Smart Money vs Dumb Money: Precious Metals Turn Bullish

8:13 AM

First published by Money Metals here: https://www.moneymetals.com/news/2017/07/17/smart-vs-dumb-money-001115

The bullion banks periodically fleece the long-side speculators in the futures market. The pattern has become almost as familiar as day following night. The bullion bankers build massive short positions by selling paper contracts to all comers and wait for a chance to push prices lower. Recent revelations over price rigging have shown these banks have both the power and the will to move the markets in their favor.

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