25 min listen
Precious Metals Markets - Distract, Deflect and Deceive - Andy Schectman #5200
Precious Metals Markets - Distract, Deflect and Deceive - Andy Schectman #5200
ratings:
Length:
19 minutes
Released:
Jul 13, 2021
Format:
Podcast episode
Description
Nothing has changed. If you’ve followed precious metals for years as had Andy, there’s nothing new hear. Wealthy investors, sovereign wealth funds and others has been taking metal off the Comex at record rates. Don’t expect the markets to move in logical fashion. The markets are being manipulated to distract, deflect and deceive. Deliveries are accelerating at a rapid rate. Right now you’re being subsidized to buy metals. Hang on, turn off your computer if you must and sit back. Pricing is the key means of deception to keep attention off the real story. Basel III is going to have a profound effect. The UK has gotten a temporary reprieve concerning futures and physical settlement. The final chapter has not yet been written. We may see a time where London no longer sets the gold price. Eventually price will take of itself. Ultimately, it will go much higher.
Released:
Jul 13, 2021
Format:
Podcast episode
Titles in the series (100)
Gold Price $1850 and Up - David Erfle #5152: $1850 is the new line in the sand. Bullish declining wedges are very frustrating. Once it breaks out, then it will start moving. Short term metals are overbought. Mining Stocks are a screaming bargain. They’re drilling and derisking. It’s given... by Financial Survival Network