US Resorts to Illegality to Protect Failed Policies — Paul Craig Roberts & Dave Kranzler - PaulCraigRoberts.org
US resorts to Illegality To Protect Failed Policies
Paul Craig Roberts & Dave Kranzler
In a blatant and massive market intervention, the price of gold was
smashed on Friday. Right after the Comex opened on Friday morning 7,008
paper gold contracts representing 20 tonnes of gold were dumped in the
New York Comex futures market at 8:50 a.m. EST. At 12:35 a.m. EST
10,324 contracts representing 30 tonnes of gold were dropped on the
Comex futures market:
No relevant news or events occurred that would have triggered this
sudden sell-off in gold. Furthermore, none of the other markets
experienced any unusual movement (stocks, bonds, currencies).