Gold price will or must comes down further ?

Discussion in 'Gold' started by masmas, Oct 6, 2016.

  1. masmas

    masmas New Member

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    People,

    Can anyone please shed some light and explanation as to why this article mentions that Gold will be going down further due to overpriced ? :eek:

    http://www.bloomberg.com/news/artic...ng-to-deutsche-bank-s-chief-global-strategist

    Looking at the diagram below, it clearly shows that Deutsche Bank is too big to fail:

    [​IMG]
    Source:http://fortune.com/2016/09/27/deutsche-bank/

    Any comments or explanation would be greatly appreciated.

    Thanks,
     
  2. Ag bullet

    Ag bullet Well-Known Member

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    Fireworks with Deutsche in the middle?
     
  3. masmas

    masmas New Member

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  4. RichardAL

    RichardAL Active Member Silver Stacker

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    Seasonality.

    Fat finger trade.
     
  5. masmas

    masmas New Member

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    Thanks Richard and AGBullet,

    It seems that Gold & Silver will be dropping again this December due to the Feds increasing Interest Rate.
     
  6. Peter

    Peter Well-Known Member

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    Journalists have to write something or they are not paid and their children go hungry.
    So they have to come up with something, and so on the slimmest evidence will write exciting and
    Worrying things to get people to buy newspapers or go to sites.
    They are professional doomsayers.
    Gold went down 3%.
    Also gold is the only real threat to those who make a living printing money
    And manipulating currency and they like to downgrade it, and stop people holding it.
     
  7. Old Codger

    Old Codger Active Member Silver Stacker

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    Depends on who is doing the manipulating, and why!

    Gold, Silver, Shares, Bonds, ALL a false and manipulated market with smart computers doing the thinking.

    Will or must has nothing to do with it!

    JMO

    OC
     
  8. masmas

    masmas New Member

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    Hi Old,

    Do you mean manipulated by the paper trading and the Quant algorithm in the market ?
     

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