Post by
LbinLoL on Aug 04, 2015 6:11pm
What if....
Werstern and europe gold miners keep selling their gold on the market with comex price at a time where all confidence in the comex is lost and paper gold keep on smashing towards 0 (its intrisic value). Because its obvious it has no logic and something new will emerge from all that.. but until where miners will wait before standing up together and stop selling gold base on the paper price !? I feel CEO dont care... theyre saying to themselves theyll try to make it work in these conditions and try to be the last miner standing so theyll become rich when all others go bankrupt... but this make no sense.. why would it reverse if no one wants to buy paper gold, and that physical gold is not available... this will change only with blood and a revolution... otherwise the entire mining sector will break down
Comment by
tsoprano1 on Aug 04, 2015 6:28pm
They need a large group to demand delivery. If they don't have it, go get it and deliver. That would shake things up, but for some reason no one wants to upset the apple cart. So the paper kings win. Until Goldman and the other crooks like Morgan Stanley say gold can go up it will stay down. Not fair, but reality. T
Comment by
witsguy on Aug 05, 2015 11:10pm
Replace "limpdick SEC" with limpdick Canadian Securities Comissions then that might be more accurate n'est pas? The USA regulations are MUCH more enforced than here in Canada where offenders allegedly get a mere slap on the wrist...
Comment by
Numerus on Aug 07, 2015 8:14am
Read this : https://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/
and will all come together.