Looking at the gold smash and it began at 1.05 with the dollar peaking 45 minutes before the gold peak which was one and a half hours after the broader market opened. This was the perfect time to orchestrate gold higher to suck in more longs before launching a massive attack after also sucking in gold share traders and so with the smash it forced a huge amount of long covering and profit taking forcing gold seriously lower.
Gold was definitely due to correct due to overheating techs and time but this type of situation is the most dangerous for gold as it is out on a limb and is much more vulnerable to Bankster activity. There is no doubt this is the case.
US Dollar peak 45 minutes before the gold peak
GDX with a massive spike into the Bankster induced open before the major reversal
Same situation with Crude Oil as the Banksters launch a full blown inflation attack
Same with copper. From what I can see these attacks were launched in a co-ordinated manner.
Now that the Iranian response has arrived we wait for the Israeli's to launch their revenge attacks and no doubt they will be heavy as this is the best opportunity for the deranged psychopathic Israeli leadership to suck the Dumb Ass Yankee Lawless Makers into an attack on Iran. Nuclear war is gettin closer by the minute as escalation rages and by the look of it Friday nights US action will be irrelevant by the time the markets open tomorrow, providing of course that they open. We shall see.
Netanyahoo and his cowboys must be jumping with glee. One wonders if it would make any difference to this deranged monster if he even thought of the outcome and consequences of his and leaderships action.
