Gold and Silver getting Hammered as the Market goes Higher

Just calmly & systematically add to the stack.

Well, since the SPOT price is determined by paper contract transactions, they can pretty much tell the SPOT price where to go whenever they want.

That won't totally control the price of physical though. Many times, physical has a premium over and above the spot.

However, if anyone was interested in buying physical, this could turn out to be a great opportunity.

the carsh starts in 3...2...1...
[link to reddragonleo.com]

^^^^^^^^^^^^^^^
THIS, worrying about a dollar or two spot price isn't going to matter when it comes crashing down...

It's a ponsi scheme...

By cpowell

Created 2013-04-01 00:42


8:36p ET Sunday, March 31, 2013

Dear Friend of GATA and Gold:

Interviewed this week by Chris Waltzek of GoldSeek Radio, former U.S. Assistant Treasury Secretary Paul Craig Roberts says he believes the Federal Reserve is surreptitiously shorting gold to support the dollar in the Fed's low-interest-rate environment, which ordinarily would weaken the currency. The interview is 29 minutes long and Roberts' comments about gold begin at about the 17-minute mark. You can listen to it at GoldSeek Radio here:

First interview,

[link to radio.goldseek.com]

Skyrocketing DOW of cards.............. Look out folks what goes up will come down !

5 stars

Exactly - except I wouldn't add to the "stack." I'd addto the pile and try to make it into a mountain.

Time to hit the "War" delete button and start again.

When you see a price reaction like there is today, you can bet there are large buyers moving into the market. They are trying to discourage these buyers from purchasing today and waiting until tomorrow for a better price, as the cascade the piece down by selling freshly printed Comex contract futures contracts. (thats the printed paper that prices the physical asset in ink)

As long as they can manipulate the price of Gold/Silver with printed script they will do so. Everything is priced in the future with paper as nothing is real and all is an illusion. We saw a few commodity houses suspend the sale of Silver last Friday. If we see the failure of a couple of commodity trading houses like MF Global again, its lights out for the paper.

They must keep the dollar looking like a high class, fresh as the Irish spring hooker, even though she is wore out. Like they say you can't put lip stick on a pig and expect...................oh forget it !

Societe Generale just published a 27 page
report titled The End Of The Gold Era.
They say rising interest rates and
improving US dollar will drive gold down
to $1375/oz by December 2013.

last year i predicted by fall 2012 S&P and gold would be at parity. i did not hit that, but we're almost there. I think the trends will reverse course after they hit parity.. gold to the moon and S&P selloff..

but it seems my calls are often wrong lately so who knows.

me, i'm stacking physical.

Exactly what I do Lady Jane

Some places online are still selling gold for $2000 an ounce

Always depend on the bankers to give you the strait up truth, right ? They always roll out the bankers because the media thinks people trust them regarding finance. The truth has been discovered over the last few years by the masses and they dont trust these idiots as far as the could throw them.
When ever a bank is telling you something, do the opposite.
Meanwhile they have bought more than at any time in history.

As prices have dropped and investors lost faith, central banks have been on the opposite side of the trade, gobbling up bullion at a rate of 27-metric tons a month, according to UBS’ gold expert Edel Tully. Data compiled by UBS shows central banks bought about 54 metric tons of gold in the first two months of the year; that’s more than 1.9 million ounces, or more than $3 billion at Wednesday’s prices (bullion stood at $1,606.30 an ounce by 3:36 PM

[link to www.forbes.com]

this

Remember, the elite got all their money out of Cyprus before the collapse there.

I think many can see what's coming and are just generating a buying opportunity for themselves using TPTB to generate taxpayer-funded shorts today that will ultimately lose.

Ride the wave down and then load the boat. Who the hell wants DOLLARS at this point (beyond what you need to live on, I mean)? Savers are losers - big time.

it is sad to see the common folk will lose their shirts on gold and silver the coming year.

Wake up, gold and silver is propped up by free money that is now all but evaporated. It can only go down so get out while you still can make a profit.

If gold and silver havent gone tothe moon after all this money printing then it wont ever go anywhere. Not enough people give a shit about gold and silver. People dont have enough savings after spending on food and bills and rent to buy gold and silver. It is my opinion gold and silver will never be money in everyday society.

Silver was $50/ounce in April 2011.

Now it is April 2013.

You've successfully managed to miss the point. Gold and silver don't go up and down. They're stable value. It's the value of paper that is being manipulated.

For some reason you think the dollar is the ultimate value. It's not.

Pretty much, zinc, copper, and nickle...

Strangely, zinc, copper, and nickle can be used in an Edison Battery to make D.C. electricity. Go figure. Add in the Iron and hey, these can be used to make D.C. Electrical generators, no need for gold or silve.

The people's money has been copper based for thousands of years as it is.

its become true, last time most people say price of gold and silver will skyrocket, see what happen now
its useless, it will carshing , you cant eat gold and silver.
eat that

Yeah, the gold and silver gurus are being awful quite these days. Gold was supposed to be over $2000 an ounce and silver over $100 an ounce by now. Just go back and listen to Bix Weir, David Morgan, Jim Sinclair and all the other gold and silver pushers who predicted these prices. They all have mud on their faces.

Going lower

Can't fight the fed

Yuo !

Indeed. Apmex is offering Silver maples at 2.49 over spot in any quantity. A steal if you ask me.