GREY:RNKLF - Post by User
Post by
Sinbobon Oct 09, 2018 1:07pm
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Post# 28767121
P.S.
P.S.Don't shoot the messenger.
This RNX is a very incredible situation and will blow the roof off if it has indeed discovered a massive nuggety gold field. Between this and NVO ... they 'could' change the whole global gold picture with their historic potential.
Sooner or later the gold cartel will be overtaken and the natural forces of the markets will take over. Note how gold is following the YUAN. Note all the headlines by the 'fixers' about gold going 'up' next year to, say, $1350' ish .... just to dampen any expectations. Note the BS puked out by The World Gold Council foor years. Note how gold detractors cleverly play down Chinese gold vault holdings by saying China 'may have' accumulated 'as much as' 1500 tons of gold .... when in realtiy they have now probably accumulated anywhere between 35,000 tons to 100,000 tons over the last 20 years. They never sell any of their mined gold as the largest gold miner on earth.
Also note how we are now seeing the largest long position by the commercials and largest short positions by the 'speculators' (funds) almost in history. Also note that JPM has cornered the silver market with over 1 billion ounces. Is that theirs oe the US Government's. Why?
The whole thing is a rubic;s cube. Trying to figure it out is one thing .... the timing of it all is totally another.