posted on Apr, 18 2013 @ 01:39 PM
OK, had a few days to absorb all this and sit back and think.
Thanks for the fantastic input in the thread, great reading!!!!
So, lets look at Gold. Why did the "insider" say watch the metals for the beginning? I might have some input for this call.
What would happen around the world if there was a Bond panic? I reckon that would be a pretty epic event and a good starting point for further doom.
However this is not really "just an insider's" information, most financially savvy people know this I suppose.
What happens to Bonds when there is fear of inflation?
What makes it appear there could be inflation?
What has happened recently in Japan?
So, I reckon that the smash down in gold was to do with the massive Bond program the Japanese are embarking on. If Bonds wobble there and confidence
goes then the rest of the world will follow, I think.
Look at the physical purchases in Japan after the smack down in Gold:
Nearby at Ginza SGC, a gold merchant, buyers had taken about 6 kg (13 lbs) of gold home by early afternoon on Tuesday. In one case, a 60-year-old man,
who asked not to be identified, walked out of the store with 500 grams of gold for about 2.2 million yen ($22,500). At a special gold exhibit
organized earlier this month at the Matsuzakaya department store, staff said that an 18-carat gold Buddhist bell used in a household altar to honor
deceased relatives was selling well. It was priced at 4 million yen.
"I actually think it's the beginning of the end…When you have 20 years of pro-cyclicality of thought manifesting itself in the way that it has in
Japan…I am not naive enough to think I can predict the end of a 70-year debt super cycle with any kind of precision, but looking at the changes in
the qualitative perception of the participants is something that I think is key to the situation and we saw a big change on Friday."
but what you can do is follow where I think the stresses are going to show in the marketplace, but more importantly, you have to get into the
heads of the participants because they all have a collective sense of fatalism. When you do the quantitative analysis here, you know they are
insolvent. Everyone who owns the bonds knows they are insolvent. It's a question of how long they can hang on.
So is the "insider" knowledgeable or is it just obvious this would happen to metals?
The question still remains.... Who bought these metals?