Goldman & JPM Trash Gold, But Take Delivery On COMEX

Both Goldman Sachs (GS) and J.P. Morgan (JPM) had well publicized reports this week talking about why gold is overpriced at $2,000 per ounce. Yet on the COMEX August gold delivery report, both banks amazingly show up as the biggest buyers.

Fortunately, Dave Kranzler of Investment Research Dynamics joined me on the show to talk about the discrepancy, what he expects to happen when gold finally breaks $2,000, and the other things in the precious metals markets you won’t find out about from the banks and mainstream media.

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