Gold and Silver Breaking Down

It looks like GOLD and SILVER may be descending into another ominous sell off type of SMACK-DOWN.  I'm hearing more rumors of a precious metals rally but only from a small group of coin and bullion dealers who of course have a personal interest in their own collections and sales.  The charts however are starting to look like the precious metals are about to have another sharp sell-off which could easily put gold and silver into the 2009 price levels.

Although there are the usual rumors that for some reason want to pump these precious metals up again with some alleged takedown of J.P. Morgan and "the criminal banksters", etc.  It seems the U.S. Dollar is doing quite well.  Even recently Jim Rogers stated he was buying the U.S. Dollar even though he doesn't like the U.S. Dollar.  (I think he actually likes it. :-))

There must be a load of futures contracts and put options going on in this sector.  For more information we will be checking with Jim Comiskey from ADM Investor Services in Chicago later today.  Stay tuned!

SGTbull07 and the usual B.S.

We have to go to SGTbull07 to get a look at the usual "useless paper" bashing of the U.S. Dollar.  It is interesting to me that this video channel gets over 12,000 views on this video.  These viewers should be loading up on their silver now as it dips toward the TEENS.  Then they will start this New America somewhere in Utah, Montana, or Colorado with their leaders like Chris Duane and Steve Quayle as they claim they will be the only ones standing after some dream crisis they keep squawking about with their Sons of Liberty Cult:

These guys sound just a bit too effeminate to me:


 
Oh here it is!  Almost missed it!  THE STUNNING NEW REVELATION from GATA's Bill Murphy.  Get a load of this:

Tribute to Sgtbull07 A.K.A. Sean Turnbull or "Sergeant B.S."

...developing...