tag:blogger.com,1999:blog-6515533651942347614.post3580756718741667501..comments2020-09-01T17:22:15.468-07:00Comments on Junior Canadian Resource: Me Writing About Gold With a Tinfoil Hat OnDaYvan-Cowboyhttp://www.blogger.com/profile/14369714598331495372noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6515533651942347614.post-61980573812919090002013-10-03T07:38:22.799-07:002013-10-03T07:38:22.799-07:00Yea, It's what I have been thinking. I had ima...Yea, It's what I have been thinking. I had imagined though that there was an effort to get the price down to a certain level, while making money on the intermediate swings up and down.<br /><br /><br />I wrote this more as a satirical joke based on the stuff I read when ever gold goes through one of the "2000 contract dumps".<br /><br />DaYvan-Cowboyhttps://www.blogger.com/profile/14369714598331495372noreply@blogger.comtag:blogger.com,1999:blog-6515533651942347614.post-68573588488640630892013-10-03T07:22:20.191-07:002013-10-03T07:22:20.191-07:00tl;dr
Try this on for size:
Gold is "manipu...tl;dr<br /><br />Try this on for size:<br /><br />Gold is "manipulated" by commodity traders who see weakness and puke a few thousand contracts to trip stops and make retail dump.<br /><br />Then after the tumble down stops, they buy back and close out at a big leveraged profit.<br /><br />A puke into the thin electronic market is simply the best way to get a big bang for your buck. An instantaneous dump of 2,000 contracts smashing thru the bids while China's off on holiday is not poor execution, it's purposeful and often very successful.<br /><br />And it's not JP Morgan or the lizard people, it's just commodity traders seeing which side is weak.<br /><br />All it accomplishes from a supply-demand standpoint is shake some more physical out of Whitey's weak hands. <br />I Will Never Accept The Terms of Servicehttps://www.blogger.com/profile/09422355923256894207noreply@blogger.com