ann: trial mining update, page-78

You need to be careful what you believe from the KWN website when it comes to near term predictions because they are almost always bullish short term and long term.
However I agree with the following that this market is full of manipulation. Another good reason why gold and gold stocks (quality ones at least) may be set for a rapid and strong rebound.

Richard Russell: “It looks like the great gold rip-off is completed and over. A few of the banks (JPM) spread the rumor that gold was heading for $1,000 and that the bull market in gold was toast. This set off a panic in gold and silver, which served the perpetrators well.


As the metals swooned, the crooks, who had sold the metals short, made a tidy fortune as the metals collapsed. At the same time, they loaded up on cheap gold and silver. In all, quite a play, during which a good many duped investors dumped their silver and gold.


I understand that there is now a huge speculative short position in gold on the Comex. This position will have to be covered. This means driving the shorts out of the market. Thus, the manipulators will have cleaned up -- first by selling the metals short, and then by loading up on the metals at the bottom of the panic in preparation for (hopefully) the ride up.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/18_Richard_Russell__The_Great_Gold_Rip-Off,_China,_Russia_%26_Silver.html