metals plummeting

Silver under 18 gold 1275 palladium 696. Platinum under 1000 not sure if this a currency revaluation or a new source entering the market with large volumes to dump. Sold my holdings a few weeks ago if these metals continue to slump will wait till silver falls.below 15 gold 1200 platinum 900 pallidum 600 and will reinvest. Wait till climb crests 20.00 in silver.

Not that I understand the following from Andrew Maguire.

The Flushing Of 1,000 Tonnes Of Paper Gold
The sole objective in flushing over 1,000 tonnes of paper gold was to cover billions of dollars of underwater naked short positions locked out after Brexit at $1,275.  I see any move sub this level as short covering fodder for the bullion banks, who act on behalf of the Western central bank officials, and now we revert once more to compressing the rebound spring.

We are viewing this officially sanctioned synthetic discount as a huge, not to be missed opportunity, just as we did last December, $200 lower than today. Margined traders, who I suggested to protect themselves with stops at the round #’s this week, will be in a very good position to utilize dry powder & reload, likely right after Non Farm Payrolls.  A pathetic .25% rate rise is now fully baked into gold and silver, but clearly not into the nose bleed Fed propped risk-on stock market.

Gold is 1229 and silver is 17.00 buying a half ounce and a kilo of silver today for 650 and 590 respectively. From jm bullion. ....

I wouldn't exactly call that a plummet. Just money coming off the table. Who knows though.

feel the bottom is around 1200 and 16 the top is 1300 and 20 it floats between these parameters not huge margins but easy bi weekly trades to gain a Benjamin or two

off again slightly today gold 1209 silver 16.61.

back on the up tick. 1229 gold 16.83 silver.

Buying another 1000. 10 oz silver 1/4 american eagle gold. Tenth ounce of platinum 1/2 ounce pallidium.
JM bullion. .. At normal shipping charges get it in 7 days. Total investment of 2000 .

When is the take off to the moon? Keep on waiting each year.

It will happen.

gold now 1150 oz. silver 16.60 platinum 989 pallidium 700 ...
jan 9th is off to the races, its the numerologists embbeded in terroists cells mantra 1,7,17 is a bad date . if you can just stay away from large urban centers.....

distant investment, but the confetti cleaning machines in new york, is getting a huge boost in contracts for street sweepers/ good time to board this penny staock as well.

gold hovering just under 1200 silver looming near 17.

been very small gains over the last month or so.

Readi an ultra left environmental activists on line column Trump is re-opening the largest strip mine operations in the continetal us. near nevada,utah border. and will flood the goldmarket if nescessary to keep gold prices locked to the 1100 - 1200 the source was a push back of perceived mining interests.

the mine location is in alaska i am recent realized if the mine becomes operationalit can produce 1/50th of all known gold mined ever in about 10 years schedual. howthis is realeased will become the stradegic reserve to gold prices. literally stopping any gains in the metal and supplying the current manufacturing demand nearly a century in conservative est. gold can be locked to 1- 1.2 k for a century if this firm wishes that.

The metals, particularly copper, iron ore, etc. blow at this moment.  This is not the right environment for it.  China is the primary driver of this growth,  and that government directed growth is dissipating.

The heydays of the last 6-8 years (since the Great Recession) were exceptional.  This is not the environment..

The other more speculative metals (silver, gold) trade on a more hedge basis, and less determined by market fundamentals.

the primary motivator for growth is cash flow. Cash Flow is directed through either investment in economic systems, and quanitive monatary easments policies. one without the other can not work.

the outside the country to In the global sustained initiative is reaching its millina mark, long story short the global leaders in nyc at the un after the trade center bombings decided to improve the entire
worlds circumstances.
freedom of want of basic neccesities for the worldspopulation.
equal rights to have a secured region for personal growth.
to do this they planned for sustained 3 % increase yearly in current regional systems to sustain a consistant growth and not deplete current recources,

through recycling and reuse of recouses and aquire needed added
machinery ares could  become manufaturing based and better off and slowly but steadily rise as income and recourses expand

around the world. the us did not make and sell them their machines. the quick fix clintons expaned a republican led shipped our union jobs with the machinery over seas.
basically they gave money in tax credits the ones that are earned at the end of the form. for sending our machines and higher labor paying jobs overseas.

both got what they wanted breaking blue collar labor. then this disinfranchised once affluent work force was reduced to more common wages and extorting the elite from the poor.

imf monetary chair has talked lengths on the subject of income inequality and need for a productive Middle class mostly to deaf ears  and believes it is not amonetary policy but more of a consumer demand for manufacturing issue.

washington has held up over 50 trillion to due to return in business interests do to the reinvestment potential this new private capital would push. By increasing Manufacturing again the Democrats that air and water standards would be decimated such as the real cause to pollution problem in Flint.

and corporations do not want to give the Government half for the reentry tariff imposed. global demand on recouses in short is dependant on global demand on finnished goods as price per unit equations  are worked out through use of money and manufacturing of goods depend on basic needs met with what disposable income is left.

but if you see a way to pay for a 20 trillion debt  with 50 trillion schedualed to return i believe a constructive dialogue to apply to
corporations could solve the overall deficit concern again...

but you have to allow all the drug money offshore bank accounts and countries we dont like to return their notes as well...

theritically the mexican and south americans could indeed pay for the wall....

 There is no need to make it as complicated as you outlined.  China is all that matters when it comes to iron ore, copper, aluminum.   They consume an overwhelming portion of global resources compared to other countries.  So, as China Goes.. So, goes these resources.  The communist government of China has laid no secret about their ambitions to transition to a services economy, and rely less on exports.  I.e. less consumption of materials. 

These things run in cycles, and now is not it.