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Gold futures expire today, June 28th. If you follow the manipulation theories, it is just prior to expiration time, either in futures or options, that paper shorts increase their net short positions in order to manipulate precious metals (and stocks) downward. This allows the manipulators to profit as the contracts they sold to unwitting [...]  It is amusing to see the media cite a million different reasons for the sell off in both precious metals and stocks today. Chief among them was Goldman Sachs being charged with fraud, as if we didn’t already know they were manipulating the markets to suck the remaining wealth from the middle class and [...] |
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Central Banks Buying Gold
The IMF will likely find eager buyers for all of those ounces of gold that they continually threaten to dump on the market. Not only have we seen foreign governments such as China and Russia increasing their gold reserves lately, but Forbes just reported the following:
Central banks may be justified in increasing their [...]