Recent content by ducati996

Well given that the implementation on 1 Jan. 2022 was effectively going to end the paper gold market, with a corresponding rise in the POG, failure to implement would, you would think, negate the bullishness. Possibly however, given that it is a unilateral exemption to the London market...

Rumour has it that London and the Bullion banks are going to be granted an exemption from Basel III regulations. jog on duc

I would argue that there is still profit available in the Long Gold trade for the following reasons: (i) $TNX is weakening (falling yield) and will likely lose another 17 basis pts; and (ii) $CRB has turned up against $TNX; and (iii) As DXY is no longer supported by an increasing yield $TNX...