Down goes 15! Down goes 15! Down goes 15!
It’s been a while.
Please excuse me if I’m giddy because we know the cartel is absolutely livid right now!
Gold last had a 15-handle back in April of 2013:
Is it just me, or is that one beautifully rounded bottom?
Gold broke though $1500 at exactly 9:40 p.m. EST:
In my opinion, this isn’t a top.
In my opinion, gold is really just getting started, especially in light of the formal declaration of currency war against China.
Which only adds fuel to the inflationary fire the Fed is stoking because they don’t like the slow burn from red embers.
Nope, the Fed wants a 5-alarm, full-on disco inferno of inflation that burns the US dollar right down to the ground.
Stackers & the smart money know this, but now the sheeple are starting to understand the Fed’s inflation lust.
Which is one of the reasons the cartel is having a hard time in keeping the price of gold capped right now.
With everything going up in price except gold, well, it doesn’t take a rocket scientist to do the math.
The interesting thing in all of this is that silver is even more of a screaming deal than gold is.
So the cartel may actually let gold run a little here to switch their focus towards silver.
Because gold is the money of nations, but silver is the real power of the people.
Once the people realize that they have the power over evil corruption?
Let’s just say gold fever would be a walk in the park for the cartel.
Silver has yet to move, and the US dollar is relatively strong.
Which means further cartel suppression here is a gift.
I’ll take that gift since I know how the game ends.
It ends with a crack-up boom of hyperinflation.
The fiat currency has already been printed.
It has been a constant grind since 1913.
We’re so close now, fumes are thick.
One spark will set it all ablaze.
Until then, we have time.
To finish preparing.
The end nears.
– Half Dollar
About the Author
U.S. Army Iraq War Combat Veteran Paul “Half Dollar” Eberhart has an AS in Information Systems and Security from Western Technical College and a BA in Spanish from The University of North Carolina at Chapel Hill. Paul dived into gold & silver in 2009 as a natural progression from the prepper community. He is self-studied in the field of economics, an active amateur trader, and a Silver Bug at heart.