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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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65% of JPM’s Gold Vanishes as Massive 8 Tons of Gold Withdrawawn Overnight! UPDATED : NO MORE METALS DELIVERED pg 4
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Poster Handle
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Anonymous Coward |
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Post Content
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Do you people not know how the rich make money?
The gold was sold............plain and simple.
When the stock market goes down, the rich invest in precious metals. When the stock market starts to go back up then the metals are sold and stocks are bought.
The stock market is going back up - FAST, so gold prices are dropping because of the sell off.
The precious metals are now cheaper so the industrial markets can then use more in electronics.
Only poor people hoard gold, rich people invest in it but also sell it to invest in something else.
Quoting: Anonymous Coward 11237850 Id agree with you if there were one reason other than hopium that the stock market was going up. Crash will come soon. But I think the point being gold falling and the spread rising and mints calling out of gold and silver and price still falling. You really don't see a problem?
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