Posted by caddpro123 on 15th of Sep 2016 at 06:49 pm
People
Gold should have seen a significant jump upward today, instead
it went down. Once again in am pre-market starting around 8:30 a
massive amount of paper was dumped into the market to crush gold
prices before the market opened. How much paper gold are we talking
about here? try about 70 TONS in the first 10 minutes! And between
8:30-9:30 am over 6.2 million ounces of paper was dumped. That is
over 6 million ounces of paper backed by absolutely nothing. This
is how you manipulate gold prices. This is how they have been doing
it for years.
What is important to note here is despite all the manipulations
by the big banks and the FED they have not been able to crush gold
nor inflate the dollar. At this point physical gold is king and the
dollar is on life support. Just my 2 cents.
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The real reason gold didnt' jump higher with all the negative news
Posted by caddpro123 on 15th of Sep 2016 at 06:49 pm
People
Gold should have seen a significant jump upward today, instead it went down. Once again in am pre-market starting around 8:30 a massive amount of paper was dumped into the market to crush gold prices before the market opened. How much paper gold are we talking about here? try about 70 TONS in the first 10 minutes! And between 8:30-9:30 am over 6.2 million ounces of paper was dumped. That is over 6 million ounces of paper backed by absolutely nothing. This is how you manipulate gold prices. This is how they have been doing it for years.
http://investmentresearchdynamics.com/someone-dumped-70-tons-of-paper-gold-at-830-a-m/
What is important to note here is despite all the manipulations by the big banks and the FED they have not been able to crush gold nor inflate the dollar. At this point physical gold is king and the dollar is on life support. Just my 2 cents.