Gold prices

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Discoveries »  +  ?  Results 1 to 4 of 4 3Likes TopAllThis Page 3Post By johnnysau Thread: Gold prices«Prev Thread | Next Thread»LinkBack LinkBack URL About LinkBacksThread ToolsShow Printable VersionEmail this Page…Subscribe to this Thread… Ignore this ThreadSearch Thread Advanced SearchDisplayLinear Mode Switch to Hybrid Mode Switch to Threaded ModeFeb 20, 2013, 07:29 PM#13029heavy Dec 201240 8 times Gold prices

Does anybody know why gold tanked so hard today??

Reply With Quote Feb 20, 2013 07:29 PM # ADSAds

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Feb 20, 2013, 08:08 PM#2enamel7 Apr 2005North CarolinaWhite's Prizm IV2,488 84 times All Types Of Treasure Hunting

It's the correction before the storm. Wait a few more weeks.

R.I.P Rich You will be missed.

2012 COIN ROLL HUNTING TOTALS!

Wheats..3/8
Buffalos..0/1
war nickels...0/3
Silv Dimes...0/0
Silv Quarters-0/0
Barbers-0/0
Walkers-0/0
Bens-0/0
Kenn. 90%-0/0
Kenn. 40%-0/0
Proof-0/2
Silv. Proof 0/0
Commemorative-0/0

Reply With Quote Feb 20, 2013, 09:03 PM#3johnnysau Apr 2012Reno NV39 9 times All Types Of Treasure Hunting

There is all kinds of manipulation going on, fits in with all the other weird stuff going on. My take, hedge fund betting 1 quarter of a billion dollars on gold, silver, and mining shares to go up so they gonna sock it too'em and drive it down.

SAC Capital Partners LP, a $20 billion dollar group of hedge funds founded by Stephen A. Cohen, quietly positioned itself in over $240 million dollars worth of gold, silver, and mining share investments during Q4 2012.

Of great interest is the structure of those positions. They are indicating, that the firm is expecting a massive spike in both gold and silver, as well as a staggering move higher in the mining shares.

Fullpan, midwestmark and wvwildman like this. Reply With Quote Feb 20, 2013, 09:43 PM#43029heavy Dec 201240 8 times

That's reassuring and probably the best analysis I've heard! Thx

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