Gold and silver: Is the jig up?

1. I have given you the outline of how the price of gold and silver is suppressed;

2. I have also said that this scheme will unravel - one of these days.

3. The unraveling has started.

Now some comments.
a) People have wised up to the gold price suppression scheme. The scheme needs willing suckers who buy paper contracts on margin. Smart investors are buying the actual metal, or, buying the paper contract without margin and insist on taking delivery.

b) Actual metal supply has gotten short, especially the supply of silver. The US Mint and the Canadian Mint had to stop minting silver coins because they ran out of silver. (Would you have thought that paper silver can not be used in minting actual coins?) Even 90% silver coins are in short supply.

c) Other precious metals (especially platinum) have also started to increase in price.

d) As you can see, Larry's prediction about a crash in gold and silver prices are not coming true. Why? - you might wonder. It is due to the difference between Chartists ans Fundamentalists. Chartists believe that the chart tells all, so it does not matter why prices change, what matters is that prices change on volume changes. Fundamentalists believe that it is the fundamentals of an issue that will ultimately set the price. The precious metal market has been distorted and the distortion is now being overwhelmed.