RE:RE:RE:RE:Whats going on today???
Point well taken,,yup falls off of the high to hit the bottom trend line,,,,lets not forget Central Banks are accumulating a rare metal called GOLD, they are vaulting their casche against the onrush of fiat dollars Globally. As you well said do not bet against the Financiers of the Planet, remember that B of A made call for 2500.00 u.s.dollar per ounce bey end of 2021 (?). Remember that Banks work on long term projections, like out years ahead. Rember thats why they are willing to hold house mortgages, long terms. There is a scream for gold standard underlying all of this and that will set gold on fire should it occur, till then we are still using gold for hedging, jewlery and manufacturing of electronics. Gold has a nische all of her own!