GOLD 0.51% $1,391.7 gold futures

sudden drop, page-46

  1. 871 Posts.
    I can't remember who said it , Helliben or Timmy but it went something like this....."we will do EVERYTHING in our power to stablelise the economy"

    Everybody knows when gold is going up things are shaky elsewhere in the financial world.

    Read the above quote again, if you still think the price of gold is NOT suppressed deliberately to give the illusion of a stable economy then, well trying to convince you is a lost cause.

    Look at the example on the day March 19) the fed announced it would be buying government debt QE. From memory the POG was 950. Just hours before the fed announcement the POG went from 950 to 880. BAM. Then of course after the ann. it rallied to above 960.
    Coincidence? not a chance in hell.

    Come to think of it, I think it was the biggest short drop in the POG this year.

    Anyway good on ya's and have a good day.
 
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