Is the US selling off large amounts of Gold futures to take out large short positions on crude oil futures? Is that why the buy sell spread is inverted?
I think we're about to feel something big and wrong happen.
https://i.redd.it/wckt1ca2xuqg1.png
Posted by Kappa_Bera_0000
8 Comments
meatflaps-69 on
Got it in one.
And when they run out of things to sell off, shit really gets fun
bolhuntr on
that would actually make sense… can we even track the US gold reserves?
SlartibartfastMcGee on
Why would the US sell off one commodity to short another when they own both commodities?
The US has petroleum reserves, wouldn’t they just use those to short oil rather than add steps by doing the same with gold and then using the proceeds to naked short oil?
GlooBoots on
With what money??
xblackout_ on
No fool, old money manipulates the gold price to buy from China- China is selling because they import food
eufemiapiccio77 on
Margin calls
Curious-Visual4525 on
They for sure manipulate gold/silver to keep them down to hide inflation and the real damage this war is doing.
The comex usually changes rules to please the US gov etc to tamp prices in whatever direction they want to.
8 Comments
Got it in one.
And when they run out of things to sell off, shit really gets fun
that would actually make sense… can we even track the US gold reserves?
Why would the US sell off one commodity to short another when they own both commodities?
The US has petroleum reserves, wouldn’t they just use those to short oil rather than add steps by doing the same with gold and then using the proceeds to naked short oil?
With what money??
No fool, old money manipulates the gold price to buy from China- China is selling because they import food
Margin calls
They for sure manipulate gold/silver to keep them down to hide inflation and the real damage this war is doing.
The comex usually changes rules to please the US gov etc to tamp prices in whatever direction they want to.
Yes and Yes