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Wednesday, November 30, 2016

Please Sir, May I have another?

So this post is the first question and my main thought on the subject. It is an expansion of a comment I posted.
The mantra of everyone that speaks on King World News is that Gold is manipulated lower. The price should be several fold (several percent....you really cannot get all of these people to agree) higher. Thinking rationally one can reach two conclusions from that if one believes it .
1) Thanks for making it cheaper….can you please manipulate my hooker costs in New York next?

2) I will not trade it where the Powers that be have obviously been successfully manipulating it forever.
How the Fuck do you go from “This shit is heavily manipulated to the downside and I am fighting all the central banks together” to “Let me leverage my ass by buying a 3X leveraged etf, where the underlying itself (gold stocks) is leveraged 3X to the price of Gold because I am a freaking glutton for punishment. I will take 900% leverage to the price of Gold because I am hoping against hope that my tiny purchase of 5 ounces of Gold and 300 shares of NUGT will break the Central Banks. ”
This I need to understand. Please explain your masochism.  I know very few people read this blog at present, so please spread the word. I would like to specially hear from the ones that have shrines dedicated to Gold and have set KingWorldNews.com as their home page.
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