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Paper vs. Physical: How The Fed Terrorizes The Precious Metals Market – Dave Kranzler

Monday, September 22, 2014 21:11

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TND Podcast Spotlight: SGT Report, with Sean, Rory and Dave |

As far as the beat-down going, I’m ecstatic over it…the Chinese, Indians and Russians are taking every single piece of gold off of the market that they can get their hands on…I say take it to zero, take it to $5 – I want it to go down…if it goes to $15, I’m definitely backing up the truck because I know in my heart of hearts that [physical] silver and gold are running out and the only physical metal that’s left is primarily going to China, India and Russia and I want to get my share before they get it all. – Rory Hall of The Daily Coin

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About Dave Kranzler:

I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics. Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.