Friday saw another smash of gold and silver by the not-so-secret agents of the Fed. The employment numbers were spun to present the illusion that all is well. Not so.
The Germans want their gold. The Chinese are acquiring tons of gold. Nobody wants to accumulate Dollars or U.S. Bonds, except for the Federal Reserve. The Dollar as a reserve currency is disintegrating at a rapid pace.
In 2008, gold was the best performing asset but in 2013 the central planners are trying to keep investors from gold. They are desperate. The big question now is when gold goes to 5 digits. The smash looked like this:
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