OverdoneUnbeleivable how the same game is played over and over again with the exact same
results. The selloff is way overdone as usual and the sellers are now back on the buy side.
The Fed threatens to raise rate by .25% and gold gets dumped like a hot potatoe while US$ suddenly finds strength catching many buyers off guard again. Well some maybe but nobody is
selling physical my friends and the trillions of dollars of US$ debt did not suddenly disappear.
This paper charade will continue to work as long as their are counterparties willing to partip-
ate. The gold in Ft Knox and in the Comex and in London has long been fractionally hypoth-
ecated away so those that are holding actual bullion are not selling but keep adding when it
goes on sale. It's buying time again IMO. MS