We are teetering on the edge of a massive 'readjustment' in the silver/gold price ratio (amongst other nightmare imponderables) if this is now about to vibrate to peak dissonannce. Whatever have the 'masters of the universe' created here? ( I also wonder if the ploy includes short the stocks and go long silver in fits and starts).
Paul Mylchreest: Long Nikkei / short gold -- profitable, dangerous, and missed by everybody?
Submitted by cpowell on Thu, 2014-12-04 15:42. Section: Daily Dispatches
3:41p GMT Thursday, December 4, 2014
Dear Friend of GATA and Gold:
Market analyst Paul Mylchreest of ADM Investor Services International Ltd. in London today published a report arguing that for more than two years gold has been pushed down as part of a two-pronged trade boosting the Japanese stock index, a trade hedging its gold short with silver futures. Such a trade, Mylchreest writes, would be both "cynical" and "really clever" even as it created systemic risk. Mylchreet's report is headlined "Long Nikkei/Short Gold -- Profitable, Dangerous, and Missed By Everybody?" and it has been posted at GATA's Internet site here:
http://www.gata.org/files/FulcanelliReport-Mylchreest-Nikkei-Gold.pdf
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
