Quick market update/speculation on Precious Metals

in money •  2 years ago  (edited)

The moment I see the commercial side of the commitment of traders finish dumping their short contracts especially for GOLD & SILVER will be the moment to reflect on how high their prices will could go.

Andrew Maguire was right.
There is a major physical gold purchase in millions of ounces that is going to disrupt theses highly suspicious paper markets. The buyers are coming from a new cryptocurrency offering that will be backed by physical gold.

The problem for the paper markets is that THERE IS NOT ENOUGH PHYSICAL GOLD OUT THERE TO FILL THAT ORDER. This will get interesting over the next year.

Grab your popcorn.

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