All true.... but the melt-up and realization moment that cause investors to flock into gold should have happened over 2 years ago Negative rates have been around for some time. Look at the gold bull as a bullfight where gold is the bull and the matador and company is the gold cartel. The matador looks noble and heroic, and the bull looks nasty and dangerous, but this is all carefully calculated theatre. This is what is actually going on:

Before the “Fight”
Heavy weights are tied to the bull’s neck for weeks before the fight to weaken him. Workers rub petroleum into his eyes to obscure his vision and beat the bull’s kidneys repeatedly. They give him tranquilizers, laxatives, and drugs that induce paralysis or a hypnotized state. They feed the bull a great deal of salt so that he will drink excessive amounts of water, become bloated and, consequently, slow. The vast majority of bulls are forced to undergo afeitado, the cutting down or filing of the horns. Part of the bull’s horns are sawed off so that he cannot thrust at his opponent properly. All the while, the bullfighter is practicing his techniques on underweight heifers.


For hours before to the bullfight, the bull is held in a tiny, dark isolation cell. He is not given food or water. Confused and anxious, the bull misses the company of his herd. Just before entering the bullring, he is harpooned, causing him to bleed, then released into the bright light of the arena.

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So with precious metals, the think tanks have made powerful moves to delay/counter this tide from forming and from ever building any panic level momentum - just like the bullfight scenario. Some of these moves:

1) ETFs that have little to no metal and are not redeemable in metal for normal investors. This has taken in 10s of billions of gold/silver investor physical demand and substituted this demand for metal with paper. Extremely effective in bleeding out the bull.

2). Bought and paid media. Commentators continuing to call gold too volitile... too dangerous ... and too risky. Constantly calling the top or near top. Too late to get in on the precious metals now. This villifies the bull and makes his demise that much more appealing.

3). Compromised regulators. CTFC run by Goldman Sachs and JPM. Bull gets no fairness or breaks.

4). Outrageous amounts of shorts allowed. Bleeds the bull of gallons of blood.

5). Manipulated gold stocks. Allow the hedge funds to naked short or do any illegal strategy they want.... as long as it hurts gold stocks. In return for taking down gold/silver stocks select firms are allowed to steal with impunity. Picador helps to take down bull

6). Negative lease rates. The cartell will pay you to lend you gold so you can dump it on the market. Starves the Bull.

7). Corrupted COMEX where gold supplies are dwarfed by speculator contracts. Clouded and misleading inventory statistics. Bull cannot see well to fight back.

8). Fort Knox has been empty for 40 years and no audit ever allowed. Bull Fight is farce show to keep the plebs busy.

I could keep on going..... but you get the idea.