Swiss-Gold-650x360
Play

Matterhorn Asset Management’s Egon von Greyerz out of Switzerland joins the show for a special episode this week covering the historic Swiss Referendum, discussing:

  • Is the latest PM take-down ALL about the Swiss Referendum and portraying gold in as negative a light as possible to the Swiss people ahead of this month’s Swiss Referendum?
  • Egon explains why we are witnessing the FINAL EXHAUSTION in Gold & Silver Manipulation!
  • Paypal shuts down account for Swiss Gold Referendum, confiscates funds in Gestapo like move!
  • Trouble brewing in Euroland?  Egon predicts there is No chance the Swiss Franc/ Euro peg will hold with a yes vote!

Don’t miss this Special Edition Metals & Markets with The Doc, Eric Dubin, & Egon von Greyerz with full coverage of the Swiss Referendum: 

freefall

Nearly 3 years ago, with silver trading near $40/oz and gold near all-time nominal highs, SD gold & silver analyst Marshall Swing shocked the PM community by warning that silver would crash to $15/oz, then rocket past $1,000/oz as fiat collapses! 
Fast forward to Oct 31st, 2014, and silver has indeed crashed to a $15 handle.  
Does the ONLY precious metals analyst who forecast silver’s crash from $50 to $15 still believe a silver moon-shot past $1,000/oz is coming along with a full-fledged fiat currency collapse?
Take heart silver investors.  The one analyst who saw this coming remains as bullish as ever:

beach ball

Gold and silver  had a great day price wise.
However it did not start out that way.  The criminal bankers started early last night with gold being pushed back below the $1160 level reaching its nadir at around $1145 early in the comex session.  Silver saw its lows at around 2:00 am  (London fix time) at $15.30.  Then at a little after 9 am both metals started their huge ascent as the physical markets totally overwhelmed the paper markets.  One could see that the market was going to test the huge $1180 gold resistance level.
The dam burst as it could not stop gold’s huge demand as gold ended the day at $1185.60 and silver at  $16.31.

The bankers will regroup and will try and forcefully send gold and silver back down on Monday.
Of course the problem that the bankers have is this:

1241611

All speculators should cover all the shorts they have right now to secure MASSIVE profits!
But they won’t.  Why?
The speculators really believe they can force the Commercials hand and pin their positions on them but that is not mathematically possible.  They sense and even smell the blood of far lower spot prices in the future and they are determined to hold the mass of shorts for that payday.
Failure looms in their future as metals will not be allowed to crash until September of next year and it will not be the speculators who profit then but the Commercials who crash it in a few minutes, cover all their short positions as speculators and day traders give up their longs, then those Commercials go extreme long into the most incredible price rise in the history of any commodity (or equity).
The die is cast.

The Coming Bear Cycle

Gold’s triple bottom support at $1180, that was not expected to break, broke on October 31, 2014 and Gold has since been trading UNDER the $1180 support level. 
Now what?  Has the 14-Year Gold Bull Market come to an end?

paper gold

A few months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 255.02 tonnes for a loss of 48 tonnes over that period. .
Furthermore, there is now evidence
of paper settling on the COMEX!
Let’s head immediately to see the major data points for today:

HarveyOrgan1

The bankers came to work early yesterday in the access market knocking both metals down.
However throughout the night, gold rose nicely and then at 12 noon today, something spooked our bankers as gold rose to $1165 only to be repelled back to $1163.00 on closing.  However late in the access market, gold again rose to $1173 upon which it was easy for our bankers to offer naked contracts and lower the price to $1164.00 at access closing time.  Something is spooking our bankers!!
Let’s head immediately to see the major data points for today:

HarveyOrgan1

Gold and silver had a terrible day today.   As I warned you on Friday, “Monday is a critical day.  Rarely do they ever let gold rise in a follow through.”
The bankers came to work early this morning at 6 am est and knocked gold and silver down badly and the kept the pressure on throughout the day.
Let’s head immediately to see the major data points for today:

HarveyOrgan1

GLD loses 5.68 tonnes of gold inventory/Silver inventory remains constant/huge rise in gold and silver today. 
Gold $1177.00 wow!! something big is going on behind the scenes!!
It looks like our banker friends are timid with respect to silver.  The bankers just cannot cover their shortfall.
Let’s head immediately to see the major data points for today.

Silver-Drive-by-Shooting

We had a HUGE Drive-By shooting today in gold & silver, as the cartel smashed silver nearly to $15/oz, resulting in the US Mint COMPLETELY SELLING OUT OF SILVER EAGLES!!
Let’s head immediately to see the major data points for today:

HarveyOrgan1

Today, we had a huge withdrawal of gold Inventory at the GLD of 2.39 tonnes/ inventory rests tonight at  738.82 tonnes.
I am deeply concerned that most of the gold that enters as a deposit at the comex are of the kilobar variety i.e. exact multiples of 32.15 oz!
Let’s head immediately to see the major data points for today…

cliff edge
Play

In this week’s MUST LISTEN Metals & Markets, The Doc & Eric Dubin break down the epic take-down in the metals futures markets this week, discussing: 

  • With gold’s triple bottom at $1280 breached and silver plunging below its uptrend channel from the 2nd phase of its secular bull market- next major support levels are $1,000 in gold and $9 in silver!  Is an EPIC PLUNGE dead ahead for the metals?
  • Blood is pouring in the streets!   How much longer can the pain last?
  • Physical silver demand EXPLODES- premiums spiking as shortages develop
  • US Mint October Silver Eagle sales near 6 million oz- all time yearly sales record looks set to fall
  • While QE “ends” in the US, Japan goes QEInfinityER, ramps QE to JPY 80 Trillion

The SD Weekly Metals & Markets With The Doc & Eric Dubin is below: