These figures will add to the expectation of a near-term increase in US interest rates.....
Bring it on...
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These figures will add to the expectation of a near-term increase in US interest rates.....
Bring it on...
An Equedia article I thought was interesting, and scary.
http://www.equedia.com/how-this-land...m_medium=email
Really I thought it was complete rubbish Elzorro.
The only thing interesting is the 7 year cycle.
Any site that has a category titled 'untold truths' probably should be dismissed outright.
Its a bit like all those clowns who talk about 'the lost knowledge'.
A good fictionary read
I fell asleep when the religion bit started.
Gone long gold this morning. Might be a bit premature as ideally would like to buy around $1220. Will just buy more if we get there.
Yep day traded yesterday for a nice profit & now back in.
Not looking so robust today though.
All hanging on Greece so bound to see some volatility.
I think Greece doing a deal is pretty much priced in, maybe a bit more to the down side.
Russia is the outlier imo. i.e. if they strike a deal with Europe on the Ukraine then it will move sharply lower.
In saying that the opposite will also be true.
Overall I think there has been a general sentiment shift in gold in 2015 from outright bearish to mildly bearish / mildly bullish.
Nice bounce off around $1200 early this morning.
Picked some up at $1200.50 so looking good now.
US appears to backing away from raising interest rates.
Watch out in regards what this means for currencies.
Brent also lost more than WTO overnight reversing the recent trend, this could be the start of the next leg down in oil imo.
Gold traded basically up to the resistance in the flag thats forming at $1223.
Is the range going to narrow now until we see a breakout?
I'm a buyer on dips.