Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Reasons to Sell Gold and Silver Now

Commodities / Gold and Silver 2013 Mar 04, 2013 - 10:52 AM GMT

By: Shelby_H_Moore


Sell or hedge a portion of your physical. Sell all mining stock asap.

Gold may dive below $1200 and silver below $21 ($1400 is very likely), due
to fact that USA $1.2 trillion fiscal cuts are going to occur. Obama wants
to use this to make the public hate the Republicans, so he can get a
majority in Congress at the mid-term elections, so then he can run the
country like a dictatorship his last 2 years.

We could get a small bounce first, but I think we already did. Don't stand
there like a deer in headlights waiting and wishing you sold at higher
price like we all did in 2008.

What is going on now is the boomers via their sovereigns are playing
"delay the crash until the last possible minute". The following link has
the proof with the relative youth vs. adult unemployment in Europe.

Thus we have the appearance of a slight bounce in real estate while the
politics is laying the ground work for a major crash around 2014 or 2015.
These processes take time and come in stages. First they slow down on
printing money (while continuing to jaw bone that they can print if needed
to keep the bounce alive), then they suck guts out with tax increases and
spending cuts. The wait for the shock wave. Gold and silver will react
first and early as they always do, and then bottom first well before the
general markets do.

We are headed into the sovereign debt crisis BIG BANG. Gold will go up not
from printing, but because the government will become hostile to every
other asset trying to seize assets. CAPITAL CONTROLS. This is going to be
very very messy.

There will be no hyperinflation because that would destroy the bankers
(they hold the debt), or not at least until all debt is held by public and
the bankers hold only real assets. This is why hyperinflation can't be
global. The bankers always need a currency to hold their loans in that
does not hyperinflate. Remember the value of a loan decreases until

This reminds me of 2008 when silver had fallen from $21 to like $15 and we
had many changes to sell from March to August and we will trying to
convince ourselves it would not go lower. Then it fell to $9 which was a
-60% drop from $21. Our recent high was $49, so a 60% drop would be $20.

In addition to Armstrong's recent blogs, see:

See also chart that shows central bankers have stopped printing for the
time being:

Don't forget which stage in the bankster's business model we are in now.

Permit default 'without risk' on the assets you wish to sieze to
maximize wealth transfer. (stall foreclosure, stay repossession orders

Stall the economy to maximize default positions and deplete private
liquidity. <-- We are here

Successively ratchet the economy downhill, while bettering secured

By Shelby Henry Moore III

short bio, I have published articles on,,, I am the sole or contributing programmer of numerous (some million+ user) commercial software applications, such as Corel Painter, Cool Page, WordUp, Art-O-Matic, etc.. I have an education in engineering and math.

Disclaimer: My writings are my personal opinions, not to be construed as statements-of-fact. Do you own research. Licenses to think and communicate have never interested me too much, so I am not a licensed research, journalism, investment, legal, nor health professional. Please consult the proper authorities for all matters covered in my writings. I disclaim all liability for what you do after reading my writings. No one can predict the future, and if there is a physical world investment that never loses value, I haven't found it yet in my 44.1 years here on Niribu.

© 2011 Copyright Shelby Henry Moore III - All Rights Reserved

© 2005-2022 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in