Want the signal that gold is going up in price soon? Now we may have it

The first rule of precious metal stacking club is that you don’t talk about precious metal stacking club.  And while this may be a clever play on words from the cult classic movie, Fight Club, in the investment arena it is a given rule that you also don’t talk about positions you are accumulating until you already have your shares bought.

The reason why is, if everyone discovered that a heavy trader or hedge fund manager like Carl Icahn or George Soros were buying something in great quantities, then people would rush in to get on their coattails to profit from some inside information only they might have.

Which makes it very interesting to discover that the insiders and elites who have publicly discredited physical precious metals like gold and silver for years now are themselves buying it en masse when the media and their paid tools on business television are dissuading everyone else that gold is worthless, and little more than a ‘pet rock’.

The price of gold and silver is set to explode according to one of the most well known CEO’s in the precious metals mining space.

Keith Neumeyer, the CEO of one of the world’s lowest-cost primary silver producers, says that the negative headlines surrounding history’s most trusted monetary instruments will soon give way and the smart money, including the likes of George Soros and Carl Icahn, are taking massive positions ahead of the breakout.

Neumeyer, who has created two billion-dollar companies and recently founded the mineral bank investment firm First Mining Finance, argues that the fundamentals are simply too great to ignore.

Keith Neumeyer - “The fact there are some very substantial new players coming into the sector and taking positions in gold and silver… I think that’s showing that things will change and I think things are in the works as we speak.” - Shtfplan.com

For the average individual who studies assets like gold and silver about as much as they do their quarterly 401K reports, will not believe that the prices for gold and silver would fundamentally climb since the Comex spot price by which metals are based has not only declined over the past four years, but has failed to break out despite declines in the dollar, and massive money printing by the central banks.  But the reality of the situation is, the Comex, like most Western markets, is rigged for the elite, and currently has over 250 paper gold contracts open for every physical gold ounce they have registered.  Thus if the price of gold and silver is dropping at the same time supplies are nearly exhausted, then there has to be a reason for this manipulation… and that reason appears to be the allowance of the wealthy to buy on the cheap at the same time that they are telling the public it is virtually worthless.


No one can every truly predict the exact day or time when gold and silver will finally be let loose to move naturally to their correct market price, but when the rich are accumulating gold and silver in bulk, and taking positions in the paper market for an expected rise in price, then the days of manipulation may soon be coming to an end, and a return to record gold and silver prices are not very far off.

Kenneth Schortgen Jr is a writer for Secretsofthefed.comExaminer.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.

Loading Facebook Comments ...
Loading Disqus Comments ...