Wow! Can you believe this? Shaving a lot more off again this morning! Truly amazing!!!

Prices are going to get a lot better for us… IF volume should be MASSIVE, it will likely mark a tradable bottom.

When panic sets in, blood flows in the streets and you can ‘smell’ the fear… that is OPPORTUNITY!

Harold

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2 thoughts on “Dive, dive, dive!

  1. I have seen all sorts of reasons why gold and silver dropped. All probably have some validity. However, this is the straw that broke the camel’s back:

    “After spiking to near $20 an ounce late last week, the spot price of silver has fallen to nearly $17. The broad selloff in the metals complex appears to have been triggered by a massive “paper dump” of gold in the futures market on Monday. We’ve read reports stating that in the first 30 minutes of Comex floor trading, 3.2 million ounces of paper gold “bombs” were dropped and roughly 27,000 contracts (27 Million ounces!!) of paper gold were dumped by the end of the day.

    We can’t emphasize enough how far from reality these paper trades are. We would like to see just a million ounces of physical gold in one place, much less 27 million ounces sold on the market all at once.”

    The fact that this is allowed (it is not in any other commodity other than PM’s) tells you our gov’t, big banks, etc., are in collusion to keep gold and silver down.

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  2. This particular market is relatively ‘easy’ to manipulate, due to its size. I do not doubt what you have stated here in the least, and it’s one of the reasons why I remain unfazed so far. The actions of central banks the world over can only cause the value of real money, gold, to ultimately rocket… and, I will be there when it does! Thanks, Harold

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