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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (155670)4/1/2020 12:31:44 AM
From: sense  Read Replies (2) of 218882
 
One of the videos I posted links to recently... was a guy outlining the gold and silver price suppression story.

Among the charts he showed was one representing the % "short" of commodities... showing gold and silver at the extreme end... there is "paper" silver traded at such a volume that global production trades almost daily, or every few days. All of that "paper" is being "short"... it is not backed by physical, but by a promise... and that is a volume that is something like 130 times more "paper" silver than real silver.

Can't be denied, these days... that "paper" is not actual metal... or a valid market proxy for it. That being true... and no matter the reason it is true... still doesn't alter the market reality ? For the reasons there are... the market fraud being practiced in silver is not being unwound.

At the opposite extreme on those charts... was oil. Oil historically sustained at most 4 or 5 days of short positions... about what you'd expect in a liquid market focused on actual delivery of physical products intended to be used ?

But, that also means oil is the LEAST MANIPULATED market... that clearly validated by recent events, in which truly massive moves have occurred ?

I'll continue to root for the failure of the market suppression in gold and silver...

But, I'm not going to lock my money up in a price controlled commodity... hoping for the price controls to fail ?

The reason to own physical... is as insurance against markets and currencies failing... which is just prudent.

But, for investment purposes... ? I'm still not discounting the potential in Bill Murphy's tilting at windmills... and will keep a close eye on it as I always have...

But, not going to leave dead money twisting in the wind... when there's real money to be made RIGHT NOW in the oil trade ?
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