RE:Gold Holding Tight Very nice post. Thanks. It is too difficult to gamble on one way or the other when the Central Banks come in, like today, and change the rules of the game with the blink of an eye. The money they are saying they are threatening to throw at the economy have only increased exponentially while gold has dropped quickly during this same QE payout. K and other gold companies are also to blame for their reaklessness, as they printed shares, paid too much for aquiring properties, and paid out significant bonuses in cash, salary and options. This is their reckoning and humbling experience.
All things rebalance correctly, and in the mean time, there is significant opportunities in the fast paced wild swings both up and down.
glta