30 January 2015

China Takes Down Another 71 Tonnes of Gold Bullion From Shanghai

Major macro trend changes in long term buying habits by the world's major Banks don't matter.

Daily prices are perfect indicators of all information.  No markets are ever rigged.
Central Banks don't know any more about their own long term strategies than a beer vendor at a ball game, and have about the same amount of buying power to back them up.

People hang on every word from Janet Yellen's lips, but whatever China does is meaningless.

Nothing to see here, move along.