Why Is Gold Being Manipulated? Anyone?...Bueller?.....
posted on
Mar 01, 2015 11:11AM
Here' s Gary Savage's theory...(and I like it a lot)..."...They want to get on board long for the ride up to 5000. That’s a hell of a lot of profits.......It’s always been my theory that the whole purpose of the manipulation was to start the next phase of the gold bull from as low as possible to maximize the percentage gain to the bubble top......
From 1500 to 5000 is just a little over 200%. From 1000 to 5000 is 400%.......
There is big incentive to drive the correction as low as possible before allowing the secular bull to resume. not only will the shortages make the bull go further but the potential gain on the long side is doubled or tripled.