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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: "The Man" Hates Gold

"The Man" Hates Gold

posted on Apr 13, 2008 04:31AM

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0411.html

"As we have explained on several occasions, the Precious Monetary Metals and Strategic Commodities are the “Mortal Enemy” of The Cartel because they serve they threaten the legitimacy of their Treasury Securities and Fiat Currencies as stores and measures of value. See e.g. Deepcaster’s January, 2008 Letter “Market Intervention, Data Manipulation, Increasing Risks, The Cartel End Game and Latest Forecast” at www.deepcaster.com.

The question is whether The Cartel* still has the financial ammunition (e.g. over $1 trillion in OTC Gold Contract Derivatives alone, as reported by the BIS) to win the battles and will thus continue to be able successfully to opportunistically take down Gold and Silver.

Indeed, a clue that a pretext or catalyst for such a Cartel* Takedown Attempt may be near was provided by the April 7, 2008 announcement by the IMF that it will seek to sell over 400 tons of Gold in increments."

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