Excellent post...and I agree that we do not understand the Japanese way of thinking.
DID I READ CORRECTLY WHAT PLATINUM DID TODAY? UP $209.70
This is from my mail: Le Metropole Members,
"Right after my "Gold Market Mystery" presentation to the attendees at the CMRE Spring Dinner in New York, a mystery guest named Jack Eckstine stood up during the question period to take issue about my Goldman Sachs comments. He felt they were excessively accusative to towards his "friends" at Goldman Sachs. Afterwards, I asked for Mr. Eckstine's business card and he gave me a black and white one with no phone, fax, or email address on it.
"Yes, I strongly believe that Goldman Sachs is the ringleader in not allowing the gold price to rise. They were in their today pounding away on the sell side, probing for stops below the market. In addition to reporting on their price capping selling at strategic moments over the past 19 months, the linkage from The Fed, to The Treasury, to the ESF, to Goldman Sachs to the Bank of England is fairly synchronistic:
"*Former Treasury Secretary, Robert Rubin, is a former Goldman Sachs CEO..........." |