The Phaserl


An Issue Much Bigger Than Manipulation of the Gold And Silver Markets

by David Schectman,

JPMorgan is the gold market. They control 25% of all the gold contracts on the Comex. And they are on the long side of the trades. They are always on the right side of the trade and being long means betting that the price of gold will rise.

My timetable is anytime from the end of September, when gold typically moves up, or until after Bernanke leaves office. That’s six months max.

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