PM experts are saying that the Chinese market, which can be 10-15% higher, is increasingly driving the price of gold and silver. So why are technical analyses still based exclusively on the COMEX price?
Oliver MSA subscriber that Vince covers and others. When London closes (see Kitco 3 day chart), Comex will move to last Friday close. The Paper Silver is Desperate to keep silver there.
Check the COT positioning. Metals are very crowded. Gold/Silver/Copper -- speculators are extremely long. Probably will need to drop quite a bit. Palladium -- speculators are extremely short, the short squeeze is on the cards.
Very often that ' correction' can be seen in the last week(s) of a quarter..... or last friday in a month ... so who wonders why ...??? I herad something like closing the books for the month/week/year to accelarate the directors fees !! correct ??
Not sure where Vince is seeing palladium down $10. I've been watching all morning and it's been up huge, current spot price is 1034.30 as it's up 46.50. Actually it's weird. That was the price on moneymetals. Apmex shows 1010 bid with 1060 ask, kitco shows 984 bid with 1024 ask. I don't understand why they are all different but all show it up $50 or so.
Paper manipulation. Much worse for silver. JPM can dump a truckload approx 700K oz) from their previous 1.0 B oz hoard, now appears to be down to estimated 380M oz,
For big moves I am looking forward to August for a last dash by BRICS and associates pre September Shanghai meeting of finance ministers to agree the details of the BRIC Unit Trading token backed by PM. Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24.
No, but it will have to be cleaned up. It might take a couple of divisions of US Marines to do the job and turn it into a secular state where Jews, Christians and Muslims can live in peace together. It was founded as a Soviet satellite state, run out of the City of London, and is under the control of fake Russian jews. Right now it is a threat to the entire region. These non-Semite Jews that constitute 90% of Israel's "settlers" may have to be returned to their ancestral lands in the northern Caucasus region of western Europe. This is not the Israel of the bible, but a fake construct to suck American Christians into supporting a rogue state. You may not realize that the US military had a plan to go into Israel and enforce the agreed-on two-state solution right before 9/11 occurred. Most people know who did 9/11.
"Upvote" Professor Vince Lanci.
PM experts are saying that the Chinese market, which can be 10-15% higher, is increasingly driving the price of gold and silver. So why are technical analyses still based exclusively on the COMEX price?
Thnks sir Vince and sir Coach, have a great week all, stay free, bless all
"We are exactly where Richard Russell said we would be 20 years ago. It’s inflate or die..." Bill Holter
Doesn't matter as long as the E.S.F. can run the P.M. prices down the Day after a strong up Day , it's 1 step forward and 2 backward !
Richard Russell was a great man and the one I credit with my awakening. RIP Richard Russell.
Thank you so much Chris and Vince!
Excellent report 👍👍👍👍👍👍👍
Oliver MSA subscriber that Vince covers and others. When London closes (see Kitco 3 day chart), Comex will move to last Friday close. The Paper Silver is Desperate to keep silver there.
Check the COT positioning. Metals are very crowded. Gold/Silver/Copper -- speculators are extremely long. Probably will need to drop quite a bit. Palladium -- speculators are extremely short, the short squeeze is on the cards.
Tell us when the Comex LBMA will default on physical deliveries and Silver price triple with Gold $2000+
Very often that ' correction' can be seen in the last week(s) of a quarter..... or last friday in a month ... so who wonders why ...???
I herad something like closing the books for the month/week/year to accelarate the directors fees !! correct ??
It's more complicated, then there's outright manipulation.
2342?
We are above that level now on XAUUSD.
Not sure where Vince is seeing palladium down $10. I've been watching all morning and it's been up huge, current spot price is 1034.30 as it's up 46.50.
Actually it's weird. That was the price on moneymetals. Apmex shows 1010 bid with 1060 ask, kitco shows 984 bid with 1024 ask. I don't understand why they are all different but all show it up $50 or so.
Shanghai physical silver about 12.4% higher than Comex paper.
Look at COT, Palladium is extremely shorted, the short squeeze is coming.
Vince....gold had is working on a monthly DeMark 9....cause for pause?
Paper manipulation. Much worse for silver. JPM can dump a truckload approx 700K oz) from their previous 1.0 B oz hoard, now appears to be down to estimated 380M oz,
Where i can get this option intrest of gold? Which website or tool?
For big moves I am looking forward to August for a last dash by BRICS and associates pre September Shanghai meeting of finance ministers to agree the details of the BRIC Unit Trading token backed by PM.
Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24.
I cannot believe you of all people are not impressed by CARDANO
Israel will not be gone no matter what they do…
No, but it will have to be cleaned up. It might take a couple of divisions of US Marines to do the job and turn it into a secular state where Jews, Christians and Muslims can live in peace together. It was founded as a Soviet satellite state, run out of the City of London, and is under the control of fake Russian jews. Right now it is a threat to the entire region. These non-Semite Jews that constitute 90% of Israel's "settlers" may have to be returned to their ancestral lands in the northern Caucasus region of western Europe. This is not the Israel of the bible, but a fake construct to suck American Christians into supporting a rogue state. You may not realize that the US military had a plan to go into Israel and enforce the agreed-on two-state solution right before 9/11 occurred. Most people know who did 9/11.
Hamas invaded Israel not Gaza