Gold Shines, Silver Breaks Out, As China Starts Gold Fix and Deutsche Bank Admits Manipulation

Every day there are big things happening in this most epic of Jubilee years… and it’s just getting started.

Silver roared out of the gate from the get-go this morning.

Gold also spiked higher as oil fell 7%.

In this insane world full of college-edumacated zombies in the financial world, we are often mocked for saying the precious metals market is manipulated.

Well, once again we’ve been proven right.

Deutsche Bank’s lawyers announced last week that the bank settled lawsuits admitting manipulation of gold and silver. Not only did Deutsche Bank admit wrongdoing, it also agreed to help plaintiffs with other lawsuits alleging the same sort of thing against other banks.

A larger question is why did Deutsche Bank settle now and what are the ramifications.

Just today, China launched a new gold-Yuan fix to, as they say, “exert more control over the price of gold.”

All within a few days, a leading Western bank is guilty of manipulation and China has begun to take control of the price mechanism that affects the daily spot price of gold.  Coincidence?

Timing-wise, both these actions fit right into the Shemitah Trends that we have been analyzing since last year.  And it makes a lot of sense that they are occurring right around the mid-point of this Jubilee Year when so much else is being prepared.

One of the biggest trends has to do with building up Asia and tearing down the West. Thus, the rise of Asian finance at a time when the Western system is weakening is not at all surprising. Why raise up Asia while draining the West of prosperity and solvency? It is part of the globalization of finance. For a similar reason, for instance, the BRICS were constructed. The idea was to create a group of powerful countries that could compete with the West.

Of course, these countries cannot travel too far out of the West’s orbit. Brazil  was getting dangerously independent and now is racked by a countrywide corruption scandal, and just this week President Dilma Rousseff was impeached. Many of those pursuing the scandal were trained in the US.  There’s been a whole lot of geopolitical rejiggering going on!

And this is why the idea that China is on its way to being a terrible enemy of the West or the US in particular is surely a false one. Mao for instance, the creator of communist China, went to a Chinese variant of the Yale Divinity School. Supposedly he was initiated into the famous Skull and Bones fraternity, which would make him a “frat brother” of George W. Bush among others.  Tens of millions dead later he had laid the groundwork for China to adopt a system that, once radical, has grown increasingly similar to Western ones.

In fact, economies in successful Asian countries very much resemble Western ones. This is not a coincidence. It is part of the “evening out” of culture and commerce preparatory to creating a single homogeneous world featuring one political system, one economic system and one marketplace.

During the transition to this globalized economy, money metals will be a serious factor. Especially gold. In order to create a new world with a new currency and a new, overarching, single central bank, current economies, especially Western ones, will have to be torn down. And as they are being torn  down, fiat currencies will be drained of value, making gold and silver ever-more desirable.

This is one of the reasons in my view that we’ve ended up with our out-of-control thousand-trillion dollar derivatives marketplace. And why sovereign, commercial and consumer debt are unpayable as well.

None of this “just happened.” In fact, it is hard to create this much ruin in a couple of decades. You really have to work at it. And “they” have. Debase the currency, create out-of-control speculative instruments and pile war on top of war and eventually you can begin to bankrupt even the best economy.

In the meantime, we can see that money metals are gradually coming back into mainstream financial favor.  China in particular is going to assume a more powerful role when it comes to gold – and money in general.

The move to fix the price of gold is just the beginning of China’s activism. China’s central bank is supposedly sitting on thousands of tons of gold while Western central banks have been busy selling theirs. At some point, China’s currency may benefit from this as well. There is ongoing speculation that at some point, the yuan might be partially backed by gold.

None of this is a coincidence. Step back and one can see a number of ways in which China has been advantaged.

It is Western elites that have created Asia’s current economic position. Are these same Western elites blind to the difficulties of Western finance? The answer is “of course not.” The world is being reconstructed along more global lines and the West must be torn down while Asia is built up.

As I mentioned, money metals are obviously going to play an important role in the transition of the world from one financial system to another. And in this Jubilee Year, 2016, we can already see this trend starting to take place. Gold and silver both are up substantially this year and I expect them to go much, much higher.

We’ve been positioned for it and today, alone, TDV’s senior analyst had another 40% gain on silver call options he had recommended.  And his leveraged gold stock trade, NUGT was up another 14% today to nearly $90… he was recommending it near $20 at the start of the year.

For TDV subscribers we have a private Facebook group where thousands of subscribers worldwide connect and help each other.  Here is some posts there from just today.

If you want to follow Ed for yourself, you can subscribe to our TDV newsletter here HERE. We just produced our April issue and Ed’s insights are worth the price of admission. To understand more about Shemitah Trends and Jubilee Year, 2016, please watch my latest video HERE. And read our White Paper on how to survive and profit during Jubilee Year 2016 HERE.

This is a once-in-a-lifetime event that is occurring.  A complete changeover in the financial and monetary system that will leave most people penniless and clueless.  Think about it, unless you work somewhere completely awesome, how many people gathered around the water cooler are talking about gold right now?  Or bitcoin, which has just broken out higher again?

They probably don’t even know what bitcoin is.

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Subscribe today and join us as we continually position ourselves to profit from the ongoing collapse.  This is just the beginning.