Friday, March 3, 2017

After yesterday's manipulated takedown of gold price, divergence between London and Shanghai back to $28

As soon as London markets closed on March 2, bullion banks instantly dumped 1.15 million ounces (23,000 contracts) to smash down the price of gold using naked paper shorts.

The move appears to be in preparation for Friday's announcement by the Federal Reserve, but also because gold recently achieved a Golden Cross formation, signalling to technical traders a strong buy signal.

Silver Has Just Been Smashed 85 Cents to $17.70, and Gold Prices Have Just Been Sent Plunging to a Last of $1232. 
What Just Triggered the Massive Free-Fall Plunge? 
FED GOONS…giving cover for bullion banks to drop $2 BILLION in paper silver (thats over 23,000 contracts, or 1.15 MILLION OZ) as soon as London closed. - Silver Doctors
In the meantime this artificially manipulated takedown of the gold price was not recognized over in China, where the difference between the PM Gold Fix and Shanghai and the AM Gold Fix in London for March 3 is now back up to $28.

Shanghai PM Gold Fix - March 3 2017


London AM Gold Fix - March 3 2017


1 comments:

March 2, 2017 THE ILLUSION OF PROGRESS

This is precisely what you'd expect of a self-serving elite that was desperate to cloak the unhappy reality that the relative few are benefiting immensely at the expense of the many.

http://charleshughsmith.blogspot.com/2017/03/the-illusion-of-progress.html

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