The policies of the Fed and concern about the US losing control are being increasingly criticized by increasingly credible sources. Angela Merkel is the latest to stand up and be counted about the risks to the dollar from the fed's interference in the "free" markets. Indeed, when banks can not pay government loans without permission, CEO's removed from positions by governments etc ... the market is hardly free.

In any case, the manipulation by the fed through JP Morgan or Goldman Sachs etc in the gold and silver market is not only increasingly obvious it is perhaps the most dangerous move in the attempt at protecting the value of the US greenback.

As Russia and China strongly advocate increased use of gold as a backing for a reserve currency and other countries ease their way out of the use of the US$ for trade amongst themselves, the level of manipulation in gold and silver increases. Despite this, the strength of those commodities continue to rise and the predictions for continued price rises for them mount further by those not traditionally considered gold bugs.

I have included excerpts from a very credible source, Ted Butler. For those of you who are not familiar with his archives and do not customarily read them, the most useful thing I could ever do for you is to strongly encourage you review them for yourself. He uses published government data in making his assertions which I have personally verified on a couple of occasions until I became a believer in his work.

The concentrated short position in silver is larger than any other commodity in history. Four COMEX traders hold a short position of more than 235 million ounces. That’s equal to 35% of world mine production. It’s equal to 43% of all the visible silver bullion in the world. It’s also equal to 70% of the entire COMEX futures market, once all spreads are removed from open interest.

Those not invested in silver, or silver miners may want to take advantage of this fact. As for the recent gold rally,

The recent rally appears to be mainly COMEX-generated, in that more buying has taken place in gold and silver futures than in any other venue. Yes, there has been recent buying in the big ETFs (including yesterday’s 8.3 million ounce addition to SLV to a new record of over 276 million ounces), but the big buying and selling has been in COMEX paper contracts. That paper buying has been by leveraged speculators and the paper selling has been by the commercials, with all the new short selling by the big concentrated shorts.

The continuned attempts to suppress the price of gold by the commrecials who are being backstopped by the fed/US, will be the cause of teh avalanche.

Clearly world demand for gold is increasing and with that its price. The move by other countries away from the Fed can not be stopped and the avalanche effect it will have on the US$ will be completely overwhelming and cause financial ruin to the people of the US.

Be prepared for this tragedy ... hyperinflation on goods imported by the US will occur in no time as countries refuse to accept payment in US$'s .

If you haven't, stock up on necessities, even if only a 3 month supply .... this will indeed be your best insurance policy against the ineveitable avalanche.

orgy