The Fed’s decision to extend its “Operation Twist” economic stimulus program represents the path of least resistance for a central bank contemplating a raft of economic troubles, including a financial crisis in Europe and a weakening U.S. economy, analysts say.

The creators of all this worthless paper (our central banks) aren’t waiting for that stampede to begin. They are already dumping their worthless paper for gold at the fastest rate in 50 years, and by the end of this year that will likely have escalated to the fastest rate in history, as the gold-buying by central banks continues to accelerate.

“It’s necessary for individual, institutional or even government investors to hold gold when the value of money is decreasing at a time of possible quantitative easing or excessive money-printing practices,”

“If you look at assets over the past couple of decades, equity has been a loser, while fixed income offers tiny coupons. Gold is becoming an acceptable currency substitute.”

After years of selling Gold to help finance developing countries projects, the International Monetary Fund announced in May 2012 that it is now forced to purchase $2.3 billion worth of Gold (1.5 million ounces) on account of rising global risks.

This will see the dollar removed from a large chunk of the world’s trade –in itself, not a very large percentage, but a significant one. It’s the start of a trend that is set to grow.

Gold futures rallied past $1,600 an ounce Friday, poised to score a gain for the week, as disappointing U.S. payrolls data raised the likelihood of a fresh round of quantitative easing.

Yet instead of getting sanity/competency from the media, what do we hear instead? We’re told that investors should shun the 5,000-year safe haven represented by gold and silver because “in a weakening economy demand for the metals will fall”.

Yes, America’s already in a depression. Wake up America, to a long bear market, a recession cycle, to austerity where everything slows down, income, jobs, retail, global trade, and market returns. Listen to the latest warnings just last week:

The contracts are expected to be bullish for silver prices, with traders stating that it could make market manipulation more difficult.