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Gold price, page-215

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sydney

1,247 Posts.

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20/04/16

01:32

Post #: 17549168
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Originally posted by sydney ↑

I agree with you, the price should be subject to supply and demand. Since China and India are the biggest buyers of gold, one would hope that the price of gold go higher.
There is no question that the price of gold on Comex has been manipulated.
We have seen negative interest rates everywhere, struggling global economy, geopolitical tension and strong buy from Chinese and Russians, yet, the price of gold is only $1240. It should have been around $1500 by know.
One would hope that Yuan gold fix would be much better system, however, China can not be trusted and time will tell.

Judged by the movements of BDR and other Goldie stocks , I am expecting gold price above $1253 tonight.

Cheers,

Sydney

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I better adjust my circadian clock. I tend to lag a day or two behind.
Ladies and gentlemen, welcome to the yuan gold fix.
Welcome to a new era of supply and demand as a determinant of gold price.
I agree with Atomic, a release of the quarter tomorrow will be ideal . It will be the bomb that will mob up all the shorts.

Happy days are coming for sure, GOD will.

Cheers,

Sydney

BDR Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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