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Message: Gold manipulation; how far down?; CFTC discussion

Gold manipulation; how far down?; CFTC discussion

posted on Jan 21, 2010 10:04AM

This excerpt below discussed gold manipulation, etc.





As Ted Butler said in commentary to his private subscribers yesterday... "There was nothing accidental about this move down in silver and gold". And as I, dear reader, have stated many times before [and earlier in this commentary], it's the concentrated short sellers that engineered this whole thing... mainly JPMorgan. There's no way of knowing how long this price decline will last, either. It will be over when 'da boyz' have covered as many shorts as they possibly can. That's why Butler has been screaming about position limits [and phony trading exemptions] in silver for more than 25 years. Maybe something will be decided when the CFTC has its meeting about this very thing in early March.

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