Thursday, August 25, 2016

Central Banks are losing their interest in GOLD

*****GOLD is GOING AWAY*****

GOLD is losing its monetary and investment appeal: 

Central Banks don't even want the metal:




MAJOR LOSS OF CONFIDENCE in PRECIOUS METALS:

Dealers  and distributors are hedging large inventories with MAJOR SHORT POSITIONS

PRICES SHOULD CONTINUE TO DROP SHARPLY

More proof that PRECIOUS METALS are falling out of investor interest.  Even sales are down across the entire world and a supply glut is forming sending prices lower:

http://www.investing.com/news/economy-news/the-biggest-buyers-of-gold-aren-039;t-buying-like-they-used-to-422094

http://www.investing.com/analysis/gold-(august-22)-200149224 

http://www.investing.com/analysis/gold-daily-forecast---22-august-2016-200149218 

http://seekingalpha.com/article/4002011-sal-oppenheims-gold-ban-beware-investment-firms-limiting-options?auth_param=1dh3q1:1brtl5s:4612616b72c6df91619c5e8429a89229&dr=1#alt2 


Here's a YOU TUBE expert on GOLD.  He knows how the FUTURES work for sure.  I wonder how he feels about PAPER CRUDE OIL, PAPER CATTLE, and PAPER DOLLAR FUTURES.  Did I mention PAPER DOLLAR FUTURES?  They are shorting the dollar even with paper--imagine that! LOL



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