GOLD 0.51% $1,391.7 gold futures

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  1. 13,171 Posts.
    lightbulb Created with Sketch. 2810
    well that was a big night for so many things.

    First up, another bank busted for spoofing both gold and silver markets and making false statments, from at least DEc 2012 to current....  Investors dont get anything but USA gets another fine from them- its not the first time either and not the first bank this year to get caught and fined for same thing

    https://www.justice.gov/usao-nj/pr/...nection-commodities-price-manipulation-scheme

    That said Mr 1000 contracts was back quite hard last night, at one stage it was over 1000 to 1 on sell side , which disappeared constantly - amusing just because whilst that happening and the price is being driven hard details of spoofing and a fine is released.

    Euro lost a cent which is probably the main reason which started to coincided with the conclusion of
    the  amazingly overwhealed 30 year bond auction in Germany at a BIG negative yield,,,,,thier entire curve out to 30 years is now negative, so you would have to assume alot of other bond investors rushed out of euro and headed for USA $.....

    Equities, right up there setting new records finished red...WTF.

    Apple eclipsed CBA putting on another 2000 Million USA in just over one hour of trade to hit a 2 Trillion dollar market cap.....beat CBA as it was putting on 1Billion OZ an hour the other week at one stage.

    Tesla finished red but was green at one stage and pushing towards its potential record - 1000PE based on earnings including government welfare in the form of credits which its sold the last four QTRs in record amounts to post a profit.

    FED minutes- they are concerned, yeah well ------they are talking about yield curve but not convinced, thinking about thinking about forward guidance and targets they should think about to raise rates at some time .

    Trump wants sanctions on Iran,,,well he is demanding them

    And Kudddders says Trump wants part of the payment proceeds from China on a tik tok sale

    Rates up strongly, with markets falling, AUD still strong with huge appeal to OS investors with its positive rates

    See how it goes today, Mr 1000 will reverse at some stage like he did last week, he certainly got excited and appeared oncd the stella target results were released which showed they did really well with capturing alot of the unemployment and stimulus checks.
 
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