I’m FAR from an expert on this, still a novice trying to figure things out, but to me it looks like there’s a daily tug of war… Gold & silver price rises on the Shanghai Gold Exchange (SGE) then after SGE and LME (London Metal Exchange) both close for day, the crooks in USA beat the price back down. I’ve been watching the back and forth the past week or so.
Start watching again Sunday night (Monday morning in China) and the price will start rising again.
The result of this daily battle is that the crooks who use "paper gold" to drive the price down are rapidly running out of ammunition to continue to do so. It's only a matter of time before they can no longer beat the price down, and that's when the real fun begins 🤑💰
Fake liquidity, they move paper gold around to make it seem that there is plenty if it. Just like silver. Now when people are requesting their 5,000oz contracts as physical they don't like that as they have even less, so they print even more paper silver and gold to make up for it.... soon this short will be crazy
So it's the same deal as the shorted stocks. Each day they expend money suppressing the price.
I’m FAR from an expert on this, still a novice trying to figure things out, but to me it looks like there’s a daily tug of war… Gold & silver price rises on the Shanghai Gold Exchange (SGE) then after SGE and LME (London Metal Exchange) both close for day, the crooks in USA beat the price back down. I’ve been watching the back and forth the past week or so.
Start watching again Sunday night (Monday morning in China) and the price will start rising again.
The result of this daily battle is that the crooks who use "paper gold" to drive the price down are rapidly running out of ammunition to continue to do so. It's only a matter of time before they can no longer beat the price down, and that's when the real fun begins 🤑💰
How do they use paper gold to bring price down? Sell it to each other?
Fake liquidity, they move paper gold around to make it seem that there is plenty if it. Just like silver. Now when people are requesting their 5,000oz contracts as physical they don't like that as they have even less, so they print even more paper silver and gold to make up for it.... soon this short will be crazy