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Posted: Mar 25 2009     By: Jim Sinclair      Post Edited: March 25, 2009 at 12:47 pm

Filed under: General Editorial

Dear CIGAs,

  1. Has it ever struck anyone that 1.1 billion dollars in today’s world is chump change? When the time comes, demand for gold will smash through a modest one point one billion dollar hole "in the dyke" wall of a quadrillion plus dollar problem.
  2. You are giving the supply side of gold banks too much credit when it is the demand side that will carry the day.
  3. Spamming the question below everywhere might well be in support of gold bank sales, knowingly or inadvertently.
  4. Eric, spam this if your intentions are really supportive of gold.
  5. If you received what is below but do not get what is above from the same source one question is answered.

Who shorted gold after fed’s announcement last week?
by Eric deCarbonnel

Open interest in COMEX gold increased by 1,209,600 ounces in the two days following the fed’s announcement last week. Can anyone explain to me who in their right mind would short gold following the fed’s plan to double its balance sheet?

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