Its a nice read but I must admit a little complicated ...
Could you please explain in layman terms. Or what does all this mean to Gold.
My understanding is until the managed money or big money dosen't put money to work in Gold ..it will be very hard for gold to rise. It is competing with US Dollars and US Treasuries. What needs to happen before the big money starts chasing gold!!!
Thank you
TRY Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held