gold has jumped from $1150 in off hours trading to $1200 on the open.
$50 is a 4.3% increase in a few hours
what? no posts about how it’s rocketing to new heights?
meanwhile, it’s pretty obvious to any watching there is a massive amount of manipulation going on
my fav is the fed to trying to prop up the dollar by buying gold with newly printed bucks and selling it for a loss going into the open. it’s a short term strategy they’ve been using for 3-4 years. in the end, the gold ends up overseas along with the profit... but the dollar survives to ‘fight’ another day
Everyone is allowed to post. Have at it!
How does buying gold and then selling gold prop up the dollar?