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 11:08 PM #175698March 24, 2008 at 12:07 AM #175270
HereWeGo
ParticipantWell, the TBill rates have recovered as of midnight. Wacky SocGen traders.
SDR-
There’s a rumor that the Fed got a little perturbed at the IBs for the commodity runup, and basically said that if they wanted to take part in the TSLF, that new liquidity better not find its way to the commodity market.March 24, 2008 at 12:07 AM #175622HereWeGo
ParticipantWell, the TBill rates have recovered as of midnight. Wacky SocGen traders.
SDR-
There’s a rumor that the Fed got a little perturbed at the IBs for the commodity runup, and basically said that if they wanted to take part in the TSLF, that new liquidity better not find its way to the commodity market.March 24, 2008 at 12:07 AM #175624HereWeGo
ParticipantWell, the TBill rates have recovered as of midnight. Wacky SocGen traders.
SDR-
There’s a rumor that the Fed got a little perturbed at the IBs for the commodity runup, and basically said that if they wanted to take part in the TSLF, that new liquidity better not find its way to the commodity market.March 24, 2008 at 12:07 AM #175631HereWeGo
ParticipantWell, the TBill rates have recovered as of midnight. Wacky SocGen traders.
SDR-
There’s a rumor that the Fed got a little perturbed at the IBs for the commodity runup, and basically said that if they wanted to take part in the TSLF, that new liquidity better not find its way to the commodity market.March 24, 2008 at 12:07 AM #175718HereWeGo
ParticipantWell, the TBill rates have recovered as of midnight. Wacky SocGen traders.
SDR-
There’s a rumor that the Fed got a little perturbed at the IBs for the commodity runup, and basically said that if they wanted to take part in the TSLF, that new liquidity better not find its way to the commodity market.March 24, 2008 at 12:16 AM #175275jeeman
ParticipantYes, all signs point to deflation, which is bad for gold prices. Although the knife catchers might come in and prop up the prices for a bit longer as they see inflation in the printing presses. They don’t see that credit is being destroyed faster than the printing presses can replace. So the money supply is dwindling.
Jeeman
March 24, 2008 at 12:16 AM #175623jeeman
ParticipantYes, all signs point to deflation, which is bad for gold prices. Although the knife catchers might come in and prop up the prices for a bit longer as they see inflation in the printing presses. They don’t see that credit is being destroyed faster than the printing presses can replace. So the money supply is dwindling.
Jeeman
March 24, 2008 at 12:16 AM #175630jeeman
ParticipantYes, all signs point to deflation, which is bad for gold prices. Although the knife catchers might come in and prop up the prices for a bit longer as they see inflation in the printing presses. They don’t see that credit is being destroyed faster than the printing presses can replace. So the money supply is dwindling.
Jeeman
March 24, 2008 at 12:16 AM #175637jeeman
ParticipantYes, all signs point to deflation, which is bad for gold prices. Although the knife catchers might come in and prop up the prices for a bit longer as they see inflation in the printing presses. They don’t see that credit is being destroyed faster than the printing presses can replace. So the money supply is dwindling.
Jeeman
March 24, 2008 at 12:16 AM #175723jeeman
ParticipantYes, all signs point to deflation, which is bad for gold prices. Although the knife catchers might come in and prop up the prices for a bit longer as they see inflation in the printing presses. They don’t see that credit is being destroyed faster than the printing presses can replace. So the money supply is dwindling.
Jeeman
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