06 July 2011

Net Asset Value of Certain Precious Metal Trusts and Funds



Could the manipulation of gold and silver prices last week for option expiration at the Comex have been any more obvious?

The divergence between the paper markets and the physical economy is becoming increasingly stark on a number of fronts. This is a phenomenon that often marks the late stages of a control fraud, or a Ponzi scheme, as it begins to lose traction and confidence.