With the $ index down a big 1064 bps and stocks down 350, gold bulls should be worried today—gold is up only $6 and silver is down 22 cents—the Cartel is trying to recreate the conditions of 2008 when gold plunged WITH paper assets—but that strategy will not work this time—which I have said for many years—Thanks to Bill Murphy & GATA everybody and their pet Chihuahuas knows about the suppression….and we can’t underestimate the “Druckenmiller effect”—his position has caught the attention of the “big boys” and they smell cartel blood!
I am staying the course and giving gold every benefit of the doubt…