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

It is so preposterous that gold depends on a few words from the FED–so if they don’t raise in september

Posted by Richard640 @ 17:29 on August 21, 2019  

all u.s. and world debt and deficit problems are magically solved??  If the 10 yr t-note. yield rises from 1.5% to 1.75% or 2%…people should panic out of gold and into stocks, bonds or other paper…?  The municipal-state-and federal debt. and deficit spending will still be a problem…

It’s 5:515 and e-trading in gold is closed for 45 minutes until the night session…with yields up a wee bit and ditto the dollar at days. end…gold is only dowm 3.10…not bad at all…considering that the FED statement. was hawkish…next if Friday and Jackson Hole…Powell. may not. be. super dovish on friday buy I doubt. he’d. be as. hawkish as. today. sounded

Hopefully the Cartel won’t be able to bring gold in by morning down 15 or. 20…

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

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