Paul Craig Roberts: US is Completely Busted, Non-Delivery of Gold - Crash the System, War in Ukraine TNR.v MUX GDX GLD

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  Gold is above $1,370 today and US Dollar is testing another low of 79.30. Paul Craig Roberts  is pouring very cold water on the hot heads from the "DC Command Centre". All these War games can be ended in the very real tears, world is too much interconnected today in order just to punish "the bad guy". Somebody wants the War too bad with any excuse and it is not the good idea at all. Ongoing Financial War already distorting the markets and U.S. recovery is too weak to handle and further external shocks. The very least what BRICS can do now is they will speed up their De-Dollarisation plans.

Junior Miners: Gold Breaks $1,360 As US Dollar Slides Further Down TNR.v MUX GDX GLD ABX NG RGLD

"Gold breaks $1,360 today with US Dollar sliding down to 79.63. China's worries and Ukraine situation are putting futures under pressure. Could it be that the Copper slump is the counter strike at Chinese shadow financial system in the ongoing Financial War? We will never get the clear answers here, but US Dollar is sliding further today and Copper at this levels can not indicate the healthy growing economy. 

  Gold is climbing the "Wall Of Worry" in its new Bull market and we have a lot of calls that this rally will be short lived. Shorts will be surprise and will have to cover again providing more fuel to this move. Now the second wave of advance in Gold Junior miners should confirm this rally. Major companies are solidly off the lows from December, but smaller companies were still lacking the bids behind. With rising Gold price the best projects held by juniors will come on the investor's radar screens."

Dr. Paul Craig Roberts - U.S. Gold Gone GLD, TNR.v, MUX, GDX

  

  Dr Paul Craig Roberts continues to share his great insight into the real state of the U.S. economy and ongoing game of the Musical Chairs with mounting evidence that there is No Gold left in the Gold Fractional Reserve System enough to sustain it any more.

  Today's action in the market is very interesting: Gold was Smashed-down from the all-important levels $1250 - $1270 after which Shorts will be burned, but Gold Stocks are not biting into this new attack and are holding well to the upside so far. It is the very important sign of the strength of the Gold market break out to the upside.

Dr Paul Craig Roberts: Hows And Whys Of Gold Price Manipulation GLD, MUX, TNR.v, GDX

"The story about Gold manipulation goes viral now and Gold is at the very important breaking out point now. The markets can not be manipulated forever, particularly when physical supply is going to China these days."

There Is No German Gold Left At The New York FED GLD, MUX, TNR.v, GDX

  Die Welt has reported today the bombshell announcement for the Gold market. We have discussed before that only 37 t of Gold out of 674 t was delivered to Germany in 2013 and that the Gold bars were Melted. So not a single original German gold bar was returned to Germany so far! 

  ZeroHedge reports today that surprisingly only 5 t of gold has been delivered from the NY FED - the rest came from Paris. Now it is not the conspiracy theory any more that there is no German Gold left at the NY FED.

  Now all the manipulations in the Gold market and constant smashing down the price in 2013 are coming into another perspective. Germany is very serious about the investigation of the manipulations in the Gold market - it was already reported thatprecious metals manipulation is worse than LIBOR scandal.  This investigation has already claimed the first victim: Deutsche Bank to withdraw from Gold fix amid probe.
  With the highest on record leverage at COMEX of 112 owners for every single ounce of Gold and record low COMEX registered Gold at 11 t we have the set up for the major blow out phase in the Gold market. Who in their mind will continue to hold Gold at LBMA any more? According to Eric Sprott, we can expect a failure to deliver Gold and lawsuits with deliveries last February from COMEX of 40 t and China buying at least 100 t of Gold every month on average now.
  Once Gold will breach $1270 level Andrew Maguire's discussion about the massive short squeeze will become the reality and even if his predictions about $200 Up-days will not materialise, the move by Gold to the upside from the most oversold condition in history will be nothing less than spectacular.

Eric Sprott - Expect A Failure To Deliver Gold & Lawsuits.

Andrew Maguire: New Buyer To Create Massive Short Squeeze In Gold.