Quote Originally Posted by mick silver View Post
the Tighter it gets the more it drop in price . whats wrong with this
One of them is bound to be an illusion! Either the supply squeeze or the spot market price... Several commentators have recently stated that there is much more above ground gold than officially recognized. I am very sceptical about that claim. Then you have the claim that the Chinese is buying several thousand tons of gold, which may be true, but it would be difficult to see any other source than Western Central banks, for those amounts, but surely BIS would realize it is game over for them if they hand over the gold to the Chinese? Or do they even control them? Of course you have the possibility that the Chinese aren't buying as much as suggested by some, an exaggeration? Then you have the possibility that COMEX and LBMA are well on their way towards bankruptcy, and some insiders are selling as much short as they can, knowing they will never be asked to deliver what they owe. The odd thing though, if there indeed is a supply squeeze, why isn't there any shortage of retail PM's, and what is available should fetch obscene premiums. So maybe western central banks are emptying their vaults, secretely and rapidly? Which would point to an elite planned economic crash of the West. Where they have enough gold on their private hands to restart an economic system following the collapse.

Sorry, just thinking loud here, but I would appreciate feedback on my ramblings...