Anonymous Coward User ID: 78596179 United States 01/13/2023 08:42 PM Report Abusive Post Report Copyright Violation | Gold should have settled down at around $2,500 in 2012. That means by now it should be hovering right around $3,700 - $4,000 an ounce minimum. I’ve already done all the analysis. These are minimums.
The fact that those are not minimum prices means that the value of gold is being artificially suppressed by the paper markets. That is, futures contracts sold by those with no gold in hand, and bought by those that never expect it to be settled in gold. These exchanges can occur within the same banking corporation. In other words, it is a fraud.
If the price goes up too much the market is “sold off” by the PPT who need to have no gold at all, and have an unlimited ability to absorb artificial losses. The artificial losses are absorbed by printing more US dollars on the full faith and credit of the American government. Which means the actual cost of the money dilution scheme is shouldered by the American people through inflation.
Government/corporate collusion. Working against your best interests. Every day, in every way.
This is just one. |
Anonymous Coward User ID: 79346633 01/13/2023 08:44 PM Report Abusive Post Report Copyright Violation | Re: Gold should have settled down at around $2,500 in 2012. Fun fact: The more $ is printed the cheaper the printing is |
Anonymous Coward User ID: 85104643 01/13/2023 08:47 PM Report Abusive Post Report Copyright Violation | Re: Gold should have settled down at around $2,500 in 2012. 2 billion worth naked contracs are sold every time gold topic is made. |
Anonymous Coward (OP) User ID: 78596179 United States 01/13/2023 08:49 PM Report Abusive Post Report Copyright Violation | Re: Gold should have settled down at around $2,500 in 2012.
Fun fact: The more $ is printed the cheaper the printing is Quoting: Anonymous Coward 79346633 That’s some good gallows humor right there |