GOLD 0.51% $1,391.7 gold futures

You see what is happening in the market. Risk aversion is back...

  1. 24,765 Posts.
    You see what is happening in the market.

    Risk aversion is back in. That means safe havens are out.

    As the US dollar was a safety play it is falling.

    As gold was a safety play gold is also falling.

    Everything is now fine following the G20 meeting and the abolishment of mark to market accounting rules.

    It's now mark to whatever price you want to invent.

    It's now hide the value of your assets and hide the losses you are making on them by burying your head in the sand and inventing a much higher price than the current market for them.
 
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