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Gold And Silver Shakeout

Posted: April 15th, 2013, 3:03 am
by Taco
When large institutional investors want to buy stocks, commodities or bonds they start by selling a huge chunk of what they want to buy causing the price to crash, commonly referred to as a shakeout . Soon, panic sets in and everyone else sells allowing the large investors to buy what they want at a discount, in this case gold and silver. Rumor is, 615 tons of Cypriot gold was dumped on the market causing the latest price crash. If you own metals, don't worry, just keep it no matter what happens. Just remember, the Fed is printing $21,000 a second.

Gold And Silver Shakeout
http://www.businessinsider.com/april-15 ... Insider%29

Gold And Silver Sell Off A Nonevent
http://www.youtube.com/watch?v=SuwWWQwG ... EA&index=1

Posted: April 15th, 2013, 5:23 am
by zacb
Thanks for the memo. :)

Posted: April 15th, 2013, 10:33 pm
by Taco
Here's some more info. I found.

Gold Has Its Biggest Fall In 30 Years
http://www.presstv.ir/detail/2013/04/16 ... -30-years/

What Happened The Last Time We Saw Gold Drop
http://www.zerohedge.com/news/2013-04-1 ... -gold-drop

Posted: April 15th, 2013, 10:48 pm
by Pinaylover

Posted: April 16th, 2013, 12:53 pm
by Teal Lantern
Gotta scare out the weak claims and get their hands on some physical.

ABN has no gold left for its clients
viewtopic.php?p=126901#126901

Posted: April 21st, 2013, 1:03 pm
by jboy
Taco, you and your doom predictions, what are we gonna do without you?