Saturday, March 18, 2017

Gold/silver divergence.

There  is an interesting divergence between the gold market and the silver market. IMHO, the FED and its allied banks are using the silver market to keep the price of gold down. How? This is how. You can see the money pouring into the gold and silver markets and in the morning silver miners go up. T%hen, inexplicably, silver miners drop, followed shortly by a drop in silver prices. Gold prices are going nowhere in the meantime.
 
So, how is this done?
 
To find the answer, we need to look at the short position of the Commercials. These are banks that are in the know. Here is the short position of the Commercials:
 
 
Contrast this to the position of the Commercials in gold:
 
 
The divergence allows the Commercial shorts to cover some of their positions in gold. How long will this continue? Untill some banks gang together and precipitate a short squeeze in silver. Then silver be the leading precious metal again. A bank like the FED can lose a lot of money this way. The Swiss National Bank had devastating losses while trying to manipulate currency losses. Someone should audit the FED.
 

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