Loading ...That goes a long way in explaining the blatant, in your face, price action last week – Action that assured that Venezuela would get the least amount of dollars for their gold ….with the bonus of crushing the building gold positive sentiment.
The link below has a great explanation by a derivatives trader on how derivatives set the price of gold contrary to normal price discovery.
Mannarino does a terrific job explaining how, and why, we are getting screwed …and what needs to be done to correct the problem.
I started out only intending to watch a few minutes of the interview, but I ended up listening to the entire thing . He hits on almost every point and he is exactly right on. It is well worth one’s time – I hope it gets spread far and wide.
It’s Time For The People To Come Together To Go After The Real Enemy:Greg Mannarino