RE:RE:Toronto Town Hall and PDAC2016Hi Arjan. Always happy to share. As for gold, I notice that every day last week, "they" pushed the price down five bucks or so every morning but then it would roar back later in the day to the $1280 level. On Friday they kept it down to $1250.
I note that despite another trillion euro effort from the ECB , gold still wants to stay up there. Now I suppose "they" are waiting to see what the FED does next. My take on all of this is simple. Any market that is driven by guesses about central banker behaviour is a sick market.
i sense that we are a good three-day move from heading above $1300. I see no reason why it shouldn't happen before the end of the month.