Metals markets are a bluff and silver isn’t there, London trader tells King
October 18, 2012 by goldguru · Leave a Comment
GATA
2:45p ET Wednesday, October 17, 2012
Dear Friend of GATA and Gold:
In the third and final segment of his interview this week, the London trader source of King World News says the London metals market has become a Ponzi scheme, that real silver especially is unavailable right now despite the huge volumes seemingly traded, that the Comex metals market is all about bluffing longs out of their positions, and that the commitment-of-traders reports on the metal futures markets are “groomed” and unreliable. The third segement is posted at King World News here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/17_L…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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