gold

Rory Hall – Something Is Broken In The Gold And Silver Markets

Earlier today I was speaking with Dave Kranzler and we fell into a discussion regarding the current state of gold and silver. This is how I described everything to Dave as we talked:

Beginning in December, as Dave pointed out in Is The Global Financial System On The Brink Of Collapse?, something happened in the derivatives market and I believe something broke and there has been an ongoing smoldering fire just under the surface. The criminals at the too big to prosecute mafia organizations, formerly known as banks, have been doing their level best to keep the fire from coming to the surface. The desperate behavior by the Central Planners reeks of the unmistakable scent of fear. If you think the Wall Street criminals aren’t scared right now, then explain this:

I’ve never seen so many sophisticated Wall Street’ers this scared in my entire career. – This comment comes from a very well-connected Wall Street/DC insider and is in reference to how illiquid the bond markets have become – InvestmentResearchDynamics.

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