RE: COMMERCIAL BANKS COVERING GOLD AND SILVER

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COMMERCIAL BANKS COVERING GOLD AND SILVER

in money •  8 years ago 

Not a safety net, it is manipulation. The metals are in competition with paper assets for use as money [ store of value - specifically ]. More short positions influence the price downward, while more long positions [ contracts ] influence the price upwards.

The question is: How long will it keep working? Read some stuff by Ted Butler or Clif High. We believe not much longer.

money
8 years ago by

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