September 11, 2006
Phil's Gang
Have you wondered why gold is plunging from $725 in May - to yesterday's close of $621 and eventually it will go to $550 or less? Stop wondering. You can thank a mysterious group of government officials who manipulate the markets the 'Plunger group'. The official name is Plunger Protection Team (PPT) or as it's called by the administration. Working group on financial markets.
When Gold hit $725 in May, the government wanted to discourage the purchasing of gold and silver. The government the FED wanted people to purchase federal reserve notes not Gold. This was done to plug the hole in the bursting dam of the financial bubble.
The reason to set this team up was to prevent another 1987 Black Monday but like anything the government does a good idea turned in to deception like control.
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