/biz/ - Business & Finance

>>27774444
financially CHECKED

>>27766777
checked

This applies to paper gold and silver

if a trader had shorted gold on the AM Fix and covered the short on the PM Fix and then bought gold on the same PM Fix and sold it the following morning on the AM Fix and repeated this every day over the last 9 years the trader would have made ,900/oz; a buy and hold strategy by comparison would have gained only 0/oz. (0/oz gold price in 2001 to 00/oz in 2010).

The change in price between the AM Fix and the PM Fix are cumulatively making a trend which is increasingly losing money in a very strong bull market! Clearly the fixes are not being set to “clear the market” but are being manipulated to suppress the gold price.

This is in fact a very sophisticated market manipulation that is conducted to minimize the chances of being noticed by a casual observer. gold is not systematically sold down the day following an overnight rise. It is programmed and executed over several days which is why it is only clearly revealed by looking at the cumulative changes over time.

Someone is consistently selling down the PM Fix and the amount of the cumulative sell down is almost perfectly linearly proportional to the cumulative amount by which gold trades up overnight. That can not happen by chance.

>>8521844