OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

From Murph tonight:The cartel has in fact rendered virtually ALL analysis useless.

Posted by Richard640 @ 22:32 on September 14, 2018  

Today is the 3 month anniversary of the infamous precious metals smash. Since then every day has been a Titanic struggle of some sort. Hundreds upon hundreds of trading hours have been spent in virtual coma-like conditions, all the while the algo systems churn high volume, apparently for the pennies. What little volatility has always been to the downside. Rallies are snuffed before they even begin. I am sure overall trading volume has been completely a function of suppressing prices, with algos shorts programmed to meet all who challenge. Like everything else trading volume is divorced from all reality and fundamentals.

Contrary to those who are still pursing COT tea leaves this “Titanic struggle” has ALL of the hallmarks of a CB/Working Group op. Until gold ever starts breaking cartel rules in earnest, or silver starts acting like the kryptonite that it is to the cartel we’ll have this tedium to contend with. In the meantime the Titanic struggle goes on between the algos, and the derivatives versus the physical supply.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.