Turk: “We are seeing some extraordinary events in the gold market, Eric. One of these was yesterday’s London PM fix, which people are still talking about. Gold was trading quietly around $1385 just before the fix. Then, as the fix commenced, gold rose within roughly 15 minutes to $1414.
It was a real rocket-shot and caught the shorts by surprise. But the shorts regrouped, in order to regain control, and gold then dropped lower in the next 30 minutes. After the fix ended, gold had fallen to below $1370. We have to consider the significance of this extraordinary event…
Read the complete article at King World News here.
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