DislikedI will be more than happy to help you on this with an expert advise. But before that just let me know what is a (bloody) Fix?
ps - What I understand is that London Gold Pool sets the opening prices for one ounce of spot gold just like bookmakers set the opening rates and then let demand and supply forces take it where they want to take it. This is normally done to protect interest of association member dealers from price arbitrage. Somewhat similar to Daily Pivot. In old days the days's commodity opening rates were calculated by adding Opening+Closing+Closing+High+Low...Ignored
- #455,243
- Jun 4, 2011 6:14pm Jun 4, 2011 6:14pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #455,251
- Edited 8:43pm Jun 4, 2011 8:14pm | Edited 8:43pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #455,254
- Jun 4, 2011 9:04pm Jun 4, 2011 9:04pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #455,258
- Jun 4, 2011 9:17pm Jun 4, 2011 9:17pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #455,260
- Jun 4, 2011 9:29pm Jun 4, 2011 9:29pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street