poppa bear
03-01-2009, 08:53 PM
A small news item appeared in the press this week, one which gathered almost no attention. If Morgan Stanley expects gold (http://www.goldnewswire.net/gold-is-money#gold) to slide all year, and silver to slide all year, like down to $11 per ounce in a corporate research forecast, then maybe they should tell Goldman Sachs. The kings of insider trading, taking full advantage of both US Govt implemented policy and politically managed commodity indexes, Goldman Sachs made an important move. They covered their remaining 69 short gold futures positions on the Tokyo Commodity Exchange (TOCOM). They have reduced their position to zero. In May 2006, the GSax position reached 52,000 short gold contracts. Now it is zero. TOCOM is unique, unlike the corrupted US commodity exchanges, since it requires all parties to post and publish their positions in a public manner. So Goldman must know something about the hugely positive prospects of gold.
Now I'd like to see the other crime family, JP Morgan liquidate their illegal gold and silver naked short position on the crooked COMEX.
The following is a great article by Jim Willie CB on the state of the World Monetary System and gold. The story.... (http://www.goldnewswire.net/gold-is-money#gold)
Now I'd like to see the other crime family, JP Morgan liquidate their illegal gold and silver naked short position on the crooked COMEX.
The following is a great article by Jim Willie CB on the state of the World Monetary System and gold. The story.... (http://www.goldnewswire.net/gold-is-money#gold)