I haven't been posting lately but I'm still reading. I have lots of faith in Sinclair but that faith is starting to falter now.

Didn't he say not too long ago that the hedge funds are the ones who kept the price of Gold below $1,800 and who have brought the price down thinking that there were no more QE and that they didn't stand a chance against the Inv. banks who have been net long now.

Now yesterday he says that the Big banks are keeping the price under $1,600.

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In fairness to JS, what prevents a bank from having various "funds" within itself? Simply, I doubt the gov't will have a fund blatently under its own name.