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08/03/17
09:08
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Originally posted by All4One
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Its all about the US FOMC and rates.
For anyone who doesnt know. The POG always gets smashed in London and New York before a rates decision and FOMC, almost every time. What they are doing is illegal but hey N.Y. and London own the Gold market completely. They own the LBMA, Comex and thats all you need to know.
BDR,NST are extra crispy toast today.
Dont watch if you dont want the stress.
NST may well be below 3.70 today and if the big smash keeps happening then perhaps NST will hit 3.30 by the end of the week.
A great buy at that price, when it bounces it can hit 4.50.
Watching.
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Obvious it's rates yes. I'd be looking much closer @ RSG. Much bigger opportunity there. Much bigger swings . Follows POG like a kitten follows it's mother