In a stunning article from internet news-site “Seeking Alpha”, numbers and facts revealed that without the last-minute sale of over 1 MILLION ounces of gold by the ECB, there would almost CERTAINLY have been a formal default in Comex gold futures-trading.
Nationalized mortgage-giants, Fannie Mae and Freddie Mac both quietly ended their moratorium on foreclosures on March 31st – so quietly that many housing groups in the U.S. were not even aware of it.
The day Stephen Harper named Goldman Sachs Stooge, Mark Carney to run the Bank of Canada, the "Loonie" had been one of the world's strongest currency for the preceding few years.
Ever since that day, the Canadian dollar has been one of the world's very weakest currencies - losing 1/3 of its value against the worthless, U.S. dollar.
If the criminal manipulators engaging in precious metals futures-trading (in the totally corrupt “Comex” exchange) don't implode from their own failed enterprises, increasing competition from other futures markets for precious metals should help to bring their crime-spree to an end.
Eric Sprott, founder of Sprott Asset Management, and one of the most respected money-managers in Canada has a very simple philosophy for his clients these days: go “long” on precious metals, and “short” everywhere else.
One of the most popular commentaries on this site, to date, was a piece I wrote about Ted Butler's most-recent investigation into the ongoing manipulation of the silver market (“Silver Manipulation the “worst in history” - Ted Butler”).
As many know, the (supposed) hoard of U.S. gold at Fort Knox has not been independently audited for over fifty years. It goes without saying that if the U.S. actually has the gold it claims to have there could be no possible reason for preventing independent verification.
As the over-hyped meeting of the “G-20” world leaders is about to take place, several prominent European leaders have harshly criticized the U.S., both for the policies which created this crisis – and for the equally reckless U.S. suggestions for “solving” this crisis.
By the time “the dust settles” at the end of March, total U.S. weekly lay-offs will amount to nearly three million jobs. Yet, according to Bloomberg, the U.S. government is about to make the fraudulent announcement that only 660,000 jobs were lost in March – equal to one week's lay-offs.
