Club Mulgoa

Thursday, December 20, 2012

POG

Another big tumble.  When it falls massively, the only people who can manipulate the price like that are Central Banks selling their hoards.  Some hope to buy back when it is cheaper...  Smaller holders of gold can move it but do not usually have enough to keep the plunge going.

Hence, I am expecting my portfolios to fall further today  :-(

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