Factors driving gold – COT report, options expiration, North Korea, Fed policy
There are many factors that drive gold, especially in the short term. Craig Hemke joins me today to recap some of the short term drivers that we are watching. We look at the COT reports that have shown institutional traders are still quite shorts. Also considering option expiration is next week there is a good chance gold is held around this $1,300 level. the last two factors we touch on are North Korea and Fed policy.
Click here to visit Craig’s site – TFMetalsReport.com.
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No lines for I phone…….Fangs in the dark……..8 nobody caren…..
http://www.zerohedge.com/news/2017-09-22/its-not-just-china-no-lines-new-iphone-8-virtually-anywhere
I said it was to expensive 4 weeks ago…….
Do you think these people care about an Iphone……
http://www.zerohedge.com/news/2017-09-22/puerto-rico-no-power-no-phones-and-unprecedented-damage
Here is the Sister China story…….world wide flop………
http://www.zerohedge.com/news/2017-09-22/embarrassing-2-people-show-iphone-8-launch-china
Next big story………THE DAMN RENT IS TO HIGH……..jmo
PVG and NSRPF are soaring today, and MUX may have found a bottom…
I actually have starting building a position in MUX down at these levels.
Thanks Cory for your discussion with Craig. He has as good of a grasp of why gold price acts as it does as anyone. Always enjoy hearing what he has to say.
Here’s Adam Hamilton’s latest. He provides some interesting comment on the QT Mother Yellen announced this week. Personally, I doubt if the QT will ever get to the 50B per month in Oct. of 2018. When the markets start down in earnest, we’ll see some quick back-peddling. http://www.321gold.com/editorials/hamilton/hamilton092217.html
One senile RINO fossil, Vietnam traitor, needs to be buried:
Amen CFS!
Let’s not forget John McCain spreading the Anthrax lie on Letterman.
https://www.youtube.com/watch?v=jMiDXoYJbN4
The noose is tightening.
https://beta.ae911truth.org/get-involved/bobby-mcilvaine-act
Why is Jamie Dimon so worried about Bitcoin?
Where was the first Anthrax letter delivered to?
Who bought the building after it was condemned?
Don’t hate the messenger.
Hate the message.
Jamie Dimon knows they can control Gold,not for monetary reasons but for sentiment.
The repeal of the commodities modernization act in 2000 guaranteed this.
Bitcoin is another story.
McCain the liar-traitor deserves to die, the sooner the better for America.
Because he is a buddy with Graham I never thought he would take this stance. At least the man stands for something, whereas many of the others on his side simply ‘want a win’, regardless of the contents of the legislation. Now if Collins and Murkowsky hold their ground…………..
https://btr-sfo-grass-2.blogtalkradio.com/1001935318–1067586857.mp3
Options with N Korea