Is the Gold Cartel Running for the Hills?
In this report I look at the recent price action in the gold market and ask whether there is a big buyer of physical gold out there disrupting the gold cartel's control of the price.
"Quantum Change in Gold and Silver Demand, 2 Jan 2018": https://www.zerohedge.com/news/2018-01-02/quantum-change-gold-and-silver-demand-2-jan-2018
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Did ya give up on bitchute? Just seems to work better than dtube.
Happy new year maneco - lets hope for a prosperous one hey.
The gold cartel can also manipulate to the upside if it suits their needs. Should the general trend now be up, we might well see smashes to the upside. More so if the US establishment decides to support US businesses rather than the dollar.
@unclehermit You are right about the gold cartel and doing what suits them. Jim Sinclair once said that it will be the bankers who will make the most money in the next leg up in gold. I think President Trump wants to MAGA by bashing the Federal Reserve Note!
We should all be buying and contribute. Let's make these bankers BANKRUPT on their margin calls lol
nice post thanks, yes i think that it is the physical demand maneco64 that is driving up the price a of gold silver, and the mining company's price is reflecting this!
@andrewskelton Yes there must be a big or several big buyers (Russia, China & Iran?) of physical out there. Let's see if it continues!
nice one
@shahfahad096 Thanks.
Cool. Once upon a time I was a 50/50 silver/bitcoin guy but due to the growth of bitcoin I'm now vastly more heavily into bitcoin. That said I still own my silver so I'm happy to see precious metals go up.
Sitting on some silver as well, let's face it though, it's not going to do a Bitcoin!