Joules MM1
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with gap down in US futes and NIK, suggests liquidity game will get a bit frenetic for a 'few' hours.....not a good time to get aggressive either side for gold players.....
gold is certainly on a downer in 2013 ..........and the strong USD is certainly giving it a kicker
N
what planet are you living on?
still biased for larger swings to be upside for a few weeks...not coz of 2k waffle, coz it's a tradeable instrument.....
sell the strength, get a better exit price and other excuses from the traders verbage almanac :cheesy:
Chinese selling gold late yesterday. Beware :idea:
http://rt.com/op-edge/us-debt-gold-price-threats-481/
The U.S.A. and China are both currently motivated to prevent gold rising.
U.S.A. indefinitely, China - as long as it suits them.
Chinese selling gold late yesterday. Beware :idea:
Is there a conflict of interest in Russian Times presenting this version of events considering it is a gold producer?
Personally gold is pretty useless imho. Of all the different asset classes to invest in gold is pretty low on that list.
Someone quoting $10,000 smacks of desperation. Especially so in light of rejection of the $2,000 level.
Typical Russian negotiation; go in hard, way over the top and then start rounding it down by knocking off a zero to $1000. :cheesy:
http://www.trade2win.com/boards/com.../179184-gold-weak-vulnerable.html#post2189632
China doesn't seem to think its useless...
Don't let that get in the way of your own bias though, heavens forbid
Own bias???? Not sure I understand dude?
The link I posted earlier:
http://www.trade2win.com/boards/com.../179184-gold-weak-vulnerable.html#post2189632
China don't think gold is worthless, as they have been buying quite a lot of it
the last few years, with constant rumours of a gold backed Yuan.
So I naturally assumed you saying gold is worthless is your own bias towards gold,
and not a wider factual statement of all the major global players.
email said:People who OT on gold are also pretty sick and daft gits too. Enough evidence on these bloggs. Nuff said.
first response to this thread comes into the email.....this thread is going a tad smeagle
pity