The Phaserl


Ted Butler: Cornering the Gold Market

by Ed Steer, Casey Research:

The gold price ‘action’ on Friday, if you wish to dignify it with that description, was nonexistent, and the highs and lows aren’t worth posting, as the gold price traded in a tight ten dollar range through all of Friday everywhere on Planet Earth.

Gold closed at $1,314.70 spot, up $2.30 on the day. Volume, net of August and September, was very light at only 103,000 contracts.

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