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PeacePlan
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Submitted by cpowell on 03:35AM ET Thursday, February 17, 2011. Section: Daily
Dispatches 4:19a MT Thursday, February 17, 2011
Dear Friend of GATA and Gold (and Silver):
Kitco News reports that metals consultancy CPM Group, whose managing director, Jeffrey M. Christian, has been talking down the gold and silver markets for the last $1,000 and $25 of their moves up, respectively, has issued a "research note" minimizing reports of shortages in silver.
Reports of shortages have been "blown out of proportion by the silver conspiracy theorists," CPM Group contends, and there is plenty of silver, even as silver refiners are making "silver shot" products for industry rather than investment-grade bars.
Of course since investment-grade bars are what the commodity exchanges purport to sell, rather than "silver shot," someone might want to tell the refiners or the parties who have sold what the refiners prefer not to manufacture.
You can find the Kitco News report on the CPM Group "research note" here:
http://www.kitco.com/reports/KitcoNews20110216DeC_CPM.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Dispatches 4:19a MT Thursday, February 17, 2011
Dear Friend of GATA and Gold (and Silver):
Kitco News reports that metals consultancy CPM Group, whose managing director, Jeffrey M. Christian, has been talking down the gold and silver markets for the last $1,000 and $25 of their moves up, respectively, has issued a "research note" minimizing reports of shortages in silver.
Reports of shortages have been "blown out of proportion by the silver conspiracy theorists," CPM Group contends, and there is plenty of silver, even as silver refiners are making "silver shot" products for industry rather than investment-grade bars.
Of course since investment-grade bars are what the commodity exchanges purport to sell, rather than "silver shot," someone might want to tell the refiners or the parties who have sold what the refiners prefer not to manufacture.
You can find the Kitco News report on the CPM Group "research note" here:
http://www.kitco.com/reports/KitcoNews20110216DeC_CPM.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
