gold market tippingWe are heading towards a tipping point in the global economy and broader stock markets.
Monetary Malpractice by the Fed and Central Banks created an economic system of, “Delusional Markets.”
Nothing is as it seems, and we continue to kick the can down the road.
Furthermore, U.S. Treasury sales are no longer being bought by foreign buyers and it looks like we are approaching Net Selling.  Which is the reason the Fed is forced to create more liquidity to continue purchasing U.S. Treasuries.
However, LIQUIDITY IS NOT WEALTH OR COLLATERAL.

U.S. Gold Exports Jan-Mar 2014In the first three months of the year, Hong Kong received half of total U.S. gold exports.
This was an interesting change of events as Switzerland held the number one spot as the largest importer of U.S. gold during the same period in 2013.
According to the USGS Gold Mineral Industry Surveys, Hong Kong received 78 mt. (metric tons) of gold from the U.S., while Switzerland came in second at 51 mt.  
If we look at the chart below, we can see the breakdown of U.S. gold exports for the first quarter of 2014:

The EndThe biggest flaw in Trader Dan Norcini as well as many other analysts who believe that the markets ARE NOT RIGGED, is that they fail to understand the global energy situation.    The value of most STOCKS, BONDS and PAPER ASSETS are derived from a growing economy, which is based on a growing energy supply.
As the global oil supply peaks and declines, the value of most paper assets will decline.
The only way to protect wealth at this time will be in physical assets such as GOLD & SILVERIt was the SIPHONING of investor funds into paper assets such as derivatives, options, stocks  and bonds that caused the REAL MANIPULATION of the precious metals market.

Peak Oil will destroy gold and silver manipulation by DEFAULT.

Collapse Of Roman Silver Monetary SystemThe precious metals will offer one of the best safe havens as the world enters into the next paradigm… “The Death of the Business Cycle.”
Unfortunately, very few analysts, economists or investors realize the darkness that lies ahead.
Gold and silver are more than insurance…. they will be the wave of the future, and the future is now here.

Gold vs Oil Price & Ratio 2000-2014Currently, the price of Brent Crude is trading at $113.35, while gold is at $1,275.   This is an embarrassing 11.2 to 1 ratio…. thanks to the manipulation by the Fed and member banks.
Based on the historical gold/oil ratio, The BASE PRICE of gold should be over $2,000 an ounce.
I say base price because this just brings the value of gold back inline with its ratio to oil.  This DOES NOT INCLUDE the huge invrease in monetary printing, debt and derivatives which have funneled a great deal of value away from the King Monetary Metal.
Once we include these factors, that base price of $2,000 should be higher by several orders of magnitude.
We can plainly see that the price of gold should already be north of $2,000… if it wasn’t for the continued manipulation by the Fed and Central Banks. 

SRS8The top 12 primary silver miners sold an additional 5.8 million oz of silver this quarter compared to Q1 2013 for a net loss of $78 million in revenue ($550 million – $472 million = $78 million)… whereas by-product revenue increased $105 million.
This resulted in the estimated break-even price for the top 12 primary silver miners of $19.78 or $4.27 lower than the average for full year 2013. 

Top 4 Gold Producers Ore Grading ChangeIn order to survive in a manipulated low-price environment, the gold producers resorted to “High-grading” some of their mines.  By high-grading, the mining companies target higher ore grades in their operations to produce more metal while lowering costs.
Unfortunately, this short-term band-aid comes at a cost.  When the mining companies choose to high-grade they are left with lower quality ore in the future that is more expensive to extract.
The top four gold miners overall production remained virtually flat while instituting their costly short-term solution of high-grading.  In utilizing high-grading, problems will only get worse in the future for these top gold mining companies.  Unless the price of gold rises considerably in the next few years, a lot of gold will remain in the ground… too expensive to extract.

Global Conventional Investment Assets Updated 2013 EstimateThere is no need in trying to prove precious metals manipulation, because it’s out in the open… right in front of your eyes.  However, this doesn’t stop the silly games being played by some of the well-known analysts in the precious metal community.
It is the siphoning of the majority of the worlds fiat currency-funds into the Derivative-Paper Market that is guilty of manipulating the values of gold and silver.  If a fraction of these funds moved into physical assets such as gold and silver, their values would rise to unimaginable levels.
The world will be forced to move into Gold and Silver one way or another.
My advice is… you better get some before it’s too late.

Canadian Maple Leaf Sales Q1 2014With the release of the Royal Canadian Mint’s first quarter 2014 report, sales of silver maples increased substantially compared to the same period last year.  While Silver Eagles sales in Q1 declined slightly year-over-year due to a backup at the U.S. Mint, the Royal Canadian Mint reported a 24% increase in Silver Maple sales.
The Gold (and Silver) price manipulation will end one day OUT OF THE BLUE.  There will be no warningAnd of course it will be too late to purchase gold or silver.

silver mineDue to the Fed’s QE policy of propping up the stock and bond markets while monkey-hammering the precious metals, the top primary miners gave away their silver at a loss in 2013.  While some of the top 12 primary miners stated adjusted income gains for the year, all the companies suffered net income losses — a staggering $1.7 billion loss for the group.
Here is the FULL YEAR financial results for the top primary silver miners in 2013:

goldIn the daily build up of the expectations of the baffled and bemused precious metals investor -now constantly whiplashed tween hope and despair -…and wherein the final breakout is always just around the corner – according  to this GOFO reading, or that BACKWARDATION statistic… – resulting in the Ecstasy of Gold. 

U.S. Gold Exports Jan & Feb 2014As Russia, China and the other BRIC countries work towards a system that doesn’t include the TURD called the U.S. Dollar, Americans have less and less time to prepare for the GREATEST TRANSFER OF WEALTH…. in history.
Not only did the U.S. export 128 metric tons of gold in the first two months of the year, its supply deficit continues to increase. 
While gold exports to Hong Kong fell in February, Switzerland imported another 28 metric tons of gold during the month, more than twice the 12 metric tons it imported in January.
If we look at the chart below, we can see where the United States exported the majority of its gold.

Caption Contest 1A recent Chairman of that private corporation in control of the finances – perhaps even, the destiny – of the USA for the past 100 years, famously referred to the yellow metal as “a barbarous relic”.   Although this Ph’d prophet of policy-managed markets has hardly been a fount of wisdom in the course of his career… in this case he stumbled upon a truth.
Yes. Bernake got it right!  Gold has all the attributes of  a primitive thing – and as such belongs in essence to a different cycle in humankinds’ journey. In fact, it’s the very primitive nature of gold [& silver] which renders it a potentially deadly kryptonite to the modern financialized world.