Gold promoters’ selective thinking
Can you imagine if gold got clobbered by 7% in a day?
It’s an attack! The cabal is at work here! It’s JPM and those rotten Banksters, I tell you!
Hold the fort my Comrades in Golden Arms! They are just trying to scare you out of your positions!
Can you imagine if gold took the type of hit that Palladium is taking today?
Why no promo or excuse making for poor Pd? It’s not gold, that’s why. It’s a metal subject to cyclical supply/demand forces, not some cloak and dagger stuff behind a veil of mystery that the promoters want you to believe the gold market is.
There is manipulation in most if not all markets. Gold very much included. But I don’t care for the well honed tradition in the gold market because it is so often used for excuse making as opposed to ‘I screwed up, gold was not ready to be bullish yet’. Much easier to blame the dark forces at JPM, especially when the gold bug herds are lapping that stuff up. Which the less experienced or densest of them tend to do.
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options and more info. Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter@NFTRHgt.