Courtesy of ZeroHedge. View original post here.
The Dollar index dropped and gold jumped as President Trump told reporters during a meeting with the prime minister of Singapore that he was “very very close” to a decision on who would be the next chair(person) of The Fed…
Jerome Powell continues to be the front-runner…
In a span of five minutes, 18,792 gold contracts, each representing 100 ounces of the metal, traded on the Comex at around 11:55 a.m. in New York – this represents around $2.4 billion notional of sudden buying-panic…
Pushing the precious metal above its 100DMA…