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The reversal of QE and the price of gold, page-7

  1. timber1956
    7,424 Posts.
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    03/10/18
    15:37
    Post #: 35979953
    @shakespeare

    "when QT started feb 2018 gold fell and has been falling ever since as QT ramps up. what do you make of that?"

    I don't make anything of it.

    I think that the price of gold is relatively weak because of oversupply in the wholesale market, and the unwillingness of COMEX traders to commit to the long side.
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    lightbulb Created with Sketch.  Great analysis
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