Loading ...Now You Are Completely Wrong
You may or may not have been wrong back then, but I do believe I posted or commented that you were. I said the reason the Russians dropped the fixed peg was because they were buying gold at BELOW the existing market price on Comex and LME. Once their gambit worked so well that it drove the price of gold up towards 2000/oz. they were forced to pay more than they wanted or needed to. That is why they dropped the fixed peg and went back to negotiated purchases. Your conclusion that they are in on the military industrial cabal is laughable. They may have been co conspirators in the past in an arms race to benefit both sides defense industries but here you got it wrong again. Why would they keep the peg if it was forcing them to overpay for gold? The proof is that since they removed it, except for the breif period the author mentioned, gold quickly went back down to levels before the Russian peg was put in place. https://www.zerohedge.com/news/2022-05-02/russia-contrary-popular-belief-part-global-military-industrial-banking-complex
CM, Scorpion Capital wants to squeezy squeezy IONQzy calling it a hoax…thought?
It has been trading so poorly it might be true? I knew it wasn’t going to perform like last year since we are in a bear market since 2022 began, but the way it has traded tells me something is wrong with it. I had large percent gain the first time but will probably end up taking a tax loss on this second time in. Would not add to or take a new position based on how it is trading.