Grande Portage Resources Ltd. V.GPG

Todays Trading and Fake News

[Teakbois]

EVANS: FED COULD RAISE RATES BEFORE AVG 2% INFLATION REACHED


Bloomberg headline accident or purposed?

Dollar Surges After Algos Misinterpret Evans Headline That "Fed May Raise Rates" Before 2% Inflation Hit

And the result is.....PM's go from positive to negative.


Of course, since Bloomberg is limited on the size of its headlines, it picked the key message and that was enough for algos to unleash momentum in the dollar. As a result, expect upcoming Fed speakers in the coming days to undo the damage that this particular "lost in translation" headline achieved.

[Teakbois]

Todays headline......Dollar surges! up .27? Wow what an ourtrageous move. Sell gold, sell silver, sell stocks. The sky is falling! No its just another intervention by the banksters fleecing the longs.... Money printing up Economy slowing down Rioting Election chaos All reasons for gold to be going up..... And this morning...... https://www.zerohedge.com/political/hunter-biden-raised

[Teakbois]

And lets not forget.....the usual end of month price suppression as tomorrow is October Options Expiration and Monday is the last trading day for the September Contracts. Gold is presently finding support at $1864.