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$1,391.7 gold futures

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eztrang

4,019 Posts.

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04/03/21

20:24

Post #: 51530108
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Originally posted by slange: ↑

Mate the gold futures market was developed for the sole purpose by the powers that be so they could interfere with the gold price, not long after the US was forced off the gold standard for too much money printing.
Their game plan was to create so much volatility within the gold price structure as to freak investors out and scare them off.
The only thing that has changed is people are finding out that the emperor is in the process of being indecently exposed because their racket is disintegrating..

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If the futures market has depressed the price of gold, that's great news for gold bugs. It means they can buy gold much more cheaply that they otherwise could. I would love to be able to buy gold for $1,500/oz or less. Lets hope they can keep pushing the price down.
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