GOLD 0.51% $1,391.7 gold futures

gold worth watching, page-14

  1. 804 Posts.
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    Been reading about the Hunt brothers - seems:

    "The CFTC chairman, the Chairman of the Federal Reserve, and the US Treasury Secretary began an around the clock silver monitoring session."

    http://news.silverseek.com/SilverSeek/1268779599.php

    and here's JPM buying silver shares for when:

    "the CRIMEX CRASH/DEFAULT is inevitable and cometh quickly... at which point the long silver position holders will be royally screwed and be forced to settle for an arbitrary number the CRIMEX decides to give them "

    http://seekingalpha.com/article/173221-the-art-of-silver-manipulation

    I guess I have a rather simplistic view in that the Fed or the "Banksters" - that is whoever is running what we currently see as a monetary system - these guys know that gold and silver are money and at some stage they will lose control of currencies

    but when that happens Government will still want to control any new monetary system that is based on gold or silver

    so I guess the answer for the likes of me who don't want to take the risk of having the Gov in Oz enact its legislation covering gold (not yet silver apparently) is to follow the smart money like JPM and make sure a good % of the "pm" portfolio is in major gold/silver mining stock

    I don't really think they are all evil - in fact I often think that I am just trying to be a little bit more evil than them and keep my pile (not like the Hunt bros apparently!)
 
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