(7 December 2016, 23:46)LAC Wrote: A good barometer to use is the gold price. As it became apparent that Trump was likely going to win, the gold price started shooting up and up. Then suddenly, just before the markets opened later that day, it started to plummet. Somebody or some bodies dropped a massive short (paper) trade on the COMEX driving the price down. If the gold price starts fluctuating wildly that can be an indication of loss of control - it is the derivatives market in which any coming market crash will first make itself known as most trades these days are not physical stock or commodities trades, but derivatives of such. Gold is no exception as paper gold trades on the COMEX vastly outnumber actual physical trades, and hence can be easily manipulated to control the market price.
LAC
I think you have that backwards Lac.
The "bitch from hell" was to be the undisputed winner of our election and the press, the world and the Democratic party went to bed on election eve thinking they had won the presidency, only to wake to the complete shock of reality the next morning.
That was when gold went back to normal price.
Rawles has been predicting the imminent crash of the world economy for nearly 40 years!
He has declared the fall of the world in September or October of each year for the past ten years.
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