If you study the gold and silver market long enough you can’t but acknowledge that the precious metals are manipulated. Last friday drop (october 11th) in gold was another example : 2 millions ounces of paper gold were sold in less than 3 minutes (read the explanation here) at a time when the market is the most illiquid and when the CFTC (US market regulator) is closed due to US government shutdown.
The manipulation that triggered a 2 years correction can be very difficult for gold investors to experience, unless they recognize that it create an opportunity to acquire physical gold at an artificially low price.
The question all gold investors have in mind is “When will the manipulation end ?”. In the interview below, James Rickards, author of the bestseller “Currency Wars : The making of the next global crisis” give some very interesting answers you won’t read in the mainstream media. It is high level information from an an expert who anticipated long ago what’s happening today.
With China now openly calling for the end of the dollar as the international reserve currency, we are getting closer to major events that will change our international monetary system.