Quote:
Originally Posted by Vendot
And your point is? The gold price is fluid so it moves up and down. It just momentarily spiked when that news was announced, then on the Trump news and has fallen since. That's the way markets work - they move up and they move down often based on economics and geo politics.
However, in India prices diverged from the global price and went as high as $2300/oz
You're a bit of a clueless loser, WOJ.
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the way you phrase your comments about gold make it sound like gold is a good investment, and that there is some easy $$ to be made on a swing trade... i.e. "This is going to be HUGE news globally"...
while what really happened, was nothing at all, this "HUGE news" was only barely mentioned in mainstream media and the brief spike on global exchanges on Tuesday was a result of uncertainty connected with the election, not because of some policy changes in India... and then 2 days later, gold is actually down few percent... how is that possible? maybe it wasn't that "HUGE news" after all?
so it was a pretty weak tip, anyone taking advantage of it would have lost $$$...