Gold Broken.......sell Gold

 THAT is the headline you are intended to believe. THAT is what is being told to the proles by the main bank that functions as the arm of the Fed. Goldman Sachs issues a headline to sell Gold because it is acting in YOUR BEST INTEREST. Goldman is concerned that you may be buying gold at these levels. These are the same altruistic claims that it had in the months just preceding golds 1900 price a couple of years ago. Remember? Oh surely you haven’t forgotten already. Goldman and JPM were issuing price targets two years ago on gold of 2400 just prior to its massive takedown. Just like they issued long only proclamations on real estate in 2007 to clients while shorting them in their own accounts. WHO DO YOU think was selling into those public proclamations. Where are we now? We are now over two years later and gold has corrected 40 % in a brutal bear market, destroying all the optimism in the protection this barbaric metal is supposed to offer in currency debasement and uncertainty. How can one NOT be impressed by the efficiency of the Wall Street machinery. I cannot say I saw it coming but I can say that Red and Joe both expected it which prepared me for it and now that I hear GS giving a “Sell gold” proclaiming it to be a no brainer…then one must ask themselves the question….IS GS and JPM buying here and preparing to go long?