BIG NUKE Imminent in Precious Metals

By Dominique de Kevelioc de Bailleul

Something very big is most likely about to be dropped in the global financial markets within a few weeks—like a nuke exploding—and those holding precious metals stand to be the big winners—especially silver investors, who could make a small fortune in a very short period of time.

Here’s the overwhelming evidence of something very big coming soon to the financial markets:

“. . . evidence points to an upside break for both gold and silver, which is not dissimilar to our Silver – The Coming Bullet – August 2010 ‘Trend Ready’ state,” Hinde Capital CEO Ben Davies told King World News on Aug. 9.

Davies’ report turned out to be a prescient piece of work, as the silver price went truly ‘bananas’—as GATA’s Bill Murphy likes to refer to big PM moves—making its bullet move from the $17.50 mark of August 2010, ending at nearly the $50 print at the end of April 2011, for a 185 percent move within nine months!

Davies’ observations echo trader Dan Norcini’s.  Norcini tells readers of JSMineset that a big Asian buyer has ratcheted up the floor in the gold mark in $20 increments.  Davies sees the very same buyer incrementally scooping up gold in a signature consistent with a very large buyer of the past, a buyer who appears to know beforehand of the Fed’s every move—a point suggested in a previous BE article, titled, Rigged Gold Market, a Secret Payoff to China.

“We want to state there has been a strong buyer in the gold market these past few months,” stated Davies.  “Also we want to reiterate the buyer in the room is Asian and has been stepping up their buy order, 1545, 1575 now 1600?”

More evidence.

The signature of that big Asian buyer has demonstrated in the past that, he is either a brilliant tea-leaf reader or he’s ‘connected’ to the Fed, with the latter more likely during an atmosphere of blatant, draconian, widespread and sanctioned fraud in all markets.

“It is reminiscent to me of the very same buyer(s) who soaked up U.S. 10 year bonds at 4.85% in June 2004 when the Fed didn’t cut rates from 1% to 0.75% as was widely expected,” Davies explained.  “By end of 2004 rates were at 4.25% but 10 year yields had rallied back to 4.00%.”

There’s more.

Either signals from media and the inner banking cartel of the past two weeks have been deliberately staged to dupe even the most savvy precious metals investors (outside the criminal cartel, such as a Jim Sinclair) into a crushing disappointment of no additional QE from the Fed will be forethcoming, or the recent series of smoke rings indeed signals an imminent and massive rally to new highs in gold and silver prices.

In a previous BE article titled, Imminent Silver Price Explosion, the piece noted two banking cartel media mouthpieces have been running interference for Ben Bernanke for a launching of a bazooka QE.

From the BE article:

Jon Hilsenrath of the Wall Street Journal, the man who the straight-shooting Stephen Roach of Morgan Stanley calls the real chairman of the Fed, wrote . . .

This [Hilsenrath's list of economic and inflation metrics] is ammunition for Fed officials who want to act right away to spur growth. Not only is growth subpar, and the job market stuck in the mud, inflation is also running below the Fed’s long-run goals.

Moreover, as mentioned in the same article, the second media mouthpiece of the gold cartel, Greg Ip of Economist—the very same publication that, James Turk had clearly demonstrated in his article of several years ago, was behind a disinformation campaign for the gold cartel throughout nearly two decades—wrote in his piece for Economist (written from the point of view of hindsight) that the ECB will need to debase the euro by following the Fed’s program of debasing the U.S. dollar.  In the opinion of the European banking masters, debasing is the right thing to do—and do it fast.

Side note: From the content of the two articles, it appears that Jim Sinclair’s thesis of “QE to Infinity” may include, not one, but two currencies, the dollar and euro, which, together, comprise 89 percent of global reserves.  That gives institutional money nowhere to hide, adding a big boost in octane to the gold market.

As the evidence mounts, regular guest of KWN, Egon von Greyerz of Switzerland-based Matterhorn Asset Management suggests that the cocktail for something big in the precious metals market awaits the Bernanke match lighter.   The 40-year veteran, von Greyerz, predicts a double or triple in the gold price by the close of 2013, leading the list of KWN’s brightest and most experienced prognosticators of the PM market.

“ . . . my target on gold of $3,500 to $5,000 over the next 12 to 18 months, and then over $10,000 in 3 years.” von Greyerz told KWN late last month.  Though James Turk of Goldmoney agrees with von Greyerz that a big rally is afoot, Turk hasn’t announced a target for this next move in the gold price—not yet, anyway.

And, just in.

Another mouthpiece for the gold cartel, Financial Times, published to subscribers its latest disinformation article.  Many FT readers, presumably, have never heard of James Turk, Ben Davies or Jim Sinclair—or 40-year veteran of the metals markets, Bill Haynes, who told KWN Thursday:

“One of the writers started trashing gold in the Financial Times [Wednesday].  He said it’s time to sell your gold and send the kids to college, buy an automobile or take a vacation because this bubble is over.”

Echoing sentiments of James Turk and Eric Sprott as well as zerohedge’s repeated reference to FT’s blatant and disgraceful disinformation campaign against its upper-middle class subscribers, added, “Eric, this is the type of nonsense we see in the mainstream media when a bottom is being put in, and the Financial Times has been one of the greatest contrarian indicators for the gold market.

“I also find it interesting that this is the week the big buyers are making a statement with their physical gold and silver purchases,” Haynes added.  “They are doing their buying right into the face of this ridiculous nonsense coming out of the Financial Times.”

Precisely.  Investors who read King World News most likely don’t subscribe to the Financial Times for its commentary of the precious metals market.  And those who do subscribe to FT are those the Fed are most frightened of.  Mr. and Mrs. Bourgeoisie Money Bags are the next in line to threaten the Fed’s “inflation expectations” powder keg—a fatal moment it wishes to forestall as long as possible.

During the past few weeks, there’s been too much anti-gold propaganda waged at one time, while a known big Asian and heavily suspected Fed insider has been quietly (to the general investor public) accumulating gold at marginally higher and higher price levels.  Something big is afoot.

And to top this litany of wink-winks and nod-nods, the ultimate political hack of Wall Street, U.S. Senator Charles “Chuck” Schumer (D-NY), chastised (or signaled?) Fed Chairman Bernanke during a hearing of mid-July, “The Fed is the only game in town… You have to take whatever actions are necessary to ensure a strong recovery . . . Get to work, Mr. Chairman,” Schumer said forcefully.

To remind investors of Schumer’s well-know connection to the banking industry, Zerohedge posted an article from OpenSecrets.org that showed Schumer receiving $4.8 million in total from 20 Wall Street firms.

In conclusion, we see the establishment media mouthpieces very active, a super-key politician mouthing publicly at the Fed, and a suspected Fed insider from Asia scooping all the metal it can get, all deployed to enrich those who are either privy to, or can read the tealeaves, for a front-running a monstrous move in gold and silver—at the expense, of course, of the American public.

As Trends Research Institute Founder Gerald Celente has repeatedly said, “The rot is at the top”; “We’re being financially raped”; and “It’s a gangster government” between the Gambinos and Genoveses.”

Events of the past week have become obvious—too obvious, maybe?  Or is Celente correct when he says the banking cartel acts if it doesn’t care what people may think about it and who it hurts?  It appears that the big money is betting the Fed drops the nuke.

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