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Buygold @ 9:08

Posted by Captain Hook @ 10:47 on April 4, 2020  

Buygold…you said, “Almost appears that the most of the other players left have finally figured out that the Crimex is a sucker’s game.”

I hope you are right, however knowing how stupid these idiots can be (attempting to not over-generalize), it could simply be the margin increases set against increasingly challenged liquidity conditions. Notice PM’s are still trading in the same direction as the larger equity complex.

Of course your next point could account for this, that being, “if we could just get rid of all the ETF’s – GLD, SLV, GDX, etc. maybe pm’s and shares could have a chance to trade freely”.

A truer statement concerning PM’s you will not find. That’s why the ETFs were put into the formula by the bankers. Because they knew it wouldn’t take much to turn many former PM investors into rabid gambling speculators that would be easy to push around using the machines.

This is until these idiots are parted from enough of their money they stop…PMs will continue to be held back.

Cheers

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