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Re: NYBob post# 168

Tuesday, 07/16/2013 11:10:12 AM

Tuesday, July 16, 2013 11:10:12 AM

Post# of 384
"The market is manipulated"
Big surprise

Chris Powell made some points that many suspect but few acknowledge:

Nothing could be more politically incorrect than to say we don't have free markets in the Western world...

A gold price suppression scheme is government policy.

The surreptitious intervention in the currency and gold markets is Western Central Bank policy and financial journalists rely on bank sources....

Meanwhile SAS with a 5.25 PE ratio languishes nearer it lows than highs. If gold could be manipulated further downward, there is some downside risk in SAS as seen on this chart. But there is tremendous upside potential with some resistance levels along the way.
If one sees credence in Chris Powell's findings and can foresee an unraveling of downward manipulation in the metals markets, then ST. Andrew Goldfield with real assets and income is set up to vastly out pace a precious metals run up.