freefall

The latest COT reveals the commercials very involved in this latest price crash.
In gold, we see speculators packing on 16,790 shorts and a huge short covering by the commercial.  That’s some 2.14 Billion in additional shorts by the speculators!
The latest cartel raid continues the long depression in precious metals as gold and silver are still going down, down, down, South of the Border!
It may take a little longer but a price rebound is coming which will bring interest in precious metals into focus again as they need to keep up this façade of a real market for another year into 2015.75.

Blythe Masters Jamie Dimon

In gold, we see MASSIVE new short positions have been taken by the large speculators and this plays right into the hands of the commercials for a soon to come price rebound.
These large specs added 12,983 new short contracts while their stops were tripped on the long side to the tune of 11,824 long contracts snuffed out of existence.  As absolute proof that this latest price raid was an operation by the commercials, we see them covering -19,058 short contracts or almost 2 MILLION short ounces with a street value of almost $2.5 BILLION dollars into the latest smash!
When physical is this cheap you should be BUYING.

launch rocket vertical

Silver and gold prices continue to deteriorate as the speculators continue to buy up shorts and the commercials were able to wrest all higher priced longs from them in short covering, depressive episodes which, repeated in nature, have convinced the speculators prices are going much further South, and soon.
The important thing for the powers that be to do now is to reinforce the negative thinking on the part of speculators and anyone with interest in physical metal as they want it all for their one world currency backing, and they want it at low prices.
When prices do go below $17 we are going to begin to see foreign governments coughing up physical into the market as they will embrace all things paper and the promise of far greater returns on investment and protection from inflation for their people while watching the DOW eclipse 18,000, then 19,000 then…20,000.
If you believe Martin Armstrong, we will see DOW in the high 20,000s maybe even break 30,000.
All will seem well in the world of paper until merely days before the planned economic collapse of the world’s derivatives and bonds, and lastly all currencies.

JP MorganBoth houses of manipulation viciously attacked both gold and silver on Friday.
Guess why price went down after the COT Week?  It’s called “A Time To Kill” speculator’s positions right before price is allowed to go up…
This is too simple, it is an orchestrated massacre and played out with the greatest of mathematical minds who have programmed their trading and HFT-ing to loot speculators at their every turn because speculators,(at least the paper playing speculators) are like sheep led to the slaughter since they cannot coordinate between themselves to take positions and stick with them that would stop this madness.
The Commercial’s goal is to rape, pillage, and sack as much speculator wealth as they can prior to the planned worldwide economic crash of 2015 that destroys all the world’s currencies.

collapseGold & silver’s charts look wildly different now and that is extremely rare.   Something is about to happen.
A global  economic crash is coming in 2015.   It is well planned unlike the almost disaster event in 2008
Right before the crash, precious metals will drop to great depths as the banks take everything from the speculators, & flip to long positions as silver and gold skyrocket while chilling fear spreads around the globe and trillions of dollars come rushing into precious metals to find a home. 
Those who stack the metals will become wealthy and those who trust in man and man’s paper game will lose everything they have.

muppetsIn silver, we see the paper longs of the large speculators taking a nose dive along with price.
In particular, notice the absence of an apparent Short Covering Depression that usually precedes a price crash.  If this price chart were a vital signs monitor, I would say the patient is about to die but that is not the case.   The Bullion Banks merely want to reemphasize it is their game and no one else’s and to join them or die fighting them.
The 1,538 longs picked up by the commercials at about $20.48 may signify a desired bottom and not be for the purpose of making money by price going above that number but sort of a reign on the horse to prevent it from going too low as they do not want to let things get out of their control.  With the markets tanking the lack of a metals rally indicates players going to cash to ride out the storm.
In gold, we see more pronounced price lines and the numbers reveal there was indeed a Short Covering Depression by the gold Bullion Banks.  We see the incongruence of the gold and silver majors and note this past COT period was a marked attack on gold with no interest by the silver majors who just sit idly by and reap the benefits delivered by the gold brothers in crime.

collapseManipulation is KING in the future’s casinos and only those who understand how they do what they do will profit right along with them…
Will there be a rebound from the recent manipulative take-down?

Quite possibly, but it is only going to be a short term rebound as the Precious Metals DEPRESSION IS the goal of the bullion banks and their minions heading into 2015 so all precious metals investors everywhere will lose their confidence in the metals and other hard assets, invest in paper stocks, and then be raped when the world wide economic collapse that I believe is coming takes place in the Fall of 2015.

I have been saying for a while now that worldwide economic collapse is soon to come to a country near you, a state near you, a city near you, and right up to your doorstep.
In all the financial world, no other than one Martin Armstrong gets it right.  The same Armstrong who analyses all data everywhere, all sectors, all history, throws it all into a computer data model and out pops the date/timeframe of 2015.75 – end of the 3rd Quarter, 2015.
This is a planned crash, folks.  Not a mere accident waiting to happen but a planned crash.  It will be done to subjugate the entire world into one economic system with full power given out by a dictator who knows best how to rule (in his eyes) the people and make slaves the whole world over…
I highly recommend the liquidation of all paper investments and that includes stocks, mutual funds, all retirement vehicles, etc and hold your dry powder for when silver dips below $19 again this Fall/Winter.
It is going to happen and when it goes below $19 I say buy, buy, buy physical and hold it.

We are going to get a gold standard probably in 2016 after the world wide economic crash of 2015.
But, between the crash of late 2015 and the implementation of the gold standard, there is going to be civil disobedience on a scale never before seen in the history of man.
The preppers are going to get the thing they have feared most and have been preparing for many decades.

launch rocket verticalYou are literally going to see gold and silver skyrocket well past the Moon and other planets and could go as high as some nearby galaxies next year in 2015 as the “crash of biblical proportions” comes to pass.  
All the trillions of dollars in fake fiat paper money around the world will rush to buy the physical metal and ALL of it will be GONE in gone single hour, all around the world.
The worldwide physical silver and gold market is very very VERY TINY.   Once the signs of worldwide economic collapse become apparent, just hours before the crash that devastates ALL the economies of the world IN ONE SINGLE HOUR as the derivatives domino game comes crashing to a halt and massive fear instantly spreads around the world, all the fiat paper money will seek hard assets as a safe haven for maintaining their value.
The precious metals dealers will literally shut down their phone lines, and trillions of dollars in paper fiat capital is going to roar into the precious metals paper fiat fiasco better known as the New York Commodities Exchange and other fiat futures casinos around the world.
It will be an explosion or SHOT heard round the world as everybody throws whatever cash they have into this completely imagined safe haven, which is not a safe haven at all but a casino of order of magnitude in the hundreds of paper futures above a tiny amount of real metal in COMEX warehouses.
What levels could gold & silver achieve in a derivatives contagion?  Valuations so shocking Jim Sinclair’s price forecasts are bearish!

willieWhat I see coming in 2015 is the final and greatest economic crash in human history which will devastate all the world economies and brings in a sort of one world government that rules with an iron fist.  
The Western public will likely cheer it on because after a few weeks and months of nearly devastating consequences, the world’s economies will be restored to a solid operating basis with hard assets as the underlying “good faith” once again just like various countries throughout history have had and used successfully.
This time however, it will be all the countries of the world who will participate in the new monetary system based on their possession of hard assets.   A world wide governing board of “economic kings” will be set up to rule and make decisions for all of us and their decisions will be final for international trade. 
Will some countries rebel?   Those who have little hard assets will be hard pressed into a slave mentality to those countries with the hard assets AND MILITARY POWER to both back up their dictatorial ways and force the poorer countries of  the world to do as they say and also make them believe it is for their own good.
The Greatest Economic Crash & financial system upheaval in human history looms.  
Got PHYZZ??

swingWhat just happened to the metals’ price? 
It went up and absolutely killed those speculator shorts that I talked about last week.   
But GUESS what the commercials did as price went HIGH?
You got it, my faithful readers, THOSE COMMERCIALS picked up 11,890 short positions at higher prices. 
Guess what is about to GO DOWN? 
Silver price. 
As price comes DOWN, BUY BUY BUY BUY physical from The Doc and once the dust clears on the world wide financial collapse next year you will sell your physical at astronomical prices and reap a great harvest.
They are solidly in control of the monetary system of the world but have over invested in the greedy derivatives game and those bets are going to go down next year in a HOUSE OF FLAMES.  

my-shorts-on-fireDuring this past COT period we see in silver that price flat lined during the first part of the period then on Thursday evening after hours there was an explosion upwards. 
This is what I call a speculator short shakeout on the part of the commercials because price had been deteriorating more than they desired.   Thus, we see in the COT the large speculators covered 4,526 shorts.
Simple, dear Watson…
Both the producer merchant and the swap dealers picked up similar amounts of shorts at higher prices after the short shakeout. 

In gold, we see a very similar short shakeout...

A storm approaches like no other financial storm ever seen on the face of the earth.
A derivatives contagion capable of wiping out the entire financial system in an hour, is coming. 

JP MorganTo all of you who are on the fence about buying physical, NOW IS THE TIME TO BUY while there is physical on the shelves.  In the coming months, I truly expect metal prices to continue to depress, but at some point there will be a HUGE gap to the downside where major players (the bullion banks) cash in on their shorts very very quickly, reaping the cash, then repositioning in LONG positions as silver and gold GO TO THE MOON.
During that VERY BRIEF WINDOW, it may not be possible to purchase silver and gold at rock bottom prices and the only options left are fiat futures, index fiat futures, or fiat metal mining stocks.  You do not want to be in any of those, IN MY HUMBLE OPINION.
I firmly believe what is coming is going to confiscate all metal in mines from personal stock holdings and it is my expectation just as we see the veiled robbing of 401Ks, retirement investments, and all such fiat vehicles to “cover” the coming collapse, that all investments in paper shares will be lost.
If we have a MAJOR crash next year, a financial crisis like the world has never seen, do you really think they are going to allow the small speculator holders of paper physical metal in futures or mines to hold those vehicles when silver is $500 an ounce and gold is $10,000 an ounce?
Stay thirsty for physical, my friends…