|EU? Or WE OWE U?|
Was this week’s gold and silver cartel take-down a preemptive move to prevent $100 silver and $2,000 gold as a result of an imminent EU banking crisis? Deepcaster’s latest is calling for an official Greek default as a result of next week’s IMF/ ECB meeting in Athens, with 40-70% haircuts possible. This would likely trigger an EU wide banking crisis, resulting in a delay to the US dollar’s collapse, as well as skyrocketing gold and silver prices.
Could this be the reason for the coordinated attack on gold and silver this week?