zaterdag 21 december 2013

GLD Will be Depleted in 5..4..3..2..1....

... June 2014.

Just a little request from someone to extrapolate the GLD ETF. I wonder if the gold price will hit zero next year.

(extrapolation based on the selling pressure after tapering)

And as an extra.

It has just gotten  worse at the COMEX. Again a new low for registered gold as of today. We lost 12% of registered gold in just 1 day. At this rate, when we extrapolate again, the COMEX is defaulting before the end of the year. They can have all the eligible gold they want, but if there is no registered gold anymore, the game is over.

Leverage is skyrocketing exponentially and that's always, always the end of a bubble... In this case the gold suppression bubble.

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