Gold Futures (GC\Z15)

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I was looking at the ihub 5yr gold chart for 2011-12, that is when everyone was gaga for gold with morgan stanley pumping & dumping while releasing prs that it could go as high $2.4k per oz.
You see what it did. My question is did it make it to $1900. I really could not tell from the chart.
I don't think it did, think it's high was $1883 in 2011 when the bubble popped.
goldman sachs, morgan stanley and ubs pumped it back slightly over $1800 in 2012.... They dumped what they had left, then shorted it once they saw the gold rush had topped in 2011. gold was already on its way back to $1k per oz by the end of 2011.

That was slick,
A Robbery in broad daylight by 3 Banks. That's ok though, those (3 Pooor Financial Giants needed that money) so they took it from investors.
Remember Phil Gramm saying that we want our money back when he was running for president.

Phil became a vice president for UBS, it's good to know that at least Phil Got his money back... and investor's money also.
There is much more to phil gramm's shenanigans than people realize.

....check out this article published january 1, 2012...

1-11-12
"Both Goldman Sachs and Morgan Stanley have confirmed that Gold is one of their top picks for 2012 while UBS has put a target that represents over 50% in gains from current levels."

By using the word (Confirmed)... how many people do you think it suckered into buying ?
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