Why is gold plummeting tonight???? PANIC!!!! | |
TXGLP2
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Paxdragon
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G3
User ID: 80251587 United States 08/08/2021 08:41 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] This week marks the 50th anniversary of Nixon ending dollar convertibility Google: This year marks the 50th anniversary of the end of the gold standard in the U.S. In August 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no longer convertible into bullion. |
Anonymous Coward User ID: 71080834 United States 08/08/2021 08:41 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] paper market shenanigans. They can force the paper price to near zero, but if you don't hold it, you don't own it. Heads up for potential economic or kinetic false flag this week, somethings fucky. |
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Anonymous Coward User ID: 80719569 08/08/2021 08:43 PM Report Abusive Post Report Copyright Violation | Gold Flash Crashes By Almost $100 As $4 Billion In Sell Orders Hit [link to www.zerohedge.com (secure)] In the liquidity void that follows the resumption of futures trading, and which saw US futures trade modestly lower, a sudden burst of selling in the gold futures contract sent Gold pries plunging to as low as $1,677.0 or almost $100 lower from the Friday close of $1,761.50. |
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JF Priest
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REaliZe
User ID: 68033157 United States 08/08/2021 08:46 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] This week marks the 50th anniversary of Nixon ending dollar convertibility Google: This year marks the 50th anniversary of the end of the gold standard in the U.S. In August 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no longer convertible into bullion. There's. A. H0le. In. The. Sky. |
Broose
Beach User ID: 72427604 United States 08/08/2021 08:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80358907 United States 08/08/2021 08:55 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] Relax. This is the only tool the Federal Reserve has in their tool box that they always brag about. They manipulate gold in the face of massive inflation because they have no tools to fight inflation. They are completely impotent to fight inflation. The most they can do is manipulate inflation indicator (gold) paper price down. They did the exact same thing during gold all time high back in 2012. They try to drag things out as long as possible praying to satan that things will somehow fix themselves |
Oxidizer
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Keilani
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Keilani
(OP) User ID: 80358879 United States 08/08/2021 09:07 PM Report Abusive Post Report Copyright Violation | |
Keilani
(OP) User ID: 80358879 United States 08/08/2021 09:07 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] Relax. This is the only tool the Federal Reserve has in their tool box that they always brag about. They manipulate gold in the face of massive inflation because they have no tools to fight inflation. They are completely impotent to fight inflation. The most they can do is manipulate inflation indicator (gold) paper price down. They did the exact same thing during gold all time high back in 2012. They try to drag things out as long as possible praying to satan that things will somehow fix themselves Are you saying this is a head fake and will see a pop? |
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Keilani
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Keilani
(OP) User ID: 80358879 United States 08/08/2021 09:11 PM Report Abusive Post Report Copyright Violation | Gold Flash Crashes By Almost $100 As $4 Billion In Sell Orders Hit Quoting: Anonymous Coward 80719569 [link to www.zerohedge.com (secure)] In the liquidity void that follows the resumption of futures trading, and which saw US futures trade modestly lower, a sudden burst of selling in the gold futures contract sent Gold pries plunging to as low as $1,677.0 or almost $100 lower from the Friday close of $1,761.50. Are they trying to lower the price of gold before a currency reset, so that way they can peg to gold at a cheaper price??? |
Keilani
(OP) User ID: 80358879 United States 08/08/2021 09:13 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] paper market shenanigans. They can force the paper price to near zero, but if you don't hold it, you don't own it. Heads up for potential economic or kinetic false flag this week, somethings fucky. War? |
Anonymous Coward User ID: 78452921 United States 08/08/2021 09:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80696733 United Kingdom 08/08/2021 09:14 PM Report Abusive Post Report Copyright Violation | Seriously guys, what's up? This makes no sense. Quoting: Keilani Almost down 50 bucks already on a Sunday night. [link to www.kitco.com (secure)] paper market shenanigans. They can force the paper price to near zero, but if you don't hold it, you don't own it. Heads up for potential economic or kinetic false flag this week, somethings fucky. War? something incoming this week. |