Stand and Deliver or Go Home, The Rallying Cry Of Gold Longs
Dear CIGAs,
There is no question except in the mind of the deranged bashers that the physical demand for gold threatened the fractional gold system to which a Fed sponsored raid took place. What they are missing is that it is not price that threatens the fractional gold system but rather demand at any price. It does not matter if the demand for physical is at $1350 or $3500, it upsets the system.
What will happen now as gold bottoms due to Chinese and Russian physical demand, most likely at $1350? The gold price goes into recovery, margins rise on the futures market and we go directly back in the total inability to deliver, once more threatening the system. Physical gold premiums will continue to rise above even the physical market for gold.
The damage done by the gold banks in time will be seen to be damage to themselves and not to gold.
People are sick of being fed fraud every day. There is a revolution coming in money only accelerated by the recent illegal market activity hiding in plain sight. The assumption that the entire world is as dumb as the sheeple of the West will be proven to be what it is – absurd.
This call to action made by Trader Dan, I believe four years ago, is the ultimate answer to the manipulators of gold from the floors of the exchanges to the halls of monetary ivy.
Nothing will unnerve the paper gold shorts more quickly and do more to undercut their confidence than to strip them of the real metal and force them to come up with more hard gold bullion to make good on deliveries. "Stand and Deliver or Go Home" should be the rallying cry of the gold longs to the paper gold shorts. –Trader Dan Norcini
The FreeGold camp has it nailed when they say the trend is away from paper gold to physical. Once gold is free of paper then its price will exceed all expectations in cash physical. On this point they will get no argument from me and I believe even Trader Dan will agree.
Respectfully,
Jim
Jim
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