Thread: Does anyone know?

Does anyone know how much the government has bought into the market? To what extent they are shaping the market? Where I could get info on their market share? I have a broad idea of what companies they are buying into but no statistics.

Originally Posted by anonnymous

Does anyone know how much the government has bought into the market? To what extent they are shaping the market? Where I could get info on their market share? I have a broad idea of what companies they are buying into but no statistics.

That information is secret, but I will tell you this, the money that was pumped into the market by the PPT is gone, and we are talking around 350 billion a day in one week alone.

Hey do you have gold contacts?

Originally Posted by michaelr

That information is secret, but I will tell you this, the money that was pumped into the market by the PPT is gone, and we are talking around 350 billion a day in one week alone.

Hey do you have gold contacts?

No, what kind are you looking for? Coins or bullion?

Originally Posted by anonnymous

No, what kind are you looking for? Coins or bullion?

I know where to get them but I would advise if you had contracts, take delivery. I understand COMEX has sold more contracts than they have gold for. December will be an interesting month.

The profit taking and margin calls of closing contracts early will be worse than expected so a big uptick and then a dip prior to more upward pressure seems most likely to me. I prefer the other precious metals for exactly this reason: less government intervention.

Obama will fix everything.... don't worry.