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Financial analyst Al Martin effectively tells gold shills to take a shill chill pill

November 19, 2009 by FauxCapitalist

On Saturday, November 14, 2009, financial analyst Al Martin effectively told gold shills to take a shill chill pill, on Erskine Overnight. In the fourth segment of the first hour, he stated that:

  • The IMF gave India a 0% interest-free loan to purchase 200 tons of their 403 metric tons of gold they planned to sell, because they wanted to prevent it from going to market.
  • The week before, India announced a huge sale of silver.
  • China refused a deal to buy the remaining 203 tons of gold from the IMF.
  • China said it’s not a huge buyer of gold.
  • New mine production of gold continues to increase.

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Posted in Uncategorized | Tagged Al Martin, almartinraw.com, China, Erskine Overnight, GCN, gcnlive.com, Genesis Communications Network, gold, gold bugs, gold shills, IMF, India, interest-free loan, International Monetary Fund, November 14 2009 | 2 Comments

2 Responses

  1. on August 29, 2010 at 3:36 pm Financial analyst Al Martin on the increasingly severe economic collapse « Exposing Faux Capitalism

    [...] He said gold is the ultimate hedge. (In contrast, in November 2009, he effectively told gold shills to take a chill pill). [...]


  2. on November 20, 2009 at 2:00 pm fauxcapitalist

    Fiery comments at http://www.ronpaulforums.com/showthread.php?t=219814
    I seem to have struck a nerve!



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