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Re: kraticka post# 923

Wednesday, 10/09/2013 12:21:29 PM

Wednesday, October 09, 2013 12:21:29 PM

Post# of 1526
I'm beginning to suspect there may be some type of Federal Reserve supported meddling in the precious metals futures markets, and I have never, ever been in the conspiracy camp before. The only other reasonable explanation for this drop would be the possibly credible world wide recession/depression theories, but with the unfettered creation of fiat money around the world, it still makes little or no sense not to have at least a small position in highly liquid commodities such as gold or silver. No, I think the evidence is mounting for some type of manipulation. I'm currently asking questions and seeking information about the so called, "Plunge Protection Team", officially titled The Working Group on Financial Markets. I'm wondering if they are using the virtually unlimited capacity of the Federal Reserve to protect their massive balance sheet of low interest Treasuries, which would literally crash if interest rates get out of control. The PPT was set up to intervene in a crisis which I think may just be where we are today.

http://en.wikipedia.org/wiki/Working_Group_on_Financial_Market


I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!

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