This orchestrated gold/silver takedown likely done to covermassive offsite pre-Brexit short positions,
while the Chinese are on hollidays for the week. It is just the latest effort (over the past 5 years) of these criminals monkey hammering the tiny precious metals market to ensure they are able to put through their agendas. Sadly, there are no free trading markets anymore.
´´This takedown is a complete joke, and the wholesale market is all over (on the buy side of) this paper takedown. This is a desperate effort by Western officials to cover massive offside pre-Brexit over-the-counter short positions put on by their agent bullion banks near the $1,275 level.``
´´The selling commenced today as soon as London opened. The pit open saw massive short sell orders executed right at the outset of trading.´´
´´Western officials purposely waited for the Chinese to be on holiday before they began to smash the gold and silver prices. But China will be back buying on Sunday night and they will surely capitalize on this discount. However, even though the Chinese are on holiday, the Peoples Bank of China (PBOC) is not, and they are actively buying gold into this dip.´´
https://kingworldnews.com/andrew-maguire-a-staggering-1000-tonnes-of-paper-gold-rinsed-out-of-the-market-today/