Alasdair Macleod: Bullion Banks Still Stuck With Massive Short Gold Position on LBMA, Gold Price Rise Could Stimule A Crisis in Physical Market in London!

Alasdair Macleod & Bill Murphy joined The Doc this week for a special episode of the SD Weekly Metals & Markets.
Bill & Alasdair gave an extraordinary interview, and discussed:

  • The cartel’s shift to attacking the metals pre-emptively prior to the release of the FOMC/NFP reports to prevent break-outs to the upside.
  • The implications of the spiking 10 year Treasury bond with over $400 Trillion in interest rate swaps held by the major banks- would the banks be able to handle a rise in Treasury rates? 
  • 1,300 tons of custodial gold held by the BOE (likely owned by France, Italy, & Spain) likely leased out onto the market over the first half of 2013 were required to prevent a systemic financial collapse in the wake of the Cyprus bail-in due to collapse of confidence in the banking system throughout Europe.
  • Using Austrian Measure for Money Supply, Gold Only Up 40% Since 2000!
  • While the bullion banks have largely covered their gold & silver short COMEX positions, the bullion banks are still stuck with a massive short gold position on the LBMA, and a sudden rise in the price of gold could stimulate a crisis in the physical market in London!

The most explosive and powerful SD Weekly Metals & Markets we’ve ever recorded is below:

SBSS large2



Everyone knows that staying updated with precious metals news is a chore in itself, which is why SilverDoctors has created our very own browser add-in toolbar to help you stay better informed. The toolbar supports the three major browsers: Firefox, Chrome and Internet Explorer, and when installed, will add built in functionality to your browser directly below the address bar showing you trending RSS links, provide you the ability to search the SilverDoctors site and give you a link directly to our home page. Click the free install button to install the SD Toolbar =>