GOLD 0.51% $1,391.7 gold futures

in which case its a banal and pointless thing to talk about -...

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    in which case its a banal and pointless thing to talk about - which has always been my view

    all markets are manipulated to some extent by the people with capital to control the market. thats just the way things are

    there are times when the manipulation of usd pog is very clear, pervasive and in defiance of the economic drivers of the day

    this is not such a time - golds had a magnificent run - all the things that drive its pric: interest rates, bond yields and inflation are in roughly the same position today as a week ago

    people complaining its being artifically held back this week just dont get what really drives the thing they are investing in

    as for euro - i think youll find if the eurousd breaks that support level its pushing into gold will rise. but agree the yen cross seems to have the whip hand atm
    Last edited by goldbear77: 24/08/16
 
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