We are being screwed

Every time the price rises (or threatens to rise) the large bullion banks ala JP Morgan create massive naked shorts introducing fake supply of Gold in the market, thus driving the price down. yet the price has been increasing for the previous 10 years, hasn’t it? Therefore how can you say they are driving it down?”, many individuals ask. Well, the constraint on the bullion banks has been the availability of the physical metal. If the metal is not accessible, the fraud of the paper market is uncovered and they lose their price managing ability.

So they allow the price rise to a level at which there are some weak hands willing to sell and then they hold it there till almost all the sellers have been exhausted (I am presuming the Fed has already sold all the US Gold throughout the past decade). So strong are Gold’s fundamentals that despite the enormous rigging, all they have been able to do is slow its rise. The weak hands who sell the physical metal at every price rise have helped them in this endeavor. But soon, as the bond market implodes, they will run out of sellers. Treat the availability of real metal at today’s paper price a gift and buy as much as you can.

Furthermore, there is increasing evidence that the Europeans have removed support from Wall Street’s paper Gold market (COMEX and the LBMA, which also operates on a fractional reserve basis as recorded here) and are in favor of establishing a physical only Gold market

Physical Gold in your personal possession is the only thing that will survive the coming financial Armageddon. What we are seeing right now is actually nothing but the calm before the storm. Eager observers are listening to rumblings beneath the surface signaling an imminent volcanic eruption. Once it blows it will be too late to take action. Trading paper markets for paper gains is like picking up pennies in front of the steamroller. It’s time to stop trading and just buy gold online. The window of opportunity to convert your casino chips (fiat money) into real money, i.e. Gold, is getting smaller by the hour. He who panics first, panics best.

Buy Gold Now!