"fed minutes, gold manipulation & fool’s play", page-16

  1. 96,548 Posts.
    lightbulb Created with Sketch. 75
    morning,

    "Where are all the gold bulls soaking up supply?

    Thought they'd welcome the opportunity to buy more of the precious stuff at a lower price."

    they are buying - but they are buying physical.

    they AREN'T getting delivery immediately.

    They are also trying to secure supply - there is a lot of movement.

    Isn't it pretty obvious that the 'price' is about bits of paper - no relationship to the real thing at all?

    If people want to buy or sell bits of paper that are supposed to represent gold but are backed by only a very small percentage of the real stuff - then they are fools waiting on a trainline.


    Why in the name of god would you by a gold backed security when that organisation only holds 5 or 10%'s worth of the paper value in real gold?

    And how the hell can authorities allow it?

    Guess what happens when you get a run on a bank?

    I don't know how or when this scam will be up - but when it is, the end result will be a hell of a mess.

    have a great day all

    Pinto


    have a great morning all

    Pinto
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.