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It was to be expected Razors Edge.
This week was the perfect opportunity for the FED ,no matter what their figures showed to push Gold lower. Its Year of the Dragon ,chinnese New Years holiday ,.
Yes Mr Tibbles ,iti sad.
But as Esta Ranzen used to say "Thats life"There is corruption everywhere,even charities ,who take huge commissions from gifts ,they say are expenses.
Egypt is not much different than the West.
Where it is done by benefits or gifts to politiciians or party funds, maybe travel tickets ,holidays ,or inside information.
The brown envelope maybe ,but by agreement.
And to cap it all, tax deductable with a good accountant. ;-)
in general,are dropping more than cey and also more erratic in movement.
so when the us sorts itself out in november ,then it could all stabalise .
.unless of course ,some or one of their banks goes **** up, putting it realisticly.
When you look at the value of each sold trade versus bought trades the bought are 10 times more.
this must distort the share price, small value traders. Up 10 quid then off to weatherspoons to celebrate.
Oh what a surprise, apparent bad news for PMs on a friday.
I wondered all week what was going on , very quiet ,gold rising with no response from the US, they chose Friday ,with very revised figures from December ,how could they get those figures so wrong, but useful for future revisions.
Not very good with figures are they, but very useful for revisions when needed, ;-)
That tarriff you mentioned from Trumpeter is not 10% .
Its 60 %, bigger and better from trump.
The market ,in fact no one will like that.
Nixons executive order did not last out a year, it caused dollar exchange rate problems, you really have to wonder what planet they are on . Far far away 10 million light years away , ;-)
Most politicians, are from weathy families with private education.
But like years ago when familys had a had a child, that was a little stupid they were sent to the church !
Now they become politicians.
Like Dasut just said they know nothing about business. Just employ others for that.
I am not sure you are right about your topic.: Forward borrowing:
At the end of every fiscal year ,some ingots of ore not purified,do not make it out on time.
So are held in company vaults, or mid travel to be purified. So are held over, to the following year.