When the elephant becomes too large and too slow to maneuver through the process of nature's law, then nature will intervene to remedy the situation. This law applies throughout all aspects of behavior in all aspects of life and we are in one of those "cleansing periods" to re-establish the balance of nature. Unfortunately in many of these events there is a tremendous amount of pain to endure until the process is completed. Violations of Nature's law carry consequences and even the massive amount of people we refer to as "sheep" are becoming increasingly uneasy with the myriad of events that are occurring worldwide....and why not.
Just look at the bombardment of events that people are witnessing almost daily and what's worse these are even suppressed on the headlines. Multiple proxy wars are being fought across the globe with casualties occurring daily in multiple sub-Saharan African countries now as Western and Eastern forces engage through direct and indirect troop involvement. The Middle East now has renewed activity in Iraq and Afghanistan as Syria continues to smolder on the back burner. We continue to send Hellfire missiles into civilian targets in Pakistan, while maintaining an increasingly fragile relationship with the Pakistani government (that we installed). Remember, Pakistan has at least 200 nuclear warheads....adjusted for the ones sold to Saudi Arabia.
The CON in CONfidence is being stretched to incredible lengths now and as critical mass is reached, there will be consequences that affect important changes in the balance of global power. There is a reason that physical gold movement is reaching epic levels to the East. There is a reason that Germany PUBLICLY asked for its gold back last year (and will not receive it). Of course we are also discovering as it slowly leaks out that Scandinavian countries and European countries have their gold also stored with the Fed. The West is waking up, but its too late. The Chinese were aggressively accumulating gold this year for a good reason. Its the end of the line for physical gold as the music stops this year.
The Central planners know the headline price of gold is critical to maintaining the fiat CON. They also know they will have to create a pivot for price. They may have already established the bottom in price as the "bottoming process" continues. Only looking back in time will make this more obvious. I will continue to sit tight at these levels on the miners and will accumulate physical. What you wish to do as headlines about the Royal Family and Hollande's affairs and Football occupy your time will be your own choice. Music is still playing so enjoy the dance.....for now.