What do you do when you are the United States starting yet another war, you mobilize the Exchange Stabilization Fund to clean up the mess in key markets.
Exchange Stabilization Fund Intervened In Gold, Silver, And Oil
January 12 (King World News) – Alasdair Macleod: “Gold started moving over the course of the morning as people began to take on board the importance of the (US & UK) attack against the Houthis, and the realization that the Middle Eastern problem is getting worse. And this isn’t just a one off attack and the Houthis were going to back down and then shipping was going to suddenly flow again through the Red Sea. No, that is not going to happen.
And then America opens and gold was up to $2,064, and since then it’s as if the Exchange Stabilization Fund came in and knocked it all back. And of course the interesting thing is…to continue listening to Alasdair Macleod discuss today’s wild trading in the gold, silver, and crude oil markets CLICK HERE OR ON THE IMAGE BELOW.
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