by irdadmin | Sep 3, 2021 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The chart above shows the gold/HUI ratio going back to 2001. I would have used GDX but I wanted to take the graph back to beginning of the precious metals bull market and GDX didn’t start trading until May 2006. It’s not perfect, but in general when the...
by irdadmin | Apr 28, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
When the hedge fund algos inevitably turn the other way and unload stocks, a meaningful amount of the capital that leaves the stock market will likely rush into gold and silver. The record hedge fund net short position on the Comex will add fuel to the move in...
by irdadmin | Apr 27, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The latest commitment of traders report (COT report) showed that the hedge funds on the Comex (the “managed money” account) is now net short 33.9k contract of paper gold. This is a record net short position in paper gold for the managed money account on...
by irdadmin | Apr 23, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
“Central banks stand ready to lease gold in increasing quantities should the price rise.” – Alan Greenspan, July 1998 testimony to Congress At 8:39 a.m. EST 523,200 ozs of paper gold were unloaded onto the Comex in the space of less one minute:...
by irdadmin | Mar 17, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I sourced the chart below from a blog called The Macro Tourist. I added the title and the two yellow trend lines. The chart shows the daily price of gold since the inception of the bull market in 2000-2001. Last Friday (March 8th) gold popped $12 +/- (depending on the...
