MUST READ: What Has Happened Since…
by Andy Hoffman, MilesFranklin.com:
In the wee hours of September 6th, 2011, “DOLLAR-PRICED GOLD” reached an ALL-TIME HIGH of $1,920/oz; forcing TPTB to “go into action” with “OPERATION PM ANNIHILATION I”…
Clearly, they were so terrified of gold zooming past the VERY, VERY KEY ROUND NUMBER of $2,000/oz, they initiated this attack simultaneously (actually, five hours before) one of the most PM-bullish events of the CENTURY; i.e., the Swiss National Bank devaluing the supposedly “safe-haven” franc by 7%, pegging it to the collapsing Euro. As you can see above, gold surged back above $1,900 when the announcement hit the tape around 9:00 AM EST; but the Cartel would “have none of it”…
Swiss Franc Collapses 7% – SNB to Fix CHF to EUR and Debase Currency
At the time – just 19 months ago – the main “catalysts” of the PM surge (gold to $1,920/oz, and silver to $43/oz) were identified as the following…
2013-04-13 20:15:10
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