Thursday, 29 August 2013

Cartel Attacks Mining Shares

Memo to Goldman Sachs, Blackrock, JP Morgan, Barclays and all the other monkeys that will remain nameless: Nice job showing how your backs are against the wall. Dolts.

As I warned yesterday, precious metals came under attack early in the New York session – especially silver. But all things considered, the cartel wasn’t able to do much damage. There’s a war brewing in the Middle East and buying of physical gold and silver has been so strong this week that the cartel is having a hard time making the paper market tail wag the physical market dog.

So, what to do? Well, there’s always the option of urinating all over the precious metals equities market for a second day in a row...

- Source, The News Doctors, read the full story here: