the borrow/sell/short-sell/buy-back loop gets China'ed

the borrow/sell/short-sell/buy-back loop gets China'ed

I THINK THIS IS THE STORY OF THE MONTH SO FAR - I CAN'T IMAGINE HOW HIGH GOLD AND SILVER WOULD BE W/O SHORTING AND HOW MUCH MORE AWAKE EVEN PEOPLE IN THE USA WOULD/WILL BE IF GOLD AND SILVER FINALLY HAD TAKEN/WILL TAKE OFF.

I THINK THIS IS THE BIGGEST THING SINCED SLICED SILVER (ALSO KNOWN AS COINS)!

I think the new China gold and silver exchange changes the whole landscape. If prices go up as fast as I think they will, for most US residents it's going to be like a doctor telling a patient he/she has been in a coma since the new millennium.

For weeks I've been speculating generally about China's new role in this loop due to their desire to buy gold and silver to make 99.999% sure theirs becomes the next world reserve currency. Now it seems they have a "new gold and silver exchange" about to be launched! I'm referencing a story, which is at the bottom of the written version of this report, that not only mentions the exchange but even goes on to say that it "will destroy the remaining gold and silver shorts."

If the people doing the borrowing, selling and short-selling, can't buy back cheaply because China's demand pushes prices up, then the game is over except for the paper etf's. All the rest of us can do is warn people about them and hope they get, understand, accept and follow the warnings.

facebook why buy gold (and silver!) wednesday, july 6, 2011, cica 2:30PM EDT:

Kirsty Hogg
Whistleblower Maguire - This Will Destroy Gold & Silver Shorts
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/7/6_Whistleblower_Maguire_-_This_Will_Destroy_Gold_%26_Silver_Shorts.html

Whistleblower Maguire - This Will Destroy Gold & Silver Shorts
kingworldnews.com
This morning London whistleblower Andrew Maguire told King World News that the launch of the new gold and silver exchange in China will destroy the remaining gold and silver shorts. Maguire stated, “The launch of this new gold and silver exchange has flown under the radar, but certainly has my atte


http://buygoldansilverlong.blogspot.com/2011/07/borrowsellshort-sellbuy-back-loop-gets.html