GOLD 0.51% $1,391.7 gold futures

gold, page-38893

  1. JFI
    6,837 Posts.
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    They are bidding up the Bitcoin futures contract and real Bitcoin less so. When the futures is sufficiently high they will short it and then sell real coins to depress real Bitcoin price. After some time will close out paper Bitcoin for big profit on the short. They will also have sold at profit on real Bitcoin. They will have creates panic and many will have sold real Bitcoin. With their profits and principle from futures and real Bitcoin they will pile in to cheaper real Bitcoin and have a larger coin total than before the process. As this method is played out nunerous times they will acquire a large holding to neutralise Bitcoins damage to their system.

    A secondary benefit is gold and silver suffer so prolonging US$.

    JFI
 
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