How do we know who has been buying and selling what? Answer: we look at a chart. And the chart for gold is bearish, not just maybe bearish, but firmly bearsish, a med-long term trend in fact. The gold party ended 3 years ago, get over it and move on. XJO to correct a little then move back up to 6200, gold will 1130-1150 next couple of months. US is in good shape, China hanging in there, India may surprise , and the world goes on. No gold needed, just invest in sensible companies making profits and returning yeilds.
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The state of gold, page-537
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