Marshall Swing: Stay Thirsty for Physical My Friends!

DosEquisbeerguyFailure to be able to see what’s coming in these perilous times will result in being left with nothing. 
So, buy physical my friends, whoever you are, if you are seeking to protect yourselves against the economic collapse just around the corner.  
I raised the buy flag last week.  I do not mean these are the lowest prices that will be seen, however, ANYTHING below $20 is a great bargain and the time is quickly coming when I will raise the buy flag to an alarm level because the collapse is about 1 year away.
Stay thirsty my friends” AND start building your dry powder (physical precious metals) from your paper investments cause they ain’t going to be around much longer


 

By SD Contributor Marshall Swing:

Greetings from the Land of Mindanao in the Southern most Philippines where my brand new fiancé says it was cold this morning after a hard rain last night and ongoing rain through the morning and early afternoon.  Cold here is somewhere in the middle 75F degrees with slightly less than 85% humidity.

 

It’s all relative, my friends, well, the temperatures, I mean…  😉

 

HOWEVER, what is not relative is the manipulation of gold and silver by the elitist bankers of the world and their billionaire bosses who control both banks and politics by virtue of a club that controls the economies of the world!

 

This appears to have been an off COT period for silver but there is a slight short covering by the commercials, specifically the producer merchant while the swap dealers picked up longs by a 3 to 1 margin.

 

The net short position of the commercials has dipped close to 100 MILLION ounces a significant low.

 

Also, the commercial’s total percent of open interest has dipped below 50%!!

 

Also notice the producer merchant is closer to 40% of total commercial open interest and the swap dealer is closer to being in the driver’s seat with more than 50% of the position.

 

What really happened last COT period was in gold, of course and here we see some real action!

 

Both sides of the commercial’s house built massively on their short positions (as if they talk over lunch and after work cocktails) while the speculators living in fear of a price rise purchased some insurance with 13,000+ additional long contracts added to their total numbers.

 

But guess what?

 

Despite all that long buying and tepid enthusiasm on the part of some, price declined.

 

That is called buying the price down, my friends 😉

 

I have preached on this before and few agree with me but there it is in black and white, price going down with speculators gorging themselves on longs.

 

The Swap Dealers are now well over 9 MILLION net short ounces of GOLD.

 

They are in control of their destiny no matter what commentators think about the true cost of mining and what the price of the metal should be.  The lower price goes the more they are in the money with shorts they bought at significantly higher prices.

 

Sounds like a great deal to me!

 

Hedge HOGS, I call them.

 

 

Silver Shield Uncle Slave
Only $2.99 Over Spot ANY QTY at SDBullion!

 

The Word to the wise this week is found in the bible in Revelation 3  and verse 18:

 

“I counsel you to buy from Me gold refined in the fire, that you may be rich; and white garments, that you may be clothed, that the shame of your nakedness may not be revealed; and anoint your eyes with eye salve, that you may see.”

 

Failure to be able to see in these perilous times will result in being left with nothing.

 

So, buy my friends, whoever you are, if you are seeking to protect yourselves against the economic collapse just around the corner. 

 

I raised the buy flag last week.  I do not mean these are the lowest prices that will be seen, however, ANYTHING below $20 is a great bargain and the time is quickly coming when I will raise the buy flag to an alarm level because the collapse is about 1 year away.

 

When I was in Puerto Rica a few months ago and enjoying some snorkeling in shallow waters, a party of 6-8 came by strolling in the water with their beers in hand and told me I looked and sounded like the guy in the Dos Equis beer commercials so all I can say to that is “Stay thirsty my friends” AND start building your dry powder from your paper investments cause they ain’t going to be around much longer…

 

Until next week…!
DosEquisbeerguy
COT Silver 5-6-2014
COT Gold 5-6-2014