|
|
|
|
|
|
Here’s the video of my
original interview, recorded on Monday, February 27, 2012, about gold and
silver price manipulation on the Keiser Report with Max Keiser. Regarding my
comment on gold-shorts being “trapped”, I do believe that there
will be times in the future when gold and silver shorts will be squeezed and
that this action will force prices higher. However, data I had uncovered
about Central Bank movements in the gold and silver market led me to disagree
that they were trapped at the current time, and thus two days after this
interview was recorded, my suspicions
regarding a take down in gold and silver that I had raised were
certainly verified as the cartel hit gold for more than $87 an ounce and
silver for a whopping $2.20 an ounce on the last trading day of February.
Still, I believe that it is highly unlikely that the bullion banks
perpetually short gold and silver in the fraudulent markets will ever be
subjected to a short squeeze in the manner that Goldman Sachs et
al allegedly used insider trading information to squeeze hedge fund SemGroup‘s oil shorts in 2008 to drive oil
prices to $150 a barrel in a very condensed period of time.
If bullion banks were taking the
opposite side of the bet and were net long gold and silver and were trying to
squeeze speculators that were short gold and silver for their own benefit,
then I would agree that the shorts could be run over and stampeded over, as
happened to SemGroup in 2008. However, because the
bullion banks perpetually maintain positions that suppress the price of gold
and silver, I don’t ever foresee them getting run over in a manner
comparable to what happened to Semgroup. And if, oh
joy, the bullion banks’ shorts against gold and silver were run over,
I’m not necessarily sure that they would choose to add longs to counter
the losses of their shorts. Given the precedent we have from the MF Global
fiasco, I could even foresee the bullion banks just defaulting on their short
obligations and turning to the regulators that continually aid and abet (SEC,
CFTC, et al) them to wipe their debt clean. I sure hope that this would not
be the case, but no future criminal act of the banking cartel will astound or
surprise me anymore.
Despite the transparent Bullion
Bank and Global Banking Cartel attacks executed against gold and silver
futures and spot prices, always remember the following: Gold is Sound Money.
Silver is Sound Money. The money Central Banks tell us is “money”
is not. Sorry for the funny angle of my webcam during this interview!
 
http://www.youtube.com/watch?v=hrtr87XYG4s&am...player_embedded
|
|
|
|
|