by Andrew Hoffman
It’s 3:00 AM MST Friday morning, and I had ZERO intention of writing an article today – having just published my must listen “Central banks are dead, and here’s the real end game” audioblog less than 24 hours ago. However, given that I received more emails from frustrated readers yesterday, following the most egregious Cartel raid of the past 15 years, I thought I’d put this together to assuage your fears – and let you know all’s well in the historic PM bull market, that is still in the first inning of what will ultimately be an unprecedentedly long, extra-inning game.
Not that the absolutely amount of yesterday’s PM declines were particularly large – let alone, as half of silver’s “decline” has already been recouped as I write. Or that there was anything uncommon about the paper attacks; despite an historic day of “PM-bullish, everything-else-bearish” news, featuring the Fed completely capitulating on its fraudulent “rate hike” propaganda. I mean, even after gold decidedly took out early May’s high of $1,303/oz, the Cartel attacked at the 2:15 AM EST London “pre-market” open for the 657th time in the past 754 trading days; and later on, at 11:30 AM EST, which has recently replaced the decade-long, tried-and-true 12:00 PM EST “cap of last resort” as a “key attack time” of choice.