The Swiss Just Got off the Train - Who's NEXT? The Whole FACADE is BREAKING DOWN!
By de-pegging , it is the first move by a central bank, saying “we’re getting off this train. We’re going to start looking out for Number One.
“ Probably the Germans will be next! They may go as far as leaving the European Union. They are so frustrated for having to foot the bill of the PIGS.
It is the first crack in the façade that all these banks are in it together. This is all very positive for the precious metals.
As more central banks start doing what Switzerland is doing, this whole façade is going to start to fissure and break.
As more central banks start doing what Switzerland is doing, this whole façade is going to start to fissure and break. They’re all working together through the BIS (Bank of International Settlements) on this ongoing suppression of the gold price. That may begin to fissure and crack as well.
Ken Hoffman is a senior guy and Mining Analysts at Bloomberg, and I have interviewed him numerous times in the past year. He went on Bloomberg TV in December of 2014 and matter of factly stated that “What’s most interesting to me is what happened to all of the gold.
He said he used to be able to walk into the vaults in London and they used to be stacked to the rafters with bars, and now if you walk in, the vaults are virtually empty!
26 million ounces of it – gone!
They may just begin to give up, because, if the gold’s not there.. we may very well be at the end game. I am 100% convinced we saw a ‘paper floor’ put under the paper gold price way back in December. This year is going to be a resumption and a recovery of the bull market.
Three days in a row the price of gold has been hit at 2:00 Eastern, in addition to the 2 am. Time. So they are now attacking the price twice a day. And the S & P at 2:00 Eastern time, the S and P is driven higher. Every effort is being made to maintain these illusions through electronic trading. They can keep it up for a little while longer, but not indefinitely, that’s for sure.
Buy physical gold, while you can. If you wait, you won’t be able to get gold. The time to be stacking is now. The paper price may be down, however, the metal has never been more valuable than it is right now. If you have to ask yourself if you have enough, you probably don’t!
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