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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (6317)6/28/2010 1:54:04 PM
From: NOW  Respond to of 218836
 
indeed



To: GROUND ZERO™ who wrote (6317)6/28/2010 2:00:40 PM
From: Berk  Read Replies (1) | Respond to of 218836
 
Isn't today expiration day for gold and silver? Might be influencing trading



To: GROUND ZERO™ who wrote (6317)6/29/2010 11:42:59 AM
From: Berk  Read Replies (1) | Respond to of 218836
 
"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.