Well,how about that supposed gold bubble???
The only real question here is, are these jerks finished.It certainly would appear not yet but their effort is diminishing in scope. The speculative longs have been rinsed out, broader market liquidity remains wide open.
The last central bank smash in March took 7 days to hit the low, bearing in mind that the broader market was tanking so this little smash is likely to be of less damage and duration because of positive liquidity throughout the broader spectrum.
So the low could already be in.
GC Futures at $2926 with the front month well backward dated indicating fraudsters remaining under pressure.
US goldies finished near their lows but this is more than likely because of a major attack on gold into the close of the markets.
Looks like time to begin bargain hunting. we shall see.
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