AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Quarterly Activities and Cashflow Report , page-18

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  1. 1,823 Posts.
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    Some time ago I read some blog that the U.S. has a slush fund for manipulating the PM market. Don't know how true it is, but I would tend to believe it.

    Assuming it's true, then as long as the U.S. is still able to borrow $$ then their treasury will still be able to fund that slush fund. And if they have sufficient money to manipulate the paper market then the physical market gets depressed. If you can buy gold futures at cheaper prices than physical gold you'd sell the physical gold and buy futures. Well, at least that's what traders do anyway. I wonder if they manipulate all PMs. I would assume so.

    What I found interesting is Deutsche Bank recently announced they're withdrawing and will repatriate 300 tons of gold from the U.S. and 375 tons from France. I wonder what they've got up their sleeves. In the back of my mind ... over the last few years there's been people suggesting going back to gold standard as well as those suggesting international trade should use gold as opposed to the U.S. dollar.

    I would love to see Silver go to $200 like some are predicting and hopefully AYN shares will reward us holders handsomely. But God alone knows when or if that would happen. Meanwhile this seems like a long waiting game.
 
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