Saturday, October 15, 2016

Why was the Gold Market and price taken down?

The Gold Market (and silver, too) was taken down by an avalanche of shorts equaling half a year's production. Some people figure it was the BIS, others figure the FED. In either case the money to do it (several billions) had come from America.
 
We know how it was done. We knew it was coming ( saw it from the accumulation of shorts by those in the know).
 
Now, we know why it was done. It was done to save the bouillon banks who were way short and also to bring PM prices back in line with the orderly increase.
 
Here is the proof of this. Shorts were reduced drastically (back to the usual levels) as the Chinese holiday ended.
 
 

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