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Re: stlogic post# 6067

Monday, 04/13/2020 10:57:44 AM

Monday, April 13, 2020 10:57:44 AM

Post# of 7331
stlogic: There is a supply discrepancy going on that the gold cartel is trying to blame on the Wuhan Virus. They claim there is enough gold but that it is located in the wrong places and cross continental transport is banned, etc. The reality is that there is 100 times more "paper gold" than there is physical gold. And the way all the major world economies are creating fairy dust money the cartel will not be able to keep precious metal prices subdued for much longer. Some of those holders of gold futures are going to ask for delivery instead of a cash out expirations and the scramble for physical will accelerate. We are going to wake up one of these mornings and look at our monitors and see Gold up $200 an ounce overnight. Then the general public will see the light and begin to jump on the PM bandwagon.
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