Below is a snapshot of the paper derivatives of Silver (SLV) and Gold (GLD) taken directly from my website TradersChoice.net.
Today thousands of paper contracts were once again dumped onto the market resulting in a huge "gap down" (white circle) with a subsequent sell off follow-through.
Tell me.. who do you think is dumping thousands of these paper contracts onto the market like this?
Want to see this action for yourself on a LIVE chart? Click here: https://www.traderschoice.net/
When silver breaks to the upside, it will be epic.
Steem on and stack on!
Have you seen the cryptocurrency market today. There surely is a correlation... thanks for posting.
no correlation between gold and crypto, different players, different motivations, different agendas
ok, thank you. still learning.
The Federal Reserve and the big banks engage in metals price suppression. There are 100 paper shares in SLV and GLD for every physical ounce they have in inventory. They dump large numbers of contracts on the market all at the same time to push the price down. They do this to defend the value of the dollar. If they didn't do it the purchasing power of the dollar would collapse.
they do it to delay the dollar collapse
Red candle on daily chart is so far bigger than any other in months. They crush gold and silver today.
Wow wonderful trading
I like your post........///////
Useful post my friend
J P Morgan ? Cheers
Beautiful post my friend
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Nice post
Great post my friend
Very nice info as usual my friend, your posts are always helpful.
Wonderful post my friend well done
excellent information, i see the live charts and really it's all red, i think someone is dumping them badly, thanks for sharing this information and charts with us.
It's very useful video my brother
Thank You, Gregory. I'm watching, Guess I'll head up to Local Coin Shop. See you that afternoon.
very thoughtful and informative video, thanks for the useful information.
Keep up the great work Greg!
As you say - "They're going to keep doing this - Till they can't" =/
Looks like a black hole just opened up or maybe it's the approach of the Death Star :)
I Really enjoying your every post.
Who in government made this BS legal in the first place?
I want to either sue them or beat them with a bat.
F*ck it, why not do it with every commodity then? Grrr
i like your work & your post always gives information
Very very interesting blog
Your every post very excellent......../////
The banks cant continue with this scam forever, it is all a confidence game.
If just half would redeem their paper gold and silver for physical the whole scheme would fall apart.
I say good luck trying to manipulate the Bitcoin price, because we are watching the total coins in circulation at all times. They need a whole lot of uninformed investors to pull that off.
good job but i don't have a knowledge about market
I would like to say "thanks for the slam down so I can buy more..." but that is getting old. I did take the last few dips as a "soft" reminder to take a step into the Crypto world. Don't get me wrong I will never sell my PM out of desperation, but I just do not see this ending anytime soon... am I the only one?
Thanks again for the content Sir. Getting into position so I can rip OFF some faces!
Who ever sold this off needs to take us all out for ice cream
Oh its not good to see Gold & Silver market today. Thanks for updates
good post my dear friends
have a nice day
Manipulation like that should not be available to a select group of people. It is criminal!
Wow!! wonderful trading
well done
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Have you seen the cryptocurrency market today. There surely is a correlation.. thanks for sharing..
Hey Greg, how come you stopped posting your positions on your website?... Would love to see you start posting those back again. I think you would definitely see more traffic going through your site as a result.
I am now trading in very short intervals, one to 3 three days mostly, it would be nearly impossible for anyone to follow my trades like this so I no longer post them.
very very helpfull
tnx for this nice post and always like u
they are trying to influence market direction, but gold is bullish anyway
It's an absolute joke Greg! Manipulation to the core. I think gold and silver are going to be hammered until December. The markets are pricing in a fed hike. If the fed doesn't raise rates you can bet that gold and silver will reverse with a bang!
Been watching you for years now Greg. Thanks for all the great education on the bond market etc. Cheers.
informative post thanks
Beautiful Post well done
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