Remember "DHS INSIDER" - He said watch the metals, it is the start! - GOLD Slammed.

I guess you folks are familiar with the supposed DHS Insider? Here is a link in case you are not familiar. www.canadafreepress.com...

Of course I have been sceptical about the supposed insider, however I have been waiting to spot events like has been stated.

Since Friday we have seen the attack on metals:

He said:

DH: How soon do you see things taking place? RB: They already are in motion. If you’re looking for a date I can’t tell you. Remember, the objectives are the same, but plans, well, they adapt. They exploit. Watch how this fiscal cliff thing plays out. This is the run-up to the next big economic event. I can’t give you a date. I can tell you to watch things this spring. Start with the inauguration and go from there. Watch the metals, when they dip. It will be a good indication that things are about to happen. I got that little tidbit from my friend at [REDACTED].

So if this guy is credible then we can watch these events based on his prediction.

If nothing happens then we know we can take less notice going forward. Of course we could have already had this happen as Gold was once 1900 / oz.

Just an observation.

Img below is current pricing for AU in $.

This mornings London a.m. fix is down well over $100USD on yeserdays p.m. fix. It will be interesting to see todays p.m. fix and certainly adds weight (no pun intended) to the predictions.

reply to post by hotel1


There have been many others all stating April would be the time for something to happen, again all predictions.

A few trade boards I read are all wondering what this smack down is about and why now, they seem to be expecting some bad news to come out although none did over the weekend.

Watch and observe I guess.

last time we had a HUGE sale off in commodities was when leman brother collapsed. I think something very big is in play right now and we will know about it in a matter of weeks.

I don't remember that source but I do remember another talking about swinging of gold up and down $100 an ounce or more in a day was a sign turmoil was on the door. I was about to start a thread because I was surprised nobody else had yet when I got up a couple hours ago.

the CFP source is questionable to the extreme.
its posted some really HILARIOUS stuff in the past.

that said

record stock market ( due to bailouts and manipulations) plus gold drop, equals:
herding reserves into the market for a future crash
watch the price of gold after that

www.activistpost.com...

Saw tHis article by Paul Craig Roberts...Always a guy who says the sky will fall at any moment yet his take was rather interesting and made sense to me......
QUOTE:
I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

The Fed used naked shorts in the paper gold market to offset the price effect of a rising demand for bullion possession. Short sales that drive down the price trigger stop-loss orders that automatically lead to individual sales of bullion holdings...END QUOTE

www.activistpost.com...

I think that the frame of reference for the DHS insider (when the metals "dip") is that metals going down is a precursor to the economy going down (like they both went lower in 2008). So far the economy (especially as evidenced by the stock market) is holding up.

Originally posted by 727Sky
www.activistpost.com...

Saw tHis article by Paul Craig Roberts...Always a guy who says the sky will fall at any moment yet his take was rather interesting and made sense to me......
QUOTE:
I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

The Fed used naked shorts in the paper gold market to offset the price effect of a rising demand for bullion possession. Short sales that drive down the price trigger stop-loss orders that automatically lead to individual sales of bullion holdings...END QUOTE

www.activistpost.com...

Premiums are rising right now, shortages in PMs are escalading and the price is dropping, welcome to Disneyland

I'm not trying to come down on you. I've read the article you linked to. To me, and I could be wrong, the guy doesn't sound too credible. He sounds like he's just rehashing things you find on various conspiracy websites, not much that we haven't heard before.

My big question about this whole "Crash the dollar" scenario is: Why? What would be the benefit of it? I don't see population control as a result since this works fine already (really, if Americans—and not just Americans— don't think they're controlled, they should look about them a little bit more). And it seems like a really complicated scenario just to exercise more control over the population.

As for the financial aspects; who whould benefit in a crash of the US dollar? Certainly not American banks and corporations. Since they are the ones who really run the show, I can't see any advantage to it.

I welcome any information that could show an advantage to the crash of the dollar, excluding the "they need to control us" argument.

Is it possible they're making gold? I mean, the video I linked to below shows part of an episode of Ancient Aliens in which they talk about the alchemical process of the Philosopher's Stone... The British once banned alchemy in fear of devaluing gold...?

reply to post by ajmusicmedia


I too doubt the credibility. I am using this as a marker to see if he is credible or not. Maybe he might get lucky (the broken clock is right twice a day)...

i guess I am basically putting his statement to the test.

Did Karl Denninger say it had begun a while back? Again.. another not clear statement.

I do have concerns when we take into context:

Bank of england opening a Yuan swap window,
Australia looking a the Yuan,
Other recent news items regarding the BRICS and move away from dollar.

Some of this stuff is just not controllable by the Fed. They can only control so much I suppose.

Atill it is early days and this wont happen in a day (I hope not).

Eyes wide open

Originally posted by ajmusicmedia
I'm not trying to come down on you. I've read the article you linked to. To me, and I could be wrong, the guy doesn't sound too credible. He sounds like he's just rehashing things you find on various conspiracy websites, not much that we haven't heard before.

My big question about this whole "Crash the dollar" scenario is: Why? What would be the benefit of it? I don't see population control as a result since this works fine already (really, if Americans—and not just Americans— don't think they're controlled, they should look about them a little bit more). And it seems like a really complicated scenario just to exercise more control over the population.

As for the financial aspects; who whould benefit in a crash of the US dollar? Certainly not American banks and corporations. Since they are the ones who really run the show, I can't see any advantage to it.

I welcome any information that could show an advantage to the crash of the dollar, excluding the "they need to control us" argument.

There are many out comes but the one that comes to mind is, consolidating into a one world global currency is one. Another is the Federal Reserve is trying to stay in power as china tries to become the globle reserve currency, note there record gold purchases in the last 5 years. I think the latter is happening. but china is in trouble to.

Or its all in trouble and everyone is to blame, there is no agenda and let the chips fall as they may.

reply to post by camaro68ss


several money/economic forecasters tagged April as the most likely time for a coming dollar collapse of sorts-

it might not be a collapse of the dollar but perhaps the complete disregard for the global reserve currency system now in place


with PMs in seeming freefall...many will go broke keeping up with the required added monies needed to keep their bets active...
the demand for physical metals will be out the window as no vauklts will take on the reducing of their bullion because the value is seen as recivering... the past orders for physical delivery must be met...and i think that China, Russia are among the major acquirers as physical bullion is shipping eastward in great quantities


so maybe the COMEX gets exposed as deficent in bullion to meet demand, they are thought to be over 100X leveraged in physical metal to paper metal contracts... this might be the collapse the forward looking economists were speaking of...?


all i see... is the ever rising cost of the 'Premium' for silver coin/bars even as the spot price freefalls... a week ago the Premium above spot was $2.50 per now its over $4.00 per unit of silver and seems to take up the difference between spot price and sales price so that the dealer never loses money...

but the small investor is driven away because he will not actualize a cost benefit...
the individual silver coin costs just as much when the price of silver was $30 as it is now with silver at $23.


both demand and desire are being wrung out of the middle class market of buyers..
IOW the deep pocket dealers, bankers are consolidating their hold on PM and pricing out some and scaring out the others who will now sell at any price immediately

There have been a few people on ATS, including myself, that has been talking about the dangers and outright stupidity in buying gold and silver.

Sure, some believe they are a way to beat inflation and save wealth in a system based on a fiat currency, but as we have seen....gold and silver markets are at the whim of knee-jerk reactions and quantity manipulation.

Add to that the fact that most gold and silver in the market doesn't even exist.....it's all paper, and you have absolutely no idea how to accurately discern the value of anything.

It no stretch to say that this is just another over-priced bubble and it will eventually burst. Don't need a DHS insider to see the writing on the wall.

Originally posted by sheepslayer247
There have been a few people on ATS, including myself, that has been talking about the dangers and outright stupidity in buying gold and silver.

Sure, some believe they are a way to beat inflation and save wealth in a system based on a fiat currency, but as we have seen....gold and silver markets are at the whim of knee-jerk reactions and quantity manipulation.

Add to that the fact that most gold and silver in the market doesn't even exist.....it's all paper, and you have absolutely no idea how to accurately discern the value of anything.

It no stretch to say that this is just another over-priced bubble and it will eventually burst. Don't need a DHS insider to see the writing on the wall.

I respect you sheepslayer but history tells me otherwise. Why are Centeral banks, china russia, india, buying gold in record amounts if it has no value? its a finite resource, as the world population grows, theres less and less PMs for more and more people. PM's has always held value since the dawn of man. do you fully think PMs are rubish or just the price there at right now?

According to Forbes, gold has now entered a bear market and a 'bloodbath';

Gold’s tumble hit a new phase on Friday and accelerated on Monday, falling more than 8%. Other precious metals have also been hit hard, like silver, which fell 13% on Monday.

The gold bloodbath has extended to mining companies, raising questions about small gold mining firms that have little working capital and might now have a harder times accessing financing, and big companies that are having trouble managing their mining projects, especially as the cost of mining keeps going up. Shares of Barrick Gold, the big gold producer, tumbled by more than 10% in Monday morning trading and are down by 23% in the last week. Newmont Mining’s stock has also been very weak in the last two days of trading and fell nearly 7% in Monday morning trading. Kinross Gold’s stock fell another 10% on Monday after sliding to a 52-week low last week.

www.forbes.com...

Destroying the value of gold and other precious metals to further erode the wealth of the middle classes perhaps? Yesterday's edition of the Daily Bell printed an interview with economic commentator and former advisor to the British establishment John Browne. Browne spells out how he believes the 'great game' involves 'denuding' people of their savings (and investments).

And I believe the aim of central governments now is to denude the savings of the middle class. Although the talk always is, "Oh, we're doing this to protect the middle class," it's exactly the reverse; they're actually doing it to kill the middle class and is doing so by eroding their savings, impoverishing them. Every single thing you see done today, you look at what the results will be and it will be to impoverish the middle class because when the middle class is gotten rid of you've got complete control.

www.thedailybell.com...

reply to post by teapot

Marginal gold miners and their mines will start to close up shop soon...which helps to put a floor under the market. As to the "middle class" I dont think that that many (except for upper middle class) have serious investments in PMs. This assault on gold and silver happened just after the engineered crash of the Bitcoin market (and both were predictable - predicted)....not a coincidence and one meant to demonize alternatives to the dollar methinks.

reply to post by ajmusicmedia

Yes people have been predicting the imminent demise of the dollar for several years (I predict that the dollar index will go to around 89-90 - currently in the 82 handle) and it has been rising since the silver peak of 2 years ago). Based on where the dollar should be headed then this coming low in the metals may just be temporary......

I predicted the crash of gold when Ron Paul said he was quitting politics. Most people never paid any attention to what Ron Paul was invested in and it was not gold. Ron Paul was heavily invested in gold mines. So he was nothing more than a sales man selling his product to all those who would listen. When he decided to leave it was the end of his retirement gift from our government. Allow him to make his gold and push his agenda as sort of retirement gift for a senior member of our corrupt government. Sounds crazy but it is happening everyday. And will keep happening over and over. There is a reason politicians get rich when they are ready to retire. And I don't know where the post I made was at it was in one of the many gold threads that are out there on ATS. But I said watch what happens with gold when Ron Paul quits. The elite in gold will know they lost their mouth piece and they will try to find a knew one in order to keep the bubble alive. Then other countries will try to take over gold by doing the same as the scam Ron Paul was doing. But if they don't find another country that can float the bubble like the US and Ron Paul gold will crash. And I predicted the first sign will come when gold mines which Ron Paul owns many will first cut back on the mining they are doing keeping prices up as they prepare to dump the mining operations they are doing. Remember they are already paid for the gold before it ever comes out of the ground. The mines will give you a 3 to 6 months advance notice of what is going to happen. And I say they are preparing for a crash and cutting there expense now. If you want the gold market to take the hit when there own bubble crashes don't let them manipulate the market as they are cashing out and let you get caught with your pants down.

It would be good to see the bubble makers get crushed when there own bubble crashes for a change.