Eric Dubin: We Hit An Inflection Point

I sat down with Eric Dubin, Managing Editor, The News Doctors to discuss the gold and silver market on Thursday Feb. 11, 2016. Eric is one of the best analyst around. He doesn't pull punches and speaks straight. His long term analysis has been pointing to this time frame and the recent unfolding events. I wanted to get caught up on what is happening, how he sees the current events effecting tomorrow and what we should do to better protect ourselves.

During our conversation Eric must have used the words "inflection point" close to a dozen times. We must know where have been in order to know where we are headed. If our history is clouded our path to the future will be equally as clouded and we may see the past several days as "just another day".

Thursday February 11, 2016 is a day that seemed to never end. Gold and silver were moving to the upside like hasn't been seen in several years. I believe gold finished up around 7% for the day. Silver, while it had a very healthy move as well, it wasn't quiet as dramatic. Manipulated to the up side? Maybe. Manipulated to the downside by the banking cabal is normal. While some people would have you believe the gold and silver "markets" are not manipulated to which I say, two of the largest markets in the world, LIBOR and FOREX, have been proven, in a court of law, to both be manipulated for several years, why would these tiny, tiny "markets" be left to trade freely? Not gonna happen.

While gold and silver are shooting higher in acquisition cost (price), we see more and more people coming to market. It seems people are not only waking up to the corruption by every government on the planet, but to the reality of our economic and financial situation as well. How else can one explain such elevated sales of physical gold and silver, in the Western world?  This should be another warning sign that our system is on the verge of destruction. People are concerned and the "market" signals coming from the commodities markets, the equities markets and the currency markets, by way of 401k's, private pension plans and other investment vehicles, are enough to send people to the gold market!! We have all seen this movie before and it seems some of the smarter people are protecting themselves before the masses awaken. It wasn't that long ago people awakened to having their 401k become a 201k. Got physical?

As we have been saying, for well over a year, our system is over levered, Quantative Easing (QE), zero interest rate policy (ZIRP) and all the other nonsensical monetary policies attempted by the central banks around the world have over-inflated every market on the planet - with one exception. Some would say this is all by design that these policies are failing - I would agree - but, at the end of the day, it doesn't matter if it is by design or unintended consequences - our financial world is in serious trouble. The rainbow-spewing-unicorns can no longer sing the praises of corrupt governments. The cheerleaders on financial TeeVee are beginning to sing a different tune as well. Even one of the top brass from JP Morgan stated people wanted physical gold more than they wanted paper assets. You know something is very, very wrong when one of the banking cabals own makes that type of admission.

To get a good idea of Eric's analysis' and how we have a arrived at this point be sure and listen to the latest Welcome to Dystopia with Eric Dubin and Jason Burack. LINK

Let's allow Eric Dubin to give his take and provide us with some analysis that we will help us to, hopefully, see way our clear with what has happened, what could happen and what we can do to be better prepared for any potential bump in the road.

Disclosure: None.

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