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Goldman Says Options Demand Could Push Gold Beyond $4,900 Forecast

Reuters08-21 22:30

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  • Ancient One
    ·08-22 08:42
    Golden Cross should be appearing in a couple of days .. but remember it's a lagging indicator. Price and volume are your best indicators.  Weak hands all cleared after months, US$40T debt, interest at 120% of US GDP, Trump focused on his granites WH driveway. Fed will probably be hawkish next week - does market ignore the Fed or reacts to it is the big question.  Remember the issue is REAL interest rate !!  Can Fed rise interest rate ? YES  Can Fed rise   short term without impacting long term Treasury? Maybe , not for long Can Fed rise interest rate without impacting US midterm elections? Probably not US Treasury just half threatened and half begged the world to buy US bonds and keep bonds rates down. - the market Called bluff, took the US$4 billion and laughed.&n
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