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To: RummyChick

I am starting to nibble long gold. Not with the idea that it goes to $6,000, but as a trade. Gold has been obliterated over the past week or so, collecting 3-4- -$20 days and -$30 yday.

It’s sure not behaving well at all.

Pols do not the sophistication in any respect to uncover any sort of metals market manipulations. The simple fact is that miners sell their production forward, and have done so for all of the 20 years I’ve been watching metals markets. This produces enormous and predominant short interest in the market.


25 posted on 10/01/2019 6:28:06 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: Attention Surplus Disorder

Look at historical pricing for gold around this time

craters

Although, this year is a different with all the things that could go wrong in the world to spike it.


28 posted on 10/01/2019 6:30:15 PM PDT by RummyChick ("Pills, money .. this city is wicked. Your best friend will kill you here." Smoove about Baltimore)
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To: Attention Surplus Disorder
This produces enormous and predominant short interest in the market.

Can you explain that to me? - it sounds err interesting

48 posted on 10/01/2019 7:18:50 PM PDT by datricker (Cut Taxes Repeal ACA Deport DACA - Americans First, Build the Wall, Lock her up MAGA!)
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