Again, we cannot emphasize enough our belief that we are back in “2008, with the temporary exception” of manically PPT-supported equity markets in TPTB’s desperate attempt to prevent universal recognition of what global economic data, commodity prices, bond yields, and the desperate actions of Central banks like the PBOC, Bank of Japan and ECB are screaming loud and clear. For those holding mining shares and other “paper PM investments,” is to pray they are not permanently destroyed – which frankly, many already are. And for those wise enough not to speculate in the world’s most naked-shorted securities; but instead, save in history’s only proven money, all we say is one word – RELAX. Global physical demand was already sitting at all-time highs before this month’s Cartel paper raids; and now that the mining industry is all but destroyed, the upcoming production declines will be equally violent as the inevitable – perhaps imminent – physical demand explosion.
http://www.silverseek.com/commentary/kamikaze-attack-and-end-mining-13760