GOLD 0.51% $1,391.7 gold futures

gold, page-74658

  1. 4,801 Posts.
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    May not be the case mate. The initial shock of margin calls may be limited moving forward. Eventually the DOW and the POG will reach parity eg: DOW 8000 GOLD 8000. At some point the divergent trend thus has to end.

    Because QE is not new I don't think we have to wait years for the POG to rocket further like we did in 2008-2012. In fact could be a week or two if the Fed announces negative rates.

    Im literally all in now - waiting for the fun to begin. The price of gold correcting so quickly on Friday tells me that the Bullion Banks have run out of ammo, and the best they can do it limit supply of physical (especially silver coins the reasons for which I have a number of tin foil hat conspiracies).

    @mikeyjon We will be rich just with our small supply of coins matey.
    Last edited by Tubsfahkwah: 25/04/20
 
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