MASSIVE Gold & Silver SELL OFF! – What Just Happened?

Josh Sigurdson talks with author and economic analyst John Sneisen in Monument Valley, Utah about the recent massive sell off of gold and silver as silver has seen double top resistance and in the scope of a few hours, crashed from $17.28 an ounce to $16.50 an ounce. The same thing happened last time silver saw resistance. Gold fell 2.2% at August delivery to $1280.20, the lowest since last December.
Copper has also fallen 2.6% on July delivery.

Now gold and silver have been wealth insurance for thousands of years. They protect purchasing power with value based in scarcity, application use and demand all while fiat always inevitably crashes. For this reason, gold and silver greatly concern and disrupt the central banking system.
So while Trump’s tariffs are blamed for this drop in value, it’s more likely that this was a massive manipulative tactic taken up by the banking system which is infamous for manipulating the price of gold and silver. Deutsche Bank was found guilty in court last year alongside countless other major banks. The banking system is not looking good right now and neither is fiat. So doing as the ESF and big banks have done for decades to gold and silver makes sense for them.

However, this will not end well for them. The more they create artificial bear markets for precious metals, the more it gains pressure like a beach ball held under water. When it gives, it’ll really give and we will see the banking system collapse all the while.

Gold and silver are not investments. They are wealth insurance as we mentioned. Expecting to make big money in gold and silver is not smart. You may as well invest in a mining company if you want to see more fluctuation. Gold and silver are there for when the crash happens and you need to be able to afford food, water and shelter. Cryptocurrencies are a great thing to diversify with in our opinion as well.

We will continue to cover this issue as it develops! Stay tuned!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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2018

“Find the truth, be the change!”

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25 Comments

  • Justin Trudeau Cringe Channel
    Reply

    This is a false deflation for the insiders to buy big bulk loads before the price sky rockets!

  • Nick Collishaw
    Reply

    Way to go guys. Bottom line – we need to take our medicine and the longer it takes the worse it will be. As for the PM price manipluation, this is the same as BTC and crypto. They’re trying to shake out the last of the weak hands. THEN they have something catastrophic planned to crash the stock markets and amidst the FUD and liquidity fears that will grip the public over access to cash, they will clean up on commodities and digital currencies to consolidate their domination and control. Evil bastards bascially

  • Shaka Zulu
    Reply

    It’s interesting that the babylonian financial system has been help up just long enough to be coming down right as the babylonian elite scum political leaders are about to be exposed as well… false christ beast system coming?

  • Michael D
    Reply

    Been saying for months gold was coming down but you’d never get these diehard gold bugs to believe it. If the Gold/Silver ratio wasn’t good enough proof gold was over valued you’d think the fact it’s manipulate would. NOPE. Hopefully they were smart enough to atleast diversify into some Bitcoin.

  • Smufter16
    Reply

    The wolves want the sheep to panic and “sell low”….before the wolves cause it to shoot up.
    Use SPF50 on that fragile Nordic skin guys!!!!

  • Sandy Crawford
    Reply

    Thank you for keeping in touch with your followers while traveling . Just love your comments. They reinforce what I’m doing to protect myself from the financial insanity out there .

  • Gaurav Sharma
    Reply

    What about the people who just took 30 years loan in dollars for that dream home? Fiat can’t vanish just like that. Can it?

  • John Smith
    Reply

    Making videos on silver must be difficult, because the price can go up and back down, or down and back up, within the span of hours. By the time the video gets uploaded, the information may no longer be relevant.

  • harryzero 156
    Reply

    What else would anyone want to exchange their fiat currency for? More stuff with inbuilt devaluation or obsolescence? Perhaps we could shove it under the mattress if it helps us sleep better. Nope, get something or someone you can fondle.

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