Gold price cap .. Tough balancing act.On the one hand .. we have escalated worldwide tensions which will of course, cause safe haven bidding. AC carrier steaming toward NK, Syria policy about face in 2 days, Possiblility of govnment closing for business (LOL that is truly funny) .. etc etc. Gold price will rise sir . .
What to do? We must defend the dollar - at all costs - and if it means war then war it is. ANYTHING to distract the sheep. The specter of war is a great distractor. The gold price rise ? Appreciably, which embarasses the dollar and cannot, indeed, will not be tolerated nor permitted. So then, on the other hand, we have this:
Everbody calm down . . (aka glory glory aleluhjah (sp))
Yes, before the public address, (which is now conclued and a matter of record) they
actually played Glory Glory Alelujah .. but I digress, because this appeasement video will be deemed good enough to quell all the nervous nellies who are driving the gold price up. But make no mistake, The PPT & ESF et al will be in full force tonite. They got the green light for the PRICE smashers to work their stuff overnight. If not tonite, early morning, then soon.
OR
There will be enough buyers to temporarily overwhelm until they exhaust. 99 times outa of 100, Naked short contract sales when available in endless supply WILL quell and exhaust buyers. Naked shorting - When you control the defacto world trade currency and have a military that lets you print ad-infinium, no one can stop you. It is the defacto method for capping and controlling the price and it will work until - it doesnt.
Cant beat em .. so trade like em.
Next 48 hours will be interesting ..