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It's actually not big news that the Evil Twins have been buying gold at the Comex. "Officially" Goldman Sachs became a "bull" again a few weeks ago (lol). What is big news is that they are taking delivery (i.e. converting their Comex "paper" to REAL gold, and TAKING IT with them).

There are only TWO possibilities here. Either the Evil Twins are now telling their clients to buy REAL gold, and not the phony paper of bullion-ETF's or they are accumulating real gold themselves.

Consider this: those who visit Jim Sinclair's web site know that he has only one wish these days, that gold "longs" always ask for "delivery" when they buy at the Comex. It robs the Manipulators of their "ammunition", and brings the day of a FORMAL default at the Comex that much sooner (or else defaults in the bullion-ETF's, since the SAME bullion is backing BOTH).

So, if in fact the Evil Twins, the leaders of the Manipulators, are taking away bullion from the Comex shorts this can mean only one of two things. Either they are ALREADY preparing (and protecting) themselves for Comex default, or buying (real) bullion to back-up the bullion-ETF's they are guaranteeing - because they are worried about default there.

Dan Norcini, the Comex expert at Sinclair's site was VERY excited about gold's technical break-out today AND the news about the Evil Twins, so I recommend people head there to have a look for themselves. Noricini's commentary from yesterday is ALSO great reading.

http://www.jsmineset.com/

 

{rokintensedebate} 

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