May 1, 2017
What can be said about precious metals markets in 2017? Gold
and silver prices slid through most of the final four months of 2016, virtually
wiping out all of the gains of the year.
Regular readers were told
that this was going to happen. It was “the
which was the subject of several 2016 commentaries. Readers
were also told to expect a “crash”, both in the broader markets as well as
This is the agenda of the banking crime syndicate known as the
. This crime syndicate encompasses virtually all of the Big Banks
of the Western world, as laid out in the
of a trio of Swiss academics, first presented in an article in Forbes
Via manipulative, computerized trading
(so-called “HFT trading”) the One Bank is able to march markets
higher and lower just as easily as a puppet master maneuvers a marionette. So
where is the crash in precious metals? Where is the crash in the broader
It’s coming. The fact that equity markets (mostly U.S.
equity markets) have been marched higher to even more absurd valuations does
not mean there will be no crash. Rather, it simply means that when the bubbles
are detonated, the ensuing crash will be even deeper and more violent. This
must be true, for several reasons.
In the simplest terms, there is very little profit for the
banking crime syndicate in continuing to prop up these bubble markets, let
alone push them even higher. It takes an increasingly greater percentage of the
One Bank’s time and energy just to maintain these perverted valuations in
(Western) equities and (Western) bond markets.
This leaves a proportionately smaller share of time and
resources to devote to the One Bank’s favorite activities: scamming and stealing.
It would (will) be much easier for the banking crime syndicate to profit from
staging yet another crash than to expand the bubbles to even more obscene
There are three hugely important reasons why down must be the principal direction
for our markets going forward.
- With valuations in bond/equity markets at such
ridiculously elevated levels –
– it requires much less energy to pull markets down than to push them up. This
means greater profits from going short versus going long given the same amount
Because it is the banking crime syndicate which
drives our markets with its manipulative trading algorithm, the One Bank always
gets to place its (huge) bets
any time a change of direction is scripted.
86-year-old long-term ‘investor’ Warren
is sitting with $85 billion
cash for a reason.
This is why we have these regular bubble-and-crash cycles.
In a normal world, with legitimate markets, those markets would tend to mostly
drift sideways, only occasionally
surging up or down in response to some temporary or permanent change in the
economy at the macro level. But there is very little profit for criminals to
make in such markets.
It doesn’t matter if you get to place your (crooked) bets first
in markets which go sideways. You can’t scam people for much when prices don’t
change dramatically. Legitimate markets are simply “bad for business”.
will arrive, sooner rather than later, because it must arrive. Gold
and silver must go
down before they
can go up (much higher). For precious metals bulls who refuse to accept this
logic, ask yourselves this: what is going to drive these markets higher if they
are not first pushed down to utterly ridiculous levels?
Precious metals markets are
manipulated, ruthlessly and without interruption. Presumably, anyone reading to
this point is already fully aware of that reality. Evidence exists all around
us, presented in
in numerous previous commentaries.
For the few Skeptics, perhaps a direct confession from one
of the One Bank’s senior henchmen is in order:
…central banks stand ready to
lease gold in increasing quantities should the price rise.
Testimony of Federal Reserve Chairman Alan
For readers who do not understand bullion “leasing”, this is
a fraudulent transaction in which (central) banks engage for the purpose of
dumping bullion onto the market (to depress prices) without officially selling
it off of their balance sheets.
This form of fraud was first
exposed by the esteemed James Turk, in an article from
September 20, 1999 (A
Fraud, By Any Other Name Would Still Smell):
A bullion bank
leases Gold from a central bank, but the bullion bank does not let this Gold
sit in its vault. With the full knowledge – and usually even with the full
cooperation – of the central bank that owns the metal, the leased Gold is sold
into the market by the bullion bank. Are you shocked? Well, it is very
understandable that you might be because the lessee is selling the asset of the
lessor. It is a fraud, but the lessor condones this practice because the deception
serves his purpose. As Alan Greenspan so clearly stated in testimony before
Congress last year: “Central banks stand ready to lease gold in increasing
quantities should the price rise.”
that is such a 20
th century way to manipulate a market. In the 21st
century, it’s much easier to do it the new-fashioned way, with trading
algorithms. The same algorithm which pushes equity markets up and down also
functions equally well in commodity markets and even bond markets.
principal fuel for this algorithm is propaganda. As explained in the computer
model previously referenced; the One Bank controls 40% of the global economy.
One of its many tentacles is the Corporate media.
media oligopoly is fed its script each day (all publishing identical
propaganda), that propaganda is fed into the algorithm and processed, and the
result is price movement in any/all markets in the desired direction. It is
only when the bankers choose to push markets against strong short- or long-term
fundamentals that additional “pressure” is required.
such pressure is not only being exerted on precious metals markets, it is being
exerted on all markets to maintain low prices in precious metals and
(simultaneously) maintain high prices in other markets. Just as equity/bond
markets can soar so high that it becomes totally impractical to push them
higher, the reverse is true when markets (such as gold and silver) are pushed
longest/strongest rally in precious metals markets in roughly 40 years occurred
immediately after the Crash of ’08 – where gold and silver prices were
ruthlessly taken down to utterly absurd levels. The same boomerang effect will
take place following the Next Crash.
and silver prices must be taken down with the broader markets because the One
Bank is permanently obsessed with concealing one of the primary virtues of
precious metals: they are the ultimate
this an obsession with the banking crime syndicate? Because if people still
knew that gold and silver protected their wealth (primarily from the bankers),
then they would continue to maintain a significant gold/silver component in
their portfolios as people have always done throughout the history of markets.
Typically, gold and silver represented a 5% - 10%
component in every portfolio. In times of uncertainty
(as befitting a Safe Haven) that percentage would rise significantly. Today, we
live in more “economic uncertainty” than at any time in the history of our
nations, as explained in a
, When the Tidal Wave Hits.
We have historically unprecedented levels of debt . That is a house of cards waiting
to collapse. We have historically unprecedented asset bubbles in terms of both
their number and their magnitude. That is another house of cards waiting to
collapse. But it gets much, much worse.
The currencies of our nations are worthless.
The authority for this is none other than former Federal Reserve Chairman,
B.S. Bernanke :
U.S. dollars have value only to the extent that they are strictly
limited in supply.
But Bernanke did not “strictly limit” the supply of U.S. dollars. He engaged in
the Bernanke Helicopter Drop, the most-reckless dilution of a major currency in
history. In four years, he quintupled the supply of U.S. dollars – quintupling
a supply accumulated over the previous 80 years, combined.
Despite this unprecedented economic
uncertainty today and the extreme “risk” (certainty) of an economic cataclysm
tomorrow, average holdings of precious metals amongst the Western population is
less than 1%. Not the 20%, or 30%, or 50% needed to provide genuine financial security
– less than 1%.
not represent security.
Western real estate markets are
of all, with many of these markets having been pumped up for
well over a decade. Only one
is not presently at a bubble valuation: precious metals.
Our broader markets must go lower,
because that is absolutely essential for the “business” of the One Bank:
financial crime. Precious metals markets must go lower over the short term (as
previously explained) because this is also an integral component of the One
Then gold and silver markets will go
much, much higher. They will do so not because the banking crime syndicate
wants it to happen, but because the costs in trying to prevent such a rise
would do even more damage to its crime empire.
Our markets are much more perverted
today (to the upside) than in 2008. Gold and silver prices are already more
perverted (to the downside) than in 2008. The rally which will ensue in these
markets following the Next Crash will dwarf the gold and silver rally from 2009
Do not try to “time” these
Never sell your
(physical) gold and silver bullion. When precious metals prices are pushed down
to even more absurd prices there will likely be
This was true for the silver market
during the Crash of ’08, it will likely be true with the gold
and silver market during the Crash of
‘17(?). The way for readers to “prepare” for the short term decline in gold and
silver prices (and the rally which lies ahead) is to do their final buying now.
Jeff Nielson is co-founder and managing partner of Bullion Bulls Canada; a website which provides precious metals commentary, economic analysis, and mining information to readers and investors. Jeff originally came to the precious metals sector as an investor around the middle of last decade, but with a background in economics and law, he soon decided this was where he wanted to make the focus of his career. His website is www.bullionbullscanada.com.
The views and opinions expressed in this material are those of the author as of the publication date, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.