Where i see a concern, is if they are going to let Gold help bail out the debt problem, it needs to be way more expensive than this…….in times past, there was no doubt PM’s were sat on to maintain the facade that inflation/the world was all under control etc…..
it certainly looked like that during the big runs, the control was stopped/turned off…..yet now we see signs of it being turned back on…like today…the 4340 level in AU, was certainly defended heavily ystdy and today, then we get a break out and the mkt runs 35 bucks straight up….as little selling was around…..then above 4370 the selling comes right back and eventualy the mkt is beat back sub 4340…..that makes no sense, especially the manner of the selling…as u say same old pattern buy why here…if prices need to go much higher….a real conundrum.
