Alert: “Bullion Banks Risk Being Very Badly Squeezed” in the Gold Market

from King World News

Today one of the greats in the business warned that the “bullion banks risk being very badly squeezed” in the gold market.

World On The Edge Of A Major Downturn

December 6 (King World News) – As we come to the end of trading in the first week of December, here is the second important note from Alasdair Macleod regarding the the trading action in the gold and silver markets: While gold recovered some lost ground this week, silver went nowhere. From last Friday’s close, gold rose by $9 to trade at $1473 in early morning European trade today, while silver lost 15 cents at $16.88. Comex volume in both metals was subdued.

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