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As The U.S. Economic Collapse Proceeds, Gold Continues To Be Heavily Manipulated
by David Kranzler
Investment Research Dynamics
The predictability of the Asia rise/European/NY selloff pattern has become almost comic…Gold surged $4 in the last couple of hours of Shanghai trading peaking at $1,163.30 in April about 2-30 AM. Since about 1AM a sliding $US should have been helping but as MKS Sydney reports
“The $1160 level throughout the morning seemed well capped however with what seemed to be some decent iceberg orders lingering on the offer… There was decent selling from retail, macro and even physical names above $1160 so it does still seem pretty heavy going towards the top end of the range and will likely continue this way into the FOMC.”
There are plenty of well-trained (and well-fed) Bears around.
The quote above is from John Brimelow’s “Gold Jottings” daily gold market update (subscription-based). Almost every night gold rallies during Asian trading hours, only to be pushed back down once the fraudulent paper gold markets in London (LBMA) and NY (Comex) open. India and China continue to aggressively accumulate physical gold.
Continue Reading at InvestmentResearchDynamics.com…
Source: http://financialsurvivalnetwork.com/2015/03/as-the-u-s-economic-collapse-proceeds-gold-continues-to-be-heavily-manipulated/?utm_source=rss&utm_medium=rss&utm_campaign=as-the-u-s-economic-collapse-proceeds-gold-continues-to-be-heavily-manipulated
