Gold Falls Despite President Of The United States Attacking “Fail Again” Federal Reserve
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Gold sees selling of gold futures in electronic trading on NY Globex despite a bullish Fed rate cut and even more bullish attack by President Trump on the Federal Reserve. Those who have alleged that gold is being manipulated lower believe that this suggests that despite the indictment of JP Morgan, gold is still being manipulated lower. This creates opportunities for long term value buyers who continue to accumulate on price weakness, real or artificial.
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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
