We know that the Chinese and Indian's are vacuuming up all the gold they can find, not to mention the advent of BRICS....but the price is currently $1992.80/oz (with a 52 week range of $1,631.10-$2,085.40). So why isn't gold well over $3,000 or $4,000/oz?
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It is suppressed and will be to the point paper gold market implodes..
Artificial suppression of metal prices. In August 3 JP Morgan gold traders went to prison apparently.
Would highly suggest look up roadtoroota (or Bix Weir) and he has dont more than a decade of research and originally exposed this. He has tons of videos.
There is a lot of pressure on the $1980-$2000 level right now.
Yesterday the price closed above the previous supply zone which means that level has officially 'broken' and we are now in an uptrend. That's a lot of pressure on the system of control.
Link that with the buying pressure from the conflict in Israel and I wouldn't be surprised if this is the move that forces the control mechanism to break or at least come out into the open much more obviously.
No-one in their right mind (other than gold miners) will be selling gold right now, so they'll have to leverage what they have more and more (paper gold).
The more that system is leveraged, the smaller the nudge required to stress it to breaking point - i.e. someone actually cashing in their gold paper for actual gold - then the shit will really fly.
They are suppressing it so the central banks can get it all before the people realize how important it is to have Gold and Silver. When the price starts to move the people will scramble to get it and it will be too late. The banks are draining the COMEX as we speak. It looks like they are using the Bank Of America as the sacrificial lamb. They are significantly short Gold and Silver. That does not make sense until you realize they know what is coming and have no intention of covering their shorts. They just need to keep their eyes off Gold as long as they can.
Glad I owe BOA on several CC's at 0% APR until 2025... Kek!
The banksters flood the market with fiat gold which are Pieces of paper that pretend to be gold with no actual gold holdings. The supply and demand equation that usually determines the price of something doesn’t work if you can invent the supply from thin air.
There is one video I saw on gold that claimed if the price of the fiat dollar was connected to the amount of gold holdings the US claims to have it would be between 50k and 1m. He said it’s difficult to determine how many US dollars have actually been printed.
I have a theory that the white hats “Do we have the gold?” -Anon question to Q with a response of “Yes” may mean they have a lot more than we need to keep the price down. Everyone is claiming the price of gold will skyrocket when people start demanding physical gold instead of a piece of paper BUT What if the white hats actually DO have a lot?
Imagine the cabal cashing in their museum items and real estate, etc. getting ready for the crash by buying up gold. Dollar crashes. Gold soars to 50-500k per ounce. Initially, people who own gold can pay off mortgages and car loans with an ounce or two and the cabal is sitting pretty with their gold stores cackling maniacally in their mansions. Then the white hats dump the gold which is thousands of times more than we initially had. Gold comes back down to 1000 -2000 an ounce and the dollar goes back to normal. The cabal becomes relatively poor again. (So do we but we at least paid off the mortgage) Economy saved.
Held down by paper gold. When fiat gold and market manipulation is eliminated gold will find is true level. Don't sell your gold bullion.