Remember what the media present as the most obvious thing to do is really what J.P. Morgan Chase & Co. and Goldman Sachs Group Inc. want you, the public, to do. And last month, crushing the dollar and forcing investors to buy gold and silver at the top of the market gave the primary dealers plenty of liquidity to sell their gold and silver positions into the top of the cycle.”...
“The Fed has played out its hand with this quantitative-easing program and is about to bring the economy to ruin again. We have a government that believes it is their right to pillage and plunder us. The name of the game is delusion (false economy), diversion (OBL) and the division (or plunder) of your wealth.
“If you are holding gold, or any investment for that matter, you now need to have an exit strategy, should that day come. I will repeat that: YOU NEED TO HAVE AN EXIT STRATEGY!
Regardless of whether or not Slothower's claims are true, he does end with good advice. A well-aimed exit strategy would have helped last week.