GOLD 0.51% $1,391.7 gold futures

us ppi falls 1% cpi falls 0.2% qeiii coming!, page-51

  1. 3,236 Posts.
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    woteva may turn out to be right, but I just don't see the Chinese and other major players letting the POG slip too much. The Chinese produce a lot of gold, then go on to buy more on the open market. At the same time, the Gov't. encourages their people to buy the element as a good investment. Let the price of this "good investment" slip too much, then you have millions of angry investors.

    Many thanks for the chart boiler TU
 
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