GOLD 0.51% $1,391.7 gold futures

Think about it Champ. When did GOLD and SILVER get smashed...

  1. 871 Posts.
    Think about it Champ. When did GOLD and SILVER get smashed previously? (last year or so) Well it was when MR. Bernanke spoke and disappointed with no QE3. Remember? So what reason to smash GOLD and SILVER now that open ended QE is here? Let me tell you, any freaking thing that is even remotely economically positive, (positive?? bad but not as bad as expected)
    When did we enter a world when terrible news is good because it is not as terrible as it could have been?

    I am not dreaming when I see this. This happens and my brain sees it happening.
    1. GOLD positive news magnitude 5 = a $10 increase
    2. GOLD negative news magnitude 5 = a $25 decrease

    Who honestly can tell me this is not the case?

    You know what this tells me? People are nervous, trigger happy, and this confirms to me that we are in NO WAY A BUBBLE. For GOLD to be in a bubble the 1. 2. would swap.

    Cheers
 
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