posted on Dec, 3 2013 @ 08:19 AM
As we have watched the price of precious metals plummet over the past couple of months I have a theory about why the prices are currently reaching
astronomical lows. I am by no means an expert in fiance or the markets but have some pet theories which have been coming to pass as we move closer to
the holiday season.
It only stands to reason with the economic trouble our countries are facing and the extreme push by the msm to buy, buy, buy and support the consumer
delusion of what they should be purchasing for family and all the guilt that goes along with that stream of thought and collective consumerism,
that people are being forced to sell large amounts of their stores of precious metals to cover expenses.
This will flush out many of the small buyers of precious metals and in essence be part of the attempt to put more physical back into the markets post
holiday. Will it be enough to cover even a small percentage of the physical deficits? I think that is doubtful but the big houses that no longer
have the ability to deliver can breath a little sigh of relief once the metals are back in hand.
Another aspect of the metals manipulation is that we are now facing a surge in debt through unemployment, lower wages across the board and higher
prices in everything from food and household goods, insurance premiums, taxes and power bills which in turn can cause many to cash in their physical
to cover those expenses. Again it may not be so much a manipulation of the metals market but an attempt to flush out the little guy, the large
quantity of small holders of physical metals.
Like shaking the money tree, many coins will fall before this is over sometime after the new year when the QE hits the fan and we begin to see the
real economic numbers come into play. It is possible to see a slap of reality hit those who chose to believe the lies that drove them into selling
their precious metals just shy of the biggest upturn we have ever seen in the metals markets.
I sense very strongly that 2014 is going to be a tipping point for everyone who has patiently awaited the real numbers of precious metals to surface.
So hang in there, buy now if you can and hold on tight because the future is going to be grounded in a total reboot of the metals market and if you
were smart enough to keep what you have manged to score over the past years and are holding physical, you will walk away from the coming economic
mash pit quite secure.
Thanks for reading and feel free to add your personal insights as well.
edit on am1231amTue, 03 Dec 2013 08:29:45 -0600 by antar because: Image