Somebody
out there is sure getting prepared for something really big. We have
just witnessed a takedown of gold and silver unlike anything that we
have witnessed in decades. On Monday, the price of gold had fallen by
more than 10 percent at one point. It shocked investors all over the
globe, and overall what we have just seen was the largest two day
decline in the price of gold in 30 years. The price of silver dropped
even more rapidly on Monday. It was down more than 14 percent at one
point. There was an atmosphere of “panic selling”
as investors and financial institutions raced to liquidate their
holdings of silver and gold. But was this exactly what someone out
there wanted? As I wrote about the other day,
big banks and news outlets all over the world have been boldly
proclaiming for weeks that gold is entering a “bear market” and that now
is the time for all of us to sell our gold. In particular, Goldman Sachs reportedly told their clients earlier this month that they “recommend initiating a short COMEX gold position“.
Was that just a “good guess” on their part, or was something else
going on? Were they actually trying to help create a “selling frenzy”
that would drive the price of gold much lower?Continue Reading at TheEconomicCollapseBlog.com…
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