Bullion Banks Look Like a Failing Currency Peg

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4 years ago
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In this video, we look at the recent price action of gold and silver after they got hammered going into the weekend. More and more this looks like the last-ditch efforts of bullion banks to prevent a runaway price spike they can't control, which would render them insolvent. There simply isn't enough gold to deliver at these prices, but if they let prices rise, their shorts will crush them.

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