A strait jacket operation was launched three quarters of an hour after the US broader game got underway which took gold down from the $2070 area to the $2050 area lasting an hour and a half before being capped around the $2050 level.
GDX exploded higher out of the gate before pulling back, courtesy of the Banksters once again. Nothing new there.
The signs are now building that we are going to get an upside explosion in the gold price over the coming weeks as the Banksters lose control of the game completely. We are also looking at a major spike higher in the oil price along with a reversion to a positive yield curve as the long end charges higher.
The Banksters are beginning to price in rate cuts. Stagflation will charge as economic collapse picks up steam exposing the Banksters for the lying manipulating cheating and stealing fools that they are.
And the share market. Good luck with that.
Merry Xmas to all and sundry, apart from the trolls and the trouble makers.
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