Yep and I bet you are underwater in the coming months. Not because I can predict the direction of gold but because I know we are in a downward spiral in everything and negative interest rates will cause a huge spike in gold that will be uncontrollable! It is going to be uncoiled any day now. You can see it in the bond market, the stock market, and the political arena. One day you will wake up and gold will spike $200-$300 and no one will be able to chase it. China has set up its own COMEX, BRICS nation ready to pull the plug on the petro dollar. Once the petro dollar is unplugged our dollar will crash and gold will double within days. You see all the bombings in Saudi Arabia over the last couple days? It is the U.S. government telling Saudi Arabia they better not even think of getting rid of the petro dollar. It will happen very soon. jmho
although none of us are ever right on the short term direction of gold I can tell you that I highly doubt any sell off at all right now. But as usual we will see... jmho
I was asking because I thought I recalled it opening in the morning tomorrow. I don't know why but I know it opens at 6pm. I looked it up at the CME group. For some reason I didn't think they opened till the am. Maybe that is Christmas.. Just a brain fart
$1450 by Tuesday open
Are they going to lose control of the price now? Could it open at $25 on Tuesday? This Sweden thing with the banks closing their largest gold and silver trader's bank account with no warning is pretty disturbing!
Try Sweden just closed their largest gold dealer's bank account with no warning! How do you think people are going to react to that one? It is starting and the contagion will be huge! Also, negative rates just about everywhere! More QE 4 just around the corner because the FED's will be cutting rates again and buying record number of bonds! Did you actually think they would ever raise rates? We are going bankrupt soon and can't finance our debt! The government can't afford higher rates! We are spinning out of control and there is nothing we can do to stop it. Paper fiat currency has never lasted in the past and it will have to be reset again. The coming doom has arrived and things will just speed up in the weeks to come. jmho
gold to follow!
Ruh Rooooo. It is the beginning of the end. This is huge news thanks jkflowproducts from the gld board!!
That happened on Thursday. I wonder why gold did not spike on Friday... Strange but really good find jkf!!!!!!
I just think we are in different times now. Negative to zero interest rates everywhere. Uncertainty rules the world now and gold is the only safe haven, imo. This rally may last a very long time. Who knows and that is jmho
Anyone know of anything going on there?