The Phaserl


Persistently Negative GOFO: The End of the Fractional Reserve Bullion Banking System is Near!

from Silver Doctors:

Negative GOFO is now the norm, not the exception.  In fact, since the price bottom at $1180 on June 28th of last year, there have been 229 market days.  Of those days, GOFO has been negative for 133 of them or 58% of the time!  GOFO has been in positive territory just 42% of the time or 96 days.  For the previous 24.5 years, GOFO had only been negative for just 7 days.

Now, after the massive and counter-intuitive price slam, it’s negative nearly 60% of the time?!?

The “new normal” of negative GOFO is, in fact, symptomatic of extreme physical tightness and empty vaults in London.  Knowing this and the clear correlation of GOFO with price (that we will demonstrate below), you should adjust your trading strategies accordingly. For those of us who are stacking only, persistently negative GOFO is just another clue that the end of the fractional reserve bullion banking system is near. Whether or not that “end” comes in 2014 or 2015 matters little.  It is coming.

Read More @

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>