Loading ...according to hook the gold market would scream higher but for the large specs betting on a up cycle in gold when it doesn’t happen they have to unload .. and the price blast down nothing to do with 7000 contracts dumped on the market in a ten minute time frame. Horse manure
the franchise of fiat needs to be protected even Russia has a hard time because of the money changers
gold has been successfully put on hold.. just one part of the mix to secure the central banks hold on the economic life of the world
‘does Russia carry a large put call ratio on their finances so that is why the ruble goes down and up. sure nothing to do with large financial interests taking a sharp club to the Russian bear …
with no limit printing of the worlds fiat with the payoffs to different and select financial interests are the many headed function of the algos and the rise of debt .. will debt be the Achilles’ broken tendon of the debt problem and will the gold be allowed to rise to cover these massive debts of the world economy..
. just you traders quit doing that put call thing so this can happen.. according to hook