OTCPK:MEAOD - Post by User
Comment by
jvtayon Sep 24, 2015 11:41am
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Post# 24131703
RE:RE:RE:Gold Price
RE:RE:RE:Gold PriceIf you look at the price of gold over the past 10-15 years, you'll see there is a pattern to its control / manipulation / "management." Very rarely has the price been allowed to increase by over 2% on any given market day (COMEX). As I recall from data last year, you could count on one hand (maybe two, can't remember) the number of days it was allowed to rise over 2%, and the following day it was almost NEVER allowed to rise more than 1%, and the most common pattern for the two days after that was EVEN and then DOWN.
The pattern has a 5- or 6-sigma occurrence...ie, WAY out of anything that could even remotely considered "chance" or caused by normal market activiites. So, that's a long way of saying that yes, I expect TPTB to knock the price back down, and keep knocking it down, until they either choose not to (don't know exactly what that's going to look like) or can't. We are living in interesting times, no doubt...jt