Central Bankers' War Against Gold is Futile.

in dtube •  5 years ago  (edited)


#steemleo

In this report, I cover the early market action from London on Monday, September 30th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.

Today I look into the paper gold market or what is better known as the futures market. King World News has reported on how the commercials and bullion banks have put on record short positions in the gold futures contract and how that normally could mean a big drop or correction in the price of gold.

The last time the bullion banks were so short was in 2016 when gold topped at $1375 and they might very well get gold to go lower but in the long term the Central Bankers and their bullion banks agents cannot keep gold from going higher and exposing the fraudulent nature of the paper or credit-based fiat currencies.

My personal strategy in the past two decades is to stay the course and keep stacking the precious metals as much as possible and to not be scared off by the raids on the gold and silver prices by the bullion banks because even they know that they cannot afford to be constant sellers and eventually run out of their most precious monetary asset.

"ALERT: Bullion Banks And Commercials All-Time Record Short The Gold Market!": https://kingworldnews.com/alert-bullion-banks-and-commercials-all-time-record-short-the-gold-market/

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

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Thanks again, Maneco64. One would have a hard time convincing me that the individual banker doesn't stack Gold in their own personal accounts.

I have always been a huge fan of gold and silver. They are not an "investment" and don't pay dividends but they are a great piece of mind and insurgence policy against hyperinflation and forms of other currency devaluation.

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