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Re: White Cobra post# 18994

Friday, 11/30/2012 12:55:09 PM

Friday, November 30, 2012 12:55:09 PM

Post# of 22255
WC, "so blatant even the normal sheep could see it" (manipulation). LOL great humor.

It seems the big manipulation is that of PROTECTING THE U.S. DOLLAR at ALL COST. Precious metals price manipulation likely began immediately after Nixon ended conversion of the U.S. dollar into gold in 1971 effectively putting the world on fiat currency. It's become apparent precious metals price manipulation (going on for decades) is just one of many ways the U.S. has of plugging holes in a sinking ship/dollar value/economy.
ALL COST is pretty inclusive - abandonment of Constitutional rights (shameful & exceedingly unwise), confiscation of 'segregated' investor deposits (theft is unlawful), export of inflation (extremely cruel to the poor in 3rd world countries) bankruptcy of foreign countries (immoral), etc.

None ought to be surprised that gold&silver prices are heavily manipulated and the manipulation will not be ended voluntarily. Jim Sinclair and other analysts suggest the manipulation will come 'unglued' when world demand vacuums up enough gold&silver to bankrupt the 'paper' gold&silver enterprises (COMEX & others). Sinclair says we'll know when this happens as gold will have days when it trades in a hundred dollar range and silver will have a range of dollars.

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