THE MASSIVE DECLINE IN GOLD TODAY... IS EXPECTED... HERE'S WHY...
GOLD BECAME A NO BRAINER FOR WALL STREET... IT WAS A PLACE TO HIDE IN THE FACE OF FED MONEY PRINTING...
THAT IS STILL TRUE...
BUT THE STRUCTURAL COLLAPSE OF THE US ECONOMY ...ALSO DAMAGED EUROLAND...PERHAPS BEYOND REPAIR...
AS THE EURO COLLAPSES...THE DOLLAR RISES AND GOLD FALLS... REMEMBER THE FLASH TRADERS ALWAYS TAKE POSITIONS ON BOTH SIDES OF THEIR "THEORY"...
ALL OF THOSE MASSIVE SHORT DOLLAR ...LONG GOLD TRADES ARE VIOLENTLY UNWINDING TODAY...
NEED PROOF...?
IS PAPER MONEY BECOMING MORE STABLE...MORE VALUABLE NOW... OF COURSE NOT...
THE MASSIVE NEED TO RAISE CASH IN THE FORM OF DOLLARS... AND TO TAKE YEAR END PROFITS...AND MEET MASSIVE MARGIN CALLS IS BEHIND THE GOLD PLUNGE...
NOTHING HAS CHANGED...IN FACT...THE CASE FOR GOLD IS EVEN STRONGER...
NOTE ALSO THAT SILVER WAS NOT AS VOLATILE AS GOLD RECENTLY...SILVER WAS REALLY MORE A PAPER MONEY HEDGE THAN GOLD OF LATE...BECAUSE IT HAD LESS HOT MONEY IN IT...
TODAYS GOLD ACTION IS LIKE THE BIG TSUNAMI....
AS THE WATER GOES OUT TO SEA...DON'T GO OUT TO PLAY ON THE BEACH...!!
RATHER ITS TIME TO HEAD FOR THE HILLS...
GOLD AND SILVER ARE BOTH BUYING OPPORTUNITIES...AS THE COLLAPSE OF THE PAPER MONEY ECONOMIES CONTINUES APACE...
LET THEM HIT BOTTOM...THEN LOAD UP FOR THE NEXT ROUND OF MASSIVE QE MONEY PRINTING!!
ALL THE OTHER "THEORIES" ON TOUT TV AND ELSEWHERE...ARE BULLSHIT AS USUAL...
