Thread: News Time To Buy Gold?
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Old 02-11-2016, 05:06 AM  
Vendot
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Join Date: May 2002
Location: Malaysia
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Quote:
Originally Posted by GFED View Post
fuck it, buying more now.

Shit is really gonna hit the fan when China opens next week.
What the fuck?

It was up 4% earlier (up $42 just for today)...... what did I miss?

You're right though, because there'll be a whole load of activity when Chinese New Year holiday ends on Monday and since China has capital controls and the dollar is falling, Gold is the most obvious option available to Chinese people.

Quote:
TLT, XLU... I expect these to get hit when interest rates rise...
What makes you think they're gonna rise?
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