GOLD 0.51% $1,391.7 gold futures

gold to crash hard tonight back to 900, page-3

  1. 9,081 Posts.
    Don't think you are on the money there Sabretoothed ... cannot see gold "crashing hard tonight back to 900".

    Global inflationary pressures are the key driver behind gold's rise.

    And oil is still stubbornly high.

    I agree that if there was an attack on Iran there would be a very strong and immediate gold spike.

    But ... if that is now 'off the table' it's not going to cause a pull back 'hard' to 900.

    At best, it might stall the advance ... but only temporarily ... imo.
 
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