It’s early Saturday morning, so don’t be surprised if by the time you read this, the world has significantly changed. As frankly, a war involving the U.S., North Korea, and potentially many others may well be imminent; so much so, that China “nearly started World War III” last night, by “accidentally” reporting North Korea had launched a nuclear missile.
Yes, just five months after his inauguration, Donald Trump is on the verge of starting his second war with a nation posing no threat to America. In this case, with a deadly, nuclear-armed nation run by a lunatic, which could easily involve northern-neighboring China – which has mobilized 150,000 troops to its North Korean border; southern neighboring South Korea, whose long-time feud with North Korea is as intense as that of North and South Vietnam; and fellow U.S. ally – and for now, “first world” nation – Japan. Hopefully, what appears imminent will not be; but for now, China believes war can “break out at any moment.” And given our “flipper-in-chief’s” recent record, I don’t have much confidence – particularly from someone acting so unprecedently un-presidential (seriously, you have to watch this 30-second clip to believe it).
On that note, let’s face facts here. Neither I, nor likely anyone truly believed Donald Trump would “make America great again”; as per Friday’s must read article, nothing about his history; or likely, his personal motivations; suggested such an outcome, particularly as America is “ground Zero” for the imminent implosion of history’s largest, most destructive fiat Ponzi scheme.
To the contrary, the vast majority of citizens – myself included – voted for him for one of two reasons; 1) to prevent the Wicked Witch of the Western Hemisphere, and her equally evil husband, from “re-taking” the White House; and 2), as a general “F.U.” to an establishment that has destroyed our once great nation. And in the case of Precious Metal owners, a third reason, whether we want to admit it or not; i.e, we believed his election would expedite the end of the gold Cartel – at one fell swoop, mitigating the damage it has done to us personally; and to the world at large. And thus, when the gold Cartel deprived us of what should have been on November 9th and 10th…
![](http://www.24hgold.com/24hpmdata/articles/img/Andy Hoffman-Last Days of The Gold Cartel-2017-04-16-001.png)
![](http://www.24hgold.com/24hpmdata/articles/img/Andy Hoffman-Last Days of The Gold Cartel-2017-04-16-002.png)
…followed by an additional five months of misery – watching gold and silver smashed to $1,130/oz and $15.90/oz, respectively – during the Christmas holiday week, no less; whilst the stock market surged into dotcom bubble territory, based on the “Trump-flation” meme borne solely of market manipulation; I’d venture to guess that the vast majority of Precious Metal holders lost whatever “faith” they once had, real or imagined, in Trump’s leadership. Let alone, after he hired a cadre of Goldman Sachs cronies to be his inner circle, and reneged on essentially all his campaign rhetoric and promises – like, for instance, avoiding the type of destructive military entanglements he railed against Hillary Clinton for supporting.
![](http://www.24hgold.com/24hpmdata/articles/img/Andy Hoffman-Last Days of The Gold Cartel-2017-04-16-003.png)
Fortunately, the reality of our long-standing investment thesis didn’t take long to re-surface – as mere weeks after the Fed’s initial, comically moronic forecast of 3.4% first quarter GDP “growth” (why anyone still listens to their perpetually overstated, politically biased “predictions” is beyond me), it has plunged to a mere 0.5%, following yesterday’s horrifying March retail sales number, of a way below expected -0.2%. This, atop a dramatic downward revision of February’s number as well – to zero; which has me shaking my head in incredulity, as to how they can possibly keep said GDP estimate positive. In other words, “Trump-flation” is officially dead – as all economic data – “hard” and “soft”; and market-based measures such as Treasury yields and the Treasury yield curve; are not just suggesting, but screaming recession. Not to mention, surging gold and silver prices – which appear to have decidedly won their “200 week moving average wars” at $1,246/oz and $18.14/oz, respectively.
Usually, I wait until the end of my article to tie in the primary topic – but given how excited I am to discuss it; and how well it segues here; I’m going to do it now. As per this enticing chart, gold is on the verge of breaching the equally important resistance level that is its “downtrend line” from the Cartel-orchestrated peak – in dollar-priced terms – of September 2011.
![](http://www.24hgold.com/24hpmdata/articles/img/Andy Hoffman-Last Days of The Gold Cartel-2017-04-16-004.png)
![](../style/all/img/bouton/Zoom_in_6.png)
Per this link to a clearer version of the chart, the four principal manipulations that manufactured this 5½ year “downtrend” – coinciding, to the month, with my joining Miles Franklin; were…
- the “Operation PM Annihilation I” attack of Labor Day Eve, 2011 – when gold was attacked simultaneous with one of the most PM-bullish events imaginable; i.e., the Swiss National Bank pegging the Franc to the Euro;
- the heinous price-capping of summer 2012 – when an exploding European banking crisis, which is re-igniting as I write, caused Mario Draghi to say he’d to “whatever it takes” (read: hyper-inflation) to “save” the Euro;
- blatant Cartel smashing after the shocking, “unexpected” BrExit signaled the impending end of the European Union; which may well occur on May 7th, as a Marine Le Pen victory will unquestionably be a “BrExit times 100” event; and…
- the vilest PM suppressions of all; i.e., the Cartel’s blindingly transparent Election Night “Trump-flation” attack. Which, with gold on the verge of taking out $1,300/oz anew – and with it, its 5½ year “downtrend line” – may well be reversed in a mere 5½ months’
No matter what the catalyst turns out to be, the gold Cartel is going down – just like every such attempt to subvert real money in lieu of worthless fiat toilet paper, both overtly and covertly, throughout history. And whether it’s a singular event – like the French election or a U.S. bombing of North Korea; or the cumulative, unsupportable weight of history’s largest, most destructive fiat Ponzi scheme; “this sucker’s going down.”
Perhaps the recent implosion of economic data will be what finally “breaks the Fed’s back” – causing it to re-embrace its irreversible destiny of negative interest rates and QE4. Which may well be imminent, given Trump’s comments last week that he “favors a low interest rate policy” and that “the dollar is too strong.” Not to mention, his 180-degree turn regarding Janet Yellen’s potential re-appointment – in now saying he “likes” and “respects” her, in direct contrast to vilifying her on the campaign trail for creating a Hillary Clinton-supporting “big, fat, ugly bubble.
And perhaps it will in fact be a black or “grey” swan event – like the potentially catastrophic, Trump-initiated wars that appear increasingly imminent in the Middle and Far East; per this weekend’s smattering of headlines – which cumulatively, threaten to burst the largest financial asset bubble in global history.
- S. conducts successful field test of new nuclear gravity bomb
- S. may launch pre-emptive strike on North Korea ahead of nuclear test
- North Korea may be capable of Sarin-tipped missiles, Japanese PM warns
- Japan prepares for North Korean emergency
- Trump issues China ultimatum to “fix North Korea or we will”
- China warns of North Korean conflict “at any moment”
- Air China suspends flight to North Korea, as Kim vows “merciless response” to any U.S. provocation
- North Korea slams Trump’s provocative, aggressive words – will test missiles “when it sees fit”
- Trump prepares new North Korean sanctions, as armada approaches peninsula
- Trump may send 50,000 troops to Syria
- S. releases video of “mother of all bombs” explosion in Afghanistan
- For third straight month, U.S. killed more Syrian civilians than Russia
- Smoking gun quote, from Postol report on Syrian gas attack
- Assad: the chemical attack is “100% fabrication”
- Syria claims U.S.-led coalition strike of ISIS chemical depot has killed hundreds of civilians
- Russia, Iran, and Syria issue warning to U.S. (against launching new strikes on Syria)
But irrespective, with Precious Metal prices at their “most undervalued level in modern times”; with “history’s most overdue (and potentially, catastrophic) financial crisis” looming; the time is clearly NOW to protect yourself financially, with the only assets proven to have provided such protection throughout 5,000 years of human history.