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02/03/19
01:19
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Originally posted by slange:
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A few more thoughts on the "shutdown" of the goldmarket earlier in the week. Considering that gold had tested 1330 then was bombed lower and was moving back up to retest 1330 just before the market was "shutdown" then the evidence is there that this could have been a deliberate move to prevent gold moving above 1330. If this is the case then it tells us that we are close to the reset in the gold price as these guys are no longer able to control the gold market. They are forcing gold lower now into the NFP and are privy to the numbers and no doubt will be positioned to try and control this market. The question is,will it be a gold bullish number where they habitually bomb gold into the data release then control the rise or is this an attempt to totally smash gold into a massive rinse before the coming reset. The gold blogosphere has been totally absent of this occasion which indicates that they are total saps that are too afraid to report it or are too stupid to not even understand what has occurred. Tonight would appear to be reasonably important.
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Looks like I screwed up as March is the only month of the year that the NFP reports on the second Friday of the Month. Gold market very active as they look to smack this into the stock market open.