TSX:SGR.UN - Post by User
Post by
chartist777on Jan 05, 2014 5:46am
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Post# 22059355
manipulation failed with high physical demand
manipulation failed with high physical demand people who got educated about gold and the economy are just taking advantage of the artificial low price manipulate by fed. that is why we saw the higher physical demand with lower price. China and India are huge market for gold and silver. people there don't care about the fundamentals and technical. They just buy it as the price drops. All these people are strong hand for gold and silver. So the artificial low price doesn't discourage the people to own gold. on the contrary, it stimulates the demand. so it can be concluded fed's manipulation on gold failed and they set a trap for themselves, because they won't get their gold back from the strong hands.