Dollar is at .8630 and is slipping
Gold is moving up despite the markets that
are not confirming the move.
Gold will move on its on, so I really don't care
what the indicator markets are doing. I do like it
when they are at least in a position to confirm the gold move, but they are not necessary much any more. Gold trading volume continues to be light, but we are getting very near the time when gold starts to make its move for the day.
It must have something to do with it being the noon hour at the Crimex NY time. I think the traders get into a state of hypoglycemia from lack of food and too much coffee and/ or sugar and they just want some excitement during an otherwise dull period. So they start trading and the adrenaline level goes up. No joke! I think that has a lot to do with it. And right on time.
HERE GOES GOLD!