Right on the heels of my blog is the expected all out assault on the precious metals. Each and every time that there is a major economic event that should put gold & silver in a positive light, the opposite happens. It is my belief that this is a managed attempt to dissuade the market from look at the true state of the economy. Unfortunately the markets are not free and independent but subject to manipulation by the large investment banks who get their instructions from those who believe they are in ultimate control.
The net result of manipulating gold, silver, and related stocks downward is to provide China and India with buying opportunities at lower prices. It works well for those of us who believe that the upward trend in prices is still in place. The U.S. economy is not getting stronger, the U.S. debt crisis has not been solved nor will be under the current system. The toxic debt and derivative weapons of mass destruction are still looming. The currency war has not ended but is getting into full swing.
If you do not leverage your investments you will sleep better and look at this current environment as a buying opportunity. If you believe that the current system has been fixed, you should sell your hard assets and convert to U.S. Dollars and disregard the raw U.S. Government statistics that John Williams at shadowstats.com has faithfully reported and summarized in my previous blogs. Only Our Heavenly Father knows what is coming down the pike.