LGL lynch group holdings limited
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I've noticed when the leaders get sold off late gold has on a...

  1. siameseparrot
    24,765 Posts.
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    07/10/08
    17:03
    Post #: 4355088
    I've noticed when the leaders get sold off late gold has on a number of times got smashed that night.

    I read there's talk of a coordinated easing of interest rates tonight, and possibly Australia led the way today with its higher than expected 1% cut.

    If that is the case gold should soar tonight, but my gut feel tells me that instead there will also be coordinated management of the gold price - that is a coordinated paper gold sell off.
    LGL Price at posting: $2.35 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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