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Gold & Silver Surge As Traders Brace For Market Shock, But Here Is What Is So Unbelievable About Today
kingworldnews.com / March 27, 2017
On a day where gold and silver are once again surging to the upside, James Turk spoke with King World News about what is so unbelievable about today.
Is It This Easy To Predict The Gold Price?
James Turk: “I have an amusing story to tell, Eric. Anyone who trades gold will appreciate it. Earlier today when the Apr Comex gold contract was up 1% from Friday’s close, I sent a message on the internal Goldmoney system saying:
“Gold is up 1%, so the algos are out. With Comex option expiry tomorrow and OTC option expiry ending Thursday, we are probably at a short-term top for gold.”
Literally minutes later gold was hit by a wave of selling by these “algos.”…
The post Gold & Silver Surge As Traders Brace For Market Shock, But Here Is What Is So Unbelievable About Today appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/27/gold-silver-surge-as-traders-brace-for-market-shock-but-here-is-what-is-so-unbelievable-about-today/
