Record shorts at $60 billion for gold and silver HERE. Who has the most to gain when precious metals (gold & silver) go down in price? You guessed it – the banks who print fiat currency with no backing at all. When the price of gold and silver go up, that exposes the weakness of paper money. Anybody feeling the pinch of increasing prices which are the result of inflation (the increase in the supply of currency and credit)? Remember, gold and silver are the only recognized forms of money defined in the U.S. Constitution! Ah, but who has time for the Constitution these days? Why it wasn’t that long ago, that a U.S. President was caught saying that “…..the Constitution is just a G _ _ _ _ _ _ed piece of paper!” And, this writer would attribute that statement to the U.S. dollar as well!
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