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Thursday, September 18, 2014
Vote for the fall of Gold
Fx and metal traders seem to be waiting for the Scottish vote even more so than the Federal Open Market Committee meeting. Many people are skeptical of the vote having any impact on gold at all, but I foresee a whole other change coming. We did see a little rise but not by much. If the fear of the ERO and GBP fuels the USD in the market, the USD could get stronger and we could see a huge drop in gold this week with today’s vote. Holding short at 1309.88 current price 1225.00 gain of 6.4%
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