Huge Rally In Gold And Silver; Manipulators Throwing In The Towel? (GLD)

Gold and silver are making huge moves during Tuesday's trading session. COMEX gold futures have jumped 2.10% to $1,273.30. Silver futures are up 1.63% to $20.48. These markets are powder kegs as a result of the manipulation that is taking place by J.P. Morgan JPM and HSBC HBC. Both banks are heavily short precious metals. The potential exists for these markets to make extreme moves in the coming weeks if either JPM or HBC decides that they are going to get out of the manipulation business and subsequently begins to cover their massive short exposure in gold and silver.