2013-06-21 — kingworldnews.com
"It's the end game of a fantastic manipulation of the markets. I'm looking at my screen now as we talk, Eric. I'm in L.A. (Los Angeles), but we are still in Asian (trading) time with London just coming in at the moment, and we've traded over 94,000 contracts.
if you need to sell, why are you selling at the worst time of day? Why are you selling in Asian time, which is always the thinnest section of trading? Why don't you wait for London and Chicago to take over?
And the answer is very obvious: These markets are clearly and blatantly being manipulated. The people doing it have clear price objectives. My guess is they want to see a print below $1,300 (on gold) before they are done. That will allow people (trading for the bullion banks) to make profits on their shorts.
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