In this Critical Market Update, the Silver Admiral Eric Sprott discusses the big recent decline in metals prices caused by recent concerns of an imminent Fed rate hike.
Can The Fed stop a “Totally Crazy” Bull Market?
While days like today may be painful to watch, the truth is that since the Fed began bashing gold with rate-hike drivel starting last Monday, the S&P 500 has not moved higher despite days like today which make it feel like the stock market is poised to hit an all-time high.
When the Fed pushes down the price of gold with paper during NY Comex floor-trading hours, take advantage of it by buying some physical gold or silver.
THE CENTRAL BANK OF JAPAN THROWS A TRIAL BALLOON THAT THEY ARE READY TO TAKE HUGE LOSSES ON THEIR BONDS ONCE THEY STOP QE: A HUGE STORY!
In the STUNNING report below, gold expert Paul Mylchreest calculates that the “float” of physical gold in London (excluding gold owned by ETFs and central banks) has recently declined to +/- ZERO…
Technical analyst Jack Chan shows why Friday’s COT data was so shocking and what it means for gold:
Too be sure, the banks – under the direction of the Fed under the direction of the BIS – are getting geared up to take another run at taking down the price of gold and silver.
Will the bullion banks be able to pull it off yet again?
Victory is nigh, friends. Here I STAND! As silver prepares to cross the 18 dollar mark, I declare that the days of metal crushing/stomach churning/call option-destroying are over!
And 5 years after May 1st 2011, I say without hesitancy: SILVER STACKERS on the 5TH YEAR LOOK TO THE EAST (SGE)…. IT IS ON!!!!
With the genie now out of the bottle, many of the institutions involved in price manipulation and suppression appear to have backed off for fear of multi-billion dollar class action lawsuits from investors. The direct result, as we have seen just in the last couple of weeks, has been upward price movement in gold and silver.
I think this has signified the start of a new bull market…