This is the most blatant market intervention that I’ve seen in 15 years of involvement in the precious metals market – IRD on SD Metals & Markets
Before we recorded this week’s SD Metals & Markets, Doc related a conversation to Eric Dubin and I about a conversations he had with two Authorized Purchasers of the US Mint which leads him to believe that the mint may be intentionally under-reporting silver eagle sales.
Doc and Eric invited me back on their weekly show to discuss the manipulated sell-off in the precious metals market this past week. Every day the Comex was intermittently bombed with huge quantities of paper gold. The only possible explanation for this is that the Fed/PPT wants to take the precious metals sector down in price ahead of uncontrollable financial event: