The Phaserl


Bear raid on gold and silver unlikely to depress prices much beyond this week

from Arabian Money:

Bullion banks and their professional hangers on have staged a bear raid on the gold and silver markets this week. It’s the wartime equivalent of a diversionary raid that attempts to temporarily distract the attention from the true battle ground.

With stock markets stuck around all-time highs and the US markets facing a massive reversal if Elliott Wave theory holds true then it is pretty obvious that this is where the real battle will be fought. D-day was on the beaches of Normandy not up the road in Calais as the allies tried to fool the Germans in to thinking.


Only yesterday we published a graph showing how the monetary base and gold move in step (click here).

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