Why would gold drop to $1640 to $1625 in a day where the Fed re-iterates that interest rates would be kept low to 2014? That is bullish for gold. The answer is obviously, manipulation.
Showing posts with label Interest Rates. Show all posts
Showing posts with label Interest Rates. Show all posts
Wednesday, April 25, 2012
The "V" That Jim Sinclair is Talking About
Jim Sinclair said recently in a King World News interview: "...we’ve seen some V-bottoms during daily operations, where they
(manipulators) have forced gold (down) and it just snapped right back.
There is no question, it is a matter of record, that multiple central
banks around the world have been large buyers of a significant amount of
gold in the last two months."
"... every time the manipulators come in to reduce the price they are running into significant physical buying.... "
Why would gold drop to $1640 to $1625 in a day where the Fed re-iterates that interest rates would be kept low to 2014? That is bullish for gold. The answer is obviously, manipulation.
Why would gold drop to $1640 to $1625 in a day where the Fed re-iterates that interest rates would be kept low to 2014? That is bullish for gold. The answer is obviously, manipulation.
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