Post by
Goldhound3 on Oct 06, 2016 11:02am
Gold down another 16 dollars today
Wait until the jobs report comes out tomorrow. If the numbers are good gold might go below 1200 and if Feds raise rates in Dec we might even see gold below $1100. Might be a planned gold crash by the cartel ( Comex)
Comment by
bobofet on Oct 06, 2016 11:12am
Yes indeed tomorrow jobs number will be so important.... if its low we move a tad.. if its high gold will take another %hit kicking, because instead of being a possibility of a rate hike,,, it would surely guarantee a rate hike as most news for the U.S of late makes it seem like they are Booming, and the American dollar is on fire. signed holding long
Comment by
Goldhound3 on Oct 06, 2016 11:19am
I think if job numbers are good and TMM drops below .50 I may have to start nibbling again. It might take a year or 2 but I think gold will hit 1400 at some point
Comment by
Platin2014 on Oct 06, 2016 2:23pm
China is back in the game on Monday