IKN

Hereditary sloth instructs me

Gold news: Taking a guess on the headline…

…the Bloomie will use to explain today’s move in gold, using (of course) the world-famous IKN Bloomberg Gold Headline Generator:

Because I forgot to include the “on market wankery” option, basically.

To be honest, nothing’s really changed in gold on this move. Until $1180/oz to the downside or $1280/oz to the upside is broken, this is trading range malarkey and nothing else. The good news is that some panicker might now allow me to get those two long positions i’ve been fishing for all week at a decent price.

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