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Glyn G
Member since May 2012
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has posted a comment on the article :

Bounce in Gold Is a Dead Cat – Fade The Rally

- Sam Kirtley - Sk Options Trading

That's the spirit son. That's what I like to see. Expert analysis based not on fundamentals, not on what the Federal Reserve chief is actually doing right now
(faster QE than ever before in history)...but what he says he may or may not do at some unspecified time in the future. It must be reliable. After all why
would he lie?

Thanks for raising the biggest laugh of the day!

Commented 4140 days ago

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Beginning of the headline :Gold prices have enjoyed a welcome bounce from $1200 to $1280 recently, which has some perma-bulls bringing out the famous “this is the bottom” LP yet again, a record which has been played so many times this year it must be getting close to wearing out. Whilst this minor bounce in gold is to be expected with Bernanke cooling the markets aggressive tapering expectations, a major rally is not sustainable since the Fed is not embarking on any new quantitative easing in the foreseeable future. As su... Read More

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