The reason I brought this up today was to just bring up how fragile the word CONfidence is. It takes a long time to build it up but only a "flashcrash" to destroy it. The carefully crafted rise of the market to restore the economic juices was crushed in a few minutes. This illustrates the pitfalls of manipulation of nature. Natural markets are a force of nature. You can tamper with them but every action has an opposite and equal reaction. In other words, there are moral hazards that are coming our way. It becomes compelling to marvel at the daily machinations of the PTB but don't become mesmerized by them. There are forces that have to be reconciled with eventually. When the bill comes due, and it will, you don't want to be unprepared. These are psyop games designed to manipulate herd behavior. I cannot possibly tell you the price of metals or miners in this type of market on a short term basis. But I can tell you that we have not seen the top in precious metal nor the miners. If you believe you are able to trade in this slaughterhouse then by all means make your bets but leverage is your enemy with these sharks.
There are many developments within our own borders now that indicate the endgame is near. Prepare accordingly and take this time while we are in the eye to enjoy our time with our family. With a little luck the other side will eventually be realized. If you prepared properly you can be much stronger after the storm passes. If this is a Cat 5 storm then just seeing the other side will be your goal. Too much doom for you to focus on? That's understandable and I don't blame you.....the majority are in your camp and always will be. gl
from KWN and Richard Russell
“You know, America is different from most Asian nations in that America has little use for older people. For instance, in China, older people are revered. Though older people may lack “hipness” and technical knowledge, they make up for their ignorance with wisdom.
I look back and I have seen and talked to Billie Holiday, Marlon Brando, Marilyn Monroe, and Janis Joplin. I have seen, combined, what few other living people have seen. I've seen the rotting fruit in California during the Great Depression, I've seen the planes dropping bombs over Europe, I saw the parade through New York when people opened their windows and shouted “Hooray for Happy Hoover.” I've seen and gone through a lot, and as a result I believe I do have a small portion of wisdom and a good memory.”
“Silver is beginning to look interesting to me. About a month ago, I showed charts of silver mining stocks that had exploded. This suggested to me that something bullish was coming up in silver. Since 2003 silver has gained 1,012%, and in doing so it has outpaced gold.
At present the overgrown supply of silver is dangerously low. This sets us up, say silver experts, for a huge squeeze on the silver shorts. On the Comex there is currently a giant silver position, a position that almost dwarfs the available supply of free silver.
The chart below looks interesting. Silver reversed a declining trendline and then silver dropped to test its 200-day MA, where it held.