Wednesday, October 16, 2013
Peter Grandich--The More Things Change-The More They Rig The Gold Market 30.Sep.13
We've had twelve good years of a precious metals bull market. What's a year or two of correction? Peter sees today's action in the precious metals markets as futher confirmation of the desperation of trying to keep a lid on the bad news. Who in their right mind came into work today thinking they were going to sell gold in the face of a government shutdown and a potential default? Probably not too many long term holders for sure. But the elites need to control the market perception and will do whatever is necessary to accomplish that end. How much longer is the only thing you really need to concern yourself with.
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Labels: Peter Grandich