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depourcq
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Gold Market Analysis : Gold Futures set up for a smack down ?

- Clive Maund -

You forget, that the USA is having a election and there is no clear winner, the market does not like uncertainty, and when in doubt, they buy the USD or t-bills. that is why the USD will have a dead cat bounce until after the election
Gold and silver will have some profit taking but when all is said and done they should move higher in the long run

Commenté il y a 4349 jours

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Début de l'article :It has been widely assumed across the markets that the forces of deflation have been vanquished by the Fed’s making it plain a couple of weeks ago that it is going to throw all of its firepower into the battle to defeat it. So let’s make this as clear as possible – the forces of deflation will not be defeated by anything until they done their work of expunging the massive overhang of debt from the system... Lire la suite

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