Should see an increase in gold and silver price ,by end of Dec early Jan , that is is when Basel 111 comes into effect for the London bullion banks if trading paper gold and silver they will have to hold at least 85% in actual bullion against every trade this will not be economical for them
So will see some more of the usual volatility/manipulation between now and Christmas ,as they try and exit all their short positions
Ann: Cannon Gold Project Mineral Resource Update, page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
