Eureeka! I had 'wondered' what happened that had such an impact on the overnight 'spot' prices of Gold and Silver (other than the BIS/Gold Banks pushing the prices around the plate like cold rutabaga's to 'manage' the price). It was Central Banks trying to front-run the FED cutting interest rates an debauching their currencies. To be precise:- China- New Zealand- India- Thailand Not the best of times to be 'long' FIAT and 'short' GOLD [read: the wrong side of the trade]. Brace-brace-brace!- The ride's not over yet...
Sorry, Joe. They just don't want you anymore...
34 minutes ago
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