The banksters can't hold gold down without triggering physical demand they can't fill. In the meantime they maintain downward pressure on the next best thing, the miners.
You can rest assured that they are accumulating with both hands.
China's National Holiday ended Tuesday October 7th. From Wednesday through Friday of that week, the Shanghai Gold Exchange delivered an astounding 68.4 tonnes or 22.8 tonnes per day. The world outside of China and Russia produces 6.02 tonnes per day.
India imported about 100 tonnes in September or 3.3 tonnes for every day of the month.
Russia, despite multi year lows for the rouble and 10 year bonds at 4% purchased 37 tonnes of gold in September.
Today the GLD was pilfered for 9 tonnes.
In the last month the Comex has lost 26 tonnes.
Why opposed to using your own name?
We would, of course, have to establish a protical that all can agree to.
Are you game?
Why do you have a fixation on multiple aliases? Do you use them, if so why? Personally I think that using more than one alias is juvenile.
When I first started posting, I used my own name in the clear but was advised to change as there were lots of nut bars around. Since that time, I've only used pioneerrubi but would be quite happy to go back to my own name. What do you say?
I would actually welcome a drop to below a dollar again. Although I have completed my position, I would probably buy another 100,000 shares for trading.
This setup reminds me of the below marginal cost pricing of crude oil early in the financial crisis which made me a bundle on Suncor stock.
First Majestic Silver has produced 5% more silver in Q3/14, but has suspended sales of about 1,000,000 oz or 35% of its production.
This is the first primary producer to withhold supply of silver from the market.
Paint and wallpaper perhaps to complete the "mill".
Remember, outside work effected by cold temperatures into beginning of June.