The 'managing' (well, that's one word for it - 'manipulation' or 'rigging' are other words) of the paper COMEX spot market in Gold and Silver is pretty obvious.
- It's like a pilot trying to control a crash landing.
Meanwhile, something is happening in the physical Precious Metal markets behind the scenes and quite out of the public's eye.
- Some may have noticed that the GOFO has turned negative (read: now in its 25th consecutive trading day negative).
- Few noticed the flat refusal to repatriate Germany's Gold when it was demaded, and even fewer have noticed the cascade of collapses that have followed since. [chart germane]
I'm not smart enough to have figured-out yet exactly what is going on, only that 'something' is going on and it's probably going to be very bad for a lot of people.
Friday, 9 August 2013
Not mere coincidence........................from Rico
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