Well done! That is what I say to Bernanke, the COMEX, LBMA, and the Rothschild’s! You have finally succeeded in pushing gold below $1300 and silver below $20. As of this point in time, all of the weak hands that were holding real metal have been shaken out. All of the limp wrested short and medium term precious metals investors have capitulated! All that is left are the long term, iron fisted, non blinking, unemotional, fundamental driven, titanium balled, battle hardened investors.
Now if you happen to be one of these very few gold bugs or silver vigilantes who have survived this far with your metals intact and in your possession, then you have completed 90% of your journey. You’re also probably buying more at this point and feeling good about it. Some level of cockiness might also be creeping in.
However, The Emperor and his central banker henchmen have a message for you.
“Impressive, most impressive, but you are not a Jedi yet!”
Nathaniel knows that the toughest battle for you is yet to come, even though you have shown great promise thus far. Your resolve will be tested on the run to the upside. Your willpower will be challenged to the extreme when you see 3 digits in front of silver and 5 digits in front of gold. Will you be coaxed and turned to the dark side by higher prices? Only you can answer that question for yourself. But you will be tempted to relinquish your metals for higher fiat prices, those paper claims on wealth. I caution you to stay focused on value and purchasing power as opposed to price. Don’t get caught up in the illusion of paper wealth as the lure and emotion of greed will be very tempting. Nathaniel and Bernanke have so far attempted to separate you from your metals using the emotion of fear. For two years now the central banks have continually smashed the paper prices of gold and silver hoping that they could generate enough fear to force you to sell. As that tactic has failed to work on you, now they will next attempt to use the emotion of greed to separate you from your metal. Some people say greed is even more powerful than fear, and the emotions of greed and fear run all markets. If you can survive the final emotional, psychological battle of greed, then you will have earned the title of monetary Jedi. Good luck and may the force be with you!:))