Gold extended modestly lower in overseas trading, as European FinMins met in Poland for the latest round of discussions on how to save the euro.
Once again, nothing of real substance seems to have come out of the meeting, which has prompted the yellow metal to rebound back to above the $1800 zone -
In fact, the attendees decided to put off until October the final call on whether Greece will get the next tranche of their bailout, all but assuring that Greece will be taken right to the edge of the precipice once again and the market will be on tenterhooks for the next couple of weeks as the bankster clubbing more fears into the market and pumping the fiat$ poncy schemes -
You can deduce from this decision that the FinMins simply have no sense of urgency with regard to Greece, or there is no consensus that the next tranche will or should be forthcoming.
As I think the markets have made it pretty clear that the Greek situation is urgent — the upcoming dollar liquidity wave notwithstanding — it’s pretty clear what the probable reason for the delay is… what nwo 666 banksters want to destroy the confidence in the market for US and help China and India - to rob more Mfg jobs from the US People etc. -
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