TSXV:PEM.P - Post by User
Post by
naggedon Apr 15, 2013 8:56pm
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Post# 21257253
gold drop
gold drop last week abn ambro ran out so its just a guess but i figure that the comex was running out and rather than declare a force majeure and announce to the world that the game is over they coordinated a takedown,ran all the stops and are now scooping up whatever was sold by the weak hands. stop losses are targets for the crooks, always have been and always will be. when the bigboys look at stoplosses stacked all they have to do is start the drop and the cascade takes care of the rest,old news. happened to arena pharm back in 07,08 and the thieves actually announced what would happen and did it, ran the stops and killed it. it only took seconds as the stops were stacked so they bought a load of puts and then instigated a big sell. what has changed in the world of finance other that the theives are getting bolder, more desperate? patience because real gold doesnt grow on trees or on a pritning press. after today there is no gold left to steal except interbank and safe deposits and when thsi last bit of gold gets to china this will blow up.just mhho.