Precious Metals attacked! *Updated With Video* Submitted by ctkelly85 on Thu, 06/20/2013 - 10:02 in Gold & Silver DP Original We all know how important holding precious metals during the currency collapse is. It is my belief that they are doing this for three reasons:
1.) They want to shake the small hands of their positions through fear.
2.) They don't won't Gold and Silver to be seen as a "Safe Haven"
3.) The price of Gold is cheap so they can buy it up for cheap!
If you are unsure how the market is manipulated, I would encourage you to research that on Youtube. Keep in mind that JP Morgan no longer has a short position on Silver, because a lot of info is out there to bring them down on a previous short position (Meaning they didn't have all the Silver they promised).
Price of Gold when posted: $1293.94 (down $72.96 per Ounce)
Price of Silver when posted $19.97 (down $1.71 per Ounce)
Gold to Silver Ratio is: 63.35
11 Silver Things You Need To Know About Silver Right NOW
Check out a massive silver collection at the end of the Video:
Sprott Asset Management's John Embry tells King World News today that financial media reporting against gold has increased enormously but is unlikely to defeat the repositioning of the bullion banks to the long side and continued huge demand for real metal from China. An excerpt from the interview is posted at the King World News blog here:
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