i’m expecting gold to pop in the early hours and then tank when the US market opens as the fed dumps its gold contracts for a loss (they’ve been doing this for 4+ years... easy when you print the money)
And I will be buying gold on the dips.
“i’m expecting gold to pop in the early hours and then tank when the US market opens as the fed dumps its gold contracts for a loss”
I don’t think the Fed buys or sells gold or gold contracts. I could be wrong, of course. Now, the Treasury is, from time to time, very active in the gold market. Did you mean the Treasury rather than the Fed?