Home › Forums › Financial Markets/Economics › Why did Gold drop “Sharply” 25 points?
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jeeman.
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March 23, 2008 at 9:26 PM #175640March 23, 2008 at 9:40 PM #175197
HereWeGo
ParticipantGold smold.
Why is the 91 day T-Bill yield at 0.05%, and the 6 month at 0.01%?
March 23, 2008 at 9:40 PM #175547HereWeGo
ParticipantGold smold.
Why is the 91 day T-Bill yield at 0.05%, and the 6 month at 0.01%?
March 23, 2008 at 9:40 PM #175552HereWeGo
ParticipantGold smold.
Why is the 91 day T-Bill yield at 0.05%, and the 6 month at 0.01%?
March 23, 2008 at 9:40 PM #175556HereWeGo
ParticipantGold smold.
Why is the 91 day T-Bill yield at 0.05%, and the 6 month at 0.01%?
March 23, 2008 at 9:40 PM #175647HereWeGo
ParticipantGold smold.
Why is the 91 day T-Bill yield at 0.05%, and the 6 month at 0.01%?
March 23, 2008 at 10:07 PM #175215SD Realtor
ParticipantArraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
SD Realtor
March 23, 2008 at 10:07 PM #175565SD Realtor
ParticipantArraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
SD Realtor
March 23, 2008 at 10:07 PM #175570SD Realtor
ParticipantArraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
SD Realtor
March 23, 2008 at 10:07 PM #175573SD Realtor
ParticipantArraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
SD Realtor
March 23, 2008 at 10:07 PM #175663SD Realtor
ParticipantArraya it is really interesting. Chris S also issued similar warnings about gold a few weeks ago but of course was shouted down by many people here. The murder of commodities has indeed been swift and of course all of the people who love to talk about how much they have made off gold and such have been silent over the past week. Seems like they are slipping into the hold and hope mode. Other people I spoke to seemed to echo what you are insinuating which is, there is no chance that the Wall Street would let gold run and the 1000 point seemed to be the trigger for them to take action.
So the question is, do you really think they have enough power to continue to knock it down? Right now it is fascinating to see how much it has lost in just a few days. There is no logical reason for it to behave in such a manner. That is the problem though isn’t it? Logic has little to do with much of anything these days.
SD Realtor
March 23, 2008 at 11:08 PM #175251capeman
ParticipantHereWeGo is on the right track. Short term T-Bill yields down to record levels as gold retreats… deflation monster?
March 23, 2008 at 11:08 PM #175598capeman
ParticipantHereWeGo is on the right track. Short term T-Bill yields down to record levels as gold retreats… deflation monster?
March 23, 2008 at 11:08 PM #175605capeman
ParticipantHereWeGo is on the right track. Short term T-Bill yields down to record levels as gold retreats… deflation monster?
March 23, 2008 at 11:08 PM #175608capeman
ParticipantHereWeGo is on the right track. Short term T-Bill yields down to record levels as gold retreats… deflation monster?
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