GOLD 0.51% $1,391.7 gold futures

you are right unsinckableGold is falling initially because the...

  1. 739 Posts.
    you are right unsinckable

    Gold is falling initially because the USD is stronger against the pound and ecb from the central bank actions

    the FED is the biggest offender of QE and low rates, its jut currently that the USD is the less ugliest duck in the pond

    however, when the US market opens I expect Gold to be bought heavily, the US are easing a lot and more will come, NO currency is worth holding at the moment, we in a a world a currency debasement and the only other alternative to maintain your purchasing power is with real, hard assets, real money-GOLD

    GOLD should and will react positively to this news, I expect >1700 within weeks
 
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