"We have been in and around the gold markets for 53 years and
conditions have certainly changed, driven mainly by market manipulation of all
markets as a result of the Executive Order, which created the “President’s
Working Group on Financial Markets.” Those who doubt that are either on the
government payroll one way or the other, or you are just too dumb to understand
what is really going on. In spite of these machinations and ignorant naysayers
the bull markets in gold and silver are still alive and well. What you are
seeing are paper markets and the use of derivatives to effect short-term
pricing, especially when negative events are about to occur. Those events are
aided by naked shorting and illegal concentration in both gold and silver and
the shares. Mind you, this is being done in a market to control it and in
addition government and central banks relish stomping gold and silver into the
ground. For years they hid what they were doing. Today their manipulations are
in your face. These dramatic forced price falls are fortunately accompanied by
heavy buying by China, Russia, India and others. All the elitists are doing is
giving long-term investors an opportunity to purchase both metals at prices far
below their real value. Official government inflation figures say gold should be
selling at about $2,500 an ounce. Real inflation statistics would have gold
selling today at almost $9,000. Such deliberate under pricing is accompanied by
financial chaos in Europe and England, high oil prices that reflect the
possibility of conflict in the Middle East, the results of $1.4 trillion in
loans to 800 European banks, England on the edge of bankruptcy and the continual
quantitative easing and things such as Operation Twist by the Federal Reserve.
The official government line on statistics is all lies. We see one research
report after another pandering to these falsities, which is next to worthless.
The professionals and investors continue to use these bogus figures and continue
to lose money in the process..."
at http://www.globalresearch.ca/index.php?context=va&aid=29885
at http://www.globalresearch.ca/index.php?context=va&aid=29885
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