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2013-05-09 — caseyresearch.com
``Again, if the Sprott analysis is accurate, there's a lot of missing gold in the US equation, and it had to come from official sources, either of US origin or belonging to other countries. Either way, the leased gold represents a tremendous liability of the Fed and the bullion banks to which it was loaned.
In this context, the gold slam begins to smell like an operation designed to shake as much gold as possible out of weak hands so that the bullion banks can begin to recover it to square up their accounts.''
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