Gold price, page-8948

I had a feeling a decent move would happen last night, just wasn't sure on which direction.
US bonds keep selling like hot cakes, new home sales down in US.

The uptick in manufacturing may be preparation for the expected Xmas sales, but with mortgage rates increasing regardless of the fed (rates set off of 30yr bond yields - up 0.21% to 4.16%), & if the fed does raise, there is no evidence of increasing wages for US citizens to cover the extra payments, let alone to spend on additional consumption. The retail figures from Canada, one of their biggest trading partners was terrible the other day (up 0.0% - not moving).

POG is not reflecting what is actually happening in the world economies in my opinion. Great buying opportunity for the brave here, but the question is, what will the US do Friday night, as they can push POG in either direction again, forcing us to wait until Monday.

What a shonky show...