JUNE 8th GOLD MANIPULATION... WAS ENORMOUS!

By KCGrainger / June 09, 2017 / www.canadianmineanalysis.com / Article Link

WE SAID IT HERE ON MAY 31 ON THIS SITE " BLATANT MANIPULATION IN THE GOLD MARKET...EXPECT IT TO OCCUR AGAIN." AND IT SURE DID OCCUR AGAIN TODAY.

AND IT IS NOTHING LESS THAN BLATANT MANIPULATION TO CREATE THE IMPRESSION THAT GOLD IS NOT A WORTHWHILE INVESTMENT AND IS SIMPLY BEING SOLD ON A LARGE SCALE. THE SALES ARE DECEPTIONS AND NOTHING LESS. FOR EXAMPLE, TODAY, AT ABOUT 9:30 EST, 30000 CONTRACTS IN GOLD FUTURES WERE SOLD AT THE "MARKET" WHICH IS EQUAL TO APPROXIMATELY $4,000,000,000 ($4 BILLION) IN U.S. DOLLARS.

UNDERSTAND THAT TODAY'S SALES WERE NOT OF TRUE GOLD BULLION BY SELLERS SUCH AS A CENTRAL BANKS OR COMMERCIAL MINE(S). THEY WERE PAPER CONTRACTS. COMPRIS?

THE PURPOSE OF THESE ONGOING MANIPULATIVE SALES IS TO SUPPORT THE ASSERTION THAT GOLD SHOULD NOT BE CONSIDERED AS A VIABLE INVESTMENT. THAT ASSERTION IS TOTAL NONSENSE. THE "POWERS THAT BE" WANT A CONTINUING FLOW OF INVESTMENT FUNDS INTO BONDS AND STOCKS.

ANOTHER NEGATIVE DEVELOPMENT IS THAT FORCING WEAKNESS IN THE PRICE OF GOLD HAS AN EFFECT OF CREATING WEAKNESS IN GOLD EXPLORATION AND THE MINING INDUSTRY.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok