GOLD 0.51% $1,391.7 gold futures

Before Skol kicks me out. There are 3% leftovers. 1. ECB is just...

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    Before Skol kicks me out. There are 3% leftovers.

    1. ECB is just announcing an extend QE beyond September.
    To increase monthly Gov. bond purchases fron 60 billions to 70 billions

    2. To cut deposit rate to negative from -0.2 to -0.3

    3. Lowering Greece's emergency liquidity assistance, a debt ceiling, from 84.7 billions to 77.9 billions Euro as Greece is slightly improving.

    The Fed is doing opposite direction whereas US inflation is a mere 0.2% through the 12mths ending October 2015 compared to Europe inflation 0.1% and Australia 1.5%

    If the NFP on Friday shows a sub 150k I'll be LONG on gold.
 
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