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The Economic Collapse Has Accelerated As Gold Prices To Drop Further! Prepare NOW!

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Collapse is at hand!

Exact same happened august 2008 with pm’s right before Lehman brothers went bankrupt

 

1550…..now 1477?

Reports suggest that a 4 million ounce (124.4 tonnes) sell-order, worth $6 billion (Dh22 billion) at current prices, by a large investment bank spooked the markets and led to this decline.

“It appears that the significant selling pressure last Friday was amplified by a four million ounces (124.4 tons of gold) selling order, to be executed on Comex opening. This was clearly too much for a relatively empty market to handle, and the initial pressure resulted into waves of selling, which in turn attracted further selling all the way down,” Gerhard Schubert, Head of Precious Metals at Dubai-based Emirates NBD, wrote in his weekly report.

http://www.kitco.com/market/

Gold prices to drop further

Mumbai/ Chennai, Apr 14 (TruthDive) : The crash of gold prices has sent shockwaves. It was seen as the safest investment but now seems to have burst, finally.

Four percent has declined in the international market since yesterday evening. In India, the decline was 3.5% of gold and silver prices too fell yesterday. Most analysts predict that the downturn would continue.

http://truthdive.com/2013/04/14/gold-prices-to-drop-further.html

#2 Gold

The price of gold was down by about 4 percent on Friday. Gold has now fallen below $1500 an ounce for the first time since July 2011. Overall, the price of gold has fallen by about 10 percent since the beginning of the year, and it is about 22 percent below the record high set back in September 2011.

Read more at http://investmentwatchblog.com

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    Total 16 comments
    • Anonymous

      Dont believe the spin, gold dipped in 1979, by 50% before exploding 400%. History repeats, baracuda lies, listen to all, trust no one.

      • CPL

        I think anyone that is considering a silver position should go short, heavily. Leverage the extra margin given on the trade and bet the whole farm on it.

        Or buy heavily into ETF instruments like DSLV and HZD with everything they own to make a fortune on the coming silver and gold crash.

        Go all in, go into a hard short position with every piece of margin leverage you can afford. Best bet is to bet the house on it. Take out money on the line of credit and put it into the silver short market.

        It’s so easy, these are the best ones to get involved with.

        DSLV 3X Inverse Silver
        HZD x2 Inverse Silver

        • dj

          You hate the human race don’t you? Don’t listen to this fool. Buy and hold. You will be rewarded.

        • Chief

          You are so obvious … any investment guide will tell you, don’t bet everything on one thing. So, just from this perspective, you are suspicious. Other tell-tale signs are that you advise maximum leverage including the house, and finally your attitude is typical of the hateful jew trolls that abound.

          This drop in metal prices is the PAPER price dropping, while there is a global scramble for PHYSICAL metal, at increasing premiums over spot price – SO PHYSICAL COSTS MORE THAN PAPER GOLD AND SILVER. This is the start of a collapse of the paper gold and silver markets. This is already predicted and explained by fofoa.blogspot.com.

          People, this is your last chance, all fiat currencies are about to become worthless. Take money out of banks, sell all paper investments (stocks, bonds), buy SILVER COINS, storable food, water, protection, medicine. The mother of all crashes is about to happen, within days.

      • Pharisees.org

        Barracuda lies. And what is really going on is a guess, but my hunch is gold is being transferred in payment of debt by a country to IMF and to increase IMF’s loot of gold, they dropped the price. The IMF wants to know everything about a country’s gold because gold is money.

        /watercooler-topics/2013/02/worse-than-mafia-2431638.html

        /watercooler-topics/2013/03/gun-grab-ahead-of-banker-looting-2432058.html

        /spirit/2013/01/forgeries-1-peter-2-peter-2474908.html

        /spirit/2013/04/pauls-new-law-2477100.html

    • ankykele

      Check out www dot mantisintel dot com. They have a complete list of all the US companies that are providing information to DHS and FEMA. Its under National Security State. You can also see the complete Defense, FEMA, DHS architecture. Incredible!!

    • KNOW

      This is a COS…go long? go short? might as well go FUS, the whole system is based on manufactured propaganda, just like the MSM. Where is the market for precious metals going?? Anywhere the PTB want it to. MSM moves the market on a daily basis with their MANUFACTURED NEWS. Clinton repealed the Glass Steigal Act which protected the small investor. Congress has access to insider trading information…the small investor is fkd. If you have physical gold, hold it. If you have paper gold, sell it, before they tank this market, which is exactly what they plan to do. Drop the price of gold and watch the panic set in. When the elite have finally raked in all your gold, they will then raise the price and line their own pockets once again. Then they will come to the rescue once again with their gold backed currency….anyone see a pattern here? You can look at all the charts you want, but as long as the elite have control, you will never be able to successfully predict this market…Fibonacci only works in a natural environment not a corrupt one.

      • KNOW

        The Globalists do not want gold in the hands of the peasants. If we have gold then we can create our own monetary system and won’t need them ;)

      • dj

        You are so correct.

    • vic_ious

      My 2 cents on this:

      1) The central banks around the world are forcing southern mediteranean states to sell their gold and want to buy it at lower prices.

      2) The fed wants people to put money into equities and treasuries, thus crashing the price of pms and causing margin calls.

      • sharptail

        in the past investors with leverage were forced to sell gold to make margin calls; then it went back up later…DHS Insider guy said they would crash PMs before engineered $$ collapse, so watch out

    • Anonymous

      Total B.S. by Barracuda again. This just happened with the silver prices a few years ago J.P. Morgan, B.O.A. and Chase were the main players then. This is tied to the Libor scandal. All the panics in the late 19th century were caused by extremely rich people playing such tricks. If one of these entities were to sell all their gold in one fell swoop, another such entity would be waiting to buy it back, plus all the newly devalued gold of the peasants.The two would be cousins. It is a simple gentleman’s agreement. Both win because it was agreed upon beforehand.The version that just happened with silver is closer to this “panic”, and that is all it is… now we have fiat currency manipulation somehow tied into this even though everyone is realizing that it is worthless, everyone does not want to be the last or the first to pull out. :lol:

    • sharptail

      NO, don’t short it; that was already just done by the banksters wanting alow price before the $$ collapse; smarter people like Peter Schiff note that this is a manufactured sell with Goldman SadSachs sell recco; probably bottoms at 1100-1200. The financial crisis is growing and not waning

    • AUSSIEwill

      to all you suppressed brains and living a life by an ancient storybook,,,here is your god Gold, Oil and Drugs GOD

    • jdollar0622

      It spooked them alright no one had 4 million ounces of Physical to sell!!Lol

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