by irdadmin | May 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
A new gold futures contract is being introduced by the Hong Kong Futures Exchange (two contracts actually). The two contracts will be physically settled $US and CNH (offshore renminbi) gold futures contracts. The key to this contract is that it requires physical...
by irdadmin | May 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Gold and silver have been sold down pretty hard since April 18th. But the structure of the weekly Commitment of Traders report, which shows the long and short positions of the various trader classifications (banks, hedgers, hedge funds, other large investment funds,...
by irdadmin | May 1, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
On April 11th, the CME and England’s Royal Mint announced that they were testing a blockchain-based platform for trading gold. The product to be traded is a new crypto-coin called, Royal Mint Gold (“RMG”). The token will be issued by the Royal Mint...
by irdadmin | May 1, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The following was written by Eric Dubin of The News Doctors: It’s not an accident that the hit to gold and silver came AFTER the London PM Fix. We’ve got physical gold demand in Asia that is downright explosive (I’ll document this in a separate...
by irdadmin | May 1, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The precious metals market has been under attack for the last two weeks by the Comex banks who have once again built-up an extreme net short position in their paper gold and silver positions. In fact the open interest in paper silver recently set a new record high,...