Do you really think if gold went up to $5000 before june 17and rebalancing of gold ETFs holdings of gold stocks that have exceeded
their percentage amounts limits in gold ETFs, that would stop the very
same gold stocks trading alone outside gold ETFs, from trading anywhere
from their last price before gold $5000, up to $100 and more.
Maybe inside gold ETFs which I doubt that too.
Since all the gold stocks in gold ETFs would trade proportionally higher
maintaining the same exceeded percentage amounts limits in the gold ETFs,
needing to be rebalanced on june 17.
The real problems of gold and silver stocks not being up to 10 Xs and more
higher than what they are now, are the US's paper Comex trading gold/silver
exchange, and britain's paper LBMA trading gold/silver exchange still dominate
the determination of gold/silver prices in the world.
The real D-day when those two western paper gold/silver exchanges are
ignored, and gold/silver prices are let loose, (competing no longer with how
the US dollar is doing, but the amount of excessive over printed and debased
US currencies and really all paper currencies, are doing), is sometime in
the 3rd quarter of this year and china's hong kong real physical gold/silver
exchange is traded internationally and the world gravitates to it away from
the COMEX and LBMA.
This jsminest link tipped me off to that. It links the more official news about
it, and in that there's another link that says it happens the 3rd quarter of
this year (july, august or september, whatever month of that).
ie
The Hong Kong Golden Dragon that kills COMEX (and LBMA) https://www.jsmineset.com/2017/05/14/in-the-news-today-2652/ Follow the links till it says 'the 3rd quarter of 2017' which could be
either july, august or september.
An average guys account that gold/silver should be a lot higher than
what they are, and makes much more sense than convoluted explanations
by economists, who keep gold/silver's prices tied down to the US dollar's
price, and not the homongous amout of over printed US and other currencies
in the world, and that the world is in recession because of that, essentially
bankrupt, because the world can't pay back the debts used to over print
currencies to debasement levels.
https://toughnickel.com/personal-finance/Paper-Money-Not-Backed-By-Gold-and-Silver-Breeds-Less-Confidence But still, for me, that won't become so and be recognized, until the hong kong
international real physical gold/silver exchange is opened in the 3rd
quarter of this year, and gold and silver prices taking off because of that.
That becomes
the canary in the gold mine effect showing to the world, the world's paper
currencies, finances, debts and economics, are a mess and disastrous mess.