The gold and silver crash was artificial
Dimon is enjoying every step of price falling for gold 
After all, he is the one causing it
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I’m hoping that this will be my last post about gold/silver for a while. One can hope. But I can’t control it.
We can’t control when or where opportunity arises. And as you know with gold having crashed some 30% from its highs, I started rebuilding my own physical gold and silver assets in April, looking to take about 1-2 years to build up those assets to about 10%-15% of my portfolio to own/hedge/protect my family with forever.
And since I started scaling back into physical gold and silver, their crashes have accelerated further. I’m using this latest round of gold and silver spot prices showing another fresh round of intraday crashing here today to head over to my local and/or other dealers to aggressively buy another tranche of gold and silver coins and bullion. I’ll probably have to pay about 7% or more over what those so-called spot prices are supposedly showing the value of gold in the real world markets today.
Depending on your personal net worth (the lower your net worth, the higher proportion of silver simply because it’s so much cheaper per oz than gold is), I’d look to have 30%-70% (big range is my whole point) in gold/silver ratio. Platinum is another precious metal I’m considering starting to rebuild my physical coins/bullion positions in. Read this about the possibility (or lack thereof, really) of another gold confiscation scheme like FDR did to bail out the banks back in his day. The short story is that they are already confiscating the people’s wealth in sneakier, stealthier and more destructive ways than they did back in 1933 in the midst of the Great Depression.
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