Very nice close for MML today and buyers keen for some Monday action. I would suggest that many have hedged a favourable result on a poor US Jobs reports out tomorrow and I agree totally with that conclusion.
Seeing the Goldies rally shouldn't be a surprise to many as some like a good gamble and Gold as the safe haven always looks juicy when bad news is reported economically. Do people really believe a 20 Trillion dollar debt and the worlds reserve currency is good for global financial stability, Not really.....
MML if what I speculate will come true should be .51-.55 on Monday open. IMO
1. Gold must be up
2. Jobs numbers must suck
3. More Rate hike in December rubbish talk
This is my formula for price action come Monday.........My Rant.
Very nice close for MML today and buyers keen for some Monday...
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