derryb ✭✭✭✭✭
Reactions
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Re: Today's gold and silver
useconomy.gov sees the need to run the economy "hot" (inflation) to deal with its debt. Look for inflation to climb and PMs to respond higher. (View Post)2 -
Re: Shake it Off
Oh ye of little faith. Pullbacks are healthy. (View Post)5 -
Re: Today's gold and silver
The cause begins at the futures exchange where the basis (spot) of physical prices is set via the demand/purchase of futures contracts. Bidding less on a paper product changes only the supply and dem… (View Post)2 -
Re: Congratulations to gold - New all time highs! $4350+!!!
PM spot is manipulated by the futures exchanges, this is why they were created - to control (they say stabilze) commodity prices. They are: Former J.P. Morgan Precious Metals Traders Sentenced to Pri… (View Post)2 -
Re: Congratulations to gold - New all time highs! $4350+!!!
Because the rise in the gold price is not being driven by speculators but by genuine hoarders (including central banks), any dip in the price is likely to be bought (View Post)2
