Stool Pigeons Wire Message Board: Why The Big Hit To Gold This Week - Stool Pigeons Wire Message Board

The drop in gold of over $13/oz the day after JPM's takeover of ONE seems almost too easy to associate together.

I spend all day reminding clients that market moves do not have to have an explanation every time despite chat crapvision and moe and curly would like you to think.

It just seems suprising that nobody is even suggesting a link.

I recall reading reports from GATA and others about the size of JPM's short position being larger than all the gold mined in the history of the world. What, do they think that JPM covered?? Come on. you don't get any more arrogant than money center banks working for central bankers.

They're probably so deep that all of ONE's capital will buy is a little breathing room.

A couple other things...

What is Bush up to with that immigration thing. Is it to score points with Mexico just because they have a lot of silver ready and we're getting desperate.

And what about Greenspan in Germany trying to make friends with the Bundesbank. They're supposedly the only major central bank that has'nt played ball on leasing gold.

I sure would like to think that the pressure cooker is getting a little to hot for Greenspan, JPM, and Bush in that order.

Wonder what Mr. Fixit (Peter Fisher) is up to. Anybody see anything of him latley?