OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

He just figured that out?

Posted by Auandag @ 17:51 on November 3, 2015  

Jonathan Kosares of USAGold wr ites: “I’m becoming increasingly convinced that algorithmic trading is the single most influential force pushing markets in a ‘supportive direction’ of a ‘credible’ Fed. Would any reasonable person really be leveraging positions in long dollar, short yen, short gold, and short euro just because the Fed said they are ‘once again’ going to look at raising rates a paltry 0.25 percent in December? It doesn’t amount to anything. Yet the price action over the past week would suggest the Fed is on the cusp of a ‘lunar landing’ of monetary policy.”

The only way to escape this market rigging, Kosares writes, is to buy real metal, not paper.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.