(VIDEO). Gold And Silver Derivatives Get Crushed, Plus Tech Updates, More! By Gregory Mannarino
In the video below I cover the sad reality with regard to today's price action of both gold and silver derivatives, and how we will certainly see more of this kind of action moving forward.
I also talk more about the tech sector, and more.
Gregory Mannarino
Maybe want to make US dollar look good on 4th July
You'd think someone would put them in prison and the regulators. Cheers mate
Greg, Loving the Dress Down! Destruction is a Nice way to put it!!!:)
Couldn't help but noticed the slammed on gold and silver prices. No fireworks for G/S today.
For some reason gold likes to trade channels, trendlines and triangles, which gold has been in for the last 20 months, in a huge symmetrical triangle. Price broke trendline support today which starting in mid January of this year. Until price breaks out of the triangle, gold will chop up bulls and bears. https://www.tradingview.com/x/NJfzKM63/
Tons of "computer errors" aaaaall over the charts today but I'm going to write that off to the "big boys" just staying at the Hamptons on Long Island whilst the underlings went to the office and make sure nobody pressed the wrong buttons. Jamie Dimon and Llloyd Blankfein kind of had parental controls set up going into today is what I'm thinking. :-) Them wuz only firecrackers going off today...and roman candles. Wed should be fun. :O
computer errors, gold still sold of on good volume. Someone was manning the algos.
We will have these PM movement until a huge delivery failure happen.
The 3 year old Kyle Bass story tells that Clearly!
Nice one. I remember this from then.......
Ironic actually. The manipulator all of the gold bugs were talking about turned out to be a buyer. And his order to buy drove price lower? Time for a proverbial "I toldja so" from me. >>> "physical just plain sux!" :-)
Silver will be $100 by end of the year!
Gregory, I refuse to be wrong. I never give up on my calls.
I make money on unstable markets.
The market made me 500% return in a week on one stock.
If I get enough upvotes to = 10 STEEM I will reveal it.
I will be jonsing til Friday. Happy 4th of July!
I start laughing when you mention regulators. They are a joke. Anyway this is totally fake, so I agree this will balanced at one point.
what they're doing to silver is crazy
Yep, a Maalox and Pepto-Bismo day. Thanks Greg.