Before the Crash the Gold will Drop .. look at price today

April 12 = $1548
Let's see how low it goes... but we must be close as the rumors said end of month April?, and before end of May.

http://www.blacklistednews.com/Gold_slumps_to_two-year_low_below_%241%2C400_per_ounce/25341/0/0/0/Y/M.html

Gold slumps to two-year low below $1,400 per ounce
April 15, 2013
Print Version

Source: Reuters

Gold dropped as much as 6.3 percent on Monday to below $1,400 per ounce for the first time since March 2011 as the market's downward momentum gained speed after more than four months of investor selling.

Investors ditched gold along with other commodities from oil to copper after a less-than-forecast growth in China's gross domestic product in the first quarter stoked doubts about the health of the global economy.

This added to last week's fears of central bank sales from Europe, prompted by a proposed sale of Cyprus bullion holdings, and concerns about a reduction in monetary stimulus. Adding to selling pressure, exchange-traded funds hit their lowest in more than a year on Friday.

Spot gold dropped as low as $1,384.69 an ounce and was at $1,409.26 by 1048 GMT, still down 4.7 percent.

U.S. futures for June delivery extended losses to fall more than 5 percent as Tokyo gold futures tumbled around 8 percent, marking Japanese futures biggest daily fall since September 2011.

Read More...

Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling And Unfounded Panic
April 15th, 2013

by GoldCore

See Charts and info @Link: http://investmentwatchblog.com/massive-20-billion-paper-gold-sell-orders-trigger-stop-loss-selling-and-unfounded-panic/


There is blood running in the gold market this morning after vicious selling which began on Friday afternoon and continued in Asian trading and through into European trading. Gold has fallen another 4.4% today after a huge number of stop loss orders were triggered at $1,480/oz pushing gold lower.

http://www.stevequayle.com/index.php?s=33&d=349

V AND SQ WILL BE ON HAGMANN AND HAGMANN TONIGHT-"THE LAST HURRAH"

REMEMBER 'V SAID' MONTHS AGO, WHAT WAS GOING TO HAPPEN IN THE TAKEDOWN OF THE PRECIOUS METALS PRICES-HE STATED ON RADIO THAT SILVER WOULD HIT LOW 20"S AND GOLD 1200-1400-PASTOR DAVID LANKFORD HAD A DREAM 3 WEEKS AGO WHERE SILVER HIT $20.00 THEN SKYROCKETED-PHYSICAL AVAILABILITY IS GENUINELY BECOMING DIFFICULT FOR PHYSICAL SILVER .TEN YEARS AGO I STATED NUMEROUS TIMES ON MY RADIO SHOW, THE DAY'S WOULD COME WHEN THE PHYSICAL MARKET FOR PRECIOUS METALS PRICES WOULD SEPARATE FROM THE MANIPULATED FUTURES MARKET-THAT DAY HAS NOW ARRIVED.THIS WEEKEND I WAS BLESSED IN TALKING WITH MY FRIEND OF 30 YEARS,WHO IS THE VP OF ONE OF THE TOP PRECIOUS METAL FIRMS IN THE WORLD -HE STATED THAT ALL ASIA IS BUYING PHYSICAL METALS WITH THE EXCEPTION OF JAPAN WHO IS SELLING THEIR METALS.LADIES AND GENTLEMEN-THE LAST HURRAH MEANS LAST--NOT NEXT TO THE LAST, OR SECOND TO THE LAST, BUT LAST AS IN FINAL.PURCHASE WHILE YOU CAN, AS THE AVAILABILITY BECOMES A MOOT POINT IF YOU CAN'T-- LET ME TELL YOU A LITTLE SECRET, NOBODY THAT I KNOW OF OR MY CLIENTS ARE SELLING -ONLY BUYING AT WHATEVER PRICES THEY HAVE TO SPEND TO ACQUIRE PHYSICAL SILVER AND GOLD,PLATINUM AND OR PALLADIUM.

Apr 15, 2013

http://www.zerohedge.com/news/2013-04-14/mike-maloney-todays-low-gold-silver-prices-are-not-realistic

Mike Maloney: Today's Low Gold & Silver Prices Are Not Realistic
Tyler Durden's picture
Submitted by Tyler Durden on 04/14/2013 13:27 -0400

Broken System
Central Banks
Deficit Spending
Precious Metals
Purchasing Power
Real estate
Reality



Submitted by Adam Taggart of Peak Prosperity,

During this very tumultuous week for precious metals prices, Chris sat down with Mike Maloney, founder and owner of GoldSilver.com, one of the world's largest bullion dealers.

Mike is a true scholar of monetary history. His reasons for getting into the bullion business have their roots in a very predictable cycle that has happened time and again over the centuries (more accurately millennia):

A new monetary system is introduced, based on sound money (most commonly, using gold and/or silver)
Currency (e.g., paper bills backed by sound money) is introduced to faciliate trade and commerce
Governments begin to tinker with ways to 'print' more currency than can be fully backed (e.g., coin clipping, partially-backed notes, FRNs)
A false prosperity ensues. Those closest to the new money creation benefit most and debase the currency further to forward their advantage.
Reality begins to catch up with this deficit spending and the purchasing power of the currency weakens dramatically.
The monetary system collapses under too many claims on a limited pool of sound money.
Eventually, a new monetary system backed by sound money rises from the ashes (see Step 1, above).

Mike believes that we are currently experiencing Step 6 and that we will witness the birth of a new monetary regime within the next ten years.

What makes this moment in history unique is that all past monetary regime collapses have happened regionally. This is the first time in human history in which all the world's major currencies are collapsing together. Which is why he is so passionate about owning gold and silver.

In his opinion, we will soon witness the greatest transfer of wealth ever seen, as countries worldwide realize they need to revert to monetary systems backed by sound money (i.e., the precious metals). Those acquiring gold and silver beforehand will not only preserve their wealth as existing fiat currencies are extinguished, but will see staggering increases in their purchasing power. Those interested in learning more of Mike's specific vision can watch Episode One of his new Hidden Secrets of Money video series. (Chris and I received advance screenings of the next few episodes, which are excellent in terms of explaining the processes and shortcomings of our current monetary system.)

http://www.blacklistednews.com/What_Happened_The_Last_Time_We_Saw_Gold_Drop_Like_This%3F/25349/0/0/0/Y/M.html

What Happened The Last Time We Saw Gold Drop Like This?
April 15, 2013
Print Version

Source: Zero Hedge

The rapidity of gold's drop is impressive, concerning, and disorderly. We have seen two other such instances of disorderly 'hurried' selling in the last five years. In July 2008, gold quickly dropped 21% - seemingly pre-empting the Lehman debacle and the collapse of the western banking system. In September 2011, gold fell 20% in a short period - as Europe's risks exploded and stocks slumped prompting a globally co-ordinated central bank intervention the likes of which we have not seen before. Given the almost-record-breaking drop in gold in the last few days, we wonder what is coming?
MORE + CHARTS @ LINK

http://investmentwatchblog.com/cnt-sold-out-all-physical-silver-all-us-wholesale-suppliers-are-now-sold-out-of-every-ounce-of-physical-silver-have-suspended-all-sales/

CNT Sold Out All Physical Silver! ALL US WHOLESALE SUPPLIERS ARE NOW SOLD OUT OF EVERY OUNCE OF PHYSICAL SILVER & HAVE SUSPENDED ALL SALES!
April 16th, 2013

*BREAKING
CNT, one of the largest wholesale suppliers in the US, who is the supplier of gold blanks to the US Mint for Gold Eagles, and is a registered COMEX depository, HAS JUST SOLD OUT OF ALL PHYSICAL SILVER!!!

MORE@LINK

FORCE MAJEURE WAS THE END GAME ALL ALONG, COMEX WILL DEFAULT IN THE NEXT WEEK!

http://silverdoctors.com/force-majeur-was-the-end-game-all-along-comex-will-default-in-the-next-week/

April 17, 2013 by count down to zero time
Maguire – LBMA Default Triggered Gold & Silver Takedown JIM WILLIE: REAL PHYSICAL PRICE OF GOLD SOARS TO $2,000/OZ AS COMEX BURNS! THE END GAME – ANDY HOFFMAN : US WHOLESALE SUPPLIERS ARE NOW SOLD OUT of physical silver

physical gold orders in size are being filled at the $2,000/oz price level, while the COMEX futures prices crashes and burns!

MAGUIRE KWN INTERVIEW Gold and silver only have this type of selling when there are extreme shortages of the physical metal. I am totally aware that before this takedown occurred there was an imminent LBMA default.We had already seen COMEX inventories plunging. In 90 days COMEX inventories saw an incredible decline. So immediately available physical gold was disappearing. People around the world don’t understand what has been happening since Cyprus….Entities went to the LBMA and said, ‘We don’t trust anybody anymore. We want our physical metal.’ They were told they would be cash settled instead by a bullion bank. The Western governments have been trying to plug holes, and the reason for it has to do with the default that was taking place at the LBMA. This is why this smash has been orchestrated because of the run that has been taking place on physical metal. So Western governments had to do this because of an imminent run on the unallocated LBMA system. The LBMA bullion banks had become so mismatched at one point on their trading positions vs real world demand that they had to orchestrate this smash.This orchestrated smash in gold and silver was nothing short of a bailout for the bullion banks. So there is a run on physical gold that is taking place and the Ponzi scheme the West is running is being threatened because of it.”

full link

JIM WILLIE: REAL PHYSICAL PRICE OF GOLD SOARS TO $2,000/OZ AS COMEX BURNS!
Economy Will Implode-Jim Willie

the Golden Jackass Jim Willie states that in the wake of the impending LBMA default that Andrew Maguire warned was in progress Monday, physical gold orders in size are being filled at the $2,000/oz price level, while the COMEX futures prices crashes and burns!

2 video's here also:
http://countdowntozerotime.org/2013/04/17/maguire-lbma-default-triggered-gold-silver-takedown-jim-willie-real-physical-price-of-gold-soars-to-2000oz-as-comex-burns/

The World Is Being Prepared For A Deluge Of Negative News That Will Coincide With A Controlled Demolition Of The Financial System
April 16th, 2013

All the events recently, Cyprus, Japan QE, Germany calling for Lisbon treaty changes, Korea and now Boston Marathon bombing all connected. The world is being prepared for a deluge of negative news that will coincide with a controlled demolition of the financial system. In the end THE GOVERNMENT WILL CONTROL AND OWN ALL OR MOST OF THE FINANCIAL SYSTEM. PUBLIC TRADED BANKS WILL BE A THING OF THE PAST. ENTER MAJORITY GOVERNMENT OWNED, MINORITY PUBLIC TRADED QUASI PRIVATE/PUBLIC INVESTMENT.

The market will be a former shell of itself when they are all done. Only the most stable and cash rich/debt free companies in the world will maintain fully listed public companies. It will be like seeing AIG’s, and Fannie and Freddie’s trade everywhere. SOE and GSEs will become common in the marketplace as we get use to government paying the bill to consolidate the entire Financial System. You the tax payer will pay through the endless crises and bailouts and social security will be used to fund the stop gap between the public and private finances.

In the end Government will be massive, bloated, indebted beyond belief, increasingly paranoid super tech police state, that will print money to finance whatever the fuck it wants. All while privatizing profits in the most profitable industries in the world and saying how some capitalist companies are really shinning examples of how it works. Except these people will own the companies that will be the private side of the private/public partnership in the Banks/Investment Banks/Insurance Giants. Assets will be chopped and sold down the block until a major player with enough cash and assets can absorb the punch.

To make matters even more complicated Holdings companies that own private ownership side in banks may begin to buy and merge Tech, biotech, nano-tech with defense industry, oil and gas companies, alternative energy companies will start to merge as an no holds bar match breaks out among the top industry giants to preserve the most valuable assets in the world because cash will be in a crises. It will become a rush to make as much as cash possible in the quickest time frame and in turn transfer that to liquid stable assets as the market literally falls apart sector by sector by industry until entire portions of multinationals are being eviscerated by deflation.

The response will be to endlessly inflate while propping up those companies able to absorb the deflating assets. This all while having a massive tech boom and a hopelessly more indebted, overworked, heavily taxed citizen spends more and more money to just meet the bills every month and put food on the table.

We will have a homeless, the super poor, then poor, then not so poor class of over 65%. While 20% is just meeting middle class living standards making 50 to 100 k a year…about another 10% for those making say 100 k to 250k, 4% making 250k plus. and .98% making million plus and 0.01% owning 80 % of everything globally. That is in dollar amounts today. in 5 years time those numbers may be 5 – 25% higher in terms of average income so for those making 100 gs in 2013 are making 125k in 2018 on the top end….except LOL prices for most essentials will have doubled if not tippled and some commodities will be a damn luxury to use, like oil and gas.

After about 2018 everything will be so consolidated and scripted that the prices of things will level out to make the population think some sense of reality we use to know has been restored and hope will blossom. Only difference is now they own the entire global system. You think the elite have power now, wait 5 years when we have little drones flying around the size of RC helicopters that literally can fill you full of bullets on the spot.

REALITY IS STRANGER THEN FICTION

THE ONLY REAL QUESTION IS?

Will they be successful?

MORE , MUCH MORE AT LINK:
http://investmentwatchblog.com/the-world-is-being-prepared-for-a-deluge-of-negative-news-that-will-coincide-with-a-controlled-demolition-of-the-financial-system/