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The Great Debate, Part II: Christian Confesses

I ended Part I having concluded my review of the process of this debate, where I pointed out a number of serious deficiencies. Most specifically, the host of the debate, Jim Puplava, allowed Jeffrey Christian to poison the atmosphere by repeatedly denigrating both Bill Murphy and GATA with his gratuitous rhetoric – contrary to the explicit “rules” for the debate which Puplava had announced.


At the same time, I told readers that despite those defects, when it came time to analyze the substance of the debate that they would encounter revelations which will confirm all the suspicions of the gold-bulls – and shock the “disbelievers” of gold-manipulation. Now it's time to deliver on that promise.


To Puplava's credit, most of the topics for debate were selected right off of GATA's web-site. This partially negated Jeffrey Christian's advantage, which I discussed in Part I: Bill Murphy had to try to positively establish a proposition, while Christian was in the position of merely being able to deny, deny, deny. Given those parameters, the prospects for significant insights appeared slim. However, as gold-bulls are learning, we should never underestimate Jeffrey “100:1” Christian.


After all, the prospects for any useful developments at the CFTC hearings seemed slim, once that corrupt entity refused to allow veteran metals-trader, and “whistle-blower” Andrew Maguire to testify about the years of rampant, precious metals manipulation which he had directly observed in his own, personal experiences...and then Christian shocked the world by stepping in front of the microphone and blurting out that the “gold market” was a hundred times the size of the actual amount of “physical” metal in that market. However, I'll return to Christian's previous revelation later on...

Read the rest:   www.bullionbullscanada.com/index.php?opt...