RMN is Reader Supported
Our Goal for APR 6 - MAY 5:
$1,420
Click Widget or Click Here to contribute.
Checks & Money Orders:
Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44005
Users Online: 92
Who Founded
RMNews?
Dewitt Jones' Video
"Celebrate What's Right With The World"
"When the Starships Fly!"
Listen at YouTube
The
Theme for The Obergon Chronicles
Listen at YouTube
The Obergon Chronicles ebook
RUMOR MILL NEWS RADIO
CGI ROOM Common Ground Independent Media
WHAT ARE THE FACTIONS?
THE AMAZING RAYELAN ALLAN
BIORHYTHMS
LOTTO PICKS
OTHER WAYS TO DONATE
RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS
RADIO ______________
NOVEMBER 2008
Kevin Courtois - Kcbjedi
______________
Dr Robin Falkov
______________
Melinda Pillsbury Hr1
Melinda Pillsbury Hr2
______________
Daneen Peterson
______________
Daneen Peterson
______________
Disclosure Hr1
Disclosure Hr2
______________
Scribe
______________
in_PHI_nitti
______________
Jasmine Hr1
Jasmine Hr2
______________
Tom Chittum Hr1
Tom Chittum Hr2
______________
Kevin Courtois
______________
Dr Syberlux
______________
Gary Larrabee Hr1
Gary Larrabee Hr2
______________
Kevin Courtois
______________
Pravdaseeker Hr1
Pravdaseeker Hr2
______________
DECEMBER 2008
Tom Chittum
______________
Crystal River
______________
Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________
Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________
Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3
JANUARY 2009
______________
Patriotlad
______________
Patriotlad
______________
Crystal River
______________
Patriotlad
______________
Dr. Robin Falcov
______________
Patriotlad
FEBRUARY 2009
|
Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies,
Spirituality, Home Schooling, Home Mortgages and more, in:
Rumor Mill News Reading Room, Current Archive
Yesterday, China Lit A Candle In The PM Room...Today They Are Searching For The Light Switch..COMEX Has Big Problems...
Posted By: Watchman Date: Thursday, 21-Apr-2016 09:44:26
www.rumormill.news/45204
Posted April 19th, 2016 at 11:07 AM (CST) by Bill Holter & filed under Bill Holter.
Dear CIGAs,
Many of us have waited for today, April 19, as we anticipated the new Chinese daily gold fix and the opening of the ABX physical exchange. Some may be disappointed, other ecstatic. I will say I am personally pleased because it was almost exactly as I suspected.
Much has happened over the last couple of weeks and a lot of it has to do with “truth” being exposed. The “markets” are no different. China in my opinion is simply trying to aid in markets determining prices of gold and silver.
Last Friday we got horrifying (from a contrarian standpoint) COT numbers with nearly record numbers for commercial shorts. With history as any guide, gold and silver should have already been slaughtered, they have not been. In fact, we now have silver and gold at nearly one year highs and mining equities exploding. Yesterday saw a dozen or more juniors up 25%++ for the day!
As I have maintained, I believe today’s action will become more frequent with the Shanghai physical demand pushing prices higher. I believe they lit the first candle of truth today, other candles will follow until the light switch gets flipped on. COMEX/LBMA will either go along in price or they will be arbitraged completely out of inventory. As I wrote several weeks back, “what good is a contract that cannot perform”? It is very possible China will let this “stew” for a while and allow the markets time to adjust to real and free pricing …only then do I see China coming out with a gold backed yuan. If they were to do that today, it would be a declaration of war on the U.S. hegemon, if they wait, they can have cover and say “hey, it was global free markets that pushed gold out of sight”.
As mentioned above, commercials are very short gold and silver now, they have lost $billions just today. Maybe they continue to throw paper at gold and silver, Shanghai ain’t buyin’ it! No matter what the apologists say, COMEX can and will default when they can no longer deliver metal. They say “cash settlement” is not a default …who are they kidding? This is the rally you never sell …until you are offered a different “paper” (one that is backed by something, anything) that can be trusted. China may be making this offer in the near future!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
|
RMN is an RA production.
Articles In This Thread
- Yesterday, China Lit A Candle In The PM Room...Today They Are Searching For The Light Switch..COMEX Has Big Problems...
Watchman -- Thursday, 21-Apr-2016 09:44:26
- Precious Metals Puke - 'Someone' Dumps $2 Billion Of Gold Into Futures Markets
NaturalWisdom -- Thursday, 21-Apr-2016 13:53:05
|
The only pay your RMN moderators receive comes from ads.
If you're using an ad blocker, please consider putting RMN in your ad blocker's whitelist.
Serving Truth and Freedom
Worldwide since 1996
Politically Incorrect News
Stranger than Fiction
Usually True!
Click Widget or Click Here to contribute.
^
AGENTS WEBPAGES
Provided free to RMN Agents
^
AGENTS WEBPAGES
Provided free to RMN Agents
|