From Shae Russell – Port Phillip Insider (Australia) –
Central banks lie, but gold tells you the truth
- First stage in the gold rally
- Fed stays predictable
- Winners are grinners
- The great gold hoax
- The other way to profit from gold
- Gold, the once and future currency
Ah central banks!
They love to move the market don’t they?
It was around 4pm yesterday afternoon, and I was about to place some gold trades for my personal trading account.
I like to trade gold on market announcements. And I knew that last night the Federal Open Market Committee (FOMC) would be announcing their September rate decision.
Before we review the FOMC statement, the gold price rally and other ways to profit from gold, let’s have a look at the market action overnight…