Trumps words drove the gold market lower, but facts should have driven it up and equites down as no deal was done its 5 weeks before any signing and its a first stage of many more. Then after the market closed in USA Trump did say it could fall over.
Chinese probably worked out they can feed their country soy beens for a lot less than they currently pay for rice so the 50 billion soy deal is probably a net benefit to them.
Next three days chickens will come home to roost, people will realise we are a long way from a deal. Be interesting to see where Gold opens at 9am.
- Forums
- Commodities
- gold
Trumps words drove the gold market lower, but facts should have...
-
-
- There are more pages in this discussion • 72,494 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)