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Re: Comex gold trading is a paper game: Jim Rogers
There will come a monment when they simply can't hold the water back any more. I hear Russia @ OPEC said something along the lines that the markets are fiddled & if it joins OPEC it was ALL members to price oil in a basket of moneys, not just the $ !
China already buys oil/gas from Iran for Euro's as does Japan.
Mike -
Re: Comex gold trading is a paper game: Jim Rogers
This may be a bit of a bombshell, but....
How about the Central Banks leasing their gold supplies to control the price of gold? I came across the Gold Anti-Trust Action Committee, which posted:
http://www.gata.org/node/7256If Jim Rogers doesn't know about it, it can't be happening
Submitted by cpowell on Sat, 2009-03-14 00:10. Section: Daily Dispatches
8:13p ET Friday, March 13, 2009
Dear Friend of GATA and Gold (and Silver):
Warren Bevan, editor of Precious Metals Stock Review, was unfortunately not well prepared when, the other day, he interviewed renowned investment fund manager Jim Rogers and raised the question of manipulation of the precious metals markets.
Rogers dismissed the possibility, remarking, in part: "It would just take a massive, massive conspiracy that would have come out by now. Nothing that would have been that big could remain secret that long."
Bevan was unable to produce specifics for Rogers and ask him to respond to them, unable to note that of course the gold price suppression scheme has come out -- many times, sometimes even as official acknowledgements. But Rogers believes that it can't have happened because, all-knowing and all-seeing, he would have heard about it already.Comment
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