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Gold & Yen's Perfect Desert Storm
Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
EURO down but GOLD up , especially Gold by EU/ ons above 800 , is it normal ?
Just imagine, JUST IMAGINE what happens to pairs like USDJPY and AUDUSD when euity tides change and start to decline.
Yup, you guessed it-DESTRUCTION!
Thank you PPT for giving confidence to the lemmings who INSIST on putting risk trades on in anything but a "riskless" environment.
Now it is time to take to transfer some of that $$ from the lemmings accounts to ours!