We continue our investigation of the Gold Manipulation. Last Friday Gold spiked well above $1270 on the huge miss in Jobs Report, but markets have found the good meaning of bad news again and Gold was trading down to unchanged in the midday. Interestingly enough Gold has closed just below crucial $1270 by the end of the day even with general markets in the rally mood again. Eric Sprott addresses this ongoing manipulation in his interview and provides his outlook on the things to come in Gold and Silver markets.
"Now let's listen to all excuses and polish the #taperpause on TWTR. Gold needs to close above $1270 to start the mother of short squeeze. Is this number bad enough to be "good" again to levitate the markets or we can move close to Thomas Demark 60% plunge of S&P 500? After everything what FED has done to 'save the economy" we can hardly see this as happening, expect the life support to be plugged in again."