• The Federal Reserve does not want runaway gold prices, as occurred in 1979-1980 and to a lesser extent in 2010—2011. Rapidly rising gold prices cast doubt on the Fed’s competence and their supposed management skills.

• JPMorgan amassed over 800,000,000 ounces of silver bullion per Ted Butler. They can buy more real silver when prices are low, which JPMorgan encouraged by shorting silver in the paper silver markets.

• Rising gold and silver prices will distract investors from the ten-year bull market in managed stock prices. The conditions that support higher gold prices suggest lower stock prices. Wall Street insiders will resist that scenario until they have offloaded most of their stocks. Remember the 2008 plan - socialize the losses and privatize the profits. The Fed will bail out the large banks and offer “tough luck” to Main Street USA.

• China, Russia, India, many other countries and central banks buy gold. They want lower prices and more gold bullion. Western banking cartel price suppressions help them.

• Sean Connery starred in the 1964 movie “Goldfinger.” A wealthy Brit named Goldfinger wanted to revalue his personal gold hoard higher by a factor of ten. His plan involved detonating an atomic bomb inside Fort Knox making much of the U.S. gold hoard unavailable. He expected prices would rise over $300 per ounce from the 1964 price of $35.00 per ounce.

• Overprinting fiat dollars did what Goldfinger could not—increased the price of gold.

• At the end of May 2019, (paper) gold sells for $1,300, thirty-seven times higher than the 1964 price.

• At the end of May 2019, the S&P 500 Index sits at 2,750, thirty-five times higher than its 1964 level.

• Dollar devaluation drives asset and consumer prices higher.

• Gold bullion was the basis for confidence in the U.S. dollar in 1964.

• If the gold in Fort Knox was stolen or destroyed, it would weaken the dollar.

• When the supply of gold decreased, the price would rise.

• Gold has lasting value, is real money and true wealth.

• Gold is true wealth as fiat currencies devalue toward zero. One ounce of gold costs $1,300 instead of $35 as in 1964. Dollars buy less every year. Consumer prices have risen since 1913. The game continues.

• The gold and silver bubble of 1979—1980 shocked TPTB. A powerful leader could have said, “Never again will we allow gold prices to skyrocket higher and make us look incompetent.”

• The “age of paper” and a stock bull market began after the gold bubble peaked in 1980. Stocks and gold rose after the September 11 attack for a decade. After 2011 gold and silver languished while stocks levitated. The game continued.

• The norms since “Goldfinger” in 1964 have been dollar devaluations and higher consumer prices.

• The Federal Reserve did what Goldfinger could not… pushed gold prices higher from $35 to $1,300, with far higher prices yet to come.
• Global (unpayable) debt exceeds $250 trillion. It will be reset with devalued currencies or defaulted. Counter-party risk will devastate many assets and beliefs.
• Gold and silver have no counter-party risk.
• The Treasury Department has not audited Fort Knox gold since before “Goldfinger.” What if 80% to 95% of Fort Knox gold disappeared during the last five decades? Would that affect gold prices and further devalue the dollar? Don’t expect an honest audit of remaining gold!
• The global economy is at risk from many threats. Silver and gold will protect savings and an asset portfolio for 2019 – 2025.

• The Dow peaked on April 23 and fell in May.
• The NASDAQ peaked on April 29 and fell in May.
• Deutsche Bank (a proxy for the derivative monster) closed below $7.00 in a sequence of lower lows. [Global derivative worries?]
• Gold bottomed May 2.
• Silver bottomed May 28.
• The yield curve inverted out to ten years.
• The U.S. ten-year yield has fallen to late 2016 levels.
• Over $11 trillion in sovereign debt “pays” negative interest rates. Crazy!
• Tariffs! Tariffs! Tariffs!
• Real estate prices and sales volume are lower in major cities.
• Fireworks and price reversals have begun!