LGL Merrill Lynch 11.44% NCM Merrill Lynch 10.71% SBM J P Morgan 6.07% + other dubious institutional entities.
These guys can short gold ( COMEX ),short gold top-midteir and junior companies ( supply ), and so manipulate the POG at both ends of the chain. ( and do we really know whats going on at the mints? )
Now I know we have been hoping on the physical delivery thing, ( Dec Contracts ) but the ones that have the option to roll over, will most likely do that. In other words the ones that have it will keep it. For the ones that have it, don`t want to bust the Comex, but will continue this game for as long as it takes to accomplish their adgenda ( which is open to speculation ).
So, what of it ? This may take longer to play out than we think. But, ( a big but ) when ( not if ) the USD tanks , then ( hopefully ) the pressure will overwhelm both the comex ( POG rises ) and then the gold miners will have their day. ( cashed up speculators / traders )
I just don`t like the way these guys ( M L , J P M ) have positioned themselves. It makes me nervous , ( IGR for instance ).
Just thinking out loud people. Take no notice of my postulating.
