Obviously more of the same that caused the problem will "fix" the problem...and if you can't "fix" the problem, why then "fix" the game!
Here in one chart is a summation of the BIS and FED coordinated 'fire sale' of Gold to defend a dying, debt-based, Dollar (actually FRN's...Federal Reserve Notes).
In dice-throwing circles this obvious market manipulation is much the same thing as doubling-down on 'boxcars' (known as crapping-out).
- Instantaneous 'sell' volumes of +5,000 paper Gold contracts half-a-million ounces) every day so far this month, always at about the same time when the markets are 'thin' and not traded), and all designed to 'move' the market price is neither 'coincidence' or free-market price discovery...it is by design and with witting intent [read: criminal]. Oct 1st and 10th both saw over 20,000 paper Gold contracts (over two million ounces, or $2.6 billion, or 2% of annual gobal production) dumped in minutes or less.
The game will be over when enough of the 50:1 paper Gold owners to the physical Gold ounces existing in the COMEX warehouse try to get physical delivery of the nonexistent Gold they have already been sold.
Sunday 20 October 2013
Doubling-down on Box Cars....................................from Rico
From Theo Spark at 08:39
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