Lionheart

How Precious Is Silver?

I personally believe the reason the big jump in gold and silver happened is because of "unheard of" numbers of people - investors and dealers - were taking physical deliveries of their gold and silver at the comex and nymex while at the same time......NAKED shorts were diluting the crap out of the stockpiles in the warehouses.

In other words.....we were headed for the mother of all precious metals defaults. So the CFTC had no choice but to tell the criminals JP Morgan, Citibank and Goldman to "COVER" because they know dam well they aint got any gold or silver to deliver their short contracts with.