Good News — the Impending Gold & Silver Launch
Friday, 27 April 2012
“The Fed is transferring immense wealth from the middle class to the most affluent, from the least privileged to the most privileged.”
Mark Spitznagel, Universa Investments L.P., 4/19/12
Since late February, 2012, The Cartel* has ground Gold and Silver Bullion and the Mining Shares Prices Down. This is especially frustrating for those invested in Mining Shares, because they have been Technically “Due” for a Powerful Breakout for weeks. (As “Paper” Securities, Mining Shares are especially susceptible to Cartel Price Suppression.)
But the Fundamentals for Bullion and Mining Shares are ragingly Bullish. With Central Banks having added Trillions in various forms of QE (i.e., Money Printing) in the last three years, the Purchasing Power of the Fiat Currencies increasingly continues to erode.
This is what happens to all Fiat Currencies when the Nominal Value of the Money Printed exceeds the Real Value of Increases in Goods and Services produced. So it is not surprising that The Cartel continues to relentlessly attack Precious Metals and Tangibles Prices.
The Cartel wants to have investors continue to be wedded to its Paper Fiat Currencies and Treasury Securities because they are the source of its Power and Wealth.
In sum, by its ongoing Precious Metals Price Suppression operations, the Cartel is conducting an intensifying War against Positive P.M. Sentiment.
But Price Suppression of Gold and Silver Shares and Bullion can not last.
Jim Sinclair explains why
“The European Stabilization Mechanism Treaty due to pass in July this year will take care of whatever money is required by Spain or any other Euroland nations for effective bailout. It starts with $700 billion in capitalization and has an open call for additional capital infusion with no limit placed on these calls and no further agreements required.
“New additional capitalization called on by this treaty is mandatory, not elective and therefore will go to infinity.
“The member nations have 7 days to pay up when ordered to by the management of the EMS who are protected against any form of attack or litigation to legislation. It will be backed by the US Fed via swaps while the US publicly denies it is adding any capital to the IMF or this new entity, ESM.
“It is the mechanism for QE to infinity in Europe.