GOLD 0.51% $1,391.7 gold futures

Yeah gold into the next Fed meet will be an interesting watch,...

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    Yeah gold into the next Fed meet will be an interesting watch, particularly if the Fed induced broader Ponzi picks up steam to the downside. If this occurs the share side of the metals may well correct relatively heavily and will probably outperform the metal itself to the downside significantly.
    The more downside pressure on the Ponzi then the more pressure on the Banksters to lower rates even though rates across the spectrum have already been lowered significantly. The Banksters will no doubt be applying pressure on the commodity structure while attempting to hold any dollar rally as they print the dough and pump in liquidity. We'll see how they do.
    Geopolitics is the wild card as Israel continues to collapse as massive protests take place. A desperate act by Netanyahoo could blow up the entire Middle East. Civil war could break out at any time so he could easily attempt to "create a smokescreen". The question is, would the military comply with his demands if they arrive??? Him and his henchmen get more desperate by the day. And they are seriously evil.

    A daily on gold and if gold can hold this area with the Ponzi correcting lower towards the Fed meet then it will be in a powerful position to move towards $3,000. We shall see.
    The reasons for owning gold continue to rise and will only continue to do so.

    https://hotcopper.com.au/data/attachments/6432/6432537-9170b59ba6a17a9a51029fd24b12e005.jpg





 
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