Jesse reports that the Game Of Musial Chairs in the Western Fractional Gold Reserve System is getting into the new stage with the record level of leverage. Now report from Bloomberg can be put into another perspective.
Bloomberg: London Gold Vaults Are Virtually Empty GLD, MUX, TNR.v, GDX
Bloomberg quite suddenly provides some really interesting information about the state of the gold market and ongoing manipulations around it these days. Could the reports about JPMorgan being Net Long Gold now be correct in the end?
Government Interventions In Gold Market: "The Double Face of Gold" GLD, MUX, TNR.v, GDX
"We have the second part of the interview with Dmitri Speck revealing the ongoing Government interventions in the Gold market. This view from Europe on the Gold Cartel and Government Interventions in Gold market is particularly important now with the announced investigations in the Gold Market manipulation by German and UK financial regulators."
Jesse Cafe Americain:
Comex Claims Per Deliverable Ounce at 79 to 1
Not to worry, JP Morgan has the situation well in hand.
They are just recycling the deliverable for the next go round in the next active month, February.
What could go wrong?