solid, but now I'm skeptical about hitting $1,900 USD by March. Maybe I'm wrong; we'll see.
With news like this, gold should have jumped at least a few dozen dollars, if not more. This kind of action has to show up in the CPI with at least a couple of percentage points.
None of this changes my conviction, though: over a 5 to 10-year horizon, gold and silver will be more expensive. Significantly more expensive. Everything being done right now, announced in September and continuing today, is eventually going to blow up in their faces. In about 10 years, finally. You can only push a boiling pot so far before it overflows. And with these kinds of moves, the dollar is losing purchasing power—there's no question about it. Sure, the dollar might still hold its own for a year or two, or we might even hit a deflationary shock, but looking at the long term—say, 5 to 10 years—I don't see how the dollar maintains any real purchasing power.

Why on earth would you think I’d doubt it? What gave you that idea? Come on, you're a rational guy. I called the bottom at 75 WMA and the floor at 1686 in real time—fine, we hit 1685 the next day, whatever. It was a gutsy call considering the FOMC meeting was only a couple of days away. Of course I left a tiny bit of room for error in case Ben Bernanke decided to shake things up.

Robert Vaughn10 said:Ben admitted quite plainly that it counts as monetization as long as they don't sell those bonds later—or if they just hold onto them indefinitely. So, by his logic, it’s only monetization until the sale happens. But who on earth is going to buy all that massive pile of paper? Gold didn't even flinch at the news.😉
I'll bet my bottom dollar we see a correction by late 2013.
Honestly, quiettrucker12, I'm starting to doubt your forecasts, and I suspect you're starting to doubt them too.😉
Those short-term moves were solid, but now I'm skeptical about hitting $1,900 USD by March. Maybe I'm wrong; we'll see.
With news like this, gold should have jumped at least a few dozen dollars, if not more. This kind of action has to show up in the CPI with at least a couple of percentage points.
None of this changes my conviction, though: over a 5 to 10-year horizon, gold and silver will be more expensive. Significantly more expensive. Everything being done right now, announced in September and continuing today, is eventually going to blow up in their faces. In about 10 years, finally. You can only push a boiling pot so far before it overflows. And with these kinds of moves, the dollar is losing purchasing power—there's no question about it. Sure, the dollar might still hold its own for a year or two, or we might even hit a deflationary shock, but looking at the long term—say, 5 to 10 years—I don't see how the dollar maintains any real purchasing power.

1870–1800... if we actually hit those numbers, we aren't just talking about short-term fluctuations anymore. With all due respect, after today's FOMC meeting, there’s zero room left for this "maybe" nonsense. 😉.

Robert Vaughn10 said:Ben admitted quite plainly that it counts as monetization as long as they don't sell those bonds later—or if they just hold onto them indefinitely. So, by his logic, it’s only monetization until the sale happens. But who on earth is going to buy all that massive pile of paper? Gold didn't even flinch at the news.😉
I'll bet my bottom dollar we see a correction by late 2013.
Honestly, quiettrucker12, I'm starting to doubt your forecasts, and I suspect you're starting to doubt them too.😉
Those short-term moves were solid, but now I'm skeptical about hitting $1,900 USD by March. Maybe I'm wrong; we'll see.
With news like this, gold should have jumped at least a few dozen dollars, if not more. This kind of action has to show up in the CPI with at least a couple of percentage points.
None of this changes my conviction, though: over a 5 to 10-year horizon, gold and silver will be more expensive. Significantly more expensive. Everything being done right now, announced in September and continuing today, is eventually going to blow up in their faces. In about 10 years, finally. You can only push a boiling pot so far before it overflows. And with these kinds of moves, the dollar is losing purchasing power—there's no question about it. Sure, the dollar might still hold its own for a year or two, or we might even hit a deflationary shock, but looking at the long term—say, 5 to 10 years—I don't see how the dollar maintains any real purchasing power.

That logic just doesn't hold up. Markets aren't rational—they never have been. I can't believe that with news like this, you're still seeing this much skepticism on the forum, and now I'm seeing it from you too. It takes time for the moving averages to actually trend upward. We need to see at least the 10-day moving average shift before we talk.

----------------------------

I’m not even going to bother writing a whole new post. Honestly, I couldn't care less where gold heads over the next few days. If it dips a bit, it’s going to hit some serious resistance at the 100 DMA—it's sitting at 1705 right now, but the trend is up. There's a huge chance we'll see it testing that level pretty soon.

The 100-day moving average.

And now we’re looking at 75 bps. I really hope we don't have to put that theory to the test before February or March, but hey, anything can happen.

75-week price average.

quiettrucker12, you have my support... anyone who hasn't attempted projections or forecasts in a market this volatile knows just how thankless the job can be.

Personally, I tip my hat to your estimates—both the short-term and long-term views... you deserve every bit of credit for what you bring to this discussion.🙏

The situation is far more complex than it looks on the surface. To be blunt, the fiscal cliff is almost certainly going to act as a deflationary force—and this announcement regarding QE is essentially an attempt to neutralize that deflationary pressure from the fiscal cliff and those shaky global economic trends. It isn't easy to predict exactly how the market will react to all of this... Mr. Market always gets the final say.

By the way, we also need to factor the debt ceiling increase into the equation.

My own take? I think this decision is incredibly bullish for metals, but we'll just have to wait and see.

Do you mind if I take a moment to brag just once? 😁

dustyheron5 said:quiettrucker12, you have my support... anyone who hasn't attempted projections or forecasts in a market this volatile knows just how thankless the job can be.

Personally, I tip my hat to your estimates—both the short-term and long-term views... you deserve every bit of credit for what you bring to this discussion.🙏

The situation is far more complex than it looks on the surface. To be blunt, the fiscal cliff is almost certainly going to act as a deflationary force—and this announcement regarding QE is essentially an attempt to neutralize that deflationary pressure from the fiscal cliff and those shaky global economic trends. It isn't easy to predict exactly how the market will react to all of this... Mr. Market always gets the final say.

By the way, we also need to factor the debt ceiling increase into the equation.

My own take? I think this decision is incredibly bullish for metals, but we'll just have to wait and see.

Of course it is. I don't get why everyone is acting "disappointed" when we actually got exactly what we wanted—I'd go further and say we got a trillion bucks a year. 🙄

Anyway, the focus shifts to the stock market now (looks like we closed just under 1430 today); technically speaking, it needs a correction over the next few days. Gold will likely have to sit on its hands for a bit too, but those are just technicalities.

As for the support levels, they look fine. But I honestly don't get why I've suddenly become "interesting" to some people in this group out of nowhere... I post my thoughts, others post theirs, it’s all good. It's not like anyone took offense because of ZeroHedge and Jerry Falwell a few days ago. Karl was the one under fire then, so maybe times are just changing.

Long gold at $701.40... I'm still staying mobile on this one.

vividgull10 said:Regarding the bold part: yeah, like I said—we're just waiting to see what actually happens in reality (instead of clinging to religious mantras—whether they're Fedov or yours).

As for the rest: ☕

It seems like you're struggling to think past whatever narrative is being spoon-fed to you.
I bet you were one of those people back in 2005 who thought the housing bubble would never burst.
Or maybe in 2003, you thought mutual funds would just climb forever.
Perhaps you even think spring will never come again. Why? Is the winter and ice around us so intense that you think this is all there is?

It looks like Larry Ellison has weighed in—he even paused his regular ink stream just to give us his take on this mess...😂

For those who skip everything except the headlines (which I've left out 😍), let me be clear: the pessimistic forecast puts gold at $5,000 per ounce. If you don't have the stomach for those numbers, look elsewhere. 🤣 😁

Scenario No 1: [LEAST LIKELY]
The current wave of negative economic data subsides... the stock market's recent rally holds steady... concerns regarding a double-dip recession fade away... and the American economy begins a genuine recovery.

Everything seems fine. Even in Europe.

The Federal Reserve's attempts to stabilize the American economy and the financial system actually work.

So, what follows this—admittedly unlikely—path?

• The credit squeeze hitting homeowners and businesses begins to loosen...

• Banks resume lending... credit starts flowing through the pipes again... government tax revenues rise... and the sovereign-debt crisis loses its teeth...

• And the trillions of paper dollars the Federal Reserve has created begin to work their way through the economy.

Within a year or so, standard credit creation is back in full swing. Our fractional reserve banking system kicks in, multiplying that lending once more—up to $9 for every single new dollar printed by the Federal Reserve.

We end up with as much as $20 trillion in heavily diluted money flooding the American economy. That is more than double the country's current GDP.

And since this is money that essentially shouldn't exist—mere monopoly money conjured up by the Federal Reserve—we can all guess the outcome.

Inflation will skyrocket. And regardless of how aggressively the Federal Reserve tries to pivot its policies to curb the heat, prices for nearly everything will surge. Sharply.

Naturally, gold performs exceptionally well in this situation. How well? I'll get to that shortly. First, consider...

Scenario No 2 [MOST LIKELY]:
The relentless stream of bad economic news persists... the American economy shifts from bad to worse... Europe goes into meltdown mode...

And it becomes painfully obvious that the rescue missions launched by the American and European governments, along with their central banks, have completely flopped.

Both here and in Europe, the reality sets in: governments are broke. We are looking at a full-blown depression.

The Fed and the ECB pump even more trillions into their respective economies. It changes nothing.

What is the result here? The euro and the U.S. dollar will simply race one another to the bottom of a pile of failed paper currencies.

Both currencies will suffer a massive loss in purchasing power... dragging the entire Western world down into a deep, inflationary depression.

The global monetary system will be effectively gutted, collapsing under a mountain of debt that can never be serviced.

The Bottom Line for Gold...

In Scenario No 1, I expect gold to hit my minimum target of $5,000 an ounce without much trouble. There is no question there.

But in Scenario No 2, gold could easily blow past $5,000. At that point, predicting the ceiling is nearly impossible. $7,000? $8,000? Maybe even north of $10,000?

It is difficult to call. However, I know this: if the Fed chose to monetize the nation's 261.498 million troy ounces of gold reserves against the current national debt of $16.375 trillion...

Then we would be looking at gold at $62,237.56.

And if they went even further—monetizing, say, just 10% of the country's total debt and obligations, which is roughly $22 trillion—you could be staring at gold priced at $84,130.66.

Do I expect gold to hit either of those specific targets? Not quite.

However, this exercise demonstrates a fundamental truth—no matter which angle you take, gold is trending upward, and significantly so. A price of $5,000 per ounce might actually turn out to be a rather modest estimate.

Therefore, gold needs to be your primary insurance policy moving forward. Keep that in mind.

Regardless of your strategy, cling to your gold holdings—otherwise, you'll regret the oversight. If you aren't currently holding any, prepare to start loading up.

To be clear, I maintained a bullish stance on gold from 2000 until it peaked at $1,925 in 2011. Following that peak, I predicted a correction—one that played out exactly as anticipated.

While we might see some additional downward movement in the short term, the window for this correction is closing fast. It won't be long before I issue my first significant buy signal for gold since the year 2000.

quiettrucker12 said:Of course it is. I don't get why everyone is acting "disappointed" when we actually got exactly what we wanted—I'd go further and say we got a trillion bucks a year. 🙄

Anyway, the focus shifts to the stock market now (looks like we closed just under 1430 today); technically speaking, it needs a correction over the next few days. Gold will likely have to sit on its hands for a bit too, but those are just technicalities.

As for the support levels, they look fine. But I honestly don't get why I've suddenly become "interesting" to some people in this group out of nowhere... I post my thoughts, others post theirs, it’s all good. It's not like anyone took offense because of ZeroHedge and Jerry Falwell a few days ago. Karl was the one under fire then, so maybe times are just changing.

I have no idea who these disappointed people are 🤷 I certainly am not one of them. To be honest, I was expecting QE3 (though Rubin claims this is already QE5 😍), given how problematic the global economy is right now—most of the world is either in a recession or staring down the barrel of one...
Realistically, we expected Ben to intervene, and he did. On the other hand, the article published by Goldman Sachs feels—in my view—like an attempt to suppress gold prices; every rise in gold further erodes confidence in fiat currencies, and I expect a significant fight there.

As for support, I don't just back you and lonehawk5, but everyone else should feel free to share their own perspectives... and despite your negative stance, I still read ZeroHedge. 😂

Tyler stopped following the market long ago because he's completely lost it and is just messing around... look at his phrasing: "we are all pretending to be surprised by the Federal Reserve intervention..." 😂

Latest from Bill Gates:
Gold’s already dropped over $22 since the CME close tonight—just a total bloodbath—and silver? Silver actually managed to break out, only to get slapped back down nearly a dollar. Typical.
Looking at things from a short-term technical standpoint—it’s pretty clear that the lack of any real upward momentum from the GATA just confirms what the folks over at JPMorgan have been preaching all along.
Man, silver—and gold too, for that matter—just got kicked up to a whole new level in what feels like a heartbeat. Seriously, the volatility is insane right now. The only significant news since the CME close was the Federal Reserve...
So, the Federal Reserve just dropped that announcement basically promising to stick with QE for as long as it takes. I mean, seriously—what more could you possibly ask for? It’s about as bullish as it gets. Honestly, it’s almost ridiculous.

But let's be real—anyone living in the GATA universe knows the score: Black is White and White is Black.
It’s black. Honestly, the better the news looks, the more disgusting the manipulation gets.
The Gold Cartel keeps leaning on gold, especially during those stretches when most of the major players are looking the other way. It's pretty blatant once you start paying attention—they push hard to keep prices suppressed whenever they can catch the market napping.
The big players across the West are basically sleepwalking through this.

I'm not even going to waste my breath beating this to death—what an absolute slimeball.
It’s an operation. You guys already know how this works—you know the deal. But to actually get...
...straight to the core of the whole conspiracy—which is honestly just everywhere these days.
the way American business is conducted these days)—my colleague...
Jerome Powell and RM published—based on that IMF report they dug up—
Back in the day—specifically looking at that IMF report in March of 1999—we really start to see the "what" behind all this gold price suppression.
It’s all just one big scheme. Honestly, it's exactly what GATA has been sounding the alarm on for fourteen years straight. There's just no way around it.
Even outside of Lawrence Williams at Mineweb, there’s someone actually making noise in the press about this.
Lawrence Williams at Mineweb has even acknowledged the discovery and its importance.
It’s honestly beyond pathetic. Truly.

Two of the recent themes in my commentary the last number of weeks have been about the increasing intensity and obvious nature of the Gold Cartel attacks—and honestly, it’s getting hard to ignore.
Two of the recent themes in my commentary the last number of weeks have been about the increasing intensity and obvious nature of the Gold Cartel attacks.
Two of the recent themes in my commentary the last number of weeks have been about the increasing intensity and obvious nature of the Gold Cartel attacks. They aren't even trying to hide it anymore—it’s just blatant attempts to depress the price.
Look, let's talk about the gold price. It’s getting wild out there—we've moved past those slow, agonizing weeks where nothing seemed to happen, and now we're seeing massive moves happening in just a matter of hours. It’s all moving way faster than it used to.
Look, I’ve seen some shady stuff in my time, but this? This is just straight-up revolting. We’re talking beyond over the top—it’s actually nauseating. Honestly, it's getting ridiculous at this point.
Face selling. Seriously, what they’re pulling tonight is just straight-up over the top.
And honestly? It’s getting way too much—it’s just cranking up the volume on everything, especially when you look at how intense things are becoming.
It’s all happening—straight up max selling hours now.

you have to wonder if the bully cowards of the Gold Cartel are not, in part...
you have to wonder if the bully cowards of the Gold Cartel are not, in part, reacting to the minimal attention my...
My buddy Jerome Powell just dropped this latest dispatch over at the forum...
Check out the GATA website—I actually mentioned them in my latest column too.

[GATA] Secret IMF report: Hiding gold loans and swaps
Let’s be real—we all know what’s actually happening out there. It’s not some organic, free-flowing market driven by supply and demand like the textbooks claim. It’s pure, unadulterated manipulation. You watch the charts, you see those suspicious spikes and sudden drops that defy any actual logic, and you realize the game is rigged from the jump. It’s just the big players pulling strings behind the curtain to shake out the retail crowd. They want your liquidity, plain and simple. Honestly, it’s exhausting watching the same patterns repeat while everyone pretends everything is perfectly normal. Total joke.

Posted by cpowell at 8:53 PM ET et Monday, December 10, 2012. Section: Daily Dispatches
11:58p ET et Monday, December 10, 2012

***

And then there’s this latest bombshell that dropped today—something that finally managed to get some actual traction...
I caught some exposure with Eric King this afternoon regarding his growing concerns...
I don't know what to tell you... some popular website... just one of those things that everyone seems to be obsessing over lately. It’s all just noise, really.

Gold Evidence Panics western Central Banks

Check out the latest updates over at Daily Dispatches.
Gold Evidence Panics western Central Banks
Gold Evidence Panics western Central Banks

***

Alright, so that’s the gist of the situation. But honestly, the real kicker is...
One thing you’ve always got to keep in the back of your mind—and I can't stress this enough—is that the GATA crowd KNOWS the real deal.
It's all a done deal. You’ve got the establishment, the inner circle, those big-money banking types—they’re all in on it.
They’re just out there doing what they do best—being absolute bottom-feeders. Honestly, they're nothing but low-lifes in our society.
It really just comes down to having a basic sense of what’s right. At the end of the day—bottom line—so many of these guys...
A few self-serving dorks out there probably convinced themselves they’re actually being patriotic.
What a joke. We got played, plain and simple. That’s just how the game works, I guess—everyone gets conned while the big players laugh all the way to the bank. But, since there isn't any...
Honestly, everyone’s just walking on eggshells right now—there’s this massive fear of blowback because there is absolutely no financial rule of law in America when it comes to the rich and powerful.
It’s just the same old story, isn't it? There is absolutely no financial rule of law in America when it comes to the rich and powerful. It’s like the game is rigged from the jump—if you've got enough zeros in your bank account, the rules simply stop applying to you. It’s frustrating to watch, but honestly, I'm not even surprised anymore.
They're powerful—they do what they want. Period.

Let's be real—there’s no such thing as a free press in the USA, there are no truly free markets, and...
There’s just no financial rule of law in America when it comes to the rich and powerful. Honestly, how can anyone expect things to be any different? It's the same old story—the big players call the shots, and the rules don't seem to apply once you hit a certain net worth. It's pretty much a rigged game.
Is this really what we're looking at? After spending our entire lives going toe-to-toe with the Communists over these exact same issues for decades... can you believe it? It actually is. It's happening.

These little cockroaches act the way they do simply because they feel untouchable.
They're sitting there all privileged and acting like they’re totally above the law—at least for the time being.
But honestly, looking ahead at the next few years, these invincible cockroaches...
They’re gonna be gasping for air—totally sucking wind—once the gold starts moving and...
Once the silver markets absolutely blow up, they won't have any choice—they'll be forced to step out into the light.
Coming out from under their rocks.

Oh, you can bet your life on that one! Just buy every single dip. If there was ever a time to...
It’s high time you guys start doing your homework—seriously, sit down and figure out exactly why massive fortunes are about to be made.
If you want to strike it rich in the precious metals market, this is the moment! Those
among you who actually see the big picture—and stick to the plan—are going to rake in
serious money... specifically within the gold and silver equity
space.

And don't forget that other point I keep making: silver is absolutely primed to explode.
Seriously, nothing has changed on that front!

Do you think placidlynx43 will actually take this seriously? 🙂