TSXV:GSVR - Post Discussion
Post by
ErinBrockovich on Jun 08, 2024 8:20am
From CEO Boards
China holiday on Monday. Tuesday will be an interesting day for PM.
NFP data might be wrong. And will likely change next month
just a big pile of bs. So China CB never bought in May. Why did gold futures in China close at 2424 before the holiday. And the nfp will probably turn out to be bs.
3
@ltdpilot Odd this keeps happening on NFP day 3
@lexcon The NFP of +272k jobs or whatever it was had 200k+ of seasonal birth-death model added in. When they correct that next month the revised number will be way below estimate was now but no one will notice or care by then. Same thing has happened with jobs for the past year or more. 3
@lexcon with china closed for dragon boat festival on monday we can expect the paper contract sellers to continue on monday knowing there won't be chinese buyers standing for delivery. But then come tuesday and we get back to where we have been recently as the buyers come back in.
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