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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (108402)	3/28/2018 12:18:50 PM
From: Real Man	Read Replies (1) \| Respond to of 116825

I disagree. Gold is suppressed by Fed-sponsored derivative pushers, the fundamentals defined by currency in circulation component of the monetary base, which increases 7% every year for the last decade, look great. A lot of trading revolves around liar numbers and interest rates. I think QT is bullish for gold because it removes Fed sponsoring of derivative pushers. They tend to blow up without such sponsorship, and I think such a blow up will be positive for gold this time. In practical terms, should SP500 lose 200 MA and head south in determined manner, gold will sky.