Jim Willie is a gifted writer who calls it the way he sees it. This is a short exerpt from his April 14th article, "Golden Eye Of Hurricane:"

GOLD CONSOLIDATES IN REVOLVING DOOR

Since October, the pressure has been squarely on the US and EU central bankers to print money, to direct it to insolvent giant banks, and to prevent a collapse. They reacted to sovereign bond pressures. But at the same time they had to exert extreme force on the gold market, so it did not reflect the extreme debasement of money itself. Thus the huge naked short ambushes of gold. But during these past six months, a new coalition has emerged to exact a heavy cost on the gold cartel. They will lose one additional cartel member to the gold war battlefield with each and every illicit paper ambush. A big order is being filled in the last two weeks, a very big order, at a low price, by brute force. The result will be another dead cartel member. Its completion will be followed by another nice price rise. Whether the cartel is willing to lose another member bank afterwards as the cost of yet another paper ambush, hard to know. But the unshakable fact is that the global monetary system is being ruined. The confidence in sovereign bonds is at rock bottom. In Europe it is more clearly in the open, but in the US it is more hidden, as the safe haven ruse plays on.