1 hour ago gold hit an all time high
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (21)
sorted by:
Interesting comments.
I would add that since 01-01-2023 through NFSR compliance gold contracts can now be delivered through the backdoor. Meaning, that the artificial paper market, though still in operation, allows for the price suppression actions to cause physical deliveries against a lower price, which put a bottom under the actual price .....
In this sense, Gold and Silver are now in competition in other FX pairs and Bonds.
Also, interesting to see the effects of downside action. It seems to wither, when viewed on a monthly chart. (https://www.tradingview.com)
Silver is now taking the brunt of manipulation. Simply compare the action in jan 2023. Here, the casino is alive and well, yet the upward pressure, is gargantuan.
Side note: there once was a time when, in China, Silver was worth more than Gold, and lead into the opium wars and the demonetization of Silver in the same time-frame. It meant, silver was no longer a viable payment method as all silver flowed towards the East, and because the West had no stuff China wanted or needed.
Interesting to compare the time-frame 1775 - 1860 period with the last 100 years.