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 2 Gold Charts Show The Manipulation!!!! **heed the warning

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PostSubject: 2 Gold Charts Show The Manipulation!!!! **heed the warning   2 Gold Charts Show The Manipulation!!!! **heed the warning I_icon_minitimeTue Sep 15, 2015 7:08 pm

http://kingworldnews.com/the-secret-operation-behind-closed-doors-and-a-clear-sign-the-monetary-system-is-now-in-danger/

James Turk:  “Here is more proof, Eric, that the gold market is out of whack. The table below presents the settlement prices for Comex gold at the Friday close last week.
2 Gold Charts Show The Manipulation!!!! **heed the warning KWN-Turk-I-9152015
You can see that it is cheaper to buy gold for delivery in December than it is to purchase the spot contract. Gold is in backwardation, which of course is abnormal. 
The following table shows the settlement prices for yesterday. The backwardation eased somewhat in that only November delivery is below spot, but Comex has been reporting anomalies like this for a while now.
2 Gold Charts Show The Manipulation!!!! **heed the warning KWN-Turk-II-9152015
Backwardation should never exist because anyone with physical gold can deliver it today against the spot contract and buy it back with the December contract. An arbitrageur can take advantage of this opportunity to profit in three ways…
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