Sooooo?
Whats the proximal cause for this spike in Gold
Silver is up only 10 cents
Stock Futures are up as well…so cant be a nuke
Free Beer to the first who posts the cause
quick check zero hedge….they always have an opinion
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Investing.com shows silver up 25 cents at the moment.
That’s the rise from the comex close at 2:20 or so
Gold is up over $40 from the stock market close
Will the gold bull begin tomorrow!!!????
Huge short position… this may be a good rally …. over bought conditions… its all very tense!!!
Get a grip T Bone
🙂
My question is still WHY ? this Spike in Gold
There I NO news anywhere to explain it
OUT of the BLUE ….is the way gold moves
But it initially spiked after the close!
That’s what I’m trying to tell ya! No news!
It’s the drama of freaking everyone out to both jump in long first thing tomorrow morning or to sell there short positions after hours. It may be a bear trap. All of these gains would be erased by the first 2 hours of trading tomorrow morning.
After tomorrow I think we’ll know if its the beginning.
It may be the end of the beginning or the beginning of the end
Ok, maybe the real reason: The closely watched 10-year Treasury yield fell below 2% in the morning of Asian trading hours, its lowest levels since November 2016. Gold prices also soared, with spot gold rising about 1.3% to around $1,377.84 per ounce.
continued talk by Trump in demoting Jerome Powell and forcing interest rate cuts
Don’t know, Sir Fully. Maybe its just Time.
Boy oh boy, am I glad to be aboard! Go gold!
https://poets.org/poem/ecclesiastes-31-8
That poem is for the Byrds
Brilliant, Fully. Here ya go…
https://www.youtube.com/watch?v=W4ga_M5Zdn4
SF are you long yet?
Oh yeah, long for quit some time. Been adding along the way – portfolio is now 80% in PMs – 20% cash.
Nice work!
Well of course, Mr. Market … as Plunger so deviously told us … he wants the least amount on board when this breaks out … I think he got his wish!
Please continue the sweet ride my Kirkland Lake Gold.
A bullion bank covering a large short gold position?…https://www.youtube.com/watch?time_continue=320&v=Es6mv_3utS4
You’ll like this Fully. The proximate cause (not proximal) for the gold move is this:
https://www.youtube.com/watch?v=4SXrK7tCfdQ :; It’s Bo’s 1-2-4 cyle :;
Now, give me my beer!!! Is Bo’s last name Pony or Baloney? :;
:; were supposed to be 🙂
…….. but am I still early ??
Winedoc