Some recent history (Interview of Treas. Off. on 2/14/13)
On April 14, 2013 there was a big CRASH in the PM markets on huge volume. Perhaps now is a good time to look back at that date. Dr. Paul Craig Roberts, a former Treasury official was interviewed. Some of what he had to say just prior to that date:
“Dr. Roberts: “This is an orchestration (the smash in gold). It’s been going on now from the beginning of April. Brokerage houses told their individual clients the word was out that hedge funds and institutional investors were going to be dumping gold and that they should get out in advance.
Then, a couple of days ago, Goldman Sachs announced there would be further departures from gold. So what they are trying to do is scare the individual investor out of bullion. Clearly there is something desperate going on….”
The full interview can be found by putting the title in your browser:
“Fed Orchestrated Smash In Gold - King World News”
Note that the above is dated 2 days prior to April 14th.
For your own perspective go to the GOLDPRICE website. You can detach the charts with the “Pin” icon so they fill the whole screen. There is an option for volume. If you take the time to access all the options you’ll discover information that no other charts provide on PMs. These charts clearly show an enormous spike in volume that was concurrent with the plunge in price on April 14.
Currently volume is very low. This could (?) mean a large uptick in price, or (?). If not a buying spree it will mean the Fed has become desperate in the face increasing prices due to seasonal factors and will orchestrate another CRASH with their worldwide bankster buds, including the newly founded Nathan Rothschild Hong Kong Metals Exchange.