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0.51% $1,391.7 gold futures

Not so hard to fathom adwebsterNo US money to invest in gold so...

  1. 50ftCat
    2,717 Posts.
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    14/10/08
    02:55
    Post #: 4384975
    Not so hard to fathom adwebster

    No US money to invest in gold so it's cheap for the MIB to drive it down ie no buyer strength to resist.

    But Asians & to a lesser extent Europeans who still have some purchasing power are buying physical as insurance against what they've experienced before
    Value at posting: $12,770
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    lightbulb Created with Sketch.  Great analysis
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