I don't care if Gold drops or doesn't drop a bit on Monday in Asia and/or in Europe but the week should end up strong.
On the other hand I am thinking that we are in a trading range, say $1280 on the downside and up to about $1340 or even a bit higher by mid October. The US mid term elections and/or the Russian situation may be a reason that Gold is being capped by the Comex Mafia.
Pls note the further into the future I look at, the less reliable I feel my view becomes.
-tria
My latest thoughts on Gold
Started by
tria
, Aug 31 2014 10:53 AM
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#1
Posted 31 August 2014 - 10:53 AM
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky