Replies to post #36342 on The New CS Board

[jumanji0881]

BIG BANKS CREATED A WHACK OF FUTURE CONTRACTS AGAINST GOLD YESTERDAY.... PERFECT SOTRM BREWING?

https://www.reddit.com/r/TheERAOfGold/comments/l86yvf/big_banks_created_a_whack_of_future_contracts/

Excerpt:
Yesterday, Goldman Sachs and JP Morgan created 8900 and 5729 future contracts out of thin air or a 41.7 TON gold (!) position for 2.7 billion.

Unbelievable they would do this in an environment, where we saw GameStop surge the way it did as the WallStreetBet crew recognized the opportunity to squeeze the hedge funds after they publicly announced their short positions.

[cue-master]

jp morgan is the crown jewel in the federal reserves franchise,
this might be a bigger bite than those attacking that short position
can chew. it's like attacking the dollar itself because
that's why our central bank drives down gold and silver's value
down to make its recklessly printed fiat look better.

[jonnytrade]

I Love It!