More Comex Games

The outrage of fake gold and digitial derivative pricing.

34
Tue, Mar 12, 2019 - 11:16am

After successfully capping silver through the issuance of 35,000 Comex Digital Silver contracts in February, The Banks are now attempting the same trick in Comex gold. Will they be successful in keeping price below $1300?

"Probably not" is the answer. Even though The Banks have now issued 50,000 new contracts and increased the total float of contracts by 11% in just the past FIVE DAYS, the total open interest of 519,000 is still well below the alltime highs seen back in 2016. So, The Banks are just playing games at this point.

Last month, when the total OI of Comex...

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