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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+1.6%4:00 PM EST

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To: yard_man who wrote (217377)10/9/2025 8:02:03 PM
From: GROUND ZERO™  Read Replies (1) of 218635
 
From what I've seen so far with the metals, I don't think we'll see much or any more heavy selling, that may have been a one day wonder...

The central banks are buying aggressively, I don't think they're going to "trade it and wait for a big pull back," they just buy heavily every day no matter what...

All they want to do is buy and accumulate as much as they can as quickly as they can...

Remember, also, all the world's central banks are now competing with each other for this one commodity...

They're not likely going to sit back and wait for a "nice pull back" so they could buy more, they're buying no matter what the cost...

So, we'll see...

I also hear that china is also very aggressively buying gold and their additional purpose is to destabilize the dollar...

But, I don't think that's going to work for them because it's counter to the very reason all the other countries are buying gold, because they want the dollar but won't get it...

So, the competition for buying gold is both aggressive and world wide...

Really, can it get any better for gold bug these days???

GZ
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