gold, page-23703

  1. 3,054 Posts.
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    A lot of you guys have been around a lot longer than I have, just wondering what you make of this move in POG.

    We've seen some rapid sell-offs or dumping of gold in recent times. To me, they smell of desperation or an attempt to spoof the market. On the other hand, the steady build up of gold in recent weeks just seems a very professional, deliberate and serious buying up of gold in a manner that doesn't send the price soaring. You can see they're buying and then easing off, price comes down a little, they buy some more and repeat. Economic data and Yellen's rate rises are having no impact.

    That's why I get the feeling a major player like a Soros is stocking up big time. Something enormous is on the horizon, I don't see it just yet but I think the movers and shakers are taking their positions.

    Just my opinion, I'm ready for it. Don't forget, there's no harm in taking some profits on the way, not too much though .

    My opinion only, what do you guys think.
    Last edited by Prisoner24601: 17/02/17
 
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