market already clearly warning today that Fed will crash golds and silvers
The constituent owners of the Fed are led by notorious gold/silver shorts, goldman sachs and JP Morgan, so anybody who imagines that the Fed news this week will be "good" for gold or silver is simply delusional.
The only variable is whether the inevitable bad news causes an immediate crash in the dying golds or silvers or whether the banks and funds delay the crash into June option expiration date.
even if there is any kind of bounce, all bounces in these sick golds and silvers have always been deadcat bounces for the past two entire years now.....so do not be fooled again by any and all bounces contrived by the funds to hoodwink small specs into buying the forever worthless gold and silver call options.
he actually has a point. I really don't think any news will be good for gold this week especially with the way its been behaving recently. Bears have the technical advantage right now, it's probably wise to short gold/stocks.