Gold price, page-7083

Forgot to add, after the shock and awe of this mornings opening the BUY side is lining up nicely now and BDR has recovered and standing up nicely unlike the Feds rate hike talk which is stanking up the place.
I predict no rate hike at all because the markets are now built on lots of credit and the Gold market in particular is leveraged badly. When I use to watch the COMEX it was leveraged about 100 to 1, that is there is 100 paper ounce traded for every one ounce of physical gold. This is why they can smash the price of gold on the futures markets and always has been and will be untill the COMEX is gone or NY is gone.