SOMETHING TRULY HORRIBLE ON THE HORIZON?

by Il_Bagattel, Thursday, February 04, 2010, 10:51

Gold and silver are in huge production and inventory deficit. Demand is up for the metals everywhere in the investment world, including central banks. The only way something like today could have happened is if some really horrid, market shaking news is about to break - and the cartel is throwing caution to the wind writing record making amounts of naked short futures contracts... or a huge mother ship from Orion just arrived with about 20,000 tons.

There is no way that gold could get hammered for $40 in less than 2 hours, based on supply and the global train wreck that is the current economy.

If ever there was a time to straighten up the furniture and top up the water in the bunker, I'd say it is about now. Something dollar devastating is coming down the pike and the psychos or doing advance damage control. Even if not, its at least a great buy point for the metals.

Why do I get the feeling that China is in this somewhere?

Timmy, could you and Ben help load that pallet onto the back of the truck? Thanks guys.