Jim Willie the Golden Jackass, email to me this morning 4/15/13 about the Gold and Silver Crashing.

Jim Willie, The Golden Jackass and writer of the Hat Trick Letter emailed me this morning after I asked for his comment about what is happening with the Smash/Crash of metal prices.

Here is his email without any changes to me:

simple, and I dare you to post this !!

the Boyz want to kill demand by removing supply

the COMEX could actually shut down before long, like soon, dunno when

remember the lunatic BS monetary policy by the USFed

where they kill final demand by destroying the USEconomy ??

same artists at work

the divergence between the paper and metal Gold price is growing

it means the Western Gold market is broken

I have been forecasting the divergence for a long time, and it is here finally

huge precious metal demand growth, lower price, therefore corrupted (sorry, I dont fall for it)
looking forward here to the day when COMEX shuts down
it will come after they steal all your money in private accounts
if the Gold price is being pushed down, it is because the Bad Guys want to buy it from the Idiot Sheeple sellers
I try not to be a flippant a-hole
if you want the COMEX to be busted, then you must hope for a paper vs metal price divergence
the true price for large authenticated transactions is at least 15% to 20% higher than what COMEX says

I hear at least $2000/oz now, and at times much higher
I want a divergence to show up
I want very big coin price premiums
I therefore am ENCOURAGED BY THE SMASH DOWN
it means the Boyz are dying an unspeakably horrible death !!!
yet 90% of the dumfuk gold community is pissing and moaning like bonafide morons
they dont understand the gold market at all, after all these years
I have lost patience with most, since they are so so so unenlightened
but many colleagues I deal with and key clients are indeed enlightened
some stupidoes depend on the COMEX price for income, like total fools, some with leverage, even after MFGlobal
carry on
not meant as any insult to you unless you stare at the COMEX price all day long like a mesmerized rat

the divergence is absolutely killing the banking syndicate

they are committing suicide in front of our eyes, as the East is draining planeloads of gold from them

they want to kill Western gold demand, but they have killed their own big hollow reed banks

/ jim

Jim sent an additional comment to me in another email:

it is pathetically humorous what is happening in gold right now

investors should be rejoicing for the death throes of the big banks

instead they are pissing & moaning, when the bankers are preparing to steal their private accounts

the nation is populated by morons

I am also linking the most ridiculous article this morning from Bloomberg about the metals being smashed.  They are saying it is due to "The recovery of the economy and extended 'metals bear market!"  What a LAUGH!  Who would believe such B.S?  Goldman is advising people to sell.  

The turn in the gold cycle is quickening and investors should sell, Goldman Sachs Group Inc. said April 10.

 “A combination of stronger dollar, Cyprus gold selling news and talk of quantitative easing ending later in the year all weighed on the price. We need some rationale back in the market before one thinks about getting involved again.”

As a perspective to all this "get rid of gold and silver talk being broadcast on MSM, we have the fact that I have received an email from a large dealer saying never before has it been where he could not get inventory of gold and silver, but there is no physical of the metals to be had.  Then look at this site, which is a large bulk metals dealer site, Tulving and you will see "SOLD OUT" for the silver and gold.

Edit to Add 1:15 pm - I interviewed Jim this morning about the metals smash.  here is the interview:


 

Edit to Add: Bill Murphy of GATA emailed me this morning about the metals smash, here is email.

Video - ISP Providers become copyright police, tracking all we download and watch - Will cut off those who infringe copyright laws

Now our ISP providers are going to become the policemen of the internet.  They will be tracking copyright infringements and will cut people off from the internet if they find violations.  A warning will be sent first, then a slowing of internet speed and then a cut off from the internet.

To me, this means everything we do on the internet is being tracked and our ISP providers are part of Big Brother in watching everything we do and everywhere we go on the internet.  There goes our freedoms and rights to privacy on the internet. 

OMG - Truth from MSM - Bloomberg about Gold "GLD" in Article of University of Texas having a Billion in Physical Gold - GLD is Only Paper NO Physical

I am shocked that a MSM outlet allowed the truth about Gold GLD being a paper product and not real gold!

The Bloomberg article is ultimately about the University of Texas having One Billion in physical gold in a vault.  

In the article though it is stated if only 5% of the people who own GLD actually asked for the physical there would be no gold left.  It is plainly stated GLD is simply a paper product and you will probably get paid 10 cents on the dollar if it busted open.  Silver is not mentioned in the article but from everything I have read SLV doesn't have anything at all left in it, it is all a paper transfer without physical to back it up.

It is so refreshing to read truth in a MSM article! 

Portion from article:

Open interest in gold futures and options traded on the Comex typically exceeds supplies held in its warehouses. If the holders of just 5 percent of those contracts opted to take delivery of the metal, there wouldn’t be enough to cover the demand, Bass said.

Printing Money

“If you own a paper contract where they can only deliver you 10 cents on the dollar or less, you should probably convert it to physical,” said Bass, who isn’t related to Fort Worth’s billionaire Bass family. He said holding cash wasn’t a better choice because the rate of inflation exceeds money-market rates by 2.5 percent to 3 percent, eroding the value of cash.

“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said April 15 in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”

Chris Whalen on Bloomberg - Explains the Fraud of Banks - Starting at the Mortgage Securities and Why the Banks Have NO Right to Foreclose!

18.8 Million Homes VACANT from Foreclosures! Sickening!

UPDATE: 10/31/09 - A very Sharp Person Found the Bloomberg Article to be False! Bloomberg wrote 18.8 homes vacant - Most Ever - Yet in February of 2009 - Bloomberg wrote 19 million homes Vacant. So, the reality is MANY MORE than 18.8 million homes are empty! The person that found it, estimates around 22 million homes are vacant from foreclosures, with millions more to be vacant at the foreclosure rates happening.
Bloomberg Fabricates U.S. Housing numbers.

Where are the morals of the United States? What happened to them? How is it the government has happily given Trillions of Dollars to Banks, with the excuse, to ultimately help the people, yet there are 18.8 million homes vacant due to foreclosures!

Where are all those people? Where are those kids? Out on the street, living in cars?

No wonder the UN is starting an investigation of the United States and Human Rights abuses regarding it.




From The Bloomberg article out today:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aNQJ9BUq2_yM

About 18.8 million homes stood empty in the U.S. during the third quarter as banks seized properties from delinquent borrowers and new home sales fell in September.

The worst U.S. housing crash since the Great Depression has led to a record number of foreclosures and shaved almost a third off property values. The S&P/Case-Shiller Index of 20 cities in August was 29 percent below its 2006 high, after rising for four consecutive months.

I sincerely hope, with all the judges ruling in favor of the homeowner around the United States in cases against MERS and their right to foreclose - that foreclosures are STOPPED!

Where is the humanity and compassion our government says they have?

Instead of having compassion for the people of the United States, they only have compassion for the bankers and their connected friends!

Another article Bloomberg has out today - is about how the bankers are all expecting as large if not bigger bonuses than they got last year.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a1ZlLqcUMvZg

Of course, lets ask, whose money is that, which will ultimately be used to give billions away in bonuses! Take One big guess!

What this says is, the people of the United States are being tossed to the side, with the government nor the banks giving a Damn about what happens to them, as long as they get their money.

Yet isn't it funny, they switch and have "so much compassion" for the people and their health! In fact they have SO much Compassion - they want to MAKE SURE EVERYONE gets their FLU SHOT!

Let's see, hhhmmm.... willing to throw people/families out on the street - yet they turn around and want to protect the people and give away FREE Swine Flu Shots!

OH YEAH - Let's Trust that!

Speaking of Swine Flu Shots - a Very interesting observation was made in Denmark about the Swine flu vaccine shots!

Link to article: In Danish about Blunt Needles Being Used for the Swine Flu Shot - the doctor says, when they are giving people the shot, there is an "Abrasive Feeling"!

Uhh, Blunt Needles, Abrasive Feeling? For a Liquid Shot? Something doesn't seem right about that! Unless, something extra is in the shot!

Is there anyone in the medical field here in the U.S., that can say what type of needles are being used for the Swine Flu vaccine here? Are they Blunt needles?

Very Odd, Why blunt needles?