Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (6317)	6/29/2010 11:42:59 AM
From: Berk	Read Replies (1) of 218856

"Does gold look toppy here or what..." Connect that thought with this from the FBI arrest of the Russian spies yesterday: "Russian spies...last year conveyed information about the gold market that the Russian security service considered "very valuable" and forwarded to the Russian finance ministry and ministry of economic development, according to the criminal complaint filed by the FBI with U.S. District Court in New York. The gold angle in the story was highlighted in reporting Monday night by the Economic Policy Journal, based in Washington, D.C. Perhaps most interesting for GATA's purposes, the FBI's criminal complaint suggests that the spies obtained the gold market information through "a prominent New York-based financier" who is a political fund raiser and a friend of a U.S. Cabinet member. Would a New York-based financier have valuable information about the gold market if the U.S. government wasn't using New York financial houses for gold market intervention purposes?" gata.org You don't think that there's an effort to keep a lid on the price, do you? That there's truth to the complaint about JPM massively shorting silver and perhaps gold? Nah, just paranoia.

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