GOLD 0.51% $1,391.7 gold futures

gold, page-43196

  1. 2,731 Posts.
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    increasingly you will be unable to understand gold if you see it mainly in US market terms. That is why you are somewhat perplexed.
    What do you mean when you say that the US has "pulled back" in Syria? Do you not understand the US policy is regime change?
    Have you not noticed that US market results, up or down, increasingly fail to move gold much?
    If one's existing set of assumptions begin to fail, something has changed and it needs to be understood, especially for one's investment strategy.
    I believe you need to factor in the following
    Western efforts to hold the GP down using naked paper shorting continue but with less and less effect.
    Geopolitical tensions (threat of major war) now trump (pardon the pun) any US market indicators.
    The COMEX and London now have the Shanghai Gold Exchange as a competitor. It's gold and silver metal trading has a huge stabilising effect. Long term, the Western gold fixing system is doomed because it can't deliver metal for any more than a minute fraction of the gold contracts. So we have a sham Western system and a genuine Eastern gold trading system locking horns.
    I ask you seriously, which one do you think will eventually win out?
    23.
 
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