Burticus

Gold: What Professional Futures Traders Think

Compare the COT to the monthly Bank Participation Report and you will see that a couple Illuminist bullion banks control the vast majority of the short position in CRIMEX papergold. These are not "commercials" hedging gold production, but naked speculative shorts of a huge percentage of global annual gold production that are the pillars holding up the decades-long gold price suppression scheme.

Gold is the barking watchdog that warns the sheeple that they are being sheered of their savings by currency debasement. Papergold must be beaten into submission on the CRIMEX to maintain the central banksters' fiat currency racket. As the Chinese and other foreigners dump their FRN-based debt paper for real money, the scheme will unravel, the CRIMEX will default and the paper tail will no longer wag the golden dog.

As the world's paper currencies, led by the FRN, hasten their inevitable death march to join their ancestors in the fiat currency graveyard, then fiat currency Hell, nobody will be stupid enough to exchange real gold and silver for paper, even with big numbers printed on it. As Prof. Antal Fekete warns, when gold goes into hiding, the political, social and economic consequences will be devastating. The people's wrath will be unleashed on TPTB and their minions who are responsible for the widespread poverty and death.