Monday, January 13, 2014

A bet has been made on the price of gold.

I've just bet someone a shiny ounce of silver that gold will be above $1280 on the Jan 27 London PM fix.

I'm just posting this here to jinx myself.

Between now and then there's the Jan gold opex, apparently. And it's possible the US market comes out of its doldrums before then and goes back to encouraging Wall Street Whitey to sell gold buy SPY.

But it seemed like a good idea at the time.

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