Post by
Vinnie3 on Dec 22, 2022 5:11pm
Here they go again - day 2 of going down
Not only are the markets in crazy valuations but now the government is manipulating the GDP number, which is ieasy to do since they can estimate inflation as they wish and they assumed a humongous figure in the GDP equation.Look it up , very easy. Over 3% GDP right now is preposterous.Your gut reaction was right.
It was thus easy to push gold down $30 even when the US dollar only went down very stlightly.
But these were the 2 steps down for gold. They know tomorrow the CPE will favour gold , that figure is harder to play around with. So big day for gold tomorrow. You will see.They really knocked down gold a lot preparing for that but the asians love it because gold is cheaper. But not tomorrow since gold will fly with the CPE figure.
This GDP political number is a farce.
Comment by
eiementai on Dec 23, 2022 1:29am
This post has been removed in accordance with Community Policy
Comment by
Vinnie3 on Dec 24, 2022 12:10am
Like every year, the world still calls a truce around this time of year. Next week will be neutral but watch January go nuts for gold. Even though affection does not permeate really anywhere on this site, strangely dehumanized by the demons of gambling, I will gather up the courage to nonetheless wish you a very happy merry Christmas. Dont sell your gold shares, dont !!!!!