GOLD 0.51% $1,391.7 gold futures

behind the smoke and mirrors

  1. 443 Posts.
    The spot market has morphed into a futures market.
    You pays yer money and at some point in the future you might get delivery.
    If it wasn't for the pain ,you should be laughing your butt off at what is passing for free markets in todays lala land financial world
    Supply and Demand missing in action ,last sighted bound and gagged in the derrivative section of la la land,shortly after Glass seagal act was repealed
    POG is a fiction
    Best to remember that when making decisions
    Opinions and conclusions based on a fiction
    are usually ficticious
    Whilst our miners are still mining real gold and silver,their valuations are currently based on a fiction, within a very ficticioue market totally managed and controlled with the help of our little bot friends
    The Fiat Kings may be laughing themselves silly at the moment but the strong hands will get the last laugh.

    In the last five decades I have watched numbers getting bigger and bigger for everthing. Monetary supply is a standout,eventually the banksters will turn the tap off ,but even then somehow the monies have to be destroyed or withdrawn from the system before we can seriously expect to be entering a deflationary cycle
    zoom zoom boom boom price inflation is a symptom of monetary inflation and you ain't seen nothing yet

 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.