As derivative trading fades away, physical trading and pricing will take over. And the price discovered in a truly physical market will most assuredly NOT be $1200 or $17 per ounce.
The level of propaganda now flowing from the Establishment and the Establishment-controlled mainstream media is on par with that of the old Soviet Politburo or German Third Reich.
If these two-faced mouthpieces were even neutral toward the gold market, we could not possibly be seeing such bearishly one-sided and inaccurate propaganda about events in India.
Our individual sovereignty is tied directly to our ability to move freely about. When every step we make is tracked by the bank/government, our sovereignty is gone forever.
With total Comex open interest now back to the levels of last December, could price finally be near a bottom? As usual, we must look at the USDJPY for clues.
In truth, the U.S. Government is the biggest purveyor of fake news in an effort to control the flow of information made available to the masses and to coerce their perception of reality.
The MSM has doubled down in its efforts to dismiss and discredit the very sources that largely resulted in Donald Trump getting elected - the Alternative Media.
Although we cannot predict how far the elimination of cash will spread, the further you are from the epicentre of the problem, the greater your chances of coming out with your skin on.
Gold and silver answer to no one, while at the same time answering to everyone. This is the biggest problem governments have with citizens possessing physical gold and silver.
What people are missing is a strategic play that Trump has initiated and enacted. Trump has extended Hillary-supporting liberals an offer of peace that he himself never actually possessed.
Typically, a bottom occurs when both commercials and speculators are flat, and the latest report is still a long way from that. But if things stay this way, this indicator, at least, will be screaming “buy gold”.
