To bad the FED won't cooperate....these naked short contracts are driving gold down down down

If NIXON took the U.S. off the gold standard then ?? Why not sell it all at a high price and pay down your debt ??

Cause......

• The U.S. has no gold, just pretend they do!
• ETF's are committing to the same bar over and over ( fractional banking )!
• Chinese and Russians have it all!

Watching the COMEX is analogous to herding cats at the animal shelter. That being said....you think large producers would just say...it's no longer feasible for us to produce Gold in the U.S. at current levels.

Just take the 15 top Gold producers...write a joint letter stating :

• These naked shorts supported via the FED are hurting our business and profits...and we are in business to produce and sell gold. Starting August 1rst 2014 we will selectively reduce our gold production 10 % per month....until such time as we can see a brighter future.....say $ 2400 + per ounce. We plan to lay off XXXX number of Americans good luck with the price of oil, U.S. Unemployment, Russia and China. Have a nice Day.
• Also, go to do it.
• I like the postal service....strike before Christmas....always gets peoples attention. Lay off a few thousand shut in a few mines....drive the point home

You bring the shovel I'll bring the lime...

Captain Time.

Google Naked Shorts and the date and you can clearly see all the manipulation.

http://www.silverdoctors.com/gold-silver-smashed-again-as-another-2-3-billion-in-gold-futures-dumped-on-market/