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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Deeeeeepcaster

Deeeeeepcaster

posted on Aug 23, 2008 06:51AM

Indeed, were it not for active Gold Price Suppression by The Cartel, Deepcaster believes Gold would have exceeded $2500/oz. by now.

For example, observing the markets upon arising on Tuesday, August 19,2008, Deepcaster noted that the two main stories headlined in the Big Financial Media were the prospective collapse of Fannie Mae and Freddie Mac, as well as the July PPI increase of 1.2% - - twice what was expected.

Of course, Gold and Silver should have rocketed up on this news but, instead, Gold was down several dollars at the time and moved very little when the PPI number was announced.

Similarly, in mid-March, 2008 when the Financial Crisis culminated (temporarily) with the demise of Bear Stearns, Gold and Silver were smashed down, whereas in a Free Market they would have shot up.

Clearly Gold and Silver were being capped, as they seem to have been every time this year when negative economic data or market developments are revealed.

http://www.financialsense.com/fsu/ed...

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