Spot on Casper
GS and JPM who are meant to be in cahoots with the fed were promising $10-15Bn taper and gold to $1,000 - outcome ? They slaughter gold down below $1,300 only to see the exact opposite happen
Imagine where gold would be if the no taper news was from a base of $1,400
My thoughts are this is a repeat
Golds reaction to US government shutdown is ludicrous, the USD should be getting mauled tonight, not gold
I'm thinking same smack down tonight leading into raising of debt ceiling
Market surely must be getting sick of this continued manipulation. $45 drops in 1 hour on government shutdowns is not natural or reasonable. If anything you'd back a $45 rally
Add to My Watchlist
What is My Watchlist?