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

Morning Buygold

Posted by Maddog @ 9:56 on August 20, 2020  

The Fed minutes have put a rate scare out there, which will take a while to dissapear…..as it will, as people realise they cannot let rates rise at all, due to the size of the debt etc.

But it will likely be enough of an excuse to keep hammering PM’s, some are short Gold above 2000 and feeling very perky……longer term moving averages are miles down still, so this correction looks like a biggy…I thought we would rally straight back…..but not allowed…note NEM’s strong open got crushed.

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