Marshall Swing: Will a Crypto Currency Be the Mark of the Beast?
by Marshall Swing, Silver Doctors
Just when you thought:
“Global economic crash, one world government, Shemitah, derivatives crash, elite preparations, survival tactics, end times speculating, SDR, BRICS, Russia/Ukraine, Development Bank, FOMC, manipulation, oil price wars, earthquakes, civil unrest, QE infinity, Everest Avalanche, bird flu, sub-prime bond, blow off tops, silver miner losses, gold flowing East, melt-down, volcano smoking, neo-nazi, rebel fighter, end game, Christian purging, water crisis, secret banker, mass chicken/turkey killing…”
all this stuff was all we were going to see for a while – we get a massive earthquake in Nepal killing as many as 10,000 and injuring almost twice that number and:
If you read the news, it says lack of earthquake architectural standards in Nepal was just an accident waiting to happen. If you believe that, I have swamp land in Florida for you!
Things like this happen by the hand of God. Yes, I am saying He wills it to happen because the world has turned their backs on Him and His Law. In hundreds of places in the Bible, just these sorts of events are written to happen in the latter days (now).
One minute, you’re in a nice town:
The next minute your life is in ruins:
And many Europeans are missing:
It’s not rocket science. The scriptures are plainly written.
“Things” happen for a very definable reason. Read all about blessings and curses here:
And nothing about these universal principles has changed in thousands of years. They are just as solid, perhaps more solid than laws of physics and thermodynamics.
The book of Revelation details horrible Judgment coming upon the earth and I believe the primary calendar time in history for the events in Revelation begins on September 23, 2015 the so-called Day of Atonement written about in Leviticus 16:
Day of Atonement in the Bible is meant to be a very good thing. But what is going to happen when the end begins is not a good thing because the nations and the peoples are not willing to repent properly and make Atonement so they are going to be forced to atone for their actions.
Speaking of bad things, did you know Blythe Masters is back?
Indeed, and she is conjuring up ruthless demons in crypto currency!
Our paper commodity girl returns! Oh, what a tangled web she can weave…
Mark my words, one day a certain crypto currency will completely control buying and selling in all marketplaces:
Revelation 13:16-18 (NKJV)
16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666.
It is going to be a VERY INTERESTING ride, folks!
This week, I posted 2 articles related to my predictions that came true:
But, that is not all that came true in my recent articles:
Did you get the bit in the quote from my article, at the top, and have you been monitoring the news?
Quote: “Imagine how governments feel who bought gold and silver at far higher prices just a few years ago?”
And this from the recent past:
“We are roughly 6 months from when I believe we will see a global economic crash and if we think back to last summer we saw Large Speculators beefing up their short positions followed by the crash of metal prices over several months and we are starting to see them build up the short positions once again so it may be time to abandon the remainder of the rise to May then sell and go away in favor of a gradual depression in price psychology over almost 6 months causing holders of physical metal to sell whether they are individuals or countries.
As countries are squeezed by the various economic events afoot, the likelihood they will sell gold for cash looms larger as price declines and they need to shore up debt and currencies.”
Ronan Manly: El Salvador’s gold reserves, the BIS, and the bullion banks
Venezuela pawns nearly $1 billion in gold reserves
Who else in the business makes these predictions? And they come True?
I do not toot my own horn to brag or boast, I remind people I am making true predictions so they can observe, consider, do their own due diligence, and make wise decisions for their financial futures once they are convinced of the flood that is coming. Or not.
I don’t need this “celebrity” analyst/writer stuff. Seriously, I would be very happy to just drop all this, go live on the little Island of Vieques, Puerto Rico and be happy with my wife and family.
But, I, like most of the writers at SD, feel a definite responsibility to warn others so they can save themselves, families, and friends in very unsure financial times.
I get lot’s of detractors in my comments section. One of them, last COT article, said I ramble. Yes, I sort of ramble but there is a definite direction I ramble. It is a constant drumbeat of impending doom in the financial sectors and far more widespread than mere monetary doom and gloom. I love the negative comments! It means people are reading and considering and hopefully I cause people to do their own due diligence and not merely take what I saw as the gospel OR not merely slough off what I say as the ramblings of a mad man who imexplicably makes accurate predictions like creative musicians who do performance enhancing drugs to life their creativity to new heights.
I do not do illegal drugs but I had some good wine and beer at two St. Louis jazz clubs last night and heard probably the most creative jazz piano player that exists in the world. I hope to use that piano player’s creativity as a creative consultant on some jazz work I am recording.
Maybe folks did not like the bird flu examples of plagues in my last article?
This situation is not going away, apparently:
Headline: “Bird flu strikes 25% of Iowa’s 60 million hens”
What is this were people numbers instead of chickens and turkeys?
Are my readers aware of the human death tolls numbers described in the book of Revelation?
Revelation 9:18 By these three plagues a third of mankind was killed—by the fire and the smoke and the brimstone which came out of their mouths.
Revelation 6:8 So I looked, and behold, a pale horse. And the name of him who sat on it was Death, and Hades followed with him. And power was given to them over a fourth of the earth, to kill with sword, with hunger, with death, and by the beasts of the earth.
A little math tells us the book of Revelation is making it very clear about 50-55% of the earth’s population die in these two events alone.
Ebola, avian flu, swine flu, superbugs, flesh eating viruses, etc.
I am completely convinced all this is on its way but most of it does not happen until after the middle of Daniel’s 70th Week.
More on the timeline of events soon…
In gold and silver, we see the charts go way up to the end of the COT week and we also see the stair steps down in the first 3 days of the COT week. Depending on what happens from now till COT close on Tuesday we may get exceptional numbers on the crash events.
The fact that price was assaulted by the Commercial short coverings on Wednesday and Friday help cover up the immensity of the long raid they perpetrated on Monday.
In silver, the numbers appear very jumbled, almost not making sense with the price chart, but in light of the previous COT the upward assault followed by a typical Commercial downward short covering was obvious to make it clear why and what happened and how to make sense of the numbers.
We see the Large Speculators, Managed Money in particular, end the COT Week with 5,441 shorts! But watch what happens after the COT week, there are several repeated spikes above the $16.70 final tolerance level and my theory is those Managed Money shorts were mostly bought at the $16.10-16.40 range so the Commercials repeatedly tested those stops until they knew where the majority of them were, tripped them which other Speculators were long buying then slammed the Speculator longs with a short covering raid.
If I were a paper Speculator, I would be dizzy with all this volatility!
The disaggregated numbers reveal the Monday long raid to be the primarily the Producer Merchant. The Wednesday through Friday short covering raids were probably the Swap Dealer.
When you look at the sheer volume of numbers in the Monday long raid and the after COT Week Thursday short covering raid you know the numbers we see in the COT report are completely obfuscated and very difficult to decipher.
Notice also that even though price ended high at COT Week close total open interest for silver declined. I have made repeated comments about increasing open interest into declining price, over the months. Here we have the opposite but the same effect, really. Price is psychological rather than indicative of either interest in the commodity or lack of interest.
In gold, we see the price chart is very similar. BUT, look at the gold chart after the COT Week. We do not see the repeated attempts at higher price to shake out Speculator shorts here!
The little things ya notice
But, the aggregated numbers say the Speculator houses VERY ACTIVE and the Commercial houses appear to have slept through the week. Remember, when price goes down then up, over the course of a week, the numbers can be quite obfuscated.
Large Speculators took large long and short positions and total open interest in gold shot up 6,196 contracts with the Large Specs taking the lion’s share of both side of the bets, with over 5,300+ contracts each! That appears very unusual. Remember, the Speculators are many and they do not really know each other like the Commercials do so collusion is not expected. The disaggregated COT shows Managed Money picked up almost 11,000 positions! Such large numbers on both longs and shorts indicates a house divided or, in other words, indecisiveness in direction and psychology. This is the Speculators, if we saw this in the Commercials, we would know to suspect they are up to no good because they meet in dark smoky rooms and trade secrets.
On the gold disaggregated side, both houses sell off longs and my guess that was done towards the end of the COT Week at the highs for the week. The Producer Merchant appears to be the primary instigator of the downward short covering raids early in the week but the mere 607 new shorts of the Swap Dealer may mean they bought so many shorts at the high end of the week the number covered up their collusion in the small raids early in the week.
My guess is the large Swap Dealer number in spreading is the offering of shorts for Speculator longs and my guess is enough Speculators took them up on their offer so the short covering raid was set for Thursday, after the COT close. I expect that number to fall much in the next report.
Conclusion: I do not make a bet when there is this much obfuscation in the silver numbers. But, if I had to bet, I would bet on continued depression in price and watch for more telling numbers like the massive short covering raid we may get numbers on next Friday if price remains about the same. Gold was a little easier but still quite difficult. If you are playing options, keep your powder dry, do not bet now.
At these low prices, metal is a steal and the purchase of a lifetime.
We are below both the silver and gold 2 year bottom’s channels I have been commenting on since last July/August.
For a metal Bull, what’s not to like?
With the low of the week at $1168.40, I believe the Commercials successfully made their goal to quell a downward thrust of Speculator short increases of a week ago yet gave them enough hope profiting from future declining price to keep them interested in staying in the game.
And to offer as proof of this goal attained, the Thursday final CME report on gold shows total open interest is up about 7,000 more contracts despite the massive up and down you see in the gold price chart. (and the silver total open interest has hardly moved, down only slightly)
The Commercial motto? Whip them Speculator’s hard, 39 lashes, yet make them think they are winning the great short squeeze!
Delusions of grandeur…
Reporting from the Wilderness of Southern Illinois, stay very thirsty for physical metals, my friends!