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frankkarl
Member since May 2012
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Is Fear of Deflation Sapping Gold and Silver?

- Rick Ackerman -

I finally get it. When stocks rise on good economic news precious metals go down. When stocks retreat because of bad economic news metals go down. If the EU is to be saved metals go down. If the EU is to crash metals go down. Desperate people doing desperate things with pretend money and empty positions on metals.

Commented 4361 days ago

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Beginning of the headline : There’s no point in pretending it’s those sleazy, child-molesting bullion bankers at Morgan Stanley, Goldman Sachs and J.P.Morgan who have been pounding on mining stocks and bullion futures in the last few months.Lately, it has felt like the whole world has been dumping them.For the record, we are ourselves cautious buyers of bullion futures and select mining stocks at these levels, since many popular trading and investment vehicles that we track are closing on important Hidden Pivot correction targets... Read More

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