Loading ...I know this has been discussed in the past on this board, but I firmly believe that “levels” also are a big and important component of the scum’s arsenal to keep a lid on the price of Gold and Silver.
Last week when Gold was trading in the $2030-2035 range, I think the scum had early knowledge of what the Fed’s “dot plot” and message for today, was going to be. They could easily load up on their shorts in that range, and cover some/most of their shorts before today’s FOMC announcement. Instead of popping from the $2030-2035 area, they’ve made it that much harder to get back to an important $2100 level…..