You're going to see fireworks someday.
I don't know when I've been waiting for it since 2003, but my game and
just being in this sector have far surpassed when I could have been in
stocks.
There will be more data available when the commitment of Traders comes
out on Thursday or Friday.
If you do, when you have a level 2 Trading platform, you can see all
of the bids and asks that are on there.
You can see the cell stops.
You can see a whole bunch of different information than a consumer,
can see on a brokerage platform.
And, and so the big boys, there's a lot of people that have to get out
of their short positions to before gold and silver start a big rise.
And so part of this is running stops part of it.
They're blaming on, you know, liquidity and and the options expiration
and stuff like that, part of it, blamed on real, the interest rates,
this flash crash that happened.
How much is the price of gold is still lower than before the flash
crash. So if somebody dumped for a billion dollars,
The market in super thinly-traded hours when they could see all of the
bids and they could just run those bids.
And they knew when they dumped the four billion dollars worth of gold
how far down on the price would go?
Well, it's been a whole lot of mine that has happened between then and
now, you know, she cut quite a bit of trading that happened once the
market open at a far lower price than goals.
What is that?
Same entity had a whole lot more, a short position, a huge short
position.
So they sell which increases their sharp position.
But if they've got a whole bunch more shorts already there and they
push the price down.
They can actually make a profit by losing 4 billion.
How many, how much covering there was at these lower prices.
If the covering at the lower prices, offsets, the four billion dollars.
It was lost, then they got to run all of the bidstack like you said
and they knew where the price was going.
Because you can see how many beds there are out there for a certain
quantity of gold that you're going to dump so you can see where the
price is going to go.
When you're such a whale in the room during the Super thinly-traded
hours.
So it was blatant manipulation.
Yes, I'm hoping it goes down a little bit more.
I've got some targets where I will accumulate, I will increase my
position but the only way to beat it, if it doesn't, you know, if they
don't somehow figure out what the conflicts of engine interest are
going on here and eliminate this type of trading.
If they, if they don't correct this, I doubt very much, if they will,
then the way to beat it is to own physical.
I don't feel like I do.
Yeah, the price of gold and silver.
But I don't feel like I lost anyting.
Just an opportunity to accumulate more because these are all
short-term manipulations where they're just grabbing some cash very
quickly out of the Market's.
The rest of the small investors become somewhat complacent.
And so these big boys figure out how to take them for a ride and empty
their pockets. But if you just have a physical position and you're not playing
Futures and options and things like that.
Yeah.
The last anyting, you just been provided an opportunity to increase
your position because what I'm betting against is the dollar.
I'm betting against the increase in the currency Supply.
I'm betting against central banks, I'm betting against modern
economics and the way the economy, the global economy is right?
I just think that ultimately there is a big failure on the part of
these as these coming up and it's going to show up as spectacularly.
Buy gold and silver prices.
And I might mention you know I have been sort of doing this now since
2:30 doctober of 2003 is when I started.
And So for anybody, that is not like in a positive position.
The start of a long-term thing when it comes to financial, your
monetary crisis, everything goes along at a certain trajectory.
I'm, I'm trying to flip the charger and then it is 80% of the move
comes in the last ten per-cent of the time.
And so, you're going to see fireworks Sunday, I don't know when I've
been waiting for it since 2003, but my games and just being in this
sector have far surpassed when I could have been in stocks, call Jaime
gold, the gold price rise, but is also about the looking at the macro,
looking at the long-term of the fundamentals of the mark.
I'm not a great what we've been talking about, this flash crash is
just that the flash crash is a blip in the middle of this giant bull
market that we're we're basically in, you know, if we've had this
little paws in it, but I consider 71 to 80 a single bull market with a
bear Market correction with a correction in the middle but it's all
One Bowl Mark.
We're still in the bull market that started in 2001 I believe and what
we've been through for the past almost a decade is a correction only
got it.
Yeah but the mid cycle correction the rest of the move has yet to come
but I would suggest the people going, watch The Wealthy on video
because you're going to you know it it's got some questions at the
beginning in the questions that have said, the fundamental economic
structure, they were in and then one of your viewers had asked the
question, you know.
Yeah, ask me the question.
Has any reserve current central bank?
Reserve currency ever gone into a hyperinflation because when they ask
that question, people think they're catching me on something and they
are there was a reason that I all of the Central Bank of Reserve
currencies or the predominant.
Currency did never gone into a hyperinflation up until 1971.
And then that reason banished, those numbers that you call staggering
are just if history repeats and the gold and silver going to the same
balance that they were in in 1980 with the crib, the same balance with
the currency Supply.
So I love ratios and ratio chart to me.
They foretell that they they show you what fundamentals are and they
foretell where the long-term where would the direction that things are
going to go.
There's a crisis coming.
They're going to try and prevent as long as they can and when it
happens, you're going to see them try it, you know, the FED to keep
rates low, they have to purchase us.
Treasuries, when there's a crisis, if another enough investors are
rushing toward what they consider, the safe-haven investment of bond
rates, stay low then, but if if the investors stop buying, then it's
the Federal Reserve, buying up all these treasuries that are being
issued just to keep the president of the rates down.
So it cuz they see this.
And then when the rates are low, they see it as stimulating.
The economy. When you prevent any Savers from actually being able to to save for
retirement. And you've you caused people to spend to borrow and spend when rates
are low more people borrow some more currency.
Is created and that causes bubbles to develop wherever that new
currency is spent first.
Usually it's in something like real estate, you know, the stock market
because of margin trading and so on.
So when rates are low, we go into Warped, economies and bubbles when
they're artificially, when they're not set by the free market, but the
whole point is this chart, is that little arrow and that little
square, this is supposed to be the thing that caused the flash crash
here, Steve Jobs and it is crew, introducing iPhone SDK, which is
software development kit for developers.
So if this would didn't happen, there would be no third-party apps.
There would only be Apple apps on your iPhone.
This opened up the door, doesn't matter what operating system your
mobile phone is using, you know, maybe there would have been
third-party developers introduced later.
But this is what started
The trend of all of these wonderful apps built by individual
companies, all over the planet.
And when you look in your phone, it's probably eighty to ninety
percent, third-party apps, not apps that are provided by the company
that makes the phone or makes the shop near your operating system
software on the phone.
So this was an event that is probably actually bigger than the
introduction of the iPhone.
And I count 21 people in the I came across this photo of Apple
launching, iPhone SDK in 2008, jobs in and his guys, on stage town of empty seats.
Seems key moments from the for the future.
Sell them have an audience and if you're fortunate enough to be there,
don't expect Fanfare or validation yet.
That's very much by how the precious metals sector.
Has been for all of these years.
So, but there is a big payoff in the end.
It's going to be spectacular.
It's going to be as big as this software development kit introduction.
It's just that the General Media ignores it at the beginning of fall.