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Banksters’ paper-fraud funds still disintegrating

by Jeff Nielson, Bullion Bulls Canada:

It’s been a while since I’ve added to this thread, mostly because there has been a LOT of huffing-and-puffing over the past few months about buyers returning to the Banksters’ paper-fraud funds in the gold market.

It turns out this was all lies:

…Global holdings in exchange-traded products have fallen to around 2,027 metric tons, around the low from May 2010, according to data from Barclays. The record was 2,768.16 tons at the start of the year.

Outflows for October so far are around 34 tons, surpassing 25.7 tons in September and 17.9 in August, said Suki Cooper, vice president and precious-metals analyst with Barclays. Holdings in the world’s largest gold ETF, SPDR Gold Shares (NYSE: GLD), are at their lowest level since February 2009, Barclays added.

Read More @ BullionBullsCanada.com

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5 comments to Banksters’ paper-fraud funds still disintegrating

  • Frank Zak

    March 17 to 21, 2014

    The great gold and silver bottom prediction.
    Based on my cycles, which are unknown to the public.

    The market can be going up when it hits, but typically
    it will look like a bottom.

    This will be your last chance during that week.
    Even if gold is at $1500 it will still rocket to the upside.
    This is 21 weeks away, but I would buy in on the Friday
    before that week begins to make sure you don’t miss it.

  • Frank Zak

    Before you laugh remember I am documented as
    having called the exact top on gold within hours
    of its occurance. I called the exact month real estate
    would bottom here on SGT and said then it would skyrocket.
    No one listened.

    I was a major blogger at the time warning of the great
    real estate collaspe 6 months before it happenned.

    Its fun doing this, because most the time people get really
    mad at me because my predictions are not what they
    want to hear.

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