Hi Opt T,
ECB and FED,,,seems to be a huge head fake,,,,,,,fundamentals wont change if they come up with some sort of plan, unemployment, asset prices and productivity are all falling, those buying with the beleive the FED and ECB will save them will be very badly caught at some stage..........why we cant face the losses is beyond me
Gold up a couple of dollars again,,but Oil continues to march higher crimping margins.....
What I find facinating is the Super LOW volumes especially in the gold spot market,,this is interesting to me becasue its hard to understand how the volumes have gone so low when there are so many major producers unhedged and supposed to be selling daily into the market,,,,,,at 105M traded last night I wonder if all the majors are building inventory all waiting for a higer price?.....lowest overnight $ volume Ive seen since I restarted trading life a few years ago......
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