Home › Forums › Financial Markets/Economics › Why did Gold drop “Sharply” 25 points?
- This topic has 55 replies, 9 voices, and was last updated 16 years, 6 months ago by
jeeman.
-
AuthorPosts
-
March 23, 2008 at 11:08 PM #175251March 24, 2008 at 12:07 AM #175622
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 #175624ParticipantWell, 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 #175718ParticipantWell, 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 #175631ParticipantWell, 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 #175270ParticipantWell, 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 #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
March 24, 2008 at 12:16 AM #175275ParticipantYes, 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 #175637ParticipantYes, 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 #175630ParticipantYes, 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 #175623ParticipantYes, 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
-
AuthorPosts
- You must be logged in to reply to this topic.