Loading ...Gold’s Most Important Weekly Close Next Week.. Ever | Market Rundown (substack.com)
Gold:
“Having had a phenomenal last 2 days, due to the fear of banking contagion and alternatively, the perception those quite deflationary problems would be slowed by Fed Easing/Pivoting there really is no safe reason to be short Gold.
Natural selloffs will be from longs getting out now. We do not think the Bullion banks are playing short side at all other than in their market-maker duties. Therefore, if they do smack it down, know it is almost definitely with express permission/incentive of Gov’t officials.”
This is a good article. He doesn’t think the banksters are playing. I think most of us will know when the banksters aren’t playing. The COT’s would indicate they are still playing.
Is next week for all the marbles, or just another week in the journey?