Bullion Manipulation and the impending "short squeeze of the century"
Last Thursday, the Commodity Futures Trading Commission held hearings on the possible imposition of commodity futures and options trading limits in the precious metals markets. Each of the five commissioners plus two CFTC staff members made presentations. In addition, 14 outside parties accepted invitations to make presentations.
This hearing came about in part because of long-term complaints from organizations such as the Gold Anti-Trust Action Committee and individual analysts such as Ted Butler, Reg Howe, James Turk, Frank Veneroso and Adrian Douglas that the gold and silver commodity markets have been subject to blatant extensive price suppression manipulation by the U.S. government and its trading partners.
numismaster.com
Silver Looks Ready to Soar
Everything is lining up for silver, which looks ready to soar. The catalyst to launch silver like a rocket may very well turn out to be last week’s CFTC hearing, which revealed the huge naked short position in the precious metal markets.
In my annual forecast for 2010, I said: “We need to start thinking about silver hurdling above $50. If it doesn’t happen in 2010, this important event – which is unimaginable to many – will I expect happen in 2011.”
fgmr.com
massive counterfeiting ring exposed in the u.s. :
if the government itself prints additional dollars, then it is legal and it increases the quantity of money. And this is the monetary problem.
Apart from the fact that this brings about a very bad situation for those people who were not receivers of the new additional money, because they have not received more money,
they now face higher prices.
mises.org
IMF refuses to sell Gold: Stunning repercussions
investingcontrarian.com
Andrew McGuire, whistle-blower on market manipulation, injured in hit-and-run accident
sott.net
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not to mention to potential for Pd and Pt which is seldom mentioned in regard to PM investing and currently delivering the most bang for the buck. it is expected that after Ag, Pd and Pt conclude their current move, Au is expected to catch up and rejoin the rally.
but i am a known drunkard and have been prone to confabulate, so probably better to get advice and financial data from gurus lawrence summers, bennie bernacke, or pee wee herman. |