OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold

Posted by Maddog @ 14:39 on February 24, 2017  

My take is that it is all option related, last few days, plus there is clearly an attempt to bully the dollar higher, by the shorts.

The mkt is massively long dollars and so far we have seen very little covering. Tdy GBP/USD got close to 126.00 much above there a major trendline breaks…out of nowhere it is was smashed back to 124.50 ..smacks of desperation…..Note mkt never expected the Donald to win and Killery would have kept the strong dollar policy etc.

As for GDX offers have been 2 or 3 to one all day, as granters make a mockery of option trading.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.