Saturday, May 14, 2016

What to expect with gold mining shares.

The gold mining shares have been artificially suppressed. This is shown by the ratio of the gold mining index over the price of gold:
 
 
What is clear is that the XAU will have to increase at least 5 times as fast as gold prices. Of course, the criminals that control the FED fight tooth and nail to prevent gold going up. I have provided the proof: the plea agreement by Deutsche Bank: admitting to the price fixing and promising to implicate its  fellow criminals.
 
Below is a graphic that shows how the bouillon banks are shorting the gold market by paper gold. The short interest is near all time high. The criminals of the bouillon banks are suppressing price by selling gold that they can not deliver. They simply deposit currency of a fractional amount of the paper gold they sell. The gold shorts last week amount to 6 weeks of worldwide production. In spite of the massive shorting, gold prices do not plummet and snap back.
 
 Gold price is on top, gold shorts at bottom.

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