$Gold Futures(FEB5) (GCmain.US)$ why gold is suppressed also...
$Gold Futures(FEB5) (GCmain.US)$ why gold is suppressed also tho. gold should be rising when market is crashing
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Mr Krabs : It’s coming, be patient
EZ_money : it's because central banks are keeping prices down they are buying by the tons record amount you can Google how much gold has central banks bought they been buying for few years now preparing for the reset and the collapse of the dollar
EZ_money : China has taken over the gold market it's selling for more per once in China.... this also is a way to shift gold from West to East... futures sell way more gold than they actually have on hand so shorts can borrow on something that's not even there for delivery it's a scam that's about to blow up gold will spike 3500 next year
EZ_money : even JP Morgan put a PT 3000 per ounce... because they lost control with manipulation
EZ_money : it very well possible gold standard could be coming back BRICs pegged their Unit to gold, the West will have to follow in some similar fashion or lose... because who will want money not backed up by anything when there is BRICs
Alster OP EZ_money : Well I guess my 17 days call is too short, should go longer
EZ_money Alster OP : I buy bullion... it's the old saying if you don't hold it you don't own it. same goes with futures , but they are selling more gold and silver than what they have for delivery it's all going to backfire and explode when it does we'll see the real prices on gold and silver. if they had to cover every dollar printed it's estimated gold would be 65K-160K per ounce is what all the experts are saying
EZ_money Alster OP : not saying that they will do that I think they will collapse the dollar default on debt and start with a new currency hopefully backed by gold like BRICs
EZ_money Alster OP : tip. in the states they are cutting sales tax because they are starting to recognize gold and silver as currency again so now you exchange your money... anything under 10K purchases don't get reported to the feds therefore no capital gains tax. the real and only way to be completely discreet is this way outside of cash