The recent dramatic Gold and Silver Price Takedown revealed the playing out of Mammoth Market Forces with Effects far beyond the Precious Metals Market. Monitoring these Forces is Essential for Investors going forward.
Among other Effects the Precious Metals Price Takedown demonstrated that the Prospects for certain Key Commodities Price launches soon are better than ever (but of course from lower levels).
It also demonstrated that even higher Price Targets sooner are now in store for these Key Commodities and Gold and Silver.
Why? The recent Cartel (Note 1) coordinated Takedown was effected by the selling of 500 tons ($25 billion) of paper Gold – representing 15% of all annual mine production. Total contracts traded represented about 3,000 tons. If all that were Physical, it would not be feasible, and probably not possible, to make delivery. Only The Cartel or a Major Catastrophe could have created such an 8 Standard Deviation Event!