Thread: Economics Calling all gold bugs...
View Single Post
Old 04-15-2013, 09:34 PM   #12
teedubya teedubya is offline
Waiting Until Next Year!
 
teedubya's Avatar
 

Join Date: Oct 2003
Casino cash: $13595
Someone dumped 500 tons of paper gold on Thursday... that's around 16 million ounces... of paper. So, this paper floods the market... drops the price... and more physical gets picked up at lower prices.

I just bought some more silver... and will buy it all the way down... and then buy more.

The COMEX trades at 1/100. So every 1 ounce of physical... there are 100 ounces of paper... so, the real price of physical will reveal itself eventually... after the precious metal manipulators get busted.

Who knows how long that could be though.
Posts: 8,455
teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.teedubya is obviously part of the inner Circle.
  Reply With Quote