IKN

Win us with honest trifles

Gold is interesting today (for a change)

It’s been going through one of its boring phases recently, but the action today…

…is a change (link to chart here). US GDP number came in nicely, gold did what it’s supposed to do under strong GDP circumstances and dropped sharply, then out of nowhere buyers step in (were they up for the liquidity event?). Gold is up when it “shouldn’t be”, take due notice ladies and gents.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.