and you know down deep - Yellen is looking for any excuse she can find to move rates higher, even though it might be very bad news for Gold Longs.
As word breaks around 2 am tomorrow morning that "Remain in Great Britain' WINS. See you all at $12 plus at close today and around $17 at market open tomorrow.
cause the Queen says "Sell that stuff now before it drops 20% in value" Heck she might be 90 something years old but she still knows when to fish and cut bait. And rumor now is the Queen is going long Dust and swatting Gold bugs.
if front of a Brexit defeat. Not a good sign to long gold or nugt since both will be temporarily crippled if G.B. stays in Europe.
but question to board. Shouldn't Dust be way, way higher with gold down $21 and odds improving that Brexit will fail? You would think Dust would be over $12 and flying higher seeing old sell off last few days. Maybe this is the calm before the huge sell off at the end of the week but in my opinion Dust should be way, way higher today.
They both both like needles and small testies. Well in Maria's case we will wave the testies but her voice now is very very deep when she grunts on the tennis court.
Well this move should be good for Gold going Higher but really good for "RUSS" which shorts the Russian economy. Talk about a Beat Down on Little Putin.
as "shorts" start losing fingers and toes left and right. Everyone thought no rate hike would appease the market. Well exactly the opposite happened and now Mother Market knows we're heading into a recession of which we haven't seen in years. Going forward Tvix and Vixy going to double and still keep climbing.
Bet we come close to $4 by market close. No one wants to go long the stock market now in front of Major Volatility. And as each day goes by the market finally realizes the "FED is no longer your Friend".
So true but do yourself a favor and pour your money into Gold since the "bots" can't stop gold from ramping to new 52 week highs through the rest of the year.
and in 'History" as gold climbs to new 52 wee highs.
No wonder we're heading for a 200 point Dow drop this morning. Problems is the market will fall further this afternoon.
while everything else will be "market correction RED".
and this time (since its so low) I think it might triple over a week's time.