gold, page-10592

This week will be interesting for gold given the Chinese return to the market on Monday after their 2 day holiday (Thu 15/9 and Fri 16/9), which allowed the gold price to be manipulated lower on Fri 16/9; and
the US Fed and the BOJ announcing their interest rate decision.

It is also worth noting that changes to the IMF SDR basket commence 1st Oct 2016 with the chinese currency being added to the basket (which is currently made up of the USD, GBP, Euro, and YEN). What will be the impact to gold?

There has been a lot of HC discussion on the continuing poor KPIs coming out of the US and these cannot be overlooked, however there is a US election and if the Democrates are to remain in power and Obama's legacy is to be protected they cannot allow the US economy to implode at this time. There is a thought that it will implode after the election regardless of who is in power. This is an opposing view to that it would implode if only Trump was elected. Remember Brexit and the propaganda before hand.