Much like some modern art, it's better to stand back and take a long view and not get lost in the minute details of the day where precious metals are concerned.
- And there is a LOT of babbling, chatter, and noise on a regular basis as the talking heads of FTV scare the schools of fish....er, retail investors back and forth, churning the waters and herding them for our shark bankster gangsters to financially chum. Buy! Sell! Panic!
- Looking, then, at the proverbial BIG picture please note these two 10-year trend charts for both Gold and Silver.
Last year our crooked banking cartel (with the complicity of so-called regulators like the CFTC) executed a masterful price-suppression scheme against Gold and Silver.
- Remember the raised margins on Silver five times in nine days? Throughout 2011 raised initial and maintenance margins on Gold and Silver served to repeatedly collapse open interest in the marketplace.
- And, I'm not sure that MF Global wasn't collapsed "accidently-on-purpose" to collapse Gold and Silver prices and force involuntary client liquidations of Gold and Silver futures at the end of the year. The smashing of PM prices certainly reduced the potential losses our 'concentrated perma-short positioned' banksters faced at their end-of-year mark-to-market accounting drill.
Incessant meddling in the paper bullion markets may have helped the cartel in the near term, but it also may have killed the proverbial golden-egg-laying goose as fund flows move into physical metals in the coming couple years and away from the paper ponzi schemes like GLD and SLV.
Tuesday, 17 January 2012
Like modern art............from Rico
From Theo Spark at 17:08
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment