GOLD 0.51% $1,391.7 gold futures

That was one hell of a smackdown catching the US markets off...

  1. 5,880 Posts.
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    That was one hell of a smackdown catching the US markets off guard on a low volume Sunday evening.
    Gold at one stage 3% off Silver +6%.
    The threat to the dollar of interest rate cuts seems to have dissipated and moved out to September or even further.

    The war scare is just that a scare as every move seems carefully choreographed by either side.

    Then there's the stateside election later this year.
    The market needs to stay bullish at least in the eyes of the sheeple to give Biden a punchers chance.
    Trillions per quarter in liquidity will do that.

    PMs just biding their time.
 
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