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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Gold Price Predictions On December Fomc Meeting

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Author Previous TopicReplies: 2 / Views: 1,371Next Topic  
leon1998
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 Posted 11/22/2015  11:12 am Show Profile   Bookmark this topic Add leon1998 to your friends list Get a Link to this Message Number of Subscribers
Four possible scenarios

1. Banksters are NET LONG on gold futures contracts; AND no rate hike
Gold spot will rise, reason: easy money policy continues

2. Banksters are NET LONG on gold futures contracts; AND rate hike !
Gold spot will rise, reason: the event was priced in

3. Banksters are NET SHORT on gold futures contracts; AND no rate hike
Gold spot will fall, reason: possible rate hike on next meeting

4. Banksters are NET SHORT on gold futures contracts; AND rate hike !
Gold spot will fall, reason: US dollar strengthens

Since Banksters are NET LONG gold now, I vote for #2, how are about you
Edited by leon1998
11/22/2015 11:12 am
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GaryN
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 Posted 11/23/2015  10:09 am  Show Profile   Bookmark this reply Add GaryN to your friends list Get a Link to this Reply
#3 - I suspect we'll see $1000 US on Gold by December 20th.
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leon1998
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 Posted 11/23/2015  10:59 am  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
Banksters are NET LONG on gold; and Fed meets TODAY!

They can't wait until Dec 16, since Banksters' long position is READY now.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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