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M C's avatar

Regarding the morning slams, It also needs to be investigated, the way it can smack miners down for the rest of that day, i.e spot prices rise before nyse open, and only minutes before, sometimes just after, it plummets 10$ and then the miners take another dive, but never recover more than 1/2 of the gains even when spot gets back above the slam dunk.

i.e spot up 0,5% and the miners - over 50 mixed miners - first rise 0,5 % but when spot slams at the open, miners smack down 1-2 % but some miners are up 5-10 + % one day, and the next down 5-10 %.

Someone is deliberitly moving / shorting miners, front running the next smack.

The Newmont " miss" should have kicked the CEO / chair et al but he was put in there by the...Banksters explaining that NO real price discovery can come out, by blocking a chinese buy out exposing the real price of a mining company.

If the bankers loose control of the gig, then they send YOU to war, to protect their system.

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Stuart Lee's avatar

Some commentators are skeptical about the US' 8000 odd tonnes of gold, and the lack of audits. You believe they have it?

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The Silver Academy's avatar

My guess is as good as yours,,,if I were to bet I'd say they have twice that much,,,no one's greedier or as shrrewd than the gr8 US imperial crown

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MoodyP's avatar

“So why does this reckless short selling persist?”

For the same reason that the FED ignores the statutory mandated zero target for inflation.

Because Congress allows it.

It’s really that simple.

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Lukas's avatar

Why is no one informing SEC ? If this is obviously

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The Silver Academy's avatar

It has been done, they regulate themselves,, Watch the movie The Big Short with Brad Pitt and Steve Carroll. And ryan gosling

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