Quote:
Originally Posted by Vendot
Well that Gold trade paid off nicely but it is pulling back now.
However, US markets are opening in 2 hours so I guess many Americans will be waking up to a bowl of cornflakes and a TRUMP presidency. Right now, futures are off by around 400 points.
The question is does it flip back the other way or do we get a BIG and sustained sell off and how does Gold perform?
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depends on the fake news, numbers, and the FED.
I'm still long term bearish on the market.
It's time for a major correction.
Do you think they will raise interest rates in December?
I do not, but this is what they have been waiting for.