EFPs (Exchange Futures for Physical) are an escape route to allow the Comex to SET the prices for gold and silver using naked or non-backed futures and not declare default!
According to CME reporting some 10,464 silver Comex contracts (...
Gijsbert Groenewegen
Articles by Gijsbert Groenewegen
QE is over in the Eurozone! Risk is being reflected in the interest rates, finally! And it looks like the monetary authorities are pretending economic strength, for political reasons, possibly justifying an interest rate hike.
The...
The...
The markets are only “allowed” to go up! The more you control the less you are in control!
Why do I say that because in Japan in the end of the eighties there was only one way and that was up till the bubble broke in 1989 and we all...
Why do I say that because in Japan in the end of the eighties there was only one way and that was up till the bubble broke in 1989 and we all...
These charts will tell you most likely what will happen. Yields to 1.5%, US dollar index down to 74, Yen stronger, copper down below $3/lb, Shanghai index down and gold up!A picture is worth a thousand words!!Chart: 10 year Treasury...
Have a good look at the following two charts. I believe gold is about to bounce back sharply (following its massive manipulation), because the physical ultimately wins it always from the paper (futures). And the S&P500 is...
