Loading ...Northstar–I know we’re not supposed to talk about gold mkt supression…but here goes anyway
I got 2 theories—the FED/PPT felt gold could explode
by tomorrow and put the kibosh on….and besides that traders–like me–had the strong dollar on their minds all day long———and their confidence was low in the days performance–so like a herd of cattle, the PPTs’ late selling stampeded them
JNUG was all over the place today…I would have just bought it and walked away had the $ not been so strong…
Now the great trade could be to pick up some after hours and hope the $ comes in flat to down tomorrow…it doesn’t have to be down much, either & it’s time for a rest even if its going higher…that’s just my crack pot 2 cents…
Interesting theory, Richard. Thank you. Very possible. It looked engineered. Happened in ten minutes.
Thanks Richard. Manipulation and sheer, panicked volatility are rife. The entire financial system is rattling and shaking in a way that has me very, very concerned. Longer term prospects of any recovery are being snuffed out day by day. Our entire system is convulsing.