Groundhog Day.....Skol starts to dance a jig, some sycophants show up to sing his praises, in due course the phoney euphoria induced by Fed jawboning fades away, order is restored, Gold goes back up.
Seems to be the pattern around here.
Fed dithers between 'dovish' and 'hawkish' constantly, as inflation flat-lines. This latest 'hawkish' stance will last about as long as it takes for the next batch of negative data to show up.
- Forums
- Commodities
- GOLD
- "Don't be left behind" by Egon von Greyerz
"Don't be left behind" by Egon von Greyerz, page-211
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online