pascoe at it again..., page-3

  1. 829 Posts.
    And the first comment on the bottom of the article indicates the most probable cause for the drop-

    "Forget Pascoe's prognosis - the real reason for golds recent weakness is that last night was Comex Options expiry in New York - plenty of calls in the $1150 - $1220 range to obliterate - every month time in time out gold trades lower heading into these key options expiries - happens every month so wouldn't read too much into this short term price weakness. Physical buyers will react to this recent reaction in spades...."

    Why does he never comment on CFTC, GATA, JPmorgan and their shorts etc?? It's all about indina housewives, mugs and buying shotguns and gold. Hardly a good article, just because of "one" drop in price overnight??
 
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