The big push against Gold finally seems to be "kicking in" on the rest of the commodity sector. Notch one up for the central banks.....
The question is whether this is temporary profit taking by speculators, or a new trend.... I would seriously doubt it's a new trend, there are just too many negatives out there for a plunge in commodities to take hold...long term.
But at least now the market can "breathe."
The chart in the link is interesting.... EVERYTHING SOLD OFF BIG TIME TODAY! EVERY COMMODITY PLUNGED! IT'S SOooooo FAKE! BUT WHAT CAN YOU DO? THIS IS A VERY VERY RARE CHART PATTERN AND IT LIKELY MEANS THAT SOME KIND OF "INTERVENTION" IS AFOOT.....
THE CENTRAL BANKS HAVE A JOB TO DO.....AND IT LOOKS LIKE "PLUNGE PROTECTION" WAS IN THERE PROTECTING THE DOLLAR TODAY....LOL
