KITCO - Gold discussion Message Board

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Gold/Mining/Energy : KITCO - Gold discussion

GLD 389.75

+0.5%

Dec 1 4:00 PM EST

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From: Mintstate	6/9/2016 12:53:08 AM
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Banksters are working hard to keep gold at or below 1250. We have been in this area for a while and it seems we are not finished here yet. Once 1300 is broken on the upside this time I think we will run. We should see the gold and silver shares have a nice movement towards the upside. But be prepared to see the Banksters defend the naked shorts they have as long as the crimex can still cover the contracts. Once they settle in cash the physical market will take over. I think the Chinese are the ones standing for delivery on the Crimex. But I do not think they will force it until they feel they cannot acquire any additional cheaper gold..

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