tfmetalsreport.com / by Turd Ferguson /
Last
week, the good folks at Miles Franklin created quite a stir by posting a
blog from a supposed bullion bank insider. It seemed a rather cunning
bit of disinformation so I asked my friend, Andrew Maguire, to read the
piece and write up a few “clarifications”.
Before we get started,
it’s probably best to re-visit the actual blog post from Miles Franklin.
You can read it by clicking this link: http://blog.milesfranklin.com/the-cartel-and-hedgies-are-short-paper-but-long-physical-gold.
Recall
that regular members of “Turd’s Army” not only have the ability to
observe Andy’s trades in real time, they also receive his weekly
commentary every Sunday. (To register, click here: http://www.coghlancapital.com/daytrades-application?ak=turd_army).
Andy’s commentary is an invaluable service and offers true insight into
the behind-the scenes dealings of the bullion banks in London. This
week, Andy included in commentary his rebuttal to “Trader David R” and
he has kindly made it available to all Turdites everywhere. I hope that,
by reading it, you will gain an increased understanding of the bullion
bank system as well as an appreciation of the ongoing campaign by Cartel
agents of disinformation to deceive and confuse you.
TF
(Please
understand that this post is not meant to discredit Miles Franklin or
their services. They are a great firm that does terrific work in
educating and serving the investing public. Ranting Andy did not approve
of the blog post in question and it seems that his company published it
in an attempt to “air all sides”. I know that I have published a few
things that I later regretted so I don’t want anyone to hold this
against them. They did not set out to intentionally deceive anyone,
“Trader David R” did.)
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