LBMA GOLD FLIGHT, 580 GOLD TONS PURCHASED, SILVER & MORE

from KingWorldNews:

“However, by manipulating the gold price lower through the foreign exchange interventions, they’ve succeeded in forcing 600 tons of ETF redemptions, COMEX capitulation, and drawn in an unprecedented level of fresh managed money short supply. This has now successfully allowed the bailout of the bullion banks to the point where they have been able to get net long (gold) futures. The two primary bullion banks that we all know about are net long.

But from a cash forex trading (currency trading) point of view, we are definitely still seeing aggressive official intervention, including the post-Bernanke smash (in the metals). Any time he speaks we get the same thing. The problem is this cash market intervention is also causing precious (metals) bullion inventories to deplete at a much faster rate than if gold was priced at $1,900.

Andrew Maguire Audio Interview @ KingWorldNews.com

Editor’s Note:  This clip below was relevant to the above…

The Golden (Sentiment) Rule: If It Isn’t Off The Chart Now, It Soon Will Be

Comex Gold Shorts 06-29-13

Remember: what is unsustainable, can never crash…



Categories: Clueless, Dumbing us Down, Prep, REAL Money

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