gold now in a bear market, page-16

"IMPORTANT:Due to the volatility of the market, we are experiencing a significant increase in the volume of shipments going out. Although Kitco and our depositories are working hard to stay on top of this, you may experience a delay in your order being processed by our vault, and sent out to you. We apologize for any inconvenience this may cause, and appreciate your patience and understanding." - Kitco



"The US Mint has again announced production delays and rationing for silver American Eagles. We will continue to ship silver Eagles from our stock when they arrive from the US Mint, but in order to expedite delivery will need to ship dates of our choice (unless 2008 coins were specifically requested). In some cases, orders placed after August 1 may experience significant delays, but you can be confident that all trades locked in will be shipped expeditiously as we receive supply of product from the US Mint. For those of you who wish to ensure a place in the queue, we will continue to lock in trades at our low premiums over spot." - Northwest Territorial Mint


"Late this afternoon (08/14/08) we learned the US Mint has suspended all sales of the 1 oz Gold American Eagles. They are not accepting additional orders for these popular bullion items." - Apex Precious Metals Exchange

"High Activity Market Alert The precious metals industry is experiencing a substantial surge in activity which may increase the possibility of logistical delays; including customer service response time, product processing (incoming and outgoing), and product transport/fulfillment. Certain silver products are delayed as much as 2-4 weeks. Please review Catalog descriptions for notices regarding such delays. We are working diligently to fulfill all orders in a timely fashion while maintaining competitive prices. We appreciate your patience and understanding. The Bullion Direct Team" - Bullion Direct


At Session III of Gold Standard University Live (GSUL), Professor Fekete made a stunning prediction—that gold would be cornered. The professor noted that although speculators have attempted to corner markets in the past and failed; this time, with respect to gold, it will be different.

The professor said that gold will be cornered not by speculators, but by widely dispersed market forces. The corner will be a true black swan event, spontaneous and unexpected, driven by a sudden overwhelming need of the marketplace for a safe haven for savings and wealth, the safe haven of last resort—gold.

When this happens, most speculators will be locked out, as they will have waited too long to buy in, as they attempted instead to try to coax a few more dollars out of their favorite paper dollar dispensing machine.

When this occurs, Professor Fekete predicted gold will disappear off the market. The collapse of paper will be so catastrophic that gold will not be exchanged for any amount of paper money, sic money, paper, government denominated coupons with ascribed units of value printed on their face denoting face-value.

When paper money begins to quickly lose value, the collapse of debt-based assets will gather speed and Professor Fekete’s predicted corner on gold will spontaneously occur. On that day, The Time Of The Vulture will have arrived and gold will be literally priceless