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10 dollar dump on 4000 contract at 7pm EST


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#1 risk_management

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Posted 02 August 2017 - 09:10 PM

7pm EST of all times.  I mean c'mon.  Ridiculous.  I wouldn't be surprised at all to see gold gain some traction tomorrow. 



#2 Rogerdodger

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Posted 03 August 2017 - 08:25 AM

BOE bet gone bad... Or just regular misdirection funny business ...?

 

"Gold priced in British pounds rose after the Bank Of England announced it is keeping interest rates unchanged at record low on Thursday; the central bank also highlighted the impact of Brexit as it slashed its economic growth forecasts for both 2017 and 2018.

The BOE decided to leave its official borrowing costs at 0.25% in a 6-2 vote and warned U.K. consumers to expect higher inflation and weaker wage growth."

 

 

"higher inflation and weaker wage growth"

Isn't that called "Stagflation"?

 

t24_gold_en_usoz_home_262_130.gif


Edited by Rogerdodger, 03 August 2017 - 08:28 AM.


#3 AChartist

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Posted 05 August 2017 - 11:49 AM

webbot say now a retroactive judicial "ruling" grandfathers, legalizes, and exonerates metals rigging and collusion,

 

but at that time is global break out.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan