Don't you think for a moment, that if the gold price was gonna...

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18/04/16

16:49

Post #: 17534335
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Originally posted by 23skidoo ↑

There are 2 gold markets.
The "casino" Comex paper market which doesn't rely on real supply and demand for gold, and
The real bullion market.
Up until tomorrow, the casino market has been able to control the GP, and to hide the fact that Real gold is in short supply.
Tomorrow China enters the market in gold metal, fixing it's price in Yuan.
From tomorrow, anytime the bullion banks attempt to drive the Comex GP down, investors will be able to immediately close out their positions, demanding real gold, and sell on the Shanghai exchange at a higher price. This process is known as arbitrage. The problem for the Comex is that it's not set up for gold delivery. They have run down their bullion to just enough to maintain the pretence of gold delivery. What makes it work is that all parties in the Comex know the "game".
The Comex has been serving 2 masters, boosting the profits of the bullion banks and capping the GP in service of the US Treasury.
The US is about to lose control on gold and silver. Hold onto your hat!
23.

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Don't you think for a moment, that if the gold price was gonna launch tomorrow, punters would have already anticipated that and bought in? A sure bet, right, you can't miss?

That doesn't appear to be happening at the moment.

http://invst.ly/1jhty
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Don't you think for a moment, that if the gold price was gonna...

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