Stock markets, gold, silver, all in the Red.  Maybe we have the 2008 crash. Just have to sit and ride it out

Take it all in and enjoy folks!

Will these next weeks/months be a great buying opportunity?

One that many have said in the past may be the last?

Prepare for turbulence.

You know what? I've found myself buying food/water/tools/guns/ammo rather than PMs lately.

I am still conflicted about the other side of all of this. I'll be making more of an effort to go off grid rather than brain power going to financials/economy/PMs/wealth preservation...just sharing...

4th

pretty used to now,

it does give you confidence to have some metal though!

It's like they are hiding around every corner trying to scare you, and after awhile it's just not that scary anymore.

With European bond yields going up, everybody except Italian banks and EC buying Italian bonds, the Japanese, hedge funds etc. running to the doors, I would be scared to get out of PM's. Now statements that the Euro is going down, and main stream media in Ireland, and I am sure elsewhere, saying move your money to Australian dollars, gold as the inevitable cannot be stopped.

I have to imagine with all the regular folks moving cash, after I am sure the wealthy have already done, we will see banks start to fall fairly soon.

I realize the EE may still be able to control PM prices and will have heightened incentive to do so at this time, but when it all falls apart, I can't imagine they will keep in control. Stay long, stay strong.

I've been following this manipulation thing for a while and here's what I'm starting to think:  At first I bought into the whole "every move in the price of gold and silver ( especially silver ) is manipulated by the Banksters.

Not so sure now.  Why is it that gold and silver mostly are moving down when stocks are and PMs are up when stocks are up?  It's just deflationary forces at play.  I do believe PMs are in a long term secular bull.  and I do believe gold and silver will seriously outperform stocks over the next few years.  But, what we're seeing is just a secular bull market with its inevitable corrections.   Corrections which are just part of normal investor psychology.

Sure, there is some manipulation.....but all markets are manipulated.  Stocks are "manipulated" when hedge funds and institutions go in to buy big blocks...they try to purchase in a way that least affects the market usually.  So, while I do believe there is some, run of the mill manipulation....It is not much different than the manipulation that happens in the other markets.

I mean the stock market's getting hammered today, gold and silver and down big too....and the dollar is up today.  When the stock market has been rallying....so has silver and gold.  How come the manipulation in the metals isn't when stocks are going up?  I mean, for the most part.....PMs are moving with stocks lately.  This is just how it works.  Bernanke will eventually print the US dollar into oblivion most likely which will begin the bubble phase of gold.  Stocks will probably respond well for a while, until inflationary pressures take over and stocks roll over.   At this point there will be a decoupling of PMS and stocks.

This is just the markets playing themselves out in this point in history.  The moves occuring in gold and silver are just due to investor psychology.  Silver goes parabolic earlier this year.  The parabola gets broken.  Silver then consolidates for many many months....It's just technical. All parabolic moves end badly whether for stocks or commodities.  I know about the 5 margin hikes for silver....but do we really think Silver was just going to keep going up like that.  I guess it wouldn't have collapsed so badly without the hikes...so yeah that is some 'manipulation'.  But to see every down day in gold and silver as huge market manipulation by the puppet masters....I think is to miss the big picture which is investor psychology playing itself out in a secular bull market with the intermediate short term deflationary moves corresponding to dollar rallies which, coincidentally is having the same effect on stocks.

I realize I may get salvoed for goring the sacred bull of bankster manipulation day by day, minute by minute on the PMS.  I think we tend to get too worked up and conspiratorial.  But, it's the conclusion I'm beginning to believe.

Another left hook for the metals. I wonder how much longer until this sham falls into the abyss? If only Europlosion wasn't distracting everyone from the real PIG, the USD. 

__________________________

http://www.wheelersilver.com

~Premium Grade Bullion~

If I didn't know that silver is in extreme short supply, and massively manipulated...... I would be shorting it...

To be frank, the chart looks like crap. Huge top back in may, lower highs and lower lows since then. The physical buying has slowed in the US, so there must not be many who know the aforementioned facts. And many, like myself are delaying purchases because of the chance to get silver in the 20's. Asia has been wildly buying since the last take down, and more interestingly, so have the CBs(gold). Maybe that is why the price has been paper pounded? So the CBs can scoop up as much gold as possible, and the morgue can shake out enough silver to meet Dec demands?

In short, I know what the charts look like, but I just cannot bring myself to trust them. I feel more comfortable following the actions of the asians. And they seem to have some buyers coming in strong when price approaches 30, heavy when it dips toward 28. I will wait for 28-30, but I don't want to get too cute and miss the opportunity by hoping for 24. Who can know when a commercial signal failure will happen..... today, next year, at any time, so don't be caught waiting.

I hope y'all have some dry powder, it looks like we'll see a major dip this week, or next.

In fact, if it works out like 2008/09 you will have buying opps from now until well into next spring.

I'm thinking it's gonna be 08/09 on steroids. The deflationary force now is sovereign collapse, not merely the collapse of big financial houses. Also remember, as MF Global has proven, don't depend on an "account" with a "trusted" third party.

The other thing to remember is to put the phyzz in your safe. Or bury it in the back yard. Don't put it in your tackle box and take it fishing with you. It doesn't float, you know.

In a criminal mind. You would want to bring down the markets so you can take down gold and silver more...under the cover of a market crash...And then you print...you start with a lower baseline in gold

"Let's see...withhold intervention just long enough to force out Silvio and replace him with your own "company man". From this vantage point, it certainly looks to have happened. Just another nail in freedom's coffin."

I wonder if the Fed might initiate an inverse plan (similar to the ECB in this manner) not to force some one out but to keep certain  individuals in?

daddy needs some shiney

interviews Dan Collins from thechinamoneyreport.com. He talks about the big news coming from China in the past few weeks, which is that the investment demand for gold and silver is going up.China's Yuan / Renminbi has 1,200% Leverage per Yuan / Renminbi as of last May. The U.S. Dollar has 120% Leverage. China looks good only because China services it's own debt load.. thru building empty City's.. 7 to 12 empty City's a year are built to service the China's Debt. The People of China and India do consume Gold and Silver and as well China has a swap window for Yuan to Gold.. But China is benefiting from true price discovery in Gold and Silver prices. Protecting their Fiat 2!!

http://silver-shortage.blogspot.com/

"In other words, are mining stocks influenced predominantly by the metals, or the general market.  The perennial question for speculators."

Miners are at the mercy of these thinly traded markets for now.  Have been pretty much all year.  They are getting to the point though where positive cash flows and earnings will force them higher despite what the broader markets, or the dollar index does.  Even a knock down of the POG to under 1500 will not be able to keep many of them down for long.  Many of the major producers have cash waiting to be put to work at times like these.  Look at what happened to Jaguar Mining (JAG) just last week.

I've been asking this question in many different ways.   Yours is superb and corresponds to many sources of info.  Thank you.

The Pig usd all gussied up in lipstick & whore's heels looks relatively better in comparison as they sacrifice everything for its allure. I'm not going for the fake. I expended some powder for the precious knowing that lower down there is none to be had, at least in my environment. As my mom used to say,"Hang in there. This too shall pass."

Best of luck to all.

Cheer up folks.  The end of the year is the perfect time for a smash/takedown... it will make all your new 2012 bullion issues that much cheaper.

But fitting nonetheless...

And since we're on the subject, my all-time favorite U2 song...

MF Global Trustee Says Commingling Shortfall May Be Double Previous Estimate, Could Reach "$1.2 Billion Or More"

http://www.zerohedge.com/news/mf-global-trustee-says-commingling-shortfall-may-be-double-previous-estimate-could-reach-12-bil

Just like your eyes were opened about silver, gold and our monetary system, your eyes will one day be opened to the many conspiracies/truths that are orchestrated by our own government and the elite to enslave humanity.

America was/is their hardest obstacle.

http://www.tfmetalsreport.com/comment/78791#comment-78791

But PM's should balance between the recession and deflation brought price decreases and future expected unavoidable inflationary event. I guess the current prices are close to this balancing point, and, as months move on, so will downforces increase BUT at the same time inflationary event(s) will come rapidly closer raising the expectations. I also expect oil to turn into inflation hedge in spring 2012 (in USD) as well as other commodities.

TF thats some good audio! tnks ,please do share o prescient one :)

Edit obviously I most certainly don't have the"gift", as You posted Whilst I were still typing :)

I did after the last raid, and now it looks like it's time to do so again! This manipulation is nothing more than a gift - when the PMs take off like a rocket, we'll all be remembering these "good old days" of fire sale prices! Get it while you can!

My last sentence became the next poster's title!

I am listening to the Comiskey podcast as I write. What is striking to me now, after all the focus on Halloween as the turning point, is the prescient comment made by Katie Rose, a goat farmer, about the EE doing something big around this time. Hearing Jim speak about the huge theft from his customer's accounts is just maddening. I don't know how many other brokers there were at Lind-Waldock but the multiplier effect of how many accounts and the dollar amounts in them that were blatantly robbed is just mind boggling.

In spite of the rambling, I appreciate the podcast, especially that I am able to listen and peruse the site without losing the audio feed of the interview. thanks Turd. It is also good to hear that Jim has landed on his feet with a new job, albeit a bit bruised and bloodied. I wish him all the best!