RE:RE:Gold priceIt remains to be seen what rhetoric they will be using this time around to keep the POG from climbing above $1300...?
The so-called commercials on the Comex (loosely defined as any trading entity that manages paper or non-physical gold trading) went into May with the largest short position in gold and silver ever recorded. We're talking approx. 500:1 short/long ratio. Who the hell is running this scam..? Stark contrast to the Shanghai gold exchange, the ONLY market on the planet where, by law, gold only trades in the physical form and every sale must be matched by physical delivery...