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Freudian Glitch – Or Sign of Things to Come? COMEX Futures Lists Silver at $34,000/oz, Gold at $17,700/oz

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from Silver Doctors:

Did COMEX futures just reveal a Freudian glitch? Futures data this morning indicated a value of $34,000/oz for silver, and $17,716/oz for gold!

The misquoted prices reflect a 1:2 price ratio with silver being 2x as valuable as gold. Was somebody trying to communicate the fact that future gold to silver value ratio will go from 50:1 to 1:2, with silver prices rising 100 times faster than gold’s?

SD reader Plebian asks: A ‘glitch’ in futures prices this morning showed charts with gold price quoted at $17,700/oz and silver at $34,000/oz.

Questions:
1) Why did glitches occur for both gold and silver, since they’re independent commodities traded on separate symbols?
2) Why was gold off by a factor of 10, but silver by a factor of 1,000?
3) The misquoted prices reflect a 1:2 price ratio with silver being 2x as valuable as gold. Was somebody trying to communicate the fact that future gold to silver value ratio will go from 50:1 to 1:2, with silver prices rising 100 times faster than gold’s?

Read More @ Silver Doctors


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    Total 4 comments
    • Anonymous

      This occurred once before in history several millennium ago. It is possible to occur again since there is roughly 30 times, by weight, as much gold as silver in physical storage.

    • Nunyabiz

      We know they are manipulating the numbers and real prices of metals, right? So maybe they accidentally showed the actual price it would be if they weren’t manipulating things. You think they might have a computer somewhere that is keeping track of what the actual numbers should be without all the manipulations and naked short selling. Maybe this was an oops loaded wrong screen?

    • ElOregonian

      DANG! I was very rich for just a few moments!!! I call BS to this whole manipulation charade…

    • davidlory

      Thanks SGT Report. Good to see you here.

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