Dam. This could nip any gold breakout in the bud.
I remember 2 newsworthy events earlier this year. One was Rothchilds getting out of gold price fixing (which then appeared to be bullish LT for gold - at least to me). The second was The Financial Times declaration that the Gold Bull was over for now. Well maybe not just yet ...
Oops, $40 changes FTs' tune on gold
The site won't let me copy the text of the article for copyright issues.
You know something that also struck me today. Whatever happened to the Washington Accord on gold sales?? It was supposed to be finalized about now. I have heard absolutely nothing on this.
Washington Accord
cheers,
john
FT Capitulates
Started by
SilentOne
, Nov 09 2004 06:41 AM
1 reply to this topic
#1
SilentOne
-
- Traders-Talk User
- 3,452 posts
Member
Posted 09 November 2004 - 06:41 AM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
bobalou
-
- Traders-Talk User
- 1,878 posts
Member
Posted 09 November 2004 - 07:50 AM
S one.. be on the look out for a pull back on lite VOL... so I can cover my sm. short,in glg ,I'm still long some HMY,(at suport),rangy sm,.=s 10% long,and looking for more longs..VOL is the only thing to tell the story.and still moving up. time wise w/ me 8 days left of down,works well w/ options exp.
