With Friday’s big PM raid TFMetals’ Craig Hemke (Turd Ferguson) joins the show this week discussing:
- Ferguson breaks down the mechanics of cartel actions leading up to, and triggering big PM raid-
- Banksters issued 10 million oz of paper gold in January preparing for epic FOMC & NFP raid
- Banksters were naked short nearly 700 million oz of silver!
- CME hikes margins twice in past week forcing long specs to liquidate
- Goal was to smash gold through the 200 DMA
- Will crucial support in gold hold at $1200 or are we headed below $1,000?
The SD Weekly Metals & Markets With Guest Host Turd Ferguson is below: