Every time the metals rise a little...there are stories of “huge supplies” that are soon to hit the market...
:)
IMO if the metals run too hard....we will have food lines and despair.....If the metals are suppressed too hard “like they have been for years” then the dollar goes out the back door of global reality... and we have food lines and despair...The only way out is to let the metals “rise with the times”...and use manipulation to restrict price explosion ..
The brits suggested last week they might support a gold backed digital ...and I think that marks the end of absolute metal suppression...the price must be allowed to appear more realistic than it has ....or else.
The bitcoin....will look worse than paper against a gold backed digital.
So I think its about time the dollar appeared to move realistically with the metals.....to maintain some balance.
oh well
There are a number of important factors that could cause the country’s actual results to differ materially from those indicated by such forward-looking statements, including the success of our ongoing campaign of false information,; the rate and degree of market acceptance and clinical utility of our media manipulation; the timing of and our ability to obtain and maintain regulatory approvals for our chosen candidates; and our commercialization, marketing and deception manufacturing capabilities and strategy. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from normal expectations in any forward-looking statement. Subjects should consider this cautionary statement, as well as the risk factors identified in our periodic reports filled with delusion , when evaluating these potentially incongruent selfserving statements. So there.
:)
looks like its commin//
Gold popped more than 2% overnight while stocks in the US and Europe fell.
Wait a minute! Gold up and stocks down? Whats going on here then?
Well, apparently someone dropped a whopping buy order on the Comex exchange, where gold futures trade. 3000 contracts traded in one second, sending the price up $10 and halting the exchange for 10 seconds. At 100 troy ounces a contract, that amounts to 300,000 ounces and around US$372 million. All trading at precisely 8:07:45 US time.
Normally traders stagger big orders to avoid upsetting the market price. If the 3000 contracts traded over the space of a few hours, that wouldve gotten the buyer a much lower price. So why would a buyer throw in such a big order?
Well this surge in volume and the resulting market shutdown is nothing new for the gold market. Its happened three times this year, says the blog Nanex. But this is the first time the order was a buy. Gold usually gets slammed down by a whopping sell order instead. So is this a big sea change, or just another market manipulation?