GOLD 0.51% $1,391.7 gold futures

Someone knows something you don't I'd say martis. Why have gold...

  1. 33,208 Posts.
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    Someone knows something you don't I'd say martis. Why have gold indices suddenly dropped 5-10%?

    Glad I didn't "become a follower of the great martis" as you describe yourself, because going broke isn't in my plan.
    Trump has announced a massive military buildup, and I mentioned a couple of days ago that the smart money may be deserting gold for defence stocks, some defence stocks are up this morning already.

    Also there's rumours that a March interest rate rise may be on the cards. XGD down 6%.

    Ouch!!
    Last edited by Skol: 28/02/17
 
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