Bill Kaye - Gold "Price Damage Beyond Belief"; Banks Have Switched Sides, Foreshadowing Rally

So to prevent wholesale defaults by JP Morgan and everyone else, this raid was commenced.  The bullion banks have now gone from net-short gold, and like ABN AMRO -- at risk of defaulting, to now being very long gold.  And because they are long, our thinking is that we should also be long..

So the central banks are simply creating a setup where they can covertly recapitalize their member institutions, which are the very people who own them (the central banks).  Don't forget that 100% of the stock of the Federal Reserve system of the United States is owned by these criminal banks.  And they are now in a position to benefit from rising prices in both gold and silver...