from Gold Silver Worlds:
The first red flag of 2013 was undoubtedly the spectactular gold and silver price drop starting April 12th. The ferocity and speed of the were beyond any measure of what could be described as “normal”; we all remember the calculations which showed 6 standard deviations of the price decline (an event that statistically would occur once every 2 million years).
We have written repeatedly that our core assumption was the precious metals crash was the first sign of a bigger economic or monetary event to come. In fact, in our co-authored piece “2013 – Start of Seismic Shifts in Money, Metals, Markets” we made the following statement: “At this point, we have enough confirmation to accept that the gold and silver crash was the first shot across the board of what is to come.”
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