Surprise Surprise "someone" dumps 2 billion gold paper contracts just as Europe open
Bah
Seriously , were do I start .......
Lets put it like this , Fact, China and Russia imported Record amounts of gold just last month,
while London and New York manipulations are getting tired some and pathetic it certainly doesn't make me Flinch anymore .
Amazing how the world Largest (China) gold producer and the world second largest (Russia)gold producer , keep vacuuming every once out the western vaults , one was to wonder how much longer ?.
Though the free market has find alternative (cryptocurrency ) to this current parasitic fraudulent system thats on its last legs, it also worth noting that ETH crash last week was 100% staged event , like always ,the best criminal activity is left for the USA trading hours , and not surprising, the crashed happen on USA exchanges with the dollar pairing , who would have thought .
And it seems ,that ETH is not all what it made out to be , and already looking like the decentralise dream is fading with ETH,
also looks like Bancor is a snake with a lot backdoors built in to it (no surprise ,had my doubts when I heard its coming out of Israel ).
But there are still plenty of other cryptocurrencies that Im happy to back for now as long as they keep to the original play book of complete decentralise system out of the hands of governments and banks .
Anyway I suppose we will keep up with this game of musical chairs until the Gold stop flowing out of Swiss refiners to the East but that day will come and when it does there will only be so many chairs , that I can assure you.