timber,
I wouldn't write off GATA's claims too lightly. It is backed up by a lot of official releases, and isn't just a wild theory.
Have a read of Ted Butler about the concentration of shorts on Silver, and how few banks, (read JP Morgan) hold the bulk of this position.
Read CFTC Bart Chilton's comments about his concerns over manipulation in the Silver market, and his concern over how accurate a whistle blower's (Andrew Maguire's) prediction of a future take-down eventuated.
Jim Rickards talks about the London Gold Pool in the 70's or was it 60's how gold was openly manipulated by the West to stay in a certain range, and how it is still done now but covertly.
I find what I've read very convincing, and it makes sense why with the backing of governments they would want to do this. I suggest having a bit of a deeper study of the claims and maybe you'll find it equally convincing.
Cheers,
Marty
- Forums
- Commodities
- banks shorting gold - not forced selling
timber,I wouldn't write off GATA's claims too lightly. It is...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online