There was an illustrative little gold futures flash crash on Labor Day and at the regular appointed hour.  I think this is in-your-face psychological hoaxing designed to demonstrate to precious metals holders who is supposedly in power. Then on Tuesday after the Labor Day psy-ops hoax,  gold and silver were viciously attacked.  The real message being delivered from all this? Don’t buy gold,  we own you, and we’ll take the price down.

Labor Day Wierdness

The Chinese responded to the gold sale with another robust session at 300,000 ounces.

I picked up more Vista (VGZ) last Thursday at 45.6 cents US on the repeal of the Australian mining tax. Added to Continental Gold at 3.16 US. Added to CEF at 13.50. At the close CEF was discounted 5.3% to NAV.   My cash reserves have been reduced to about 5% with most of my 30% reserve going directly into gold and silver via CEF. CEF is about 60% gold, 40% silver.

The CEO of Gold Standard has been at his trading terminal of late accumulating shares. This is interesting given that the new resource on Pinion is due out shortly.

News hit late last week that the “Russians” had hacked our banking system?  What is this one all about?  If “somehow” $100′s of billions or even trillion’s of deposits get stolen or Corzined, this would be quite the false flag for the cabal to use.  It does make a pretty good story as to how our big banks might be “robbed” over a weekend by “terrorists” which is why nothing works on Monday morning.  The public would buy this story wouldn’t they? Actionable? Some extra cash and precious metal coins may be in order.