Gold slides to $1272 and silver $17.86 – Good buying opportunity?

Gold slides to $1272 and silver $17.86 – Good buying opportunity?

Welcome to illuminati silver, we tell you
the truth about silver. Today is Tuesday 4th October 2016 and we are
briefly covering the todays fall in gold and silver prices
At the time of producing this video, gold stands and $1272 down $38 on the day and silver
at $17.86 down almost a $1 both being even lower earlier today. There have been a number
of explanations for this, not least being that this could be part of a scramble for
liquidity among big banks hammered by the drop in the pound below the $1.30 mark – apparently
a key psychological level and its lowest level since 1985. Another has been the IMF forecast
producing relatively buoyant global growth figures and therefore the prospect of the
FED raising interest rates in November. Our take on this is simple. Rates will not
go up in October just prior to the election, but of course November or December is a possibility.
Even if they do, their impact will be short term and not necessarily detrimental to gold
and silver. The IMF Report at best points out that things are not as bad as they could
be but hardly paints a particularly positive picture. Deutsche Bank has not negotiated
its deal with the DOJ as yet and Hedge Funds are advising their clients to remove their
monies from the bank. The main reason for the move at present is
the strengthening of the US dollar against other currencies. The dollar index has risen
0.4 to 96.1 and in our view, this presents a great opportunity for those whose portfolio
is light in gold and silver, to seriously consider making up that deficit.
This dip, in our view presents an excellent buying opportunity especially with the level
of uncertainty facing the global economy and the disruption that the US election will cause,
not to mention the other concerns already covered.
We hope you have found this video interesting and informative and if so, please give it
a thumb up and share it on twitter. Also kindly visit our website at
and if you haven’t already done so please subscribe as a free member for regular email
updates and offers. Our Facebook page which is updated daily can be found at Disclaimer:
Illuminati Silver owners come from a background of Banking, International Wealth Management
and Economics. Having now retired from these worlds we are not qualified to give investment
advice. Therefore, this and other productions must not be deemed to be giving such advice
and merely represent the personal views of its owners.


  1. Hey IS, reminds me of a song from your youth:
    Let's get (buy) physical – physical.
    Time to get another doorstopper. 😉 best of luck!

  2. Absolutely nothing has changed in the global economy, Europe is worst off and the US continues to slide in economic oblivion, things are in bad shape, this is a great dip. My portfolio is heavy in metals and light on cash and i will continue to buy.

  3. what a surprise! I never expected gold to drop to 1200s again ,but anything could happen ,no matter how illogical.You guys are on it! Thanks for the update!

  4. Hmm, I'm wondering if the price will dump further. I want to purchase a poured silver liberty bell from MK Barz. I will wait until Friday. Price drops are heaviest usually on Fridays.

  5. The Shanghai exchange is closed for a few days yet so will the downturn in price continue until they open back up on Friday.

  6. Who or what caused this drop……….Cause this is something more powerfull then a few buyers or sellers….
    Once the Comex opend 2,5million oz of gold where dropped into the market..I read on the inet,if its true or not i dont care i saw the price fall without a reason for hours????????????

    If this is a last attempt of banks pushing the price down,they fail cause the more and more people i talk to most of them sence something is wrong and they feel something is wrong,most people think its weird u hear daily how well the econemy does and how good the goverment does the job and people see and feel they loose more and more of there pensions social securety and other so called normal things……..

    Good luck bankers 😉

    We,ll see if paper has real value in the coming 10 years keep the dream alive things stay as they are…

  7. Great video. Truly scary day. Wondering if you have any thoughts about the Fed"s recent talk about adding to their toolbox the ability to buy stocks and corporate bonds if economy and markets tank down the road. That could put a floor under market and make precious metals less attractive. Maybe powers that be will always be trying to smash gold and silver?

  8. who really cares where they put the phoney Comex prices at, they can make them a trillion an ounce or zero it really does not matter, what matters is its real and thats all. Like the Trumpster, if he has 10 billion or 2 billion what he has on a computer screen or his empty head makes no real difference. Last night the price went down because of the supposed ECB saying they are considering ending their bond buying and raising rates, lets see them do that and destroy Europe. In anycase all this noise about Gold, silver the economy, Trump and Clinton, transgenders, what toilet should I use and all the other crap thats going on in this retarted world is all a distraction to keep the masses looking away from that which is real, a slide of hand trick that is pulled on the masses time and time again unfortunately we as a whole are to stupid to work it out and now most don't even care. Stop being collectivist and start to be individuals please before its to late.

  9. What happened today October 4th, was roughly 2 to 3 Billion dollars worth of future paper contracts of about 1 years worth of production totaling around 16,000 contracts that took place within 10 minutes to smash down these prices…Insane!

  10. ITS GOING TO UP BEFORE IT GOES STRAIGHT DOWN… and then through the roof.. — from historical analysis and fundamental logic if there is a crash, however.

  11. Thanks for the continuing videos IS, I really enjoy them. I agree with the analysis, this is a tremendous buying opportunity. I myself just bought collector coins I have been eyeing for months now. Patience is a virtue. It's becoming so ridiculously obvious of the manipulation in the PM markets. 1,000 paper Gold contracts dumped within 5 minutes after the Street opened. I spoke with representatives of exchanges that sell PM's to institutions, and they both said they were hammered with orders. The divergence between the paper markets and the physical is becoming greater and greater. Do what IS has been saying for a while now, have a longer term outlook and buy the dips!

  12. Another pumper at work, claiming he's not pumping. Gold and silver are trending down long-term and will be 50% of current levels over the next decade.

  13. Silver will never be a bad investment when held in the long term. Hedges greatly against inflation and is good insurance. Having some junk U.S. silver coinage and bars under the bed is never a bad thing. Continuously buy when you feel the prices are low. 5% of your retirement saving in physical precious metals will never hurt you. Stocks and bonds are still better return on investment. If we experience a total collapse of faith in the dollar silver and gold will be important…….after food and lead. 😉 I recommend a silver IRA if you want to keep it "in the system" rather than physically reachable.

Leave a Reply

Your email address will not be published.