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Much has been written about the collapse in the prices of precious metals over the
past week. Below are introductions to 9 articles that present different points of view as to what has happened, probably is still continuing and may continue to unfold in the weeks to come.
Posted by: Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds), www.munKNEE.com (Your Key to Making Money!) and the Intelligence Report newsletter (It’s free – sign up here). You can also “Follow the munKNEE” daily posts on Twitter or Facebook.
1. Gold: What Caused the Latest Bloodbath & Why
Right now gold has no friends. Even some of its biggest proponents are declaring the bull market to be over…Let’s kick around a ‘short list’ of potential reasons for what caused the latest bloodbath. Words: 1170
2. Gold & Silver Plunge Is Just An Expected Reversion to the Mean – Nothing More
The recent plunge in gold prices below $1500 an ounce has suddenly awoken, well, just about everyone. The “gold bugs” are yelling that it is a conspiracy theory by the Fed while the stock market bulls say it is a sign that the Fed has achieved its goal of creating economic growth. Unfortunately, both arguments, while great for headlines, are wrong…The simple truth is that…
3. Drop in Gold & Silver An Attempt to Crush PM Advocates
Everyone personally holding physical gold and silver, as we have been recommending, has no margin call to meet and no reason to sell. This is a temporary situation, and it will pass. Now is not the time to panic, as that is the intent of the central planners/bankers in forcing gold and silver through strong support levels. Stay the course. To the extent you can, continue buying the physical metal.
4. The Best Article On “What Happened to the Price of Gold & Why?”
What happened?! is the question so many are asking about Friday’s waterfall in prices. A better question is, “Why?” Outside of the insiders, no one really knows. Yes, there can be some fairly cogent explanations, lots of glib answers, but no one knows, for sure. What we do know for sure is that the market is always the final arbiter [and this is what the market is saying:]
5. You’re Being Played! Don’t Sell Your Gold! It’s Going MUCH Higher – Soon!
The paper gold market is being used to shake the bullish tree harder this time than any time before because of what is to come. Fear is the most powerful emotion in markets and it is being used perfectly to enrich the grand names of finance at your expense. We are right in front of that time when the market performs a classic bottom both in shares and physical. From this point gold is going to and through $3500 [so] if you are unable to buy at this time there is one thing you can do – to get into the fight and out of the stands. That act is do nothing, and do not capitulate. Let them play the price game, but give them nothing whatsoever of yours. Words: 758
6. The Decline in Gold & Silver Is Being Orchestrated By the Fed – Here’s Why
By its obvious and concerted attack on gold and silver, the U.S. government could not give any clearer warning that trouble is approaching. The values of the dollar and of financial assets denominated in dollars are in doubt. For Americans, financial and economic Armageddon might be close at hand….
7. Why Gold & Silver Have Pulled Back – Some Enlightening & Reassuring Insights
David Mcalvany covers the reasons behind the major pullback in metals on April 12, and where they may go from here, in this most enlightening and re-assuring 8:14 minute video.
8. Irrationality Reigns In the Gold Market: What Is Going On?
I have no problem with corrections in general, as they are a healthy part of any bull market and provide a platform from the which the next upleg can spring but something is not quite right about the recent price action in precious metals as the markets have become increasingly divorced from reality over the past few months. Let’s look at some of the glaring contradictions and then discuss the implications.
9. 8 Reasons Why Gold Crashed & Will Likely Continue to Decline
In my article of April 5th, posted here, I maintained that in the next year, and particularly for the next three to six months, a liquidation phase in the current cyclical bear market in gold would likely develop,,,[causing gold to] fall sharply. [Below are the 8 reasons I mentioned back then which still remain relevant today.]
Good Summation!
Here are a few more points to consider:
1. All PM prices are being depressed with the help of fear mongering, as the Central Banks call in favors from the MSM.
2. The really BIG PM’s players are hoping to scoop up as much as they can, without causing the value of PM’s to rise, while putting the heat on all those that are doing paper PM trades to get out of the market.
3. This is why the availability of PM has not increased even though many have sold their positions in PM, all the paper trades are just that paper and are not being filled, while most of those that sold actual PM are having their PM held by the buyers because they feel that PM’s will soon rebound.