Loading ...It has been posted that Goldman Sachs recently announced a “buy to cover” to take profits on their long term “short gold” profits, on the recent Gold Lows around $1,240.
My view, NOTHING IS A COINCIDENCE. They must have made that same “buy to cover” play on the prior lows of…
12/12/15 @ $1,060, plus 6% =
12/12/16 @ $1,130, Plus 10% =
12/12 17 @ $1,240 Above $1,060 = 17% above dead low.
Do any of you remember the 17% average APY gold for 12 years in a row?
Gold Chart Long Term: