No question the boys are cornered possibly like no time ever before. They will throw everything and the kitchen sink in terms of paper at gold for as long as they can eventually though the jig is up. If someone large comes in and demands delivery, they have real problems, but we’ve been saying that for over a decade so, as you say, we have to be weary of increasing volume at the Crimex.
Goldie, the Fed will raise, and they will raise again, and again, and again. This next wave of inflation will be dollar driven. I am stunned that the dollar is selling off as fast as it is right now we’ll see how the rest of the day goes but the shares have been mixed and they’ve got them pinned down as well. I all of a sudden though, silver is an absolute beast. I’m surprised that silver is not being pinned down like gold is.
Mr Copper, Goldie
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.