Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, June 25, 2009
GOLD DROPS TO YESTERDAY'S CLOSE PRICE AS THE PPT GOOSES THE DOLLAR TO .8111
This is a temporary manipulation by the PPT to keep gold from skyrocketing. You can see it because the Dollar 'gapped' higher...very unusual trading except when the PPT steps in with a large dose of dollar buying.
Gold will now move up on dip buying...OR... build a ledge