1/ “When GATA got started in 1999 nearly all market participants insisted that the #gold market was not being manipulated... Today most respectable market participants acknowledge that most markets are indeed manipulated by governments”
- 06:10
The problem is it’s liquidity. If the market takes a tumble and traders need to sell down gold to make a margin call.
So the recent news from Investopodia that some people moved money out of gold into stocks may actually be good news for gold... lol
Aug 19, 2020 • 5 tweets • 1 min read
Who wants to load up more ?
(1) We are giving away 5 lifetime memberships to our website for free, which includes member benefit to get discounted bullion with a bullion dealer in Singapore. International subscribers can choose to store with them if not taking delivery
(2) Preference will be given to people who have been active contributors to our Twitter Channel.
Jul 14, 2020 • 4 tweets • 2 min read
futures have pulled back to key support. Will it hold and burst higher? Or fallback and retest supports? Quarterly earnings reporting in a few days time, we will find out shortly
We opened a few new small positions but would be wary about opening more. As @2020Upstream said... the hardest part is to do nothing... and ride a bull, trade a bear. What about you? What do you think?