gold, page-101044

  1. 11,471 Posts.
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    A 2 minute showing volatility around the usual time but indicating the fraudsters having to work a bit harder in attack and cap mode.

    https://hotcopper.com.au/data/attachments/3632/3632349-ac9c1e2c9a3af5a9753b7d6f123622c8.jpg

    US dollar inching to new highs and is at its highest point since the 4th of November when gold closed at $1905. Yep gold was much higher with a higher dollar.
    But Biden was yet to be declared the winner.
    There is only one price setter in this game. For the moment.
    https://hotcopper.com.au/data/attachments/3632/3632370-20071770f3f5cc4ddefa2e462edf93e6.jpg


    US ten year yield continues on its upward march to the "nose bleed" level of just over one and a half percent meaning real interest rates are about 5% negative. hardly negative for gold.

    https://hotcopper.com.au/data/attachments/3632/3632385-dea34e3d0c8b4e820e75be48d74917e8.jpg


    To the broader markets and the Dow along with the other majors have failed a retest of their respective 50 day ma's as they finish either at or close to their lows..

    vhttps://hotcopper.com.au/data/attachments/3632/3632430-5b6dacde8ee90c974457444260220b21.jpg

    To the junk bond market and its beginning to look a bit like, well junk as its no longer bought or sought.

    https://hotcopper.com.au/data/attachments/3632/3632437-6d6568ff0864a2b9a8417a16fac12b58.jpg

    This whole thing could get very ugly very quickly.
    Looking at a daily on Newmont mining and it gives an upside reversal on decent volume. Just a little positive signal.

    https://hotcopper.com.au/data/attachments/3632/3632458-7d78681c79f53e26ad0cd834fbd8e207.jpg

    We'll see what these jerks have in store for us today. Shouldn't be too bad though.
 
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