Makes one wonder if Kitco is part of the effort to supress Au and Ag prices.

Kitco does have gold and silver pools. These are probably without backing and are severely underwater for them. I.e. it could bankrupt them to come up with the real metal if they were forced to. I'm not saying such is the case but someone has to be on the wrong end of all the paper gold and silver out there.

Sooner or later all those "short" of gold and silver are going to face a day of reckoning.

By short of gold and silver I do not mean actively short in the market but short in that they have money and run their operations with it that was obtained on the promise of real gold or silver which they likely do not have.

P.