Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Gold Bug

Like Tree1Likes
  • 1 Post By Potemkin

Reply
 
LinkBack Thread Tools
Old 11-16-2014, 08:37 AM   #1
Predaceous stink bug
 
Potemkin's Avatar
 
Join Date: Jul 2013
Posts: 220
Liked: 31 times
How the Fed is shorting gold

Quite shocking - but they can print "gold" too!

I still can't believe my eyes, my ears... is this true?
http://www.examiner.com/article/fed-...-effects-of-qe

benjamen likes this.
Potemkin is offline   Reply With Quote
Old 11-16-2014, 04:17 PM   #2
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 959
Liked: 502 times
How exactly all the forms of manipulation are playing, I could only guess. I think it's obvious they are doing a lot of shady things (shocker right?). Seems to me that lately either the price of gold is too high, or silver is WAAAY too low. Maybe it's a bit of both. They are trying to keep the dollar strong, but don't want it too strong. They are juggling so many balls at one time to try and reach the result they want, that when they drop one, things will probably get very ugly.
11C1P is offline   Reply With Quote
Old 11-17-2014, 07:08 AM   #3
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,017
Liked: 2444 times
Some folks claim the Fed (proxies/bullion banks) are doing it. Some claim China is doing it. Some claim it's just the market chasing yield (in other markets - the big money has left the PM paper markets).

All I know is that miners aren't making any money at these prices and real physical is currently a bargain.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Rickards: Treasury shorting the Dollar PMBug Fiat Ponzi 5 12-17-2011 04:42 PM


All times are GMT -5. The time now is 10:40 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.