With current fundamentals and market positioning the time for the mania phase could be upon us. Reviewing the charts one can see that the last setup and requirement for the mania phase to really begin is that many market participants need to be caught in the “bear trap,” clearly noted on the life cycle chart:
For Gold and Silver the start of the mania phase could begin around May 1st, 2013. This date and the current build in fundamentals are aligning perfectly. If this continues to unfold the upside for gold and silver will be, as Norcini says, “100’s of percent higher.”
BrotherJohnF discusses the growing divergence between paper and physical gold and silver and the rapidly approaching endgame in his latest Silver Update: Endgame Disconnect:
North Korea PROPAGANDA video Pasted from Youtube video info blurb:
On a trip to visit family in Seoul in April, I was approached by a man and a woman who claimed to be North Korean defectors. They presented me with a DVD that recently came into their possession and asked me to translate it. They also asked me to post the completed film on the Internet so that it could reach a worldwide audience. I believed what I was told and an agreement was made to protect their identities (and mine).
Despite my concerns about what I was viewing when I returned home, I proceeded to translate and post the film on You Tube because of the film's extraordinary content. I have now made public my belief that this film was never intended for a domestic audience in the DPRK. Instead, I believe that these people, who presented themselves as 'defectors' specifically targeted me because of my reputation as a translator and interpreter.
Furthermore, I now believe these people work for the DPRK. The fact that I have continued to translate and post the film in spite of this belief does not make me complicit in their intention to spread their ideology. I chose to keep posting this film because - regardless of who made it - I believe people should see it because of the issues it raises and I stand by my right to post it for people to share and discuss freely with each other. I have translated this film, laid in the English voice over and subtitles, and on legal advice have blurred the identity of the presenter and/or blacked out certain elements.
