Loading ...James Mc lays the deal out this morning…
Inflation fears driving gold and silver lower
Bill,
Another day, another scam in the gold and silver markets. Once more you merely need one picture to say a thousand words about how gold is being suppressed.
What’s wrong with this picture?
Inflation fears with gold down on the day- yeah, right, makes sense doesn’t it? The dollar is down, and Treasuries are also off + point but what the hell, keep gold in the cage. Like so many other times when gold and silver have been held at arbitrary and non-technical areas we are now RIGHT back to the $1190/$14.30 areas, which have worn ruts a mile deep. Silver in particular has been slammed over and over right back to $14.30 Dec. As I type at 11:00 AM EST silver is DOA at EXACTLY $14.30. Precious metal comas are mandatory when the Dow is puking 325 points.
It is nearly certain that the market manipulators want, and are getting, physical gold and silver at prix fix over a large time period.