by irdadmin | Jun 26, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
The chart (and blog title) above is from James Turk via King World News. Turk was making the point that the western Central Banks, via the bullion banks, are short $4 billion worth of paper gold on the Comex. With all of the Central Bank money printing, and the Fed is...
by irdadmin | Jul 19, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Once again there was an overnight “flash crash” in Comex gold futures trading. This time it occurred at 3:56 a.m. EST at one of the quietest trading periods of the roughly 23 hour electronic trading day. India has gone sleep. The Shanghai Gold Exchange...
by irdadmin | May 17, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
As discussed earlier, today’s price-action in the paper Comex gold market is nothing that a reflection of the Fed’s desperate attempt to keep the price of gold from breaking out above $1300. The reason for this is that a break-out above $1300 would...
