Gold Devastated

The scorched earth policy continues for the precious metals trade. New longs convinced to jump on the most recent “bottom” with leveraged positions were slaughtered by the Friday ambush. Running their stops was like shooting fish in a barrel for the boyz. More importantly bullion buying was very strong but an undercurrent of desperation by the Central bankers is evident with capital controls now showing up in many areas to blunt the bullion accumulation. India instituted restrictions on accumulation of gold bullion as did France by stopping the shipment of all forms of gold through the mail. Things are reaching a critical stage if you’re trying to find a way to preserve your wealth. Do you time the market and try to ride out the last 10%? Do you go to cash and have a 1930s bank holiday and overnite devaluation of say….50%? Do you own physical bullion and have it in some form confiscated by either direct confiscation or an indirect form of confiscation through capital controls or taxation? Let’s not even talk about bonds…Bill Gross squawks enough for all of us on that bizzarro world. 
We have truly entered the Twilight Zone. I feel like owning General equities here is playing Russian Roulette with a revolver that has 5 bullets in the chamber. I think with one empty chamber its going to be an uphill battle to win unless I get to go second. Friday was just another repeat of all the other NFP Fridays and should surprise no one. I will admit that watching just how efficient the slaughters are gives me a sick admiration of the cabal and just how diabolical they are. It “almost” makes me want to be on their side until I stop and look at the “other” headlines they are responsible for. Active military conflicts in over 70 countries currently. Tens of thousands of civilians as casualties this year alone and NO main stream media coverage. The entire Middle East in collapse with the exception of a few countries whose dictators we receive complete cooperation from in countries like Saudi Arabia and Yemen. Of course our use of special ops to help these governments to violently quell their opposition goes unreported on our media. We have truly entered the Twilight Zone.
We’re still trying to decide what the metals are going to do. Short term EVERYONE is convinced the cartel will hammer the headline gold and silver price short term….maybe even new lows. It still does NOT matter to me. Just because they’re on the short trade does not mean that they won’t turn this on a dime. Remember its a Twilight Zone and their game is WASH RINSE REPEAT. gl and sorry if your ass needs an ice pack……