Gold dropping fast and hard

gold down 127 dollars
www.marketwatch.com...
all the people that bought gold at the beginning of the year, are looking like the buyers of real estate in 2006.

reply to post by khimbar

Usually "sales" go thru a cycle....it starts out as "25% off", then "50% off" and finally "Clearance 75% off"....The $1550 and $27 area was the "25%" off area and they just changed the tags to "50% off"*.

* Not literally half off - just the next stage in the cycle.

It's not entirely surprising given the anticipation of Cyprus selling its gold. Plus the performances of the Dow Jones and FTSE indicates confidence has come back into the market, lessening the demand for safe havens. I don't think it'll crash though as there is still the opinion that despite more optimism int he markets, the global economy is not out of the woods. All it takes one negative comment from a politician and people fly out of the markets and back into commodities.

Look at all the other metals!
They are All dropping fast.

Did someone sell a great deal of Gold and other metals?
do we get a Big war now?

North Korea and nuc's?
something is going on.

Yes Bitcoin has had a lot of de'vauling.

Originally posted by Mandrakerealmz
reply to post by stirling

 

Ooh I can't resist

I'll name some.... Bitcoin, Litecoin, Namecoin, Peer2PeerCoin(PPC).

Crypto Currencies baws, There someone named some

reply to post by rickymouse


23.00 right now.

BIG moves.

Gerald Celente, USD no longer a reserve currency?

www.trendsresearch.com...

Crprys is selling its Gold.
so what do they do?

make the price of gold Drop.....

ALL markets are:

WOAH

finviz.com...

Originally posted by CALGARIAN
ALL markets are:

WOAH

finviz.com...

OJ's looking good. lol

just goes to show the extreme level of market manipulation we have before us. gold and all PM's will be just fine but first the thieves must drive down the price in order to steal even more peoples money and their gold. it's nothing more than a game to these criminals and a game they plan to win at any cost.

i'm under the belief that paper gold, among others, is leveraged 100-1 verses physical holdings so this isn't about PM's it's about theft.

supply and demand dictate no longer what we see before us. what we see is the casino beginning to close and all the big players are cashing out before the machines run out of money, you and i will be left with empty cash out machines and worthless credit slips.

hold your PM's and do not be fooled into selling at this time and in fact i would be buying if i had some extra to buy with but good luck because most supply houses are not taking orders, wonder why?

Hmm, this may be a very strange week.
Dow jones sinking, Nasdaq, s&p, Boston marathon bombings.

Along with everything else going on in the world. I don't like fear mongering but I honestly believe this will be the beginning of a worldwide crisis.

reply to post by buddha
Yes (Litecoin) has had a lot of revaluing ^.^ lol

reply to post by antar


Good thing I never bought any silver, I'd feel bad.

You know, none of the financial stuff really makes any sense. The stuff we need to live should show a slow but steady increase. Stuff we do not need to survive should be of little value, yet it is very high. What a mess this script is, we need some better writers that are realistic. If this is real than we got some major problems with mankind.

To all the people who think that the banksters only did the fall in gold and silver, they made the price go so artificially high. Gold and silver historically this wild(both up and down) without some market manipulation. Precious medal are bought and sold all the time, future trading, and contractions...Why does any of this surprise people. Wallstreets all about gambling and finding ways to win.

Originally posted by Flyzoid
I wonder what Glenn beck is thinking after screaming out to buy gold for all these years.

www.cnbc.com...

If I was him, I'd be screaming louder than ever to buy gold. You know the whole buy low sell high mantra? It's actually more surprising that he'd be advocating the purchase of gold when the cost was so high to begin with.

Sounds like a good time to buy more gold and silver to me.

Originally posted by FlyersFan
Yep .. just saw that. Its at 1376 (electronic) right now ... down from 1900 not too long ago.
Silver is falling as well.

I have a NWO theory on that. 'They' have pulled the plug on it and so people are now rushing to sell their gold. 'They' want everyone to sell their gold so 'they' will have economic power.

So hang onto it.

The Dowjones is making new highs while the dollar is well off its lows, people are selling gold certificates to get action elsewhere. All that "Gold" people bought was never physically delivered anyway.

the ultimate price of physical gold (the price deliberately driven down by 'Paper' gold) is to be $1,100.oo /USD


the actual price one will pay for $1100. gold will be closer to $1440.00 with the increased Premiums
one will gladly pay to actually possess physica l gold (in coin or wafer or small bar form)

even now with gold back in the high $1370 range... the 'Premiums' are skyrocketing to $79. oz. at the minimum
with even greater Premiums as the price goes even lower


it was reported that the April 15th 'squeeze' to $1300 saw Japanese paying up to $500 oz for physical bullion/coin

so it will continue... the shortage of physical gold will command a hefty premium of up to $500 per Oz as the gold price drops to near $1100.





i suggest these articles for background info... on just why the fraudulent gold supply system is on the threashold of a major collapse:
www.globalresearch.ca...



in the next two years (maximum) there will be a false flag nuclear bomb event that will (of necessity) contaminate & irradiate all the NY Feds gold vault up there in NYC---- along with other NYC situated Bullion Banks and storage vaults ...
and of course the JPMorgan &/or other TBTF VAULTS that will alledgedly have tonnes of precious metals that will be contaminated by high doses of radiation---

Thus taking those tonnes of bullion out of the eye of oversight...

plus forever delaying the repatriation of the 1,300 tonnes of German gold that was to take place over 7 years since 2012




having a false flag radiation event will allow the Fed and the central banks to continue the illusion of a full deposit of bullion stored in the secure 'Vaults' so the game can continue



that is until the BRICS infrastructure and development bank opens its vaults for proof they control more tonnage of gold & PMs than all of the western (London-NY) central banks combined which their highly fraudulent accounting ledgers state



2013-2015... nuclear event in NYC keeps all NY, Fed & USA Treasury gold/silver/PM bullion tonnage to remained sealed and quaranteened for the next 1,000 years or more



the London-NY-DC gold system has dug itself into a untennable situation & a nuclear false flag event will be seen as the only soultion



? ask yourself why are the Ft Knox vaults being secretely evacuated of the Gold Bullion (supposedly) still being stored there?
A: because less than 1/2 of the gold bullion said to be there is actually there...and the actual physical bullion needs to be sent to the False Flag storage vault out-of-necessity so it too will be permanently sealed off from public scrutiny after getting irradiated

reply to post by St Udio


Well...it is 3 days later from my above post that detailed gold getting crunched to $1100...
but the secretive "V" that is whispering to steve quayle (now 3 days later) says the plan is to
crunch gold down to the $800-$1000 level instead of $1100.


see the SQ link:
www.stevequayle.com...


i have web based resources, links that most of youse could access and not some secretive...dark shadows guy feeding me info... but i go with the gold squeeze down to $1100 & silver were i said in my earlier post (above this one)\\hey guys-gals....keep stacking coins/bars as you can afford them...

on about May 15th-17th.... i mentioned in another thread that the gold squeeze of April 12-&-15th was more likely the result of the Eastern central banks, particularly Russia & China... that dropped gold to the low $1300s from $1520.
Now some 6-8 days later TWO well known financial experts are just now thinking about my earlier observation...

perhaps i was correct.... that the Eastern gold hoarders used the Fed/JPM metals rigging scheme as the springboard to further bring down the price of gold--- to DEMAND physical bullion Delivery ASAP...as they continue amassing physical bullion while the western vaults get emptied....
the Fed and the USA gold/silver manipulators got played by the Chinese and Russians and don't want the world to know they were gamed at their own game of metals price manipulations with naked-shorting on the COMEX

www.maxkeiser.com...
Posted on May 23, 2013 by Stacy Herbert — 65 Comments ↓

We have a look at the narcissists’ rally as we drown in central banking their currency wars and their quantitative easing without wealth creation. In the second half, Max talks to Jim Rickards, author of Currency Wars, about why we don’t need to worry about a recession – because we’re in a depression! They discuss US Federal Chairman, Ben Bernanke’s, plan to not Beggar Thy Neighbor, but Enrich They Neighbor by jumping out of the printing plane together with simultaneous devaluations. And, in terms of gold, Keiser and Rickards suggest maybe it’s the Chinese manipulating the price of gold . . . and not the US Federal Reserve

Read more at www.maxkeiser.com...