Comment by
greenland on Sep 21, 2020 10:14am
Hopefully you are right! https://www.tfmetalsreport.com/podcast/10412/thursday-conversation-andrew-maguire
Comment by
StonksInvestor on Sep 21, 2020 10:33am
No doubting you at all, but I'm just curious to what the logic is? By all counts it looks like its just taking a big dive for now.
Comment by
Goldrushicon on Sep 21, 2020 10:50am
What an epic waste of a beautiful Friday ;o(
Comment by
Chester55 on Sep 21, 2020 10:51am
My only logic is that gold started its decent after the London market opened. It overlaps with the US by 1.5 hours. It's JMO. Banks leveraging down to pick up stops and then ride the wave up. All markets are getting hit I see. holycow there is no safe place.
Comment by
Chester55 on Sep 21, 2020 11:10am
And it's already bounce back $18 friggin London
Comment by
tanneri on Sep 21, 2020 11:33am
I'm red right across the board today other than CMC
Comment by
Hipshot on Sep 21, 2020 12:19pm
I do not know! when central bank purchases gold from another cb- does an actual transfer of hard assets occur? if not it is simply a paper transaction-a sale is recorded, resulting in a recorded trade- means nothing, because hey can sell back next week same price or lower, and nothing really happened. Some of you fvl brothers comment! oops I trade on the us market- use kgc