There will be a direct intervention by the central banks to crush the precious metals market. When silver or gold makes a strong move upward as they both did today, the Federal Reserve central banks puke in their mouth a little bit. Even though they have been busted and fined for the criminal interventions over the last several years, and in particular in the last few months, the fines do not equal the danger imposed by the need for *Faith* in fake money. So they will gladly accept any amount of fine, and intervene usually before the end of the days trading session. Yes, even the economic *news* may report the fine for the crime they are about to commit today, the *News* will NOT put the dollar amount of this fine in perspective, but instead make it sound like they were fined multi MILLIONS of dollars, as if millions of dollars, is the little sister to the billions of dollars they will profit in a single day in the PMs market.
Posted on: Tue, 09 Dec 2014 17:32:15 +0000
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