This is Bill Murphy, GATA chairman and of #810081;">www.LeMetropoleCafe.com, and this is about my commentary on Friday. To get right to the point, three quality sources told me three weeks ago that the gold and silver markets were going to take off in August and I have been pounding the table on such ever since. The action in the Gold Cartel suppressed precious metals markets the past few days suggests that surge has already started.
As part of this surge, it has come to my attention that the
nefarious activities of JP Morgan’s manipulative short position in the silver
market is going to come to light in August, especially since they still have a
big problem with that position … and part of it relates to their announced
“whale trade loss issue,” if what I am told is spot on.
The Barclay’s Libor scandal has alerted the investment world how
manipulated the financial markets really are. The Gold Anti-Trust Action
Committee has been sounding off on this critical issue since January 1999. On
January 31, 2008, the Wall Street Journal printed GATA’s $264,000 full page
color ad about the ramifications of the gold price manipulation scheme. We used
the words “disaster” and “catastrophe” about what was coming in that very ad. In
typical fashion, the press ignored GATA and how prescient we were…"
No comments:
Post a Comment