It Happened.  The banksters mauled gold & silver again on options expiry & the FOMC.
Let me ask you a question: Do you believe that Scotia bank and JP Morgan, etc piled their shorts up all the way up to the tippy-top of the moon, til all commercial shorts extended beyond 310 million ounces…….
Just to stop at $16.80?  Cuz’ I don’t.
I’m going to say this right now: We could easily see paper silver mauled to the tune or 4 or 5 bucks.  It could happen, easily!
We could, easily, revisit the lows in $14!  They could break the low of $14!
I’m not saying this will happen, I’m saying, historically speaking, looking at the COT data, it could, and we should be mentally ready for it.
You’re thinking: “That’s impossible, $14 is too strong a price support!”
Riiiight, just like $32 was….And $26….And $22…..And $20….And $18….And $16….

silver crash

The bankers for the past several years have raided gold and silver at the conclusion of every month.  Four days prior to the end of the month we have the options expiry on the COMEX.
On the last day of the month we have the OTC options expiry where hedge funds buy options from the bankers on the OTC market.  Why on earth investors day in and day out buy options on the precious metals is beyond me.
These guys are mega crooks.  In gold they wanted to have all 1260 dollar call  options and above go worthless.  In silver it was all calls between $16.75 and $18.00. They were successful as they pocketed all of the premiums.  This is how the banks make money.
The Fed keeps the rates at zero and provides loans to these bums at 0% so that they can execute these trades against us.

Swiss bank

If any country knows about the flow of gold it is Switzerland. They are the refining hub.
Did the SNB look at the data and realize that the physical offtake was reaching levels where it could no longer be ignored?
In my humble opinion the SNB was short gold and they needed to cover-  AND COVER THEY DID. 

silver raid

Yesterday we had gold and silver higher but the gold/silver equity shares were much lower.
It sure looked like the boys were going to raid PMs today.  However FEAR spread throughout the globe with oil crashing in Europe along with the price of copper.  Then once NY started to trade, we were greeted with news of awful retail sales (remember that the consumer is 70% of GDP) coupled with horrible earnings report from JPMorgan.  The housing sector continues to act in disarray.  This sent the Dow futures down dramatically. However  gold and silver started to rise on those fears.  The bankers had their work cut out for them, trying to cool the prices for our precious metals.
Judging by what they did late in the comex session and in the access market, one can expect another raid attempt tomorrow.

Let’s head immediately to see the major data points for today:

gold bull
Play

David Morgan, Alasdair Macleod, & Bill Murphy join The Doc & Eric Dubin this week for a special Precious Metals Round Table edition of Metals & Markets, discussing: 

  • Is JPMorgan sourcing silver by the warehouseload- directly from the miners via financing global miners’ refining? 
  • Dhragonomics: ECB only 1 step behind Japan- paper fiat currencies on way to collapse in 2015
  • David Morgan: Fundamentals reflect $4800 current value in gold- physical shortage may develop in 2015-2016, resulting in a MASSIVE MANIC/PANIC stampede into metals & mining shares- something could lite a match to the gasoline filled warehouse of this market tomorrow!
  • Alasdair Macleod: Dollar strength distorting the picture- Gold has doubled vs Ruble in past year, all hell is breaking loose across the currency markets- 2015 will be the year for gold
  • Why the short sellers CANNOT be taken down by standing for delivery- is the entire game RIGGED?
  • Bill Murphy: Gold and silver may just Go Bonkers in 2015!  When this blows, we will have the MOST HISTORIC MOVE IN HISTORY

You won’t want to miss the Power Packed Special Edition of Metals & Markets With David Morgan, Alasdair Macleod, & Bill Murphy breaking down whats in store for gold and silver in 2015 and beyond:

smash

Another thinly traded semi-holiday, another MASSIVE gold and silver cartel raid!
It seems that the entire world knew that the bankers were going to raid gold and silver!
The bankers lowered the price of gold below 1200 dollars, which would give it a losing year for 2o14:

Chris Powell

The CME Group’s most recent 10-K filing with the U.S. Securities and Exchange Commission (SEC) lists its customers. Included in that list are governments and central banks.   This is really a sensational development.
Nobody can trade against central banks, they create infinite money.   If central banks are secretly trading in the futures markets, there are no markets. 

banksters fight

Gold, while being the source of the banksters’ power, must be “given away”, in order to maintain their power!
The greatest source of their strength, must be sold onto the open market.  That is because the gold price suppression scheme has only been hugely successful to this point, by dumping the gold they already owned onto the market.  They must do so, because they must create the illusion that there is a vast glut of gold in the world, and thereby convince the nations that their own debt-based, fiat currencies are actually the place of strength!
People have been led to believe they can trust the Dragon and its currencies of lies, of slavery, and of death, because the bankers have cast this great shadow upon the truthful monies we’ve been given.
Of course, nothing could be further from the truth, but it has always prospered due to the lack of truth.  It is a perpetual lie,which is now in the process of being blown into a billion pieces, because now we all know what they’ve done!
Now is the time to strike at the heart of the Beast!  

Putin ammo shortage
Play

Gold & currency expert Alasdair Macleod joined The Doc & Eric Dubin this week for an EXPLOSIVE show discussing: 

  • End game to Russian Ruble collapse: Putin may take the Ruble onto the GOLD STANDARD- if Russia detonates this Nuclear Financial Weapon, the West is DEAD! 
  • Macleod: ABSOLUTELY NO GOLD STOCK IN THE MARKET SUB $1200!
  • Did the US/Saudi Arabia plan the oil crash to collapse Russia & the Ruble? -Putin’s counter-move could result in an EPIC BACKFIRE for the West
  • Is a Global currency crisis is in the making!?!
  • Alasdair provides his outlook on gold & silver, and explains why 2015 is likely to be an EXPLOSIVE YEAR for the metals after a prolonged consolidation- but PM investors won’t like what comes along with MASSIVELY HIGHER gold & silver prices! 

The MUST LISTEN Metals & Markets With special guest Alasdair Macleod is below: 

silver dragon

The Rise of the Dragon

From the LIBOR Scandal, to silver and gold-market rigging, to currency rigging, if you want to find the culprits behind every scandal, every crime, then look no further than the elite families (like the Rothschilds) who have, within its borders, comfortably run every dastardly con and wicked scheme imaginable. They’ve been able to do so, because here, in his “Square Mile” cave, this corporate/banking Dragon safely rests beyond the reach of parliament in Westminster, and beyond the reach of any governing body in existence.
The head of the Hydra, in this den of dragons, is the Bank of England itself, the darkest force behind the con, behind the rigging, behind the schemes, behind the wars, and ultimately behind the British invasion of 9 out of 10 countries on earth, over its existence.

smash

It has been our increased awareness in seeing the changes of media and their attacks on everything Precious Metals,  that has made our determinations stronger.   We have proven over and over again,  and for years now,  that there is direct and intentional manipulations in Silver and Gold by the entire central banking system as well as the governments they support,  to bury the prices of precious metals to keep people from seeing the problems inherent within the fiat system we live in today.
The cartel has released their latest Hit Piece on gold and silver:

Jamie Dimon

As of Sunday night, December 21 – effective for Monday, December 22 – the Comex is implementing “Price Fluctuation Limit Rules”.
The “price fluctuation limits” kick in for $100 moves in gold and $3 moves in silver.
The question I have is, why now?
Why not in April 2011 after silver was dismantled in price and went into free-fall?
Why not in September 2011 when gold started to go into free-fall?

Just what exactly, are the banksters scared stiff of at the bottom of the market? 

silver smash

The banksters obliterated gold and silver today as Russia announced an emergency rate hike of 650 basis points, raising rates on the Ruble from 10.5% to 17%, sending the USD plunging vs the RUB! 
Let’s head immediately to see the major data points for today: