by Bill Holter, MilesFranklin.com:
Yesterday the CEO’s of many major banks are meeting with the president in Washington…again. This will be the third such meeting in 5 months. Speculation and rumor has it that these CEO’s will be queried and discuss the current government shutdown and the debate to raise the debt ceiling. As I’ve said before several times, I would love to be a fly on the wall to hear not only what is discussed but the “tone” of these discussions.
I say this because gold was trashed last April right after one of these meetings and trashed again yesterday one day ahead of the meeting. Tuesday saw 40 tons of gold sold in 3 separate 1 minute intervals and exactly 1 minute after the pre COMEX open, again 1 minute after the COMEX open and then again 1 minute after the London morning fix.
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