Consider the possibility.
posted on
Nov 29, 2007 04:55PM
The PPT is dampening the gold price. That is during European or North American market hours and often around noon EDT.
North America and Europe being to a large extent christian, will observe Christmas.
Well folks - Those markets will be closed for a long duration.
So what will happen when Asia places its orders during that time.
No one around to keep the cork from popping.
All the negative ducks for the US$ are lining up and more of them seem to be joining in. And are not the gold bulls ready to stampede?
Could this be the time we have been waiting for?
I am suffering from anxiety, are you? Edgy.