17 December 2013

Gold Daily and Silver Weekly Charts - FOMC Tomorrow

"The doctrine of willful blindness is well established in criminal law. Many criminal statutes require proof that a defendant acted knowingly or willfully, and courts applying the doctrine of willful blindness hold that defendants cannot escape the reach of these statutes by deliberately shielding themselves from clear evidence of critical facts that are strongly suggested by the circumstances."

U.S. Supreme Court, Global-Tech Appliances, Inc. v. SEB S.A. (2011)

I spent quite a bit of time looking at the movement of gold and silver bullion in and out of the various funds and ETFs that have sprung up.

I do not have enough facts to be sure, but one might suspect that the bullion banks are using some of the ETFs, as well as leased central bank gold, as their bullion ATMs in support of the great shell game that is the Western pricing of the precious metals.

But why speculate. Let's watch this play out. I am somewhat optimistic that eventually justice will be served, one way or another.

Have a pleasant evening.