As I said many, many months ago, gold would hit $1500.00 an ounce then sharply move down. So gold spiked to nearly $1600.00 and then made its slide. It was Silver that pretty much pricked the balloon. As I said back then, this is all an orchestration by the big money players. The big boys like to shake out the weaker players. Don't buy into this manipulation. Dollar cost average your silver and gold interests.
Remember, the manipulators want to shake out the guy that just discovered his interest in gold. Say he started accumulating gold at $1400.00 ... when the correction occurs, as Soros said it would, he's thinks that he may be bit late in the game. If it dips down to say $1300.00 ... now he's out a hundred bucks. He says, "Shit, I bought at 1400 and now I'm down ... screw it! I want to get most of my money back." He sells at a $100.00 loss. He thinks he made the right decision as gold further corrects. All the while the early big player that has been in since gold was 500 bucks can sell down to the $1000.00 range and still double his money. This sudden surge of new liquidity will boost the economy and Dumbo will be right there to take credit for it. In the meantime, all the late players can get pissed off at Goldline and Eric Holder can go after the purveyors of hard money ... demonize them just like like he demonized and shook down the oil industry.
