GOLD 0.51% $1,391.7 gold futures

Gold – the final bubble, page-549

  1. 10,784 Posts.
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    The US employment report would have to be definitely suspect.But why.
    It has been quite often a trick to game the numbers before events, usually elections.
    The Dollar was in correction mode and a weak number would have pushed it lower quite probably pressuring Gold to the upside.
    Just before the report was released Gold was smacked down by either someone in the know or some entity taking advantage of illiquid moments.
    With the Bond Market becoming volatile and yields spiking Gold could not possibly be allowed to move higher.
    So it looks to me that the employment report may well have been fabricated to push the dollar higher and put downward pressure on Gold.
    Which tells me that they are now relying on propaganda to jam Gold because they no longer have the goodies to supply to market.
    There is also the possibility that the FED is desperate to raise rates and a painted stronger employment report would allow them to do so.
    The day of reckoning draws nearer.
 
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