Eventually the QE intervention will fail – it always fails and history has confirmed this fact ad nauseum. When that failure occurs, and I believe that point of failure is closer than most are willing to accept, there will be an asset crash of Biblical proportions.

SD has been covering the ongoing slump in US Mint sales for some time now, but, it’s not just the metals.  Our friend Dave Kranzler writes “This has been the worst existing home sales season…since 2011.” Now that year strikes a nerve with Silverbugs, but Dave’s breakdown of the latest Existing Home Sales report reminds us that right now, EVERYTHING is in a slump.

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Fund Manager Dave Kranzler Fills In For Eric This Week, Breaking Down the Latest Metals Raid:

  • Smells Like 2008 All Over Again: The Manipulation is Almost Frantic, Feels Like the Action in 2008 Right Before the Collapse
  • Fat Finger Waterfall Cliff Dive – AKA The Cable Broke on the Mine Shaft
  • If the Fed Raised Rates to Historic Norms, We’d Been in a Depression That Looked Like the Black Plague! 
  • Kranzler Reveals Why “This Tells Me We’re At A Bottom in the Metals”…

In 2008, Gold & Silver Initially Puked Along With the Market Before Skyrocketing to $50 and $1900. 
How Will the Metals Perform During the REAL Financial Crisis On the Horizon?

Fund Manager Dave Kranzler Joins the Show & Explains Why

  • The Battle in Gold is Over $1300
  • There’s Never Been A “Fat Finger” Gold Smash to the UPSIDE
  • The Bond Market’s Telling the Truth – Something’s Gonna Crack! 
  • The Trading Action in Gold & Silver is Alot More Interesting Than it Looks…

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:

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…

Similar to the Fed’s price-management of oil, the Fed has been keeping gold pinned under $1300 since early November in an effort to prevent a rising price of gold from undermining the dollar’s reserves status and signalling the escalating economic and financial distress in the U.S.