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Strategies & Market Trends : US Inflation and What To Do About It

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ggersh
RetiredNow
To: Rarebird who wrote (944)3/21/2019 10:28:52 AM
From: Real Man2 Recommendations  Read Replies (1) of 1504
 
Super easy, JPM and other banks have 10000000000000000000000000 dollar derivative bets riding along this market but against gold. They alone made this bull market and a bear market in gold. These bets can’t go wrong because if they do JPM will just pyramid their derivative position using taxpayer money from the Fed as they always do.
Seems to me jdst bets here are better than gdxj. With deleveraging halted, banks will support existing gold shorts.

It’s not that fundamentals aren’t there for gold to rise, cartels huge short position won’t allow it
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