gold may be a buy for those that didn’t get in last week…cause if stocks roll over later…gold could comeback strong…if stawks rally a lot and stay there-say–all morning–I doubt gold would just roll over and swoon to down $15…1st of all the dollar was down .240 at 6:40 a.m.–now it’s down .340–so no obstacle for gold coming back…God only knows why…but the switch for gold seems to have been tripped “ON” for now and some kind of rally seems likely…probably a slow grinder but maybe a mo-mo one.
P.S.-since I wrote this i see gold got swatted down to 6.40…I think things have changed-before last week I would have closed my com-pooper and said “Merde! It’s gonna be one of those days…1st I’ll see if they can rally stocks and get gold down further…then take a stab….