Tuesday, September 22, 2020

The PM Smash and Why the Dollar Index Does Not Drive the Gold Price



The PM Smash and Why the Dollar Index Does Not Drive the Gold Price
https://youtu.be/pEoQxswZvLA

We discuss the huge paper smash going on in gold and silver in the December contract. Tons of paper is pushing the gold and silver price down. We discuss how this has nothing to do with the value of gold or silver in real terms, but only until we see what deliveries look like in December. If there is a shortage of the metals, as it appears what traders believe who are taking spot delivery in September, then we could see a massive squeeze forming in both metals. We also discuss why the claim that the dollar index strength affecting gold is really a cover for the massive shorting going on in the futures markets. The us dollar index has nothing to do with the value of gold in dollars. It is a measure of the dollar in terms of other fiat currencies only. For more visit https://goldsilverpros.com Twitter: https://twitter.com/goldsilver_pros #dollar #gold #silver

Favorable ADA Cardano Staking Pool´s