Gold and Silver SMASHED - Gold $1,220 // Silver at $16.12/// Look for Bad Economic News tomorrow or the next day

in #silver7 years ago

Its like reading a book and you know the ending before you begin at the first page. Every time metals get smashed a "report" comes out in mainstream media that Gold and Silver are NOT good buys and are going down. The next day the metals are smashed down due to paper selling from Comex and the like. The day after there is usually some terrible economic news and jobs numbers which are terrible. Gold and silver once again make the trend higher. The reason why paper Gold and Silver are smashed is due to the perception of a "strong" dollar. We need this manipulation to END. END the FED, END the COMEX. Period.
gold-platinum-and-palladium-bullion-in-1oz-and-1g-bars-ingots-plated-C981KK.jpg (Image off of google imaging)

Hold your metals tight and keep buying. Excellent Buying Opp right now. Cheers.

Sort:  

I love that crypto is going up while Bullion is going lower. It's going to be quite the flip when I use all the profits on Crypto to double up on bullion for its ride up.

I agree about FED and i wonder why us continue to support them, while all the world know about feds games.

I know. I believe this is why China, India, and Russia continue to accumulate Gold hand over fist. They know time is coming to a conclusion with the dollar. Sad.

Mot only this they weaken USD gold coverage.

Excellent opportunity to buy gold and silver with your USD. Also buy some Bitcoin and Litecoin and you'll be happy at the end of this year :)

I absolutely agree. Keep stacking.

The smash was easy for them to do today. This being a Monday before the 4th of July nobody was around to do any buying. This whole week looks like it could be very easy for them to get the price on the metal even lower. I would estimate a great number of people on vacation this week so this is easy time to do their dirty deeds. Our time will come.

Couldn't agree more! I bought more last night on-line with bitcoin -- lookslikeishould'a waited 12hrs... whatevs

Pulled the trigger on a couple 50th anniversary silver Kruggerands and some other stuff :)
Will post when they arrive.

Keep stacking friends!

I'm not really into Gold and Silver but just as a matter of interest how long has this speculation that the 'manipulation will end one day' been going on for?

Well as a trader... i think Gold is in its bullish pattern.. and fall till 1121 will be buy!!!!! We have Daily Double Top... and i don't take it bearish for long term.. To me its a bullish setup and for short term it can slip below 1200 as well... but more fall.. expect more buying.. for target towards 1550$.... dont miss if it goes towards 1180$ and 1160$ above old lows of 1041$.. consolidation is normal!

Shit my mates will be angry 🤦‍♂️
Good info Crowe cheers bro

The end is very close, do not worry, this fake price will change soon....and very soon.

Good read my friend, they won't be able to keep it up forever, f££king sods , cheers mike

Thanks for the post. I fully agree. Cheers.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.028
BTC 76556.14
ETH 2925.60
USDT 1.00
SBD 2.61