LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

RE: Refuse to submit to an audit of germanys gold

[Psalm9012]

This becomes very interesting when you look at the big changes in the COT report positions of the major players as posted earlier in the following video:

https://www.youtube.com/watch?feature=player_embedded&v=VLZzoH5UYIM

In general, managed money (pension funds, sovereign funds & private wealth) and the little guys (non-reportables) have eliminated most of their long positions in gold and put on huge shorts. However, on the other side of the trade - the producers have eliminated most of their shorts (hedge of future sales) and the big 4 U.S. banks have switched from large short positions to net long - funny after recently telling the media they expect gold to go lower. We know who is in cahoots with the U.S. government and would be privy to whether Germany's gold exists in the U.S. vaults or not. The fact that the big banks have now gone long should answer the question.

BTW, the video shows how the speculators - who have gone hugely short - get it wrong in the long run. They did in the last run up to $1900.00. The producers and big banks are the smart money and they are now long - so hang tight.

Greg