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Message: Next week POG guess

Just an educated guess based the well known secret in metal market, thanks to the whistle blower.

Monday FOMC meeting will have no surprise, no rate change, bankers continue to get free money to play.No surprise, so no impact on gold.

From Mon to Thur, Fed's $134B note/tbill has to sell. It is almost a double of the average $75B/wk, so the well known pattern will kick in. Mon and Tue have the larger amount, so POG will be heavily impacted, 2-4% drop expected. From Wed, POG will lose less and may turn around. At 1 pm Thursday, POG will turn around for sure, since shorters get the job done and start CYA step.


JMT.

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