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JerseyJoe
Member since October 2013
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Heavy PM Shorting Bullish

- Adam Hamilton - Zealllc

STOP WITH THIS FREAKING BS ABOUT DEMAND FALLING IN 2013!!!

FACT: Right before the $20B naked short of gold in April 2013, Goldman Suks issued an "OMG Sell Gold" to the entire WORLD...then proceeded to buy GLD hand over fist after the $20B naked short.

Here look at the evidence - no one in the financial media has EVER pointed out.

http://www.zerohedge.com/news/2013-08-30/guess-which-bearish-bank-bought-record-amount-gld-q2

Banksters are the fiduciaries of GLD and are the only ones who can fleece it of its gold after scaring off investors on their "Sell, Sell, Sell" reco.

Here is another fact not often reported Goldman Suks bought the key London Gold traders, J. Aron and learned from the best - now most of their senior leadership - including Blankfein all trace back to this London gold trader. Hmmm.

Quoting the NYT:
Now, J. Aron alumni control the elevator to the executive suite. In the latest sign, Goldman Sachs announced last month that one of them, Harvey M. Schwartz, will be succeeding David A. Viniar as chief financial officer.

Mr. Schwartz, who got his start at J. Aron in 1997, joins a vaunted group.

The bank’s chief executive, Lloyd C. Blankfein, started at J. Aron as a gold salesman just months after Goldman bought the firm. Gary D. Cohn, Goldman’s president and chief operating officer, was hired as a metals trader in 1990 and quickly established himself as a go-to guy to fix tricky situations.

SO STOP THE BS ON THE ROOT CAUSE WAS DEMAND NONSENSE - THE ROOT CAUSE WAS FLAT OUT MANIPULATED!!!! PERIOD - END OF STORY. By repeating this nonsense spun in the media - it shows that you are either ignorant or willfully ignoring the facts for fear of being labeled a conspiracy theorist.

Commented 3518 days ago

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Beginning of the headline :Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals.This selling pressure has come from the usual suspects, American futures speculators.Theyve been busy aggressively dumping gold and silver futures, particularly on the short side.But each time they pressed this bet in the past 15 months, gold soon surged higher.Shorts are bullish since they must soon be covered.Gold suffered its worst quarter in 93 years in 2013s second quarter, a nauseating 22.8% ... Read More

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