Ukraine Heats Up

[Samm]

Originally Posted by 4-2-7

Look at gold, silver and oil today.

I have to laugh almost every morning at the 8:30 plunge (short sell) of gold. You could almost set your clock by it.
"Oh noooo, we wouldn't manipulate the gold price"
With China driving down the derivatives late last month I full expect when options contracts come in at the end of the month China is going to not roll them over but cash in. I have to wonder if they will cause a default since the Comex inventory is way over extended in the paper market.


Whoever thought it was a good idea to allow bullion banks to buy and sell things they other people own by putting up 1% was a good idea should be hung.