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Gold Price $1071 Cap - Video

Commodities / Gold and Silver 2015 Dec 29, 2015 - 06:03 PM GMT

By: Gary_Savage

Commodities

Gold is being capped at the 1071 level. This may or may not lead to one final attack to drive it to 1030 before the paper shorts get out of the way and let another bear market rally begin"

Transcript Excerpt:
today's commentary I'm going going to go over what's happening in the gold market
in the morning discuss the manipulation the gold market extensively in the last two videos I'm
just gonna chill down a little bit into what's happening right now we've got a
break this supports the intermediate low in July and it's become pretty clear


that there are few big players that are trying to keep gold pin below that
supports known as long as they do there's not going to be a lot of
pressure on gold and it will be easier to keep price capped and I suspect
they're gonna try one more time to go down to that....

Gary Savage

The Smart Money Tracker

Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.

© 2015 Copyright Gary Savage - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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