At 4:01 AM EST, a paper gold nuclear bomb was detonated in the Comex Globex computer system.  This isn’t some trader’s “fat finger” accidentally overloading the sell button and pressing “sell.”
This is unadulterated BIS/ECB/BoE/Fed sponsored market intervention.
Here’s the reason that today was selected by the BIS et al to attack gold in the paper market in an effort to scare the crap out of the market:

We are officially in the first innings of a 2017 gold rush, as gold demand threatens to outstrip supply for the first time in decades…

Legendary investor Jim Rogers say the coming crash will rival anything he has seen in his lifetime.
Later this year or next …. write it down…”

BANKERS SUPPLY $2 BILLION IN PAPER GOLD SHORT AT 4 AM THIS MORNING; THEY ALSO SUPPLY 27.5 MILLION OZ OF SILVER SHORT IN ORDER TO RAID PRIOR TO OPTIONS EXPIRY AT THE COMEX

As the United States continues to push towards a military conflict with Russia, there will likely be no real winner when the dust settles.  However, if we compare the these two superpowers in the current “gold market”, the Russians are the clear winners:

David EinhornAre Billionaires REALLY Buying Gold Bullion Hand Over First? 

Predictably, after the gold price has been pushed down in the paper market by the western Central Banks – primarily the Federal Reserve – negative propaganda to outright fake news proliferates.
Gold’s luck has run out” the MSM informs us…

vatican-popeIn Part 3, We Investigate Just Who Changed the Sabbath to Sunday – and Does Resting on Sunday REALLY Honor the Day of Jesus’ Resurrection?
The answer may SHOCK YOU…

Doldrums term is very apt for gold’s summer predicament.  It describes a zone in the world’s oceans surrounding the equator.  There hot air is constantly rising, creating long-lived low-pressure areas.  They are often calm, with little or no prevailing winds.  History is full of accounts of sailing ships getting trapped in this zone for days or even weeks, unable to make any headway.  The doldrums were murder on ships’ morale.

“I’ve Never Sold An Ounce Of Gold Or Silver!”
You Might Be Downcast Regarding the Recent Price Action in Gold and Silver, But Billionaire Metals Aficionado Eric Sprott Isn’t: 

The governments are allowing the actions to occur in order to justify Draconian measures that will be implemented for the greatest reason of all: to protect the citizen…from himself.

“In reality, there is nothing surprising in Matt Taibbi’s latest piece since returning to Rolling Stone from the Intercept, as it tells a story everyone is by now is all too familiar with: a former bank employee (in this case Alayne Fleischmann) who was a worker in a bank’s (in this case JPM) mortgage operations group, where she observed and engaged in what she describes as “massive criminal securities fraud” and who was fired after trying to bring the attention of those above her to said “criminal” activity.
The story doesn’t end there…