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Re: GOLD Where is it heading

So let me get this right... You are saying that the XJO is headed down big time and that the top was in March this year but that the US markets may be propped up by the PPT?

Based on that it would make sense to short the XJO and keep well away from the US markets.

I agree with your post overall, China and the CRB etc, but am not convinced about the US bit. If they were going to prop the markets then wouldn't they have done so during 2000-2002? I am aware of the PPT but just wondering why they would act so forcefully now when they didn't last time?

Timing - you mention 06/07 - would that be October 2006 low by any chance? Just going by what I have read elsewhere on this subject as they all seem to mention Oct 06 but then they are talking mostly about the US markets.

A lot of questions I know but it looks like you are the person to ask...

<blockquote data-quote="Smurf1976" data-source="post: 12815" data-attributes="member: 676">Re: GOLD Where is it headingSo let me get this right... You are saying that the XJO is headed down big time and that the top was in March this year but that the US markets may be propped up by the PPT?Based on that it would make sense to short the XJO and keep well away from the US markets.I agree with your post overall, China and the CRB etc, but am not convinced about the US bit. If they were going to prop the markets then wouldn&#039;t they have done so during 2000-2002? I am aware of the PPT but just wondering why they would act so forcefully now when they didn&#039;t last time?&nbsp; <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused&nbsp; &nbsp; :confused:" loading="lazy" data-shortname=":confused:" /> Timing - you mention 06/07 - would that be October 2006 low by any chance? Just going by what I have read elsewhere on this subject as they all seem to mention Oct 06 but then they are talking mostly about the US markets.A lot of questions I know but it looks like you are the person to ask... <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />&nbsp; <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></blockquote>

[QUOTE="Smurf1976, post: 12815, member: 676"] [b]Re: GOLD Where is it heading[/b] So let me get this right... You are saying that the XJO is headed down big time and that the top was in March this year but that the US markets may be propped up by the PPT? Based on that it would make sense to short the XJO and keep well away from the US markets. I agree with your post overall, China and the CRB etc, but am not convinced about the US bit. If they were going to prop the markets then wouldn't they have done so during 2000-2002? I am aware of the PPT but just wondering why they would act so forcefully now when they didn't last time? :confused: Timing - you mention 06/07 - would that be October 2006 low by any chance? Just going by what I have read elsewhere on this subject as they all seem to mention Oct 06 but then they are talking mostly about the US markets. A lot of questions I know but it looks like you are the person to ask... :) :) [/QUOTE]

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