Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.11%

$1,311.6 gold futures

Haven't you heard? The Federal Reserve hasn't owned one ounce of...

First 49139 Last

Share
Profile

Follow
Skol

15,705 Posts.

275

16/03/19

11:06

Post #: 37783362
Share

Originally posted by slange: ↑

Is the gold market changing?
Are the Fed goons finally losing control of their game?
A couple of weeks ago we witnessed a shutdown of the CME in Asian trading as an attempt to bomb gold backfired and was then subsequently on its way to blowing through 1330 just before the shutdown occurred.
On Wednesday gold rose on massive action again in Asian trading as the sellers were swamped.
On Thursday the buyers were noticeably much less inclined as the sellers took control and smacked it back below 1300
Now this is where it gets more interesting as the normal procedure on Friday would have been a sustained bombing campaign continuing to new lows.This has quite obviously not occurred as gold has bounced back over and held 1300 overnight. So the question begs as to why, because this is the first time I've witnessed this.
Are the Fed goons now being played at their own game by greater powers?
Are we finally going to see a break higher in gold that should have happened so long ago?
Things are definitely changing.

Expand

Haven't you heard?

The Federal Reserve hasn't owned one ounce of gold since 1934.
Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 255 more messages in this thread...

First 49139 Last

Add GOLD (COMEX) to my watchlist