Short Term Trading Weekend Lounge: 22-24 Mar, page-13

Noticed major dow dummy spit onite, Au firm above 1310, weakening USD on fed doveishness.

Have been accumulating couple of goldies for months, only sector exposure I have.

If I had a dollar for every false dawn concerning Au's next leg up would be a milllionaire.

Been around long enough to also appreciate a significant % of things you think are going to happen eventually do but market has its own timeframe to do things in which in a 100% of instances is the difference.

Low interest rate hedge obviously not a factor, the markets I suggest have moved beyond the ecconomic science and all about quantity of money not quality of thought and have been for some years.

Anyway, STT usually one step ahead but very quiet on Au lately so maybe the dawn false indeed.