Some of us object to the manipulation of gold and silver prices, because they are illegal and pose a great danger to the financial wellbeing of the US and the West.
1. First of all, the manipulation is illegal. It is fraud and theft. The COMEX is rife with the sale of PM options where the options do not represent actual gold or silver. This is naked shorting which is prohibited. Regulatory agencies have ample evidence provided by whistleblowers, but sit and do nothing. The perps (both the naked short sellers and the regulators that ignore their crimes) should be brought to justice.
2. The suppression of PM prices result in gold and silver being transferred to China at below production costs. When a new global financial order will be restored, America will suffer.
Saturday, September 21, 2013
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