July 2015: Gold Is Only Going to Get Worse - Bloomberg - http://www.bloomberg.com/news/artic...ike-bell-bottom-trousers-signals-lower-prices Same story fed to Australian muppets: Gold out of style like bell-bottom trousers signals lower prices - http://www.smh.com.au/business/mini...ers-signals-lower-prices-20150729-gimq9a.html It makes it really easy to invest doesn't it? Just do the opposite of what Lamestream Media is telling you.
someone is paying attention! they started to change their marketing to neutral and slyly positive early this year. then recently they have been running very bullish articles. this all happened, of course, once they had loaded themselves up with precious metals, and now it was time to change the thinking of the sheople. once you figure out how they work it's easy to see what they're up to.
The question is, what brought the gold price up instead of down? Governments bought 2852 tonnes over 2010-2015, while todays price is still just the same as in 2010. So "private" demand is not exactly rocketing lol. What's the future? Governments switching back to their mode of 5 years ago: net selling? And gold ETF's, in the begin of 2013 they dumped half their stock. From 11 Moz to 5 Moz, and now 7 Moz. The futures markets bogus (delivers dollars not ounces) price part now sitting on record highs. One can easily conclude here, that governments, big funds and hedgers cranked up and held the gold price on todays level. All they need to show their six, is speculators - the small saving fish - starting to refuse to pay that bloated price. Then they'll quickly dump all just like those ETF shareholders that swapped 916 tonnes gold to cash in a matter of months. And then those small saving fish are expected to sell at the collapsed price. A historically story, repeated once again.
