re Part:
“This is in relation to the amount of money out there, the cost of credit, the cost of digging it out of the ground and etcetera. Nobody is interested in buying it, and to me, this is one of the great buying opportunities of all time.”
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When few or nobody is buying physical (buyers rest) TPTB can offer it very cheap, and won’t lose too much money making gold look bad. When everybody and their uncle is buying physical hand over fist, TPTB can RAISE the price (toward $1900) to curtail buying, encourage selling physical, and punish the late buyers at the same time.
The paper contracts are the tool, or “screw driver”. 🙂