Loading ...… where they are trying to use weakness in the broads to topple silver, and then gold (silver is easier to suppress than gold).
They are getting stuffed though, with the metals bouncing right back. Looks like central banks et al continue to panic into gold cutting straight through the large round number at $3,000 with ease. Anybody thinking this is going to be like the fight at $2,000 is drunk. As drunk as the banks who leased out their gold and will never be able to get it back.
I think it’s Goldman now calling for $3500. (I could be wrong about the bank) This could set the floor at $3000 when it gets there.
The Fed may not be cutting rates tomorrow, but they might nix QT – which would be received well by PM holders.
Just a thought.
Cheers all