Saturday 27 April 2013

Someone parted with a LOT of Gold!........................from Rico

JP Morgan has accounted for 93.3% of the physical Gold sales at the COMEX for the last three months.

- Think that MIGHT be relevant in light of the suppression of Gold bullion prices over the past three months? Apparently the FTV does not think so, and here is what CFTC had to say: [crickets].

JPM has parted wth ownership of 1.966.000 oz of physical Gold bullion since 01 February.

- For the CFTC that's 74% MORE Gold than the US Mint delivered in all of 2012.

When it comes to selling physical Gold bulllion, JPM is clearly acting alone.

- The "red" boxes on the attached indicate physical Gold sold in exchange for Bernanke Bucks. [As a footnote, the 'Squid' aka Goldman Sachs sold NO Gold during the same period, despite their pronouncements to customers (Muppets) that the golden sky was falling.]



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