An amazing 2 minute video that went out on mainstream TV. http://bloom.bg/TFLH1G If someone can reply to the topic and embed the video that would be great, I can't get the script to work. (Bloomberg supplies the script if you click on "share").
Yes, good post! Good topic! We've hear about silver manipulation, but quite little about this... it's a rare issue discussed. ETF's and various other "papers" inflate or reduce gold price without having any solid metals in the background. Paper is present in precious metal investments as well. The PM market isn't free of paper certificates and artificial influential factors either! Too bad. Stackers should be aware of this influential factor.
I was shocked when he said that banks rehypothicate the gold multiple times and make interest on each deal. If any professionals are on the forums and can give their opinions on the sicnificance (sp?) of this video, I'd appreciate it. I think it is huge.
Tangent is rickards' company. Rickards was a player in the ltcm collapse. If you've read what Armstrong has to say about ltcm then it kind of makes you question rickards. Food for thought.
