Replies to post #39416 on GNCC Capital Inc (GNCP)

[Militia Man]

MDM, you did some home work. We are on the same page and the word for the bonus on our test question is: ACCUMULATION for a 1,000% gain. Lol Having data back from qualified personnel will shape things up just fine, as in .999!

[Militia Man]

The timing is perfect for GNCP.. imo

“They forget that the price they are pushing down is actually related to something real -- to real bullion supply and real fundamentals. So they build up these massive naked short, undeliverable positions. They pay no heed to the huge flows of bullion headed East into unleveraged markets.

On the physical side this week, we saw large physical buyers, and they’ve been waiting for the Goldman Sachs ‘Promised Land.’ But they entered the market once they saw the funds were wavering at the 50-day moving average. The physical gold buying that took place in London on Thursday can only be described as ‘stunning.’