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Discussion Topic: "rounding errors"...
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siliwisid |
06-25-2018 @ 4:10 PM
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Joined: Aug 2011
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Well, all I can say today, is the great Mr. Jim Sinclair recently stated that gold will go from present levels to $50K over the span of a weekend in the very near future. In other words, gold at a pathetic $1268, or $1650 (also one of his calls), is a ROUNDING error, when compared to 50K. This NEVER should be forgotten!
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bmurphy |
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06-25-2018 @ 4:58 PM
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Joined: Jul 2007
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One of my good friends, Calvin Coppedge, back in the
1970's / 1980 was Jim Sinclair's commodity broker at
Conti Commodities. Never forget it. Jim was the man
back then, in ALL markets.
Hard to imagine that happening without some kind of
signs first so the bullion banks can cover their butts.
BUT, fingers crossed.
B
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siliwisid |
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06-25-2018 @ 5:33 PM
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Yes, and I can't help but wonder, since the BB's have such privilege as it is, over the "rest of us peons" in the investing world, if they couldn't flip all of their shorts to longs over a long weekend, with the "regular" markets closed, without driving up the actual price until that particular subsequent Sunday night/Monday morning. One can but speculate, but yes, I totally agree with your point Re: BB's covering their butts prior to the "event".
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siliwisid |
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06-25-2018 @ 5:36 PM
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Joined: Aug 2011
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Hell, case in point... the big banks already have SDR's (special drawing rights), which us mere mortals cannot invest in, so why not special contracts for G & S??
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