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Why the Sell-Off in Gold? A Far-Fetched Opinion - Ellis Martin Report-Opinion

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Why the Sell-Off in Gold?  A Far-Fetched Opinion.

By Ellis Martin , Editor The Ellis Martin Report                                                                     

April 12, 2013

 

Today we’re experiencing one of the biggest precious metals sell-offs in recent times happening in just one day.  What’s the trigger?  What’s the significance?  What does this symbolize?  What should you do?

Here’s my far-fetched opinion:  At the end of the day or first thing in the morning as it stands right now, you can’t buy anything with gold or silver except for cash!  And that’s what they’re all doing.  All of those folks that have stacked and I am  talking about bigger folks than our readers.  The only tradable commodity post market collapse is still the greenback, the US dollar.   There’s not enough gold and silver in the system, in the hands of the public at large to make this far-flung far-fetched philosophy of hording precious metals for the Zombie Apocalypse worth of a third-dimension based reality.  Ain’t gonna happen.   Dollars will still buy whatever bread you’re going to be able to find. 

 

Furthermore, the Federal government, the Fed,  the Federales and those in control of the NWO can’t control you if you’re bartering outside of ‘the system’.   So in a triangulation of suppressions, gold and silver are being killed off and being sent bank to the 70s making states rights a non-issue.  By that I mean states that are pushing for independence from the Federal Government and the greenback, in advance of the Financial or Otherwise Zombie Apocalypse as a giant FU to the leftist imposers in power. 

 

Coupled with the above is my truly far-flung cow-patty-ish theory that those in the know-know have knowledge of Kim Il Un’s forward-thinking vision for the United States and anyone associated with the Land of the Free and Home of The Bravery  (http://www.thebravery.com/).  The real possibility of either a limited nuclear war or aggressive conventional war involving North Korea could in an instant throw the financial markets into automatic displacement…..the kind of displacement a sinking cruise-ship has on a pond.  This not unlike the aftermath of 9/11.   Only much worse.  At that time gasoline became a real bargain at less than a dollar, mostly because everyone was so shell-shocked they couldn’t drive.  The ripples from that event are still ongoing….and war with Korea, well that’s huge.  It’s not a war with a country that has no investment in weapons of multiple means of destruction…and someone wants a piece of us.  Who helped arm Korea anyhow?  Could it be the Chinese?  Could it have been the Russians? 

Do these two ‘former’ enemies have an interest in killing off what’s left of our culture and economy?  The end result for them being bargain shopping for American real estate  or anything else that they want to purchase in the US?   Buy low and keep it all.  And folks in the know-know this.  And the rest are panicking or cashing in..and selling at levels that are still high compared to two or three or four years ago.  Yes, gold and silver are not at their highs, but they’re not far from them if you look at a 5 year or 10 year chart.  So, time to cash out and tuck oneself away in your personal casbah hideaway.  Cash is still key.  Sit it out like the smart and wealthy did during the great depression.  Moviestars and bankers haven’t a care in the world now. 

 

Yes, war is coming.   Collect your cans of beans, soup, beef jerky, your boxes of cereal soy-milk, chile, water, pickled cabbage….hoard bottled water….and sit it out.   Gold is no longer sustainable.  It has too many enemies.  According to Lynn Boyden, Information Architect, noted big-mouth and opinion holder, “Gold has never been sustainable from a systemic point of view.”    I concur. It hasn’t.  

http://www.ellismartinreport.com/node/210

copyright 2013 Ellis Martin  all rights reserved. The opinion-piece may be re-printed in its entirety with credit to author

[email protected]    http://www.ellismartinreport.com 



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    Total 4 comments
    • iamamerican

      WRONG! gold has always been valuable. These despots in power want you to panic and sell of your gold so they can buy it up and hoard it.

    • Fred C Dobbs

      All government issued one ounce silver coins, 10 ounce and 100 ounce silver bars were sold out at my local coin shop. I saw the last 32 Maple Leafs leave myself. They only had one ounce silver rounds and those were being purchased too. Gold was available but I did not ask what supply they had. Like the Russians, Chinese and Indians I will keep buying too when I have the federal reserve notes and if it is still available.

      Tulving still has some silver but the many products are sold out.

      http://www.tulving.com/goldbull.html

    • BEEF SUPREME

      “Gold has never been sustainable from a systemic point of view.”

      This is a meaningless statement. The author’s response to this meaningless statement was:

      “I concur. It hasn’t.”

      What exactly is it that the author concurs with? Why is gold not “sustainable” from any viable point of view? Are Eastern Central Banks amassing this commodity because they are somehow deluded into mistaking value where there is none?

      The opinion of this author, as well as the author of the quotes provided, are as valuable as the fiat currency the authors both advocate for.

    • Mr A Hole - PHD, BSE, HN51, ADHD hons. DVT HIV

      What a blatant con trick article and I’ll give you the real reason gold has been hit so hard.

      Bullion investors who allowed their bank or broker to hold their physical gold, have been demanding the actual return of the physical gold, in massive quantities.

      The banks and brokers treat physical gold like cash. I.e if you’re holding one ounce you can lend 10 out in paper, usually safe in the knowledge that not every customer will come at once to empty their account.

      Now say you’d been selling paper gold at a ratio of 40-1 not 10-1 (think JP Morgan et al) and just 2% more of your customers want you to deliver their physical gold and you dint have it.

      What if those customers.who demanded it were actually the biggest gold depositors….. Say 500 tonnes… And you had a 90 day deadline to deliver, but you no longer have 100 tonnes, let alone 500…. If you were one of the largest, most corrupt financial institutions in history, perhaps 2nd only to the catholic church.

      What would you do? You and your buddies would 1st of all.crash the value of physical gold. You’d thencall on your other Masonic buddies in the media to flood the public with scaremongering and messages to sell…. You would then buy up the gold with soon to be worthless cash, in order to service your client with his physical gold.

      Meanwhile you also stock up way over the 500 tonnes, at a much lower market price to cover tour losses servicing your client.

      You then inflate the price of gold back up and sell off the remaining whilst also selling paper at a.40-1 ratio.

      It really is that easy.

      You never sell gold on a one day crash followed by thousands of stories planted not just in the MSM but sites like this.

      2 more facts. Only 4 people own all of the cash for gold shops and sites.in Europe (can you guess who they are….??)

      And finally. The person who posted this.. Mr Rolls. Has the highest amount of disinformation stories on BIN.

      Article is BS propaganda and is more see through than Jamie Dimmon.with all the s**t kicked out of him.

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