Bob Chapman - Sovereign Economist - 05-18-2011
Bob Chapman Both Gold and Silver are in Bakwardation , people are closing up accounts and demanding delivery ...we have based out at this stage , JPM and HSBC are using derivatives not future to prevent the market from going up
They are running out of legal ways to suppress silver. Since government is at epi-center of criminal cabal next comes new rules and laws including back dating (legal) like they just did with COMEX margins on EXISTING contracts. That JF quote of people fearing gvt comes to mind. I fear for us and fear for our country. How will it end? Like Nazi Germany or Mary Poppins? But it WILL end and IMO this is the final year. Shovel, GPS and tent deep in woods for many months. It WILL get much worse VERY soon.
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